Qatar

Under the agreement, Jahez will purchase 8,144,546 shares, representing 75% of Snoonu’s share capital, from existing shareholders for US$225 million.

By leveraging Pass’s extensive delivery network, Deliveroo is able to offer a seamless onboarding experience that helps partners become operational swiftly, minimizing delays that can affect business launch and service quality.

The QR20 billion (US$5.5 billion) investment underscores Qatar’s broader economic diversification goals under Qatar National Vision 2030, aiming to reduce reliance on hydrocarbons by bolstering the tourism and hospitality sectors.

HE Saad Bin Ali Al Kharji, Chairman of Qatar Tourism and Chair of the Board of Directors of Visit Qatar, credited the strong Q1 performance to the country’s long-term tourism development strategy.

To be located within Msheireb Galleria, the food hall will integrate seamlessly into a district that fuses Qatar’s cultural heritage with modern design and innovation.

The property features 256 guestrooms, including 32 suites and four opulent Royal Suites, along with 56 residences designed for extended stays.