{"id":97017,"date":"2025-05-14T00:00:00","date_gmt":"2025-05-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/14\/modon-inked-sar-350-mn-worth-of-contracts-at-the-saudi-food-show\/"},"modified":"2025-05-14T00:00:00","modified_gmt":"2025-05-14T00:00:00","slug":"modon-inked-sar-350-mn-worth-of-contracts-at-the-saudi-food-show","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/14\/modon-inked-sar-350-mn-worth-of-contracts-at-the-saudi-food-show\/","title":{"rendered":"Modon inked SAR 350 mn worth of contracts at the Saudi Food Show"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">FOOD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Modon dou<\/strong><strong>bles down on food industry investments:<\/strong> The Saudi Authority for Industrial Cities and Technology Zones (Modon) signed a total of 10 industrial, investment, and logistics contracts worth SAR 350 mn on the sidelines of the Saudi Food Show, a post on <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1922012920872874463\" style=\"\" rel=\"noopener\">X<\/a> announced.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In CONTEXT- <\/strong>Modon is the key strategic partner of this year\u2019s <a target=\"_blank\" href=\"https:\/\/www.thesaudifoodshow.com\/sponsors-partner\/strategic-partner\" style=\"\" rel=\"noopener\">Saudi Food Show<\/a>, but its support for the F&B industry dates back to 2023 when it signed agreements worth USD 285 mn to localise the Kingdom\u2019s F&B industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">STARTUP WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt-base<\/strong><strong>d Flat6Labs added T-Gate to its investment portfolio<\/strong>, after the homegrown tech startup participated in the fifth cycle of Flat6Labs\u2019 Riyadh Seed Program, competing with more than 20 startups for prizes \u2014 including a three-year funding \u2014 the company said in a post on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/flat6labs_flat6labs-ksa-foodtech-activity-7327709162543493120-K7D5?utm_source=share&utm_medium=member_desktop&rcm=ACoAADKzrWYB_Vh_KTSGtQ4AAAAhQQSbfVysFkc\" style=\"\" rel=\"noopener\">LinkedIn<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About T-Gate: <\/strong>T-Gate is a middleware that connects food and beverage outlets with service providers, delivery apps, and point-of-sale systems, aiming to streamline communication between food tech businesses and other industry players.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Flat6Labs invested a total of SAR 5 mn in 10 Saudi startups in the fourth cycle of its Riyadh Seed Program <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/253f3044-13ae-4719-ad59-ef7858589dad\/cipher-secures-sar-50-mn-pre-ipo-funding-from-impact46#:~:text=Flat6Labs%20invested%20a%20total%20of%20SAR%205%20mn%20in%2010%20Saudi%20startups%20in%20the%20fourth%20cycle%20of%20its%20Riyadh%20Seed%20Program\" style=\"\" rel=\"noopener\">last December<\/a>, with each startup receiving SAR 500k in direct investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wyndham Hotels to set up 100 Super 8 hotels in the Kingdom<\/p>\n","protected":false},"author":1,"featured_media":97018,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,10,729,989,4262],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-97017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam-ksa","tag-flat6labs","tag-modon","tag-wyndham-hotels","wpautop","entry"],"acf":{"mongo_id":"2b9dc8ab-2905-4100-995a-1156b150ee8c","order":"13","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1103.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Modon 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