CoinDCX’s Okto wallet gets RAK digital asset license, while ride-hailing app Jeeny partners Saudi TGA for jobs push
Here’s a look at today's biggest tech stories in the MENA+:
- Asset management sector sees $9.5B rise in AUM
- US EV charging provider Loop Global sets up regional hub
- CoinDCX’s Okto wallet gets RAK digital asset license
- Hodler, Gewan plan up to $500M digital energy infrastructure fund
- Dubai completes second phase of drone delivery project
- E-commerce revenues set to hit nearly $70B by 2025
- Ride-hailing app Jeeny partners TGA for jobs push
- Industrial plants grow 60% since Vision 2030 launch
- Kingdom eyes potential bid to host Olympic Games
- Esports sector set to contribute $13.3B to economy by 2030
- MaxAB, Kenya’s Wasoko complete mega e-commerce merger
- Major oil discovery made in Western Desert
- Stellantis in talks to expand local car assembly
- Orascom Development Holding to sell $40M stake in UAE unit
- Samsung facility reaches 6M devices annual production capacity
- Militant attacks seek to hinder CPEC projects, says PM
- SBP seeks $4B from Middle East banks
- PTA says working on addressing internet disruptions amid firewall claims
- Govt plans initiatives to facilitate startups entering KSA
- PTA registers 20,000 VPNs in whitelisting operation
Other MENA+ Developments
- UAE leads Gulf as top destination for healthcare
- GCC banks report record lending profits in Q2
- Vodafone Qatar introduces AI-powered instant SIM
- Oman to attract more FDI through National Identity Project
- India-GCC trade reaches $162B, with energy, tech among key sectors
Southeast Asia Developments
- Ovo faces competition as Grab launches Superbank in Indonesia
- Singapore launches new center for trade associations
- Vietnam sets October to elect new president
- Malaysia asks tech firms to follow social media laws amid pushback
- Regulator moves to stop bank outages could boost expenses 20%
