McDonald's and IPT Lebanon sign a Memorandum of Understanding announcing a new partnership between the food sector and the oil sector.
In an unprecedented initiative in Lebanon, McDonald's Lebanon and IPT have recently signed a Memorandum of Understanding announcing a partnership between the food sector and the oil sector.
The announcement was made during a press conference held in the Conference Room at Hotel Habtoor Sin el Fil, under the patronage of the President of the Federation of the Chambers of Commerce, Industry and Agriculture in Lebanon, Mr. Mohammed Choucair, and in the presence of the CEO and the General Manager of McDonald's Lebanon, respectively Mr. Akram Miknas and Mr. Rashwan Miknas, the CEO of IPT Group Mr. Michel Issa, and the member of the Board of Directors, Dr. Tony Issa, in addition to the President of the Association of Franchise Companies in Lebanon, Mr. Charles Arbid and the president of the Federation of Companies importing Fuels Maroun Chammas. The press conference ended with the ceremony of signature of the Memorandum of Understanding between the parties.
This MOU plans to dedicate a joint action plan between the relevant parties to open a series of McDonald's restaurants in IPT network stations and to spare no effort with the competent authorities to update current laws and systems related to gas stations allowing them to integrate easily a cookery service as is the case in western countries, while cooperating closely with the Federation of Chambers of Commerce, Industry and Agriculture in Lebanon, which encourages strongly such partnerships prone to boost economic recovery, growth and prosperity.
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