The First Investor acquires 49 percent in Shater Abbas| MENAFN.COM

Tuesday, 28 June 2022 09:13 GMT

The First Investor acquires 49 percent in Shater Abbas

(MENAFN) The investment banking arm of Barwa Bank Group, The First Investor, has acquired a 49 percent stake in Shater Abbas Restaurants International Group, a leading restaurant chain in Qatar.

Established in Qatar in 1998, the Shater Abbas Restaurants concept features a variety of Persian and Gulf contemporary cuisine. The company has nine branches and a staff of more than 270 employees.

"Our investment in Shater Abbas is in line with our strategy of investing in middle market companies operating in the food and beverage sector with strong fundamentals," CEO of The First Investor said.

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