UAE's DFSA launches consultation on climate transition planning principles, while Saudi govt AI company Humain forms ads, gaming division
Here’s a look at today's biggest tech stories in the MENA+:
- DFSA launches consultation on climate transition planning principles
- Google estimates it contributed 1% to 2024 GDP
- Jaywan debit cards to offer generous incentives on launch to boost acceptance
- CBUAE, China’s Cross-Border Interbank Payment System to collaborate on payment infra
- UAE attracted $46B in FDI in 2024
- Govt AI company Humain forms ads, gaming division
- KFUPM becomes first Arab university to enter top 100 universities in QS ranking
- PIF names Talal AlMarri as CEO of new Expo 2030 Riyadh Company
- ST Engineering, stc partner to deliver advanced satellite connectivity services
- Aramco launches Regional Fisheries Development Center
- Egypt ranks 9th in global FDI rankings
- Cabinet approves establishment of Jarjoub SEZ
- Egypt to operate one of Mediterranean’s largest gas wells this month
- CBE issues new licensing rules for payment system operators, service providers
- Contact Financial sees gradually improving economic conditions
- Digital Presence Proceeds Act introduced to tax digital platforms without physical presence
- Govt sees several bidders for Pakistan International Airlines
- Pakistan reaches 200M telecom subscribers
- US-Pakistan ties appear to thaw with army chief's Trump meeting
- PM forms high-level committee to advance digital financial infra
Other MENA+ Developments
- Bahrain, UK sign $2.7B investment deal, covering tech, financial services, decarbonization
- Kuwait approves draft AML law with sweeping fines
- Syria makes first international SWIFT transfer since war, US transactions to begin soon
- Oracle launches Morocco R&D center in North Africa expansion
- UAE banks lead Pakistan govt's $1B fundraise
Southeast Asia Developments
- Baidu plans to launch Apollo Go robotaxis in Malaysia, Singapore this year
- Bolt to boost Thailand ridehailing investment, challenge top three players
- Thailand approves first virtual bank licenses to three groups
- Funding Societies, VPBank collaborate on SmartSME app to finance SMEs
- Singapore central bank warns guardrails needed for AI adoption in financial sector
India Developments
- Q-commerce sector faces shortage of delivery partners
- Foxconn to make iPhone enclosures in Tamil Nadu
- Chinese firms offer tech partnerships as JV rules delay deals
- Applied Materials says Bengaluru chip manufacturing center to attract $2B in investments
- Govt says it will prioritize democratization of AI
