Suzuki by CFAO NG’s Post

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s Abu Dhabi Investment Authority (ADIA) boosting #India investments, Lucid Motors seeing #SaudiArabia becoming a global automotive hub, #Egypt's govt eyeing plan to boost local mobile phone manufacturing, #Pakistan’s BOI a drafting business, investment reform bill, #Kuwait’s Capital Markets Authority - Kuwait mandating sustainability reports, beIN MEDIA GROUP extending LALIGA broadcast rights in #MENA and #APAC until 2027, #Vietnam attracting more #semiconductor investments, #Thailand holding talks with #ecommerce firms on #Chinese imports, and #contentcreators hailing #India's move to revise the #BroadcastingBill. 🇦🇪 #UAE SWS Holding in consortium for $1B #Uzbekistan wastewater plant 🇸🇦 #KSA Visa partners with Saudi Tourism Authority | الهيئة السعودية للسياحة for Tourism Data Lab 🇪🇬 #EGYPT Parliament, #NTRA moving to tax global tech, including TikTok 🇵🇰 #PAKISTAN PM to unveil 5-year economic program 🇧🇭 #BAHRAIN revises virtual commerce framework 🌍 #MENA 14 Q2 IPOs raised $2.64B 🇹🇷 #TURKEY 47 #virtualasset service providers applied for Capital Markets Board of Turkey licensing 🇲🇾 #MALAYSIA 99 Speedmart launches $532M #IPO 🇮🇩 #INDONESIA financial services sector sees rapid #GenAI integration 🇮🇳 #INDIA may reconsider #China FDI restrictions

'Saudi Made' is helping local businesses grow and putting Saudi products on the world stage as part of Vision 2030. Want to see how it's changing industries and building a better future? 👉 Watch the full video here: https://lnkd.in/g4AbciUW #SaudiMade #Vision2030 #Innovation #MadeInSaudi

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE launching the region’s first palm IDs, #SaudiArabia’s Transport General Authority stops issuing #fooddelivery motorcycle licenses, #Egypt's new fund to invest in Nile Basin countries, #digitalpayments making up 84% of #retail payments in #Pakistan, the #GCC starting #Japan #FTA talks next month, #Qatar's Qatar Investment Authority cutting its stake in Sainsbury's by $399M, #Singapore Q3 #VC funding ▼ 26%, #SoutheastAsia gaining momentum as a global #datacenter hot spot with #AI boom, and #India targeting data, affordable #satellite services in its space strategy. 🇦🇪 #UAE highlights excess capacity, #greenenergy in pitch for #datacenter investments 🇸🇦 #KSA SAUDI AIRLINES' Lilium #eVTOLs to begin test flights in 2025 🇪🇬 #EGYPT banks to open #financialinclusion accounts 🇵🇰 #PAKISTAN to ▲ #IT exports with GITEX GLOBAL Largest Tech & Startup Show in the World participation 🌍 #GCC VEON to relocate global HQ to Dubai 🌍 #MENA, global leaders may sign major #COP29 #climatefinance deal 🇹🇷 #TURKEY Auto manufacturers shift to #Tunisia and #Egypt, domestic production below 30% 🇲🇾 #MALAYSIA plans new taxes for budget, including on "high-value goods" 🇮🇩 #INDONESIA #EV battery makers now key to #industrial policy 🇮🇳 #INDIA #Socialmedia may face child online safety compliance challenges after Supreme Court POCSO ruling

Kenya made significant efforts to revive its automotive sector and strengthen its position in the African market through agreements with foreign investors, such as the deal with Toyota Tsusho Corporation, which opened up a $629.7 million investment. Im this week's video, we speak of such how collaborative efforts and foreign investments are reshaping the continent's automotive landscape, paving the way for sustainable growth and development through #AfCFT. #Automotive #EconomicTransformation

Reflecting on Kenya's efforts to attract FDI in the automotive sector, the role of the AfCFTA in actualizing such efforts for countries such as Kenya, and the promise of a single African market. Read my take here: https://t.ly/AxK0n Swahili version in the video #AfCFTA #automotive #FDI #Kenya

Expanding Horizons: Volkswagen Group Africa's New Venture in Egypt In a significant step towards expanding its global footprint, Volkswagen Group Africa has deepened its collaborative ties with the Government of Egypt through a strategic agreement aimed at developing a feasibility study for new automotive facilities. This partnership, which builds on a previous agreement signed in November 2023 for a shared automotive painting facility in Cairo’s East Port Said Industrial Zone, now extends to potential construction of a Body Shop and Assembly Line within the same area. The recent agreement was endorsed by various dignitaries, including Egypt's Prime Minister, Dr. Mostafa Madbouly, and key ministers, during the Egypt-EU Investment Conference in Cairo. The initiative is part of Egypt's Automotive Industry Development Programme (AIDP), launched in June 2022, which seeks to enhance local automotive production, attract investments, and elevate emission standards. This aligns with the Government of Egypt's commitment to fortifying its automotive sector and Volkswagen's strategy to adapt its operational focus from capital to operational expenditures. Martina Biene, Chairperson and Managing Director of Volkswagen Group Africa, expressed enthusiasm about this asset-light investment model, which paves the way for Volkswagen to potentially assemble vehicles directly in Egypt, pending the positive outcome of the feasibility study. This agreement marks a pivotal moment for Volkswagen Group Africa, showcasing a commitment to innovation and global expansion, ensuring the Volkswagen presence is robust and responsive to emerging market dynamics. #VolkswagenGroupAfrica #AutomotiveInnovation #GlobalExpansion #EgyptAutomotive #StrategicPartnership #LindsaySakerVW

AAAM - African Association of Automotive Manufacturers welcomes Botswana Development Corporation as Associate Members.   Established in 1970, BDC is fully owned by the government of #Botswana. BDC’s mandate is to provide, facilitate and support funding of commercially viable enterprises that contribute towards building a sustainable and diversified Botswana economy; to stimulate the growth of the Botswana private sector; to invest in the region and internationally; whilst generating wealth for the Shareholder.   BDC’s primary focus is to drive the industrialisation of the country by providing financial assistance to investors with commercially viable projects that perform one or more of the following functions: • Unlock value in existing industries • Stimulate private sector growth and foster linkages with the local industry • Drive diversification and exports • Create significant employment • Invest outside Botswana’s borders   AAAM look forward to the contribution that BDC will bring to our mission of growing the automotive sector and promoting allied industrialisation on the African continent.   #OEM #componentmanufacturing #auto #africa

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about #AI driving investment in #UAE #utility companies, #SaudiArabia raising $12B+ from its aramco stake sale, #Egypt targeting $9B in #outsourcing exports by 2026, #Pakistan planning incentives to boost #mobilephone exports, economic diversification boosting the #GCC’s appeal as a #FDI destination, #Jordan's 1st fully electric vehicle charging station, #Hongkong regulating #ridehailing platforms, #Malaysia becoming a #BRICS partner, and #India's #gaming industry growing 20% YoY. 🇦🇪 #UAE Yango launches #publictransport, trip planning service in Dubai 🇸🇦 #KSA Agthia Group PJSC enters market with $24M manufacturing plant 🇪🇬 #EGYPT Swvl inks $6.3M deal with e& 🇵🇰 #PAKISTAN Rooftop solar market booms with blackouts, ▲ costs 🇶🇦 #QATAR Nykaa sets up subsidiary, plans 70 #GCC stores 🌍 #MENA #Ecommerce consumers prioritize payment security 🇹🇷 #TURKEY issues 3rd global bond for $1.75B 🇹🇷 #TURKEY's Erdogan to attend NATO summit, to focus on defense sales, terrorism 🇸🇬 #SINGAPORE approves edible insects to bolster #foodsecurity 🇻🇳 #VIETNAM lifts foreign ownership caps for #cloud, #datacenter market 🇮🇳 #INDIA prefers cash for small ticket transactions despite #UPI growth

🚀 𝐆𝐫𝐞𝐚𝐭 𝐧𝐞𝐰𝐬 𝐟𝐨𝐫 𝐌𝐨𝐫𝐨𝐜𝐜𝐨'𝐬 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲! The EBRD has just invested €15 million in Tuyauto, a family-owned car equipment supplier, to boost the sector. Here's what this means: 𝟏. 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐆𝐫𝐨𝐰𝐭𝐡: Tuyauto will build a new eco-friendly production facility near Rabat, certified under EDGE standards, promoting green manufacturing. 𝟐. 𝐉𝐨𝐛 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧 & 𝐒𝐤𝐢𝐥𝐥𝐬: This investment not only supports over 200,000 jobs but also enhances training through specialized institutes, ensuring a skilled workforce. 𝟑. 𝐄𝐱𝐩𝐨𝐫𝐭 𝐁𝐨𝐨𝐬𝐭: Morocco, already a key player in car exports, will see its automotive value chains fortified, especially for major OEMs like Stellantis. 𝟒. 𝐄𝐔 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: The European Union is backing this with risk-sharing, emphasizing a commitment to sustainable development in North Africa. This move is more than just financial support; it's a step towards sustainable transport solutions and reinforcing Morocco's position in the global automotive market. 🌍🚗 #MoroccoAutomotive #SustainableDevelopment #EBRDInvests #investinmorocco

In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about an ADQ research fund launching the #UAE's first commercial quinoa trials, Sanabil Investments ramping up #AI investments, e-finance and Egypt Post rolling out #Africa-focused #ecommerce platform, #Pakistan PM calling for fair climate deal at #UN General Assembly, #Lebanon's economy potentially contracting 25% this year as tensions escalate, Ooredoo Qatar getting $549M financing for #AI and #datacenter business, 21 #Singapore firms among #Asean’s 30 top #techstartups, Samsung Electronics planning to boost #Vietnam manufacturing with additional $1.8B, and SEBI approving Swiggy's #Nov #IPO. 🇦🇪 #UAE Dubai Department of Economy and Tourism, Amazon launch SME accelerator 🇸🇦 #KSA Saudi Tadawul Group saw 22 new listings in H1 🇪🇬 #EGYPT #China’s DAYUN AUTOMOBILE COMPANY to make passenger #EVs locally 🇵🇰 #PAKISTAN to finalize National #EV policy next month 🌍 #MENA #OPEC raises long-term oil demand forecast on global growth 🇴🇲 #OMAN rolls out Apple Pay services 🇸🇬 #SINGAPORE Deliveroo winds down #cloudkitchen segment 🇻🇳 #VIETNAM launches consultation on draft personal #dataprotection law 🇮🇳 #INDIA First #AI 🦄 Fractal mulls $500M #IPO