EV maker Nio launches UAE hub, KSA promotes SEZs, Syria returns to global oil market, Singapore asks Meta to tackle scams, India targets US trade deal by Nov
Here’s a look at today's biggest tech stories in the MENA+:
- Airtel Africa studying UAE IPO for mobile unit
- Mubadala’s CI Financial acquires Stonehage Fleming, Stanhope Capital
- TII, e&, VentureOne launch QuantumConnect encryption solution
- Dubai introduces new food delivery guidelines covering competition, business standards
- EV maker Nio launches first hub in UAE
- Saudi Arabia launches digital inclusion roadmap with ITU
- Taqa and partners secure financing for Saudi power plants
- Qiddiya acquires operator of Evolution Championship Series esports event
- LYNEports integrates Dunes Aero to map Saudi vertiports
- ECZA launches campaign to promote SEZs to global investors
- Egypt aims to attract $95.3B in pharma investments over next five years
- CBE issued regulations allowing banks to establish service units alongside branches
- Egypt ranks 9th globally, 1st in Africa for FDI in FY23-24
- $2.8B electricity, renewable energy investments planned for FY 2025/26
- Egypt to launch new national narrative for economic development next week
- SECP issues regulations covering digital asset management services
- Planned SCO Development Bank to provide new financing options, tech expertise
- Solar panel prices may rise as China seeks to remove export rebate
- Senate Committee to block Starlink license over Musk tweets
- PM greenlights 5G spectrum auction by 2025
Other MENA+ Developments
- Bahrain's Mumtalakat, Abu Dhabi's CYVN fully acquire McLaren Racing
- Zain Cash, Mastercard to set up Jordan innovation hub
- DP World invested $2.5B, created 5,000 new jobs globally this year
- Syria returns to global oil market with first crude shipment in 14 years
- Anthropic gets QIA backing as it raises $13B Series F
Southeast Asia Developments
- Singapore tells Meta to tackle scams or face $780,000 fine
- Indonesia becomes TikTok Shop’s 2nd largest market after US
- Thai stock exchange partners Nasdaq on systems adoption, oversight
- Malaysia will not introduce targeted regulations covering rare earths industry
- Thunes, Ripple to widen reach, streamline payments
