Govt considers issuing 10-year golden business licenses, while ServiceNow cites booming tech talent as rationale for Saudi entry
Here’s a look at today's biggest tech stories in the MENA+:
- Govt considers issuing 10-year golden business licenses
- ADX sees strong IPO pipeline in 2024
- Investors increasingly eye tech, renewable, tourism sectors
- Global SMEs setting up in Dubai surge 550%
- Florida social media ban draws mixed responses from UAE experts
- ServiceNow cites booming tech talent as rationale for Saudi entry
- Greenfield FDI up over 2x last year driven by Chinese investments
- Ericsson, stc working towards more sustainable network
- Outlier Ventures partners NTDP for Web3 accelerator
- MBC Group sees Shahid as 'growth mechanism'
- Zoomcar to onboard more cars via third-party tie-ups
- Cabinet approves $135B budget for 2024-25
- Amazon partners banks for 0% interest installment plans
- Saudi ADES to invest $66M to boost oil production
- Telecom Egypt partners Tejas for skills development
- SIFC seeks to woo investors for development of chip industry
- PSO warns of energy supply chain disruptions
- CCP to work with Chinese regulator to bolster competition framework
- Profit repatriation of MNCs up 3.4x in 8MFY24
- Freelance industry calls for govt collaboration to tackle challenges
Other MENA+ Developments
- Saudi Mobily emerges as fastest growing telco in region
- $5B Africa Energy Bank to begin operations this year
- Kuwait plans $410B investments to boost oil, gas output
- Oman central bank to introduce globally recognized IBAN system
- Turkish neobank Misyon partners Taurus for crypto services
Southeast Asia Developments
- Grab Thailand eyes double-digit growth this year
- Indonesia-backed digibank LinkAja secures Mitsui backing
- Singapore’s competition regulator appoints new chief
- Philippine central bank unveils payment systems guidelines
- Philippines NTC orders ISPs to block Binance access
