02/10/2025
From UAE to PH ๐ฆ๐ช๐ต๐ญ
FIRST MOVER: Ayala Corp. is teaming up with UAE-based Spinneys to open premium grocery stores in Metro Manila, the supermarket chainโs first venture outside the Gulf region.
โWe are honored to be the first partner of Spinneys as it ventures outside the GCC,โ said Ayala Corp. president and CEO Cezar P. Consing, adding that the move is meant to spur stronger trade and investment ties between the Philippines and the Gulf.
This deal comes on the heels of Ayalaโs tie-ups with CP AXTRA for Makro, Kmartโs Anko brand, and BYD electric cars.