{"id":36438,"date":"2024-11-14T11:45:20","date_gmt":"2024-11-14T08:45:20","guid":{"rendered":"https:\/\/entarabi.com\/?p=36438"},"modified":"2024-11-14T11:55:30","modified_gmt":"2024-11-14T08:55:30","slug":"ruya-partners-invests-15-5m-to-support-epik-foods-expansion","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/11\/ruya-partners-invests-15-5m-to-support-epik-foods-expansion\/","title":{"rendered":"Ruya Partners Invests $15.5M to Support Epik Foods&#8217; Expansion"},"content":{"rendered":"\n<p>Ruya Partners, a UAE-based, partner-owned private credit fund management firm, announced an investment of $15.5 million in Epik Foods, a UAE-based, technology-enabled omnichannel restaurant group that owns and operates various quick-service dine-in restaurants, digital brands, meal kits, and meal plans.<\/p>\n\n\n\n<p>This investment will help support Epik Foods&#8217; plans for expansion into the Saudi and UAE markets, as well as finance strategic acquisitions and provide liquidity to strengthen working capital.<\/p>\n\n\n\n<p>Epik Foods Global Holding was founded in 2017 through a partnership between KR&amp;CO founders Khaled Fadly and Ranya Basyuni and Gulf Islamic Investments (GII). The company was formed by merging three food tech companies in the UAE: Happy Platter Kitchen, Kreative Restaurant and Co, and Sweetheart Kitchen.<\/p>\n\n\n\n<p>Khaled Fadly, CEO and founder of Epik Foods, expressed his enthusiasm for the support provided by Ruya Partners, saying, &#8220;We are excited to have Ruya Partners&#8217; backing for our expansion in Saudi Arabia and the UAE, which will strengthen our vision for the company&#8217;s growth.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ruya Partners, a UAE-based, partner-owned private credit fund management firm, announced an investment of $15.5 million in Epik Foods, a UAE-based, technology-enabled omnichannel restaurant group that owns and operates various quick-service dine-in restaurants, digital brands, meal kits, and meal plans. This investment will help support Epik Foods&#8217; plans for expansion into the Saudi and UAE [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":36435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[6294,6293],"class_list":["post-36438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-epik-foods","tag-ruya-partners-2"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/36438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=36438"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/36438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/36435"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=36438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=36438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=36438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}