Stablecoin issuer Circle secures ADGM approval for money services, while PIF starts accepting bids for 7-year sukuk
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi ramps up autonomous RoboTaxi trials before full roll-out
- Emirates chairman says IPO decision lies with government
- ADIA seeks to sell 50% stake in packaging firm IFCO
- Stablecoin issuer Circle secures ADGM approval for money services
- New stablecoins could support smart contracts
- Warehouse occupancy reaches 98% as industrial market surges
- PIF starts accepting bids for 7-year sukuk
- Acting chief launches Neom project review amid setbacks
- Dammam port to get new $79M logistics zone
- Vision 2030 phase three to focus on emerging opportunities, sustaining impact
- Egypt, UAE space agencies ink deal to boost cooperation
- Govt to invest $256M in ICT sector for FY25-26
- 2 new recycling projects worth $33M announced
- India, Egypt to boost collaboration on skill development
- National medical tourism council to be set up
- $6.4B Reko Diq mining deal to be finalized next month
- IT sector gets $700M in foreign investment commitment
- IMF board to discuss $7B bailout plan, $1.3B climate loan next month
- SBP says tariff risks could disrupt economic recovery
- Overseas investors call for major tax reforms
Other MENA+ Developments
- China’s CICC looks to Mideast, SEA to expand global footprint
- GWC partners Yellow Door Energy for major solar project in Qatar
- Qatar to get 1st Trump-branded real estate project
- Private banks see new wave of Gen Z investors with digital-first approach
- Oman plans new Geozone for advanced air mobility trials
Southeast Asia Developments
- Thailand’s Line Man Wongnai to ramp up AI investments, tech acquisitions
- Robinhood app operator eyes Foodpanda’s Thai business
- LG boosts Indonesian battery cell factory investment by $1.7B
- Malaysia launches blockchain infrastructure in line with national roadmap
- Philippine intellectual property registrations surge 24% in Q1
India Developments
- Apple, Xiaomi questioned amid e-commerce probe of Amazon, Flipkart
- iPhone production begins at Tata’s new Tamil Nadu plant
- Big tech faces higher costs to settle antitrust cases as tax rebates end
- Indian gaming firms see growing monetization, global acquisitions
- US-India trade deal talks making good progress
