UAE and US to announce broad AI, tech partnership, while Google backs STV AI Fund to support MENA startups
Here’s a look at today's biggest tech stories in the MENA+:
- Asset managers Fortress, Kimmeridge open Abu Dhabi offices ahead of Trump visit
- UAE, US to announce broad AI, tech partnership
- talabat, Bolt partner to integrate ridehailing into Pro subscription program
- Standard Chartered fintech arm, Emirates NBD to collaborate on regional ventures
- e& in talks with Uzbekistan for joint investments in data centers
- PIF signs $11B in deals with global asset managers to boost financial markets
- Aramco signs deals with US firms worth $90B in digital solutions, asset management
- Homegrown data center firm DataVolt signs $20B with Supermicro
- Google backs STV AI Fund to support MENA startups
- Ma’aden, MP Materials sign deal to develop Saudi rare earth supply chain
- Maersk considering resuming Suez Canal transits
- ETA launches specialized tax units to streamline investor support, tax complaints
- eFinance eyes regional expansion, deeper Saudi ties
- Midea to expand appliances manufacturing with $50M investment
- $221M in oil exploration deals signed with unnamed foreign firms
- Telenor Pakistan says PTCL acquisition approval taking longer than expected
- Pakistan, India likely to hold talks in Saudi Arabia
- SBP receives $1B tranche under IMF extended fund facility
- Jazz launches fashion e-commerce platform Zarr
- Public transport likely to see more immediate path to EV transition
Other MENA+ Developments
- Hyundai to rollout first Saudi-made cars in 2026
- Qatar signs $243B in defence, aerospace agreements during Trump visit
- Syria invites foreign investors as Trump lifts sanctions
- Qatari investments in US now at $30B
- GCC harnessing digitalization, AI to enhance defence
Southeast Asia Developments
- BYD beats Toyota to top Singapore car sales so far this year
- E-commerce sales to more than double to $410B by 2030
- Line Man app now offers English, targeting expats and tourists
- Chinese manufacturers move to Southeast Asia on US tariff risks
- CBRE sees AI driving long-term demand for talent in APAC
