Bayanat to form JV with Korea’s Autonomous a2z, while Wa’ed Ventures invests in South Korea’s AI chipmaker Rebellions
Here’s a look at today's biggest tech stories in the MENA+:
- UAE inks 1st CEPA with an African nation with Mauritius deal
- Bayanat to form JV with Korea’s Autonomous a2z
- Hong Kong bourse allows secondary listings from ADX, DFM
- UAE seeks to restart EU trade talks this year
- Careem Pay launches near-instant transfers to Philippines
- Wa’ed Ventures invests in South Korea’s AI chipmaker Rebellions
- stc Group users can now subscribe to Snapchat+ via app
- Aramco plans $2.2B gas deal with Spanish-Chinese JV
- Economic growth expected to lag Gulf peers this year
- Capital market to maintain momentum in H2 on strong IPO pipeline
- Foreign debt sees record 8.4% decline
- Shell partners Flat6Labs to relaunch startup program
- Compass Capital subsidiary Bonyan plans $120M IPO
- US oil giant Apache to expand local operations
- Big-ticket items get cheaper since EGP devaluation
- Pakistan to host Asia’s biggest Meta Llama competition
- SBP aims to link Raast with Arab regional payment system Buna
- Final auction for state-owned PIA pushed back by 2 months
- IT services revenue up 23.3% in 11 months
- PTA announces draft tariff regulations for telcos
Other MENA+ Developments
- Anghami dominates MENA music streaming despite Spotify’s global lead
- BlackRock sets up UAE research unit for Mideast push
- Kuwait’s inflation declines to lowest since 2020
- Jordan introduces govt national blockchain technology network
- Qatar BNPL services trials see overwhelming interest
Southeast Asia Developments
- Grab makes restaurant booking foray with Chope acquisition
- Malaysia, Singapore expand oversight of social media platforms
- Philippines to push ahead with offshore gaming ban
- Equinix acquires Philippine data centers to expand regional presence
- Malaysia telco U Mobile plans $500M IPO next year
