UAE's DP World and Rosatom to form logistics JV, KSA issues open banking license, MENA investors focus on private markets, Vietnam imposes 0.1% tax on crypto transactions, India introduces logistics, insurance support
Here’s a look at today's biggest tech stories in the MENA+:
- Rosatom, DP World to form Russian logistics JV
- Presight, NodeShift partner to scale sovereign AI solutions
- Expat tech community remains resilient despite conflict
- ADCB plans Kazakh subsidiary bank
- Abu Dhabi tightens real estate regulations
- Lean Technologies gets SAMA Major Payment Institution license for open banking services
- PIF Chairman reiterates commitments to global investments despite war
- Saudi Arabia extends fee exemptions on inbound empty containers at Dammam, Jubail ports
- TGA allows licensed entities to contract third-party goods transport
- Trump headlines FII Miami, pitching US investments to Saudi Arabia
- Egypt rising as regional energy and fintech bridge
- Egypt to launch 2nd round of Citizen Bond for individual investors
- Remote work measures implemented to cut energy use
- FRA approves 10 NBFC licences
- Egypt to slow energy-intensive mega-projects amidst energy crunch
- PIA restarts direct flights to London after nearly six years
- NYSE-listed FinVolution in SECP discussions to invest in Pakistan
- Pakistan to host Iran war talks
- Karachi Port sees 1,400% jump in port activity over Iran war
- Commerce Ministry eases banking rules for Iran exports
Other MENA+ Developments
- TotalEnergies capitalized on disruptions to make record oil profits in March
- Investors focus on private markets for growth, greater access
- Former Egyptian Foreign Minister Nabil Fahmy chosen as next Arab League Secretary General
- Kuwait Financial Centre launches GenNext platform to expand access to regional, US markets
- Chinese shipping firm Cosco restarts bookings to 7 regional markets
Southeast Asia Developments
- Vietnam imposes flat 0.1% tax on local crypto transactions
- MobiFone launches Vietnam payments infra firm
- China blocks Manus founder's travel over Meta deal, sparking concerns over Singapore-based structuring
- OCI, Tokuyama to build SEA's first semiconductor-grade polysilicon plant in Sarawak
- Foxconn adds $287M to Vietnam manufacturing investment
India Developments
- WTO members push for US, India to strike deal on e-commerce tariff moratorium
- RBI steps in to tackle speculative bets against Rupee
- India eases regulations to allow some state-run firms to buy Chinese critical equipment
- IndiaAI Mission onboards 38,000 GPUs, 190 projects
- Relief scheme rolled out to provide insurance, logistics aid to exporters hit by Iran crisis
