ZainTECH has secured a commercial license in Saudi Arabia, marking a significant milestone in its regional expansion. This move will allow the company to establish regional offices, offering advanced digital solutions in sectors such as IoT, cybersecurity, AI, and cloud services, fully aligning with Saudi Vision 2030.
e& PPF Telecom has acquired a 100% stake in Serbia Broadband (SBB) for EUR 825 million ($891 million), funded through secured debt. The acquisition expands e&’s footprint in Central and Eastern Europe, diversifying revenue sources, and will see the integration of SBB with its Serbian mobile subsidiary, Yettel.
Maseera Holding has acquired ADVA, establishing it as a technology and data analytics hub for North Africa. The integration of Maseera’s AI will transform ADVA’s platform, providing inclusive, personalized lending solutions for underserved populations in Egypt, with a focus on essential services like healthcare and education.
Maseera Holding has acquired Adva, an Egyptian fintech platform, to drive financial inclusion in North Africa. The acquisition strengthens Maseera’s expansion strategy, leveraging Adva’s AI-driven credit scoring model to provide financing for underserved Egyptians. Adva will focus on consumer finance and apply for Egypt’s first digital finance license.
e& PPF Telecom Group has acquired Serbia Broadband (SBB) for €825 million, enhancing its telecommunications footprint in Central Eastern Europe. This acquisition will integrate SBB with e&’s existing mobile services in Serbia, creating a leading converged operator. The deal also includes the sale of SBB’s satellite operations to Telekom Srbija.
Maseera Holding has acquired Adva, an Egyptian fintech platform, to boost its regional expansion in North Africa. This acquisition enhances Maseera’s focus on financial inclusion by offering tailored financing solutions to underserved populations in Egypt. Adva will also apply for Egypt’s first digital consumer finance license.
U-blox has transferred its cellular IoT module business to Trasna, enabling Trasna to enhance its IoT connectivity solutions. The deal includes intellectual property, workforce, and product portfolio, positioning Trasna as a comprehensive IoT solutions provider. This strategic move allows u-blox to focus on its core GNSS business.
e& PPF Telecom has acquired SBB’s operations in Serbia for €825 million, focusing on cable TV and broadband services. The acquisition strengthens e&’s European expansion strategy, adding to its Yettel brand. Meanwhile, United Group retains its media assets and refocuses on EU markets for growth.
LOGIC has acquired a majority stake in NEXEL, enhancing its digital and AI-driven consulting capabilities. This acquisition will strengthen LOGIC’s position in key markets like the UAE and Saudi Arabia, combining NEXEL’s expertise in digital strategy with LOGIC’s regional reach to offer transformative solutions for businesses.
Stellantis has acquired the remaining 49% stake in Sopriam, fully consolidating its operations in Morocco. This move integrates multiple car brands under Stellantis Maroc, aiming to enhance customer experience and strengthen synergies. The acquisition aligns with Stellantis’ 2030 strategy to lead the Middle East and Africa markets with a 22% share.
