Ruya becomes UAE's first Islamic bank to roll out crypto trading, while Saudi Arabia's STC Bank to introduce more digital banking offerings this year
Here’s a look at today's biggest tech stories in the MENA+:
- Mubadala, Fortress announce $1B private credit partnership
- Ruya becomes first Islamic bank to roll out crypto trading
- Nicolas Sibuet becomes Aramex acting CEO, as Othman Al-Jeda resigns
- The Game Company unveils AI-powered cloud gaming platform
- UAE participates in inaugural China-GCC nuclear tech forum
- Mining sector to see strong growth amid reforms, investments
- STC Bank to roll out more digital banking offerings this year
- Trump expected to offer arms deal worth over $100B
- PC makers Lenovo, HP, Dell plan plants to sidestep US tariffs
- PIF-owned AviLease plans global expansion with $1.5B credit facility
- Govt prioritizes digital adoption, amidst Apple Wallet entry
- Free 96-hour transit visa extended for another year
- Egypt boosts renewables ambitions with new solar agreement
- Taiwan auto parts industry looks to Egypt amid US tariffs
- Govt’s $51M plan to revamp Pyramids of Giza faces challenges
- Stocks, dollar bonds slump as tensions with India rise
- Attock Petroleum, HUBCO Green to boost EV charging infrastructure
- Govt tightens conditions as it launches 2nd PIA privatization bid
- LUMS launches Centre for Digital Assets Research
- Inaugural EU-Pakistan Business Forum to be held next month
Other MENA+ Developments
- GCC families turn VC powerhouses in tech push
- GCC stocks drew foreign investors in Q1 despite headwinds
- Oman reports surge in IoT, mobile subscriptions in 2024
- Lebanon’s annual inflation drops from over 70% to 14.2%
- Morocco set to push ahead with $10B rail expansion plan
Southeast Asia Developments
- China’s Southeast Asia investments disrupt US supply chains plan
- Singapore Airlines partners OpenAI for generative AI solutions
- Vietnam extends Mobile-Money service pilot until year-end
- Vietnam’s VinFast to shift expansion focus from West to Asia
- Malaysia, UAE firms to develop sustainable aviation fuel refinery
