DMCC Gaming Centre reaches 150 gaming firms, Riyadh Air begins operations, XPeng expands to Morocco, PLDT plans Philippines' first data center Reit listing, Zoho launches India-designed server platform
Here’s a look at today's biggest tech stories in the MENA+:
- ReFarm nears completion of phase one of waste-to-value facility in Dubai
- DMCC Gaming Centre reaches 150 gaming firms
- FAB's $5B derivatives deal comes under IMF scrutiny
- SCC establishes UAE HQ
- Mubadala studying acquisition of major European fast food operator Restaurant Brands
- Doctify expands to Saudi Arabia
- Monshaat to host Social Entrepreneurship Week
- Saudi Arabia, Türkiye in discussions to partner on AI, smart mobility, digital infrastructure
- Riyadh Air begins operations despite year of delays, conflict
- 24 bidders qualified for 13,000 sq km of mining exploration sites
- Inflation slows to 14.6%, in 2nd month of slowing despite war pressures
- SFE plans Africa investment fund in first overseas expansion
- 91% of consumers in Egypt use AI to shop
- AD Ports kicks off trial operations at Noatum Ports’ Safaga Terminal
- Egypt targets 4.8-5.2% growth in FY 2026/27, 6.8% by 2030
- Govt considering 25% sales tax on imported EVs
- 87% of Pakistan's Alibaba transactions originate from Sialkot
- Freelancers call on govt to extend tax relief as earnings near $1B
- 10-20% tax on crypto gains to be introduced in upcoming budget
- May sees highest-ever monthly remittances at $4.3B
Other MENA+ Developments
- Brookfield, GIP shortlisted for $7.5B Kuwait pipeline deal
- Leading Chinese EV maker XPeng expands to Morocco
- QIA backs microsatellite maker Iceye
- Lulu explores investment opportunities in Vietnam
- Oman to position as global investment destination with new international financial center
Southeast Asia Developments
- DayOne, TNB partner for 1GW renewable energy supply
- PLDT plans Philippines' first data center Reit listing
- HSBC, Mastercard partner on Singapore agentic B2B payments pilot
- Indosat, Nokia partner to deploy 5G network in Indonesia
- Malaysia launches MY Value Up initiative, to support local firms with state funds
