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Epik Foods acquires Sauce Capital as part of regional expansion plans + Basatne now owns Cartlow
This will add 15 brands to Epik Foods’ portfolio
FMCG sector grew 5.5% last year -NielsenIQ
E-commerce played a key role, with FMCG online sales rising 29%
Talabat acquires 100% of Instashop from parent company Delivery Hero as part of restructuring push
The cash-based transaction was valued at USD 32 mn, financed by Talabat’s internal reserves
A sea of earnings
Adnoc Drilling, Modon Holding, Talabat and many more report 2024 earnings
Could ManCity’s court troubles throw a wrench in UK-UAE ties? + Talabat is getting attention in the foreign press
The UK government is in a tight spot as it looks to secure more funding from foreign investors for strategic…
Devsinc acquires Dubai-based e-commerce SaaS firm Alchemative Group
The Pakistani firm will gain control over Alchemative’s payment solution UnumPay
Refurb tech startup Revibe closed a USD 7 mn series A funding round
The investment will support its expansion in emerging markets
More asset managers eye ADGM
Plus: Dubai’s AED 2 bn Trump Tower will launch in 2Q 2025
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