Abu Dhabi govt’s AI super app Tamm to expand globally, while Aramco may explore asset sales to raise funds
Here’s a look at today's biggest tech stories in the MENA+:
- ADNOC suppliers commit $817M in local manufacturing investments, to add 3,500 jobs
- MEA consumer tech, durables sales to hit $68B this year
- IHC targets $218B in assets by 2030 as it plans US, India investments
- Islamic banking assets reach 24% of UAE’s total banking assets
- Abu Dhabi govt’s AI super app Tamm to expand globally
- Aramco may explore asset sales to raise funds
- Uber becomes PIF’s top US equity by value, surpassing Lucid
- Riyadh ramps up efforts to establish itself as global arbitration hub
- 962,000 pilgrims arrived for Hajj so far
- Kingdom completes $32B sukuk restructuring to boost debt strategy
- Egypt, US to soon ink landmark customs agreement
- Suez Canal traffic resumes as Red Sea security improves
- US investments in Egypt reach $47B over two decades with 1,800+ firms
- New tax incentives announced to support businesses
- Govt eyes railways integration for Asia-Europe trade
- Electricity allocation announced for bitcoin mining, AI data centers
- Zong unveils AI-powered cloud enterprise platform
- Crypto council eyes US cooperation for enabling framework
- PM begins regional tour to boost economic ties
- China’s HWOO Energy Storage explores local investments
Other MENA+ Developments
- Arab Media Summit 2025 kicks off in Dubai
- Bahrain gets first-ever insurance aggregator
- Qatar's QFZ partners Samsung C&T for green, digital infrastructure
- Kuwait Investment Authority gets approval to tap global debt markets
- Dubai Crown Prince heads to Oman for bilateral talks
Southeast Asia Developments
- Southeast Asian leaders begin summit to boost Chinese, Gulf ties
- Hong Kong IPOs to gain momentum on CATL’s record listing
- Indonesia to expand QR payment system to Japan, China
- Indonesia seeks $1B joint investment with China via Danantara
- Messaging app Telegram to be blocked in Vietnam next month
India Developments
- Flipkart q-commerce eyes 2x dark stores to 800 by 2025
- Apple faces 25% tariffs for iPhones made outside US, warns Trump
- Space-tech companies get boost amid govt push for more satellites
- Online payment aggregators ramp up anti-fraud tech to boost revenues
- Byju’s app taken off Google Play Store due to payment disruption
