CBUAE sets guidelines for finance AI use, KSA's Neom's $10B JV in limbo, Oman issues BNPL rules, Vietnam pilots AI education framework, India to raise $19.7B from state firm IPOs by 2030
Here’s a look at today's biggest tech stories in the MENA+:
- G42 developing framework to ensure US AI chips meet export, safety standards
- CBUAE issues guidance note on AI guardrails for financial firms
- TII launches cloud access to its Quantum Processing Units
- DHL Express partners Lodd on autonomous drone deliveries
- Edge, Safran partner to develop smart weaponry
- Indonesia's national QR code payments system to expand to KSA
- $10B Neom-DSV JV in limbo amidst uncertainty over projects
- Saudi Esports Federation partners with ROC Esports, Team Stallion on skills development
- Regional HQ rule softens as initial target is surpassed
- Telecoms provider Etihad Salam plans Tadawul IPO
- Egypt forms scientific committee to support industrial development
- Egypt launches national LLM, homegrown AI tools at AI summit
- Egypt to support Ethiopia’s Red Sea access if water dispute is resolved
- Remittances to Egypt grow to $41.5B, marking all-time high last year
- New 17.75% Citizen Bond sees high demand, raising $7M in two days
- Competition commission approves UAE-based Eve Holding's First Women Bank acquisition
- DIFC, Pakistan Digital Authority partner for Pakistan FinTech Summit
- Meezan Bank signs Kazakhstan deal to promote trade
- Galaxefi signs MoU with GBA to advance interoperable digital trade systems across Eurasia
- Digital bank Aik launches Shariah-compliant digital payments at Islamabad airport
Other MENA+ Developments
- Abu Dhabi unveils mangrove monitoring guide for GCC
- Orange Jordan platform launches “Tahweesheh” savings sub-account
- Muscat Stock Exchange to tighten market-making obligations, streamlining investor onboarding
- Omani central bank issues BNPL guidelines
- 5C, QIA partner to expand private credit platform
Southeast Asia Developments
- Danantara, chip designer Arm partner to train Indonesian engineers
- Indonesia says US digital deal complies with local data protection regulations
- Malaysian stock exchange to re-classify investor types after transparency concerns
- Vietnam begins piloting AI education framework
- Philippine rural banks under pressure to merge amidst tighter capital rules
India Developments
- EVs to lose zero-emission status under proposed vehicle energy efficiency rules
- IBM launches AI GovTech innovation center in Lucknow
- Govt seeks to raise $19.7B in state firm IPOs by 2030
- Bharti Airtel to invest $2.2B in financial services business
- AMD rolls out rack-scale AI platform, expanded partnerships in India
