Bolt to launch in Abu Dhabi, PIF signs as World Cup official tournament supporter, Morocco to add $2B to budget, Vietnam approves digital tech program, India pilots e-Rupee welfare distribution
Here’s a look at today's biggest tech stories in the MENA+:
- Presight to develop Smart Nation platform for Montenegro
- Dubai South launches new aerospace industrial complex
- Bolt to launch in Abu Dhabi with Dubai Taxi partnership
- Bitget gets operational license in Mexico
- Mashreq launches Money Insights in mobile banking app
- Saudi Arabia suggests Helsinki Accords-style Middle Eastern non-aggression pact with Iran
- PIF signs as World Cup official tournament supporter
- SIC expands alternative investments with $425M by year-end
- Royal Commission for Jubail and Yanbu brings forward $533B investment target to 2030 from 2045
- SkyLink launches autonomous systems-focused precision GNSS/RTK module at KAUST
- Greece-Egypt subsea power link developer to begin survey tenders
- FRA issues first performance report on investment funds, sees net assets rise to $7.8B
- China's exemption of Egyptian imports from tariffs comes into effect
- Cabinet approves new state family support fund
- Cairo airport introduces digital visa system with QR codes
- IMF sets new benchmarks, including SEZ tax incentive phase-out, tariff revisions
- Senate passes bill introducing mandatory coding, computer science curriculum in school
- JazzCash reaches 60M users, $59.7B in transactions
- High smartphone taxes leave Pakistan with 52% internet usage gap
- IT exports expected to surpass $4.5B this fiscal year
Other MENA+ Developments
- Iranian legislature proposes fees on Hormuz internet cables
- EGA studying stake in Oman’s Sohar Aluminium
- Oman India Fertiliser Co plans Muscat IPO at $2.5B valuation
- Iraq seeks IMF, World Bank assistance over Iran war fallout
- Morocco to add $2B to budget to tackle Iran war impact
Southeast Asia Developments
- GCash owner Mynt plans Philippine IPO at $8B valuation
- Danantara reportedly working on investment in Anthropic
- Vietnam approves digital tech program, targets $300B sector by 2030
- Vietnam digital asset exchanges to launch from Q3 this year
- New Indonesian banking rules to boost govt programs unsettle private lenders
