UAE approves National Investment Strategy 2031, while Zahid Group restarts talks to acquire South Africa’s Barloworld
Here’s a look at today's biggest tech stories in the MENA+:
- National Investment Strategy 2031 approved, targets $65.4B FDI annually
- Al Etihad Payments' new Jaywan-Visa cards to enable payments in 200 countries
- Multiply Group explores sale of district cooling unit
- Dubai Future Foundation restructures board
- Adnoc inks $340M deal with AIQ for agentic AI deployment
- 1st Saudi-owned duty-free retail business launched by PIF
- Derayah Financial shares up 300% on Tadawul debut
- Zahid Group restarts talks to acquire South Africa’s Barloworld
- Acwa Power opens innovation center in China
- FedEx suspends some shipping services to Saudi Arabia
- Headline inflation eases to 12.8% in Feb, down from 24%
- ADNOC Distribution to open flagship fuel station this year
- Govt seeks to attract $12B in FDI this fiscal year
- Careem Pay launches remittance service to Egypt
- Innovation, sustainability key to balancing growth, cultural preservation in tourism sector
- SBP maintains key policy rate at 12% in surprise move
- Remittance inflows grow nearly 40% YoY led by KSA, UAE
- NADRA rolls out inaugural digital identity cards
- Silk Bank, United Bank Limited set to merge after SBP approval
- SIFC approves 28 projects targeting Gulf investment
Other MENA+ Developments
- KSA to lead regional data center growth amid AI hub ambitions
- Qatar challenges UAE and KSA in financial hub race
- Microsoft to develop Kuwait Azure cloud region
- Private equity investment to surge amid global dealmaking resurgence
- Oman seeks to boost renewables leadership with major projects
Southeast Asia Developments
- Deliveroo to shut operations in Hong Kong after 9-year run
- Indonesia's unemployment crisis worsens with factory shutdowns
- SGX eyes listing of Bitcoin perpetual futures in H2
- Logistics firm Mober launches Philippines’ biggest EV charging facility
- Malaysia’s Khazanah backs Yinson’s EV charging unit
