• HSBC

AlWaseet announce first franchise operation

  • United Arab Emirates: Wednesday, December 13 - 2006 at 16:43
  • PRESS RELEASE

AlWaseet International (AWI) took a significant step forward this week when they signed their initial franchise agreement with The Middle Advertisement Limited, Nigeria, during the Ifra 2nd Newspaper Publishing Conference in Abu Dhabi.

With coverage that currently extends to nine countries the alWaseet classified which has both Arabic and English versions, is already read by 20 million every week.

According to Bashar Kiwan, CEO of Alwaseet International, "Continued corporate expansion is high on our priority list as we drive the business forward. It is our aim to have 100 operations by the year 2012 in the MENA area and beyond, and it is partly through franchising that we will achieve this. The Ifra conference is the perfect platform for us to launch this initiative as we are able to reach many of the key players in the industry."

The Franchise Department of AWI has developed its model for the international market with the expert help of the Franchise Development Service (FDS), who have been recognised since 1981 as world leader in providing a total range of services to the franchise market.

"Alwaseet have long been pioneers in the advertising publications sector and in keeping with their pioneering spirit they are the first in the region to Franchise." says Tracey Furrey, Managing Director of Franchise Development Services. "The attributes of the alWaseet organisation make for an excellent Franchise proposition and we look forward to seeing the brand grow well beyond the regional borders."

With alWaseet's highly recognizable brand, sophisticated circulation and demand in the international marketplace, franchising has become a crucial step in the company's expansion plans. And with AWI's experience and success in international expansion, the company is well equipped to establish a lucrative business model that can be emulated and successfully operated, anywhere in the world.
Bashar Kiwan, CEO of Alwaseet International at the signing 
Bashar Kiwan, CEO of Alwaseet International at the signing
Article Options
Log in to request more information from AlWaseet International

Notes and Media Contacts »

AlWaseet

AlWaseet is a free weekly advertising publication with 24 operations in 21 cities, 9 countries, over 4,600 employees, distributing 4.570 million copies and read by 20 million people every week. Alwaseet began its first operations in Kuwait in 1992 when the 3 main partners, Bashar Kiwan, Mohammed Abdulaziz Al-Otaibi, and Sheikh Sabah Jaber Al-Sabah joined hands to publish the first alWaseet free weekly classified. With a track record of rapid growth Alwaseet is now the leader in every market where it is present.

For more information please contact:
Jane Daly
Account Manager
GolinHarris
7th Floor
Sheikh Zayed Road
P.O.Box 116462 Dubai, UAE
t: +971.4.332 3308 ext: 204
f: +971.4.331 6733

Noura Kiwan
Alwaseet Intl
8th Floor, Al Thuraya Tower 1 Capricorn Tower, PO Box 42747, Dubai, UAE
Tel: +971 4 3600911
Fax: + 971 4 3688184

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions