DP World and Evyap Group establish Turkish logistics hub, while PIF seeks to raise Selfridges stake to 50%
Here’s a look at today's biggest tech stories in the MENA+:
- Temasek’s Mapletree plans UAE office for Middle East foray
- Abu Dhabi airport, ICP introduce biometric Smart Travel initiative
- DP World, Turkey's Evyap Group establish new logistics hub
- Dubai’s RTA boosts bus fleet in public transport drive
- Renewables developer Masdar raises $1B in green bonds
- PIF seeks to raise Selfridges stake to 50%
- KSA boosts cooperation with Asian partners for green push
- KSA eyes Brazil, Chile for global mining expansion
- Govt agencies increase adoption of emerging tech by 10%
- 5 new mineral exploration licenses launched
- US’ Lionsbridge plans $3B phosphoric acid plant
- UAE’s BEEAH mulls waste management investment
- Natural gas production reaches 6-year low
- First unicorn MNT-Halan raises fresh funds for expansion
- NTRA issues new telemarketing regulations
- EVs still expensive, operating costs marginally better than hybrids
- Abu Dhabi Ports to invest $250M over 10 years
- Zong 4G added 400 new 4G sites in H1 2024
- FDI up 17% to reach $1.9B in FY24
- Chinese power plants asked to switch to domestic coal
Other MENA+ Developments
- Investors seek to boost yuan-denominated assets as ties grow
- More startup investment needed to navigate climate change impact
- ADIA, EQT consortium submits takeover bid for India’s BSV
- GCC bonds, sukuk issuance up 38% in first half
- Bahrain’s Gulf Air to establish major MRO facility
Southeast Asia Developments
- Hong Kong bourse sees more delistings than IPOs this year
- Thailand eyes new financial business law to woo FDI
- Indonesia Investment Authority to ramp up green push
- Philippines, China agree on deal to ease South China Sea tensions
- Malaysia passes Personal Data Protection Amendment Bill
