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Kuwaiti Americana seeking to expand in northern and central Iraq and in the current market
Tue, 14 Apr two thousand and fifteen
Baghdad-day news / Marzouk Al-Kharafi Chairman of Kuwait Americana Management said Tuesday that the company is seeking to expand in northern and central Iraq and in the current markets during the coming period. Al-Kharafi said in remarks to reporters after the AGM, "look no opportunity existed .. but our priorities. Now northern Iraq and central Iraq, will also begin to expand it." He said that the Americana sales reached $ 3.2 billion in 2014, "and we seek to increase in 2015." He explained that the Americana debt fell by 15 million to 67.4 million during 2014. He denied Kharafi company affected by tensions in the region due to the lack of ownership of any restaurants in Yemen or Libya, although exports to these two countries. He added that the company's activities in Syria, "was frozen" since the period that the situation is clear there explaining that Americana was not originally very active in Syria. And manages Americana backed Kuwait's Kharafi family privileges to chains including KFC and Pizza Hut.The market value of the company 1.13 billion dinars (3.83 billion dollars).
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Tue, 14 Apr two thousand and fifteen
Baghdad-day news / Marzouk Al-Kharafi Chairman of Kuwait Americana Management said Tuesday that the company is seeking to expand in northern and central Iraq and in the current markets during the coming period. Al-Kharafi said in remarks to reporters after the AGM, "look no opportunity existed .. but our priorities. Now northern Iraq and central Iraq, will also begin to expand it." He said that the Americana sales reached $ 3.2 billion in 2014, "and we seek to increase in 2015." He explained that the Americana debt fell by 15 million to 67.4 million during 2014. He denied Kharafi company affected by tensions in the region due to the lack of ownership of any restaurants in Yemen or Libya, although exports to these two countries. He added that the company's activities in Syria, "was frozen" since the period that the situation is clear there explaining that Americana was not originally very active in Syria. And manages Americana backed Kuwait's Kharafi family privileges to chains including KFC and Pizza Hut.The market value of the company 1.13 billion dinars (3.83 billion dollars).
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