Dubai, Aug. 22 -- Premium United Arab Emirates (UAE)-based fresh food retailer Spinneys announced on Friday, August 22, its expansion into Kuwait through a strategic joint venture with Alshaya Group, one of the world's leading brand franchise operators.

The partnership marks Spinneys' entry into a fourth GCC market and reflects its ambition to strengthen its regional presence.

As part of the agreement, Spinneys will hold a 51 percent majority stake and oversee the management of all operations. The rollout will see ten new stores opening across Kuwait, with the first outlet scheduled for 2026.

Kuwait, the GCC's fourth-largest economy, is viewed as a high-growth retail market due to its affluent consumer base and high disposable income l...