Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Burgerfuel Opens in Egypt

Burgerfuel Opens in Egypt

BurgerFuel Worldwide has opened their first store in Egypt over the weekend, a huge milestone for the brand that now has stores in four markets in the rapidly developing region of Middle East North Africa (MENA).

The restaurant is located in one of Cairo’s most affluent suburbs, Maadi. Cairo is the largest metropolitan area in the MENA region, and the 10th largest urban area in the world. It is BurgerFuel’s first store in North Africa, and joins 20 other BurgerFuel outlets in the MENA region, located in Saudi Arabia, Dubai, Abu Dhabi and Iraq.

BurgerFuel has opened the restaurant with key local partner Wadi Degla, a large and well known Egyptian company with interests across telecommunications, property development and food and beverage operations. The company also operates Egypt’s largest private health, sports and leisure compounds, with each of the clubs hosting eight to nine separate food outlets to service the 30,000 strong members only community.

Wadi Degla also has close ties to the football world with ownership of Egyptian and Belgian premier league teams, both linked to the English club Arsenal’s development programme.

Ahmed Amin, CEO of Wadi Degla, comments: “We’re thrilled to have opened the first BurgerFuel restaurant in Egypt. We’re certain that the combination of the resources of BurgerFuel Worldwide and Wadi Degla will result in a significant business in a market with a population of more than 80 million people”.

BurgerFuel’s Chris Mason comments: “We are incredibly pleased to be in partnership with a company of such great scale. Wadi Degla have fast development potential along with the requisite passion for the BurgerFuel brand. Cairo is an exciting, dynamic city with around 8 million people and it’s great to open here”.

Mason continues: “We see this store opening as another key strategic milestone for BurgerFuel and a great opportunity to showcase the brand in the rapidly developing region of North Africa which has close connections and proximity to Europe”.

BurgerFuel Worldwide (BFW) is a New Zealand gourmet burger concept and is listed on the New Zealand Stock Exchange (NZAX).

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news