UAE Digital Economy Council creates Blockchain Sub-committee
During the UAE Digital Economy Council’s first meeting chaired by Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote...
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UAE Securities and Commodities Authority publishes UAE Virtual asset regulation resolution
UAE Securities and Commodities Authority (SCA ) publishes the Cabinet Resolution No. (111)of 2022 regarding the regulation of virtual assets and their service providers and has noted...
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KSA NFT marketplace NuqtahNFT sponsors KSA LEAP event
KSA Web 3 NFT Marketplace, NuqtahNFT sponsors LEAP tech convention that will be taking place in Riyadh Saudi Arabia from February 6th-9th 2023. LEAP is one of Saudi...
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Saudi Arabia launches its national wholesale CBDC project between local banks
The Saudi Central Bank (SAMA) released a press release where it confirmed that the Central Bank is continuing to experiment on Central Bank Digital Currencies (CBDC). SAMA...
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UAE MEmob Blockchain entity partners with Artifact Labs to develop metaverse fashion house
UAE based MEmob+, a Blockchain data intelligence and mining platform has partnered with Artifact Labs, a premier provider of 360-degree support for brands and creators...
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UAE Emirates Zone Investment services accepts crypto payments using Binance Pay
UAE Emirates Zone Investment Services has partnered with Binance Pay, to accept crypto payments from the UAE startup community, small and medium businesses (SMBs), Investors and Entrepreneurs...
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South Korean gaming giant creator of Intella X establishes its Blockchain entity in the UAE
According to the Korean news site Newsis, Neowiz Holdings one of South Korea's leading game giants, the creator of Web3 gaming platform Intella X which...
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Former CEO of Bahrain Fintech Bay joins Fasset digital asset exchange for MENA
Fasset digital asset exchange has appointed the former CEO of Bahrain Fintech Bay as General Manager for MENA region. Fasset digital asset exchange seeks to...
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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...
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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...
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