UAE's RAK enacts AV law, KSA to boost private sector role in Vision 2030, Vietnam's new SMEs to get CIT exemption, US-EU tariff war to drive India's exports to Europe
Here’s a look at today's biggest tech stories in the MENA+:
- ADIB becomes first Islamic lender to implement CBUAE's Open Finance initiative
- RAK enacts law to regulate autonomous vehicles
- Govt, Presight to launch AI-driven foreign trade platform
- Agility, Ministry of Energy sign deal to promote data center energy efficiency
- UAE, India aim to double bilateral trade to $200B by 2032
- Govt plans larger private sector role in Vision 2030 projects
- Economy Ministry to launch new AI-enabled cross-sector partnerships network
- Banks borrow overseas at record pace
- SentinelOne to offer Singularity cybersecurity platform in Saudi Arabia
- Saudization rates of private sector marketing, sales jobs raised to 60%
- Customs, commercial services partner to accelerate port clearance
- TMG-backed Orion Consumer Finance gets FRA license
- PM Madbouly leads inaugural Supreme Gold Committee meeting
- Trump offers to mediate Egypt-Ethiopia dispute over GERD dam
- Major global apparel manufacturer Crystal to establish $350M manufacturing complex
- IT exports grow 20% to hit $2.2B in H1 FY26
- SECP relaxes rights issuance rules for listed firms
- Global backlash against Grok sparks debate on AI-related harms
- MoITT to hold 5G spectrum auction during Ramadan, launch to take place six months after
- SBP governor pushes for human oversight in AI banking decisions
Other MENA+ Developments
- Datawave obtains funding from Cerberus for Singapore-India-Gulf subsea cable
- e&, IBM partner to offer enterprise-grade agentic AI
- QIA plans to be more selective in AI, digital infra investments
- Network International, Saudi Sudanese Bank partner on digital payments in Sudan
- stc Bahrain partners CFI to offer advanced ICT solutions for financial sector
Southeast Asia Developments
- Salesforce unveils local startup program in Malaysia, Philippines
- Alibaba, partners Instapay to strengthen e-wallet services
- Malaysian SWF Khazanah to shift focus to local chip, grid investments
- Singapore digital bank Trust launches retail trading platform, fractional investing
- Vietnam offers new SMEs three-year CIT exemption
India Developments
- UAE to support development of India supercomputing cluster
- US-EU tariff war expected to stimulate Indian exports to Europe
- Lodha to invest $11B in 2.5 GW Maharashtra data center park
- Sebi plans 'significant indices' regulation to boost governance among index providers
- E-commerce firms to see 20–22% increase during Republic Day sales
