UAE to maintain investment plans, KSA's Humain acquires land for data centers, Morocco expands vehicle production, Philippines to allow new online lending platforms, India plans new incentives for phone manufacturing
Here’s a look at today's biggest tech stories in the MENA+:
- Schneider Electric, Tradeling partner to introduce industrial automation products
- UAE to maintain investment plans, long-term economic priorities
- AWS disruptions persist a week after UAE, Bahrain data center strikes
- Dubai sets out new rules for outsourcing of government services
- ADIA expands private credit business with Dignari investment, CRC partnership
- New initiative to redirect Gulf cargo to Red Sea ports
- Humain acquires 211 plots of land for data center expansion, rolls out Qualcomm racks
- Saudi Arabia breaks into top 10 mining investment destinations globally in 2025
- Riyad Capital launches first dedicated healthcare fund
- Pakistani PM reiterates support in Crown Prince meeting, following talks with Iranian President
- Network International, ADCB launch AI-powered fraud detection solution in Egypt
- Hot money outflows jump to $1.2B on Wednesday
- Govt caps prices of unsubsidized bread after fuel hikes
- Drug authority in talks with Turkey's Abdi Ibrahim to boost pharma manufacturing in Egypt
- Paradise Textiles to develop $102M integrated fabric facility
- Policy in works to offer installment plans for phone purchases
- 5G pilots to begin next week with all three telecom operators
- Air Link to list Select Technologies unit in PSX IPO following Hisense manufacturing partnership
- Islamabad registers 19,000 ridehailing taxis to boost oversight
- SECP approves first private Shariah screening process for PSX-listed securities
Other MENA+ Developments
- Hapag-Lloyd container ship near Strait of Hormuz struck by projectile fragments
- UNCTAD warns Hormuz disruption now threatening aluminium, container trade
- Bank Nizwa launches Apple Pay for customers in Oman
- Paymentology partners Liabify for payroll-linked financial services
- Morocco expands vehicle production to 700,000 units in 2026
Southeast Asia Developments
- ByteDance partners Aolani Cloud to deploy 500 Nvidia Blackwell systems in Malaysia
- Hong Kong's Accelerated Infrastructure to develop $2.1B Ho Chi Minh AI data center campus
- Indonesian BNPL Kredivo acquires Vietnamese digital bank Timo
- Singapore logistics firm GLP plans Hong Kong IPO at $20B valuation
- Philippine SEC to allow new online lending platforms, proposes $1.7M capital threshold
India Developments
- Virtual Asset Lab being developed to monitor offshore crypto platforms
- New incentive package being developed for localized phone manufacturing
- India working on $10.8B fund to subsidize domestic chipmaking
- Netflix opens VFX and gaming studio in Hyderabad
- India's PC shipments hit record in 2025 on AI notebook and enterprise demand
