Wraps Arabia opens 1st outlet in Saudi
Riyadh, September 25, 2013
UAE-based Wraps Arabia, a leading food and beverage company, has announced the opening of the first branch of Zaatar w Zeit, a Lebanese baked wrap brand, in Saudi Arabia.
The outlet is located on Riyadh’s Prince Mohammed Bin Abdulaziz Street and is the largest of the brand’s branches in the Middle East.
The opening of Zaatar w Zeit outlet is the result of a partnership between Cravia Arabia and Health Food Company, an affiliate of Saudi Arabia-based conglomerate Al Rajhi Group.
An agreed investment plan of SR30 million ($8 million) from the entities will finance the opening of several more branches across the Kingdom in the near future and will create job opportunities for Saudi nationals.
“After a long and rewarding experience with Zaatar w Zeit in the UAE through our parent company, Cravia UAE, it was time to take the brand’s renowned name to Saudi Arabia,” said Walid Hajj, CEO of Wraps Arabia.
“In addition to giving customers in the country the opportunity to enjoy Zaatar w Zeit’s delicious menu offerings, the expansion plan will contribute to creating more employment opportunities for young Saudis seeking work in the restaurant industry,” he added.
Zaatar w Zeit’s new Riyadh branch is divided into two sections, the first designated for families and the second for individuals. The total floor space of the outlet is 420 sq m, making it the brand’s largest branch in the Middle East.
“The decision to open the new Zaatar w Zeit branch was a natural one to take following our great success in the UAE over the past decade and it forms part of our overall expansion strategy for the wider region,” said Hajj.
“Saudi Arabia is the largest market in this part of the world and we aim to build on our existing achievements. We expect that our outlet’s strategic location and extensive menu offerings will play an important role in establishing the brand as a favourite for the capital’s residents and visitors," he added. – TradeArabia News Service