Home of Canada's favourite coffee. Tim Hortons to open Middle East headquarters in Riyadh The iconic Canadian coffee chain has chosen the Saudi Arabian capital as a base to grow its Middle East business Tim Hortons plans to open 42 stores in Saudi Arabia during 2021 | Photo credit: Tim Hortons The website describes the Tim Hortons regional business as the chain’s leading franchise outside of North America, with 141 stores as of the end of last year across the Middle East. Dubai-based private equity firm Gateway Partners has acquired a 40-per-cent stake in the Gulf franchise of coffee and breakfast chain Tim Hortons, two sources familiar with the matter told Reuters. The Tim Hortons story began with a donut and a dream. Tim Hortons. Non-subscribers can read and sort comments but will not be able to engage with them in any way. The success of Tim Hortons in the Middle East is serving as a model for a global rollout of the coffee-and-doughnuts chain, says its president. A Tim Hortons in Kandahar. Look for our Current Job Vacancies. This translation has been automatically generated and has not been verified for accuracy. Gateway Partners, which is led by former Standard Chartered banker Viswanathan Shankar, paid about $50 million for the holding, the sources, who declined to be named, said. Middle East Business and Financial News. © Copyright 2021 The Globe and Mail Inc. All rights reserved. The website describes the Tim Hortons regional business as the chain’s leading franchise outside of North America, with 141 stores as of the end of last year across the Middle East. Cafes and restaurants have been closed for eating-in across the Gulf after a lockdown to contain the coronavirus outbreak. Tim Hortons, Dubai: See 121 unbiased reviews of Tim Hortons, rated 4 of 5 on Tripadvisor and ranked #992 of 12,158 restaurants in Dubai. Follow topics and authors relevant to your reading interests. Tim Hortons: Timmies Middle East - See 49 traveler reviews, 17 candid photos, and great deals for Dubai, United Arab Emirates, at Tripadvisor. Also available in French and Mandarin. Tim Hortons, Abu Dhabi: See 52 unbiased reviews of Tim Hortons, rated 4 of 5 on Tripadvisor and ranked #399 of 2,896 restaurants in Abu Dhabi. Please log in to listen to this story. Comments that violate our community guidelines will not be posted. Market Intelligence; Content Solutions; About Us; Newsletter; Companies; Advertise with Us; Search. Some stores are within military facilities. Welcome to The Globe and Mail’s comment community. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? Follow The National’s Business section on Twitter, UAE’s Hope probe returns scientific data and hundreds of Mars images, First booster shots of Covid-19 vaccine administered in UAE, What is Starbase? “It’s a competitive market, but there’s still room for good players to grow,” he said. Even as the chain is casting an eye towards global growth, it continues to keep up a brisk schedule of ribbon-cuttings in the Middle East. Find our store locations. In 2011 the iconic Canadian Tim Hortons brand made its way to the Middle East, opening the first location in Dubai. Join Tims™ Rewards and start earning rewards today. OAKVILLE, ON (November 12, 2012) - Tim Hortons today announced it has opened its first restaurant in the Sultanate of Oman, making it the second market in the Gulf Cooperation Council (GCC) to welcome the brand. That means: If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour. Most are in its home base of Canada, plus several hundred in the United States, a few dozen kiosks in Ireland and now 71 stores in the Middle East, including 53 in the UAE. The stores would open “in the next years”, starting in 2016, Elias Diaz Sese, president of Tim Hortons, said by phone on Monday. Tim Hortons - تيم هورتنز Downtown Dubai Menu - View the Menu for Tim Hortons - تيم هورتنز Dubai on Zomato for Delivery, Dine-out or Takeaway, Tim Hortons - تيم هورتنز menu and prices. He summarised the secret of Tim Hortons’ success as: “Fresh products – fresh and great products – at an affordable price with a great service”. We aim to have all comments reviewed in a timely manner. 7 menu pages, ⭐ 19 reviews, 3 photos - Tim Hortons menu in East York. Gateway Partners, which is led by former Standard Chartered banker Viswanathan Shankar, paid about $50 million for the holding, sources said Our coffee is made with 100% Arabica beans, sourced from the world's most renowned growing regions. Tim Hortons franchise in Middle East plans to expand after investment from Dubai-based fund: sources GlobeBusiness. Audio for this article is not available at this time. Name: Tim Hortons, Category: Restaurant, Phone: 248-516-3447, Address: 24205 Orchard Lake Rd Farmington Hills, MI 48336. Tim Hortons has signed a deal with a Dubai-based company to open up to 120 outlets in the Middle East, starting with five this year. Full Disclaimer. “We are accelerating an aggressive expansion of Tim Hortons in the region,” Mr Diaz said. Tim Hortons Inc. is a Canadian multinational fast food ... 807 in the United States, 29 in the Middle East, and 25 in the UK. Avoid the use of toxic and offensive language. Please follow the instructions below to allow notifications to be sent from The National. Click here to subscribe. “What happens if I open in China?”, he asked, and then simulated the sound of an explosion. This is a space where subscribers can engage with each other and Globe staff. Tims had 4,776 outlets worldwide at the end of June. “We are going to take it to Egypt and India and expand in the Gulf,” Ved told Reuters by telephone. Tim Hortons Middle East … The franchise is owned and managed by Dubai-based fashion and lifestyle retail conglomerate Apparel Group. He did not divulge additional details. Gateway Partners made the investment through its Gateway Fund 1 in February, information contained on its website shows. 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Order takeaway and delivery at Tim Hortons, Prince George with Tripadvisor: See unbiased reviews of Tim Hortons, ranked #126 on Tripadvisor among 183 restaurants in Prince George. Tim Hortons - … So how has the rest of the world received the Double Double to date? Apparel’s chairman Nilesh Ved confirmed Gateway’s investment, which he said would be used to grow the business, but declined to discuss the value or size of the deal. Tim Hortons Middle East currently operates 148 stores across the GCC and is leading an aggressive expansion of its footprint across Saudi Arabia, Qatar, the UAE, Bahrain, and Oman in addition to India and Egypt. Friday 12th February 2021 Our services. CALGARY — It was a triumphant return to the 2021 Tim Hortons Brier for Wayne Middaugh.With Glenn Howard ailing, Middaugh led Howard's Wildcard 3 team to a 9-5 win over Gregory Skauge of Northwest Territories in the opening game of the tournament for both rinks Saturday.Middaugh originally joined Howard's rink last month as a fifth but was forced into action after Howard suffered … Queues moved briskly and a worker was offering samples of the chain’s newish dark-roast blend to passing shoppers. Tim Hortons: Timmies Middle East - See 49 traveller reviews, 17 candid photos, and great deals for Dubai, United Arab Emirates, at Tripadvisor. Tim Hortons Opens In Second Middle East Market Oman welcomes its first Tim Hortons Cafe and Bake Shop OAKVILLE, ON (November 12, 2012) - Tim Hortons today announced it has opened its first restaurant in the Sultanate of Oman, making it the second market in the Gulf Cooperation Council (GCC) to welcome the brand. Prior to the coronavirus crisis and rules that restrict movement of people across the Gulf, Ved said Apparel had planned to open another 300 Tim Hortons outlets in the next three years. Please choose how do you want to print this article. He said the chain – under new ownership since the Brazilian investment group 3G Capital took charge in December – would pick up the pace as it works in tandem with its GCC partner, the Dubai-based Apparel Group. Tim Hortons China has completed a new fundraising round from Sequoia Capital China, Tencent Holdings and Eastern Bell Capital, and plans to add more than 200 shops to its network this year, the coffee chain operator said on Friday. Tim Hortons Middle East entered the GCC in 2011 and has since become the leading Tim Hortons franchise outside of North America. A Canadian hockey player named Tim Horton, along with Jim Charade and Ron Joyce created the first Tim Hortons store in 1964. We aim to create a safe and valuable space for discussion and debate. Tim Hortons Middle East … We hope to have this fixed soon. Tim Hortons chief says Middle East success a recipe for international expansion Tims had 4,776 outlets worldwide at the end of June, including 53 in the UAE. Located at 612 East Central St, Prince George, BC, Tim Hortons is the perfect place to go for great-tasting, freshly brewed coffee. As he said this from a seat at the Tim Hortons outlet on the lower ground floor of The Dubai Mall, the shop was indeed crammed with customers. Read our. The brand currently operates 148 stores across the GCC and is leading an aggressive expansion of its footprint across the region. This article was published more than 6 months ago. UPDATED: Read our community guidelines here. What's the hottest sector to invest in right now? If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. Operating in the quick service segment of the restaurant industry, Tim Hortons, Cafe & Bake shop appeals to a broad range of consumer tastes, with a menu that includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches, wraps, hot … If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Thank you for your patience. – Pocketful of Dirhams. It will take some time, but eventually people will want to go out for that coffee and go to the mall,” he said.
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