IHC inks African deals and eyes $1B mining acquisitions this year, while Saudi Arabia targets over $3T in investments by 2030
Here’s a look at today's biggest tech stories in the MENA+:
- Abu Dhabi warns public on crypto mining
- UAE expected to reach oil capacity target ahead of schedule
- Digital trade expected to grow 12.3% between 2023-2028
- IHC inks African deals, eyes $1B mining acquisitions this year
- Emiratis employed in private sector surpasses 100,000
- Aramco share sale could come as soon as next month
- Kingdom targets over $3T in investments by 2030
- BIM Ventures, SBI Holdings announce $100M startup fund
- DP World, Mawani inaugurate $250M logistics park
- PIF considers management reshuffle amid budget crunch
- ECA to introduce pre-approval system for M&As in June
- MSMEDA, JICA announce initiative to boost MSME competitiveness
- Egypt Post’s PFI launches asset management company
- Bus operator GoBus eyes EGX listing within next 2 years
- China's FAW likely to target ride-hailing market for EV manufacturing
- SIFC to get 6 special desks for UAE, KSA, Qatar, others
- Govt eyes $17B Chinese funding for CPEC expansion
- Pakistan to sell 15% stake in Reko Diq to Saudi Arabia
- Mobile phone manufacturers call for enabling policies
- Headline inflation to slow to 14% in May
Other MENA+ Developments
- Saudi Arabia names first ambassador to Syria since 2012
- Region's leaders to visit China this week for cooperation talks
- Adnoc, Aramco eye Shell’s South Africa biz
- OIA inks $91M worth of ICT deals
- GCC-Africa trade to grow with tech, renewables partnerships
Southeast Asia Developments
- Grab-backed Indonesian wealthtech makes superapp push
- New committee seeks to cut costs for Singapore’s SMEs
- Philippine National Cybersecurity Plan set to tackle cyber threats
- Vietnam sets out definition of e-money
- Malaysia’s semiconductor industry faces talent crunch
