UAE announces defense minister, deputy PMs in Cabinet reshuffle, Kingdom to host inaugural Esports Olympics
Here’s a look at today's biggest tech stories in the MENA+:
- Defense minister, deputy PMs announced in Cabinet reshuffle
- UAE to get 100 new EV charging stations this year
- ADNOC Gas awards $550M deals for gas pipeline expansion
- Pakistan seeks to resolve 16-year-old e&-PTCL dispute
- Mubadala in talks to sell Brazilian port assets
- Kingdom to host inaugural Esports Olympics with 12-year deal
- China eyes enhanced cooperation in digital economy, energy
- Vision 2030 drive puts strain on economy, petrowealth
- KSA imports more fuel oil to meet summer demand
- GAC launches consultation on proposed amendments to M&A rules
- Economic Ministerial Group formed to oversee economic policies
- Egypt denies $1T Suez Canal sale
- $1.2B to be invested in new exploratory gas, oil wells in FY25
- Egypt continues to lead FDI in Africa for 2nd straight year
- Egypt, UAE to boost renewable energy cooperation
- Pakistan, IMF agree on new $7B loan deal
- Emerging tech centers to be set up in 350 schools
- Imran Khan’s PTI party awarded 24 Parliament seats
- Govt tightens scrutiny of social media platforms during Muharram
- Sadapay acquisition may pave way for more startup deals
Other MENA+ Developments
- BNPL adoption surges, outpacing credit cards use
- Saudi markets lead as Gulf IPOs raise $3.6B in H1
- Iraq woos Egyptian, Saudi investment to launch new cities
- Syria parliamentary elections may pave way for Assad’s extended rule
- Kuwait makes major oil and gas discovery
Southeast Asia Developments
- Software, IT sector sees more M&As on rising demand
- Indonesian cyberattack highlights increasing threat in region
- Tokopedia to cease q-commerce service in Indonesia
- Singapore plans guidelines to bolster AI governance
- Vietnamese EV maker VinFast delays US plant amid slowdown
India Developments
- Flipkart eyes 100 dark stores to expand q-commerce footprint
- MeitY seeks exclusion of ex-ante provision from Digital Competition Bill
- State-run firms to undergo revamp in shift from privatization plans
- OTT platforms to get differential approach under broadcasting bill
- Retail digital payments expected to surge 2x to $7T by 2030
