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Saudi Arabia-based Software as a Service (SaaS) provider Al-Menu Co. has successfully raised $10.12 million in a funding round led by Al Majdiah Investment, along with participation from other investors. Founded in 2022 by Mamdoh Ali, the company specializes in delivering cloud-based solutions tailored for restaurants and cafes across the Kingdom. The investment, totaling 38 million Saudi Riyals, will fuel Al Menu’s expansion in the restaurant services sector. The company has already made substantial strides in managing numerous establishments, contributing to the growth of this vital industry in Saudi Arabia. CEO Mamdoh Ali highlighted Al Menu’s commitment to providing operational solutions for thousands of food and beverage establishments. The company aims to lower management costs and enhance workforce efficiency in the rapidly evolving F&B landscape. Nasser Al Majid, CEO of Al Majdiah Investment, expressed that their investment is designed to bolster the sector’s role in achieving the goals outlined in Saudi Arabia’s Vision 2030. By offering innovative and competitively priced solutions, the partnership aims to improve the efficiency and attractiveness of the hospitality industry for further investment. https://lnkd.in/dQd5dxZF #SaudiArabia #Riyadh

The GCC region experiences a similar challenge to Saudi Arabia during the summer months: a decline in restaurant sales due to scorching temperatures. During this period, restaurants across the region can implement the following strategies: Climate Control: Prioritize comfortable indoor environments with efficient air conditioning systems. Menu Adjustments: Introduce lighter, refreshing dishes and beverages aligned with the warmer weather. Digital Engagement: Enhance online ordering and delivery services to cater to customers who prefer to stay indoors. Promotions and Offers: Attract customers with limited-time deals, discounts, or loyalty programs. Experiential Dining: Focus on creating unique and memorable dining experiences to differentiate your restaurant.

By having a robust Restaurant Management System, owners are investing in the efficiency, growth, and overall success of their restaurant. Here are the key takeaways: ✅ Increased Efficiency: Streamline operations, reduce manual tasks, and free up valuable time for other crucial aspects of the business. ✅Enhanced Customer Experience: Facilitate faster service, improve order accuracy, and personalize interactions with guests. ✅ Data-Driven Decision Making: Gain valuable insights to make informed choices regarding menu offerings, staffing, and marketing strategies. ✅ Improved Financial Management: Track income and expenses effectively, identify cost-saving opportunities, and gain a clearer picture of the business’s financial health. Ready to elevate the restaurant's potential? Visit us at Orda Africa today to get started! 🍴 #OrdaAfrica #pointofsale #africanbusiness #africantech #africanstartups #nigeriantech #kenyabusiness #restaurantsoftware #restaurantpos #buykenyabuildkenya #kenyanmade #lagosnigeria #naijastartups #lagosbusiness #businessinnigeria #naijafood #kenyafood #techcabal

Through the Eid Al-Adha break Saudi Arabia’s F&B sector remained vibrant. Highlights of the week include Sold Out’s ambitious expansion plans with 10 new branches by 2025, driven by Takara Hospitality Group’s agile approach and customer-centric strategy. Saudi Arabia’s US$10 billion investment in food security underscores Saudi Vision 2030’s commitment to sustainable agriculture and technological advancement. Il Baretto Riyadh navigates challenges in ingredient sourcing to offer authentic Italian cuisine, contributing to Riyadh’s evolving gastronomic landscape. HRH Prince Khaled bin Alwaleed bin Talal Al Saud emphasises Saudi Arabia’s strategic prowess in global food innovation, showcased at the Red Sea Foodtech Connect 2024. Chef Isnard Nicolas shares insights on perseverance and mentorship, guiding young chefs toward long-term culinary success. Explore more insights here: https://lnkd.in/dYyV9dwW #fandb #foodandbeverage #hospitality #saudiarabia #saudivision2030 #culinary #cuisine #dining #restaurants #technology #sustainability #innovation #mentorship #leadership

Saudi food service market to grow from $27.18 billion in 2024 to $42.48 billion by 2029, with a compound annual growth rate of 9.34%. The café sector, in particular, is expected to grow at an annual rate of 11.74%, driven by increasing demand for social and workspaces. Saudi Arabia already hosts over 40% of the Middle East’s 8,800 branded cafés.

The Thriving F&B Scene in Saudi Arabia 🚀 Saudi Arabia’s Food & Beverage Industry: Opportunities Are Booming! The F&B sector in Saudi Arabia is undergoing a remarkable transformation, fueled by Vision 2030, technological advancements, and evolving consumer preferences. The market is projected to grow from USD 31.69 billion in 2024 to USD 61.77 billion by 2032, with a CAGR of 8.70%. What’s Driving This Growth? 1️⃣ Vision 2030: The government’s focus on tourism and entertainment is fostering massive innovation in the F&B industry. 2️⃣ Evolving Tastes: Young, affluent consumers are embracing premium-casual dining experiences and global culinary diversity. 3️⃣ Tech Revolution: Food delivery platforms and digital solutions are reshaping how people dine, offering unparalleled convenience. Opportunities for Professionals: 💡 Consulting: Guide businesses in concept development, market entry, and operations. 💡 Event Management: Curate standout food festivals and hospitality events. 💡 Digital Leadership: Share insights and trends to position yourself as a thought leader. This dynamic environment isn’t just a market—it’s a stage for innovation, creativity, and collaboration. Let’s explore the potential and shape the future of Saudi Arabia’s vibrant F&B landscape together! 👉 Share your thoughts: What excites you most about the F&B scene in Saudi Arabia? #FandBIndustry #SaudiArabia #Vision2030 #FoodInnovation #HospitalityTrends #FoodTech #CulinaryArts #DiningExperiences #Gastronomy #RestaurantConsulting #HospitalityProfessional #FoodService #FoodDelivery #FoodFestival #Foodie #ChefLife #RestaurantBusiness #DigitalTransformation #BusinessOpportunities #MiddleEastFandB #EventManagement #FoodTrends #SaudiVision2030 #RestaurantGrowth #FandBConsulting  

Elevating #Restaurant #Operations in #SaudiArabia In #Saudi Arabia’s dynamic #hospitality landscape, effective restaurant operations #management is key. Cultural sensitivity is crucial, as dining is a #social affair reflecting rich traditions. Embracing digitalization, with a 99% internet penetration rate, restaurants are integrating #technology to streamline operations and enhance #guest #experiences. Online ordering, real-time #inventory management, and modern #POS systems are becoming standard. #Staff training tailored to Saudi #etiquette ensures #service #excellence. Crafting #memorable #experiences for Saudi patrons involves meticulous attention to ambiance, menu, and service. #Sustainability is also a priority, with #eco-friendly practices gaining traction. #Financial acumen is vital for #profitability in Saudi Arabia’s competitive market. Engaging with customers through digital #loyalty programs and responsive online platforms fosters a loyal clientele. As we blend tradition with innovation, Saudi restaurants are setting new #standards in hospitality. Join the dialogue and share your insights on advancing restaurant operations in Saudi Arabia.

Vision 2030 isn’t just a plan for economic diversification—it’s a blueprint for reshaping the future of Saudi Arabia’s F&B sector. Saudi Arabia’s Vision 2030 is creating a thriving environment for businesses, particularly within the hospitality and food and beverage (F&B) industries. With bold goals to attract 100 million visitors annually by 2030, Saudi’s transformation is not only about expanding infrastructure but also about creating a vibrant ecosystem for local F&B businesses to flourish. Here’s a breakdown of why Vision 2030 matters for the F&B industry: 𝗠𝗮𝘀𝘀𝗶𝘃𝗲 𝗧𝗼𝘂𝗿𝗶𝘀𝗺 𝗕𝗼𝗼𝗺: Saudi Arabia is rapidly evolving into a global tourist destination, with major initiatives like NEOM, AlUla, and Red Sea Project positioning the Kingdom as a leader in hospitality. This influx of tourists will naturally lead to increased demand for diverse dining experiences—from high-end luxury restaurants to local culinary ventures. For restaurateurs, this means unprecedented opportunities to reach new customers and grow their businesses. 𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝗟𝗼𝗰𝗮𝗹 𝗙&𝗕 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀: Vision 2030 is about more than just attracting international brands—it’s about nurturing homegrown talent. The government is providing support in the form of financial incentives, grants, and access to capital. Small and medium-sized enterprises (SMEs) in the F&B space now have better access to resources that were previously out of reach, allowing them to scale faster and operate more efficiently. This democratization of opportunity is leveling the playing field for F&B operators of all sizes. 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻𝘀: As the Kingdom builds out new cities and expands existing urban centers, there’s also a modernization of the entire supply chain infrastructure. Restaurants will no longer have to face the inefficiencies of fragmented supply chains. With increased focus on digitization, AI-driven logistics, and streamlined procurement, the industry will benefit from faster, more reliable delivery systems, ensuring restaurants can meet customer demand without sacrificing quality or efficiency. 𝗝𝗼𝗯 𝗖𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵: The F&B industry is poised to become a significant contributor to the Kingdom’s GDP under Vision 2030. With the creation of new restaurants, cafes, and food brands, the industry will generate thousands of jobs—boosting the economy and positioning Saudi Arabia as a hub for culinary excellence. How do you see the F&B industry evolving as Vision 2030 continues to unfold? #Vision2030 #F&B #SaudiArabia #EconomicGrowth #RestaurantIndustry #SupplyChain #Tourism

Only 1 day to go until FFCC Riyadh 2024, powered by Foodics - see you all there tomorrow! Get ready for an inspiring day packed with insights and networking opportunities. From balancing geopolitical trends with profitability, to leveraging Vision 2030 for industry growth, and exploring AI integration for smart restaurants, this event has it all. Join us for a day of thought-provoking sessions and valuable connections! Get your tickets now and secure your spot for this unmissable event! Agenda Highlights: 11:00 - Welcome Address 11:10 - Balancing Geopolitical Trends with Restaurant Profitability and Offerings 11:25 - Global Insights on the Future of Hospitality with a Focus on Experience, Design and Technology 12:00 - The Vision 2030 Initiative - A Growth Catalyst for the Restaurant Industry 12:50 - Saudi Arabia - Restaurant and Foodservice Trends 15:30 - Creating Value: Aligning  your Offerings with Customer Expectations 16:25 - Frozen Fries Frenzy: Unveiling Global Growth and the Impact of Saudi Arabia’s Local Footprint 16:30 - Data is the New Cooking Oil: Using Technology to Drive Digital Growth 16:35 - Closing the Gap with Digital Solutions for the Food Supply Chain 16:35 - Masterclass in Delivery: Boosting your Restaurant’s Profit with Every Order 17:15 - What Makes Top Brands Stand Out in a Competitive Market? 17:20 - Fast, Efficient, and Connected: Driving Energy Efficient and Digital Innovation in Quick Service Restaurants 17:30 - Putting Brand Licensing on your Plate! 17:40 - Local SEO: The Sectret to Getting Found on Page 1 Google without Spending Millions on Google Ads 18:15 - Driving Efficiency and Customer Experiences in your Drive-Thru Services 18:55 - Smart Restaurants: Ways to Integrate AI into your Day-Day Operations #FFCC2024 #Riyadh #FoodIndustry #Networking #Innovation

The UAE’s fast food sector is poised for significant growth, with projections showing the market reaching $19.98 billion in 2024 and $43.98 billion by 2029, driven by a 17.10% CAGR. The country’s economic resilience and robust tourism industry are key drivers of this expansion. Fast food holds the largest market share in major cities like Dubai and Abu Dhabi. This growth is not only impressive but indicative of the UAE’s ability to adapt and innovate in a competitive environment. How do you see the fast food industry’s evolution impacting your strategic planning in the coming years? #UAE #FastFood #FNB #Growth #Strategy #Finance #Economy #CFO https://lnkd.in/d_ccYuXa