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Maktoob acquires two dot-coms

Acquisitions increase Maktoob's user base in Saudi Arabia.

Maktoob Group, owner of the popular maktoob.com web site, has acquired two Arabic language B2C sites: al-mobile.com and majdah.com. Terms of the deals were not disclosed.

“The addition of majdah and al-mobile.com to our portfolio will strengthen our position in KSA by allowing users to access new areas of interest besides those covered by our already existing web sites,” said Bassam Khaiwi, business development manager, Maktoob KSA. “We are intensely aware of the growing potential of the Saudi market and the increased investments we have planned to undertake are an endeavour to continually cater to the needs of our users based there.”

Majdah.com is a Saudi-based site that provides a forum for general discussions on a wide range of issues. Al-mobile.com specialises in mobile content, including videos, ringtones and games.

Maktoob says it attracts around 1.2 million unique visitors a month from Saudi Arabia. To bolster its activities there, it recently acquired two KSA-based sites, alfrasha.com and sport4ever.com.

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