The UAE Ministry of Finance hints to the launch of Digital Dirham CBDC soon
In a recent LinkedIn post, the UAE Ministry of Finance praised Fintechs and technologies such as AI Big Data and Blockchain and their role in redefining...
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Dubai’s WOW Blockchain Summit launches $1 million startup competition at its UAE October 2023 event
WOW Summit has announced the launched of its WEB3 Summit Dubai, widely hailed as the WOW SUMMIT Dubai to be held on October 8th and...
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UAE Blockchain startups among UAE’s Ministry of Economy choices for top 100 future enterprises
The UAE Ministry of Economy in partnership with the Minister of State for Government Development and the future has commenced application for the top 100 future enterprises...
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Blockchain and AI enabled WorldCoin World ID orb available in UAE at Crypto Oasis Centre
As per a recent announcement, WorldCoin, blockchain and AI based digital identity protocol World ID has launched one of its orbs in Dubai UAE, at Crypto...
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UAE Venom Blockchain boasts of 1 million registered wallets in less than four months since it launched
UAE licensed and regulated Venom Foundation has announced that it has registered one million Venom Wallets as of July 25th 2023.Since April 2023, Venom was able...
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42 percent of UAE Fintech deals went to crypto and blockchain entities
According to a recent report by Fintech Global, while the UAE Fintech deal activity dropped 54 percent year on year, with deal activities reaching 24 deals in...
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Saudi Arabian SABIC petrochemical manufacturer launches blockchain project to trace their carbon footprint
Saudi based SABIC, one of the world’s largest petrochemicals manufacturers has launched a blockchain pilot project to trace the carbon footprint of specific material streams from end...
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Bitget crypto exchange to hire 60 staff for its regional Middle East headquarters eyeing UAE and Bahrain
Bitget, crypto derivatives exchange has expanded into the Middle East with plans to hire 60 new staff for its regional headquarters. Bitget is currently serving...
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UAE Cypher Capital funds Native, a DEX layer for Web3 applications for expansion in MENA
DEX ( decentralized exchange) layer for retail Web3 applications has partnered and received funding from UAE based Cypher Capital VC fund to grow Native’s financial...
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