New website launched to aid business deals

Middle East portal aims to bring franchise buyers and sellers together for deals.

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By  Andy Sambidge Published  January 3, 2009

A new website has been launched in the Middle East dedicated to the buying and selling of businesses and franchises.

Dubai-based RichWeb, a member of Tharaa Holding, has launched which lists and finds global franchise opportunities available for the Middle East.

Website chiefs say it will focus on the many opportunities in the Middle East and North Africa including Turkey and Iran, and at the same time offer international companies an opportunity to list their franchises and secure potential partners in the region.

Shabeer Mohamed, RichWeb’s managing partner, said: "RichWeb is committed to providing first class opportunities and e-services for this region.

"Buying and selling businesses and franchises is a key area of economic activity all over the world. However, until now, there has been no proper domain in the region for potential buyers and sellers to come in contact with each in a fast and easy manner."

RichWeb currently offers a trial version of the website and plans to officially launch the portal within the next six months.

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