Foreign Businesses Thrive In Libya: Cinnabon is first U.S. franchise in Libya

cinnabonAfter 42 years, the country formerly known as the Great Socialist People’s Libyan Arab Jamahiriya is getting its first taste of consumer capitalism in an unlikely form: sweet, sticky cinnamon rolls.

Cinnabon, the Atlanta-based bakery chain, is at the vanguard of a potential business boom in the Libya, Business Week reports.

In July the unit of Focus Brands became the first US franchise to open since the revolution, with a two-level Tripoli outlet. It’s become a popular…read more

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