Dubai to get world’s biggest food logistics zone, while China seeks more investments from Saudi PIF
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai to get world’s biggest food logistics zone
- First Abu Dhabi Bank denies offer for India’s Yes Bank
- More firms partnering universities to bolster tech, blockchain talent
- Hungary in talks with UAE, Qatar for airport stake sale
- UAE placed in top 5 fastest-growing emerging economies
- China seeks more investments from PIF
- Expat remittances up 12% in May
- Kingdom to build world’s tallest sports tower
- Riyadh to see shopping boom as retail space surges
- Saudi Re exits Probitas with $157M stake sale
- Annual urban inflation continues slowdown in June
- $20B private sector investments targeted in FY25
- 2025 wheat self-sufficiency target slashed to 51% from 65%
- Finance, investment ministers resign from companies’ boards
- Digital exports surged to $6.2B in FY23, up from $4.9B
- PTA launches performance survey of IoT licenses
- IMF proposes abolishing PSWF to pave way for bailout
- National Assembly approves SOEs Bill
- PITB inks digital payments deal with MCB Bank, Mastercard
- IATA seeks withdrawal of 150% tax hike on air tickets
Other MENA+ Developments
- EV maker VinFast taps regional green push for expansion
- UK and GCC seek to finalize free trade deal this year
- Bahrain launches nationwide cybersecurity awareness campaign
- QNB partners NPCI International for UPI payments in Qatar
- Morocco to ramp up crackdown on unlicensed ride-hailing services
Southeast Asia Developments
- SEA could soon get its first cross-border Special Economic Zone
- Regional startup fundraising down 11% in June
- Singapore average wealth rises as inequality worsens
- Chinese HWNIs return to Hong Kong amid Singapore regulatory scrutiny
- Malaysia plans amendments to Personal Data Protection Act
