Saudi food delivery app DailyMealz raises $5m in pre-series A round

Dailymealz was founded in 2017 (Dailymealz)
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Updated 29 March 2022
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Saudi food delivery app DailyMealz raises $5m in pre-series A round

RIYADH: Saudi-based healthy food delivery app DailyMealz has raised $5 million in a pre-series A round from Saudi Airlines Catering and other investment firms. 

DailyMealz will use its new funding to expand geographically as well as introduce new products to support growth.

Founded in 2017, the startup partners up with restaurants and cloud kitchens to offer their food as meal plans for users, through a weekly and monthly subscription fee on its mobile app.


Qatar property transactions reach $177m in late December 

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Qatar property transactions reach $177m in late December 

JEDDAH: Qatar’s real estate transactions exceeded 657 million Qatari riyals ($177.4 million) in the week ended Dec. 25, underscoring steady property market activity. 

Data from Qatar’s Ministry of Justice showed that trading across Doha and other municipalities remained elevated, with residential unit sales recorded at 49.4 million riyals during the period, according to the Real Estate Registration Department. 

The figure marks a sharp increase from the previous week, when total real estate transactions reached about 463 million riyals. That earlier period included sales contracts worth 354.26 million riyals and residential unit transactions totaling 108.76 million riyals, the Qatar News Agency reported. 

Qatar’s weekly trading mirrors broader activity across the Gulf region, where major markets such as Dubai and Abu Dhabi have reported strong sales and stable prices, supported by robust residential and commercial demand. 

The weekly activity highlighted sustained investor confidence, reflecting the broader Gulf-wide trend in real estate heading into 2026. 

“The weekly bulletin issued by the department stated that the properties traded included vacant land, houses, residential buildings, residential complexes, commercial shops, commercial and residential buildings, a commercial and administrative building, and residential units,” the QNA report stated.  

Qatar property sales were concentrated in the municipalities of Al-Rayyan, Doha, Al-Wakrah, and Umm Slal, in addition to Al-Daayen, Al Khor, as well as Al Thakhira, and Al-Shamal. They also included key areas including The Pearl Island, and Al-Kharayej, along with Lusail 69, Al-Wukair, Ghar Thuaileb, and Al-Sakhama municipalities. 

The figures highlight sustained activity in Qatar’s real estate market, with a notable week-on-week increase in trading volumes as the year draws to a close. 

The weekly data align with a stronger performance earlier in the year. Qatar’s real estate sector showed resilience in the first half of 2025, supported by rising residential activity, steady office demand and growth in hospitality and retail, according to a September report by Knight Frank. 

Residential transaction values reached 9.23 billion riyals in the second quarter, up 114 percent year on year, led by Doha, Al Daayen and Al Wakrah. Apartment prices rose 3.5 percent to an average of 13,270 riyals per square meter, while villa prices edged lower. Land sales jumped 85 percent, and prime office rents in Lusail held steady at about 115 riyals per square meter. 

Qatar added 718 hotel rooms during the period, while retail assets maintained high occupancy levels, pointing to continued confidence among investors and consumers.