Wamda

Bahrain

Paribu acquires CoinMENA in a transaction valued at up to $240 million

Paribu, Türkiye’s leading digital asset platform, has completed the country’s largest fintech transaction to date by...

U.A.E

DataCamp enters the Middle East with Optima acquisition

US- and London-based edtech DataCamp has acquired UAE-based Optima, an AI-native learning platform that personalises lessons, pacing,...

DataCamp Optima EdTech

Saudi Arabia

WakeCap acquires Trackfy to expand into Latin America

Saudi Arabia-based contech WakeCap has acquired Brazil’s Trackfy, a workforce safety and operational intelligence platform serving...

WakeCap contech

Morocco

ORA acquires Cathedis in Morocco’s first locally funded startup merger

Moroccan superapp ORA Technologies and Azur Innovation Fund have acquired Cathedis, marking the first-ever consolidation between...

Ora Technologies Azur Innovation Fund Cathedis

Saudi Arabia

PIF, Aramco join forces through HUMAIN to accelerate Saudi Arabia’s AI ambitions

PIF and Aramco signed a non-binding term sheet to combine their artificial intelligence (AI) assets and work jointly through HUMAIN, a...

Humain PIF Aramco

Egypt

Wuzzuf and Forasna parent BasharSoft acquires iCareer

Egypt-based BasharSoft, the company behind Wuzzuf and Forasna, has fully acquired iCareer, Egypt’s HR consultancy startup, for an...

BasharSoft iCareer

Saudi Arabia

Qashio acquires Sanad Cash to accelerate Saudi expansion

UAE-based fintech Qashio, the UAE’s leading corporate spend management platform, announced the acquisition of Saudi Arabia’s...

Qashio Sanad Cash

U.A.E

Careem acquires minority stake in Swapp, doubling down on car rentals

Careem has acquired a minority stake in Swapp, the UAE-based car rental and subscription platform, deepening the partnership that began...

careem Swapp

Egypt

Duaya acquires EXMGO in six-figure deal, relaunches as Duaya Go

Egypt-based healthtech Duaya has acquired EXMGO, an Egyptian SaaS provider for pharmacies and medical businesses, in a six-figure...

Duaya EXMGO

Saudi Arabia

Impact46 acquires Saudi gaming studio Kammelna for $53 million

Saudi Arabia-based VC Impact46 has acquired the Saudi game development studio "Kammelna" for $53 million. Founded in...

Impact46 Kammelna

Egypt

Tactful AI founders reacquire company from Dstny

Tactful AI, the Egypt-born AI startup for customer experience (CX) management, has been reacquired by its original founders Mohamed...

Tactful AI Dstny

Qatar

Jahez acquires 76.56% stake in Qatar’s Snoonu in $245 million deal

Saudi-listed Jahez Group has signed a definitive agreement to acquire 76.56% of Qatar’s Snoonu, a leading e-commerce and on-demand...

Jahez Snoonu

U.A.E

Stryde acquires Qora71, launches Stryde71 to expand global VC access

UAE-based digital investment platform Stryde has acquired Qora71 and rebranded it as Stryde71. The move marks Stryde’s entry...

Stryde Qora71

U.A.E

Lottery.com acquires majority stake of Nook Holdings, rebrand as Sports.com hub

Lottery.com has signed a $2.5 million agreement to acquire a 90% stake in Nook Holdings, a sports and wellness incubator based in...

Lottery.com Nook

Saudi Arabia

MRSOOL eyes IPO after NOMW Capital majority acquisition

NOMW Capital, a CMA-licensed Saudi investment firm, has acquired a majority stake in MRSOOL, an on-demand delivery platform in the...

NOMW Capital MRSOOL

U.A.E

Tech Universal Ventures expands footprint with dual acquisitions in UAE, Sweden

UAE-based Tech Universal Ventures (TUV) has acquired FixSquad (UAE) and ELVA11 (Sweden) as part of a strategic push to expand its...

Tech Universal Ventures TUV FixSquad

Egypt

MaxAB-Wasoko acquires Fatura as EFG Finance joins board

EFG Finance, part of EFG Holding, has approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, a regional retail and...

EFG Finance MaxAB-Wasoko Fatura

U.A.E

CPX Holding acquires spiderSilk to drive global cybersecurity expansion

UAE-based CPX Holding has acquired spiderSilk, a UAE-based cyber-AI startup, including its leading platform for managing exposure,...

CPX Holding spiderSilk cybersecurity

U.A.E

Foras acquires 10% stake in Canater in a $1 million deal

UAE-based logistics and supply chain startup Canater has raised $1 million in investment from Foras for 10% equity. Founded in...

Foras Canater Logistics

Saudi Arabia

Calo expands into UK by acquiring two local companies

Saudi Arabia-headquartered foodtech Calo has expanded into the UK by acquiring Fresh Fitness Food and Detox...

Calo foodtech

Saudi Arabia

Miran, Welnes merge to build a powerful health & fitness app

Press release: Miran, an AI-driven health and fitness app, and Welnes, a leading fitness community platform, are proud to announce their...

Welnes Miran

Egypt

DPI acquires Egypt’s fintech fund Nclude, launches Africa-focused VC arm

UK-based VC firm Development Partners International (DPI), an Africa-focused private equity firm, has taken over management of Nclude,...

Development Partners International DPI Nclude

U.A.E

Dubizzle expands real estate intelligence capabilities with Property Monitor acquisition

Dubai-based online classifieds platform Dubizzle Group has acquired Property Monitor, a UAE-based proptech, for an undisclosed...

Dubizzle Property Monitor Proptech

Jordan

Seesaw acquires Little Thinking Minds to expand learning solutions globally

US-based edtech Seesaw has acquired Jordan's Little Thinking Minds for an unknown value. Founded in 2004 by Lamia Tabbaa...

Seesaw little thinking minds EdTech

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you