Dubai unveils new $410M economic incentives package, KSA's NEOM cancels high-speed line, Kuwait plans major telecom network upgrade, Malaysia introduces new child online safety measures, Uber and JSW partner on ride-hailing EVs in India
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai unveils new $410M stimulus for tourism, trade, education, customs, transport sectors
- Core42 secures $550M HSBC facilities to expand AI infrastructure
- IHC executes landmark DDSC stablecoin transaction enabled by ADI Chain
- Kraken's Payward gets VARA license to expand crypto services
- Dubai Municipality, Keeta Drone partner to launch drone delivery services
- NEOM cancels high-speed line with work 20% complete
- PIF considers consolidating assets to create logistics entity
- GACA announces new rules prohibiting charging power banks on flights
- Korean EXIM bank, Aramco sign $3B deal to support Korean firms' role in supply chain
- SALAAM.earth to establish Saudi Arabia's first flying taxi sandbox with FlyNow aircraft
- Egypt makes biggest Western Desert energy discovery in 15 years
- PM directs SOEs approved for EGX listings to complete stake sales by end of year
- AWS considers developing computing infrastructure to support AI models
- Egypt launches digital environmental registry to monitor industrial emissions
- China Enterprise Cloud Chain plans region's first carbon-neutral textile industrial city
- PM Sharif to visit China this weekend for talks with President Xi
- Pakistan to request partners to set up strategic oil reserves locally
- IFC proposes $100M investment in Habib Bank
- Landmark 5G spectrum auction generates $510M
- FBR expected to step up tax enforcement to meet FY27 targets
Other MENA+ Developments
- Qatar to support private sector with working capital stabilization program
- AD Ports deploys AI-ready high-capacity terrestrial connection across logistics infrastructure
- Kuwait to upgrade telecom network with $2.7B in projects
- Ooredoo launches Qatar’s first zero-trust IOT platform
- Oman FSA opens consultation on mandating climate-related disclosures for listed firms
Southeast Asia Developments
- Malaysia introduces new child online safety measures from June 1
- Amazon digital investments in Indonesia, Malaysia, Singapore, Thailand to reach $33B
- Indonesia to exempt US investors from export earnings rule
- Taiwan's Kyec to develop first overseas semiconductor testing facility in Singapore
- Sea, OpenAI partner to launch regional hackathon
India Developments
- SEBI proposes changes to IPO price discovery rules
- Uber, JSW partner to develop, roll out ride-hailing EVs in India
- Finland's HMD bundles Sarvam AI chatbot onto new smartphone
- Volvo, Eicher Motors unveil India financial services JV
- Bharti Airtel to boost stakes in Airtel Africa, BT to support global expansion
