FAB offers retail Open Finance service in UAE, KSA's Humain receives Nvidia AI chips, Thailand approves new top-up tax rules for MNCs, India unveils 5G and 6G spectrum plan
Here’s a look at today's biggest tech stories in the MENA+:
- Axis International files $29B World Bank claim against Guinea for revoking mining rights
- Dubai RTA offers e-scooter permits via app
- FAB becomes second bank to offer Open Finance service for retail customers
- BladeRanger to showcase solar drone platform at Abu Dhabi Sustainability Week
- UAE's BlueFive Capital eyes stake in hypercar JV Bugatti Rimac
- REGA approves real estate sandbox regulatory framework
- HUMAIN receives first shipment of advanced NVIDIA AI chips
- Consultation opens on draft rules allowing real estate ownership by listed firms
- Merak Capital acquires $54M stake in local cybersecurity firm DSShield
- Warner Bros. expected to reject GCC-backed Paramount bid
- Egypt among region's most cash dependent nations in MENA, with 80% of transactions in cash
- Beltone to acquire Lumen Aegis from fellow Chimera-owned EPointZero
- FRA considering Capital Market Law amendments to list EGX
- Egypt, Afreximbank partner on new African Gold Bank
- Egypt receives $3.5B cash portion of Alam El Roum development from Qatari Diar
- Digital channels make up 90% of retail payments, but only contribute 33% of value
- Pakistan launches first skills impact bond
- EV maker XPeng enters Pakistani market
- Local mobile manufacturing rises in 2025, with Vivo and Tecno driving growth
- Digital payments reach 2.8B transactions in Q1FY26 on Raast surge
Other MENA+ Developments
- UAE to pull remaining forces from Yemen amidst Saudi diplomatic crisis
- India-UAE non-oil bilateral trade surges 33.9% in H1 as firms hedge against tariffs
- Superlab launches AI chat shopping feature Shop Anything
- Adia to anchor $600M AI startup MiniMax's Hong Kong IPO
- Kuwait, France’s Gustave Roussy partner on new cancer center
Southeast Asia Developments
- U Power, Whale Logistics partner to introduce battery-swap electric trucks in Thailand
- Thai Cabinet approves new top-up tax rules for MNCs
- GoJek launches talent marketplace in push into new businesses
- Singapore's Sembcorp to develop Vietnamese industrial park
- China's Albatross Tech partners Malaysian university for new drone center
India Developments
- DoT identifies 700MHz of airwaves in spectrum plan for 5G, 6G networks
- Gig workers union president demands removal of 10-minute delivery options as strike begins
- India invites China govt to AI Impact Summit
- VinFast-backed V-GREEN, HPCL partner to roll out EV charging network
- NPCI authorised fewer new third-party UPI apps this year following outage
