THE MIDDLE EAST’S

72. Talabat Holding

Country: U.A.E.
Sector: Foodtech
CEO: Toon Gyssels
Market Value: $5.9 billion

Founded in Kuwait in 2004, Talabat operates a food ordering, delivery, and grocery platform across eight MENA markets. The company reported $1.6 billion in total assets and $4.7 billion in revenue from September 2024 to December 2025. Its customer base grew 19% year on year to 7.6 million monthly active users in 2025. In February 2025, Talabat Holding acquired InstaShop in a $32 million deal.