Wamda

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

huspy

U.A.E

Al Maya Group acquires majority stake in Conektr

UAE-based retailer Al Maya Group has bought a majority stake in the e-commerce platform Conektr for an undisclosed...

Al Maya Group Conektr E-commerce

U.A.E

Logistics platform Cartlow acquires Melltoo

UAE-based reverse logistics platform Cartlow, has acquired Melltoo platform for an unknown sum. Founded in 2019 by Anas ALkhaldi, M...

Cartlow melltoo Logistics

U.A.E

AstraTech acquires fintech app PayBy

UAE-based technology and Investment Group AstraTech, has acquired fintech platform PayBy for an undisclosed sum. Founded in 2019 by...

Astra tech

Kuwait

All Over Group’s Khaled Al Refaai acquires 25 pre cent of Blockat for $3.6 million

Khaled Al Rafaai, CEO of Kuwait-based media production company All Over Group, has acquired 25 per cent of e-commerce platform Blockat,...

Blockat

Egypt

Mohamed El-Sewedy acquires Magma via Averroes Ventures

Egypt-based Magma, a manufacturer of sportswear, has been fully acquired by its incumbent CEO Mohamed El-Sewedy via venture capital firm...

Magma

U.A.E

Anghami acquires live events management company Spotlight

UAE-based music streaming app Anghami has acquired the Dubai-based live events and concert company Spotlight Event for an unknown...

anghami Spotlight Event

U.A.E

Careem acquires money transfer technology platform Denarii

UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not...

Careem Pay careem Denarii

U.A.E

Careem acquires food delivery startup MUNCH:ON

UAE-based super app Careem has acquired food delivery subscription platform MUNCH:ON, as it looks to expand its offerings in the food...

Munch:On careem Food delivery

Egypt

MNT-Halan acquires Talabeyah for undisclosed amount

Egypt-based fintech MNT-Halan has acquired B2B e-commerce platform Talabeyah for an undisclosed amount. Founded in 2017 by Mounir...

MNT-Halan Talabeyah FMCG

Egypt

valU sells minority stake to Alhokair family

Egypt-based fintech valU has sold a minority stake of 4.99 per cent to members of Saudi Arabia’s Alhokair family for $12.4...

valu Alhokair EFG Hermes

Kuwait

Saudi Jadwa acquires majority stake in Kuwait’s Dabdoob

Saudi Arabia-based Jadwa Investment has acquired 70 per cent of Kuwaiti company Dabdoob Holdings, marking Jadwa’s first regional...

Jadwa Investment Dabdoob

U.A.E

UAE’s Augustus Media acquires CamPlus Sports

UAE-based Augustus Media has acquired CamPlus Sports, the Dubai-based sports system integrator, that portrays live matches and on-demand...

Augustus Media CamPlus

Jordan

US’ Novajax acquires Jordan's Jobedu

Jordan-based fashion brand Jobedu has been acquired by the US-based Web3 platform Novajax, for an unknown sum. Founded in 2007 by...

Novajax Jobedu Fashion

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