Dubai gathers business leaders to discuss Iran war recovery, KSA to restart Ras Tanura Gulf oil exports, Morocco introduces new stock listing rules, GCash prepares Philippines' biggest ever IPO, India plans unified command center to respond to AI risks
Here’s a look at today's biggest tech stories in the MENA+:
- Revolut to expand beyond retail banking in UAE, but focus on core payments business first
- Dubai gathers business leaders to discuss Iran war recovery
- Unclear if under-15 social media ban extends to gaming, other digital platforms
- KERNO launches UAE's first enterprise IT hardware manufacturing facility in Silicon Oasis
- MSD studying new regional logistics hub in Abu Dhabi
- SNB, Checkout partner to scale e-commerce payments
- Saudis to restart Ras Tanura Gulf oil exports
- April trade surplus more than doubles to $6.8B
- Saudi Arabia expected to host Iran-GCC talks after war
- Riyadh, Tokyo explore smart cities cooperation
- Erada, Axis Pay partner to enable loan disbursements via e-wallets
- EETC, Heca Data study electricity requirements for new data center
- Huawei Cloud launches model-as-a-service allowing firms to use LLMs without infrastructure
- MSMEDA, EGX to cooperate on expanding MSME access to financing tools
- Planning Ministry to prioritize digital infrastructure in boosting economic competitiveness
- Oppo, Ufone sign 5G collaboration agreement
- 92% of retail payments made digitally in Jan-March quarter
- National Tariff Policy 2025-30 targets 50% cut in import taxes
- Over 180,000 retail investors entered market in current FY
- President gives assent to Finance Bill, formally enacting federal budget
Other MENA+ Developments
- Iran strikes cargo ship in Hormuz, pausing UN evacuation plan
- UAE investors commit $6B to new projects in Uzbekistan
- Morocco introduces new stock listing rules
- Iraq threatens to leave OPEC if oil quota not raised
- Oman launches utility solar farm tenders, introduces community-based solar program
Southeast Asia Developments
- Philippines, Indonesia, UAE to begin talks to join CPTPP trade bloc
- FPT, Microsoft expand AI partnership to focus on enterprise adoption
- GCash prepares Philippines' biggest ever IPO
- Pony.ai expands Singapore Robotaxi service with ComfortDelGro app
- Singapore to upgrade PayNow instant payments with features beyond transfers
