Tawasy Group, a well-known UAE-based dining, catering and restaurant management firm, has revealed the opening of it's first-ever restaurant 'Tawasy Restaurant and Grill', in Dubai Festival City. The restaurant will serve authentic Arabic and Mediterranean cuisines which will offer a unique eating out experience to diners, bringing a fresh dining concept to Dubai's robust food and beverage (F&B) sector. In addition, the company plans to open 10 more restaurants in the UAE in the next four years and expand across the GCC through franchising programs. The launch of the restaurant comes amid healthy growth in F&B outlets in the UAE in general and Dubai with consumers spending more on F&B. The move comes at an opportune time when the UAE's F&B industry is forecasted to grow by around 4 percent annually to USD13.2 billion in 2018, according to a recent report by Orient Planet Research. As Dubai gears up to host Expo 2020, which is expected to host over 25 million tourists covering a period of six months, the new dining outlet by the Group will cater to the expanding population's dining requirements. Rami Wardeh, CEO, Tawasy Group, said: "The UAE's urban population is forecasted to grow to 7.9 million by 2020 at an average annual growth of 2.3 per cent in a decade with city dwellers, who eats out more often than others, accounting for 86.7 percent of the country's population."