Wamda

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...

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

U.A.E

Aliph Capital acquires 25% stake in SANIPEX GROUP

UAE-based private equity manager Aliph Capital has invested in UAE’s lifestyle product supplier, SANIPEX GROUP, for a 25% stake....

Aliph Capital SANIPEX GROUP

Saudi Arabia

Rio Ferdinand acquires share in Koora Break

Saudi sports platform Koora Break has raised an investment from the former England and Manchester United footballer Rio Ferdinand. The...

Koora Break Rio Ferdinand

Jordan

Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3

Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a...

Mawdoo3 Naif Al Rajhi Investment

Iraq

Iraqi edtech Eduba acquired for a seven-figure amount

Iraq-based edtech Eduba was acquired by an undisclosed telecommunications conglomerate for a seven-figure amount. Founded in Baghdad...

Eduba EdTech

Saudi Arabia

Ayen acquires Elmawkaa in a seven-figure deal

Saudi Arabia-based proptech Ayen has acquired the Egyptian contech Elmawkaa in a SAR seven-figure transaction that will see Ayen...

Ayen Elmawkaa Proptech

U.A.E

UAE’s Best Kept Shared acquires BAZAARA

UAE-based e-commerce platform Best Kept Shared has acquired the UAE’s peer-to-peer (P2P) fashion resale platform BAZAARA for an...

Bazaara Best Kept Shared Fashion

Saudi Arabia

Jetapult pumps $4.5 million in Saudi game studio UMX

Saudi Arabia-based game studio UMX has raised $4.5 million from Jetapult, an investment company backed by Accel Partners. As part of...

UMX Studio Jetapult Gaming

Saudi Arabia

Tawaref acquires Amaana.ai to bolster MENA tech community

Saudi Arabia-based investment community Tawaref has acquired Amaana.ai, a Saudi company facilitating business entry into Saudi Arabia,...

Tawaref Amaana.ai

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Egypt

Sultan Ventures acquires Acasia Group to extend foothold in MENA

US-based VC firm Sultan Ventures has acquired the Egyptian angel investment syndicate and incubator, Acasia Group, for an unknown...

Sultan Ventures Acasia Group

Egypt

Entlaq acquires a stake in Egypt’s Brotinni

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed...

Brotinni Entlaq foodtech

U.A.E

Tarabut acquires UK payments platform Vyne

UAE-based open banking platform Tarabut has acquired the London-based fintech Vyne. This acquisition bolsters Tarabut’s ability...

Tarabut Fintech Vyne

Saudi Arabia

Tabby to acquire Saudi fintech Tweeq

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

Tabby Tweeq Fintech

Kuwait

Kuwaiti proptech Sakan acquires Qatar’s Hapondo

Kuwait-based proptech Sakan has acquired the Qatari company Hapondo for an unknown amount. Founded in 2016 by Abdullah Al-Saleh, Sakan...

Sakan Hapondo Proptech

U.A.E

Meteora acquires property crowdfunding platform Maisour

UAE-based real estate developer Meteora Developers has acquired the Emirati property crowdfunding platform Maisour in a...

Meteora Maisour

U.A.E

Majarra acquires Arabic AI/NLP startups Lableb

UAE-based Majarra, An Arabic digital content provider, has acquired the UAE-based NLP technology provider, Lableb, for an undisclosed...

Majarra Lableb

U.A.E

Muller & Phipps Middle East fully acquires Power League Gaming

MENA based Technology distribution house, Muller & Phipps Middle East Group has acquired The UAE-based gaming and esports agency,...

Muller & Phipps Power League Gaming

U.A.E

India’s CoinDCX acquires BitOasis in MENA expansion bid

India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed...

BitOasis CoinDCX cryptocurrency

Egypt

Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash

Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%...

e-Finance Al Ahly Momken EasyCash

Egypt

Egypt's EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth

Egypt’s investment bank, EFG Hermes, a subsidiary of EFG Holding, has acquired a minority stake in the Danish digital wealth...

Kenzi Wealth EFG Hermes

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