ADIA and GIC invest in Vantage Data Centers, KSA's new game development program, Oman's 1st AI zone for global tech startups, Indonesia's $12B stimulus, India reiterates crypto risks
Here’s a look at today's biggest tech stories in the MENA+:
- ADIA, GIC invest $1.6B in Vantage Data Centers' Asia-Pacific expansion
- ALC, Amazon Alexa partner to expand global reach of Arabic content
- RAK hosts XPENG AEROHT eVTOL trial flight
- DFSA, Hong Kong’s SFC partner on cross-border investment supervision
- FAHR launches AI HR assistant to serve 50,000 federal employees
- MCIT launches game development program
- PIF's Neo Space acquires Display Interactive, to integrate tech with satcom capabilities
- Esports World Cup 2025 records 750M viewers, 3M visitors
- FII Institute to hold new investment forum in Tokyo
- Vision Invest enters Africa with $700M industrial zone developer deal
- E-wallet transactions grew 72% in Q2
- Sailun begins construction of $1B automotive tire plant
- Chemicals manufacturer Polyserve Group planning up to $500M in new projects
- GAFI, Tunisian Investment Authority to cooperate on knowledge-sharing
- Egypt says Ethiopian mega-dam threatening its water security
- Senate committee flags criminal, money laundering risks with Virtual Assets Bill
- Social Media Regulatory Authority to be established
- SECP tells PSX to promote Shariah-compliant brokerages
- Pakistan, China sign $601M in agriculture JVs
- SBP tightens rules on bank compensation for data breaches
Other MENA+ Developments
- Oman’s first AI Zone aims to woo regional tech startups
- QIA joins Nvidia in PsiQuantum's $1B fundraising
- Capital.com sees surge in trading volumes led by UAE
- Cypriot President says UAE may soon join Israel-Europe submarine cable project
- Obesity among children, adolescents up 2x since 2000
Southeast Asia Developments
- Singapore fund managers shift focus to healthcare, education, and tech
- Indonesia's new Finance Minister embarks on $12B stimulus
- South Korea’s SPC group to aid Chipotle’s Southeast Asia push
- TNG eWallet, Ant, Alipay form Digital Wallet Guardian Partnership
- Vietnamese car, motorbike association targets 100% EV manufacturing by 2035
India Developments
- BYD senior management to visit amidst reset in China-India ties
- RBI views full crypto regulation as raising systemic risks to financial system
- Local drone startups pin hopes on Namo Drone Didi scheme
- HAL to build small satellite launch vehicle with ISRO tech transfer
- Cut to car tax hits EV transition