Acquisition - LAFFAZ

MENA, News

Pradeep Singh
January 6, 2020

[Big News] Uber closes the acquisition of Middle-Eastern rival Careem for $3.1 Billion

Careem Networks FZ-LLC is now a wholly-owned subsidiary of Uber. The co-founder & CEO of Careem Mudassir Sheikha will continue to lead the Careem business...

MENA, News

Editorial Staff
October 10, 2019

Omani Society for Education Technology Acquires Dubai-based Nadrus.com

Omani Society for Education Technology Acquires nadrus.com

OSET has officially acquired Dubai-based online Arabic courses marketplace Nadrus.com for an undisclosed amount.

India, News

Editorial Staff
October 8, 2019

Sachin Bansal’s BAC Acquires Essel Mutual Fund

CCI has approved the acquisition of Essel Mutual Fund by Sachin Bansal-owned entity BAC Acquisitions Pvt. Ltd...

MENA, News

Editorial Staff
August 27, 2019

Riyadh-based GEMS Education KSA and Hassana Jointly Acquires Ma’arif for $800Mn

GEMS Education KSA on Monday announced the completion of the $800 million acquisition of Ma’arif...

MENA, News

Editorial Staff
August 7, 2019

Mezzan Holding Acquires Kuwait’s only Pharma Manufacturer KSPICo for $69Mn

Kuwait-based Mezzan Holding on Tuesday acquired 67 percent stake in Kuwait Saudi Pharmaceutical Industries Company (KSPICo) for $69 million.

MENA, News

M Haseeb
June 25, 2019

UAE Minister of Economy Approves Uber-Careem Merger

UAE's Minister of Economy Sultan bin Saeed Al Mansouri approves the acquisition of Dubai-based ride-hailing platform Careem by Uber...

MENA, News

Editorial Staff
June 14, 2019

Uber clears first regulatory hurdle in Careem acquisition

Uber cleared the first regulatory hurdle of its $3.1 bn acquisition of Careem as the UAE Minister of Economy granted full approval of the deal...

MENA, News

Editorial Staff
May 29, 2019

Careem Acquires Micro-Mobility Startup Cyacle

Middle East's transportation giant Careem has finally acquired the micro-mobility startup Cyacle, a UAE based bike-sharing startup currently operation only in Abu Dhabi...

India, News

Editorial Staff
May 29, 2019

InfoEdge in Talks to Acquire iimjobs parent Highorbit Careers

Info Edge Ltd, which owns online job portal Naukri, on Tuesday said it will acquire Highorbit Careers, which operates job portals iimjobs.com and hirist.com...

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