UAE stock markets reopen, KSA's SABIC plans $3.5-4B investments in 2026, WeRide robotaxis continue MENA services, Singapore launches AI and tech work pass, X unveils AI content labels in India
Here’s a look at today's biggest tech stories in the MENA+:
- UAE stock markets reopen after two-day suspension
- GCash, Careem Pay partner to support remittances from UAE to Philippines
- AD Ports says rerouted maritime traffic could benefit global network
- Non-oil private sector PMI hits 12-month high of 55
- 90% of Dubai taxis now EVs or hybrids
- Tahweel to acquire leading plastic conversion firm for $186M
- University of Portsmouth, SARsatX developing Earth observation mission concept
- SABIC to invest $3.5-4B in industrial projects in 2026
- FIA delays Qatar event, as F1 could cancel Saudi, Bahrain grand prix
- Arabian Mills signs $19M in expansion deals with Buhler
- GAFI working on framework for first private investment zone
- EGP weakens to lowest in nine months amidst flight to USD
- Govt entities form JV for logistics with regulatory clearances between Egypt, East Africa
- Health Ministry opens new clinics to tackle gaming, internet addiction
- PM promises no power cuts, forex crisis amidst Iran war
- Pakistan declines IMF technical mission on governance
- National Assembly passes Virtual Assets Bill, paving way for regulatory authority
- Smartphone penetration reaches 71% on strong local manufacturing
- Digital banking users exceed 127M as digital transactions accelerate
- PTA unveils stringent regulatory framework, higher license fees for VPN services
Other MENA+ Developments
- WeRide robotaxis continue services in Abu Dhabi, Riyadh
- ADI Foundation, Chainlink partner to boost stablecoin, tokenization across region
- Brookfield says $20B Qatar AI JV not affected by war
- Yalla Group expands localized content push
- Qvantel launches local managed services center in Algeria
Southeast Asia Developments
- Indosat launches AI security center in Indonesia with Cisco
- Vietnam's FPT joins Qualcomm coalition to commercialize AI-native 6G
- Singapore studying safeguards to tackle online gaming, AI chatbot harms
- Singapore launches new work pass for AI, tech talent
- Binance expects to secure 5 more Asian crypto licenses this year
India Developments
- Govt will not ease timelines for content removal by social media platforms
- Droplet Biosciences partners Nvidia to speed up cancer test results
- X prepares ‘Made with AI’ labels as rules on AI-generated content to come into effect
- Startup funding surges 110% to reach $1.4B in February
- Dixon, Longcheer JV to manufacture smartphones, smartwatches, PCs
