Wamda

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

Saudi Arabia

Sary, ShopUp join forces to create "SILQ" fuelled by $110 million investment

Saudi Arabia-based B2B marketplace Sary has merged with Bangladesh's ShopUp to form SILQ Group, which is backed by $110 million in...

SARY ShopUp E-commerce

Egypt

Grinta acquires Citi Clinic aided by strategic investment from Beltone, Raed Ventures

Egypt-based pharma-marketplace startup Grinta has raised an undisclosed funding round from Beltone Venture Capital and Raed...

Grinta healthtech

Egypt

PayTabs Group acquires majority stake in PayTabs Egypt

Source: Zawya PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent...

paytabs

U.A.E

Talabat fully acquires InstaShop for $32 million

Kuwait-born and UAE-based q-commerce and foodtech Talabat has completed the acquisition of 100% of instashop from Delivery Hero SE for...

talabat instashop

U.A.E

Capital Haus acquires strategic stake in Equity Story Group

Press release: Capital Haus, a UAE-based financial concierge firm specialising in tailored wealth management for high-net-worth...

Capital Haus Equity Story Group

Saudi Arabia

DHL enters Saudi logistics market by acquiring AJEX

German logistics company DHL eCommerce, the e-commerce logistics specialist of DHL Group, has acuired Saudi parcel logistics...

DHL AJEX Logistics

U.A.E

Pinewood.AI to acquire UAE’s Seez for $46.2 million

UK-based automotive intelligence platform Pinewood.AI has agreed to acquire Seez for $46.2 million in cash and shares. The share...

Seez Pinewood.AI

Egypt

Dubizzle acquires Egypt's online car marketplace Hatla2ee

UAE-based online classifieds platform Dubizzle Group has acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal...

Dubizzle Hatla2ee

Saudi Arabia

Mush Social acquires Pubbles to solidify its digital presence

Saudi Arabia-based social media platform Mush Social has acquired Pubbles, a Saudi social media app. The acquisition aims to...

Mush Social Pubbles

Saudi Arabia

Salla acquires Sweply, rebrands it as “Salla Ads”

Saudi Arabia-based SaaS provider Salla has entered into an agreement to acquire Sweply, an innovative Saudi digital advertising...

Salla Sweply SAAS

Egypt

Dsquares acquires majority stake in Prepit

Egypt-based loyalty and rewards solutions provider Dsquares has acquired a majority stake in the Egyptian B2B SaaS...

Dsquares Prepit

Egypt

Nawy acquires ROA to launch new products

Source: Daily News Egypt Nawy, Egypt’s leading proptech platform transforming real estate buying, selling, and investment, has...

Nawy ROA Proptech

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...

Kashat Raseedi Fintech

Oman

Oman Investment Authority invests in Elon Musk’s xAI

Oman Investment Authority (OIA) has invested in Elon Musk’s artificial intelligence startup, xAI, acquiring an undisclosed...

xAI Oman Investment Authority Elon Musk

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