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Cheesecake Factory (CAKE) Announces First International Dubai

August 16, 2012 4:22 PM EDT Send to a Friend
The Cheesecake Factory (Nasdaq: CAKE) announced its international debut at The Dubai Mall, opening under a license agreement with Alshaya Trading Co., W.L.L. on August 16, 2012. This opening marks the first location for the brand outside of the United States. The restaurant, occupying 13,851 square feet with 300 seats, is located opposite the Dubai Aquarium and is open daily for lunch and dinner.

Alshaya’s exclusive licensing agreement with The Cheesecake Factory provides for the development of its restaurants across the United Arab Emirates, Kuwait, Bahrain, Qatar and the Kingdom of Saudi Arabia. The agreement also gives Alshaya the opportunity to expand The Cheesecake Factory into its other operating markets in the Middle East and North Africa, Russia, Turkey and Europe.

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