UAE inks 5th CEPA deal with Georgia, while KSA gets boost in sovereign rating, outlook on reforms
Here’s a look at today's biggest tech stories in the MENA+:
- UAE inks 5th CEPA deal with Georgia
- Presight AI’s IPO oversubscribed by 136x
- Abu Dhabi TII developing ChatGPT rival Falcon LLM
- Dubai targets 80% e-hailing for taxi rides
- Overall consumer spending up 19% last year
- S&P, Moody's boost sovereign rating, outlook on reforms
- 1st phase of Riyadh bus service launched
- Kingdom 4th globally for digital system preparedness
- Changes to citizenship rules announced
- Tawadul market value soars 476% in 5 years
- Turkey, Egypt agree to restore ties
- EGX partners FRA to launch fintech support center
- SMEs contribute 43% to economic growth
- Personal income tax exemption threshold to be raised
- AD Ports inks 30-year deal for Safaga Port
- SBP scraps debit, credit card transaction fee
- PM announces petroleum relief package
- Imran Khan announces major rally amid clashes with police
- CPEC likely to see entry of 3rd parties
- Policy rate hike likely amid high inflation
Other MENA+ Developments
- Kuwait court issues ruling to restore dissolved parliament
- Jordan collaborating with Arab states to develop social media strategy
- Qatar begins consultation on National Blockchain Blueprint
- Oman to start regulating advertisements on websites, social media
- India ramps up Gulf consultations ahead of G20 Summit
Southeast Asia Developments
- Thai e-commerce enters new stage of growth
- Indonesian workers push back on new rules allowing 25% pay cuts
- Singapore calls on India to boost trade with SEA
- Vietnam’s finance ministry proposes special tax on online gaming firms
- Malaysia’s February exports surge 9.8%