FAB seeks Turkish acquisition for overseas expansion while Aramco partners GCT Semiconductor for 5G development
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi issues civil drone rules
- Dubai RTA, RAILBUS eye solar-powered transport system
- Dubai’s VARA seeks to cut compliance costs for small crypto firms
- FAB seeks Turkish acquisition for overseas expansion
- Crypto.com granted VARA’s full operational license
- Aramco partners GCT Semiconductor for 5G development
- Plans for Neom gigaproject being scaled down
- POS transactions up 20% to $14.3B in February
- Saudi-backed Lucid reports record EV sales
- ESL FACEIT Group, Qiddiya City announce gaming partnership
- $106M smartphone recycling plant to be established
- Private sector minimum wage to increase by over 71%
- Inflation inches down to 33.3% despite currency float
- Power cuts resume today after suspension during Ramadan
- Standard Bank to establish new Egypt office
- Opposition alliance launches campaign against coalition govt
- IT industry calls for tax incentives to boost exports
- Pakistan tops living cost in Asia at 25% inflation
- 34 new licenses issued to bolster EV manufacturing
- NayaPay, Ant Group’s Alipay announce payments partnership
Other MENA+ Developments
- GMG, VF Corp expand partnership, targets 300 stores in 5 years
- More data centers being built as regional AI race heats up
- Gulf states working to avoid regional war after Iran attacks
- Jordan’s mining sector to hit $2.9B by 2033 under new strategy
- Bahrain tops GCC in IQ survey
Southeast Asia Developments
- ASEAN set to boost cross-border QR payments links
- Carro targets pre-IPO round at $1.5B valuation
- Singapore loses appeal as regional hub for MNCs amid high costs
- TikTok sees surge in Vietnam e-commerce sales
- Malaysia asks Big Tech for plans to combat harmful content
