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Restaurant group Spur blames payment woes for Saudi exit

Summary by AGBI
Two RocoMamas burger bars closed 98% drop in Middle East turnover South African group in 14 countries A South African casual dining group has shut its restaurants in Saudi Arabia, citing weak returns and payment problems. Johannesburg-listed Spur Corporation said its two RocoMamas outlets in Al Khobar and Dammam were closed in the first half of the year because the market was “underperforming”. Spur, which is known for steakhouses, pizza chain P…
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AGBI broke the news in on Tuesday, August 26, 2025.
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