UAE banks plan unified digital platform for customers’ data, KSA resumes operations at East-West oil pipeline, Alibaba Cloud to expand Middle East data center footprint, Thailand to extend consumer subsidy scheme, MDR incentivize banks to reassess UPI tools roadmaps in India
Here’s a look at today's biggest tech stories in the MENA+:
- Banks working on unified digital platform for customers’ data
- ADIA buys into Saudi private markets through KAUST secondaries sale
- Adnoc’s XRG explores stake in Shell’s LNG Canada export project
- M42 expands Central Asia footprint
- UAE advances global cooperation at UN General Assembly
- Operations resume at East-West oil pipeline
- Kingdom accounts for 61% of Middle East private-capital fundraising
- Saudi crude shipments surge as tanker routes adjust
- PepsiCo launches regional R&D hub in Riyadh
- National Framework Policy for Inspection to boost business transparency
- NBE gets approval to take over Banque Misr's UAE branches
- Economy exceeded expectations in absorbing Iran war shock
- Mobile subscriptions up 8.82% to reach 127M+ in Q2 2026
- EBRD provides EFG Holding $40M loan to expand MSME financing
- Dedicated Austrian logistics zone proposed in SCZone
- National Economic Mission launched targeting $60B exports by 2030
- Pakistan Single Window integrates NADRA’s PakID Mobile App
- SIFC rolls out centralized digital Ticketing Hub for investors
- Oil reserves up 15%, gas reserves up 9% on new discoveries
- Quantum Valley Pakistan to expand opportunities for startups, emerging talent
Other MENA+ Developments
- Alibaba Cloud to expand data center footprint in Middle East, Europe
- Iran says to reopen Strait of Hormuz if US ends blockade
- Private equity firm EQT makes regional push with Abu Dhabi office
- GCC tech firms accelerate Asia expansion amid regional conflict
- Qatar’s Lesha Bank partners BlackRock’s GIP to invest $1B
Southeast Asia Developments
- Thai cabinet approves extension of consumer subsidy scheme
- Thai auto industry calls for higher EV import tax
- Indonesia’s E2W sales slump amid incentive uncertainty
- Singapore unveils more land reclamation plans for industrial growth
- Vietnam's Vingroup and Siemens announce $1B bullet train deal
India Developments
- New MDR incentivize banks to reassess UPI tools roadmaps
- Indian software services exporters may lose $20B due to Big Tech’s AI shift
- Govt to form high-level committee on banking for Viksit Bharat
- T-Mobile, Jio achieve landmark 5G standalone roaming connection
- Used car platform Spinny files confidentially for IPO
