Riyadh - Exclusive Sharikat Mubasher: HBQ, the renowned Saudi brand specializing in Madinian tea, plans to expand its presence in Riyadh and Jeddah by offering franchises, Founder Abdelrahman Alsolami revealed in an interview with Shairkat Mubasher.
On the sidelines of the Saudi Franchise Expo 2025, Alsolami stated that the first phase of the company’s expansion plan invloves granting a specific number of franchises.
He further explained that HBQ’s strategy includes covering all regions acorss the Kingdom and expanding into the GCC region.
Alsolami emphasized that franchising is an ‘effective strategy’ for any business to grow and thrive.
Founded in 2021, HBQ currently operates four branches in Madinah and another in AlUla.
The Saudi Franchise Expo 2025 took place in Riyadh from 27 to 29 January, serving as a dynamic platform for entrepreneurs and investors to enter the world of franchising, giving them the chance to meet and network with leading franchisors and discover the latest investment opportunities across various sectors. It featured a comprehensive educational program, including workshops and training seminars covering all aspects of franchising.
It is worth noting that Sharikat Mubasher participated in the Saudi Franchise Expo 2025 as a Media Sponsor.