UAE reports $34B crypto inflows as demand surges, while SAMA launches new e-commerce payments interface in KSA
Here’s a look at today's biggest tech stories in the MENA+:
- UAE reports $34B crypto inflows as demand surges
- Indians account for 42% of Dubai’s international student population
- Graphene Innovations Manchester opens Sharjah commercial development center
- ADX sees 99.5% jump in foreign net investment to $3.7B in H1
- Condé Nast acquires Wired Middle East
- SAMA launches new e-commerce payments interface
- FII Conference organizer Richard Attias eyes IPO of events firm
- UiPath taps agentic automation to drive Vision 2030 goals
- Saudi Arabia maintains top marks in two cybersecurity rankings
- RedBox aims to grow smart locker network to 3,000 by year-end, double shipments to 10M parcels
- New Automotive Industry Development Program begins with lower local component ratios
- Bonyan launches first EGX IPO this year
- PM says annual $100B climate pledge to developing countries still not fulfilled
- Naguib Sawiris to to invest $100M in Moroccan project to electrify motorbikes
- Fire at Cairo data center hits telecom, internet, banking services
- Cabinet approves establishment of Virtual Assets Regulatory Authority
- FBR launches AI-based customs clearance system
- Govt targets $44.9B in exports with tariff policy overhaul
- e& discuss investment in digital economy with govt
- Dewan Farooque assembles over 300 Chinese-designed EVs in first 10 months of ops
Other MENA+ Developments
- Xlinks withdraws UK application for $34B Morocco-UK renewable power link
- Middle East drives global sports market growth amid investment, reforms
- Middle East could add $232B to GDP through strategic AI adoption, climate resilience
- Expo 2030 Riyadh Company launches first construction tender
- Tadawul introduces Saudi Depositary Receipts, allowing foreign equities to trade locally in SAR
Southeast Asia Developments
- Trump announces 25% tariffs on Japan, South Korea, Malaysia
- VinFast's charging ports operator targets sixfold increase in chargers to 1M in three years
- Philippines launches 2nd, 3rd phases of National Fiber Backbone project
- Goto, banks commit to training engineers as skilled talent moves abroad
- Huawei launches Singapore's fastest EV charger at 480kW
India Developments
- US air-conditioner maker Carrier joins others in suing govt over e-waste rules
- SoftBank-backed Ola struggles post-IPO amid layoffs, losses
- Blinkit, Instamart gain q-commerce market share at Zepto's expense
- Q-commerce service Amazon Now expands to Delhi
- NODWIN Gaming, Esports World Cup strike partnership
