Bayanat, Yahsat set for merger to form SPACE42, while Meituan plans to launch food delivery app KeeTa in Middle East push
Here’s a look at today's biggest tech stories in the MENA+:
- Bayanat, Yahsat set for merger to form SPACE42
- Over 70% of UAE eToro users own AI stocks
- Joby inks MoUs with Abu Dhabi to launch electric air taxis
- Archer, ADIO ink framework paving way for vertiports, air taxis
- e& sets out plan for AI-driven telecom development
- Meituan to launch food delivery app KeeTa in Middle East push
- Saudi Vision 2030 achieves 87% of initiatives
- PIF-backed RVCMC on track to launch carbon credit exchange
- Aramco inks major sponsorship deal with FIFA
- Internet penetration reaches 99% of population
- Arab Financial Services inaugurates data center
- Optimism persists in financial services despite high inflation
- Tourist arrivals up 3-4% in Q1 2024
- Egypt elected to represent on African Medicines Agency board
- PM backs upcoming Arab Summit in Bahrain
- US, Pakistan renew Trade and Investment Framework Agreement
- Samsung sees smartphone shortage on overwhelming demand
- RDA inflows reach 19-month high after surging 29%
- IMF calls for tax laws amendments to tackle fraud, evasion
- IATA asks govt to release $400M of airline revenues
Other MENA+ Developments
- Lebanon’s elections delayed again amid violence in south
- Kuwait's Agility Global to list on ADX next week
- Oman’s industrial zones to get boost from Saudi deals
- Qatar Central Bank unveils digital insurer regulations
- Morocco proposes bill for AI regulation, national agency
Southeast Asia Developments
- Microsoft CEO to meet regional officials for AI discussions
- Thai crypto exchange Bitkub eyes ASEAN expansion with 2025 IPO
- Temasek-BlackRock JV raises $1.4B for climate fund
- Singapore chipmakers thrive as generative AI demand surges
- Vietnam’s new stock trading system delayed amid regulatory hurdles
