Sharjah - Fifty percent shares of Tawseel Delivery Services, a Sharjah-based food delivery service provider, have been acquired by the UAE-based Fares Foundation for General Trading, which specialises in logistics and distribution through land, air and sea.
As per the acquisition agreement signed by the two parties, Fares will increase the number of its fleet of delivery vehicles. This agreement will enable Tawseel to provide faster services to customers and expand to new markets in UAE and the region.