Fred DeLuca and Dr. Peter Buck opened their first submarine sandwich store in 1965 called Pete’s Super Submarine. The name was later shortened to Subway and the first franchised unit opened in 1974 in Connecticut. Fred Deluca is currently the company’s President.The SUBWAY brand was ranked the number one Franchise Opportunity and the number one Global Franchise Opportunity in the 2010 edition of Entrepreneur magazine\'s ‘Annual Franchise 500’ survey, an honor that the SUBWAY chain has received 17 times in the past 23 years.SUBWAY restaurants ventured outside North America when the first outlet opened in Bahrain in December 1984. Since then, the SUBWAY concept has gone around the world with restaurants opening from Argentina to Zambia.Subway became recently the largest submarine franchise in the Arab World with over 230 outlets as located in vibrant and convenient venues in UAE, KSA, Kuwait, Qatar, Jordan, Egypt, Lebanon, Bahrain and Oman.