UAE's ADGM assets surge 54% YoY in H1, KSA seeks to bring outsourced jobs back to local service providers, Qatar’s Meeza inks hyperscaler deal, Thailand to ease financial service rules within Asean, Flipkart, Amazon look to q-commerce, OTT as India user share shrinks
Here’s a look at today's biggest tech stories in the MENA+:
- ADGM assets surge 54% YoY in H1
- UAE seeks ‘Cyber Geneva Convention’ to tackle cyberwarfare
- ADIA-backed Jio Platforms to soon launch $4B IPO
- Talabat partners with QuikBot to expand robotic deliveries
- IHC to buy majority stake in UAE space firm Marlan Holding
- Outbound greenfield investment surges 90% to $3.3B in H1
- MCIT visits Silicon Valley to boost AI partnerships
- GDP declined 4.7% in Q2 as oil activity drops 24.8%
- KSA seeks to bring outsourced jobs back to local service providers
- E-commerce sales via Mada cards rise 11.8% in July
- Egypt working with OECD to develop national AI strategy
- Fintech unicorn MNT-Halan files for EGX listing of local arm
- Vodafone, Elsewedy, and Cassava to establish 200MW data center project
- FRA, Startup Egypt plan digital platform for fintech startups, investors
- Telecom Egypt inks deal to develop major subsea cable project
- PTA mandates compliance standards for telecom equipment
- Pakistan sees declining Chinese interest in power sector
- Govt explores new tax policies ahead of IMF review
- FCC receives petition seeking social media ban under-16s
- Port link being explored with Oman to boost regional trade
Other MENA+ Developments
- GCC bank lending up 11.6% YoY to hit record $2.59T in Q2
- Afghanistan, KSA’s Delta ink oil, gas exploration deal
- FAB becomes first MENA bank to join UN blue finance principles
- Qatar’s Meeza inks hyperscaler deal, on track for 4x data center capacity
- Acwa inks Syria water infrastructure deal to expand role in rebuilding
Southeast Asia Developments
- Thailand set to ease financial service rules within Asean
- Thailand to provide $1.5B to support rooftop solar installations
- Philippines announces $34.4B, 7-year AI infrastructure plan
- Malaysia explores Huawei chips for sovereign AI despite US warning
- Malaysia's data centers face power challenges as temperatures rise
India Developments
- Flipkart, Amazon look to q-commerce, OTT as user share shrinks
- India set to hit over 100 new GCCs this year despite geopolitical headwinds
- Reliance Jio, Apple ramp up RCS push to take on WhatsApp
- Enterprise AI investment up 119% but governance lags at 22%
- Uber leads $10M round of B2B fleet tech startup Carrum Mobility
