Investment firm Mair Group eyes ADX listing next month, while Saudi R&D spending rose to $6B last year to drive Vision 2030 goals
Here’s a look at today's biggest tech stories in the MENA+:
- Masdar takes over Terna Energy for record $3.4B
- Investment firm Mair Group eyes ADX listing next month
- Consumer spending rises driven by FMCG and tech sectors
- Talabat raises $2B in world's largest tech IPO this year
- Aster nears Blackstone-backed deal to create major Indian hospital chain
- STC gets Spain’s approval to raise Telefonica stake to nearly 10%
- Hospital operator Almoosa to offer 30% shares in local IPO
- Saudi insurance sector expected to see rising number of M&As
- R&D spending rises to $6B last year to drive Vision 2030 goals
- Saudi, Comoros govts sign MoU to enhance, diversify economic cooperation
- UAE-based Green Coast plans $50M renewables, infra investment
- Orascom announces additional investment to develop Pyramids Plateau
- Insurance market premiums rise 25.6% YoY in 9 months
- Germany’s SMS to develop $1.1B direct reduced iron plant
- EECE, Industries Federation partner to create new auto export opportunities
- Internet services remain disrupted in Islamabad, Rawalpindi
- PTA calls for extension on VPN registration
- PM stresses importance of national security amid economic challenges
- SBP receives $500M from ADB for Climate Resilience Program
- Govt sets $1T economic target in 5-year plan
Other MENA+ Developments
- Dubai to get Gulf's first large-scale brewery by 2027
- Lebanon’s parliament announces January meeting to elect president
- Kuwait announces major residency reforms
- Oman Investment Authority inks $500M JV with Turkish pension fund
- ADIO offers Indian startups stepping stone to global opportunities
Southeast Asia Developments
- Thai govt calls on foreign e-commerce platforms to register locally
- Singapore businesses top region for sustainability push
- Philippines' Ayala says waiting for right time to list fintech Mynt
- Vietnam’s M&As up 46% YoY on big-ticket deals
- Dubai free zone DMCC eyes enhanced UAE-Vietnam Web3 and AI ties
