Ruby Tuesday Announces Expansion in United Arab Emirates
MARYVILLE, Tenn.--(BUSINESS WIRE)--March 26, 2008--Ruby Tuesday, Inc., a leading causal dining restaurant company, announced that Bin Hendi Hospitality, LLC, its franchisee in Dubai, will expand restaurant growth to six of the seven United Arab Emirates. Bin Hendi plans to develop seven Ruby Tuesday restaurants in Dubai and five in the UAE.
Mohi Din Binhendi, founder and president of Bin Hendi Enterprises, LLC, said, "This expansion of Ruby Tuesday in the UAE is a significant step toward our goal to provide high-quality hospitality and restaurant experiences. We will introduce Ruby Tuesday to the UAE when our first two restaurants open in Dubai City this spring."
Mark Ingram, President of Franchise Development for Ruby Tuesday, said, "We are very pleased with Bin Hendi's commitment to expand our Ruby Tuesday brand in the UAE. Bin Hendi is a prominent and respected company that represents many high-quality brands. We are confident that they and our development and operating partner in the Middle East, National Arabic Company for Restaurant Management (NAC), will be successful."
NAC currently operates three Ruby Tuesdays in Kuwait and will open its fourth restaurant in Cairo. Construction of its fifth restaurant, to be located on Gulf Road in Kuwait City, is scheduled to begin soon. NAC is also developing a restaurant training center in Kuwait, named The Center for Leadership Excellence, to support the anticipated growth of Ruby Tuesday in the Middle East."
Ruby Tuesday restaurants currently operate in Saudi Arabia and Kuwait. In addition to the UAE development, new restaurants are expected to open in Cairo, Kuwait, and Bahrain in 2008. Ruby Tuesday has been expanding its franchise presence around the world during the past several years and continues to aggressively seek international franchising opportunities.
About Ruby Tuesday
Ruby Tuesday was founded in 1972, when current Chairman and CEO Sandy Beall opened the first restaurant near the University of Tennessee. The company has grown to over 900 company-owned and franchise Ruby Tuesday brand restaurants in 45 states, the District of Columbia, Puerto Rico, Guam, and 11 foreign countries. Ruby Tuesday, Inc. is traded on the New York Stock Exchange (NYSE: RT).
For more information regarding franchise opportunities, visit www.rubytuesday.com or call (865) 379-5739.
CONTACT: Ruby Tuesday
Sandi Stablein, 865-379-7024
SOURCE: Ruby Tuesday