Fajr Capital plans to buy stake in GCC food companyPrivate equity house Fajr Capital is in talks to buy a majority stake in Gulf food and beverage franchising group Cravia, sources aware of the matter said on Tuesday. Fajr Capital is conducting due diligence on Cravia, which owns More… |
Top restaurant brand opens new staff housingCravia, owners of some of the best known restaurant brands in the region including Cinnabon, Seattle’s Best Coffee, Zaatar W Zeit and Roadster diner, has opened a new staff accommodation building, Cravia Tower. The building provides accomm More… |
Cravia reports robust salesCravia, the parent company of Cinnabon, Seattle’s Best Coffee, Zaatar w Zeit and Roadster diner, has reported major sales increases & profit achievements during 2008, at its special 2009 kick-off event. CEO Walid Hajj, said that as a r More… |
Cravia appoints new deputy CEOCravia, a name that is fast becoming synonymous with good taste and world class hospitality in the region said it has appointed Louay Ghandour as its new deputy CEO. The company, parent of 30 stores across the UAE including Cinnabon, Seatt More… |
Cravia to boost ME presenceUnited Restaurant Development (URD), a subsidiary of Saudi-based family-owned company United Group, has been rebranded as Cravia, and is set to boost its presence in the Middle East with the opening of 19 stores across the region. More… |