Telr secures CBUAE license for Retail Payment Services, while Trendyol growth surges as KSA becomes 2nd-largest global market
Here’s a look at today's biggest tech stories in the MENA+:
- New electronic invoicing rules introduced for businesses
- Telr secures CBUAE license for Retail Payment Services
- RTA, ENOC Group to explore green hydrogen-powered mobility
- Sheikh Tahnoon holds talks with BlackRock, Microsoft, Nvidia leaders
- Asset manager Lunate launches APAC-focused venture
- Aramco introduces 1st direct air capture unit
- Trendyol growth surges as KSA becomes 2nd-largest global market
- US agrees to advanced precision rocket sale to Kingdom
- KSA, UAE lead Gulf sovereign wealth fund growth
- MDLBEAST Records, artists leverage AI tools for music production
- Hapag-Lloyd chief sees Suez Canal crisis persisting
- PM denies reports of Banque du Caire sale
- New ICT skilling initiative launched targeting 5,000 youth
- MNT-Halan gets FRA approval for e-KYC, digital contracts
- AngloGold Ashanti to boost mining investment
- Carnegie Endowment for International Peace to host event on Pakistan's geopolitical challenges
- Profit repatriation doubles to $1.55B in 8M FY25
- BankIslami launches digital Islamic banking solution Aik
- Paysa Technologies secures SBP approval for EMI license
- Court resumes hearing petitions challenging govt’s X ban
Other MENA+ Developments
- Foreign investors bought $60B in GCC stocks over last 5 years but ownership still low
- Major M&A deals drive growth in AI, renewables, infrastructure sectors
- Gushcloud to set up Abu Dhabi regional HQ
- Oman’s OPAZ slashes service fees in economic zones by half
- Bahrain-Hong Kong investment deal enters into force
Southeast Asia Developments
- Tech startups raised $909M in Q1 driven by late-stage funding
- Thailand’s digital economy seen growing 7.3% YoY
- Thailand sees surge in data center investment from global players
- Philippines’ PLDT Group seeks to bring back Smart Money e-wallet
- Vietnam eases foreign ownership rules for banks amid overhaul
India Developments
- IndiaAI Mission partners Gates Foundation for AI in healthcare, agriculture
- $23B plan to boost domestic manufacturing set to lapse
- BIS seizes uncertified items at Amazon, Flipkart warehouses
- Andani in talks to buy Emaar's $1.4B India unit
- Elon Musk's X files legal challenge against govt’s content curbs
