Americana franchisee in deal to open 100 Pizza Hut branches in Saudi Arabia

Americana franchisee in deal to open 100 Pizza Hut branches in Saudi Arabia
July 5, 2022, 2:45 pm

Pizza Hut is a chain of restaurants, consisting of more than 15 thousand points in more than 100 countries of the world - Photo. Pixabay

Middle East franchisee Americana on Tuesday (July 5) said it had reached a deal with Pizza Hut parent firm Yum Brands to open 100 Pizza Hut branches in Saudi Arabia over the next three years, the Alarabiya English reported, citing Reuters.

Americana, which operates Pizza Hut franchised branches elsewhere in the region, will open up to 30 locations in Saudi Arabia’s largest cities and regions by early 2023, it said.

Americana said that the deal excludes the Saudi city of Jeddah.

Oil-rich Saudi Arabia is the most populous Arab state in the Gulf, with a population of roughly 34 million.

Sources told Reuters in April that Americana Group had hired banks for a potential dual listing in Saudi Arabia and the United Arab Emirates.

Pizza Hut was founded in 1958 by brothers Dan and Frank Carney in Wichita, Kansas - Photo. Pixabay

Founded in Kuwait in 1964, Americana operates 1,800 restaurants across the region, according to its website. It also operates the franchises for KFC, Hardee’s, and Krispy Creme, among others.

Pizza Hut is a chain of restaurants, consisting of more than 15 thousand points in more than 100 countries of the world.

Saudi Arabia unveils priorities in research and innovation

It was founded in 1958 by brothers Dan and Frank Carney in Wichita, Kansas.

It is specialized in the preparation of the American version of pizza, as well as side dishes such as pasta, chicken wings, crispbread, garlic bread.

levantnews-alarabiyaenglish

IMF warns neglecting Africa now will lead to labour shortages globally Scholz spokesperson: German Chancellor discussed energy with UAE president