Tahseen Consulting’s Post

In Tahseen Consulting's #MENA+ #tech #policy insight, you'll read about #VC funding for #UAE’s in5 Dubai’s 900 #startups ▲ 25% YoY, #SaudiArabia's Public Investment Fund (PIF) deploying $70B annually, #Egypt’s #financialinclusion rate hitting 71%. #Pakistan exporting $700M of food to the #MENA, Basserah and nybl merging to boost their #MENA footprint, #Morocco's Casablanca Stock Exchange launching a new digital platform, #Singapore's Grab's $500M 1st share buyback, the #Philippines' GCash (Mynt - Globe Fintech Innovations, Inc.) focusing on growth over #IPO, and Uber signing an MoU with #ONDC to explore bus and rail bookings in #India. 🇦🇪 #UAE Abu Dhabi targets 60% #renewableenergy by 2035 🇸🇦 #KSA says #FDI not affected by regional tensions 🇪🇬 #EGYPT to raise 2030 renewable energy target to 60% 🇵🇰 #PAKISTAN #VPN use ▲ amid #socialmedia shutdown 🌍 #GCC UAE, #Qatar banks top inaugural Banking Sentiment Index 🇮🇷 #IRAN begins 1st parliament #election campaigns since 2022 protests 🇹🇷 #TURKEY Turkcell to use #GenAI in future products 🇸🇬 #SINGAPORE Sea to take 15% stake in hibank Indonesia 🇲🇾 #MALAYSIA to offer incentives to Tun Razak Exchange tenants 🇮🇳 #INDIA Mubadala leads $133M funding for Warburg Pincus LLC-owned #NBFC Avanse Financial Services Ltd.

In Tahseen Consulting's #MENA+ #tech #policy insight, you'll read about the #UAE’s #Parkin exploring #EV growth opportunities, #SaudiArabia’s Core Vision Investment Co. acquiring VeFund, A.P. Moller - Maersk seeing #RedSea disruptions affecting #Egypt’s Suez Canal into H2, Surfshark saying #VPNs are under threat in #Pakistan, #Ireland eyeing #MENA #SWF #infrastructre investment, #Jordan and the UAE launching a joint investment platform, #Thailand seeking OECD - OCDE membership, #Malaysia and the UAE exploring a #FTA, and banks tapping #fintechs to gain retail lending market share in #India. 🇦🇪 #UAE International Holding Company (ADX:IHC) appoints #AI Board observer 🇸🇦 #KSA International Monetary Fund to open regional office 🇪🇬 #EGYPT #RasElHekma to boost #EGP to 45 / #USD 🇵🇰 #PAKISTAN Alibaba Group’s Daraz downsizes – cuts 400 in largest market 🇶🇦 #QATAR to invest $10B+ in #French #startups, funds 🇲🇦 #MOROCCO falls behind on #solarenergy due to #PV vs. #CSP dispute 🇹🇷 #TURKEY OKX launches with TRY ₺ onramp, major #crypto pairings 🇸🇬 #SINGAPORE FedEx opens regional hub 🇮🇩 #INDONESIA GoTo Group, TikTok to fully comply with trade regulations in 1.5 months 🇮🇳 #INDIA #FMCG companies eye #Dubai as a gateway for global growth

In Tahseen Consulting's #MENA+ #tech #policyinsight, you'll read about Mubadala leading funding round for #Indian #NBFC Avanse Financial Services Ltd., #Spain acquiring Telefonica stake to counter #Saudi influence, #Egypt targeting 4% GDP growth in FY25, global investors including #UAE and #Qatar eyeing Pakistan International Airlines deal, #Jordan’s Tamatem Games moving HQ to #UAE after Abu Dhabi Investment Office backing, #FutureFundOman planning to invest $5.2B in national projects and SMEs, HSBC announcing $1B growth fund to support digital businesses, Apple exploring #Indonesia investments, and #India's Ministry of Electronics and Information Technology proposing product validation, certification centers for #startups. 🇦🇪 #UAE Abu Dhabi Global Market (ADGM) launches consultation on draft whistleblowing rules   🇸🇦 #KSA unveils #DigitalTransformationIndex 2024 🇪🇬 #EGYPT begins repayments for 20% of oil company arrears 🇵🇰 #PAKISTAN #NADRA compromised data of 2.7M citizens over 5 years, says probe 🌍 #MENA Manufacturing firms tap #GenAI, #automation to tackle challenges 🇶🇦 #QATAR considers 5-year #visas to woo freelance talent, entrepreneurs 🇮🇩 #INDONESIA #lastmiledelivery providers struggle amid rising competition 🇵🇭 #PHILIPPINES to launch #Maharlika #wealthfund in Q3 🇮🇳 #INDIA Google in talks for land sale to build 1st captive #datacenter https://lnkd.in/gXy35gaJ

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s DIFC launching the #Dubai #AI Campus, #SaudiArabia’s Public Investment Fund (PIF) raising its stake in Alibaba Group by 11%, #Egypt’s Telecom Egypt dropping plans to sell its Vodafone stake, #Pakistan establishing an Economic Advisory Council, #Iran’s President dying in an accident, stc pay partnering with Mastercard on prepaid cards in #Bahrain, AstraZeneca announcing a $1.5B #Singapore facility, #Thailand developing a draft law to address #MNC profit shifting, and #India’s #startups supporting the #DigitalCompetition Bill. 🇦🇪 #UAE Genting Singapore Limited exploring a #gaming resort 🇸🇦 #KSA eWTP Arabia Capital ranks 5th best #VC in $250M to $499M fund Preqin ranking 🇪🇬 #EGYPT Electra Investment Holding exploring 24.5% stake in ELSEWEDY ELECTRIC 🇵🇰 #PAKISTAN Twitter ban continues into 4th month 🌍 #MENA #BNPL demand ▲ amid risk of youth debt 🇯🇴 #JORDAN ADQ investing $5B in infrastructure through new fund 🇹🇷 #TURKEY fining Google for non-compliance with local search service regulations 🇹🇷 #TURKEY rejoins Top 500 #supercomputer ranking with Arf Computing Cluster 🇮🇩 #INDONESIA launches SpaceX #Starlink for health sector 🌏 #SoutheastAsia #ASEAN, #Japan to develop #EV strategy to counter #China 🇮🇳 #INDIA, UAE discuss India-Middle East-Europe Economic Corridor

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s DIFC launching the #Dubai #AI Campus, #SaudiArabia’s Public Investment Fund (PIF) raising its stake in Alibaba Group by 11%, #Egypt’s Telecom Egypt dropping plans to sell its Vodafone stake, #Pakistan establishing an Economic Advisory Council, #Iran’s President dying in an accident, stc pay partnering with Mastercard on prepaid cards in #Bahrain, AstraZeneca announcing a $1.5B #Singapore facility, #Thailand developing a draft law to address #MNC profit shifting, and #India’s #startups supporting the #DigitalCompetition Bill. 🇦🇪 #UAE Genting Singapore Limited exploring a #gaming resort 🇸🇦 #KSA eWTP Arabia Capital ranks 5th best #VC in $250M to $499M fund Preqin ranking 🇪🇬 #EGYPT Electra Investment Holding exploring 24.5% stake in ELSEWEDY ELECTRIC 🇵🇰 #PAKISTAN Twitter ban continues into 4th month 🌍 #MENA #BNPL demand ▲ amid risk of youth debt 🇯🇴 #JORDAN ADQ investing $5B in infrastructure through new fund 🇹🇷 #TURKEY fining Google for non-compliance with local search service regulations 🇹🇷 #TURKEY rejoins Top 500 #supercomputer ranking with Arf Computing Cluster 🇮🇩 #INDONESIA launches SpaceX #Starlink for health sector 🌏 #SoutheastAsia #ASEAN, #Japan to develop #EV strategy to counter #China 🇮🇳 #INDIA, UAE discuss India-Middle East-Europe Economic Corridor

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about Mubadala, Emirates Global Aluminium (EGA), and Strata partnering on a national R&D facility in the #UAE, Pure Data Centres Group and Dune Vaults partnering on a hyperscale #datacenter in #SaudiArabia, e& investing $363M in #Egypt’s #telecom infrastructure, Jazz revenues ▲ to $1B in #Pakistan, India's #Kerala offering incentives to attract $10B in #GCC investment, #Oman ranking as one of the fastest improving nations for #foodsecurity,  #SoutheastAsia #fintech remaining resilient, U Mobile becoming #Malaysia’s 1st telecom with an #OpenAPI portal, and OpenAI being sued by news agency #ANI in #India. 🇦🇪 #UAE #Datacenter market to ▲ to $2.6B by 2029 🇸🇦 #KSA Jadwa Investment raises $266M for GCC deals 🇪🇬 #EGYPT Financial Regulatory Authority FRA mandates #NBFC #dataprotection systems 🇵🇰 #PAKISTAN Banks eye #datasharing for #EV, #SME financing 🇧🇭 #BAHRAIN Solidarity Bahrain B.S.C. buys 29% stake in Alliance Insurance P.S.C 🌍 #MENA Dubai Technology Entrepreneur Campus - Dtec now one of the region's biggest tech hubs 🇹🇷 #TURKEY Hepsiburada (NASDAQ: HEPS) acquisition by Kaspi.kz approved 🇹🇷 #TURKEY Games District acquires majority stake in Gleam Games 🇮🇩 #INDONESIA Planned #SWF could spur #FDI, fund gigaprojects 🇸🇬 #SINGAPORE Proposed law could give LEAs unprecedented anti-scam powers 🇮🇳 #INDIA SEBI plans stricter SME #IPO regulations

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s G42 and Microsoft investing $1B in a #datacenter in #Kenya, #SaudiArabia’s Saudi Central Bank – SAMA opening debt crowdfunding rule consultation, #Egypt’s e-finance buying stakes in 2 #digitalpayment firms, #Pakistan’s PM visiting the UAE today in a #FDI push, Temu raising #dataprivacy concerns in #Morocco, #MENA family offices boosting real estate allocations, the #Philippines’ GCash (Mynt - Globe Fintech Innovations, Inc.) #IPO-ing next year, #Thailand facing a power shortage risk with its #tech investment boom, and #smartphones emerging as #India's 4th largest export. 🇦🇪 #UAE Mubadala selling its $950M GlobalFoundries stake 🇸🇦 #KSA Rasan’s $224M #IPO oversubscribed 129x 🇪🇬 #EGYPT Philip Morris International buys a ~15% stake in Eastern Company 🇵🇰 #PAKISTAN may require local offices for #socialmedia platforms 🌍 #MENA #AI, #fintech leadership to impact global finance tech adoption 🌍 #MENA Honeywell, VOLTS UAE Ltd. to establish region’s 1st home battery #gigafactory 🇹🇷 #TURKEY Colendi becomes 🔜 🦄 with $65M Series B at $700M valuation 🇹🇷 #TURKEY X (formerly Twitter) opens office, appoints representative 🌏 #SoutheastAsia Billionaires see taxes as biggest risk over the next 5 years 🇮🇩 #INDONESIA PT. Indosat Tbk to debut AI #LLM in July 🇮🇳 #INDIA The Walt Disney Company sells Tata Play Ltd stake in ~$300M transaction

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s #crypto framework supporting Ripple’s regional growth, #SaudiArabia announcing major labor law changes, #Egypt's General Authority for Investment and Free Zones (GAFI) hosting a #Saudi investment office, the UAE, KSA, and #China rolling over #Pakistan debt, #Libya’s National Oil Corporation cutting production, #MENA startups possibly boosting the IPO market, #China’s GDS Holdings Ltd. investing $1B in a #SoutheastAsia #datacenter push, #Malaysia launching its 1st #semiconductor design hub, and #India incentivizing #mobilephone component manufacturing. 🇦🇪 #UAE Abu Dhabi Investment Authority (ADIA) becomes an anchor investor in FirstCry.com (BrainBees Solutions Ltd.) IPO 🇸🇦 #KSA Public Investment Fund (PIF) invested $750M in #AR firm Magic Leap since 2023 🇪🇬 #EGYPT targets ~ $2.5B from #IPO program, generated $3.1B so far 🇵🇰 #PAKISTAN A.P. Moller - Maersk pushing to finalize $2B Karachi deal 🇶🇦 #QATAR invests $2.4B in #AI ecosystem 🌍 #MENA seeing increasing malware, ransomware threats 🇹🇷 #TURKEY Believe acquires Doğan Music Company – the country’s largest music label 🇹🇭 #THAILAND Hyundai Motor Company (현대자동차) plans $28M #EV plant 🇵🇭 #PHILIPPINES has highest mobile #fintech adoption in #SEA 🇮🇳 #INDIA #NPCI raises monthly payments target to 100B+ transactions

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s G42 and Microsoft investing $1B in a #datacenter in #Kenya, #SaudiArabia’s Saudi Central Bank – SAMA opening debt crowdfunding rule consultation, #Egypt’s e-finance buying stakes in 2 #digitalpayment firms, #Pakistan’s PM visiting the UAE today in a #FDI push, Temu raising #dataprivacy concerns in #Morocco, #MENA family offices boosting real estate allocations, the #Philippines’ GCash (Mynt - Globe Fintech Innovations, Inc.) #IPO-ing next year, #Thailand facing a power shortage risk with its #tech investment boom, and #smartphones emerging as #India's 4th largest export. 🇦🇪 #UAE Mubadala selling its $950M GlobalFoundries stake 🇸🇦 #KSA Rasan’s $224M #IPO oversubscribed 129x 🇪🇬 #EGYPT Philip Morris International buys a ~15% stake in Eastern Company 🇵🇰 #PAKISTAN may require local offices for #socialmedia platforms 🌍 #MENA #AI, #fintech leadership to impact global finance tech adoption 🌍 #MENA Honeywell, VOLTS UAE Ltd. to establish region’s 1st home battery #gigafactory 🇹🇷 #TURKEY Colendi becomes 🔜 🦄 with $65M Series B at $700M valuation 🇹🇷 #TURKEY X (formerly Twitter) opens office, appoints representative 🌏 #SoutheastAsia Billionaires see taxes as biggest risk over the next 5 years 🇮🇩 #INDONESIA PT. Indosat Tbk to debut AI #LLM in July 🇮🇳 #INDIA The Walt Disney Company sells Tata Play Ltd stake in ~$300M transaction

In Tahseen Consulting's #MENA+ #tech #policy insight, you'll read about Park'In launching the #UAE’s 1st #IPO of 2024, #SaudiArabia leading #GCC #datacenter demand, Telecom Egypt and Huawei deploying #5G in #Egypt, #Pakistan regulating #cannabis for medical and industrial purposes, #Qatar’s Qatar Investment Authority launching a $1B #VC #FundofFunds, the #MENA’s Buna (The Arab Regional Payments Clearing and Settlement Organization) adding #PKR and #CNY, #Malaysia’s Maxis and Huawei completing #SoutheastAsia's first 5.5G trial, the #Philippines and UNIDO partnering to promote EV adoption, and Adani Group talking with Uber to become an #EV #ridesharing fleet partner. 🇦🇪 #UAE Multiply Group acquires BackLite Media ahead of #IPO 🇸🇦 #KSA Factories ▲ 10% YoY amid #industrialization push 🇪🇬 #EGYPT SEACOM LTD’s #subseacable disruption affecting connectivity 🇵🇰 #PAKISTAN to boost International Monetary Fund loan to $8B 🌍 #MENA COTU Ventures raises $54M pre / seed fund - 👏 Anthony El-Khoury 🇱🇧 #LEBANON #Agriculture hit with $2.5B in damages from conflict 🇹🇷 #TURKEY could be removed from #FATF’s #graylist soon - FinMin 🇹🇷 #TURKEY Komünite.com.tr raises funding at $4M valuation 🇸🇬 #SINGAPORE Dubai Future District Fund backs Leo Capital 🇻🇳 #VIETNAM may ask foreign #satellite firms to have local gateway 🇮🇳 #INDIA Amazon Pay gets Reserve Bank of India (RBI) #paymentaggregator license