UAE Varys Capital investment in Movement Labs pays off with $6 billion valuation
After UAE Varys Capital led a Pre- seed raise for Blockchain L2 platform developer Movement Labs in 2023 where the startup raised $3.4 million. This...
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Animoca Brands moves to next stage with Saudi Neom
In 2024, Animoca Brands and Saudi Arabian NEOM Investment Fund signs a strategic partnership that included a $50 million convertible notes financing from NEOM into...
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Ripple backed Ryzer blockchain accepted into Qatar Digital assets Lab
Indian headquartered, Ryzer a blockchain-based (Token Service Provider) real estate investment platform, has been accepted into Qatar Digital Labs within the Qatar Financial Centre (QFC)...
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Bahrain’s Ministry of Justice to utilize AI and Blockchain for digital transformation project
During, the 74th Information and Communication Technology Governance Committee (ICTGC) meeting, chaired by Mohammed Ali Al Qaed, the Information & eGovernment Authority (iGA) Chief Executive,...
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Saudi cloud provider Virtual Vision introduces Blockchain as a service
 Saudi Arabian cloud provider, Virtual Vision (V2), has expanded its service portfolio with the introduction of Blockchain-as-a-Service (BlaaS) provided by CloudSigma and Red Date Technology....
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World Blockchain summit returns to Dubai UAE
The 30th edition of the World Blockchain Summit, organised by Trescon, is returning to Dubai to set the stage for innovation and thought leadership in...
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Could the first Dirham stablecoin in UAE come from Tether
Tether, a digital asset company that issues the stablecoin USDT ( Tether) has announced in the UAE its plans to add a new Dirham backed...
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Binance powers Azerbaijan Chain reaction event
Binance, a Web3 Blockchain ecosystem and the largest crypto exchange in terms of trade volume, is powering the Chain Reaction, event series organized by FARI...
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DEWA uses cutting edge tech including blockchain for sustainable energy solutions
UAE based Dubai Electricity and Water Authority (DEWA) announced that it is utilizing cutting edge technologies including blockchain to develop innovative and sustainable energy solutions...
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Dubai virtual asset regulator: big Web3 and crypto players will bear the compliance cost for small players
During the Paris Blockchain Week, at the Global regulatory Landscape Panel session, Mathew White, CEO of Dubai’s VARA (Virtual Asset Regulatory Authority) discussed the cost...
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