UAE NFT market to reach $4.7 billion USD by 2028 up from $1 billion in 2022

UAE NFT market to reach $4.7 billion USD by 2028 up from $1 billion in 2022

According to a report by ResearchAndMarkets, the NFT industry in the UAE is  expected to grow steadily, recording a CAGR of 32.1% during 2022-2028. The NFT Spend Value... Details
WEF to support UAE’s Blockchain and AI enabled Trade Tech Initiative

WEF to support UAE’s Blockchain and AI enabled Trade Tech Initiative

At Davos, the UAE government signed an MOU with WEF (World Economic Forum) to support UAE's new Blockchain and AI enabled Trade Tech initiative. The... Details
UAE emirate offers Soul NFT Plaques to honor partners

UAE emirate offers Soul NFT Plaques to honor partners

UAE’s government of Sharjah has honored its partners with the first Soul NFT (Non Fungible Token) plaque. Sharjah became the first in the world to... Details
UAE Abu Dhabi gaming government initiative to put gaming on the metaverse with AA Meta

UAE Abu Dhabi gaming government initiative to put gaming on the metaverse with AA Meta

As Abu Dhabi strives to become a global gaming hub through the AD Gaming government led initiative it is accelerating the growth of the region’s... Details
UAE has not granted a single operational virtual asset license VARA and UAE Minister announce

UAE has not granted a single operational virtual asset license VARA and UAE Minister announce

As HE Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications participated in the WEF session 'Finding the right balance... Details
ChainUp Blockchain solutions provider sets up in UAE offering digital asset solutions

ChainUp Blockchain solutions provider sets up in UAE offering digital asset solutions

Singaporean ChainUp Group, a global blockchain technology solutions provider, has expanded its operations into the UAE and MENA region with a sales office in Dubai.... Details
1,650 Blockchain crypto entities in the UAE a 13.8 percent growth YOY

1,650 Blockchain crypto entities in the UAE a 13.8 percent growth YOY

According to a Crypto Oasis at the end of 2022 there were 1,650 blockchain and crypto entities in the UAE. Crypto Oasis notes that the... Details
UAE Restaurant pilots Blockchain Halal food traceability with DNA verification

UAE Restaurant pilots Blockchain Halal food traceability with DNA verification

A UAE restaurant is piloting Blockchain enabled halal food traceability with DNA verification with OneAgrix and its partner Blockchain OriginTrail, and Inexto. OneAgrix, Inexto, OriginTrail and their... Details
Qatar Sovereign Wealth Fund at DAVOS reasserts investment interest in Blockchain technology

Qatar Sovereign Wealth Fund at DAVOS reasserts investment interest in Blockchain technology

During a Bloomberg TV interview at WEF Davos event, Mansoor Al Mahmoud, CEO, of Qatar Investment Authority, reaffirmed the fund's interest in investing in Blockchain technology, more... Details
Blockchain gaming platform WEMIX expands to MENA with UAE presence

Blockchain gaming platform WEMIX expands to MENA with UAE presence

WEMIX a South Korean blockchain gaming platform part of WEMADE blockchain firm, is developing and delivering various games and has launched its MENA presence with... Details