INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

UAE-based Grubtech ramps up international expansion

UAE-headquartered restaurant and cloud kitchen management platform Grubtech has launched operations in Egypt.
  • Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years ago
  • The company recently secured $13 million in Series A funding to support its aspirations to become the platform of choice for restaurants and cloud kitchens

UAE-headquartered restaurant and cloud kitchen management platform Grubtech has launched operations in Egypt as part of its ongoing international expansion strategy. The company has also appointed Osama Harfoush as Country Manager for the new market.

Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years ago. 

Disrupting the restaurant and cloud kitchen industry with a plug-and-play, all-in-one operating system has led to operational efficiency for the food and beverage sector and, in turn, a better dine-in and online ordering experience for customers.

The company recently secured $13 million in Series A funding to support its aspirations to become the platform of choice for restaurants and cloud kitchens, not only in the Middle East and Africa but also globally. 

The platform has increased its user base significantly since its launch in 2019, with operations now spanning 18 international markets. 

“The paradigm shift towards convenience driven purchases is becoming increasingly pervasive worldwide, and we see the same happening in Egypt,” said Mohamed Al Fayed, Grubtech’s Co-founder and CEO.

“In all key channels, takeaway and delivery transactions are expected to drive more revenues compared to dine-in transactions.”