National security concerns continue to hold up efforts to finalize UAE's Nvidia deal, while xAI in talks with Humain to lease Saudi data center capacity
Here’s a look at today's biggest tech stories in the MENA+:
- National security concerns continue to hold up efforts to finalize UAE's Nvidia deal
- 2027-29 federal budget cycle to prioritize operational efficiency, AI integration
- Medad Holding subsidiary to invest $100M in UAE EV manufacturer NWTN
- Masdar sells stake in Sharjah Waste-to-Energy plant to Tadweer Group
- DP World signs MoU to study deployment of autonomous freight rail in India
- xAI in talks with Humain to lease data center capacity
- Mining reforms have supported $32B in investment
- Youth-led businesses make up a third of all commercial registrations
- Tuwaiq Academy, Google Cloud launch 3k Developers initiative
- Industry and Mineral Resources Ministry working to establish new commodities exchange
- Ministries working to prepare industry for EU Carbon Border Adjustment Mechanism
- Talabat Mart established largest distribution center in MENA in Yanmu East Logistics Park
- FRA plans new regulations, to cover crowdfunding, real estate investment fund platforms
- CI Capital Asset Management closes Egypt's first ESG equity fund
- IMF says progress on structural reforms mixed, citing public sector dominance of economy
- PTCL proposes $1B investment plan in bid for Telenor merger approval
- Pakistan, El Salvador sign agreement to cooperate on crypto-related initiatives
- Solar surge threatens grid's financial stability
- $16.3M in online sacrificial animal sales recorded during Eid
- Govt to close subsidized retail stores in privatization push
Other MENA+ Developments
- Al Baida Group partners Elm to deliver digital transformation projects in Qatar
- Bahrain, US sign interim agreement to cooperate on civil nuclear energy
- Mastercard, MyMonty sign partnership to boost Lebanon digital payments adoption
- Saudi Space Agency-supported experiments by MENA students return from ISS
- Philippines asks shipowners not to assign its seafarers to Red Sea vessels
Southeast Asia Developments
- Singtel-led consortium, NEC to build Singapore-Japan 8,900km subsea cable
- Thailand plans national crypto sandbox, to allow tourists to spend digital assets
- Vietnam's Ministry of Public Security obtains stake in FPT Telecom
- Indonesia govt to target social media, digital data for more tax revenue in 2026
- ST Engineering, Singapore Power to sell enterprise broadband provider SPTel to Seraya Partners
India Developments
- UIDAI to simplify offline KYC process to boost Aadhaar adoption
- Trump says India trade agreement is near
- Jupiter Money gets corporate agency licence, entering insurance distribution segment
- Govt to offer free AI training for 550,000 village-level entrepreneurs
- Govt to call for information on missing auto PLI claims
