UAE Logistics Integration Council to be set up amid $55B logistics goal, while Saudi govt waives range of tax fines
Here’s a look at today's biggest tech stories in the MENA+:
- National Cybersecurity Strategy, API-First Policy get cabinet approval
- Deliveroo pilots delivery box advertising in Abu Dhabi
- UAE Logistics Integration Council to be set up amid $55B logistics goal
- Modon buys London’s Arena Events Group from IHC, Tasheel
- Diageo may set up alcohol production facility amid Gulf expansion
- KSA, Germany ink deal to establish green hydrogen corridor
- Kingdom tightens scrutiny of employee health insurance violations
- Non-oil activities made up 52% of GDP in Q3 2024
- Govt extends exemption from tax fines, penalties
- STC Bank begins operations after securing SAMA approval
- Govt to develop AI regulatory framework under new AI strategy
- Vodafone extends Anghami, OSN+ exclusive partnership
- Egypt secures $3B worth of LNG shipments for 2025
- SCZone adds 28,000 jobs with 251 projects worth $6.23B
- Raya Auto plans to establish $50M EV assembly plant
- Inflation eases to 9-year low at 2.4% in January
- Deal inked to defer $1.2B Saudi oil payment
- Privatization commission set to make second attempt at PIA sale
- NCERT calls for registration of cybersecurity audit firms
- Mobile phone imports slump 7.46% in H1 FY25
Other MENA+ Developments
- Meta rolls out AI assistant in MENA
- M&A deal volume, value expected to rise on policy shifts
- AI seen adding up to $320B to regional economy
- OPEC+ maintains oil policy, rejects US government data
- Oman prioritizes improving efficiency of taxi services
Southeast Asia Developments
- Southeast Asia eyes nuclear power to drive energy transition
- Grab, GoTo seek to finalize merger deal this year
- Johor SEZ to bring Singapore into China+1 fold
- Vietnam leads post-pandemic tourism recovery in SEA
- MMC Port prepares for Malaysia’s biggest IPO in over a decade
India Developments
- Govt exploring locally-made GPUs with Nvidia, AMD, HPE
- Meta, Kotak, GMR to add data protection officers following DPDP draft rules
- US tariffs present opportunities for local electronics companies
- India emerging as hotspot for smartphone brands
- Netflix announces $18B budget to drive content expansion in India
