The Golden Fork booth at International Franchise Exhibition in Abu Dhabi.
PHOTO BY SUPPLIED
DUBAI – The UAE’s largest seafood restaurant chain, Golden Fork, revealed franchise plans as part of its expansion goals in the Middle East.
The restaurant chain is targeting to open 100 outlets by 2022, executives revealed at the recent International Franchise Exhibition (IFE) in Abu Dhabi National Exhibition Centre.
According to Golden Fork, investors from seven countries have shown interest in signing a master franchise in Oman, Jordan, Morocco and Egypt.
“People are receptive to the Golden Fork business model, which has thrived in the UAE in the last 45 years, and we are happy to be opening our franchise division to more partners,” said Shanavas Mohammed, Golden Fork’s managing director.
Representatives from national franchise association of over 42 countries, and more than 100 exhibitors were in Abu Dhabi recently for the IFE.
According to the most recent World Franchise Council Survey on the Economic Impact of Franchising Worldwide, it is estimated that approximately 2.6 million franchised businesses sustain over 29 million jobs around the world. On an average, the franchise sector contributes 2.7 percent to national GDPs. PR
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