Abu Dhabi, Dubai rank as world’s top emerging data center markets, while Saudi PIF tops GCC peers in Global SWF’s governance, sustainability, resilience assessment
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi, Dubai rank as world’s top emerging data center markets
- GCAA unveils first-ever dual-use air mobility regulations
- G42 CEO Peng Xiao named chairman of Cleveland Clinic Abu Dhabi
- Aspire Space, Leap71 partner to develop reusable space launch vehicle
- CNN launches high-tech broadcasting facility
- PIF tops GCC peers in Global SWF’s governance, sustainability, resilience assessment
- Maersk, Saudi Post partnership to boost e-commerce businesses
- Ma’aden buys out Alcoa's 25% stake in mining JV
- ACI, iNet to partner on POS infrastructure, digital payments
- New investment law seen as needed to hit 2030 target for $100B FDI
- Mastercard unveils AI-powered card fraud prevention service
- Researchers unveil insights from first genome sequenced
- Chinese Premier Li Qiang to visit Egypt in regional diplomatic push
- Egypt to hold senate elections on August 4-5
- Renewables boom continue to lead FDI influx
- AliExpress stops low-cost shipping methods to Pakistan with new customs tax rules
- IMF rejects govt proposal to subsidise electricity for crypto mining, industrial sectors
- US to invest as much as $1B in mineral sector
- SBP reserves surpass IMF target, jumping $5B to $14.5B
- 5G auction on hold amidst lack of resolution with Telenor-PTCL merger
Other MENA+ Developments
- Brookfield acquires substantial stake in Oman Tower Company
- Oman unveils Advanced Air Mobility Sandbox to support air taxi, cargo drone development
- Deepfakes emerge as rising threat to GCC in AI era
- Ooredoo launches sovereign AI cloud leveraging NVIDIA Hopper GPUs
- 37 firms bid in Libya’s first energy tender in decades
Southeast Asia Developments
- Vietnam strikes US trade deal, cutting tariff to 20%
- Saudi Arabia, Indonesia sign $27B in deals covering energy, healthtech
- Southeast Asia gains momentum as esports hub
- Schroders sets up Singapore digital assets hub
- Micron's upcoming Singapore plant to boost production of AI-enabling HBM chips
India Developments
- Mashreq gets in-principle approval to become first UAE bank to set up in India's GIFT City
- Foxconn recalls staff from India, potentially hitting iPhone 17 production
- RBI, banks partner on new AI platform to fight payment fraud
- Krafton sees limited profitability but immense growth potential
- IEA backs India's digital energy stack
