Herfy is a large fast food

Fast food

Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food, typically the term refers to food sold in a restaurant or store with preheated or precooked ingredients, and served to the customer in a...

 restaurant chain in Saudi Arabia

Saudi Arabia

The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

 and one of the largest in the Middle East, surpassing major international corporations in terms of local size. It has a total of more than 100 restaurants and 2,000 employees throughout Saudi Arabia. It also has many subsidiaries including Herfy Bakery and a soon to be built meat processing plant. It has been an entirely Saudi-owned company since its inception.

History

Herfy was founded by Ahmed Al-Said in 1981.
In 1994, Panda United was bought by Prince Waleed bin Talal's Kingdom Holding Company

Kingdom Holding Company

Kingdom Holding Company is a public holding company headquartered in Kingdom Centre in Riyadh, Saudi Arabia, and is the largest company in Saudi Arabia. It is controlled by Prince Alwaleed Bin Talal Bin Abdulaziz, and is headquartered in the city of Riyadh...

. Therefore, Panda's 70% stake in Herfy was transferred to Kingdom. Bolstered by the new large budget provided by Kingdom.

In 1998, AlAzizia Panda United (Panda's new name) was incorporated with the Savola Group headed by Adel Al-Fakeh. Therefore, Herfy became part of the group. Herfy's growth again grew as the number of Herfy chains doubled.

Future Projects

Herfy only very recently opened its first overseas branch in Bahrain

Bahrain

' , officially the Kingdom of Bahrain , is a small island state near the western shores of the Persian Gulf. It is ruled by the Al Khalifa royal family. The population in 2010 stood at 1,214,705, including 235,108 non-nationals. Formerly an emirate, Bahrain was declared a kingdom in 2002.Bahrain is...

 in cooperation with local partners Al Meer Trading. Franchise agreements in the U.A.E

United Arab Emirates

The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

 and Kuwait

Kuwait

The State of Kuwait is a sovereign Arab state situated in the north-east of the Arabian Peninsula in Western Asia. It is bordered by Saudi Arabia to the south at Khafji, and Iraq to the north at Basra. It lies on the north-western shore of the Persian Gulf. The name Kuwait is derived from the...

 have been concluded and more franchise requests have been received.

To cope with the added overseas branches, Herfy is planning to open its own 13 million Saudi Riyal

Saudi riyal

The Riyal is the currency of Saudi Arabia. It is abbreviated as ر.س or SR . It is subdivided into 100 Halalas . The Saudi Ghirsh is 5 Halalas.-History:...

meat and chicken processing plant in a similar way to Herfy Bakery.