The Green Capital Management company established in the UAE with Azerbaijani investment and the Qatari Al Baladi Holdings company have signed a Strategic Partnership Agreement in Baku.
The document was inked by the shareholders of Green Capital Management, Adnan Ahmadzada and Khayal Qayibov, who also serves as the chief executive officer, President of ِAl Baladi Holding Group Mohammed Bin Abdullah Al Attiyah, and executive director Hany Al Sayyadi.
According to the agreement, about $5 million will be invested to open networks that will create new jobs in Baku.
This partnership aims to bring the exceptional offering of the popular brands Go Crispy and Tea Time to a wider audience and increase their presence in the international market.
The signing of this agreement marks the beginning of a partnership between Green Capital Management and Al Baladi Holdings, a prominent Qatari conglomerate active in the food, retail and hospitality sectors. Together, they plan to expand their Go Crispy and Tea Time franchises to 27 countries and open more than 405 new branches in the coming years.