Dubai EV power consumption up 25% as demand for chargers grows, whileSaudi Arabia receives final stamp to officially host Expo 2030
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai EV power consumption up 25%, as demand for chargers grows
- ADNOC to grow US energy investments six-fold to $440B in next decade
- G42, Liquid AI partner to commercialize enterprise GenAI solutions
- DMCC, AQUA-INDEX launch world's first freshwater-backed digital asset
- Damac's Edgnex to develop new $2.3B Jakarta AI data center
- Saudi Arabia receives final stamp to officially host Expo 2030
- Saudi Industrial Development Fund makes first global private equity investment
- MIS divests fully from US AI firm Anthropic
- 53% of adults use Google's Gemini AI assistant, with 1 in 3 using it daily
- EFG Hermes introduces securities borrowing and lending services in Saudi Arabia
- Parliament approves FY2025-26 economic plan, targets 4.5% growth despite instability
- Egypt increases gas supplies to Jordan amidst Israeli disruption
- Orange, Huawei partner to deploy 5G in AI, other emerging tech
- Acciona consortium secures deal for wastewater treatment complex
- Swypex launches Egypt’s first approval-based limits corporate card
- IT exports dip after 19 consecutive months of growth
- Govt withdraws increased sales tax on hybrid vehicles, solar
- $3B combined loss among SOEs contributed significantly to country's economic challenges
- My Zong app launches Pakistan’s first AI-powered multi-sport platform
- Reko Diq progresses with $3B project financing for phase 1
Other MENA+ Developments
- Israel–Iran conflict seen as hitting GCC IPO pipeline, valuations
- Hapag-Lloyd, Maersk roll out MENA price hikes amidst conflict
- UAE, Saudi Arabia could be reclassified as developed markets for bonds
- Mindware expands Autodesk software partnership to rest of GCC
- Morocco to produce parts for Boeing’s 737 MAX
Southeast Asia Developments
- Malaysia launches Digital Asset Innovation Hub, regulatory sandbox
- Berjaya Land studying Malaysia rare earth mining
- Thailand approves income tax exemption on licensed crypto sales until 2029
- Singapore, Thailand economic growth to be hardest hit by tariffs in 2026
- Philippines to adopt Crypto-Asset Reporting Framework by 2028
