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10/5/2017

SİMİT SARAYI OPENED THIRTY-FOURTH STORE IN SAUDI ARABIA

Simit Sarayı, the growing world brand, began to entertain its guests in the thirty-fourth store it opened in Saudi Arabia upon receiving a great deal of attention. Simit Sarayı, making investment at home and abroad without slowing down, continues to offer its tastes to the world. As from the first day it was opened at one of the most popular streets of the capital city Riad, the Olaya Street, Simit Sarayı has attracted great attention. The store got full point from taste enthusiasts with the chocolates, Turkish delights and souvenirs it sells besides Simit Sarayı specialities. The store, enchanting with its design by Simit Sarayı Architecture team not only offers taste but also pleasure with its 569 square meters of spacious atmosphere. Simit Sarayı is planning to rapidly grow in Saudi Arabia, Middle East and North Africa. In July, the company has announced that Fawaz Alhokair Group has purchased 10% of Simit Sarayı shares and signed a strategic partnership agreement. In 2014, Simit Sarayı has signed a master franchise agreement with Fawaz Alhokair Group, which is one of the biggest and most successful enterprises of the region. Pursuant to the agreement, Fawaz Alhokair Group is planning to open more than 250 stores within the next 4 years achieving more than 300 Simit Sarayı stores in total.