Posted in kitchen remodel

Dubai’s Sweetheart Kitchen plans Saudi expansion

Dubai-based cloud kitchen company Sweetheart Kitchen said it plans to use funds from its recently concluded Series C round to expand its brands and reach in the region in addition to investing in technology and talent.

The 15-month old company had raised €15 million ($17.7 million) in Series C funding backed by “strategic investors” after raising a total of €21 million ($25 million) in previous Series A and B rounds.

Sweetheart Kitchen said in a statement that it plans to use the funds from the new round to launch five new brands, in addition to the 30 in its stable.

It said the company is targeting to have 12 units live in the UAE by the first quarter of 2021 and enter Saudi Arabia in the second half of 2021.

The funds will also be used to relaunch its Kuwait operations that were impacted by the pandemic lockdowns in the

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Posted in home

Saudi Tax Relief Unleashed for Home Buyers to Keep Boom Rolling

(Bloomberg) —

Saudi Arabia added new incentives to keep its mortgage boom going by scrapping a 15% value-added tax on property sales and offering other relief for home buyers amid a push by the Arab world’s largest economy to expand residential ownership.

Property transactions will instead be subject to a new 5% real estate sales tax, according to state-run news agency SPA. The government will also shoulder the cost of taxes for first-time home buyers of properties worth up to 1 million riyals ($267,000), according to a royal order published on Friday.

The threshold for the tax exemption was increased from 850,000 riyals previously for citizens buying their first homes.



chart, bar chart: Mortgage Boost


© Bloomberg
Mortgage Boost

Saudi Arabia’s mortgage market has emerged as a bright spot at a time the economy is reeling from the global pandemic and lower oil prices, with citizen unemployment hitting its highest level on record in the

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Posted in kitchen remodel

H2R Design Sinks Their Teeth into Colorful Burger Joint in Saudi Arabia

Diners have a variety of seating to chose from, including banquet tables and cozy nooks. Photography courtesy of H2R Design.

“Burgers” and “chic” are not words often found in the same sentence, but a new restaurant in Riyadh, Saudi Arabia is giving local foodies a treat for their eyes—and taste buds. Surround, a quality burger restaurant with an indulgent menu, enlisted Dubai-based H2R Design to create a minimal yet playful space that inspires a sense of community.

Planters bring the outdoors in. Photography courtesy of H2R Design. 

Rising to the challenge, H2R Designs created a colorful and engaging eatery full of quirky design features. To invite a childlike sense of exploration, the design team conceptually divided the interiors into “the workshop” and “the playground.” The former is an open-kitchen that allows customers to watch the chefs prepare their food, and the latter is the dining area, inspired by

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