Tim Hortons inks deal for 120 restaurants in Gulf

Tim Hortons is taking its coffee, donuts and sandwiches to the Gulf, announcing Saturday it will open up to 120 restaurants in a license agreement with Dubai-based Apparel Group.
The restaurants will open in the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar over the next five years, with the Apparel Group
selecting locations.

The Canadian chain has a handful of successful restaurants in the region, prompting the decision to expand, it said. Apparel Group brands include Tommy Hilfiger, Kenneth Cole, Aldo, Aeropostale, Ninewest, and Cold Stone Creamery.

Tim Hortons, traded on the Toronto Stock Exchange and the New York Stock Exchange, has more than 3,000 restaurants in Canada and 567 in the United States.

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REAL ESTATE SNATCH is the independent real estate blog of Samir Safadi, Sales Representative of West-100 Metro View Realty Ltd, brokerage it is dedicated to covering Real Estate News, digital culture, social media and technology, providing analysis of trends, Market Data , reviewing new development. Offering Real Estate services resources and guides. Services are provided to prospective buyers and sellers of real estate by Samir Safadi, Sales Representative, West-100 Metro View Realty Ltd, brokerage, duly registered in the province of Ontario, under Real Estate and Business Brokers Act, 2002 (REBBA 2002) and Member in good standing with

 

 

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