AD Ports expands to Brazil, KSA's NEOM becomes niche route for GCC importers, stc Bahrain launches AI-enabled autonomous cyberdefense center, Singapore to create AI agents registry, Indian firms launch Digital Commerce Coalition
Here’s a look at today's biggest tech stories in the MENA+:
- AD Ports expands to Brazil, making biggest-ever acquisition of CLI
- AD Gaming, ASPIRE partner on AI-driven game development
- Core42 triples US data center capacity
- FAB launches in Nigeria, marking expansion to 22nd market
- Du launches VC arm to boost access to emerging tech
- Tadawul proposes framework for sukuk, debt instruments
- NEOM becomes niche route for GCC importers
- SAMA now requires advance notice for investment rounds
- Riyadh introduces flexible working hours in major business districts
- Non-oil PMI hits three-month high in May on strong domestic demand
- S&P launches consultation on demoting Egypt to frontier market status
- PMI shows slowing non-oil private sector contraction in May
- Egypt, Korea host inaugural strategic dialogue, pushes for tech transfer
- Emaar Misr clarifies that it has yet to appoint CEO
- Planning Ministry unveils $71B development plan for FY2026/27
- Operational infrastructure in the works for Virtual Assets Act
- Govt seeks Saudi support to develop nationwide digital health records system
- Binance, Telenor Pakistan to collaborate on digital innovation, education initiatives
- Govt's Digital Youth Hub reaches 800,000 registered users
- 5G rollout begins in 22 cities
Other MENA+ Developments
- GCC-EU trade agreement could be signed at Riyadh leaders summit in October
- USTR proposes 10-12.5% tariffs on key trading partners, citing forced labor
- Alba to acquire EU's largest smelter Aluminium Dunkerque in $2.2B deal
- stc Bahrain launches region's first AI-enabled autonomous cyberdefense center
- Iran strikes Kuwait airport, escalating conflict in GCC
Southeast Asia Developments
- Three international firms apply to offer satellite telecom services in Philippines
- FPT, Nvidia to develop Vietnam AI dataset
- Singapore to create a registry of AI agents
- Grab studying potential pilot programs in Vietnam for autonomous vehicles, delivery robots
- Applied Materials to expand SEA workforce by 25% to grow manufacturing
India Developments
- Tata to license Chery platform to build EVs locally from 2027
- Karnataka sets up Quantum taskforce to support research, startups, adoption
- Anthropic to provide access to Mythos cybersecurity model to India
- Eternal, Swiggy, Zepto, Amazon, Meesho form new e-commerce industry body
- Foreign investment in Indian stocks falls to lowest in decade
