UAE govt to introduce regulations for the use of AI in healthcare, while PIF's US publicly traded holdings down 55% from $60B in 2021
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi-listed Agthia buys local mineral water desalination firm Riviere
- Digital AED launch nears, as new AED symbol unveiled
- Govt to introduce regulations for the use of AI in healthcare
- Microsoft to support Presight AI-Startup Accelerator in UAE
- Bitpanda obtains broker-dealer license from Dubai’s VARA
- Aramco looks to invest in Indian refineries
- Unemployment falls to 7% in Q4 in win for Vision 2030
- Canada’s Visionary in talks with PIF, Qatar’s Alfardan for new Hong Kong fund
- King Saud University researchers use AI to design peptides binding to plastic pollution
- PIF's US publicly traded holdings down 55% from $60B in 2021
- ADQ's Modon to develop industrial zone in Ras El Hekma
- Egypt Digital Platform reaches 9M users, offering 182 e-government services
- National Bank Of Egypt launches first USD credit card
- ADCB Egypt partners Temenos to offer global digital payments standards
- Belt and Road Initiative transforms Suez Canal Economic Zone with influx of Chinese firms
- Pakistan PM launches Digital Youth Hub in move to connect youth to jobs, skilling programs
- Huawei's Pakistan program on track to train 300,000 youth in ICT skills by 2025
- NITB completes testing of govt messaging platform Beep
- Local sellers urge Competition Commission to investigate Temu for harm to small busineses
- Engro’s $563M acquisition of Jazz’s tower business gets Competition Commission approval
Other MENA+ Developments
- Lebanon appoints wealth manager Karim Souaid as first permanent central bank chief since 2023
- PayLater gets Qatar Central Bank BNPL license
- Qatar's $100B Quintet Private Bank boosts Europe hiring for expansion
- Kuwait leads regional average for Eid e-commerce order size
- UAE's Masdar to ink 1 GW solar project in Iraq
Southeast Asia Developments
- Myanmar rebels disrupt China's rare earth investments in area with half of global production
- Singapore's MAS seeks feedback on regulations to allow more private market investment funds
- TSMC, Intel slow Japan, Malaysia expansions, citing tariffs, weak demand
- Alibaba’s Cainiao opens Vietnam’s largest automated e-commerce sorting center
- Indonesian SWF Danantara pushes back on investor concerns
India Developments
- Axis Bank, J.P. Morgan launch real-time USD payments
- India-Twitter dispute escalate as platform calls compliance website a censorship tool
- PUBG developer Krafton buys controlling stake in Nautilus Mobile to further India push
- RBI to double 10% cap on investment by individual foreign investors in listed firms
- Airtel lands world’s longest subsea cable in India
