Wamda

Egypt

Dstny acquires Egypt-founded Tactful AI

Belgium-based business communications provider Dstny, has acquired Egypt and UK-based Tactful AI for an undisclosed sum. Founded in...

Tactful AI

Egypt

Amazon acquires 4 per cent of valU for $10 million

Amazon has agreed to acquire $10 million in EFG Hermes GDRs, with the option to replace it with future investment in valU. This...

Amazon valu EFG Hermes

U.A.E

CE-Creates merges with hatch & boost in Mena’s first venture-builder merger

UAE-based incubator CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of hatch & boost,...

CE-Creates hatch & boost

Egypt

Saudi GLT Express acquires Egypt’s Gallop Express

Saudi Arabia-based logistics company GLT Express has acquired Gallop Express, an Egyptian logistics startup for an undisclosed...

Gallop Express GLT Express GLT Holdings

Egypt

Egypt’s PIE acquires Exits for unknown amount

Egypt-based Mergers and Acquisitions Advisory Firm PIE has acquired Exits, a regional online marketplace for buying and selling...

PIE exits acquisition

Saudi Arabia

Saudi AlGooru acquires edtech ChillLearn

Saudi Arabia-based edtech AlGooru has announced the acquisition of Jeddah-based ChillLearn for an unknown amount. Founded in 2019 by...

AlGooru ChillLearn EdTech

Saudi Arabia

Taker acquires Brisk Delivery

Saudi Arabia-based foodtech Taker, has fully acquired Brisk Delivery for an unknown amount. Founded in 2019 by Abdullah Alsaadi, Taker...

Saudi Arabia Taker Brisk

Lebanon

JumpCloud acquires Lebanon-born MYKI

US-based cloud management platform JumpCloud has acquired the Lebanon-born cyber security company MYKI for an undisclosed...

JumpCloud MyKi

Egypt

Egypt’s Homzmart acquires German technology company MockUp Studio

Egypt-based online furniture marketplace Homzmart, has announced the acquisition of German technology company MockUp Studio for an...

Homzmart MockUp Studio

Egypt

Saudi Arabia’s Sary acquires Egypt’s Mowarrid

Saudi Arabia-based B2B e-commerce platform Sary has acquired Mowarrid, an Egypt-based B2B marketplace, for an undisclosed...

SARY Mowarrid E-commerce

U.A.E

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

Cleartrip Wego Travel

U.A.E

Letswork acquires Portugal-based Krow

UAE-based shared spaces marketplace Letswork has acquired Portugal-based Krow, marking the startup's first expansion outside its...

Letswork

Regional

Key exits of 2021 and what they mean for Mena's startup ecosystem

The year 2021 witnessed a major fillip to the region's tech ecosystem, both in terms of the amount of money raised and the number of...

exits

U.A.E

Proptech Huspy acquires UAE-based Home Matters

UAE-based proptech Huspy has acquired Home Matters, a mortgage consultancy for the UAE and UK markets. The combined...

Proptech huspy

Kuwait

Kuwait’s VO acquires Duwaween Game

Kuwait-based integrated youth platform for incubating young talent VO has acquired Kuwaitit games app Duwaween Games, with a post-money...

Duwaween Game VO

Saudi Arabia

FOODICS acquires Jordan's POSRocket

Saudi Arabia-based fintech and foodtech startup FOODICS has fully acquired the Jordan-based POS service provider POSRocket for an...

Foodics posrocket

Egypt

Minly acquires UAE’s shoutout platform Oulo

Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to...

Minly oulo

U.A.E

UAE’s Swvl expands into Latin America by acquiring Argentina's Viapool

UAE-based Swvl has entered the Latin American mobility market by acquiring a controlling stake in Argentina's Viapool for...

Swvl Latin America

U.A.E

Etisalat acquires UAE-based elgrocer

Telecoms operator Etisalat has fully acquired UAE-based elgrocer, an e-grocery startup for an undisclosed sum. Founded in 2015 by...

elGrocer etisalat e-grocery

Qatar

Nigeria-based Helium Health acquires Qatar’s Meddy

Nigeria-based healthtech startup Helium Health has acquired Meddy, a Qatar-headquartered and UAE-based doctor booking platform for an...

Helium Health Meddy

Bahrain

Bahrain’s Investcorp acquires British fintech MIR Limited

Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an...

Investcorp MIR Limited Fintech

Saudi Arabia

SRMG acquires 51 per cent of Saudi podcast platform Thmanyah

Saudi Research & Media Group (SRMG) has acquired a controlling stake (51 per cent) in Arabic podcast platform Thmanyah. Founded...

Thmanyah SRMG

Saudi Arabia

NBM acquires 9 per cent DIGGIPACKS stake for SAR15 million

National Building and Marketing (NBM) has acquired a 9 per cent of stake in Saudi Arabia-based last mile delivery aggregator DIGGIPACKS in...

Diggiepack National Building and Marketing

Saudi Arabia

Fastcoo and Tracking merge in $720,000 deal

Saudi-Arabia based software company Fastcoo, and Tracking, a GPS tracking system, have merged in a deal valued at SAR 2.7 million...

Fastcoo Saudi Arabia Tracking

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