UAE set to invest $1.4T in the US over next 10 years, while PIF leading as Gulf SWFs set to reach $18T AUM by 2030
Here’s a look at today's biggest tech stories in the MENA+:
- UAE set to invest $1.4T in the US over next 10 years
- Motorola Mobility, e& to enhance enterprise mobility
- Masdar eyes stake in TotalEnergies' Portuguese renewables assets
- DFSA seeks to ease capital requirements for asset managers
- Loyalty programs surge on cross-sector partnerships, AI-driven insights
- PIF leads as Gulf SWFs set to reach $18T AUM by 2030
- Govt announces criteria for 21st wave of VAT e-invoicing integration
- Govt studies removing insurance approvals for health services
- Saudi IPOs and smaller firms see rising interest from global investors
- Tanmiah Food partners Masdar-EDF Group JV Emerge
- Govt speeds up public transport expansion projects before GEM opening
- SCZone rolls out digital services platform for investors
- Monthly gas output falls to lowest level since 2016
- GAFI partners Mashreq Bank to attract more investment
- Microfinance sector grew to nearly $2B last year
- Starlink gets temporary approval for satellite internet services
- Bitcoin mining proposed at inaugural crypto council meeting
- 1st Digital FDI summit planned in April to woo foreign tech investment
- Alibaba looks to Pakistan, other Asian countries amidst changing growth trends
- Zahanat AI launches as Pakistan's first homegrown AI chatbot
Other MENA+ Developments
- Fintech, gaming, and healthcare lead startup funding
- M&As remain resilient on AI, renewables, infrastructure deals
- Gulf royal private offices hit $500B in AUM
- Oman’s transport sector green drive offers investment opportunities
- Tunisia appoints 3rd Prime Minister in less than 2 years
Southeast Asia Developments
- Thai casino plan gets majority backing in public hearing
- Taiwan's Delta Electronics, Foxconn boost Thai investment amid US tariffs
- Indonesia leads regional startup funding slump with 66% decline
- Singapore businesses eye early deals in new Johor SEZ
- Malaysia plans stricter semiconductor rules under US scrutiny
India Developments
- E-commerce platform Meesho hires banks to prepare for $1B IPO
- Indian edtech sector sees surge in demand for AI upskilling
- Govt seeks to facilitate 5,000 unicorns, up from initial 1,000 target
- Amazon slashes referral fees in efforts to drive seller growth
- Snowflake partners Nasscom for data, AI skilling initiative targeting 100,000 Indians
