Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Comptoir Group opens its first Abu Dhabi restaurant

(Sharecast News) - Comptoir Group announced the opening of a new 'Shawa' restaurant at Zayad International Airport in Abu Dhabi on Monday, on 31 March. The AIM-traded firm said Shawa, its fast-casual dining concept, would cater to passengers looking for a convenient food-to-go option.

Situated in the airside departures area of Zayed Airport, the restaurant occupied a strategic location within the second-largest airport in the United Arab Emirates.

Zayed Airport sees an exceptionally high footfall of international visitors, serving over 80,000 customers daily and anticipating 27 million passengers this year.

With a footprint of 1,325 square feet, the restaurant would accommodate 50 covers, and marked Comptoir's first venture in Abu Dhabi.

The venture is was in collaboration with HMSHost, marking Comptoir's first franchised Shawa restaurant and its third franchised establishment in the region, with existing Comptoir Libanais restaurants at airports in Dubai and Doha.

"We have long recognised Abu Dhabi's importance as an international air hub and are delighted to share Shawa's offering with international travellers," said chief executive officer Nick Ayerst.

"Our ongoing successful collaboration with HMSHost is delivering well-loved authentic Middle Eastern food and culture to customers around across the UK, Netherlands and Middle East."

At 0912 BST, shares in Comptoir Group were down 0.68% at 6.7p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

RBC Capital lifts Centrica to 'outperform', shares rally
(Sharecast News) - RBC Capital Markets upgraded Centrica on Friday to 'outperform' from 'sector perform' and lifted the price target to 170p from 145p.
Jefferies reiterates 'buy' on National Grid, trims price target
(Sharecast News) - Jefferies trimmed its price target on National Grid on Friday as it reiterated its 'buy' rating on the energy infrastructure firm.
JPMorgan reiterates 'overweight' on Whitbread
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Whitbread on Friday as it said it continues to be one of its key convictions, and sees the recent pullback - the shares are down 20% year-to-date - as "an opportunity to revisit the story".
Short-lived sunny spell helps boost UK supermarkets
(Sharecast News) - UK supermarket sales pushed higher in May, industry data showed on Friday, boosted by a brief spell of warmer weather.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.