'Stargate UAE' AI data center to launch operations next year, while Saudi Arabia savings deposits share hits 16-year high
Here’s a look at today's biggest tech stories in the MENA+:
- MBRSC inks deal for Rashid 2 Rover lunar mission in 2026
- 'Stargate UAE' AI data center to launch operations next year
- 4 companies join MoIAT’s National ICV Program
- DMCC says Singaporean companies up 13% as it holds 1st roadshow
- $3B industrial deals inked at Make it in the Emirates 2025
- Neom faces demand challenges for major green hydrogen plant
- New global tourism platform TOURISE launched
- Savings deposits share hits 16-year high
- Kingdom leverages AI to boost quality of life in line with Vision 2030
- Saudi brands’ value surge 14% on Aramco, stc growth
- Govt eyes up to $3B LNG deals to address energy shortage
- New automotive production incentive scheme gets cabinet nod
- Investment minister to boost economic ties with UAE trip
- CBE cuts key interest rates as economic growth accelerates
- Egypt to scale back economic reliance on international institutions
- 1.5M jobs to be created next year under national youth policy
- Govt to speed up $20B development framework with World Bank
- Over 2.4M new taxpayers registered in tax base in FY25
- SECP issues warning against unlicensed online trading platforms
- OICCI sees business confidence jumping 16% to turn positive
Other MENA+ Developments
- Series B funding gaps hinder startups’ paths to IPOs
- GCC retail sector expected to hit $390B by 2028
- Qatar Investment Authority gets approval for stake in ChinaAMC
- Invest Qatar plans AI and semiconductor hub with Ardian, Silian
- Oman asks e-commerce operators to adhere to Consumer Protection Law
Southeast Asia Developments
- ASEAN, Chinese, Gulf leaders to meet for summit next week
- Indonesia’s Danantara backs Huayou, CATL battery downstream project
- 33% of Singapore businesses report tariff hit, says SBF
- Grab inaugurates AI center of excellence in Singapore
- Philippines says Google exploring setting up data center
