UAE to leave OPEC in May, KSA reaches 440MW data center capacity, Qatar unveils business support package, Indonesian superapp GoTo turns profitable, Indian e-commerce firms under pressure due to riders shortage
Here’s a look at today's biggest tech stories in the MENA+:
- UAE to leave OPEC in May
- Uber signs agreement with RAKTDA to allow users to book taxis on app in RAK
- VARA issues licenses to Daman, ARP Digital
- 13,667 websites blocked in Q1 to curb online piracy
- Dubai launches AI Integration Matrix Framework to connect govt services with existing AI systems
- PIF subsidiary SRC buys $799M mortgage portfolio to boost liquidity
- Saudi Energy, Dawiyat partner for new tier III data center
- Gulf leaders meet in Saudi Arabia for first time since war
- SRMG to operate, manage Al Thaqafeya channel
- Saudi Arabia reaches 440MW data center capacity
- Egypt sets target for mining to contribute 6% of GDP
- Talabat opens region's largest express commerce distribution center in Yanmu East
- EGX studying extending trading hours among reforms to boost IPO pipeline
- Chinese firms in discussions to establish $400M container terminal at Ain Sokhna Port
- Nissan shifts Africa manufacturing to Egypt amidst lower costs, stronger export potential
- Pakistan Digital Authority gets control over AI-related federal hires
- $1.6B lost per year to e-commerce checkout inefficiencies
- Exchange firms could soon launch dedicated crypto windows under govt-backed proposal
- SECP approves implementation of ETF reform roadmap
- Punjab to roll out accelerated tech training targeting youth
Other MENA+ Developments
- Circuit board supply chain disrupted, costs rise due to Iran war
- Pure Data Center Group pauses investment decisions in Middle East amid Iran war
- Pleias, GSMA launch CommonLingua LLM supporting 61 African languages
- Qatar unveils support package, including investment incentives and rent benefits
- Iraq nominates little-known banker for PM amidst cash crisis
Southeast Asia Developments
- Singapore-based AI robotics firms to partner Grab, local agencies
- AI coding firm Cognition to set up APAC HQ in Singapore
- Indonesian superapp GoTo turns profitable
- Huawei opens first AI incubation center outside China in Malaysia
- Thailand's AIS partners global storytelling platform ReelShort on verticaltainment offerings
