DEWA on track to set up 1,000 EV charging stations by 2025, while ADNIC acquires controlling stake in Allianz Saudi Fransi Insurance
Here’s a look at today's biggest tech stories in the MENA+:
- UAE, Costa Rica sign CEPA deal
- Dubai-based Telegram to reach 1B users within a year
- ADIB denies $1.1B stake buy in Indonesia’s BSI
- Masdar City to invest $1.1B in energy, AI
- DEWA on track to set up 1,000 EV charging stations by 2025
- NEOM plans debut sukuk sale to fund megaproject
- Kingdom ranks among first movers for national AI strategy
- Mining sector sees $410B worth of investments
- ADNIC acquires controlling stake in Allianz Saudi Fransi Insurance
- Renewable energy transition picks up pace in Saudi Arabia
- Govt seeks to complete privatization program within 3-5 years
- Beltone VC partners UAE’s Citadel for $30M startup fund
- SCZone sees $894M investment pledges in Q1
- Egypt working to push back domestic debt maturities
- NBE subsidiary eyes new gold investment fund
- High Court asks govt to unblock X within a week
- SECP approves first digital-only insurer
- Taxation, energy, privatization among key reform priorities
- Pakistan, World Bank to set out 10-year framework plan
- Mobi Direct scraps plan for e-commerce payment gateway
Other MENA+ Developments
- Middle East Energy conference in Dubai canceled
- Pan-African telco MTN Group, Huawei launch tech lab
- GCC debt capital market set to hit $1T as sukuks grow
- Google dismisses employees protesting Israeli cloud contract
- Oman Parliament set to discuss draft media law
Southeast Asia Developments
- Thai EV sales set to fall short of target amid price war
- Indonesia backtracks on personal imports restrictions after pushback
- Singapore unveils feedback on Cybersecurity Bill consultation
- Malaysia set to slash subsidies this year
- Vietnam’s Masan may list consumer unit for up to $1.5B
