Saudi’s Savvy to Acquire Moonton from ByteDance in USD 6B Deal
ByteDance is exiting gaming to focus on AI, selling Moonton to Saudi-backed Savvy, which continues to expand its global gaming and esports footprint.
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Savvy to Buy ByteDance Studio Moonton for $6 Billion
Savvy Games Group moves to acquire Moonton for $6 billion, strengthening its position in mobile gaming and advancing Saudi Arabia’s global gaming ambitions.
Netis Group Anchors in Morocco: Netcom Technologies Acquisition Drives Pan-African Strategy
Pan-African leader Netis Group has acquired a majority stake in Netcom Technologies Morocco to expand its portfolio into critical IT and digital security. This strategic move, backed by international investors like the IFC, aims to scale Netcom’s systems integration expertise across Netis’s 16-country African network, driving regional digital transformation.
Converted Acquires Mitcha to Forge AI-Driven “Ads-to-Orders” Ecosystem in Egypt
Converted has acquired the Egyptian fashion marketplace Mitcha to launch an AI-driven “Ads-to-Orders” platform. The deal integrates real-time sales data into advertising campaigns, allowing merchants to optimize for revenue over clicks. Mitcha founder Hilda Louca joins Converted’s leadership to drive regional expansion across Egypt and Saudi Arabia.
Netis Group Acquires Majority Stake in Netcom Technologies Morocco
Netis Group has acquired a majority stake in Morocco’s Netcom Technologies to strengthen its regional presence and diversify its services into IT security and critical infrastructure, supported by a consortium of major private equity and development finance investors.
Zain Bahrain Signs Agreement to Acquire Infonas in Strategic Enterprise Expansion Move
Zain Bahrain has signed an agreement to acquire 100 percent of Infonas, expanding its enterprise ICT footprint and accelerating diversification into digital infrastructure, cloud, cybersecurity, and AI-driven services.
Pakistani startup Virtuans AI acquired by US automotive tech firm AutoAcquire AI
AutoAcquire AI has acquired Pakistan-based Virtuans AI in a seven-figure deal, integrating its conversational AI technology to strengthen automation capabilities in the US automotive sector while highlighting the growing global relevance of Pakistan’s AI startup ecosystem.
NTT Data buys AWS partner Zero&One to boost Mideast cloud growth
NTT Data has acquired Dubai-based AWS partner Zero&One to strengthen its cloud and AI capabilities in the Middle East, positioning itself to capture growing regional demand for cloud migration, data analytics, and AI-driven digital transformation.
Systems Limited to Acquire Confiz in One of Pakistan’s Largest Tech Mergers
Systems Limited has announced a court-sanctioned merger to acquire Confiz, expanding its presence in North America and Europe and strengthening its capabilities in AI, cloud, and retail digital transformation. The share-swap deal is one of Pakistan’s largest tech mergers and reflects the growing global ambition of the country’s IT industry.
Paribu Acquires CoinMENA in Landmark $240 Million Fintech Deal
Paribu has acquired MENA-based crypto exchange CoinMENA in a transaction valued at up to $240 million, marking Türkiye’s largest fintech deal and its first cross-border digital asset acquisition. The move gives Paribu access to key regulatory licenses in Bahrain and Dubai, expanding its footprint into high-adoption markets. CoinMENA serves over 1.5 million users across 45 countries. The acquisition strengthens Paribu’s position as a regional fintech leader and signals growing consolidation in the global crypto industry.