Al Etihad Payments and UnionPay partner to expand Jaywan card, SDAIA launches AI Creativity Boot Camp, Bitget launches $300M fund to back regional asset managers, Google introduces AI Ask Maps feature in Singapore, RBI calls on banks to accelerate AI spend
Here’s a look at today's biggest tech stories in the MENA+:
- Al Etihad Payments, China’s UnionPay partner to expand Jaywan card scheme globally
- Coinbase gets ADGM Financial Services Permission to develop tokenization hub
- EGA targets restoration of production by next year with $400M spend
- du publishes whitepaper on 6G networks
- Presight AI sees growth in international business with Kazakhstan, Montenegro engagements
- Appliance retailer Alsaif Gallery partners Tencent Cloud for enterprise AI transformation
- ADES resumes suspended offshore rigs
- Al Rajhi Capital, LogiPoint partner to develop $1.3B Jeddah industrial park
- Over 46,900 new businesses established in Saudi Arabia in H1
- Saudi Arabia regulates cosmetics packaging
- Govt planning 5% tariff on imported EVs to support local assemblies
- E-finance to acquire microfinance firm Tamweely for $90-100M
- FRA, EGX, Tax Authority unveil joint coordinating committee
- Egypt targets 20% rise in oil exploration
- Senate is studying amendments to lift duties, VAT on imported solar
- Non-filer content creators told to pay 10% withholding tax on revenues
- SECP aims to grow capital market participation to 2.5M investors
- FBR considers further tax relief, super tax cuts
- PTCL launches Independence Day campaign film
- IMF to visit Pakistan for fourth EFF, second RSF review
Other MENA+ Developments
- EV battery, automotive industry drives Morocco FDI in 2025
- Bitget launches $300M fund to back regional asset managers
- Iran says Hormuz Strait to remain closed until conditions met
- Si-Ware Systems, SEMC partner to develop, commercialize MEMS sensor tech
- S&P says GCC insurers do not have significant exposure to war claims
Southeast Asia Developments
- Vietnam approves national program on AI workforce development
- Vietnam, Australia to cooperate on AI, chips, quantum tech
- Thai Government Pension Fund to focus on investments in AI, Thai equities
- Google introduces AI Ask Maps feature in Singapore
- Philippine govt proposes $118B budget for 2027, to borrow $54B to drive growth
