du launches GPU-as-a-Service for enterprise AI, while US and Saudi Arabia sign $140B economic partnership covering space, mining, defence
Here’s a look at today's biggest tech stories in the MENA+:
- US could let UAE import 500,000 advanced Nvidia chips yearly until 2027
- OpenAI studying UAE data center deal
- ADNOC gets unconditional EU antitrust approval for $16.3B Covestro deal
- Two-thirds of shoppers use phones for retail purchases
- du launches GPU-as-a-Service for enterprise AI
- US, Saudi Arabia sign $140B economic partnership covering space, mining, defence
- Humain signs multibillion dollar AI investment deals with AWS, AMD, Nvidia, and Cisco
- BWI signs MoUs in critical minerals, semiconductors, defence tech worth $15B
- Blackstone's PIF infra partnership delivers 17.5% return
- Starlink approved for maritime, aviation use
- Govt aims to reduce external debt by $1-2B this year
- SITA inaugurates region's first hub in Cairo
- Govt unveils national strategy to improve quality, patient safety
- Eva Pharma to bring Saudi factories online next year
- EBRD slashes 2025, 2026 GDP forecast to 4%, 4.5%
- Govt studying GST on e-commerce in upcoming budget
- MSCI adds Pakistani compaines to Frontier Market, FM Small Cap indices
- Islamabad planning 4% sales tax on ride-hailing operators
- Govt extends digital wallet use in aid distribution
- PTA marks 200M mobile users
Other MENA+ Developments
- US to grant UAE, KSA expanded access to advanced AI chips
- Uber to launch self-driving cars in Saudi Arabia this year
- Rise of fintechs push Middle East banks to launch digital banking units
- Kuwait sets target for renewables to make up 50% of electricity production by 2050
- QFMA to issue draft regulation on AI use soon
Southeast Asia Developments
- Malaysia developing national AI trust framework
- Vietnamese unicorn e-wallet MoMo delivers first full-year profit
- Sea sees sales gains in digital finance, e-commerce, gaming segments
- Indonesia’s EV battery industry faces uncertainty amid international pressures
- US lifts AI chip export restrictions on Malaysia
