Wamda

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Saudi Arabia

Saudi Arabia-based fintech Tabby has announced finalising an acquisition deal of Tweeq, a Saudi-based digital wallet licensed by the...

Saudi Arabia

Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown...

Saudi Arabia

Saudi Arabia-based e-commerce platform noon.com has completed its acquisition of the UAE-based fashion shopping platform...

Saudi Arabia

Saudi Arabia-based co-working space, The Space, has merged with Vibes for an undisclosed value. Founded in 2014 by Omar Al-Shabaan and...

Regional

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,...

U.A.E

UAE-based health insurance startup Sehteq is set to acquire Dawa Express for $3 million with the transaction to be completed by the first...

Egypt

Egypt-based pharmaceutical firm Ibnsina Pharma has acquired a 75 per cent stake in its compatriot digital pharmacy marketplace 3elagi...

U.A.E

For those who have been in the dark, Amazon has acquired Souq.com for over $650 million. The news of an acquisition of this size has...