US food chain Chuck E. Cheese to expand in Saudi Arabia

Unique Hospitality has been a Chuck E. Cheese franchise partner in Saudi Arabia since 2012. (Supplied)
Short Url
Updated 01 May 2021
Follow

US food chain Chuck E. Cheese to expand in Saudi Arabia

  • The firm currently has two franchisee partners in the Kingdom, with a total of 21 outlets throughout the country

JEDDAH: CEC Entertainment, the parent company of American fast-food brand Chuck E. Cheese, is planning to open 100 new outlets around the world over the coming years, with at least 25 in Saudi Arabia.

The firm currently has two franchisee partners in the Kingdom, with a total of 21 outlets throughout the country.

Brian Bell, senior director of public relations, told Arab News: “We will be opening our first store in Bahrain soon and have a pipeline of over 50 more stores across the Middle East region over the next five to seven years. Specifically, Saudi will account for 50 percent of this growth.”

Unique Hospitality has been a Chuck E. Cheese franchise partner in Saudi Arabia since 2012.

In a website franchisee testimonial, Unique Hospitality’s general manager for Saudi Arabia, Talal Azhari, said: “Chuck E. Cheese has been a great addition to our portfolio, and we have been very profitable with the brand.

“The corporate international franchise team is engaged and willing to adapt the brand to local market needs, which creates a truly profitable model. We are in the process of acquiring more territory for future development in other countries.”

Ahead of its international expansion, CEC Entertainment recently relaunched its franchise development website. In addition to Saudi Arabia, it currently operates in many markets outside the US, including Mexico, Chile, Peru, Canada, Honduras, Puerto Rico, Panama, Colombia, Guatemala, the UAE, Costa Rica, Trinidad and Tobago, Jordan, and India.


No Saudi acquisition offers: FC Barcelona tells Al-Eqtisadiah

Updated 16 December 2025
Follow

No Saudi acquisition offers: FC Barcelona tells Al-Eqtisadiah

CAIRO: FC Barcelona has not received any offers, whether from Saudi Arabia or elsewhere, to acquire the club, according to an official source who spoke to Al-Eqtisadiah.

According to the source, the circulating news regarding the possibility of finalizing a deal to acquire the club in the coming period is a mere rumor.

Recent Spanish reports had indicated the possibility of a Saudi acquisition of Barcelona shares for around €10 billion ($11.7 billion), a move considered capable of saving the club from its financial crises if it were to happen, especially as it suffers from debts estimated at around €2.5 billion.

Sale not in management’s hands

Joan Gaspart, the former president of the club, confirmed that the current board of directors, chaired by Joan Laporta, does not have the right to dispose of the club’s ownership.

He added: “FC Barcelona is owned by about 150,000 members, and selling the club is something the owners will not accept. FC Barcelona possesses something no other club in the world has; money is very important, and so is passion, but the sentiment of the members today is to continue what the club has been for 125 years.”

High market value

Despite the financial crisis the club has been going through in recent years, FC Barcelona ranks sixth on the list of the world’s highest market value clubs, with an estimated value of €1.12 billion, according to Transfermarkt. Meanwhile, its rival Real Madrid tops the list with a market value of €1.38 billion.