Saudi Arabia Hala acquires UAE fintech Paymennt.com Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown... News • 14 February, 2023 Hala Paymennt.com M&A
Saudi Arabia noon acquires Namshi for unknown sum Saudi Arabia-based e-commerce platform noon.com has completed its acquisition of the UAE-based fashion shopping platform... News • 13 February, 2023 noon.com Namshi M&A
Saudi Arabia The Space merges with Vibes to form co-working space network in KSA Saudi Arabia-based co-working space, The Space, has merged with Vibes for an undisclosed value. Founded in 2014 by Omar Al-Shabaan and... News • 12 February, 2023 The Space Vibes M&A
Regional A breakdown of Mena exits in 2022 In total, 57 Mena-based startups exited through M&As in 2022, a 30 per cent increase from the previous year. A further... Wamda • 06 February, 2023 exits
Regional What awaits startup exits in Mena? Looking back, the year 2021 was hard to emulate. After the pandemic-induced funding boom seen in 2021 and the first few months of 2022,... Dunya Hassanein • 31 January, 2023 M&A exits Exit
Bahrain Beyon Cyber acquires DTS Solution Beyon Cyber, a Bahrain-based cyber security solutions provider, has acquired a majority stake in UAE-based counterpart DTS Solutions.... News • 19 January, 2023 Beyon Cyber DTS Solution
Egypt Egypt’s GBarena acquires Tunisia’s Galactech in a $15 million share swap deal Egypt-based esports platform GBarena has acquired Tunisia’s Galactech for $15 million, in the form of a share swap. This... News • 17 January, 2023 Gbarena Galactech
U.A.E UAE’s Astra Tech acquires Botim UAE-based tech firm Astra Tech has acquired the voice-calling app “Botim”, with the aim of creating a super app with instant... News • 12 January, 2023 Botim Astra tech Superapp
Saudi Arabia Growth Avenue Company acquires 20 per cent stake in SororApp Growth Avenue Company has acquired a 20 per cent stake in Saudi Arabia-based on-demand delivery app SororApp, for an undisclosed... News • 02 January, 2023 SororApp Delivery Growth Avenue Company
Egypt PTS Investments Holdings partially acquires Egypt’s EDAM US-based PTS Investments Holdings has partially acquired Egypt-based healthtech EDAM through its operating company in Egypt. The value... News • 12 December, 2022 EDAM
Regional Saudi fintech PayTabs acquires Turkey’s Paymes Saudi Arabia-based fintech PayTabs, has fully acquired Turkish social commerce platform Paymes for an unknown amount. Under the terms... News • 12 December, 2022 paytabs Fintech Paymes
Iraq Iraqi delivery app Lezzoo acquires Saydo Iraq-based on-demand delivery app Lezzoo has acquired the compatriot marketplace Saydo, for an undisclosed amount. The acquisition... News • 07 December, 2022 Lezzoo Saydo b2b
Egypt Morni invests $10 million in Egypt to acquire mobility startups Saudi Arabia-based mobility solutions platform Morni is planning to invest $10 million to target new acquisitions in Egypt in the... News • 06 December, 2022 Morni Exists.me
U.A.E UAE’s Cavendish Maxwell to acquire majority stake in Property Monitor UAE-based real estate advisory Cavendish Maxwell, has acquired a majority stake in proptech company Property Monitor for an unknown... News • 06 December, 2022 Cavendish Maxwell Property Monitor Proptech
Saudi Arabia Saudi Jahez acquires The Chefz for $172.9 million Saudi Arabia-based food delivery app Jahez has fully acquired The Chefz, a Saudi Arabia-based dessert delivery platform for $172.9... News • 30 November, 2022 Jahez The Chefz Food delivery
Saudi Arabia Saudi Arabia’s Paytabs acquires Digital Pay Saudi Arabia-based fintech PayTabs, will fully acquire compatriot point of sale (POS) provider Digital Pay, for an unknown... News • 02 November, 2022 paytabs Digital Pay
Jordan US Fresh Del Monte invests in Jordanian agritech Decapolis US-based agriculture company Fresh Del Monte Produce has acquired a 39 per cent stake in Jordanian agritech Decapolis. Founded in 2018... News • 19 October, 2022 Fresh Del Monte Decapolis agritech
U.A.E Saudi Arabia’s Unifonic acquires Turkish Sestek Saudi Arabia-based communication platform as a service (CPaaS) provider Unifonic, has acquired the Turkish conversational automation... News • 13 October, 2022 Unifonic Sestek CPaaS
Oman Mexico’s Kavak merges with Carzaty to expand to GCC Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player... News • 12 October, 2022 Kavak Carzaty
U.A.E MoneyGram acquires minority stake in UAE’s Jingle Pay UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent... News • 05 October, 2022 MoneyGram Jingle Pay
Global oktopi acquires UK edtech Tutor House UAE-based edtech oktopi, has fully acquired UK-based tutoring platform Tutor House. Founded in 2021 by Emilie Thomas and Fadi Abbas,... News • 29 September, 2022 oktopi acquisition EdTech
Egypt ECC Group acquires majority stake in Source Beauty Egypt-based cosmetics company ECC group has acquired a majority stake in beauty products marketplace Source Beauty, for an unknown... News • 14 September, 2022 cosmetics Source Beauty ECC Group
Jordan Sowt Media acquires UAE’s Finyal Media Jordan-based Sowt Media has acquired UAE-based podcast production company Finyal Media for an undisclosed amount, financed by the US... News • 12 September, 2022 Finyal Sowt Media production
U.A.E Huspy acquires Just Mortgages, Finance Lab UAE-based proptech Huspy, has acquired two mortgage brokerages: Just Mortgages and Finance Lab. The founding teams of both companies are... News • 23 August, 2022 huspy