| Element List | Explanation |
|---|---|
| Introduction | Raydan Food Co. Announces Franchise Agreement Contract Sign Off with Al-Raya Restaurants Company Ltd. in Arab Republic of Egypt |
| Date of Announcement of the Award | 2021-04-21 Corresponding to 1442-09-09 |
| Contract Subject Matter | Franchise Agreement in Arab Republic of Egypt – Cairo city - Giza Governorate – Faisal St. |
| Date of Signing the Contract | 2021-04-21 Corresponding to 1442-09-09 |
| Contract Value | 30,000 USD Franchise fees in addition a percentage of sales |
| Contract Details | Raydan Food Company announces of franchise agreement registered under trademark of "Raydan" to the franchise agent, Al-Raya Restaurants Company Ltd. in Arab Republic of Egypt For a period of five years. In Cairo city - Giza governorate – Faisal St. |
| Contract Duration | Five years, renewable |
| Financial Impact and the Relevant Period | This contract will have a positive financial impact on the company in the second quarter of 2021 |
| Related Parties | There are no related parties |
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