date:Nov 12, 2013
mer sector is booming.
Coca-Cola Co paid $980 million in December 2011 for a 50 percent stake in Aujan Industries, one of the largest beverage companies in the Middle East, while in the same year Carlyle bought a 42 percent stake in a Saudi-based food franchise operator that runs Domino's Pizza and Wendy's restaurants in the Middle East and North Africa.
Citigroup Inc's venture capital arm and Dubai-based Levant Capital bought a $100 million controlling stake in Saudi Arabian supermarket chain