G42's Inception unveils sovereign enterprise AI assistant, Saudi CMA prioritizes domestic listings, QNB rolls out Syria international payment card acceptance services, Vietnam begins crackdown on IP violations after US warning, US says India trade deal close to finalization
Here’s a look at today's biggest tech stories in the MENA+:
- DFSA launches consultation on new rules governing marketing of Islamic finance
- AD Ports, CMA Terminals Khalifa Port, CMA-CGM partner to improve inland intermodal network
- G42's Inception unveils sovereign enterprise AI assistant InceptionClaw
- ADX adds Morgan Stanley as first foreign investment bank remote trading member
- Wynn reportedly considering delaying opening of integrated resort
- Lucid suspends production forecast after supplier issue disrupts SUV deliveries
- CMA prioritizes domestic listings over dual-listings to reduce capital outflows
- FCC commissioner says PIF-backed Warner Bros. merger is potential national security risk
- Govt to repurpose Port of Neom as trade hub
- Saudi Arabia sees record quarterly deficit of $33.5B on spending surge
- Egypt PMI falls for fifth consecutive month to 46.6 in April
- Egypt Education Platform files for EGX IPO
- China's Sany in discussions to localize wind turbine manufacturing
- Govt targets $6.2B in oil sector FDI in next FY
- 6 fintechs get approval for non-banking financial activities, including Valu
- Govt overhauls e-bike program after banks approve less than 10% of subsidy loan applications
- Pakistan missed targets for SEZs to attract $8B in FDI, add 500,000 jobs
- Banking sector balance sheet grows 17.8% in 2025
- Trump pauses initiative to guide stranded vessels in Strait of Hormuz, citing Pakistan request
- FBR shuts unit taxing undisclosed foreign assets as UAE reportedly refuses to share ownership data
Other MENA+ Developments
- QNB launches Syria international payment card acceptance services
- EDGE, Kerno to locally manufacture critical network encryptors
- Dell opens UAE cybersecurity center
- Dubai Investments' Globalpharma to to begin manufacturing in Angola in 2027
- Core42, Solutions+ partner to build sovereign AI infrastructure across Mubadala portfolio
Southeast Asia Developments
- Indonesian SWF Danantara buys stake in superapp GoTo
- Vietnam begins crackdown on IP violations after US warning
- Alibaba, DPS partner to explore development of Malaysia data centers
- Vietnamese leader to meet India's Modi to boost AI, defense ties
- Malaysia projects AI to contribute $5B to GDP by 2030
