Emblem of Foodics Saudi
Foodics, the Saudi-based thoroughly provider of cloud-based thoroughly POS and restaurant management methods, is planning an IPO on the Saudi Alternate (Tadawul), Usual Supervisor Kamal Marghlani talked about.
The IPO would possibly perhaps maybe well be the first Fintech to listing on the native inventory market, he told Bloomberg Asharq TV.
The company’s share of the cloud alternate ideas market in Saudi Arabia exceeds 25%, Marghlani talked about, revealing the launch of three contemporary e-fee products this 365 days, specifically show scanning, by project of the tablet for restaurants, and by QR codes.
Marghlani disclosed that the corporate intends to fabricate bigger previous the hot four countries: Saudi Arabia, the UAE, Kuwait and Egypt.