Abu Dhabi launches AVs testing system, Joby and KSA ink MoU for eVTOLs, Vietnam eyes new e-commerce rules, India approves $5.1B in exporter support
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai govt studying sale of Majid Al Futtaim stake
- Phillips launched manufacturing tech center of excellence in Dubai Silicon Oasis
- Abu Dhabi launches autonomous vehicles testing system
- Aldar acquires AD Ports' Kezad logistics assets for $155M
- Edge and US defense tech firm Anduril form JV to make drones
- Joby, GACA sign MoU to use US FAA certification to streamline eVTOL approval process
- NMDC Energy, Baker Hughes partner to localize offshore products
- Comcast could seek Saudi support for Warner Bros acquisition
- Region’s largest plant for water desalination membrane tech launched
- Leading insurance brokerage Lockton expands into Saudi Arabia
- Kuwait nears agreement for $3B Egypt investment package
- FRA allows insurers to invest in gold, precious metals
- Singapore’s Destiny Energy plans $210M green ammonia production facility
- Govt to move some public services online via Digital Egypt platform
- Govt launches unit to attract China investments, allows Chinese firms to use yuan
- PTA begins licensing VPN services via CVAS-Data regime
- Roshan Digital Account inflows cross $9B, reaches 873,000 accounts
- IMF likely to disburse $1.2B to Pakistan on Dec 9
- Auction Advisory Committee to finalize 5G auction plans this week
- Google launches AI Industry Fellowship
Other MENA+ Developments
- UAE ridehailing app Zed introduces 1-tap ride booking
- Ashok Leyland to move EV bus manufacturing from UK to UAE
- Bahrain's Tanami launches world's first robo-advisor for private markets
- China's JCI to develop Oman's first automotive factory
- DP World begins operations at Syria’s Tartus Port
Southeast Asia Developments
- Revolut launches money market funds access for business customers in Singapore
- Indonesian SWF Danantara could get golden share to secure regulatory approval in Grab-GoTo merger
- Vietnamese lawmakers debates draft e-commerce law, to introduce livestream shopping, documentation rules
- Singapore's MAS to trial tokenized bills settled with CBDCs
- Malaysia plans regulations for unmanned aircraft systems
India Developments
- SEBI studying quicker entry processes for foreign investors
- Cabinet approves $5.1B in exporter support amidst US tariffs
- Cabinet approves increased royalty rates for critical minerals to boost local production
- SRPA recognized by RBI as payment operators' self regulatory body
- India pushes domestic messaging app Arattai in tech self-sufficiency drive
