Holding
07 Dec 2016
Doha, Qatar – December 2016 — In a strategic move that reinforces its commitment to diversifying its investment portfolio and strengthening its presence in high-potential regional markets, Al Sraiya Holding Group has announced a new partnership with Venture Capital Bank and a group of strategic investors to invest in MADO Yasar Dondurma, one of Turkey’s leading café chains specializing in traditional ice cream and desserts.
The announcement was made during an official ceremony held at the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara, attended by H.E. Veysi Kaynak, Deputy Prime Minister of Turkey; H.E. Rifat Hisarcıklıoğlu, President of TOBB; Mr. Rashid Nasser Sraiya Al Kaabi, Vice Chairman of Al Sraiya Holding Group; as well as senior board members and executives from Venture Capital Bank and MADO.
This investment aligns with Al Sraiya Holding Group’s strategy to grow in emerging economies and promising sectors. MADO maintains a strong domestic footprint with more than 310 branches across Turkey and a workforce of over 1,150 employees, in addition to an international network of over 35 branches in countries such as Bulgaria, Azerbaijan, Nakhchivan, Cyprus, Iraq, Saudi Arabia, Qatar, UAE, Kuwait, and Bahrain.
Speaking at the event, Mr. Rashid Nasser Sraiya Al Kaabi, Vice Chairman of Al Sraiya Holding Group, emphasized the significance of the partnership, stating:
“We at Al Sraiya Holding Group are proud to announce this milestone investment, which adds a new dimension to our international portfolio and underscores our long-term commitment to identifying and supporting high-growth opportunities in emerging markets. We view MADO as a success story in the F&B sector and look forward to working closely with the company to support its expansion and growth objectives.”
He added:
“Through this partnership, we aim not only to develop existing operations but also to open new market avenues—both within Turkey and internationally—while enhancing customer experience and operational efficiency.”
Al Sraiya Holding Group views this investment as a strategic step in fostering regional partnerships and supporting homegrown brands with global potential, creating stronger links between Gulf and Turkish markets in hospitality and food services.