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American Restaurants to continue TGI Fridays operations in MENA
It is 'unaffected' by TGI Fridays' filing of bankruptcy in the US.
Americana Restaurants International PLC (Americana Restaurants) has reassured its customers, stakeholders, and shareholders that their TGI Fridays business will continue its operations in the Middle East and North Africa amidst the TGI Fridays, Inc.'s filing of bankruptcy in the US.
The company, which operates under the franchise agreement with TGI Fridays Franchisor, LLC, is separate from TGI Fridays Inc.
TGI Fridays Franchisor, LLC, has partnered with 56 franchisees in 41 countries. As these locations are independently owned, they are not affected by TGI Fridays Inc.’s Chapter 11 filing.
Americana Restaurants is the exclusive franchise partner for TGI Fridays in six markets: Kuwait, UAE, Bahrain, Qatar, Saudi Arabia, and Egypt.
