du partners Huawei for 5G in UAE, KSA's Savvy not changing gaming firms' strategies, Kuwait tightens AML oversight, Vietnam opens national space center, India unveils $6.2B economic stabilization fund
Here’s a look at today's biggest tech stories in the MENA+:
- Autogo begins commercial robotaxi services on Yas Island
- du, Huawei partner on UAE 10Gbps 5G advanced connectivity
- DP World launches Jebel Ali Rail Terminal operations, to rerouting logistics from east coast
- UAE approves strategy to attract $272M in investment, entrepreneurship in villages
- Meta halts construction on Gulf segment of 2Africa subsea cable
- SIIG, Unibio to develop $373M bio-protein production project
- Pirelli-PIF JV to complete tyre plant in 2027
- Consumer inflation slows to 1.7%, lowest in a year
- Savvy says it does not plan to use investments in gaming firms to change strategies
- Acwa acquires Badeel, now owns 62% of Shuaibah
- Investment Ministry issues golden licenses to 8 projects worth $1.2B, spanning manufacturing to logistics
- Egypt turns to bank IPOs in privatization drive
- PM reviewing proposals for specialized investment funds, expand private sector role
- Egypt in discussions to double currency swap with China
- Fintech Lucky partners Suez Canal Bank to boost access to digital financial services
- MVNO framework approved, to allow new brands to offer mobile services with existing infra
- SECP raises limit for retail investors' simplified brokerage accounts
- IHC halts super tax recovery for 3 independent power producers
- Oil shock expected to hit 1.5% of GDP
- Phone imports up nearly 30% in 8MFY26
Other MENA+ Developments
- Strait of Hormuz shutdown erases $15B in energy revenues for GCC exporters
- ST Engineering iDirect, Q-KON partner to offer accessible GEO satellite services
- Omnix and Dataiku partner to boost enterprise AI adoption
- Kuwait tightens AML oversight, requires approval for bank compliance officers
- Bahrain's Alba cuts 19% of aluminium production capacity
Southeast Asia Developments
- Indonesia limits AI, digital tech use in schools
- Thai SEC proposes rule requiring crypto firms to share detailed sender, recipient data
- Hyperscaler AirTrunk opens Singapore HQ
- Indonesia, Singapore finalize low-carbon power export plan to support industrial growth
- Vietnam launches Hanoi national space center
