UAE's Dubai Loop to launch next year, KSA eyes bigger retail share in IPOs, MENA venture funding surges, OpenAI boosts Singapore presence, India to mandate AI content labels
Here’s a look at today's biggest tech stories in the MENA+:
- Dubai Loop transit system to be launched by Boring Co. next year
- Dell accounts for 24% of data center servers market share
- Dubai Taxi Company partners Meituan’s Keeta for last-mile deliveries
- du to establish major AI Park, launch National Hybrid AI platform
- Emirates NBD may buy up to 25% stake in India’s RBL Bank
- HP’s first global tech manufacturing facility begins operations
- Biban Forum to spotlight future of e-commerce
- Kingdom leads GCC projects market in Q3 with $28.1B contracts
- SARCO partners UAE’s Go Energy for green hydrogen push
- CMA seeks bigger retail share in upcoming IPOs
- BP launches new offshore gas exploration program
- Retail sales expected to hit $149.7B in 2025, $201.4B by 2030
- LNG exports allowed to resume as demand eases
- Raya Holding to buy Saudi e-commerce firm in regional expansion drive
- CBE partners MCIT to roll out ‘AI for FinTech’ Hackathon
- SMEDA proposes policy amendments to bolster SMEs
- Country faces nationwide internet disruptions amid PTCL maintenance
- Pakistan railways launches major safety overhaul and infra upgrades
- Pakistan partners China to boost water management infra, boost climate resilience
- Afghanistan border closure continues following deadly clashes
Other MENA+ Developments
- Gaza ceasefire deal signed at Sharm El Sheikh Peace Summit
- UAE launches region’s first 6G Terahertz pilot, achieves record 145Gbps
- MENA venture funding hits $3B in 9M2025, surpasses Southeast Asia
- Investcorp Capital backs $750M GCC-focused pre-IPO growth platform
- Kuwait Oil Company makes third offshore discovery as it ramps up output
Southeast Asia Developments
- FedEx survey finds 40% of APAC businesses pivoting away from US
- Indonesia and China launch talks on high-speed rail project's debt
- Singapore-based firms to invest over $4.3B in joint Johor SEZ
- OpenAI expands Singapore presence as it bets on Asia data center market
- VinFast’s Vietnam EV sales exceed 100K+ this year, surpassing Toyota
India Developments
- DPIIT seeks to amend foreign investment rules in retail, ecommerce
- Lenskart, Billionbrains set to launch IPOs worth $1.7B next month
- Google plans $15B investment in AI data center capacity
- Tata Electronics buys Justech’s India unit to boost iPhone manufacturing
- Upcoming AI governance framework to mandate AI content labels
