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...
Details
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...
Details
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...
Details
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....
Details
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...
Details
UAE based Helion Ventures to invest in Web3 gaming companies
Dubai headquartered Helion Ventures, Web3 VC and venture builder, has announced that it will be investing in gaming companies.In a linkedin post, Helion ventures are announcing...
Details
UAE Web3 Blockchain enabled gaming startup raises $2 million amidst growing investment in gaming
Web3 gaming startup GAM3S.GG.based out of Abu Dhabi UAE has just raised $2 million in seed funding led by investment firm Mechanism Capital and other...
Details
Daoversal first Blockchain AI startup to graduate from Dubai’s DIFC metaverse accelerator program
Dubai International Financial Centre (DIFC), announced graduation of its first metaverse cohort of 10 regional and global start-ups as part of its ‘DIFC Metaverse Accelerator...
Details
Saudi’s leading fintech entity, Geidea partners with two blockchain payment platforms in KSA
Saudi’s fintech entity Geidea just announced that it has partnered with UAE based Blockchainenabled payments platform Magnati, and FAB ( First Abu Dhabi Bank) to...
Details
Abu Dhabi’s Yas Island launches its virtual metaverse island with visiting avatars
In collaboration with both the UAE Abu Dhabi department of Culture and Tourism, Al Dar, Miral, twofour54, and Ethara, Yas Island has launches its virtual...
Details
