SAUDI ARABIA – TLA advises on Zaatar w Zeit Saudi expansion

 

TRIBONIAN Law Advisors (TLA) represented Cravia Holding, the UAE-based parent company of Cinnabon, Seattle’s Best Coffee and Zaatar w Zeit franchises, in its joint venture with Saudi Arabia’s Rawawet al Oukhouwa company, to expand the Zaatar w Zeit franchise into Saudi Arabia.
The strategic partnership kicks off with the opening of the largest Zaatar w Zeit outlet in September in Riyadh.
 
Cravia Holding CEO, Walid Hajj said, “Building on the enormous success we have enjoyed in the UAE in the last decade, we are now ready to take our brands further. Our entry into Saudi Arabia represents immense growth potential, which we hope to achieve through our partnership with one of the most respected companies.”
 
The TLA team was led by managing partner, Rindala Beydoun, assisted by associates Lina Charbel, Roula Khaled and Jihad Harfouche.

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