THE MIDDLE EAST’S

96. Americana Restaurants *

Country: U.A.E.
Sector: Retail
CEO: Amarpal Sandhu
Market Value: $9 billion
Sales: $2.4 billion
Profits: $263 million
Assets: $1.3 billion

Americana Restaurants is one of the largest out-of-home dining and quick-service restaurant operators, with a portfolio of 12 global brands. It employs over 40,546 people. The company operates 2,228 stores across 12 countries in MENA and Kazakhstan as of Q1 2023. In December 2022, Americana Restaurants raised $1.8 billion from its IPO by selling 30% of the company’s total issued share capital. It is dual-listed on ADX and the Saudi Exchange. Adeptio AD Investments Ltd – which is equally owned indirectly by Saudi’s PIF and Mohamed Alabbar, the founder of Emaar Properties – holds a 66.03% stake in Americana Restaurants.