Presight opening first overseas office in Kazakhstan, while PIF launches "global AI powerhouse” HUMAIN
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai Finance, Crypto.com MoU to allow govt payments using stablecoins
- Presight opens first overseas office in Kazakhstan
- Mubadala to invest $400M in Kakao Mobility
- Noon, Urban Company partner for UAE, KSA home services on app
- Majid Al Futtaim joins Make it in the Emirates program
- Low-cost carrier Flynas' $1.1B IPO sells out in minutes
- PIF launches "global AI powerhouse” HUMAIN
- Trump visit to promote Middle East AI ambitions, dealmaking
- Ministry of Transport developing Red Sea coast autonomous vehicle testbed
- Lawrence Golub's Wyld VC plans $50M fund to connect local AI startups with US talent
- Egypt saw biggest jump in M&As across Middle East last year
- Remittances up 131% to February record of $3B
- Hassan Allam working towards listing EGX SPAC
- Suez Canal to offer 12-15% discount on transit fees to restore traffic
- FRA warns against dealing in crypto amidst surge in online ads
- Finance Minister says no large fiscal impact of India standoff
- Ministers directed to develop plans to reach five-year $60B export target
- Roshan Digital Accounts cross 800,000 mark in March, with inflows nearing $10B
- NA passes bill to boost tech zone investment
- SECP launches consultation on associations in move towards self-regulatory organizations
Other MENA+ Developments
- UAE, Kazakhstan sign $5B in MoUs covering AI, infra, logistics
- Bybit, Ghaf Labs partner to promote Web3 adoption in MENA
- Botim partners Mbank to become first fintech to offer Jaywan cards
- Qatar's public works authority announces $22B five-year infra development plan
- Dubai Chamber supports establishment, expansion of 127 digital startups
Southeast Asia Developments
- Thailand to issue $150M in digital tokens as public debt
- UAE's JMM Group to invest in Vietnam renewables, infra
- Marcos shores up support for policy agenda in Philippine midterms
- Keppel, Huawei to collaborate tech for Asean power grid
- Australian PM to visit Indonesia in first overseas trip