Syria’s post-war tech risks
A US-Iran agreement may be easing regional tensions, but risks to Middle East tech infrastructure continue to grow.
Welcome back to AL-MONITOR FutureVerse.
A US-Iran agreement aimed at ending the war may be lowering tensions in the Middle East, but the risks facing the region’s technology sector amid current turmoil have yet to abate. We explore that and more this week.
Sign up for the newsletter here.
Thanks for reading,
Sam (@sam_wendel)

TOP STORY

This photo illustration taken in Damascus on May 20, 2026, shows the X account of Syrian President Ahmed al-Sharaa on a smartphone displaying his tweet to President Donald Trump. — LOUAI BESHARA / AFP via Getty Images
Syria’s post-war tech risks
Syria said Monday that an undersea cable linking the coastal city of Tartous with Alexandria, Egypt, was damaged in what authorities described as an “act of sabotage,” disrupting internet services across the country.
The affected cable is one of just four submarine cables serving Syria and forms part of a critical connectivity corridor through Egypt, an important hub for global internet traffic. Officials haven’t identified a culprit, but the incident underlines the fragility of Syria's digital infrastructure at a time when the country is attempting to rebuild and reconnect to the global grid.
The timing is notable. The reported incident arrived a day after Washington and Tehran agreed to a deal aimed at ending the US-Israel-Iran war — a conflict that exposed critical tech infrastructure to direct attacks as data centers, telecom networks, subsea cables and tech firms emerged as targets and strategic pressure points during the fighting.
But Syria's cable disruption is a reminder that regional tech infrastructure risks extend beyond the Gulf and that the sector remains vulnerable to asymmetric warfare going forward. The risks facing subsea cables as “digital chokepoints” attracted plenty of attention during the war — a trend that looks set to continue as the physical networks underpinning regional tech ambitions remain prime targets going forward.

CLICKABLE

An unmanned aerial vehicle is seen during a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing's Tiananmen Square, on Sept. 3, 2025. — GREG BAKER/AFP via Getty Images
China's military and defense ties across the Gulf, particularly in drone technology, have only grown since the US-Israel-Iran war began.
As tankers ferry sanctioned oil from Iran worldwide, their criminal owners are using a mishmash of digital tools to control crews and cover their tracks.
FIFA has blamed a "technical outage" for the controversy that resulted from the award of a penalty to Switzerland during the 1-1 draw against Qatar in last Saturday’s World Cup match.
France has accused the Israeli firm BlackCore of meddling in elections in the United States and Scotland.
An AI-generated film exploring Iran’s deadly crackdown on protesters has premiered at the Tribeca Film Festival, sparking further debate about the use of the technology in Hollywood.

DEALFLOW

This picture taken on April 23, 2024 from Salmiya shows a view of an aquatics sports centre with the skyline of Kuwait City behind. (Photo by -/AFP via Getty Images)
- Kuwait Investment Authority joins Nvidia, private equity firm KKR and power firm Vistra to launch a new $10 billion AI firm called Helix Digital Infrastructure.
- The European Union announces a financing package for up to $800 million for Egypt’s clean energy grid.
- UAE wealth fund Mubadala invests in Canadian fintech company Koho’s $130 million funding round.
- Cloud security startup Aryon Security (Israel) raises $29 million.
- AI manufacturing startup Limitless Labs (Israel) announces a $20 million funding round.
- AI startup Algebra AI (UAE) launches with $7 million.
- Fintech startup Sovra (UAE) raises $2 million.
- Asset manager Ninety One increases holdings in Turkish defense electronics maker Aselsan.
- Israel's El Al Airlines signs internet deal with Elon Musk's Starlink.

DATA DISCOVERY
Gulf wealth funds reportedly placed orders for shares worth several billions of dollars in SpaceX’s initial public offering last week, positioning them to capitalize as the rocket company’s stock has surged since debuting. Already SpaceX’s market capitalization has soared up the ranks of the most valuable companies in the United States, all of which are in the technology sector.


ACTIONABLE INTELLIGENCE

Illustration of logos of online sports betting companies displayed on a smartphone in front of a football field illustration and casino chips in Paris, France, June 8, 2026. (Photo by Joao Luiz Bulcao / Hans Lucas / AFP via Getty Images)
💸 Syria announced that it is blocking access to gambling and betting websites just as the World Cup kicked off.
🚨Just in time for SpaceX’s historic IPO last week, Iran threatened Elon Musk’s companies in the Middle East.
✅ Saudi Arabia’s Future Investment Initiative Institute, which hosts the annual gathering in Riyadh dubbed Davos in the Desert, has named Princess Maha Al Saud as its new CEO.
⚽ An Iran-linked hacker group has threatened to target the World Cup. Meanwhile, Iranian fans are using an app to tackle FIFA's ban on the pre-revolution flag at the tournament.
🦠 A spyware firm has been targeting WhatsApp users in Jordan and Lebanon with malicious links.
🆕 The UAE government is launching a new data and artificial intelligence authority.
❗Vehicle rental company Budget Saudi has confirmed that some customer data was leaked through its mobile application.
🌐 The World Bank has approved two new programs totaling $650 million intended to help accelerate progress toward Morocco's digital transformation goals while boosting the country’s financial resilience.
🚙 Saudi Arabia has introduced a legal framework for autonomous vehicles laying out liability rules and operational requirements as the kingdom prepares for adoption of self-driving tech.