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FINANCIAL NEWS
Landmark invests USD9.79m in expansion project, acquires cupcake specialist
05 Sep 2013
(MENAFN) Landmark Hospitality acquired a cupcake specialist for the Middle East and announced its investing plan in an expansion project worth USD 9.79 million, according to Khaleej Times.
The concept will start operating in five stores in the UAE with an intension of increasing its locations’ number in 14 different places in the UAE over the next year.
Candelite business head Manish Jeswani said: “The Candelite experience is dedicated to infusing fun into the lives of our customers and we believe that the integration of Candy Cakes into our brand adds a unique offering to our growing confectionery portfolio.”
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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