Adnoc mulls listing investment arm XRG on global exchange, while Saudi Arabia now makes up nearly half of MENA’s $30B franchise market
Here’s a look at today's biggest tech stories in the MENA+:
- Adnoc mulls listing investment arm XRG on global exchange
- Adnoc eyes US natural gas producing fields to expand presence
- S&P sees insurance sector growing 20% this year
- Sharjah’s economy projected to expand up to 7.5% in 2025
- Abu Dhabi exploring potential AIQ listing as AI surges
- KSA makes up nearly half of MENA’s $30B franchise market
- DP World, Mawani launch $800M terminal in Jeddah
- Execs reportedly shielded Crown Prince of NEOM challenges
- E-commerce jumps 45% in January to $5.5B
- Huawei Cloud partners Zain KSA to boost cloud adoption
- Elsewedy Electric to establish $500M subsea cable plant in regional first
- FABMisr rolls out corporate online banking platform
- Increased oil and gas investments generate $1.5B savings
- Govt seeks to streamline real estate funds woo FDI
- ETA sets 12 May deadline for settling pre-2020 tax disputes
- Govt in talks for $4.4B loan to address energy sector debt
- Coworking spaces emerge as new asset class
- Pakistan emerging as global tech hub on record IT exports
- Pakistan rejects IMF's call for carbon tax on fuels, ICE vehicles
- Huawei’s ICT training programs benefit over 20K youth
Other MENA+ Developments
- Gulf-Asia bilateral trade to hit $578B by 2030 amid growing ties
- Tadawul leads Arab exchanges with 62% of total market cap
- UAE, KSA continue to lead regional greenfield projects pipeline
- Bahrain-made satellite to be launched as part of SpaceX mission
- Jordan to tap $6.3B uranium reserves for clean nuclear energy
Southeast Asia Developments
- Grab inks 4 deals to integrate AVs in transport, deliveries
- Banks’ shares slump amid skepticism of Indonesia's new SWF
- Singapore’s YCH eyes at least 4 $300M SuperPorts in region by 2030
- India’s Razorpay enters Singapore in SEA push
- Vietnam, Singapore boost Green-Digital Economic Partnership
