Foodics aligns with Egypt Vision 2030, expands investments

13 / 05 / 2024

By Marwa Nassar - -

Foodics, the leading provider of restaurant management and financial tech solutions in the MENA region, has officially inaugurated its new office in New Cairo in Egypt, marking a significant milestone in the company’s ongoing growth within the Egyptian market.

Foodics’ alignment with Egypt Vision 2030 for digital transformation positions the company as a pivotal player in the future of the F&B industry.

The opening ceremony was graced by the presence of the Saudi Commercial Attaché, Anwar bin Hasusah, alongside Foodics Co-Founder and CEO, Ahmad Al-Zaini.

At the event, Foodics Egypt unveiled its new state-of-the-art office, a testament to its dedication to innovation beyond just technology. Designed to foster a dynamic and collaborative environment, the office not only boosts operational efficiency but also enhances the workspace for its employees. This strategic setup is key to expanding Foodics’ reach, delivering exceptional service, and reinforcing its status as a leader in the F&B sector.

Ahmed AlZaini, Foodics Co-Founder and CEO, stated “We are thrilled to unveil our new office in Egypt. This marks a significant milestone in our growth journey. We are confident that this strategic move will significantly strengthen our presence in the Egyptian market, allowing us to deliver the very best services to our valued customers. We extend our heartfelt gratitude to everyone who contributed to this remarkable achievement”.

Belal Zahran, General Manager of Foodics Egypt, added “The opening of this new office is not just a physical expansion, but a reinforcement of our commitment to providing top-notch solutions tailored to the unique needs of the local market. Foodics Egypt has witnessed remarkable growth, with business volume increasing by an average of three-fold annually in the last two years, and achieving growth rates of up to 50% in the first quarter of 2024. Starting with just four employees serving a small area in Cairo, now we boast a workforce of 100 employees and have expanded our reach to over 15 governorates. It’s an exciting time for us as we continue to innovate and grow alongside Egypt’s flourishing F&B sector”.

It’s important to note that Foodics provides a comprehensive range of tailored solutions for the F&B industry in Egypt. These include a cloud-based Restaurant Management System (RMS) and an all-inclusive Point of Sale (POS) system that centralizes operations from orders to inventory management.

Foodics Online enhances direct sales by enabling customers to order and pay through the platform, eliminating intermediaries and reducing commission costs. The Foodics Kiosk offers a self-ordering and payment solution to improve efficiency and profitability. Additionally, the Marketplace features a selection of external applications to enhance overall management.

Foodics Accounting, introduced in 2023, provides a specialized accounting solution for real-time financial data management. Furthermore, Foodics Marketplace offers various external applications that can be integrated with Foodics systems to improve the overall experience of managing restaurants and cafes.