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To Thamer AlHathal, BurgerFi is a ârevolutionary restaurant,â which is why the longtime oil and gas industry executive decided to create a restaurant group solely to bring the fast-casual burger chain to Saudi Arabia. AlHathal, an engineer who spent 10 years with Dhahran-based Saudi Aramaco in the countryâs Eastern Province and also developed several ventures in construction and manufacturing, said BurgerFi is part of his diversification strategy and as CEO of Food Supplies Co. he thinks the concept is the right fit to expand in the Saudi market. AlHathal, along with Director of Operations Waleed Naif AlHathal, plan to open six restaurants in the Eastern Province, starting with Khobar City and a location at commercial property Burj Alfardan. ....
Share: PALM BEACH, Fla., Jan. 11, 2021 (GLOBE NEWSWIRE) BurgerFi International Inc. (NASDAQ:BFI, BFIIW)), one of the fastest growing better burger chains, will continue to expand its presence in the Middle East in 2021. The restaurant company has signed a multi-unit development agreement with Food Supplies Co. LLC to open six restaurants in the Eastern Province of the Kingdom of Saudi Arabia. The agreement marks the second country BurgerFi is developing in the Middle East. The brand currently has two other locations in Kuwait City, Kuwait. While our main focus is to grow from our dominant position as the market leader in Florida in the ‘Better Burger category and expand domestically to other states in the Southeast, Mid-Atlantic and Northeast regions – we anticipate we ll also pursue strategic opportunities both in other parts of the U.S. and countries beyond our borders, says Julio Ramirez, CEO of BurgerFi. We currently operate in the Middle East and believe t ....
BurgerFi will continue to expand its presence in the Middle East in 2021. The restaurant company has signed a multi-unit development agreement with Food Supplies Co. ....