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Spinneys expands into Kuwait via joint venture with Alshaya

UAE-based fresh food retailer Spinneys is advancing its regional growth strategy by reaching a strategic joint venture with Kuwait-headquartered franchise operator Alshaya Group. This development ...
The Africa Report

Spinneys sees Egypt as one-way retail growth bet as economic outlook improves

Spinneys Egypt sees the country as the cornerstone of its regional expansion strategy, CEO Mohanad Adly tells The Africa Report.
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Spinneys and Ayala form JV to launch supermarkets in Philippines

Spinneys, a fresh food supermarket chain based in the United Arab Emirates, has formed a strategic joint venture (JV) with Filipino business group Ayala to establish stores in the Philippines. Ayala ...
Reuters

Spinneys supermarket franchisee to enter Kuwait market in JV with AlShaya

DUBAI, Aug 22 (Reuters) - Supermarket chain franchisee Spinneys (SPINNEYS.DU), opens new tab will enter the Kuwait market under a strategic partnership with Gulf retail giant Alshaya Group, and plans ...
Bloomberg L.P.

Spinneys’ Dubai IPO Set to Price at Top, Raising $375 Million

High-end supermarket chain Spinneys’ Dubai initial public offering is expected to price at the top of the range and raise 1.38 billion dirhams ($375 million), showing strong demand for a rare private ...