Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE -ChicKing eyes 1,000 outlets by 2020  Join our daily free Newsletter

MENAFN - Khaleej Times - 18/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Mansoor A.K., managing director of Al Bayan Group, the holding company of Nas International (the organisation behind ChicKing), said the brand would soon make its debut in Malaysia as part of an aggressive global expansion drive.

Nas International and Dual Superfood, the master franchise in Malaysia, signed a memorandum of understanding on Tuesday. Hasan bin Malek, Malaysian Minister for the Ministry of Domestic Trade, Co-operatives and Consumerism, was present at the signing ceremony. Mansoor, who is also the founder of ChicKing, said the event marked a major milestone in the history of the brand.

Mansoor said the partnership was in the making for quite some time and now it was ready to take off.

"This relationship will provide us with a platform to take ChicKing to the next level of growth and enable us to kick off our aggressive global franchise campaign."

He said ChicKing shared a common vision with Malaysia and Dubai. Today marks the first step in our Endeavour to take ChicKing to over 20 countries in five continents and open more than 1,000 outlets by 2020."

ChicKing, which was established in 2000 in Dubai, has made its presence felt in India and Oman as well, and currently operates about 100 outlets in seven markets.

Fariq Halim, CEO of Nas International said that the appointment of the Malaysian master franchisee could not have come at a more critical time in ChicKing's development.

"We believe that Dual Superfoods, together with the support of PNS and the Malaysian ministry, will be able to outperform expectations and develop ChicKing into a leading quick-service restaurant not only in Malaysia but also across the South East Asia region," said Halim.

"With this strategic partnership, we also take a monumental step forward in ChicKing's global expansion plan and goal to become the leading and largest global Halal quick-service restaurant in the world by the year 2020," he said.

Minister Hasan pointed out that in a relatively short time, ChicKing has become a well-known brand with nearly 100 outlets in Asia and Africa.

"I believe that Chicking has set for itself a goal to have more than 1,000 outlets by 2020 to become the world's biggest Halal quick service restaurant. This is not beyond the reach of the Chicking team given the fact that Mansoor is leading from the front."

The minister said Malaysia's target is to become a developed nation by the year 2020. "This provides ample scope for ChicKing to realise this dream. This is considering the undisputed facts that Malaysia is a strong consumer market with a franchise-friendly government policy as well as a safe and secure business environment. I also take great pride in stating that Malaysia is also the leader in halal industry, with numerous facilities.

This would be a strong advantage for ChicKing in its drive to become the largest Halal quick-service restaurant in the world," said Hasan.

 






  MENA News Headlines
 Aug 29 2014 - Mercedes disciplines Rosberg after crashArab News
(MENAFN - Arab News) BRACKLEY England: Formula One team Mercedes has disciplined Nico Rosberg for crashing into teammate Lewis Hamilton during last weekend's Belgian Grand Prix warning the German ...

 Aug 29 2014 - Papua New Guinea volcano erupts locals evacuateArab News
(MENAFN - Arab News) CANBERRA Australia: A volcanic eruption on Papua New Guinea has led to nearby communities being evacuated and some international flights being diverted.The Australian government ...

 Aug 29 2014 - Mother son reunite after 36 yearsArab News
(MENAFN - Arab News) A Yemeni woman 60 was reunited with her son after 36 years said sabq.org electronic newspaper quoting her brother.The son was only three years old when the woman got divorced ...

 Aug 29 2014 - Nurse-doctor ratio higher in govt hospitals: ReportArab News
(MENAFN - Arab News) The ratio of nurses for physicians in the government-run hospitals is double compared to the rate prevailing in private sector hospitals that means two nurses for one physician ...

 Aug 29 2014 - Three months on Umrah pilgrim still missingArab News
(MENAFN - Arab News) An Indian pilgrim from the state of Kerala who came to the Kingdom for Umrah three months ago went missing after wandering outside of his hotel room.Relatives are still looking ...

 Aug 29 2014 - Three jailed for graftArab News
(MENAFN - Arab News) The Eastern Province Municipality official who was accused of amassing SR6.3 million in bribes has been sentenced to 10 years in prison and fined SR1 million.The official had ...

 Aug 29 2014 - Jeddah Riyadh lead in marriage denial casesArab News
(MENAFN - Arab News) Saudi women have filed some 622 "adhl" cases from the beginning of 2013 to date Justice Ministry sources said. "Adhl" is where a woman is denied the right to marry by her ...

 Aug 29 2014 - Young couples revive furniture shop salesArab News
(MENAFN - Arab News) Furniture shops in Jeddah witnessed a rise in young shoppers who are planning to get married during the summer season. According to shop owners sales increased by 90 percent due ...

 Aug 29 2014 - Scientists discover mild cases of MERSArab News
(MENAFN - Arab News) CHICAGO: Fewer than half of Saudi Arabian patients in a study passed the Middle East Respiratory Syndrome virus to household members and many of those who developed secondary ...

 Aug 29 2014 - Massive hair lump removed from patient's stomachArab News
(MENAFN - Arab News) A medical team in Asir successfully removed a massive two-kilogram hair lump from the stomach of a 20-year-old patient.The team headed by Dr. Antoine Nosta operated at Muhayil ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help