UAE data center market to grow to $2.6B by 2029, while Arab states hope Saudi-Trump ties will temper Israel support
Here’s a look at today's biggest tech stories in the MENA+:
- Rothschild sets up Dubai wealth management office
- Data center market to grow to $2.6B by 2029
- Mubadala, EGA, Strata partner on new research facility
- Dubai Holding considers IPOs of commercial, residential units
- Talabat’s $1.5B IPO fully covered on launch day
- Jadwa raises $266M new fund to boost regional deals
- Saleh Alrajhi partners Foxconn Int’l Tech for EV charger manufacturing
- Pure Data Centers, Dune Vaults to develop hyperscale data centers
- KSA, China, Iran commit to implementing Beijing Agreement
- Arab states hope Saudi-Trump ties will temper Israel support
- CBE to soon roll out Apple Pay, Samsung Pay, QR code payments
- United Bank launches offering on EGX
- FRA mandates data protection systems for NBFC entities
- CBE approves international money transfers on InstaPay
- e& to invest $363M in local infrastructure by next year
- Banks eye data sharing with utilities firms for EV, SME financing
- PTA begins preparations for 5G spectrum auction
- IMF approval sought for tax relief to drive PIA privatization
- Jazz revenues surge to $1B on new digital services
- Govt, PTI rule out negotiations ahead of planned protest
Other MENA+ Developments
- India's Kerala plans incentives for $10B in GCC investments
- UAE tops regional digital banking growth
- Solidarity Bahrain buy stake in UAE’s Alliance Insurance
- Dubai Technology Entrepreneur Campus ranks MENA's biggest tech hub
- Oman emerges among fastest-improving countries for food security
Southeast Asia Developments
- Fintech sector remains resilient amid global headwinds
- Indonesia’s planned SWF could spur investment in major projects
- Singapore authorities may get unprecedented anti-scam powers
- U Mobile becomes Malaysia’s 1st telco to introduce Open API portal
- Malaysia’s IPO activity surges to 18-year high despite regional slump
India Developments
- OpenAI sued by news agency ANI over content usage
- Paytm rolls out UPI services in new markets including UAE, Singapore
- SEBI plans stricter regulations for IPOs of smaller firms
- Zomato expects food delivery business to grow 30% annually until 2029
- Q-commerce firms strengthen identity verification to tackle fraud
