UAE's DP World to develop Kenya SEZ, Saudi PIF consortium completes EA acquisition, Jordan and US sign novel $354.6M economic cooperation deal, Thailand plans tighter oversight over data centers, Nvidia makes first investment in India with Sarvam AI
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai Duty Free rolls out Crypto.com Pay payment option
- DP World to develop Kenya SEZ
- PMI rises to highest in five months
- Fujairah becomes UAE's primary oil export route
- E& UAE unveils advanced DWDM network
- Lucid factory begins installations, tuning of manufacturing
- Homegrown FMCG brands dominate local market
- PIF consortium completes EA acquisition
- Aramco sees 42% surge in Q2 profits, eyes new export routes
- CEER localization expected to create 2,000 jobs, contribute $2.4B to economy
- TSFE's Africa investment fund to focus on finance, tourism, health, education
- Gypto Pharma, Djibouti’s Bacha Group to expand pharma exports to East Africa
- Egypt plans to add five new onshore, offshore wells in October
- Egypt's FRA approves four more NBFCs
- Non-oil business confidence reaches highest since 2022, even as PMI remains contractionary
- World Bank warns Pakistan among most vulnerable countries to AI job displacement
- Pakistan, US progress on reciprocal trade framework talks
- Distributed solar contributes 27% of electricity in 2025
- Pakistan asks China for refinancing of $1.3B in commercial loans
- Sindh launches EV taxi service
Other MENA+ Developments
- KSA, UAE push back on International Maritime Organization Net-Zero Framework
- Jordan, US sign novel $354.6M economic cooperation agreement
- INFINIOS becomes first Bahrain issuer to enable Mastercard stablecoin settlement
- GCC pharmaceutical market hits $30B as investments surge
- European AI Act to impact Morocco offshoring sector
Southeast Asia Developments
- Malaysia to protect agriculture from data center, manufacturing encroachment
- CoreWeave expands to Indonesia, to develop 360MW of data centers
- BYD's plans for Malaysia plant in limbo amidst EV localization rules
- Thai sellers raise concerns with Competition Commission over e-commerce platform fees
- Thailand plans new legally empowered committee with oversight over data centers
India Developments
- Parliamentary panel proposes framework to bring overseas-registered firms to India
- Nvidia makes first investment in India with Sarvam AI
- Anthropic launches Claude in-country inference
- Meta to meet MeitY to discuss its handling of online safety issues
- Apple’s local sales reach record $10B on retail expansion
