Abu Dhabi launches sovereign investment platform, Saudi Maaden discovers new gold reserves, Bahrain approves Starlink launch, Grab and WeRide begins Singapore AV trials, India's PhonePe launches one-click payments
Here’s a look at today's biggest tech stories in the MENA+:
- DFSA ends approved crypto tokens list, shifts responsibility to companies
- Somalia cancels security, port agreements due to sovereignty tensions
- Abu Dhabi launches new sovereign investment platform L’IMAD
- Cybersecurity Council warns of AI-driven phishing risks
- Temu to launch local seller program in UAE
- 8.4km Riyadh Metro expansion to open in six years' time
- ECG launches Saudi industrial, mining services fund
- Saudi Space Agency signs partnership with Japan to collaborate on peaceful space use
- Maaden discovers new gold reserves across four major sites
- Nextpower to open 12GW solar PV tracker manufacturing facility
- Flend, Khazenly partner to offer digital financing solutions to e-commerce companies
- MCIT, 30 ICT firms launch Digilians scholarship
- Healthy Ministry, Ortho House in discussions to launch robotic surgery center of excellence
- EGX to become joint-stock company in preparation for IPO
- GAFI, ITDA to coordinate on streamlining investor procedures
- DP World begins construction on freight corridor, multimodal logistics park
- Pakistan, Indonesia agree to expand economic partnership
- IT Minister calls on social media platforms to label AI-generated content
- Govt pushes mutual recognition of qualifications with Saudi Arabia
- PM to impose ‘export emergency’, targets 40% growth in four years
Other MENA+ Developments
- Botim Money to integrate Mastercard Move, enabling quick crossborder payments
- FAB, T. Rowe Price partner to expand GCC investment offerings
- Bahrain approves Starlink launch via reseller Sama X
- Bahrain's Singapore Gulf Bank to enable USD clearing with JP Morgan partnership
- Morocco launches national AI roadmap
Southeast Asia Developments
- Grab, WeRide begin autonomous vehicle trials in Singapore
- Sea Ltd's MariBank launches physical gold investment option
- Thai logistics unicorn Flash to exit Malaysia
- Vietnam drafts decree to overhaul SME Development Fund
- Philippines President vetoes EV tax incentives
India Developments
- PhonePe launches one-click Visa, Mastercard payments with PG Bolt launch
- India’s Pax Silica invitation underscores role in global tech supply chains
- Acer aims to grow Indian PC market share, targeting gaming segment
- Trump plans 25% tariff on goods from Iran's business partners, potentially hitting India
- Lenovo targets doubling India business within three years
