Goldgenie Saudi Arabia launched
After several years of attempting to find a suitor for the International Master Franchise for the Kingdom of Saudi Arabia Goldgenie have finally found the perfect partner in a member of the Saudi Royal Family. A Saudi Prince has signed an agreement with luxury brand Goldgenie making him the Exclusive Master Franchise holder for Saudi Arabia.
The investment was assessed by a team of Royal advisors who conducted their own due diligence on behalf of the Prince and once satisfied was given the green light to make the investment and to formally take Goldgenie to Saudi Arabia, the advisors believed that the brand position and its dominance in the luxury market was a good fit with the clients of the Royal family and their investment requirements.
It is no coincidence that the Prince has secured this franchise at this specific time but it may have had something to do with the exponential growth as a diverse luxury brand demonstrated by the opening of their second luxury store in the centre Dubai.