Shakey's Pizza

Shakey’s Pizza coming to UAE

The country’s leading pizza parlor chain Shakey’s Pizza Asia Ventures Inc. (SPAVI) is set to debut in the United Arab Emirates next year after signing a deal with a Dubai-based group to develop restaurants in this new offshore market.SPAVI signed through its subsidiary Shakey’s Pizza Regional Foods Ltd. an area development agreement with Aljeel Capital LLC, a Dubai-based group, to build at least 10 Shakey’s Pizza outlets in the UAE over a span of five years.The first store, to be located in Dubai, is scheduled for opening in the first half of 2018.Read more: http://business.inquirer.net/233081/shakeys-pizza-coming-uae#ixzz5OLRBfVBg Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook This is the second international franchise for Po family-led SPAVI, which owns the perpetual rights to the Shakey’s brand for the Middle East and Asia (excluding Japan and Malaysia), China, Australia, and Oceania. This also translates to a total international pipeline of at least 20 outlets over the next few years. Last yearend, SPAVI signed an agreement to open at least 10 Shakey’s stores in Kuwait. “Dubai, UAE, and the rest of the Middle East are great markets for us. Not only are there strong and welcoming Filipino communities which love the Shakey’s brand and are excited about experiencing it away from home, but there are also tremendous growth opportunities within the mainstream markets there,” SPAVI president Vic Gregorio said in a disclosure to the Philippine Stock Exchange on Thursday. Firas Hurieh, chief executive officer of Aljeel Capital said: “We are excited about this partnership and more thrilled to bring a solid brand such as Shakey’s to the UAE as there is a huge opportunity to target a wide customer base and grow the brand in the next few years.” In 1975, Shakey’s first opened a restaurant in the Philippines where it currently maintains market leadership in both the full service and pizza chain categories. As of end-March 2017, the group had a total of 189 stores locally. The store in Kuwait will be SPAVI’s first outlet outside of the Philippines and is on track to open in the third quarter of 2017. Gregorio added: “We are excited to bring Shakey’s and its ‘Fun, Family, Pizza’ positioning to other countries in our part of the globe. We are confident in the success of our new markets and look forward to more partnerships as we continue to build a bigger and better Shakey’s.” Read more: http://business.inquirer.net/233081/shakeys-pizza-coming-uae#ixzz5OLRFn6Sy Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

14 Aug 2018

US pizza brand set for UAE launch, to target Filipino expats

AlJeel Capital has announced plans to launch Shakey’s in the UAE, an American pizza retailer adopted in the Philippines, following a joint venture deal. The agreement signed with Shakey’s Pizza Asia Ventures Inc will see the retailer target the large Filipino population in the UAE. There is roughly 700,000 Filipinos living in the UAE and over 450,000 living in Dubai. AlJeel Capital’s CEO, Firas Hurieh, said: "We want to bring them a taste of their childhood closer to them. Shakey’s is a wildly popular American fast-food chain in The Philippines, it will officially open for business in Dubai by the end of 2017." He added: "The loyalty of the Filipino community to its food brands has seen other concepts tap in to the taste and grow rapidly." Shakey’s Pizza Parlor began in 1954, when Sherwood “Shakey” Johnson opened the first Shakey’s Pizza Parlor in a remodeled grocery store on 57th and J Street in Sacramento, California. In 1975, the giant food chain opened its first Shakey’s store in the Philippines, and has since expanded to 200 stores as of the end of March 2017 and become a national staple. Aljeel Capital is a private investment house based in Dubai which focuses on consumer driven sectors across the MENA region with a focus on the GCC market.

United Arab Emirates · 25 Jul 2017