Herfy ( ar, هرفي) is a Saudi Arabian
multinational fast food
Fast food is a type of mass-produced food designed for commercial resale, with a strong priority placed on speed of service. It is a commercial term, limited to food sold in a restaurant or store with frozen, preheated or precooked ingredien ...
restaurant chain in
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
and one of the largest in the Middle East, surpassing international chains in terms of presence. It has a total of more than 380 restaurants and 5,000 employees throughout Saudi Arabia.
The company has many subsidiaries including Herfy Bakery.
History
Herfy was founded by Ahmed Al-Said in 1981.
In 1994, Panda United was acquired by
Prince Waleed bin Talal's
Kingdom Holding Company
The Kingdom Holding Company (KHC) ( ar, شركة المملكة القابضة) is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadawul (Saudi stock exchange). The KHC consists of a select ...
. Consequently, Panda's 70% stake in Herfy was transferred to Kingdom, bolstered by the new large budget provided by Kingdom.
In 1998,
AlAzizia Panda United (Panda's new name) was acquired by
The Savola Group, headed by Adel Al-Fakeh, and Herfy became part of the group. Herfy's growth again grew as the number of Herfy chains doubled.
Future and international projects
Herfy recently opened its first overseas branch in
Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an ...
in cooperation with local partner Al Meer Trading. Franchise agreements in the
U.A.E.
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
and
Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort ...
have been concluded and more franchise requests have been received.
Herfy opened its first branch outside the Middle East in
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
on December 22, 2017, where they are supposed to open 30 outlets within "a few years".
The first branch opened in
Gulshan and four more branches later opened in
Banani,
Uttara Uttara, which means "north" in Sanskrit and many other South Asian languages, may refer to:
Places
* Uttara Export Processing Zone, Bangladesh
* Uttara, a suburb north of Dhaka, Bangladesh
*Uttara East Thana
*Uttara West Thana
*Uttaradit, a city i ...
,
Mirpur,
Dhanmondi
Dhanmondi ( bn, ধানমন্ডি) is a residential area in Dhaka, Bangladesh, known for its central location, cultural vibrancy and being home to the country's founder, Sheikh Mujibur Rahman. The origins of Dhanmondi can be traced back to t ...
and
Bashundhara,
Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...
.
Herfy is now going to be opened in Nigeria, 50 Branches in the period of next 10 Years.
To cope with the added overseas branches, Herfy is planning to open its own
SR13 million meat and chicken processing plant in a similar way to Herfy Bakery.
References
External links
* {{Official website, http://www.herfy.com/
Herfy online delivery
Fast-food chains of Saudi Arabia
Saudi Arabian brands
Companies based in Riyadh
Restaurants established in 1981
Multinational companies headquartered in Saudi Arabia