Local food ordering platform and restaurant directory Elmenus tapped Walid El Saadany (Linkedin) as its new CEO to take over the role from company founder Amir Allam (Linkedin), the company said in a statement (pdf). “With nearly two decades of experience spanning entrepreneurship, logistics, venture capital, and platform scaling, Walid El Saadany brings a uniquely balanced perspective to Elmenus,” according to the statement, which highlighted his role in leading Otlob during its acquisition by Foodpanda and its agreement with Delivery Hero that saw the company rebrand as Talabat.

“It is now the right time to pass the baton as the company enters a new phase of sustainable growth building on the brand’s strong foundations and loyal customers. I remain fully committed as a board member and advocate of our mission to elevate Egypt’s food industry,” said outgoing CEO Allam, who had led the company since its founding in 2011.

Elmenus is doubling down on AI and building outside of Cairo after a furious battle for market share with deep-pocketed Talabat. The company has raised USD 30 mn in funding since Allam founded it 12 years ago from investors including our friends at Algebra Ventures as well as Careem and Global Ventures.

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