ADGM launches consultation on new cyber risk rules, while Almosafer eyes IPO by year-end or early next year
Here’s a look at today's biggest tech stories in the MENA+:
- TWG, Mubadala Capital announce multi-billion dollar collaboration
- ADGM launches consultation on new cyber risk rules
- Gate Group gets Dubai VARA license for crypto services
- Lunate buys stake in UK-based wealth management firm Azura
- Mixed feelings over Trump impact at Dubai's Token 2049 Crypto conference
- KSA signals no more oil supply cuts, can endure low prices
- PIF-backed CloudKitchens planning IPO of Mideast business
- Qatar Insurance Company board approves Saudi expansion
- Almosafer eyes IPO by year-end or early next year
- Kingdom sees 13.1% rise in non-oil exports last year
- EU to back Egypt-Greece electricity interconnection project
- Tax revenues up 38.4% amid efforts to broaden tax base
- Govt inks deals for 2 industrial JVs with UAE’s Othman International
- GCC investments to plug $10-12B external financing gap in 2025-26
- GAFI hosts forum with China to bolster investment ties
- US calls on India and Pakistan to ease tensions
- Pakistan positions as ‘leading digital nation’ at online FDI forum
- Govt targets $15B IT exports as Digital FDI forum gains ground
- Telecom sector says high spectrum costs hinder digital access
- Pakistan’s poverty rate is among top 5 globally, says UN report
Other MENA+ Developments
- MENA, Africa, APAC see record viewership during Ramadan 2025
- Fast food operator Americana sees recovery as revenue up 16.2%
- Afreximbank-backed Africa-focused trading house to be established in Dubai
- Foreign equity inflows double to $60B following reforms
- UAE’s Khazna plans Türkiye data center amid regional push
Southeast Asia Developments
- Malaysia, Vietnam lead exports surge to US ahead of tariffs
- Chip and solar exports to US to drop further on tariff impact
- Indonesia’s GoTo boosts fintech focus for profitability push
- Singapore’s Smartcom partners Telkomsel for Indonesia foray
- Grab hikes outlook amidst cost cutting
India Developments
- AI-related roles in tech expected to rise 45% in FY26
- Exports to US made up 97.6% of all iPhone exports in March
- Adani suspends talks with Tower Semiconductor for $10B chip partnership
- Paytm parent PCTL sets up Mideast payments unit in the UAE
- Rakuten announces $100M investment, plans to boost AI workforce