UAE businesses hiring AI specialists amid concerns over skills shortage, while $4.8B in deals inked as Saudi SME General Authority's Biban 24 opens
Here’s a look at today's biggest tech stories in the MENA+:
- Businesses hiring AI specialists amid concerns over skills shortage
- Adnoc to sell LNG to Germany’s SEFE in 15-year deal
- Stablecoin usage up 55% YoY amid enabling regulations
- Digital Dubai launches Digital Skills Survey
- Lulu Retail secures $1.72B in UAE's biggest IPO in 2024
- Kingdom eyes $100B AI project to take on UAE tech hub
- Sotheby’s to launch Saudi auctions, outpost next February
- Entrepreneurial drive reaches 8-year high
- $4.8B in deals inked as SME General Authority's Biban 24 opens
- Tadawul Group seeks M&As to expand capital markets
- GDP share from ICT sector grows to 5.8% in FY24
- Revamped privatization program to be announced soon
- Egyptian cinema sees decline over decades
- Global firms explore investment in oil sector
- SCZone plans major expansion amid investment drive
- 10,000 EV charging stations to be set up by 2030
- Credit rating expected to improve on economic reforms
- Pakistan, China to develop joint security strategy amid attacks
- Govt to accelerate establishment of Islamabad IT park
- Google reports $14B economic impact in 2023
Other MENA+ Developments
- Mastercard to participate in Arab cross-border payment system Buna
- GCC firms strike series of partnerships with Chinese autonomous vehicle firms
- Region sees higher rate of Gen AI adoption compared to global average
- Singapore-based firms plan over $100M investments in Bahrain
- UAE, KSA lead institutional investments in crypto transactions
Southeast Asia Developments
- Thai digital economy to grow 19% this year driven by e-commerce
- Thailand amends decree to tighten cybercrime law
- Singapore may see higher costs, slower growth amid Trump’s win
- Tencent shuts down WeChat Pay Malaysia wallet
- Philippine retailers increasingly using data insights to boost sales
