DIFC releases financial services innovation outlook, while SDAIA unveils updated AI Ethics Principles
Here’s a look at today's biggest tech stories in the MENA+:
- Cybersecurity Council eyes strategy for next 50 years
- SMEs prioritize global expansion as key growth driver
- Congo expects more Emirati mining investments
- UAE, Philippines eye Islamic finance to boost investments
- DIFC releases financial services innovation outlook
- MBS says making progress on KSA-Israel normalization
- ADES Holding sees $76.5B in orders for $1.2B IPO
- SDAIA unveils updated AI Ethics Principles
- PIF only deployed 21% of assets overseas despite high profile investments
- OneWeb TONOMUS to built satellite network portal in Tabuk
- PIF in talks to buy 3 private Egyptian firms
- Timetable for presidential elections to be announced next week
- More Egyptians turn to BNPL for essentials amid high inflation
- Egypt to source wheat from France, Bulgaria instead of Russia
- Rolling Plus to spend $1.1B on Egypt tire plant
- 5 digibanks including Mashreq get SBP’s in-principle approval
- UNFPA calls on parliamentarians to address population growth
- ADB sees GDP growth at 1.9%, inflation highest in Asia at 25%
- Reko Diq project sees interest from major miners, says Barrick
- 21M new voters registered ahead of general elections
Other MENA+ Developments
- Freelance industry surges amid economic diversification efforts
- Turkey-Africa bilateral trade surged 8x over past 20 years
- ADQ-backed Sagard eyes MENAT investments as it seeks 2x AUM
- Gulf cenbanks follow Fed’s rate pause
- Qatar launches capital market e-portal to streamline listings
Southeast Asia Developments
- ADB slashes regional growth forecasts for 2023 and 2024
- China continues to prioritize ASEAN for BRI investment
- Indonesia EV battery ambitions face supply challenges
- Singapore’s Grab may buy Delivery Hero’s Foodpanda business in SEA
- Thailand’s digital economy up 14% on fintech, healthtech growth