UAE leads GCC for EV readiness, Saudi CMA proposes tighter IPO rules, Iran presents US with roadmap to end the war, Thailand launches 2050 chip strategy, India to focus on building resilience in critical industries
Here’s a look at today's biggest tech stories in the MENA+:
- UAE advanced air mobility firm LODD gets orders for over 330 aircraft
- EVs reach 9% of new vehicle sales, as UAE leads GCC for EV readiness
- ADX joins the SWIFT network
- MBRIF, Dubai Future District Fund partner to support startup growth
- E& launches secure website hosting with 24/7 NOC, SOC monitoring
- CMA proposes tighter IPO rules to boost confidence in markets
- Crude shipments rise despite falling Hormuz traffic as tankers switch off AIS
- Trade surplus grows to $3.8B despite export decline
- Peako acquires six Saudi gold exploration projects
- Saudi HQ rules face resistance from Wall Street
- noon Minutes partners Vaiu to offer flexible payments
- National AI strategy advances alongside quantum plans
- Egypt unveils fisheries data monitoring project
- Raya Holding approves $60M contribution for data center acquisition
- Gaming market nears $1B, seen to hit $1.8B by 2034
- Pakistan flags risks of widening AI inequality
- Huawei opens first spare parts repair center in Pakistan
- Pakistan receives $4.1B from IMF program, misses some targets
- EBANX to launch in Pakistan in emerging markets payments push
- Pakistan seeks US EXIM Bank backing for PIA aircraft purchases
Other MENA+ Developments
- Iran presents US with roadmap to end the war, includes 60-day ceasefire
- Oman's OQ, Research Authority partner to boost innovation ecosystem
- UAE, Lebanon partner on One Million Lebanese AI Experts initiative
- Oman FSA launches executive regulations for Securities Law
- PAM wins most seats in Moroccan elections
Southeast Asia Developments
- Sea to become Southeast Asia's first firm to adopt Nvidia’s Vera Rubin platform
- Indonesia to accelerate EU trade deal talks as GSP incentive nears expiry
- Malaysia working on measures to protect MSMEs from international e-commerce firms
- Thailand launches chip strategy, targets $80B investment, 230,000 jobs by 2050
- Vietnamese lawmakers push to simplify IP rights system
