UAE's e& subsidiary completes $891M acquisition of Serbia’s SBB, while weak oil price adds pressure on ambitious Saudi mega-projects
Here’s a look at today's biggest tech stories in the MENA+:
- e& subsidiary completes $891M acquisition of Serbia’s SBB
- South Africa’s Absa bank to open Dubai office
- UAE eases licensing rules for higher education institutions
- ADQ now holds 63% stake in logistics giant Aramex
- Digital dirham expected to be launched in Q4 2025
- Weak oil price adds pressure on ambitious mega-projects
- Terra Drone partners Aramco to boost drone technology
- JD Logistics expands regional footprint
- Major new commercial laws to be introduced this week
- Kingdom becomes key player for Trump’s foreign policy push
- Egypt, Jordan boost space tech cooperation
- EU Parliament approves $4.3B financial aid package
- Arab African International Bank to expand to Saudi Arabia
- El-Dabaa nuclear power plant construction makes progress
- Unemployment rate eases to lowest in nearly 2 decades
- Pakistan could be key player in sustainable aviation fuel production
- SMEs struggle with global expansion as e-commerce reaches $7.7B
- Digital payments account for 88% of all retail transactions
- Power tariff cuts planned to boost manufacturers, exports after IMF deal
- PM seeks to boost economic ties with UAE
Other MENA+ Developments
- Regional listings stumble as they fall short of earnings targets
- UAE, KSA among countries hit by 10% US tariffs
- Gulf economies narrow gap with digital push but challenges remain
- Kuwait implements power cuts on high demand
- Turkey fines Meta for not restricting content on Facebook, Instagram
Southeast Asia Developments
- SEA countries plan Trump talks amid huge US tariff impact
- Hong Kong’s IPO market surges on DeepSeek AI hype
- Nearly half of Singapore firms to pass on costs from US tariffs
- Philippines boosts EV charging stations, plans initiatives to drive adoption
- Chinese firms drive Malaysia’s data center market boom
