WeRide expands UAE footprint, Nium and Emirates NBD to launch in KSA, Gulf SWFs to tap ASEAN opportunities, Indonesia's QRIS links with Alipay and WeChat, India unveils Online Gaming Act rules
Here’s a look at today's biggest tech stories in the MENA+:
- RAK to launch autonomous bus, taxi pilot with WeRide
- NextSource to develop 30k ton/year battery anode facility
- Dewa, Dubai Taxi sign ultrafast EV charging partnership
- OpenAI now valued at $500B after MGX-backed share sale
- UAE, Turkey ink $4.9B currency swap deal to boost liquidity
- Comedians face backlash at Saudi Comedy Festival
- Nium, Emirates NBD plans Saudi cross-border payments launch
- ABS launches Saudi maritime tech center
- OSP, Sika partner to localize sustainable construction solutions
- Saudi Arabia approves first virtual air traffic control tower in AlUla
- Egypt sets $145B export target for 2030
- Banque du Caire partners Taly to improve credit card operations
- Dubizzle Egypt shifts to new HQ in Cairo Festival City
- Microfinance portfolios exceed $2.10B, reaching 4.1M clients
- Egypt calls for tech transfer, capital, training to meet renewable targets
- SBP to route all govt payments through Raast
- Pakistan, UAE to collaborate on major railway modernization
- SLG-Trax gets NBFC license, to acquire Singapore's Finova
- Pakistan, Saudi Arabia to announce major economic partnerships during PM's Riyadh visit
- Q1 trade deficit rises to $17B as exports decline to $7.6B
Other MENA+ Developments
- Sriwijaya, BlueFive partner to connect GCC SWFs with ASEAN investment opportunities
- Deliveroo UAE now officially part of DoorDash
- US-UAE chip deal remains delayed five months after signing
- North Africa emerges as key driver of MENA gaming growth
- MGX in discussions to acquire stake in Aligned Data Centers
Southeast Asia Developments
- Haier, Hisense expand Thai footprint to diversify production
- Indonesian SWF Danantara to deploy $10B in first three months, allocating 80% locally
- Indonesia's QRIS to link with Alipay, WeChat
- BYD consortium wins Singapore autonomous public bus contract
- GrabMaps partners superapp Tino to develop Mongolia digital map
India Developments
- Electronics Component Manufacturing Scheme attracts $13B in proposals, nearly double target
- MeitY unveils consultation on Online Gaming Act rules, to create gaming authority
- SEBI considers bringing family offices under its oversight
- 5G handsets made up 87% of smartphone shipments in H1
- RBI surveys show tax cuts boosted consumer confidence
