UAE and India to enhance space cooperation, while PIF gets biggest-ever $17B loan
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi seeks to attract more Indian startups
- UAE-Malaysia bilateral trade expected to hit $7B this year
- Dubai leads globally in tourist spending
- Number of UAE crypto job listings exceeds France, Germany
- UAE, India to enhance space cooperation
- Luberef seeks $1.32B IPO
- Localization program to add 170,000 jobs
- MBS eyes investment in Credit Suisse investment banking
- PIF gets biggest-ever $17B loan
- Pharma market to grow to $11B by 2026
- India’s Tech Mahindra to establish delivery center
- 29 global firms sign outsourcing industry deals with ITIDA
- State ownership policy gets final cabinet approval
- Plan launched to promote local manufacturing in transport sectors
- 21 desalination plants planned
- $1B international bond repaid amid fears of default risk
- Remittance inflows to decline 7.4% this year
- Deadline for VPN registration extended again
- Suspension of Direct Carrier Billing pushed back
- Enforcement agencies ramp up scrutiny of social media content
Other MENA+ Developments
- OPEC+ to maintain oil output targets
- Freelance work gains momentum in region post-pandemic
- Investcorp acquires US asset manager Marble Point for $200M
- Israeli President makes Bahrain visit
- Qatar eyes 2036 Olympics bid after hosting World Cup
Southeast Asia Developments
- Tesla enters Thailand, competing with incumbent Chinese EVs
- Indonesia sets out roadmap for CBDC
- Crypto platform MetaComp gets Singapore major payment institution license
- Vietnam’s strong economic growth to drive M&As
- Digital bank Tonik buys the Philippines' B2B business TendoPay