Riyadh – Mubasher: Saudi Arabia-based Herfy Food inaugurated on Thursday, 21 December, its first branch in Bangladesh under a franchise system.

The financial impact of this branch will appear in the first quarter 2018 financial results, according to a statement on Sunday to the Saudi Stock Exchange (Tadawul).

In July 2015, Herfy opened seven restaurants in Saudi Arabia, brining the total number of the new restaurants this year to 28 and its total restaurants to 283.

By 10:44 am KSA time, Herfy’s stock increased 1.86%, reaching SAR 48.70.