Mubadala invests in local mobility fintech Moove, KSA approves Government Tenders and Procurement Law, Oman expands collective investment framework, Huawei launches Thailand AI Ecosystem Initiative, India to streamline FTA benefits for imported goods
Here’s a look at today's biggest tech stories in the MENA+:
- Whoop to open another UAE office to support regional expansion
- ADNOC moved more oil through Hormuz than any other producer in the last two months
- Mubadala invests in local mobility fintech Moove
- Edenred gets CBUAE approval for Stored Value Facility license
- DP World invests in Belgian cold-chain logistics
- Govt approves Government Tenders and Procurement Law
- Mannai Information Technology opens Riyadh regional HQ
- Saudi brands build credibility through consistent experiences, earn trust
- Houthis say they attacked Saudi Red Sea oil tanker
- LIV Golf secures key investor for player-owned model following PIF exit
- ESI signs $100M partnership with Chery-owned auto brands to localize manufacturing
- Egypt eases requirements for industrial land transfers
- Net foreign reserves reach record $56.3B in July 2026
- Govt weighs an integrated $1B solar panel manufacturing plant in Zafarana
- International consortium to invest $5.3B in medical cities in New Capital, New Almein
- US prepared to finance another Reko Diq-sized mining project
- SBP to launch new incentive scheme to encourage remittances
- IT Ministry completes consultations for National Data Governance Policy
- Bank of Punjab gets SBP approval Bahrain unit
- PIA targets IPO within year of privatization
Other MENA+ Developments
- Iran, Oman reach agreement for safe Hormuz shipping route
- Syria’s post-Assad turnaround wins plaudits from IMF, World Bank
- Lebanon’s delayed Banking Restructuring Law passes Parliament committee
- KIA secures $4.3B loan
- Oman expands collective investment framework with new investment fund categories
Southeast Asia Developments
- AI infrastructure emerges as SEA's next growth engine
- Vietnamese central bank plans circular regulating banking AI systems
- Singapore's central bank nears finalized AI risk management guidelines
- Singapore says $7.4B in exports impacted by new US tariffs
- Huawei launches Thailand AI Ecosystem Initiative to support industry collaboration
India Developments
- Karnataka to focus on nanotech, semiconductors, AI, deeptech in next development phase
- TRAI scrutinizes 5G network slicing service quality
- Proposed tax law amendments to allow foreign firms to use Indian data centers for global clients
- Uttar Pradesh approves deep tech innovation center U-Hub
- Govt to streamline FTA benefits for imported goods
