Qatari Holdings Explores Construction Opportunities In Azerbaijan
Date
7/25/2024 10:09:28 AM
(MENAFN- AzerNews)
Nazrin Abdul
Read more
Hani Al Sayyadi, Executive Director of Al Baladi Holdings,
expressed the company's interest in Azerbaijan's construction and
food and beverage sectors during his visit to Baku,
Azernews reports.
"We are keen to invest in Azerbaijan's food and beverage sector
initially, with a strong interest in construction as well. Al
Baladi Holdings is set to collaborate with Green Capital Management
not only in Azerbaijan but also across Europe and the Middle East,"
he stated.
Highlighting a new strategic partnership, a $5 million
investment agreement was signed today in Baku between Green Capital
Management, an Azerbaijani-backed UAE firm, and Al Baladi Holdings.
This initiative aims to establish new job-creating networks in
Baku.
This agreement signifies the start of a promising partnership
between Green Capital Management and Al Baladi Holdings, renowned
for its leadership in food, retail, and hospitality. Together, they
plan an extensive expansion of the Go Crispy and Tea Time
franchises across 27 countries, anticipating the opening of
multiple new branches.
Founded in Qatar in 1989, Al Baladi Holdings, part of the Souq
Al Baladi Group, operates across diverse sectors including food and
beverage, retail, e-commerce, and hospitality.
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