ADIA backs India’s NIIF, LEAP opens in KSA with major AI announcements, US to unveil new sanctions on Iran-linked entities weekly, Singapore launches consultation on stablecoin framework, India’s UPI transaction volumes hit record 24.5B
Here’s a look at today's biggest tech stories in the MENA+:
- ADIA backs India’s National Investment and Infrastructure Fund
- Adnoc resumes full production at Ruwais oil refinery
- Online FMCG market up 26.4% in Q2 as e-commerce’s share hits 14.1%
- Alpha Dhabi doubles commitment to private credit JV with Mubadala
- e& unveils first AI-powered enterprise laptop
- Adobe partners MCIT, Humain to offer $4B in free AI tools
- Pasqal, KACST collaborate to drive quantum technology, security research
- MCIT, Savvy ink deal to boost gaming talent, support startups
- LEAP opens with major AI announcements, partnerships
- Kingdom readies $8B debt package amid regional conflict
- Phase 2 of ‘Egypt Exports’ initiative launched in Port Said
- 40M-capacity Terminal 4 to be built at Cairo airport
- Investment zones to be developed around airports to attract foreign capital
- LNG import bill up 2x amid surging energy costs
- BP begins gas production at Fayoum-4 ahead of schedule
- Pak EXIM partners ICIEC to expand risk cover for small exporters
- Shipping costs from Pakistan to US jump over 3x amid trade disruptions
- Senate panel calls for reduced mobile taxes to facilitate 5G rollout
- Pakistan emerges as third biggest crypto market with 40M accounts
- Telcos seek to end G2G contracting amid competition concerns
Other MENA+ Developments
- KSA and Syria ink deals to boost transport and logistics cooperation
- US to unveil sanctions on new Iran-linked entities weekly
- Jordan sees unemployment decline to 16.1% in Q2
- Qatar Airways partners Uber on corporate travel program
- Turkey's wealth fund to buy stake in local EV maker TOGG
Southeast Asia Developments
- Thailand's SEC opens consultation on crypto ETF regulations
- Indonesia tightens scrutiny of commodity exports with new platform
- Singapore launches consultation on stablecoin framework
- Philippines consumer group seeks crackdown on online fake goods
- Vietnam’s new R&D rule could drive $291M additional tech investment
