Fast food operator shuts Egypt restaurants for 3 days after founder's death

Ahram Online, Monday 18 Apr 2011

KFC, Pizza Hut and Costa Coffee are among the outlets closed until Thursday as Americana Group mourns the loss of its owner, Kuwaiti tycoon Nasser Al-Kharifi

Nasser KHarafy

Fryers and cola dispensers came to a halt across Egypt on Monday, as the Americana Group closed its restaurants for three days of mourning following the death of founder and owner Nasser Al-Kharafi at the weekend.

Temporary closures were announced by advertisements in Egyptian newspapers and affect all outlets owned by the Kuwaiti-owned group, which operates dozens of western-style eateries in the country, including KFC, Pizza Hut, Hardee's, Costa Coffee, Baskin Robbins and TGI Fridays.

Normal business will resume on Thursday.

Kuwaiti billionaire Nasser al-Kharafi died on Saturday night in Cairo, with Kuwait's state news agency KUNA reporting he had suffered from a heart attack.

Founded in Kuwait in 1964, the Americana Group operates in 14 countries with over 45,000 employees and is publicly traded on the Kuwait Stock Exchange.

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