IslamicCoin issued on Haqq Blockchain raises additional $200 million making total raised $400 million

IslamicCoin issued on Haqq Blockchain raises additional $200 million making total raised $400 million

IslamicCoin, issued by HAQQ Blockchain ( Haqq means truth in Arabic), which is Shariah compliant has raised another $200 million from Alpha Blue Ocean’s ABO... Details
UAE Cypher capital leading investor in multi chain DeFi protocol Concordia

UAE Cypher capital leading investor in multi chain DeFi protocol Concordia

UAE Cypher Capital is one of the investors in Concordia, a multi-chain risk and collateral management protocol for digital assets. Concordia closed a successful $4... Details
Blockchain Hashgraph Association to support startups in UAE with Hashgraph Ventures

Blockchain Hashgraph Association to support startups in UAE with Hashgraph Ventures

As the Blockchain ecosystem grows in the MENA region, Blockchain Hashgraph Association, an independent non-profit organization focused on building a vibrant innovative ecosystem for startups,... Details
GCC and MENA Family offices can make their gold work for them with blockchain tokenization

GCC and MENA Family offices can make their gold work for them with blockchain tokenization

If you are a GCC or MENA based family office that has a portfolio that includes precious metals such as gold, silver or others, or... Details
Saudi Venture Capital invests in Web3 digital asset fund by UAE Shorooq Partners

Saudi Venture Capital invests in Web3 digital asset fund by UAE Shorooq Partners

The Saudi Venture Capital (SVC) has invested $30 million in the $150 million Bedaya Fund II, managed by UAE Shorooq Partners to back early-stage startups with a... Details
Whampoa Group Web3 investment firm and digital bank to invest $50 million in Bahrain with Golden license

Whampoa Group Web3 investment firm and digital bank to invest $50 million in Bahrain with Golden license

In a recent press release, Bahrain has granted its first five Golden licenses and Whampoa Group, a multi-family office with investments in global tech firms, and its digital... Details
GCC Investcorp Blockchain fund leads $15 million investment round in Spanish crypto exchange

GCC Investcorp Blockchain fund leads $15 million investment round in Spanish crypto exchange

GCC ( Gulf Cooperation Council) and MENA based Investcorp, a global alternative investment firm has led a $15 million investment round for BitMe a Spanish... Details
After raising $1.3 million Web3 startup nealthy sets up headquarters in UAE

After raising $1.3 million Web3 startup nealthy sets up headquarters in UAE

Web3 tokenized indices investment startup, nealthy, which recently raised $1.3 million, has set up its headquarters in Dubai UAE. nealthy provides index tokens that replicate... Details
Reef Labs launches $10 million accelerator program for Web3 projects in MENA

Reef Labs launches $10 million accelerator program for Web3 projects in MENA

Reef Labs has announced the launch of a $10 million accelerator program for Web3 projects building on the Reef Chain in the Middle East region.... Details
UAE based Cypher Capital invests $60 million of its $100 million Blockchain Fund in 40 blockchain startups

UAE based Cypher Capital invests $60 million of its $100 million Blockchain Fund in 40 blockchain startups

In a recent LinkedIn post for Vineet Budki, Managing Partner and CEO for Cypher Capital he announced that in one year since the launch of Cypher Capital... Details