First Gulf-Iraq Business Forum to be held in Sharjah, while KSA defends oil production cuts as prices soar
Here’s a look at today's biggest tech stories in the MENA+:
- First Gulf-Iraq Business Forum to be held in Sharjah next week
- Egypt’s E-Finance unit, Network International to boost smart card services
- UAE set to hold fully-digital elections in partnership with Scytl
- Sellers not required to charge VAT for electronics bulk sales
- DIFC attracts influx of major insurance players
- Kingdom defends oil production cuts as prices soar
- Growing desalination needs may be at odds with sustainability goals
- Tesla’s Musk denies report on potential Saudi EV plant
- Saudi Music Commission drives efforts to develop local music industry
- Tadawul introduces four new indices to boost investments
- New capital developer ACUD plans local IPO in H1 2024
- Finance Ministry to develop new income tax law
- Gulf investors eye acquisition of major pharma distributor UCP
- Egypt Post buys 40% stake in Fawry-backed delivery firm Roaderz
- Sisi visits UAE to discuss ties
- Utility firm K-Electric reports losses for first time in 12 years
- Chinese, Pakistani firms seek greater AI cooperation
- Prices of essential items, food products continue to surge
- Mobile phone imports rise 71% in August
- Development expenditure remains stagnant amid economic uncertainty
Other MENA+ Developments
- 20x renewables capacity needed to replace gas, oil power generation
- Careem expands regional engineering hubs
- Qatar launches 5-year strategy to regulate autonomous vehicles
- Oman's OQ set to launch $771M IPO next week
- Turkey to finalize deal with China for new nuclear power plant
Southeast Asia Developments
- More SEA firms eye US listings in absence of Chinese offerings
- BYD’s EV sales in region surpass Tesla’s amid partnerships
- Thailand to impose stricter tax rules on overseas income
- Indonesia to launch carbon exchange next week
- Vietnam unveils draft law for industrial parks, economic zones
India Developments
- Reliance Industries, others in talks to buy Disney India
- Govt set to discuss data law implementation with Big Tech, startups
- Starlink asked to provide more information on data storage and transfer
- OTT players excluded from regulation as telecoms services
- Rupee slumps to new closing low against dollar as oil prices rise
