Dubai announces Universal Blueprint for AI, while BlackRock hosts Saudi summit to woo global investors
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai announces Universal Blueprint for AI
- ADQ publishes financials for first time
- UAE leads Middle East for crypto adoption in Q1
- DP World expands footprint in Southeast Asia
- Spinneys expands share of IPO retail offering
- Center for Space Futures to be established
- Aramco continues to be Middle East’s most valuable brand
- NEOM, KAUST launch world's biggest coral restoration project
- ACWA Power plans investments worth $10B in Malaysia
- SABIC sets net zero by 2050 target
- Red Sea diversions led to extra 16.6M tons of emissions
- Act Financial plans M&A to form major financial entity after IPO
- East Nile monorail trial to begin in October
- Govt to set out licensing requirements for private free zones
- Kastour partners China’s Foton to make electric buses locally
- SBP maintains key policy rate at record 22%
- Govt seeks to digitalize Karachi after Islamabad
- Jazz concludes first telecom sukuk to drive 4G expansion
- IMF set to disburse $1.1B tranche for bailout package
- Aramco gets CCP’s approval to buy 40% stake in GO
Other MENA+ Developments
- Bahrain’s Shura Council approves new law to regulate AI
- Investcorp to buy India NSE’s digital tech unit in $120M deal
- Malaysia seeks GCC renewables partnerships at WEF meeting
- Oman to meet green hydrogen goals with Hydrom’s new deals
- Turkish grocery delivery firm Getir to exit Europe, US
Southeast Asia Developments
- Thailand to form national AI committee to drive strategy
- Microsoft announces $1.7B to boost cloud, AI in Indonesia
- Indonesia’s FDI rises 16% in Q1 despite political instability
- Singapore BNPL players get trustmark accreditations under new code
- InstaPay, PESONet transactions surge 32.8% YoY in Philippines
