ADGM launches consultation on draft whistleblowing rules, while Saudi Arabia unveils Digital Transformation Index 2024
Here’s a look at today's biggest tech stories in the MENA+:
- Mubadala leads funding round for Indian NBFC Avanse
- ADGM launches consultation on draft whistleblowing rules
- CBUAE grants Mercury in-principle approval for payments license
- Infibeam Avenues UAE unit targets $25M pre-IPO fundraising
- ICD mulls ALEC listing as real estate market booms
- Digital Transformation Index 2024 unveiled
- Fintech Rasan gets CMA approval for Tadawul IPO
- Spain acquires Telefonica stake to counter Saudi influence
- PE activity surged over past 5 years, hit $4B in 2023
- New program launched to boost space industry workforce
- 6 new golden licenses to bring in $117M investments
- Egypt leads Africa with 109 hotels in pipeline
- Govt begins repayments for 20% of oil company arrears
- 2 deals inked for oil exploration in Gulf of Suez
- Govt targets 4% growth in FY25
- Global investors including UAE, Qatar eye PIA deal
- US opposes Pakistan-Iran gas pipeline project
- NADRA compromised data of 2.7M citizens over 5 years, says probe
- Consumer confidence rises 6.1% MoM
- Leading exporters, taxpayers to get govt incentives
Other MENA+ Developments
- Manufacturing firms tap GenAI, automation to tackle challenges
- Jordan’s Tamatem Games moves HQ to UAE after ADIO backing
- Qatar considers 5-year visas to woo freelance talent, entrepreneurs
- Khedmah launches e-wallet in Oman after cenbank approval
- Future Fund Oman to invest $5.2B in national projects, SMEs
Southeast Asia Developments
- HSBC announces $1B growth fund to support digital businesses
- Apple to explore investments in Indonesia
- Indonesia’s last-mile delivery providers struggle amid rising competition
- Philippines to launch Maharlika wealth fund in Q3
- Computer maker Advantech targets Malaysia for regional hub
