In a transformative move for the regional circular economy, Basatne, a global leader in sustainable trade and reverse logistics, has acquired Cartlow, the UAE’s premier re-commerce and device-lifecycle management platform.
This strategic acquisition merges Basatne’s international expertise with Cartlow’s proprietary technology and market dominance, creating a powerhouse poised to redefine sustainability in the Middle East and beyond.
The timing is critical: the Middle East generates over 3 million metric tonnes of e-waste annually, with the UAE among the world’s highest per-capita contributors.
As the re-commerce sector surges toward a projected $30 billion valuation by 2028, this partnership positions Basatne and Cartlow at the forefront of a circular revolution.
Cartlow’s track record speaks volumes—1 million+ devices recirculated, 100,000 metric tonnes of CO2 mitigated, and $136 million in value generated through its closed-loop ecosystem.
Under Basatne’s umbrella, Cartlow’s AI-driven solutions will scale globally, integrating with Ardroid—the UAE’s first robotics-powered refurbishing facility—to create a seamless, end-to-end circular economy. The synergy aligns with regional sustainability agendas like the UAE Net Zero 2050 and Saudi Vision 2030, amplifying efforts to combat e-waste while fostering economic diversification.
Ammar Aboulnasr, Basatne’s Founder and CEO, emphasized the acquisition’s role in “completing our closed-loop ecosystem,” while Mohammad Sleiman, Cartlow’s CEO, highlighted the potential to “revolutionize device lifecycle management globally.” Together, they aim to empower businesses and consumers with scalable, sustainable trade practices—turning waste into worth.
