Sept. 26--GULF FILM TO OPEN NEW IMAX THEATRE AT PEARL QATAR IN Q1 2014: Dubai-based Gulf Film has announced a second Imax theatre is set to be opened in Qatar at the Pearl Qatar community development in the first quarter of 2014, Gulf Times has reported. The new theatre in Doha will be one of the three theatres to be opened in the GCC, as part of a revenue sharing arrangement between Gulf Film and Imax Corp. Under the terms of the agreement, the other theatres will be located in existing complexes in Dubai and Bahrain.
EGYPT MAY FIX PRICES OF FRUITS AND VEGETABLES: The Egyptian government is considering setting official prices for fruit and vegetables, in response to complaints the state's ministry of supply has been receiving about price hikes, Ahram has reported. Supply minister, Mohamed Abu-Shadi has given grocers nationwide one week to reduce prices, or the ministry will set prices and allot them a profit margin of 25 percent. "The profit margins of the fruits and vegetable retailers currently exceed 250 percent, which isn't fair and doesn't work even for mid-income Egyptians," said ministry spokesman, Mahmoud Diab. Grocers are not complying with the market's disciplinary rules, he said.
WRAPS ARABIA OPENS FIRST 'ZAATAR W ZEIT' OUTLET IN SAUDI ARABIA: Wraps Arabia, a joint venture between UAE-based Cravia Holding and Health Food Co, an affiliate of Saudi conglomerate Al Rajhi Group, has announced the opening of the first branch of Zaatar w Zeit in the kingdom, Saudi Gazette has reported. Located on Riyadh's Prince Mohammed Bin Abdulaziz Street, the urban Lebanese baked wrap outlet is the brand's largest branch in the Middle East. "After a long and rewarding experience with Zaatar w Zeit in the UAE through our parent company, Cravia UAE, it was time to take the brand's renowned name to Saudi Arabia," said CEO of Wraps Arabia, Walid Hajj.
APPLEBEE'S REVEALS EXPANSION PLAN FOR QATAR: US-based restaurant chain Applebee's has unveiled plans to open more than five new restaurants in different parts of Qatar, as part of its expansion plan in the country, the Peninsula has reported. "Currently we have six restaurants in Qatar, and all of them have witnessed good growth since their openings," said Ganesh Sharma, general manager of Foodvest, part of Al Jassim Group, which owns all the Applebee's outlets in Qatar. "As a result, we are negotiating with senior management of some malls and football stadiums to open more restaurants in the northern part of the country," said Sharma.