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DFM, Taiwan Stock Exchange eye stock market cooperation
PLUS: Homegrown cybersecurity firm CPX goes for another acquisition
Egypt’s Elsewedy Electric acquires majority of Dubai-based Thomassen Service + New real estate tokenization platform
Plus: Canater has secured USD 1 mn from regional investment firm Foras in exchange for a 10% equity stake
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%
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
Tradeling Holding acquires Axiom Telecom’s distribution business
Tradeling will acquire 100% of A&T Holding, which owns Axiom’s key distribution businesses
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