Krispy Kreme Doughnuts

Someone told me that Krispy Kreme Doughnuts is opening up in Kuwait. This story was supposingly published in a newspaper that Khorafi got the rights to it. Anyone got more info?

Update: An anonymous reader has replied with the the following:

khorafi owns 6.7% of Krispy Kreme.The franchisee contracts have been signed and americana is in the process of setting up operations in Kuwait and Dubai simultaneously. hopefully by Sept - october Kuwait will have its first Krispy kreme Store.The quality will be the same as everything is imported,even the machines direct, from the US.The flagship restaurant wil have the trademark “doughnut showcase” window!



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24 Comments, add your own...

  1. 1. The Stallion | April 23rd, 2006 at 3:00 pm

    Khorafi ownd 6.7% of Krispy Cream now!

  2. 2. True Faith | April 23rd, 2006 at 3:04 pm

    It will not taste the same.

  3. 3. purgatory72 | April 23rd, 2006 at 3:11 pm

    stop thinking about food all the time!

  4. 4. TweeZ | April 23rd, 2006 at 3:39 pm

    when will Dunkin Doughnuts open up? I saw the store in Salmiyah, pretty big for a doughnut store, and it still did not operate. What is up with that?

    hehe, Mark, let’s have a doughnut showdown!

  5. 5. anon | April 23rd, 2006 at 3:40 pm

    khorafi does own 6.7% of Krispy Kreme.The franchisee contracts have been signed and americana is in the process of setting up operations in Kuwait and Dubai simultaneously. hopefully by Sept - october Kuwait will have its first Krispy kreme Store.The quality will be the same as everything is imported,even the machines direct, from the US.The flagship restaurant wil have the trademark “doughnut showcase” window!

  6. 6. Entrepreneur | April 23rd, 2006 at 4:22 pm

    That is indeed true

    Krispy I believe had no plans to go GCC regional. Khorafi started accumulating the stock a while back and now have a board seat. Im sure they don’t mind being added to the portfolio of one of the richest families in the world. :)

    Hey Kuwaiti kids, you’re about to get FATTER! :D

  7. 7. Entrepreneur | April 23rd, 2006 at 4:23 pm

    Thinking about it, Khorafi should next open up a “fat farm” here in Kuwait, then they can make money off of getting ppl fat and making them skinny again… thus the vicious cycle ensues and the congrolmerate prints even more money

  8. 8. Mark | April 23rd, 2006 at 5:21 pm

    I understood alshaya had outbid Khorafi on Krispy Kreme and were about to close the deal when Khorafi went and bought the shares.

  9. 9. tj | April 23rd, 2006 at 7:54 pm

    im gonna Krispy Kreme my pants (sorry but I couldnt resist)

  10. 10. Juddy Abbott | April 23rd, 2006 at 8:03 pm

    yes its coming to kuwait … check their franchise oppor. and they will tell you its already taken .

    about al khrafi i heard like you dude

  11. 11. Thamer | April 23rd, 2006 at 8:14 pm

    They’re just donuts.

  12. 12. holla | April 24th, 2006 at 12:06 am

    oh hell yeah i know what i am doing this weekend! stuffing my fat kuwaiti arse with more american fast food!

  13. 13. Yazeed | April 24th, 2006 at 1:56 am

    krispy kreme, yum yum, a glazed donut every morning for me.

  14. 14. moe | April 24th, 2006 at 2:40 am

    so now after cafe’s fight.. donuts fight.. i mean name a cafe that doesnt have a branch in kuwait

  15. 15. Marzouq | April 24th, 2006 at 4:49 am

    If this place sets up as cafe there is going to be a huge line! loool! Seriously they are going to make a lot of money in Kuwait the first couple of months until things calm down a bit! People are gonna go nuts! They played it smart, they waited until the stock went down before buying out a certain percentage.. it used to be at $50 but now its around $6! So its easier to buy it out!

  16. 16. TweeZ | April 24th, 2006 at 4:54 am

    doughnuts are gonna be the fad in Kuwait. Just like coffee is now. Actually, they do compliment each rather rather well :>

  17. 17. tim | April 24th, 2006 at 10:02 am

    fat farm? great idea. and importing clot-busting drugs. and exercise equipment. and licensing an overseas fitness chain (fitness first??). too many opportunities, not enough money (or time, or wasta, or who gives a sh*t if overindulgence knocks off a few more mental drivers… etc. etc.)

  18. 18. expat | April 24th, 2006 at 1:40 pm

    Fat Pills….MMMM

  19. 19. Vineeth Menon | April 24th, 2006 at 2:37 pm

    from 50 to 6 ? thatz a lil crazy…

    they must’ve more than 2:1 splitting minimum

  20. 20. Limited | April 24th, 2006 at 2:41 pm

    OMG thats soooooooooooo cool!…there my fav. doughnuts in the whole world, last time i ate them was last year and i was wishing they would open it in Kuwait…my wish came true:P

  21. 21. Edjamacated Guy | April 24th, 2006 at 6:45 pm

    http://www.ameinfo.com/83010.html

    “Struggling US dough-nut giant Krispy Kreme announced that Kuwaiti business group Mohammad Abdulmohsin Al Kharafi & Sons has bought a 6.7% stake or 4.13m shares.”

  22. 22. OB | April 25th, 2006 at 9:37 am

    Krispy Kreme is in serious financial trouble after the annonceent of the significantly high trans fats contents in its recipe. (about > 15% trans fats) http://www.nutritiondata.com/facts-B00001-01c21k5.html.

    Infact, Krispy Kreme popularity in the USA has went down significantly and the company was on the erge of financial delimma.

    Guess that explains why they are going international and to countries that doesnt really care about health concerns. Guys I would be careful!!

    Mark, this is a cool blog to check out about Krispy Kreme. http://www.mercola.com/2004/may/29/krispy_kremes.htm

  23. 23. Kent | June 10th, 2006 at 10:53 am

    I would take either one but I likkkkkkkeeee crispies the best. Get them the morning while they are still hot..

  24. 24. ohlala | March 21st, 2007 at 11:09 am

    yeah!!!with all the the stores opening from americana kuwait…under the success is the exploitation of workers with 70 to 100 kd salary…but anyway karma is around the corner…

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