UAE's ADGM Registration Authority updates Commercial Permits framework, KSA makes up 84% of regional dividend payouts, OPEC+ to raise oil output targets from September, Vietnam drafts under-16 social media ban, India's private sector growth slumps to four-year low in July
Here’s a look at today's biggest tech stories in the MENA+:
- Mubadala Capital tokenizes private markets fund with Kaio
- ADIB becomes first bank globally to adopt Visa Threat Intelligence Platform
- UAE says it is ahead of schedule for $1.4T US investment pledge
- Emirates NBD’s Q2 profit remains steady, signaling economy's resilience to war
- ADGM Registration Authority updates Commercial Permits framework
- Zain launches Saudi Arabia’s first 5G+ offering for consumers
- Trump says US-Saudi nuclear deal now conditional on signing Abraham Accords
- KSA makes up 84% of regional dividend payouts
- EU approves PIF's $55B EA deal under antitrust regulations
- Flying taxi maker FlyNow moves global HQ to Riyadh
- Spotify introduces personalized summer in-app experience
- Egypt plans Africa's first virtual hospital in Ismailia
- Income to invest $280M in Alexandria data center
- Egypt ramps up hotel development to boost tourism
- 39 new cities developed in last decade
- Pakistan, India, Southeast Asia among US trading partners hit with new tariffs
- Meta to train 1,000 Pakistani SMEs in digital business, AI tools
- Telenor considering complete exit from Pakistan with Easypaisa stake sale
- National University of Technology to establish Pakistan's first industrial AI hub
- Zong launches 5G services after securing license
Other MENA+ Developments
- US Treasury signals Iraqi banks to work towards rejoining global finance system
- M&A market recalibrates amid evolving risks
- QatarEnergy extends LNG force majeure into October
- OECD says Morocco's 35% corporate tax among world's highest
- OPEC+ to raise oil output targets from September
Southeast Asia Developments
- Philippine authority expects Pax Silica hub to attract $40-70B in investment
- Vietnam drafts under-16 social media ban
- SEA's MariBank secures Philippines digital bank license
- Vietnam proposes framework to identify domestic tech firms for development into global players
- Danantara takes over $9.5B in govt assets, becomes Indonesia's largest asset manager
India Developments
- Payments firms push back on one-click UPI checkout, citing competition impact
- India eases e-commerce investment rules for exports
- Govt bars telecom data from being shared outside India
- Private sector growth slumps to four-year low in July
- House finance panel calls for digital asset regulatory framework
