G42 diversifies chip suppliers, KSA's Savvy eyes Asia acquisitions, Policybazaar's MENA expansion, Southeast Asia EV sales surge, India offers zero tariffs on US products
Here’s a look at today's biggest tech stories in the MENA+:
- G42 negotiating with tenants for 5GW UAE-US AI campus, diversify chip suppliers
- PayPal, Veon, Fortress join list of MNCs setting up HQs
- UAE appoints new health minister in Cabinet reshuffle
- Lunate launches region’s first thematic ETF, starting with quantum computing offering
- FAB to offer first low-carbon energy bond
- Savvy Games lining up billion dollar acquisitions in Asia
- Q-commerce startup Ninja in talks for 2026 IPO
- WSM clears competition hurdle for Cyber Zone for Cybersecurity acquisition
- FedEx opens regional HQ, launches new services
- $400M Estrdad initiative launches to refund govt fees for SMEs
- EFG Finance-GB Corp JV launch digital pension platform
- Five firms secure FRA licenses for investment funds, NBFS operations
- New bonds issuance to target overseas Egyptians
- Over 1,300 industrial plots to be offered
- EGPC achieves two oil discoveries during AI-powered re-explorations of old fields
- PTA says Pakistan is region's most spectrum-starved country
- National carrier PIA expected to be privatized by Nov
- CCP sees incomplete disclosures in PTCL–Telenor merger
- SECP issues directive for Shariah-compliant investors to use compliant securities brokers
- World Bank ranks Pakistan fifth most vulnerable to climate-linked disasters
Other MENA+ Developments
- Iraq partners Vodafone to launch state-owned 5G operator
- Omani, Chinese firms launch $75M National Green Mobility Company
- Policybazaar expands digital reinsurance business to UAE, Qatar, Oman
- IT e-commerce retailer 2B launches first Morocco store
- Khaleeji Bank partners eTijwaal for eSIM offering
Southeast Asia Developments
- QCP gets Singapore Major Payment Institution license to offer crypto OTC services
- World's largest e-scooter maker Yadea to develop new products in Vietnam
- SEA to seek balance amid US-China AI rivalry
- PLDT to activate Google laser sites for fiber-like internet in rural Philippines
- Southeast Asia EV sales up 79%, driven by localization of Chinese brands
