More Southeast Asian fintechs seek to join DIFC, while Saudi Arabia and China are set to ink 20 deals worth $29B
Here’s a look at today's biggest tech stories in the MENA+:
- More Southeast Asian fintechs seek to join DIFC
- 'Future 100' Initiative introduced to boost startups
- BNPL payments to hit $3.18B this year
- Dubai fintech firms raise $545M in 9 months
- Inflation expected to ease next year
- Kingdom, China to ink 20 deals worth $29B
- Number of SMEs rise 9.3% in Q3
- Draft New Companies Law launched for public consultation
- India in talks to push rupee cross-border trade
- Saudi e-commerce to reach $20B in 5 years
- Atos sets up Cairo global delivery center
- IMF loan meeting set for next week
- Egypt signs deals for offshoring, outsourcing push
- Wheat for rations sufficient for 5 months
- November inflation expected to hit 18.75%
- Chinese-owned fintech Opay plans $100M investments
- New EMI laws passed to ensure 2025 CBDC launch
- FM reiterates country’s commitment to completing IMF program
- Telenor discussing sale with Emirati firm
- Government debt up 24.5% over last year
Other MENA+ Developments
- Remittances account for more than half of Lebanon's GDP
- Sharjah to see region’s first waste-to-energy plant
- DIFC bolsters status as regional fintech hub
- Oman to clamp down on misleading ads
- Morocco targets major hydrogen projects
Southeast Asia Developments
- Regional tech firms unable to acquire, retain talent
- Binance seeks acquisition of Indonesian crypto firm Tokocrypto
- HNWIs continue to eye digital assets investments despite crash
- Vietnam’s VinFast plans US IPO
- Samsung, LG to raise investments in Vietnam
