How Salt Bae’s debt-laden steakhouse is highlighting major issues in Turkey’s economy
|03/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Viral meme sensation and chef Nusret Gökçe, more commonly known as Salt Bae, has some serious issues piling up at his restaurant in Dubai frequented by celebrities and sports stars.
- The steakhouse chain’s owner, Turkish firm Dogus Holdings, is struggling to repay foreign-exchange loans after the lira plunged in value.
- Dogus is now seeking to restructure its debt, having spent big on the hospitality sector in recent years despite the slump in the Turkish economy.
The company which owns the steakhouse chain popularized by viral meme sensation and chef Nusret Gökçe, aka Salt Bae, is struggling to repay its debts read more >>>