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McDonald's Explores Palestinian Franchise in Bethlehem

Strategic Insights

— 1 min read

As the year 2000 approaches, McDonald's Corp. is considering setting up its first Palestinian franchise in Bethlehem, a city expected to welcome 2 million pilgrims celebrating the millennium. The company's Israeli franchise head, Omri Padan, has been approached by "hundreds of Palestinian businessmen" to bring the Golden Arches to the West Bank and Gaza Strip. However, McDonald's has yet to select a partner for this venture.

Key Takeaways:

  • McDonald's is in talks to set up its first Palestinian franchise in Bethlehem, a city that will host 2 million pilgrims in the year 2000.
  • The company's Israeli franchise head, Omri Padan, has been approached by "hundreds of Palestinian businessmen" to establish a presence in the West Bank and Gaza Strip.
  • McDonald's has not yet selected a partner for the Palestinian franchise.
  • The company's consideration of a Palestinian franchise is a significant development in the Middle East market.
  • The head of McDonald's Israeli franchise, Omri Padan, played a crucial role in facilitating the company's potential entry into the Palestinian market.
  • The decision to establish a McDonald's franchise in Bethlehem is expected to have a significant impact on the city's economy.

Statistics:

  • 2 million: The number of pilgrims expected to flock to Bethlehem in the year 2000.
  • 1998: The year by which MedCare Technologies Inc. reached its goal of getting 90 contracted MedCare program sites.
  • 5 months: The length of Tellabs Executive Vice President and Chief Financial Officer Peter A. Guglielmi's medical leave of absence.

Sources:

  • McDonald's Corp. (no specific date)
  • Omri Padan, head of McDonald's Israeli franchise
  • Tellabs (no specific date)
  • MAF Bancorp Inc. (no specific date)
  • MedCare Technologies Inc. (no specific date)

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