Foodics to dish out microlending products, plans to go public soon

CAIRO: Foodics, one of Saudi Arabia’s leading restaurant management startups, is planning its initial public offering in the Kingdom’s stock market soon, even as it is rolling out new services in a couple of months, said a senior company official.
In an exclusive interview with Arab News, Djamel Mohand, chief operating officer of Foodics, said that the company has the capability and resources to go public at any time, but it wants to do it the right way.