AI firm G42 partners US group Qualcomm, while WEF to hold special meeting in Riyadh this week
Here’s a look at today's biggest tech stories in the MENA+:
- AI leader G42 partners Qualcomm
- Du launches new fintech platform Du Pay
- ADIB to offer financial services on Astra Tech’s Botim
- Dubai to host major AI prompt engineering competition
- Masdar considers expanding to China
- ACWA Power inks Azerbaijan renewables deal
- Aramco eyes stake in China’s Hengli Petrochemical
- Jordan, Saudi Arabia ink MoU on social insurance
- Cinema sector nears $1B in revenue after 6 years
- WEF to hold special meeting in Riyadh this week
- Egypt, Italy to set up Cairo AI hub for Africa
- FRA seeks to introduce rules paving way for hedge funds
- Govt to sell stake in Alamal Alsharif Plastics
- Egypt partners Borouge to set up petroleum free zone
- LNG imports set to rise to support domestic demand
- IT exports hit record high in March at $306M
- FDI up 52% YoY to reach 21-month high
- Iran, Pakistan target $10B annual bilateral trade
- Remittances expected to rise to $29B this year
- Pakistan seeks to secure new IMF loan by early July
Other MENA+ Developments
- UAE leads as regional crypto adoption rises
- Corporate VC on the rise in GCC
- Kuwait railway project targeted for 2028 completion faces delays
- Number of GCC wealth management firms grow to record 240
- Oman, UAE ink MoUs on renewables, tech cooperation
Southeast Asia Developments
- Logistics startups boost regional EV adoption
- Qashier gets Singapore payments license, eyes regional expansion
- Gojek, ComfortDelGro Taxi begin sharing untaken rides in Singapore
- Investments in Philippine digital banking sector hit $700M
- Malaysia announces incentives to woo VCs, tech unicorns
