On December 7, 2016, IM Capital finalized the matching capital investment terms in Taqa, wheat-free, vegan, and GMO-free bakery. Taqa was founded by a young energetic female entrepreneur dedicated to making local and healthy snacks for active lifestyles. Specialized in over the shelf products such as oat cookies, vegan maamoul, bread, and natural energy bars, Taqa drifts away from the modification of modern grains that cause sensitivities, ensuring the accessibility to healthy foods through a wide distribution network across the Middle East. Taqa products are now available in diversified points of sale such as select pharmacies, yoga centers, and coffee shops. A first boutique is expected to open by the beginning of 2017.