Rakbank gets central bank approval to launch AED stablecoin, NEOM to support five Saudi game studios, Keeta launches in Bahrain, Singapore opens world’s tallest vertical farm, and KLA launches India R&D hub
Here’s a look at today's biggest tech stories in the MENA+:
- Rakbank gets central bank approval to launch AED stablecoin
- ARTC's VentureOne introduces UAE secure autonomy tech to Europe with Unikie, Solita partnerships
- Borouge completes proof of concept for autonomous operations at Ruwais facility
- Masdar invested $15B in global clean energy projects last year
- CARS24 begins offering 30-day return guarantee for used cars
- EDF, droppRWA to explore blockchain-based solutions in Saudi energy sector
- NEOM to support five Saudi game studios under flagship Level Up gaming accelerator
- 192,000 company registrations recorded in 2025, up 20%
- SABIC to sell Sabic Europe, ETP business
- Internet usage hits 99% among individuals aged 15-74
- PM pushes to localize manufacturing for telecom industry
- BP to begin drilling program in 2026, targets 2.3-2.5M BOE/day in 2030
- Egypt launches new phase of Digital Youth Initiative to boost tech employment
- CBE, Afreximbank launch first pan-African gold bank
- BII invests $37M in one of Africa's largest solar and BESS projects in Aswan
- Cabinet allows MVNOs to enter market under new framework
- Govt working on rationalizing smartphone taxes ahead of 2026-27 budget
- MoITT targets non-tax revenue of $630.4M with 5G auction
- Punjab, Damac sign deal to tokenize govt, commercial assets
- Pakistan, Chinese firms in discussions for $558M in lithium-ion battery deals
Other MENA+ Developments
- Qatari Cabinet amends law to promote, regulate foreign investment
- Qatar Airways launches world’s first Starlink-equipped Boeing 787
- Beyon Money becomes first digital wallet integrated with EazyPay POS devices
- Food delivery app Keeta officially launches in Bahrain
- UAE, Saudi Arabia, Qatar, Kuwait recall batches of Nestle's infant formula
Southeast Asia Developments
- Singapore opens world’s tallest vertical farm
- Grab, GAC partner to deploy 20,000 EVs, integrate app into intelligent cockpit system
- Vietnam to implement new e-commerce law from July, targeting online trade fraud
- DRC, VinFast to explore rollout of EV ecosystem in Kinshasa
- Indonesia to continue taxing MNCs despite US exemption from global minimum tax
India Developments
- MeitY says X's response on Grok AI obscene content criticism inadequate
- Uttar Pradesh implements incentives to attract $360M in semiconductor investments
- Wafer fab equipment maker KLA launches India R&D hub
- Trump backs bill raising tariffs on countries that buy Russian oil
- Delhi High Court asks RBI to detail enforcement on digital lending rules
