SCA introduces region’s first finfluencer license, while Saudi Arabia and Hong Kong explore more cross-border financial products
Here’s a look at today's biggest tech stories in the MENA+:
- SCA introduces region’s first finfluencer license
- UAE, EU begin talks for tree trade deal
- Mubadala, BlackRock to subscribe to Telegram’s $1.5B bond issuance
- Dubai-based Telegram in $300M deal with Musk’s xAI for Grok chatbot rollout
- Nasdaq-listed telecoms firm Veon to explore dual listing
- KSA, Hong Kong explore more cross-border financial products
- Dubai-based Qashio raises $19.8M for Saudi expansion
- Acwa Power eyes up to $10B sustainable energy development in Malaysia
- Advanced Manufacturing and Production Center launches
- Naif Alrajhi, Aljazira Capital announce $453M real estate investment fund
- 10-year national investment plan to be unveiled in next 3 months
- EBRD, Banque Misr back Orange Egypt’s 5G push
- Govt to boost tech localization under export subsidy program
- HoldiPharma, Dawah Pharma launch JV for drugs exports
- Shell seeks to raise local natural gas production
- PAFLA partners Innovista to support 50,000 freelancers annually
- Govt establishes strategic Bitcoin reserve
- Pakistan Development Forum to return later this year
- Inaugural sovereign green sukuk launches
- IT industry players call for reforms, incentives to boost sector
Other MENA+ Developments
- OPEC+ eyes framework for 2027 oil production baselines
- Chinese robotaxi firms see Gulf as key market for global push
- Vodafone Qatar partners Nokia for national network modernization
- Oman sets up national company to boost mineral exports
- Syria’s stock market to resume trading on June 2 after 6 months
Southeast Asia Developments
- Asean+ countries seen raising AI investments by 2.7x this year
- Tiger Global to cut Southeast Asia investments
- Shein eyes Hong Kong listing after London IPO faces setback
- Indonesia’s antitrust body raises concerns on TikTok’s Tokopedia acquisition
- Vietnam's renewables projects at risk due to subsidies cut
India Developments
- Hero FinCorp gets approval for $430M IPO
- BNPL sector slows down amid stricter rules, credit quality concerns
- IMF says India’s economy on track to become 4th-largest globally by 2025
- Karnataka to soon unveil draft gig workers’ welfare rules
- India’s data center industry to see $25B investments by 2030
