– Al Menu secured 38 million Saudi Riyals (USD 10.3M) in funding, led by Al Majdiah Investment, to expand its restaurant operations.
– The company plans to provide operational solutions to thousands of restaurants and cafes, aiming to reduce management costs and improve workforce efficiency.
– The investment aligns with Saudi Arabia’s Vision 2030 goals, strengthening the hospitality sector by offering innovative and competitive operational solutions.
Saudi-based Al Menu, a company specializing in restaurant operations, has secured 38 million Saudi Riyals (USD 10.3M) in a funding round led by Al Majdiah Investment and other investors.
The investment will fuel Al Menu’s expansion in the restaurant services sector, where it has shown notable growth by managing a wide range of restaurants and cafes, contributing to the development of a key industry in the Kingdom.
CEO Mamdoh Ali stated that Al Menu aims to provide operational solutions for thousands of establishments by lowering management costs and boosting workforce efficiency.
Nasser Al Majid, CEO of Al Majdiah Investment, emphasized that Al Menu is aimed at strengthening the role of this sector in achieving the Vision 2030 goals for the hospitality industry by offering innovative operational solutions at competitive prices, enhancing the efficiency of this promising sector, and boosting its investment appeal.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.
