Edafa Venture announced the acquisition of two artificial intelligence startups operating in the construction and healthcare sectors during the AI Everything Middle East & Africa – Egypt exhibition, organized by GITEX Global in Cairo on February 11th-12th.

US-based agentic customer engagement platform Insider One has acquired retail marketing technology company Bluecore, expanding its data infrastructure and strengthening its presence among North American enterprise clients.

MAGRABI Retail, the Middle East’s largest eyewear retailer, intends to acquire 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt

Raya Holding for Financial Investments' board of directors has approved the fair value study (FV) prepared by its independent financial advisor Prime Capital, and endorsed the auditor’s report issued by United for Auditing, Tax, Advisory, and Financial Services (UHY) after receiving a no-objection approval from the Financial Regulatory Authority (FRA) on the FV for Ostool Transport and Logistics at EGP 6.3 per share.

Catalyst Partners Middle East’s board of directors approved moving forward with the acquisition of a controlling stake, potentially all capital shares, of EIH Consulting S.A.E. and its subsidiaries,

Cairo-based early-stage venture capital (VC) firm A15 announced the acquisition of its portfolio company Viral Wave by PopArabia, the Middle East and North Africa partner of NASDAQ-listed Reservoir.

The Egyptian Competition Authority (ECA) has approved a request by Al Baraka Bank Egypt, Al Baraka Capital, and Tanfeeth Real Estate Development to acquire Amlak Finance Egypt.

Beltone Financial Holding refuted news claiming that the UAE's Al Ansari Financial Services intends to acquire a stake in its shares.

Beltone Capital, a wholly owned subsidiary of Beltone Holding (BTFH), has completed the strategic acquisition of Paris-headquartered financial services Baobab Group in a transaction valued at $197.6 million.

Edita Food Industries has acquired the trademarks, brand names, and associated goodwill for HoHos, Twinkies, and Tiger Tail across the remaining countries of the African continent, as part of its regional expansion plans.

E-finance For Digital and Financial Investments (EFIH) has submitted an indicative, non-binding preliminary offer to acquire 100% of a company operating in the non-banking financial services sector.

Raya Holding for Financial Investments' board of directors has preliminarily approved a mandatory tender offer (MTO) submitted by Helios Investment Partners LLP to acquire 100% of its subsidiary Raya Foods.

The board of Industrial and Engineering Enterprises Company (IEEC) approved acquiring Enterprise Sigma Technology’s shares for an amount of EGP 300 million

Minister of Investment and Foreign Foreign Trade Hassan El-Khatib took part in the bell-ringing ceremony to open Tuesday’s trading session at the Egyptian Exchange (EGX), marking the completion of the Egyptian Transport and Commercial Services Company's (Egytrans) acquisition of the National Transport and Overseas Services Co. (NOSCO).

Faisal Islamic Bank of Egypt has obtained the Central Bank of Egypt's (CBE) approval to fully purchase the stake held by the Technology Development Fund in Smart Cards Applications Co.

Edita Food Industries has signed an asset purchase agreement with a regional company operating in the food sector to acquire production machinery for EGP 320 million.

Capgemini has completed the acquisition of WNS, a digital-led business transformation and services company and leader in the digital business process (BPS) services market.

The Financial Regulatory Authority (FRA) has rejected an offer submitted by UAE-based Sagasse Investment to fully acquire Elsewedy Electric Company

Saudi real estate investor Sumou Holding is in preliminary talks to acquire Egyptian developer Midar Investment and Urban Development, Al Arabiya Business reported, citing unnamed sources familiar with the matter.

Egyptian Housing Finance Company, a 99.99% owned subsidiary of Credit Agricole Egypt, has acquired 100% of shares in Just Finance S.A.E.