Myntra to enter UAE, KSA unveils 2026 budget, Qatar revamps capital market laws, Malaysia gets first homegrown EV, India eases digital banking rules
Here’s a look at today's biggest tech stories in the MENA+:
- UAE to join US meeting on critical minerals, chip supply chain
- Pioneer Power, Savvy Charging partner to roll out mobile EV charging
- EGA aims for 50% sustainable aluminium production by 2028
- UAE, Kuwait sign space collaboration MoU
- Walmart-owned fashion e-commerce Myntra to expand to UAE
- Tadawul currently reviewing 40 IPOs
- 2026 budget unveiled, to see narrower $44B deficit with focus on priority sectors
- Saudi Arabia ranks 3rd globally on LLM progress, AI-related job growth
- PIF to own 93.4% of game developer EA
- Govt opens bids for exploration licenses for 13,000 sq km of mineral belts
- Egypt unveils mining incentives for international firms
- GAFI to launch unified digital platform for investment services
- PMI rises 51.1 in Nov, marking highest level since 2020
- Instant delivery platform Voo plans e-bike rollout
- President Sisi directs launch of 2nd tax incentive package
- MoITT launches tender to assess cyber infra, draft Cyber Security Act
- Air Link launches subsidiary to manufacture smartphones, electronics locally
- PTA plans obligations for telco infra licensees to accelerate rollout
- Govt seeks IMF approval for $3.5B tax relief package
- Draft virtual asset service provider regulations propose verification for transfers above $3,355
Other MENA+ Developments
- GCC pilots 'one-stop' travel system between UAE, Bahrain
- Ashok Leyland to set up Saudi vehicle assembly plant
- Qatar introduces new offering, listing and M&A rules
- Indonesia's Kargo Tech rolls out EV trucks, to expand to Middle East
- UK defines rules for business with Syria as sanctions wind down
Southeast Asia Developments
- Vietnam approves 2030 Digital Government Development Program
- Perodua launches Malaysia's first homegrown EV model
- Tencent opens Kuala Lumpur office in Malaysia expansion
- Indonesian SWF INA to support more more high-value manufacturing projects
- Singapore's YouTrip launches in Australia
