Saudi Arabian SABB Bank utilizes Contour Blockchain for Trade Finance
Saudi Arabian, Saudi British Bank (SABB) is utilizing Contour Blockchain platform to enhance trade finance by improving letter of credit and guarantee procedures for enterprises...
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UAE oil giant pilots Blockchain platform to certify carbon utilization
UAE oil giant ADNOC ( Abu Dhabi Oil Company) is piloting a blockchain platform that will show how much CO2 was used to make products...
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UAE metaverse project Eikonikos is launching digital fashion NFT collection with Lebanese Designer
UAE metaverse project Eikonikos is launching an NFT collection with Lebanese fashion designer Aiisha Ramadan. Aiisha Ramadan started her couture clothing line from the UAE...
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UAE DMCC and South Korean Blockchain industry in Busan City to spur blockchain web3 adoption
UAE DMCC, Dubai MultiCommodities Centre has signed an agreement with South Korea’s blockchain industry, Busan Metropolitan City, to support global development and adoption of blockchain...
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Blockchain Valereum’s acquisition of Gibraltar Stock Exchange to help Middle East and African entities access crypto capital
UK based Blockchain company Valereum has received consent from the Gibraltar Financial Services Commission (“GFSC”) to complete the acquisition of the Gibraltar Stock Exchange (“GSX”). Valereum will...
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UAE crypto mining hardware retailer to invest $300 million in global expansions
Amidst what some might consider as bearish markets especially for the crypto mining industry given high energy prices and decreased value in crypto markets, UAE’s...
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Saudi Arabia launches Blockchain SMS tracking system to decrease fraud
Saudi Arabia’s Information and Communication technology Commission has launched a blockchain enabled identity tracking management system for Bulk SMS messages in an effort to decrease fraud and...
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The GCC and MENA region very attractive destination for crypto mining
Crypto mining is an integral part of the development of crypto economies. As the MENA region opens up its economy to digitization and crypto-related activities...
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Kevin O’Leary’s Cypher crypto Fund is in partnership with UAE’s Cypher Capital
In September 2022, Kevin O’Leary announced that he was launching a crypto fund in UAE called Cypher with a lead investor from the UAE, yet he did...
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Abu Dhabi Finance Week inaugurates Crypto Abu Dhabi
For the first time ever Abu Dhabi Finance week organized by ADGM in association with Abu Dhabi Department of Economic Development (ADDED) will be holding Crypto Abu...
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