Dubai DET, VARA sign MoU on joint virtual asset services, while PIF launches new facilities management company
Here’s a look at today's biggest tech stories in the MENA+:
- Lulu to raise $2.7B ahead of 2024 IPO plans
- du deploys multi-carrier aggregation tech in commercial wireless
- Wynn says it will obtain RAK gambling license soon
- Dubai DET, VARA sign MoU on joint virtual asset services
- CBUAE fines exchange house $1.3M for AML violations
- US' interest in a Saudi-Israeli deal focuses on containing China
- PIF launches new facilities management company
- Baykar drone deal paves path for Turkish businesses entering KSA
- Riyadh Air becomes main sponsor of football club Atlético Madrid
- General Authority for Statistics launches economic data platform for researchers
- Banks could emulate digitalization efforts made by other African banks
- Moody's says weakening in external liquidity may offset asset sales
- Central Bank moves to integrate pensioners into banking sector
- Sisi government faces political risks from economic crisis
- EFG Holding sees 51% revenue growth on transactions, new offerings
- Pakistan calls on Saudi to leverage ties for mining, oil investments
- Parties to decide on caretaker PM ahead of election
- MSCI adds record 56 Pakistani companies to FM, Small Cap indices
- Poverty, food insecurity, inflation continue to impact Pakistanis
- GCC set to invest billions as foreign currency needs prioritized
Other MENA+ Developments
- Disney+ to roll out subscription plans with ads
- Morocco tenders for 400 MW Atlas Mountains solar plant
- Erdogan's central bank policy u-turn tests public's patience
- Cash flows from $51B UAE-Turkey deal to begin by end-2023
- GCC SWFs reach 37% of global SWF AUM
Southeast Asia Developments
- Uber's long road to profitability spotlights Grab's challenges ahead
- GDS launches Johor data center campus
- Siemens says clients looking for non-China manufacturing alternatives
- WeWork says it will not exit Singapore despite landlord doubts
- Texas Instruments eyes $1B investment in Philippines chipmaking
