UAE and India optimize CEPA, KSA to see 14 IPOs this year, American eyes MENA homegrown brands, Malaysia taxes crypto trading, India's Reliance sets up AI unit
Here’s a look at today's biggest tech stories in the MENA+:
- UAE Verify processes over 25M digital documents since 2022 launch
- DP World commits $400M to Pakistani freight corridor
- Australia's Toll Group begins work on Dubai South logistics hub
- UAE, India to optimize CEPA, boost industrial cooperation
- Ministry of Economy, Dubai Science Park partner to promote patent registrations
- Tadawul on track to record 14 IPOs this year
- Alat targets localization in chip, smart device sectors
- E-commerce spending via SAMA's Mada cards up 72%
- PIF, Sports Ministry target $480M revenue for Saudi Pro League by 2030
- October FII conference to focus on AI, robotics, wealth creation
- Egypt signs $340M in gas and oil exploration deals
- Gen X accounts for one-fifth of consumer spending
- Huawei Egypt, AASTMT launch ICT academy
- Orascom to list on ADX this month, delists from Nasdaq Dubai
- Mindware becomes official distributor of VMware to drive cloud solutions
- Pakistan greenlights transfer of Islamabad Airport operations to UAE
- MoITT aims to launch 5G spectrum auction within this year
- PM's Youth Program disbursed $890M in loans to 434,000 entrepreneurs since 2013
- Facebook leads as social media users surpass 51.6M
- SUPARCO begins using satellite mapping, imagery to support disaster relief
Other MENA+ Developments
- EHang to launch pilotless passenger eVTOLs in Qatar
- Americana eyes acquisitions of homegrown brands amidst boycotts
- Jordan working to revive railway project connecting to regional neighbors
- DCO, GCC agree on roadmap for data governance, AI joint action
- Ooredoo, Qatar Airways to set up Qatar national AI hub
Southeast Asia Developments
- Google Cloud expands Singapore Gemini AI, data residency
- Philippine SEC developing plan to list more state-controlled businesses
- YouTube expands Philippine e-commerce business with Shopee tie-up
- Malaysia subjects crypto trading, mining, exchange to income tax
- Line Man Wongnai acquires JERA Cloud, expanding merchant offering beyond restaurants
