e& to sell $100M stake in Careem to Uber, Moody's affirms Saudi Arabia’s Aa3 rating, Ooredoo establishes Qatar’s first quantum-safe comms link, Samsung proposes $1.5B chip testing plant in Vietnam, Sarvam AI opens San Francisco office
Here’s a look at today's biggest tech stories in the MENA+:
- Hong Kong biotech InSilico weighs ADX secondary listing, in first for non-GCC player
- e& to sell $100M stake in Careem to Uber
- Asprofin Bank evaluating $12B UAE sovereign data center program
- AD Ports, NYU Abu Dhabi to develop AI port operations system
- MGX backs Anthropic's $65B round
- China's ZOE Energy to develop Saudi battery storage manufacturing hub
- Kingdom Holding unveils SpaceX holdings worth $10.6B ahead of IPO
- Moody's affirms Saudi Arabia’s Aa3 rating despite Iran war
- Local contractor MGC sets IPO range, targeting $800M raise
- Saudi cooling project aims to reduce Riyadh temperatures by up to 15°C
- Egypt's new budget allocates $1.7B to production, exports, entrepreneurship
- Chip, embedded systems, mobile services added to Export Development Fund categories
- FRA cuts fees for digital real estate investment platforms
- Egypt tops African EV sales in 2025
- EGX shifts focus to family businesses for next slew of listings
- PM pushes for Alibaba support in developing Pakistan digital economy
- Second national E-Commerce Policy finalized, to prioritize trade promotion, simplify integration
- Pakistan, US agree to expand investment cooperation during Rubio meeting
- Pakistani freelancers earned $950M in 10M FY26, up 49%
- Pakistan plans strategic oil reserve
Other MENA+ Developments
- Ooredoo establishes Qatar’s first quantum-safe comms link
- Savvy, EV Bee partner to develop world's biggest off-grid EV charging network
- Iran says draft US deal includes releasing $12B in assets
- Attijariwafa Bank launches Morocco's first digital bank
- Adnoc exports LNG through Hormuz to India
Southeast Asia Developments
- Sea sets up investment team to support external, internal AI projects
- Samsung proposes $1.5B chip testing plant in Vietnam
- Ascend Bank to join first wave of Thailand’s digital banks
- Japan, US, Philippines to hold joint AI, energy investment forum
- Grab faces data security scrutiny in Taiwan FoodPanda acquisition
India Developments
- India evaluating tax support, fiscal incentives to localize EV battery manufacturing
- Sarvam AI opens San Francisco office
- CERT urges firms to contain exploited bugs within 12 hours
- New smartphone manufacturing PLI targets 55% domestic value addition
- India to unveil measures to attract foreign capital inflows to support Rupee
