The attractive business environment has convinced many major international brands to set up companies or franchises in the Middle East. In fact, industry estimates put the value of the Middle Eastern franchise market at 14 billion US Dollars in 2004 with a 27% growth rate, the highest regional growth rate in the world. In order to further develop the size and scope of our investment in this lucrative market sector, Abu Dhabi Holding has recently established a subsidiary franchising company. This company has been provided with threefold mandate: to bring established regional and international brands or franchises to the UAE and the MENA region, to help local lobrands expand into the global marketplace, and to provide financial support, consultancy services and management expertise to the previously mentioned companies. Currently in negotiations to bring several major international brands to the MENA region, the company will undoubtedly help ADH solidify our reputation as a market leader in the retail sector.
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