UAE Alawad Fund launches 300 million crypto mining and blockchain investment fund
UAE Alawad Fund announced the launch of their 300 million USD Blockchain crypto investment fund which consists of two main sub funds. The first Fund is focused...
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UAE DMCC is home to 36 percent of UAE’s crypto and Blockchain businesses
Since June 2021, exactly one year ago, the UAE DMCC (Dubai Multi Commodities Center) has been able to attract 373 crypto and blockchain companies into...
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Crypto FX trading volume in MENA reaches 400 million USD
According to Saxo Bank press release utilizing data driven from its crypto FX platform, 400 million USD of crypto FX trading was recorded in the MENA region...
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UAE Blockchain enabled Data and Location-driven marketing company accepts crypto payments
UAE based data and location-driven marketing services company, MEmob which utilizes blockchain technology to offer advanced and effective advertising services, is now accepting crypto paymentsAs per their announcement,...
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UAE ChainTech Labs launches first reward bearing tokens marketplace from DIFC
ChainTech Labs, the first Reward Bearing tokens marketplace, with custom smart contracts and vaulting technologies that will enable startups and SMEs to get funded utilizing...
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Qatar to crypto or not to crypto that is the question
This week Qatar made headlines in the Blockchain, crypto, NFT and metaverse scene on several fronts. While the CEO of Qatar Sovereign Wealth Fund praised Blockchain...
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Oman New Securities Law provisions for regulation of virtual assets
Oman Capital Market Authority recently issued its new Securities Law (46/2022) which stipulates that the authority can “Agree to application of technologies, virtual digital investments or...
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Saudi Nuqtah NFT Marketplace partners with Ethereum Consensys
KSA NuqtahNFT marketplace has partnered with Consensys, an Ethereum blockchain company.The agreement aims to transfer the knowledge and expertise of Consensys to empower Web 3 startups in Saudi...
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Four Lebanese Crypto Blockchain startups Win University Hackathon
Despite the dire economic situation and maybe because of it, many startups are turning towards solutions built on blockchain and crypto. Lebanon has become one...
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KSA Blockchain enabled NFT Marketplace to raise 5 million USD in new funding round
After KSA based Nuqtah, Blockchain enabled NFT Marketplace raised its pre-Seed round led by UAE Shorooq Partners in November 2021; the company is now looking to raise an additional...
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