MERGER Archives

Saudi-backed Savvy Gaming Group Acquires ESL and FACEIT in a $1.5bn deal

E-sports organization ESL Gaming and competitive gaming platform FACEIT have merged after they were both bought by the Saudi-backed Savvy Gaming Group (SGG). SGG is owned by Saudi Arabia’s Public Investment Fund (PIF). The new...

by WAYA Staff - Jan 26, 2022

Money

Omniful Raises USD5.85 Million Seed round for MEA, India expansion

Omniful, the cloud platform focused on hyperlocal and omnichannel commerce, has secured an impressive $5.85 million in its seed funding...

by WAYA Staff - Dec 5, 2023

Startups

Mtor Secures US2.8 Million in Pre-seed Round

• Mtor, Egypt’s online auto parts marketplace, announced a successful $2.8 million pre-seed funding round led by Algebra Ventures. • The...

by WAYA Staff - Dec 5, 2023

Environment

Masdar Expands European Footprint with Acquisition of 1GW Renewable Portfolio in Poland

• Masdar’s collaboration with Taaleri Energia in acquiring eight hybrid renewable energy projects from Domrel in Poland signifies a strategic...

by WAYA Staff - Dec 5, 2023

Markets

ADQ, QIC Establish Investment Platform Focused on Central Asia

• ADQ and Qazaqstan Investment Corporation (QIC) have formed a strategic collaboration to establish a co-investment platform, focusing on key sectors...

by WAYA Staff - Dec 4, 2023

Markets

PayTabs and mnGm Forge Path for Online Gold Purchases in Egypt

•PayTabs Egypt has officially partnered with mnGm, the digital distributor for Gold Net Trading (GNT) and a subsidiary of Evolve...

by WAYA Staff - Dec 4, 2023

Startups

‘Tech the Justice Gap’ Forum Concluded; Oqoodi Secures 20K Euros First Prize

Oqoodi, a Palestinian company, emerged as the first-place winner in the ‘Tech the Justice Gap’ Forum, securing an impressive prize...

by WAYA Staff - Dec 3, 2023

Markets

ADIO, CCB International to boost Chinese investment into Abu Dhabi

• Abu Dhabi Investment Office (ADIO) has officially signed a strategic agreement with CCB International, a subsidiary of China Construction Bank...

by WAYA Staff - Dec 3, 2023

Money

Tunisia’s Cynoia Secures USD 933K Funding to Drive Global Expansion

• Cynoia, a Tunisian startup, secures $933,000 in a funding round led by 216 Capital, with support from United Gulf Financial...

by WAYA Staff - Dec 3, 2023

Money

Oman-based Foodtech KitchenomiKs Secured USD 1.8 Million inPre-Series A funding

• KitchenomiKs, a burgeoning food-tech startup in Oman, secures a significant total of $3.5 million in combined seed and pre-Series A...

by WAYA Staff - Dec 3, 2023

Startups

Mastercard Partners with MaxAB to Eguip SMEs with Digital Payment Solutions

• Mastercard and MaxAB, one of Egypt’s fastest-growing B2B marketplaces, join forces to advance digitization and financial inclusion in Egypt. •As...

by WAYA Staff - Nov 30, 2023

MERGER

Saudi-backed Savvy Gaming Group Acquires ESL and FACEIT in a $1.5bn deal

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