Sunday, Sep 11, 2011

DUBAI (Zawya Dow Jones)--Retail and hospitality conglomerate Landmark Group said on Sunday it will invest $100 million to expand in the Middle East by opening new confectionary stores.

The group in a statement said it would open 50 small and large outlets under the name of Candelite in the United Arab Emirates, Kuwait, Oman, Qatar, Bahrain and Saudi Arabia by 2012.

-By Nicolas Parasie, Dow Jones Newswires; +9714 446-1681; nicolas.parasie@dowjones.com

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

11-09-11 1001GMT