IHC’s 2PointZero buys Egyptian fintech Maseera, while the amendments to the Saudi Labour Law enter into force
Here’s a look at today's biggest tech stories in the MENA+:
- ADNOC Gas raises $2.84B with 4% share offering on ADX
- Dubai Internet City contributed 65% of emirate's tech GDP
- IHC’s 2PointZero buys Egyptian fintech Maseera
- AD Ports scraps plans to operate Turkey’s Alsancak Port
- Crypto app downloads surge 41% amid strong market growth
- Healthcare group SMC Hospitals prepares for potential IPO
- Amendments to Labour Law enter into force
- Credit card lending up 16% annually to hit record $8.4B
- King Salman Energy Park attracts over $3B investments
- KSA, Oman ink new deals as bilateral trade grows to $5.6B
- Uber Egypt unveils Economic Impact Report, eyes expansion
- Dragon Oil explores additional investments in Egypt
- Egypt-Saudi electrical interconnection on track for June operations
- CBE maintains key rates in 1st meeting of the year
- Govt partners with Infinity, Hassan Allam for EV charging network
- MNT-Halan eyes $10M investment, 100 microfinance bank branches
- Telecom services enhancements to boost IT exports, freelancers
- Phase 2 of regulatory reforms planned next month to attract more investment
- IMF, Pakistan to discuss $1B climate financing next week
- Record number of skilled workers moved abroad for employment last year
Other MENA+ Developments
- ADQ-backed Agthia boosts stake in Egypt’s Abu Auf to 80%
- UAE retains 10th place on Global Soft Power Index 2025 as KSA, Qatar drop
- Mastercard report highlights growing SME digital payments adoption
- Kuwait plans $3.24B renewable energy investment
- Record number of startups to take part in Web Summit Qatar 2025
Southeast Asia Developments
- ASEAN eyes US summit to discuss planned tariffs
- Thailand to ramp up free trade talks with Gulf countries
- UAE expected to invest $10B in Indonesian SWF Danantara
- US manufacturers in Vietnam see layoffs with Trump tariffs
- Huawei holds rare overseas launch of flagship smartphone in Malaysia
