M&A
News
+2
Mar 13, 2026
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2 min read
Egyptian martech startup Converted acquires fashion e-commerce platform Mitcha
Mitcha's network of more than 300 local fashion designers will be integrated into Converted's AI-powered advertising platform, which serves thousands of merchants across Egypt and Saudi Arabia and is launching a new product that ties ad spend directly to verified sales rather than clicks.
Morocco
+4
Mar 13, 2026
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3 min read
inDrive acquires Pakistan's Krave Mart as the ride-hailing app pushes deeper into quick commerce
The all-stock deal, first agreed last year, has been approved by Pakistan's Competition Commission. inDrive is already the most downloaded ride-hailing app in Pakistan, Egypt, and Morocco, and has been scaling grocery delivery in the country since January through a partnership with Krave Mart.
Startups
+3
Feb 14, 2026
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3 min read
Dubai's AlgoDriven acquired by Emergence in all-cash deal after scaling revenue 5x since Series A
Founded in 2017 by Glenn Harwood and Jaron Crossland, the automotive AI and data platform counts Oman Technology Fund, Global Ventures, 500 Global, Automotive Ventures, and Oraseya Capital among exiting investors.
Startups
+3
Feb 12, 2026
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2 min read
UAE legaltech startup Clara acquired by Singapore’s Ascentium
Founded in 2018, Clara raised approximately $5.6 million across multiple rounds from investors including Techstars, 500 Global, Wamda Capital, and Shorooq.
Jordan
+5
Jan 26, 2026
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2 min read
Jordanian edtech Abwaab acquires Apex to scale elite college admissions across the Middle East
The deal adds Oxford, Ivy League, and top US admissions expertise to Abwaab’s growing education ecosystem.
Fintech
+4
Dec 5, 2025
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3 min read
CoinMENA acquired by Paribu in up to $240M deal, marking Türkiye’s largest fintech transaction
The Turkish crypto giant gains VARA and Bahrain licenses through its purchase of CoinMENA, expanding regulated operations into the MENA region as consolidation accelerates across digital asset markets.
Startups
+3
Dec 3, 2025
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3 min read
GlobalFoundries acquires Egypt’s InfiniLink months after its $10M seed round
The Cairo chip startup gives GlobalFoundries new silicon photonics design depth as AI data centres shift from copper to optical interconnects.
News
+2
Nov 12, 2025
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3 min read
DataCamp acquires UAE’s Optima in $15 million deal to embed AI-native learning into its global platform
The US edtech company will integrate Optima’s adaptive AI technology and launch free data and AI courses for UAE educators, students, and government employees as part of its first regional initiative.
Fintech
+3
Nov 4, 2025
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2 min read
Ora Technologies and Azur Innovation Fund acquire Cathedis in Morocco’s first locally funded startup consolidation
Founded in 2023 by Omar Alami, ORA offers an integrated app combining peer-to-peer payments, e-commerce, on-demand services, and a forthcoming digital wallet.
Fintech
+4
Oct 21, 2025
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2 min read
Qashio acquires Saudi fintech Sanad Cash to accelerate KSA expansion
The acquisition comes shortly after Qashio raised approximately $19.8 million in fresh funding in May.
AI
+2
Jul 18, 2025
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3 min read
Meta acquires PlayAI, the voice AI startup co-founded by Egyptian engineer Mahmoud Felfel
While financial terms were not disclosed, the acquisition comes just months after PlayAI raised $21 million in seed funding from Kindred Ventures, 500 Global, Y Combinator, and others.
