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News — Saudi Arabia — Starbucks — Alshaya Group

Saudi Arabia PIF reportedly moves closer to stake in Starbucks franchise

Saudi Arabia's Public Investment Fund is reportedly the favourite to buy a minority stake in the Middle East, North Africa and central Asia Starbucks franchise, currently operated by Alshaya Group

1 min read
Acquiring the business would present the PIF with instant access to 1,700 outlets in the region | Photo credit: Omar Lopez

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