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00:00 This is a very exciting moment and the picture behind the Dubai financial market
00:05 expresses that.
00:06 This is a secondary issue, so these companies will be back to bear the shares of the buyers,
00:12 that is, a group of investors, and this is the plan.
00:17 What is your future plan for expansion and where will it be?
00:27 Look, the Spanish is a brand that is growing in the UAE and in the region for more than
00:34 63 years.
00:35 But the Spanish brand is 100 years old.
00:38 Our plan is to grow in the UAE, where most of our stores are located, and we will make
00:45 sure to record growth in the lands of this country, whether by the number of stores or
00:52 through the online Internet.
00:54 We have set our expectations for the growth of the next five years in the UAE, where we
01:00 will work.
01:01 We will head to the Kingdom of Saudi Arabia, where we will open our first store in Riyadh,
01:06 and after that we will open three other stores this year in the Kingdom of Saudi Arabia.
01:11 In addition to that, we have developed a main supply chain, we called it Kitchen by Spanish,
01:18 where we will launch this new model next month to record orders, and I repeat, it is called
01:25 Kitchen by Spanish, and it is one of the complete food solutions that we provide to our customers.
01:30 And part of this model is also online, where we work to provide a fast and comprehensive
01:35 delivery network to ensure the delivery of customers' orders in 45 to 60 minutes.
01:40 Do you have any future plans to increase your market share?
01:44 No, at the moment we do not have any plans for this type of market, but at the same time
01:50 this is a great opportunity to have access to a capital market.
01:56 When there is an opportunity in the Middle East, and there is a great opportunity for
02:01 us to be in the Middle East and in the Gulf Cooperation Council countries.
02:08 I repeat, at this time we do not have any plans, but in the future we will look for these
02:14 opportunities and we will seek to benefit from them.
02:18 Do you think about double-digit rent in Dubai and perhaps in the Saudi financial market?
02:22 Not at the time of rent, today the rent is in the UAE and in Dubai specifically, and when
02:27 the right time comes, we do not doubt that we will pay all the options.
02:31 Let me ask you about the geopolitical tensions that our region is experiencing.
02:36 How do these tensions affect your operations?
02:42 If we look at the Middle East and the UAE, especially the Kingdom of Saudi Arabia, the
02:47 UAE and the Kingdom of Saudi Arabia have very strong and resilient economies.
02:53 If we look at the entire economic activity of these two countries, we have seen a growth
02:57 in the overall local product and the number of inhabitants, and these two countries have
03:02 a very strong economic and financial relationship.
03:06 We have seen a very strong economic and financial relationship.
03:10 We have seen a very strong economic and financial relationship.
03:14 We have seen a very strong economic and financial relationship.
03:18 We have seen a very strong economic and financial relationship.
03:22 We have seen a very strong economic and financial relationship.
03:26 We have seen a very strong economic and financial relationship.
03:30 We have seen a very strong economic and financial relationship.
03:34 We have seen a very strong economic and financial relationship.
03:38 We have seen a very strong economic and financial relationship.
03:42 We have seen a very strong economic and financial relationship.
03:46 We have seen a very strong economic and financial relationship.
03:50 We have seen a very strong economic and financial relationship.
03:54 We have seen a very strong economic and financial relationship.
03:58 We have seen a very strong economic and financial relationship.
04:02 We have seen a very strong economic and financial relationship.
04:06 We have seen a very strong economic and financial relationship.
04:10 We have seen a very strong economic and financial relationship.
04:14 We have seen a very strong economic and financial relationship.
04:18 We have seen a very strong economic and financial relationship.
04:22 We have seen a very strong economic and financial relationship.
04:26 We have seen a very strong economic and financial relationship.
04:30 We have seen a very strong economic and financial relationship.
04:34 We have seen a very strong economic and financial relationship.
04:38 We have seen a very strong economic and financial relationship.
04:42 We have seen a very strong economic and financial relationship.
04:46 We have seen a very strong economic and financial relationship.
04:50 We have seen a very strong economic and financial relationship.
04:54 You have stated that you will pay 70% of your profits to shareholders.
04:58 You have stated that you will pay 70% of your profits to shareholders.
05:02 Do you plan to increase this percentage in the future?
05:06 Currently, the focus was on the story of success and confidence.
05:10 Rarely, a private company is able to market its shares in the Dubai financial market.
05:14 Rarely, a private company is able to market its shares in the Dubai financial market.
05:18 This success guarantees the success of the future shareholders.
05:22 We will increase this growth in the future.
05:26 We will focus on the shareholders.
05:30 We will focus on the shareholders.
05:34 We will focus on the shareholders.
05:38 We will focus on the shareholders.
05:42 We will focus on the shareholders.
05:46 Thank you Mr. Sunil. It is a pleasure to be with you.
05:50 Thank you Mr. Sunil. It is a pleasure to be with you.
05:54 The share of Spenis, which was ranked second in the Dubai financial market,
05:58 The share of Spenis, which was ranked second in the Dubai financial market,
06:02 jumped by 9%.
06:06 jumped by 9%.