Snoonu Reaches QR 1 Billion Valuation Following Strategic Deal with Jahez

Officials from Snoonu and Jahez Group announcing their strategic partnership, marking a major milestone for Qatar’s tech ecosystem and regional digital innovation

In a landmark development for the Gulf’s technology sector, Qatar’s fastest-growing tech startup, Snoonu, has entered into a strategic partnership with Jahez Group, a leading provider of on-demand services based in Saudi Arabia. This alliance is set to significantly enhance innovation and digital transformation across the region.

The agreement values Snoonu at over QR 1 billion, marking a historic achievement as it becomes the first Qatari technology startup to surpass this valuation. This milestone positions Snoonu on the path to becoming Qatar’s first unicorn, reinforcing its role as a key player in the region’s expanding tech landscape.
Hamad Al Hajri, Founder and CEO of Snoonu, stated:
 "This collaboration with Jahez marks a turning point in our journey. It represents not just a business partnership, but a union of shared aspirations—innovation, growth, and regional impact. Our combined expertise and vision will set new benchmarks in digital excellence throughout the GCC. Moreover, this step strengthens our unwavering commitment to contributing to Qatar’s dynamic and evolving technology ecosystem.”

Highlights of the Partnership:
Driving Innovation in Qatar: The partnership will bolster Snoonu’s mission to deliver cutting-edge digital solutions, while fostering local talent and attracting global professionals to the Qatari tech space.
Boosting Qatar’s Digital Economy: The investment signifies strong confidence in Qatar’s infrastructure and digital potential, positioning it as a leader in technological advancement within the region.
Enhancing Regional Collaboration: Merging Snoonu’s innovation-focused approach with Jahez’s operational expertise will elevate user experiences and reshape the digital economy across the GCC.

This partnership goes beyond financial backing — it reflects a shared vision to support technology for broader societal impact. By bridging markets, promoting digital excellence, and empowering innovation, Snoonu and Jahez aim to redefine the future of tech in the Middle East.