Abu Dhabi to develop defense industrial free zone, Saudi PIF opens Shanghai office, Oman backs Musk's Neuralink, Indonesia to launch new EV purchase incentives, India and Vietnam target $25B trade by 2030
Here’s a look at today's biggest tech stories in the MENA+:
- Levidian, Dana Gas to jointly develop Sharjah Graphene Park
- Abu Dhabi to develop defense industrial free zone
- Geidea partners UnionPay to introduce regional dual-card routing capability
- LIFEPharma launches $27.2M gene therapy biotech
- Core42 signs as Minneapolis data center anchor tenant in new US push
- PIF expands China footprint with Shanghai office
- Aramco, stc to deploy $372M supercomputer for operations
- Aramco-DHL JV breaks ground on first logistics hub at King Salman Energy Park
- SAMA licenses Lite Advanced Financial Company to offer e-wallet services
- Savvy Games, Roblox partner to broaden access to game development
- Egyptalum, Trafigura ink $900M aluminium production expansion deal
- Egypt targets $70B in FY2026-27 investments, with private sector contributing 59%
- Govt prepares to list 8 SOEs as part of privatization push
- NTRA directs telecom companies to roll out affordable internet plans
- Africa’s first monorail begins commercial operations
- Indus entities, UBL partner to develop next-generation cloud computing infra
- Mitsubishi sells Engro Polymer stake, marking Pakistan exit
- Capital market institutions establish joint development fund
- PTA clarifies NCCIA handles social media user data requests
- 5G handsets still not available as telcos plan to roll out services in August
Other MENA+ Developments
- US, Iran finalizing one-page memo to end war
- BNY expands crypto custody in Abu Dhabi, starting with Bitcoin, Ether
- Mastercard, Yellow Card partner to explore stablecoin payments applications
- Oman's OIA invests in Musk's Neuralink
- Snap says regional conflict impacted advertising revenue
Southeast Asia Developments
- VinFast unveils EV battery subscription offering in Philippines
- TikTok plan to invest $26.2B in Thai data center operations gets govt approval
- Indonesia to launch new EV purchase incentives
- Korea's Bithumb to develop Vietnam crypto exchange with SSI Securities
- Schneider unveils Malaysia AI infra training hub
