Hamad Al -Hajri: Our goal is to build a regional technical champion that collects the values of innovation, excellence and sustainable growth
Gatebane Al -Mandeel: Opening new horizons for users, while providing reliable services with international standards
Snowno, the fastest growing Qatari technical company, has announced its joining the “ready” group, the leading system of delivery services on demand in the Kingdom of Saudi Arabia, to open a new chapter in the march of digital transformation in the Gulf region. According to this deal, the value of “Snono” crossed the billion Qatari barrier, thus becoming the first Qatari startup in the field of technology to achieve this achievement, paving the way to be the first “unicorn” of Qatari, and building one of the strongest technical entities in the Gulf Cooperation Council countries. This deal represents a strong emphasis on the confidence in the “Snono” growth path, and in support of its regional expansion plans and enhancing its innovative capabilities through its various platforms.
The deal includes many advantages for the two parties, which revolve around several things, including:
– Empowering local innovation, as this step contributes to accelerating the “Snono” mission to provide advanced technical solutions, enable local competencies, and attract creative minds from around the world to support the growth of the technical system in Qatar.
-Enhancing the Qatari digital economy, as this deal reflects the great confidence in the Qatar digital structure and its ability to lead in the field of technology.
-Regional integration, as this alliance combines the dynamism that is characterized by “Snono” and the extensive experience of a “ready” group to build a strong entity that reshapes the experience of the digital economy in the Gulf countries.
This strategic deal is not only a commercial cooperation, but rather a commitment to building a future in which technology contributes to linking societies and improving the quality of life, while strengthening Qatar’s position as a leading center for digital transformation in the region.
A milestone in the Sinonu march
On this occasion, Mr. Hamad Mubarak Al -Hajri, founder and CEO of Snowo, said: “This strategic partnership is with a ready -made group of a milestone in the Sinonu march, where we build together a real regional technical hero based on a common vision that combines the values of innovation, excellence and sustainable growth through unifying our experiences and deep knowledge of local markets, where it seeks to set new standards in the digital economy Al -Khaleeji ».
He added: «This partnership confirms our continuous commitment to Qatar as a market full of opportunities, and supports the ongoing Snono growth journey towards leadership, will continue to work together to accelerate the pace of innovation, create added value to our users and our commercial companies, and provide exceptional technical experiences worthy of the aspirations of the region.
An attractive platform for technological innovation
In response to a question to Al -Arab during the press conference to announce the details of the deal and how it will contribute to strengthening the aspirations of Snono at the local and regional levels. Snow also seeks to be an attractive platform for technological innovation and entrepreneurship in the region, taking advantage of the advanced infrastructure in the State of Qatar and strong government support for the knowledge economy according to Vision 2030.
He also pointed out that the company is working to develop an integrated business environment that embraces emerging projects, and enhances Qatar’s position as a digital investment axis in the region, noting that the next stage will witness the launch of qualitative initiatives in the areas of artificial intelligence, digital trade, and smart supply chains.
A common commitment to innovation and expansion
For his part, His Royal Highness Prince Mishaal bin Sultan bin Abdulaziz Al Saud, Chairman of the Board of Directors, said that the group was launched with a clear vision to be a pioneer in the field of technology, and today it is proud of this partnership with Snono, one of the most prominent Qatari success stories to be a strategic step towards building the future of technology and digital trade in the region. He also explained that this partnership combines two pioneering local powers, embodies the joint commitment to innovation and regional expansion and support the next stage of digital growth, in order to enhance the position of the Gulf region as a center for innovation.
Providing reliable services with international standards
In turn, Eng. Ghassab Al -Mandeel, CEO of a ready group, confirmed that this partnership represents a real gain for both parties with the group’s regional presence expanding and said: “Snowono will benefit from the ready -made infrastructure and its wide operational capabilities, while we add to our wallet a high -performance Snono platform and its distinguished team. We bring us together and Senno, the spirit of entrepreneurship, and we have proven our ability to achieve sustainable growth in a competitive market together, we will open new horizons for users and commercial partners, and will continue to provide reliable services with international standards, while enhancing the value provided to shareholders.
Exchanging investments and enhancing partnerships
For his part, Mr. Abdul Rahman bin Hisham Al -Suwaidi, CEO of Qatar Development Bank, expressed his happiness with the completion of this deal, saying: “We bless Sinno this exceptional and first of its kind at the level of emerging local companies, which opens broader horizons for the private sector to enhance its regional and global presence. Where Snono has emerged through this deal, as a model for the leading companies at the national level, highlighting the remarkable development achieved by the companies operating in Qatar recently. It also reflects the aspirations of both countries in the exchange of investments and the strengthening of partnerships, especially between the two private sectors of both. He added: «A deal of this size requires tremendous efforts and unparalleled perseverance, and this is what Snonu has provided since the start of its promising journey, which was supported by Qatar Development Bank, as the first institutional investor in the company through two investment tour led by the investment arm of the Qatar Development Bank.
New successes at the region level
The bank’s support was not limited to investment only, but also contributed through active participation in the membership of the company’s board of directors by expanding strategic Snono activities within the Qatari market, by focusing on providing services within additional sectors and joint developmental visions with the company’s team.
Al -Suwaidi also stressed that this deal, which exceeded the billion Qatari barrier, is one of the signs of success in the bold investment climate for the State of Qatar, as it enhances the capabilities of the business environment in building promising technical companies, capable of global expansion, and the continuation of Qatar Development Bank to provide all means of consultative and investment support to the various strategic sectors and attract startups to take Qatar as its headquarters ».
About Snonu
Snowno was founded in 2019, a leading Qatari technology company and a comprehensive super application, which has a shift in e -commerce, smart services and services upon request. In line with Qatar’s vision of the diverse cognitive economy, Snowno leads innovation in the areas of rapid trade, logistical services for the last stage, and digital business solutions, by linking customers, merchants and partners across Qatar.
As the fastest growing technical company in Qatar, Snowno is a basic pillar in the country’s digital transformation process, as it provides innovative solutions that facilitate the lives of individuals and the enabling societies, and continues to expand their impact at the region level to redefine a modern lifestyle.
About a ready -made group
The “ready” group runs a number of brands and subsidiaries that provide services on demand, fast trade, delivery and cloud services solutions, linking customers, merchants and delivery partners in more than 100 cities inside the Kingdom, in addition to Bahrain and Kuwait.
Since its inception in 2016, the “ready” platform has been one of the most prominent forces to shift towards online food request in the Kingdom, with the support of the spread of smart devices and the culture of delivery.
At the end of 2024, the group was running a network of more than 45 thousand merchant branches, serving more than 4.3 million active users and more than 53 thousand delivery partners, providing a wide range of logistical services and delivery services across its main business sectors.