UAE investors lead Musk’s Boring Company $3B funding round, Saudi PIF weighs merging Electronic Arts with Savvy Games, talabat launches MENA startup accelerator, Grab explores acquisition of Singapore BNPL fintech Atome, IAMAI seeks 5% GST exemption for app-based rides in India
Here’s a look at today's biggest tech stories in the MENA+:
- UAE investors lead Musk’s Boring Company $3B funding round
- M42 partners NYU Abu Dhabi to drive healthcare innovation
- Mubadala boosts Asia exposure with investment in China’s Luckin Coffee
- UAE to invest $46.48B in Germany as $11B deals signed
- ADIA to continue focusing on AI-driven capital opportunities
- PIF weighs merging Electronic Arts with Savvy Games
- SABIC subsidiary's ammonia-urea complex set for 2030 launch
- Kingdom sets its sights on biotech leadership
- Industrial output up 10.4% in July on mining activities
- Delivery sector up 30.5% to hit 132M orders in Q2 2026
- Mobile wallet transactions up 62% YoY in H1 2026
- Egypt pushes for closer industrial ties and more Indian investment
- 144% solar, 400% wind capacity growth targeted by 2029
- Haier Egypt to ramp up production, boost local component content
- GAFI, Dubai Investments in talks for local expansion
- Ministries and provinces asked to sustain export-boosting measures
- Govt sends draft refinery upgrade agreements to ECC for approval
- SBP to get centralized access to bank account data under new law
- PTA to block dormant SIM-linked WhatsApp accounts
- FBR imposes 5% levy on influencer and content-creator earnings
Other MENA+ Developments
- TerraPay links its Xend platform to Alipay+ for cross-border QR payments
- talabat launches regional startup accelerator Open Door
- Jordan’s Aqaba port seeks to boost capacity as transit trade grows
- Oman inks mining exploration deals worth $15.4M
- MENA experts convene for Human Trafficking Specialist Programme
Southeast Asia Developments
- Thailand’s Gulf partners Singtel on subsea cable project
- Manufacturers tap Johor-Singapore corridor to diversify supply chains
- Grab explores acquisition of Singapore BNPL fintech Atome
- Philippines, KSA launch talks on strategic oil storage project
- BYD seeks Malaysia partner for local EV plant
