WEMIX Play onboards UAE metaverse developers
Wemade has signed WEMIX PLAY onboarding contracts with INFTY ART FZ-LLC and FYE Software FZ-LLC, developers based in the United Arab Emirates. INFTY ART is...
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$1 billion Web3 gaming fund in UAE with Creta and Lloyd Investment
Creta, a Web3 metaverse gaming platform, has partnered with Lloyd Investment Group, a global private investment fund headquartered in Dubai, UAE in collaboration with Thomas...
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UAE Mada Capital partners for growth fund for metaverse gaming platform
UAE based MADA Capital, a private investment fund has partnered with Web3 metaverse gaming platform Creta in its ecosystem growth fund. As per the news...
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Metaverse platform The Sandbox and its KSA partner Sandsoft collaborate with Saudi NFT platform Nuqtah for decentralized gaming in MENA
Metaverse gaming platform Sandbox and its Saudi partner SandSoft, has partnered with KSA’s first regulated NFT platform Nuqtah to grow decentralized gaming in KSA and...
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UK metaverse company Luminous Group raises $1.2 million and sets up presence in the Middle East
UK headquartered Luminous Group, which provides immersive training programs, using metaverse technologies has raised $1.2 million from North East venture fund, and Mercia as its...
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Saudi NEOM invests $50 million in Animoca Brands and signs MOU to drive Web3 Blockchain initiatives
Metaverse creator Animoca Brands Corporation Limited has announced that it has signed a Memorandum of Understanding (“Strategic Partnership”) with NEOM Company (“NEOM”) to drive regional...
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NEOM new investment arm NIF invests in Animoca Brands the creators of the Sandbox metaverse
NEOM has inaugurated its strategic investment arm, the NEOM Investment Fund (NIF), NEOM’s wholly owned subsidiary which is set up to support the buildout and...
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SandBox metaverse expands operations in Saudi with SandSoft collaboration
The Sandbox metaverse has announced further expansion into Saudi Arabia through a partnership with SandSoft, a Saudi based game developer, publishers, and investor powered by...
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UAE Public Prosecution discusses money laundering crimes using virtual assets
The UAE Public Prosecution is launching a forum entitled “Financial Crimes Foresight Forum” on 11th October 2023, to discuss money laundering crimes using Virtual Assets....
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Blockchain enabled Hyperspace raises millions of dollars from KSA backed Riyadh Seasons
UAE based Blockchain, VR, NFT enabled physical theme park builder has received millions of dollars in investment from KSA’s sovereign fund backed Riyadh Seasons. The...
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