UAE mulls establishing 2nd nuclear power plant, while KSA launches national minerals program
Here’s a look at today's biggest tech stories in the MENA+:
- UAE mulls establishing 2nd nuclear power plant
- ADGM to slash license fees starting next year
- Mawarid, US vertical farming startup Plenty form $680M JV
- CBUAE inks deal with Indonesia to link payment systems
- Samsung announces smart schools initiative with e&
- National minerals program to be launched
- ACWA Power sells stake in subsidiaries to Chinese firm
- Smart mobility firm Alstom establishes regional HQ
- Henkel opens beauty care production plant
- SDAIA's Deem cloud platform generates over $1.3B savings
- Power cuts to be suspended for 2 months starting Sunday
- Online mining portal to be launched by year-end
- Red Sea situation continues to hit supply chains, says Maersk
- AMEA Power set to launch new renewables projects
- Egypt’s total budget deficit down 17% in FY24
- IMF says taxing agriculture key to loan program success
- Islamic insurance mitigating climate change losses for farmers
- Fitch expects govt stability for 18 months
- More services to be brought under tax net at provincial level
- ECP to assess implementation of PTI's reserved parliament seats
Other MENA+ Developments
- Ipsos releases report highlighting TikTok’s impact on consumers
- Informal waste sector presents $20B opportunity
- Careem launches Quik Electronics in q-commerce push
- Qatar’s Meeza partners AMD to bolster AI capabilities
- Oman’s personal income tax rules may pave way for similar GCC moves
Southeast Asia Developments
- Thailand paves way for BRICS, OECD bids with state visits
- Thailand’s National Innovation Agency considers PE trust for startups
- Singapore to boost quantum, AI capabilities in financial sector
- Malaysia to set up duty-free zone in Forest City
- Vietnam leads e-commerce market growth in SEA
