Featured AlShaya halts sale of Starbucks stake Aya Anwar Sep 19, 2024 0 Kuwait's AlShaya Group has halted the sale of a stake in its Middle East, North Africa, and Central Asia Starbucks…
Money Apollo targets stake in AlShaya’s Starbucks Aya El Sayed Feb 8, 2024 0 Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
Featured Alshaya Group reduces operations in Egyptian market Sama Mousa Jan 18, 2024 0 Kuwait’s Alshaya Group will reduce its operations in Egypt amid the ongoing economic situation, the group said in…
International News Starbucks loses $11 in value due boycotts Nada Ali Dec 10, 2023 0 The U.S. coffee chain giant Starbucks has lost approximately $11 billion in value, or 9.4 percent of its total…
Featured Western brands struggling in some Arab countries amid boycotts Aya Anwar Nov 23, 2023 0 Branches of Western fast food chains in Cairo, Egypt are seen deserted due to a large boycott campaign over…
Featured Starbucks, McDonald’s, Disney stocks still down amid boycotts Sama Mousa Oct 30, 2023 0 Starbucks, McDonalds, and Walt Disney Co. stocks are still down after boycotts that have been lasting for more than…
Tech/AI Starbucks, Disney, McDonald’s stocks drop amid boycotts Sama Mousa Oct 23, 2023 0 Starbucks, Walt Disney Co., and McDonald's stocks dropped for three days in a row due the ongoing boycotts in the…
Industry & Trade Chipotle completes first franchise deal in Middle East Yassmine Elbehnaihy Jul 19, 2023 0 Chipotle Mexican Grill will open burritos and tacos restaurants next year in Dubai and Kuwait through its first…
International News Starbucks certifies 3500 Greener stores globally Sama Mousa Apr 19, 2023 0 The coffee giant Starbucks has currently 3,508 stores under its Greener Store framework and is expanding more, as…
International News Starbucks new CEO steps in two weeks early Yassmine Elbehnaihy Mar 22, 2023 0 New Starbucks CEO, Laxman Narasimhan, has stepped in two weeks earlier than planned and joined the board on Monday,…