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The Azadea Group of Beirut, Lebanon has an exclusive license since 2001 to operate Virgin Megastores in many countries within the Middle East, except for countries which already have a franchise. [53] Operating as Virgin Megastores Middle East, Azadea has stores in UAE, Qatar, Bahrain, Egypt, Kuwait, and Jordan.
Dubai Holding Group. Established in 2000, Dubai Holding Group is an Emirati multinational retail organization in the Middle East, representing fashion franchises. [ 1] The Group represents prominent brands such as Zara, Zara Home, Stradivarius (Inditex), women’secret, Gerard Darel, Flamant (company), Promod, Harrys of London, Sfera & Delvaux ...
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [ 1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Azadea Group KFC opened in Algeria on April 14, 2024, but it was closed by local authorities two days later, because of Algerian protesting against KFC and supporting Palestine.It’s still open, but without a sign and name ‘KFC’.
Founded by Michel Leclercq in 1976, Decathlon started with a store in Lille, France. [9] Its holding company was formerly known as Oxylane. [10]The company expanded abroad a decade later: to Germany in 1986, [11] Spain in 1992, [11] [12] Italy in 1993, [11] [citation needed] Belgium in 1997, [13] Portugal, the United Kingdom in 1999, Brazil in 2001, mainland China in 2003, India and Romania in ...
The UAE has a number of free zones across Dubai, [ 1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [ 2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
It has partnered with JW Marriot to develop hotels in both Doha and Bahrain, and has joint ventures with Azadea Group, Remza-BTC, Rash Fashion, Jawad, and Cineco on its retail projects. [5] BTC has established itself as a successful player in Qatar and the Gulf States with a reputation as a multi-million riyal holding and investment company. [6]
The group would also open branches of Argos within Asda stores. The merger underwent intense scrutiny by a cross-party group of MPs, chairing select committees for the proposed merger, along with the Competition and Markets Authority, investigating the impact of how the deal could negatively affect the retail industry by a possible reduction of ...