UAE-US AI campus on track to open this year, NEOM project cancellation bill reaches $16B, Future Fund Oman plans $1.5B investment in priority projects, Malaysia to institutionalize National AI Office, Amazon to expand Now service to over 100 cities in India
Here’s a look at today's biggest tech stories in the MENA+:
- Phase one of UAE-US AI campus in Abu Dhabi on track to open this year
- Play971 stresses player protection for first licensed betting platform
- UAE, Oman in discussions to back Botswana's acquisition of De Beers
- Bybit rolls out tokenised IPO access
- Quality advice increasingly key as Dubai’s real estate brokerage industry matures
- Riyadh prepares to host UN World Data Forum 2026 in November
- PIF funding for LIV Golf may dry up faster than expected
- NEOM project cancellation bill reaches $16B
- Saudis cuts Asia oil prices for July, but still at decades high
- PIF-owned Riyadh Air launches new destinations as part of expansion drive
- Coca-Cola HBC Egypt commits $1.3B to local market
- Privatization drive expected to deepen financial markets
- Banque du Caire IPO postponed amid regional conflict
- New industrial projects launched in Alexandria, to offer 20K+ jobs
- FRA to overhaul insurance sector with tenfold capital requirement
- Gul Ahmed Energy to develop $230M Tier III data center
- Telenor considers selling Easypaisa in Pakistan exit
- Karachi Port Trust to develop crypto zone with Saudi businesses
- Hisense launches in Pakistan with Airlink partnership
- Pakistan to cut tariffs on logistics, pharma imports
Other MENA+ Developments
- US studying use of Iranian assets to help Gulf allies rebuild
- Paramount’s Warner acquisition comes under EU scrutiny over GCC funds backing
- HashKey, Aptos, Daya to pilot stablecoin-based cross-border payments corridor
- Ooredoo launches standalone tower infrastructure firm
- Future Fund Oman plans $1.5B investment in priority projects
Southeast Asia Developments
- Singapore launches supercomputer to support LLM development, health research
- Malaysia to institutionalize National AI Office
- Thai govt R&D body calls on National AI Committee to study automation tax
- Vietnamese EV taxi operator Green SM begins India operations
- Digital Realty launches Malaysia operations
India Developments
- Amazon to expand Now service to over 100 cities, with 1,000 dark stores
- Blackstone-backed AirTrunk commits $30B to develop 5GW of India data centers
- India, Nepal to collaborate on voice-first multilingual AI
- Niti Aayog calls on govt to focus reforms on investment growth, not consumption
- RBI expands direct equity access for foreign investors, doubles investment limits
