UAE to be removed from EM bond indexes, PIF-owned Jada to ramp up private credit, Kuwait expands retail e-payments use, Singapore to tighten data center rules, India and GCC to begin FTA talks
Here’s a look at today's biggest tech stories in the MENA+:
- Novel Khazna AI liquid cooling data center gets key certification
- 2Africa cable lands, integrated in UAE
- US-Mexican shrimp farming startup Atarraya to pilot UAE production
- e& Group CEO to end 6-year tenure next month
- JPMorgan says UAE exceeds wealth measures, removes it from EM bond indexes
- PIF-owned Jada to ramp up private credit to finance local SMEs
- Lucid expects slower production growth, to make 25-27,000 EVs this year
- Humain takes delivery of Qualcomm's Cloud AI 100 racks for new data center
- Aramco JV, Arcapita to build major Spark logistics facility
- SettleMint conducts first tokenised real estate transactions in Saudi Arabia
- CIB gets CBE approval to conduct due diligence on HSBC’s retail portfolio
- Egypt joins World Bank's Sustainable Finance Facility to boost domestic capital markets
- NTRA to roll out child-safe mobile packages next month
- SCZONE says foreign firms make up 70% of investments
- Egypt-UAE JV Gupco to invest $516M by next year to boost oil output
- Ufone, Zong submit pre-bid deposits for 5G spectrum auction
- Pakistan, Qatar to elevate economic relations to ‘higher strategic level’
- MoITT says no impact assessment of social media harms on minors done yet
- 79 new foreign firms started operations in last three years, investing $150M
- Pakistan to introduce QR-based verification, biometrics in national IDs
Other MENA+ Developments
- Nokia, AWS launch agentic AI-powered 5G network slicing with du, Orange
- AfDB, UNDP unveil $10B initiative to support Africa AI adoption
- Frimex acquires 60% stake in Gulf Neo Care to expand Saudi healthcare business
- Kuwait expands mandatory retail e-payments use
- India holds 1st round of FTA negotiations with Israel, to start GCC talks
Southeast Asia Developments
- Qatar's JTA eyes $3B in Philippine tech city, infra investments
- ASEAN working on unified US tariff stance
- Singtel, Nvidia launch Singapore AI center of excellence
- Singapore to tighten data center rules later this year
- Malaysia freezes development of new non-AI data centers over power, water concerns
