Abu Dhabi mulls new defense investment vehicle, Digital Government Authority and UN to launch Riyadh center, Tunisia launches unified mobile payments system, Malaysia tightens regulations for imported EVs, India's power grid struggles with data center demand
Here’s a look at today's biggest tech stories in the MENA+:
- Lockheed Martin to establish a chiplet design, assembly facility in the UAE
- ROX plans advanced AI manufacturing center in KEZAD for luxury vehicles
- Abu Dhabi mulling new defense investment vehicle
- du, Al Gharbia partner to advance industrial AI Vision tech
- ADIB becomes first UAE bank to join ADX Tabadul platform
- Digital Government Authority, UN to launch Riyadh center
- PIF returns to debt markets for first time since Iran war
- LEAP expands to Asia with inaugural edition in Hong Kong in July
- Korean biotech Rokit marks entry with AI kidney disease prediction partnership
- Lucid reaches 100 free EV chargers across Saudi Arabia
- Egypt, Algeria sign oil partnership, advance $1.1B development project
- Cairo to be Nokia’s MEA support hub with new operations center
- Govt awards $212M logistics rail contract
- Eni, BP make new gas discovery via directional drilling techinques
- Investment commitments from foreign oil companies reach $19B over next three years
- PTA exploring proposal to abolish mobile phone taxes
- SBP bought $27B since 2023 to build reserves
- MoITT plans open data ecosystem to improve access to government data
- NBP launches SME digital payments system SmartPay
- Port Qasim to develop 'Energy City', terminal
Other MENA+ Developments
- DP World to offer cargo war-risk cover for Middle East routes
- WHOOP to launch health research initiative with Mubadala
- Fertiglobe warns of global food impact in shift to trucking
- Ooredoo Group partners du to land FIG subsea cable in UAE
- Tunisia launches unified mobile payments system TUNPAY
Southeast Asia Developments
- Amazon phases out Fresh delivery, local seller operations in Singapore
- Indonesia, China begin Alipay+ cross-border QR payments
- Malaysia tightens regulations for imported EVs
- Delta Electronics expands Malaysia presence amid SEA semiconductor boost
- Rules of origin regulations issued under Vietnam-UAE CEPA
India Developments
- Tata, JSW to spend $1B on India EV, battery research
- Karnataka plans common space sector testing facility
- Power grid struggles with demand due to data center boom
- Apple expands local renewables, water investments with new partnerships
- Trai proposes penalties for telecom firms for improper complaint handling
