Comprehensive coverage and updates on markets-ipo-ma across the MENA tech ecosystem.
Salla's acquisition of Paylink and Abwaab's purchase of Egypt's Eduact mark a shift from a market defined purely by funding rounds to one where mature platforms are starting to buy the capabilities they used to build.
COFE Tech has closed a pre-IPO funding round that values the Saudi company at $178 million, with backing from Aramco's entrepreneurship arm Wa'ed as it pushes beyond its coffee-ordering roots into enterprise technology.