Dubai reaches record 3.6M population, while France backs Saudi Expo bid
Here’s a look at today's biggest tech stories in the MENA+:
- DP World strikes deal to double capacity at Indonesian container terminal
- Covestro rejects ADNOC takeover, cites low offer
- Dubai reaches record 3.6M population
- Space Agency seeks private participation for 2028 asteroid belt mission
- GDP grew 7.9% in 2022
- Holy sites now host 2,900 5G towers
- Saudi-Iraqi transmission line inaugurated
- Aramco, TotalEnergies sign $11B deal for petrochem facility
- France backs Saudi Expo bid, sparking European criticism
- Govt to send one of biggest delegations to China's “Summer Davos”
- Govt seeks proposals to boost renewable energy percentage commitments
- Egyptian cabinet sets up India ties unit
- Misr Technology Services added to TSFE's pre-IPO fund
- EgyptSat2 satellite to launch in October with $92M in Chinese backing
- Egypt, India target $12B in trade within five years
- Pakistan to introduce taxes raising $750M in bid for IMF funding
- Economic meltdown drives Pakistanis to leave for Europe
- Parliament passes bill allowing former PM Nawaz to return
- Pakistan, UAE group sign major renewables deal
- Export-led economy key to stabilizing balance of payments
Other MENA+ Developments
- Lebanon stays off FATF graylist
- Morocco delays Abraham Accords summit
- QIA buys 5% stake in parent of NBA's Washington Wizards
- Afreximbank, CBE discuss addition of Egypt to Pan-African payments system
- Nigeria now among top-10 countries for crypto adoption
Southeast Asia Developments
- GoTo JV begins construction on Indonesia e-scooter plant
- Vietnam to extend VAT cut till year-end as slowing demand bites
- More Chinese EV companies studying Thai manufacturing
- Kakao Mobility, Vingroup to develop EV, AV tech
- Singapore studies guidelines for intangible asset valuation
