G42 buys exiting founder's stake in Astra Tech, while NEOM chief makes sudden departure after 6 years
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai begins work on first air taxi vertiport near DXB
- RAK introduces Sayr app for public transport
- ADQ secures approval to acquire stakes in 3 Egyptian oil firms
- Ericsson, e& UAE partner to explore 6G adoption
- G42 buys exiting founder's stake in Astra Tech
- NEOM chief makes sudden departure after 6 years
- Kingdom rolls out new carbon trading platform
- Zain KSA gets license for additional spectrum for 5G push
- Drivers earn $293M from delivery apps in 9M 2024
- ACWA Power obtains financing for 240MW Azerbaijan wind farm
- Govt denies claims of seeking increased IMF loan tranche
- Egypt seeks aid to reach 42% renewable energy target for 2030
- Malaysian automaker Proton inaugurates local plant
- United Bank announces price range for upcoming EGX debut
- Didi launches ride-hailing services in 4 new cities
- Govt launches $50M climate-tech startup program
- PTA calls for registration of VPNs
- Religious affairs ministry asks PTA to block harmful online content
- IMF considers stricter review of $7B loan program
- TPL Corp and Abhi set to acquire FINCA Microfinance Bank
Other MENA+ Developments
- Arab nations to soon ink deal for unified electricity market
- LuLu aims to open 100 stores across GCC following IPO
- Landmark Group to invest in 400 stores in GCC, India
- Oman launches green economy study
- Qatar Investment Authority gets new CEO
Southeast Asia Developments
- Wealthtech leads as fintech sector sees funding recovery
- Indonesian Communications Minister meets Nvidia CEO for investment expansion
- Indonesia eyes major renewable energy push over 15 years
- Radian Arc, COMIT to bring GPU solutions to Southeast Asia
- Malaysia aims to transform struggling Forest City into financial hub
