McDonald’s is buying its 30-year-old Israel franchise from Alonyal, taking back ownership of 225 restaurants in the country that employs more than 5,000 people, the companies said on Thursday. The US fast-food chain has been subject to boycotts and protests since Alonyal announced shortly after the Oct. 7 attack by Palestinian Islamist group Hamas that it would be donating free meals to Israeli military.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Chinese property firms afresh plunge into debt

Shanghai: It was reported on Wednesday that the rumbling crisis at China…

Red Sea threats sink Maersk profits

Shares in shipping giant Maersk have dropped after it warned of an…

Pakistan earns million dollars from IT services

Pakistan earned US$ 1,941.350 million by providing different Information Technology (IT) services…

Pakistan issues tender for two LNG cargoes for winter

Pakistan LNG Limited (PLL) issued a tender seeking two LNG cargoes for…