News and Information

News, company info, and media resources

We're here to help. During regular business hours (8:00 a.m - 5:00 p.m.) members of the media should email us at media@madfooat.com.

FORBES

MadfooatCom is named to Forbes ME’s “Top 100 Startups in the Arab World”
"The startup scene in the Arab world continues to boom, culminating this year in several high value deals. These include the acquisition of Souq. com by Amazon, construction major Emaar Malls buying a majority stake in Namshi.com, and Careem raising half a billion dollars from the likes of Rakuten Inc., STC Ventures, Kingdom Holding Company and Daimler…"

ENTREPRENEUR

MadfooatCom Envisions Cashless Payments in Jordan and Across the Middle East
“The popular saying, ‘Necessity is the mother of invention,’ best describes Nasser Saleh’s start as an entrepreneur, when he returned to settle down in Amman, Jordan, after years of living abroad. Spending hours in long queues trying to pay his utility bills in cash (they did not even accept his credit card) stimulated his ingenuity to solve the difficulties…”
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