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Kuwait’s Raha Is An E-Grocery And Logistics Tech Startup
The company has already raised $7 million and plans to secure further funding to fuel GCC growth.
Launched in 2022, Raha, a Kuwaiti e-grocery and logistics startup founded by Saleh Al Tunaib, plans to disrupt the local food delivery sector using a mixture of advanced robotics and automation.
Raha offers a full range of fresh produce, groceries, and other household essentials. The company’s smart ordering platform leverages user data to provide a personalized experience, while a robot fulfillment team manages a mixture of products and made-to-order recipes inside Kuwait’s first fully automated distribution center.
Despite upfront costs, the robot-operated systems have better profitability margins from the third year onwards compared to conventional labor-intensive sorting and picking systems, Al Tunaib says: “it saves on manpower, it saves you the amount of real estate you require […] and it’s also very energy efficient”.
Saleh Al Tunaib began his career in Kuwait in 2010 and co-founded the crowdfunding platform Jaribha in 2011. By 2013, Al Tunaib was working at the OnCost Cash and Carry chain of grocery stores and had risen to the position of chief executive by 2016.
Also Read: Mobile Trends Shaping MENA In 2024
Due to changing habits in the wake of the pandemic, the MENA online grocery market is currently booming and was valued at $4.5 billion last year. The sector is forecast to grow massively by 2030, reaching a peak of $25 billion, according to consultancy firm RedSeer.
Since the launch, Raha has raised nearly $14 in seed funding and grown to become a multi-sector technology provider. The startup now has its sights firmly set on further GCC expansion.
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Lebanon Ministers Meet Visa Over National Digital Payment Platform
Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.
Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.
The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.
The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.
Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.
Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.
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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.
“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.
Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.
