UAE exports record oil volumes following OPEC exit, Saudi PIF surpasses $1.2T AUM target for 2025, Muscat Airport Free Zone turns operational, Thailand works on stablecoin laws, $13.2B funding approved for India Semiconductor Mission 2.0
Here’s a look at today's biggest tech stories in the MENA+:
- OSN Streaming proposes acquisition of Anghami
- UAE exports record oil volumes following OPEC exit
- Emirates NBD in discussions to acquire HSBC's Türkiye
- Adia backs $3.1B IPO of Hong Kong Apple supplier Luxshare
- Digital Dubai launches new Dubai Data Manual governing data use
- PIF surpasses $1.2T AUM target for 2025
- KSA, China reaffirm commitment to enhancing economic, investment ties
- Unemployment nears record low of 6.4% in Q1 2026
- Almarai inks MoU with VCM to explore voluntary carbon market participation
- Tax waiver extended until end of year
- France's Africa Global Logistics proposes acquisition of Egytrans Nosco
- Arady Misr unveils Egypt’s first fractional property investment platform
- Electricity ministry says no blackouts, electricity price hikes planned for households this summer
- Mobile internet subscriptions up 9.5% in Q1 to hit 94.4M
- Jotun invests over $100M in new plant
- Telenor-Ufone merger gets Islamabad High Court approval, to be rebranded as e&
- Govt expects easing inflationary pressure as Hormuz reopens
- Pakistan aims to send 1M workers to Saudi Arabia by 2030
- FBR misses IMF tax collection target by $3.5B
- GDP hits four-year high of 3.7% in FY2026-27
Other MENA+ Developments
- Zain Kuwait gets license for Syria mobile phone network
- Paramount's Gulf-backed takeover of Warner Bros faces resistance in UK
- Muscat Airport Free Zone turns operational
- Morocco becomes Renault’s second-largest production hub
- Visa launches AI, tokenization innovations for digital commerce
Southeast Asia Developments
- Singapore introduces data center energy efficiency, security rules in draft bill
- Shopee, Meta to connect Instagram professional, Shopee affiliate accounts
- Malaysia launches semiconductor incubation program SemiconStart
- Thailand working on stablecoin laws, to initially limit to institutions
- Vietnam targets top three ASEAN countries for investment environment, top 30 worldwide by 2028
India Developments
- Japan, India to work on yen-rupee settlement scheme
- DoT opens applications for companies seeking authorization to provide telecom services
- Tata Communications unveils India-Singapore strategic subsea cable investments
- Burundi in discussions to use Indian stack for digital ID, payments
- Finance Ministry approves $13.2B funding for India Semiconductor Mission 2.0
