Featured Articles

Latest articles

The e-groceries market is currently worth $200 million in the GCC and Egypt, accounting for less than 1 per cent of the e-commerce space and so there is room for rapid growth.

While 58 per cent of consumers in the region still prefer to do their weekly shop instore at large supermarkets, a growing number, about 30 per cent, are taking advantage of the benefits of ordering their groceries through a mobile application or website.

The UAE is the country most comfortable with online food delivery, accounting for 4.81 per cent of the grocery market.

Consumers are spending close to $17 billion on food every year in the UAE, a substantial amount for a population that sits below 10 million. Saudi Arabia's 33 million spend $54 billion while Egypt's 98 million-strong population leads the way with $56 billion.

Partnering with startups to build scalable technology businesses

At Wamda Capital, we invest in transformational businesses and create meaningful partnerships with entrepreneurs. Our experience in launching and growing MENA businesses, together with a community of experts and mentors at the Wamda platform, mean our entrepreneur partners are uniquely placed to realize their vision.

Learn more