Sweet deal: Gateway Partners invests $50m in Gulf cafe chain

Sweet deal: Gateway Partners invests $50m in Gulf cafe chain

Cafe franchise Tim Hortons may widen its operations to include Egypt and India in the wake of a major investment by Dubai's Gateway Partners.. Plans for expansion after Dubai-based private equity firm snaps up 40 percent stake in Tim Hortons franchise. DUBAI: Dubai-based private equity firm Gateway Partners has acquired a 40 percent stake in the Gulf franchise of coffee and breakfast chain Tim Hortons, two sources familiar with the matter told Reuters.. Gateway Partners made the investment through its Gateway Fund 1 in February, information contained on its website shows.. Online grocery services struggle to meet demand /node/1654991/business-economy. But for Ocado, a cutting edge service that relies on warehouse robots, significantly increasing deliveries would mean a big investment in new machinery and warehouses too late to catch the spike in demand.. "I won't be panicking for another week, but if I've got to wait another two weeks for a delivery slot it's going to be very close to the bone.". Customers in hard-hit New York City are waiting days to schedule deliveries that usually take just hours.. Ocado has pioneered online groceries in the UK since 2002 with automated warehouse robots and has licensed its technology to other