UAE's Mubadala backs 4iG, KSA's SAL makes $32.8M acquisition, Oman's digital economy reaches $7.7B, Indonesia probes Meta office, India sets up panel to monitor war risks
Here’s a look at today's biggest tech stories in the MENA+:
- Banijay, RedBird IMI-backed All3Media to merge, creating European media giant
- Sharjah's SPARK, Nokia partner on skills training
- Mubadala backs Hungary's 4iG Group with $50M investment
- Mubadala seeks deepwater drilling unit for Andaman investment
- 2PointZero acquires stake in wearables firm Whoop
- 3 bidders prequalify for Jeddah-Makkah Direct Highway project
- SAL acquires Belgium ground handling firm Aviapartner Liege
- Chinese regulators pressure banks to review exposure to Middle East lending
- Saudi Arabia reports attempted Iranian strike on Ras Tanura refinery
- SABIC names new CEO after posting $6.9B loss
- Adidas nominates Nassef Sawiris as next Chairman
- Gaming addiction increasingly a concern as number of players grow
- Cloud hosting drives E-finance's growth
- Egypt prepares $801M social package
- TSFE seeks proposals for Misr Life Insurance IPO
- Pakistan establishes national cybersecurity monitoring hub
- PM directs introduction of QR code payments on all govt bills
- Samsung launches Pakistan's first online smartphone trade-in store
- PTA, Meta launch dual-OTP feature to tackle hacking
- VEON, GSMA Innovation Fund partner to co-fund digital innovation projects
Other MENA+ Developments
- US to offer naval escorts, political risk insurance for Strait of Hormuz shipping
- Syria launches tender for 20-year mobile operator license as MTN exits
- Fitch sees GCC banks staying resilient against Iran conflict credit risks
- GCC construction projects remain active amid uncertainty
- Omani digital economy reaches $7.7B
Southeast Asia Developments
- Mastercard completes first authenticated AI agent payments in Singapore
- ShopeePay integrates with Alipay+ to allow Singapore users to spend overseas via QR codes
- Indonesia investigates Meta office over disinformation, gambling compliance
- Malaysia probes potential fraud in Arm deal
- Philippines to require banks to enforce server-side biometric authentication
India Developments
- PhonePe seeks $9-10.5B valuation in upcoming IPO
- Rohm outsources back-end processes for power chips to Suchi Semicon
- India sets up ministerial group to monitor Iran war risks to exports
- MeitY launches Blockchain India Challenge
- India asks startups to build satellites protecting high-value spacecraft
