UAE Public Prosecution integrates AI and Blockchain for criminal cases

UAE Public Prosecution integrates AI and Blockchain for criminal cases

The UAE Public Prosecution unveiled its plan to integrate AI ( Artificial Intelligence) and Blockchain as well as the metaverse for criminal cases, during the Governance of Emerging Technologies Summit in Abu Dhabi this week. The initiative is part of UAE Public Prosecution’s 2045 strategy which aims to cut the processing times of cases up to 100 percent while ensuring accuracy transparency and security in the justice system.

Chancellor Salem Al Zaabi, Chief Prosecutor at the Office of the UAE Attorney General, outlined how AI will be embedded at every stage of the legal process — from the initial classification of complaints to case resolution. “Artificial intelligence will be used to identify contradictions in evidence, interpret technical reports, and summarize complex legal files,”
he said.

AI will also assist prosecutors in prioritizing police reports based on urgency and severity, allowing faster and more informed decisions. Despite the technology’s expansive role, Al Zaabi emphasized that AI is a support tool, and not a substitute, with human prosecutors remaining central to all decisions.

Blockchain technology will also play a key role in securing evidence. By tracking seized items, storing sensitive digital data, and preserving the chain of custody, blockchain ensures legal evidence remains unaltered and tamper-proof.

“We must ensure that no one can access or alter this evidence,” Al Zaabi noted.

The initiative follows lessons learned from the UAE’s first cryptocurrency case, which exposed gaps in the legal system’s readiness to handle digital crimes. The complex case, which involved months of external consultation and a 100-page report, ultimately led to a conviction, but also a realization that prosecutors needed better digital literacy.

Since then, specialised training programs have been introduced to equip prosecutors with skills to handle new-age crimes involving NFTs, cryptocurrencies, and other digital assets.

Looking ahead, the Public Prosecution will use metaverse platforms and virtual reality to simulate crime scenes, offering courts and investigators a more immersive understanding of incidents. Predictive AI models will also be deployed to identify criminal patterns and allow early intervention.

The UAE also plans to strengthen international cooperation by launching a platform to coordinate with public prosecution offices globally.

“Digital crime knows no borders,” Al Zaabi said, calling for unified global action against cyber threats.

“We will harness technology to protect rights, accelerate procedures, and deliver precise, humane justice.”

Animoca Brands opens office in UAE and appoints Managing Director

Animoca Brands opens office in UAE and appoints Managing Director

Animoca Brands today announced its official expansion into the Middle East, with a presence in Dubai, United Arab Emirates, to meet the growing demands of Web3 organizations moving into the region. The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships.

As per the press release, the Dubai office will serve as a hub to engage with both local and international partners to foster innovation, guide strategic direction and operations and develop partnerships.

Oman Elassar will oversee the Middle East growth and operations. As a Web3 veteran Oman has eight years of Web3 native technology experience having held various executive roles with Polkadot, Ripple and others. He has also worked across corporate and technology strategy, as well as financial advisory at firms including Oliver Wyman, Deloitte, and Morgan Stanley. He holds an MBA from INSEAD, and an Honours degree in Computer Engineering from the University of Waterloo in Canada.

Commenting on the appointment, Evan Auyang, group president of Animoca Brands, said, “Omar’s deep expertise in Web3 makes him an exceptional addition to Animoca Brands. His leadership will be a key driver in driving Animoca Brands’ strategic growth in the Middle East and beyond.”

Omar Elassar, managing director for Middle East and head of global strategic partnerships, added, “We are excited to establish our first office in the Middle East, one of the world’s most connected innovation hubs, to leverage the region’s vibrant landscape and support the evolving needs of the Web3 industry locally and globally. Joining Animoca Brands at this phase in its journey presents a unique opportunity to work with visionary builders and contribute to the wider integration of blockchain technology in a market that is poised for significant growth.”

​Animoca Brands has been active in the MENA region

Already Animoca brands has been active in the region whether in Saudi Arabia or the UAE. Earlier this year is signed an agreement with Saudi Neom, and also led an investment in UAE based Param Labs, an independent Web3 Blockchain gaming and technology studio totaling $7 million.

Fuze subsidiary Niobe licensed for digital asset payments in UAE

Fuze subsidiary Niobe licensed for digital asset payments in UAE

Fuze, a digital asset Blockchain enabled financial infrastructure providers, subsidiary Niobe Payment Services has been licensed to offer digital assets payments by the Central Bank of the UAE. The company now holds a Retail Payment Services and Card Schemes (RPSCS) license.

Fuze Group, through its subsidiary Niobe Payment Services LLC SPC, is now both a fully licensed operator for digital assets infrastructure and, through its payments infrastructure division, a regulated payment services provider for the region.

As per the press release, the new license will enable businesses to benefit from faster, more secure payment options, reduced transaction times and end-to-end compliance.

Mohammed Ali Yusuf (Mo Ali Yusuf), CEO and Co-Founder of Fuze said, “This license is the launchpad for the next generation of payments. It marks a key step in our mission to provide digital and AI-enabled infrastructure that will drive the future of finance and transform payments. We are privileged to be granted this license from the Central Bank and look forward to providing cutting-edge, compliant payment infrastructure and novel solutions – like virtual IBANs – for a range of businesses.”

Fuze’s technology will enhance digital payments, supporting the UAE Digital Economy Strategy, which aims to double the contribution of the digital economy to the UAE’s GDP to 19.4 per cent by 2032.

Through its strong regulatory foundation, Fuze is now launching a new payment platform that combines AI-driven technology, user-friendly design, and integrated compliance features, to simplify and support modern business needs.

With the license in place, Fuze will soon roll out a comprehensive, compliant suite of payment products with features that include digital payments and settlements through real-time infrastructure, AI-enhanced compliance and fraud detection engine, virtual IBANs to make it easier to collect payments and manage funds, and merchant tools to help UAE-based businesses to manage payments and grow

UAE Bank Federation showcases how smart banking will help UAE GDP reach 20% by 2031

UAE Bank Federation showcases how smart banking will help UAE GDP reach 20% by 2031

The UAE Banks Federation (UBF), during the 14th edition of the AIM Congress in Abu Dhabi, emphasized the importance of continuing initiatives and efforts to advance smart banking services to build a digital economy characterized by prosperity, resilience, financial inclusion, transparency, diversification, and sustainability where UAE GDP will reach 20% by 2031. They also noted that UAE Banks are continuing to invest in technologies such as AI, Blockchain, data analytics and cloud computing.

The AIM Investment Summit, taking place from April 7 to 9, 2025, under the theme “The New Wave of a Globalized Investment Landscape: Towards a New Balanced World Structure,” hosts heads of state, more than 60 ministers and central bank governors, 30 city mayors, 1,250 speakers, 16 heads of stock markets, 600 exhibitors, and over 20,000 participants from 180 countries—highlighting its status as a leading global investment platform.

In his keynote speech at the “Future of Finance” session, which featured senior officials and experts from the banking, finance, and technology sectors, Mr. Jamal Saleh, Director General of UBF, said, “The banking sector is distinguished by its progressive approach in adopting and developing advanced technologies to deliver seamless and secure banking services to customers. The proactive role of the Central Bank of the UAE fosters innovation to meet the evolving needs of diverse customer segments and keep pace with rapid advancements in fintech, while ensuring optimal conditions for protecting digital infrastructure and cybersecurity.”

He added: “Guided by the visionary leadership of the UAE, the country is redefining innovation and ambition across various fields, spearheading digital transformation and smart services. The UAE Digital Strategy aims to double the digital economy’s contribution to the GDP, from 9.7% to over 20% by 2031, underscoring the commitment to strengthening its leading status as a global center for finance, investment, and trade.”

He noted that UAE bank investments in technology infrastructure and digital channels has increased the adoption of digital services with now more than 95% of all transactions conducted digitally.

He also added that UAE banking sector is at the forefront of these efforts by deploying blockchain, artificial intelligence, data analytics, and cloud computing to provide better services, enhance operational excellence, and improve risk management and regulatory compliance.

The Hashgraph Group invests in AgNext to offer food traceability in MENA using blockchain

The Hashgraph Group invests in AgNext to offer food traceability in MENA using blockchain

The Hashgraph Group (THG), a Swiss-based global business, venture capital, and technology firm dedicated to the Hedera ecosystem, has strategically invested in AgNext Technologies, a leading agritech company driving innovation in food quality and transparency. With operations spanning India, Europe, the Middle East, and the USA. AgNext leverages AI-driven quality assessment and blockchain-enabled traceability to enhance food safety and efficiency across the supply chain.

With this investment, THG joins AgNext’s recent financing round led by Novo Holdings, a holding and investment company headquartered in Denmark, with over US$150 billion in assets under management. Novo Holdings manages the wealth and assets of the Novo Nordisk Foundation.

Following its Series A funding in 2021, of $21 million led by Alpha Wave Incubation (AWI), AgNext opened its first international office in Abu Dhabi, UAE. AWI is backed by DisruptAD, which is managed by Falcon Edge and serves as the venture capital arm of Abu Dhabi’s sovereign wealth fund, ADQ. The funding at the time supported the view that AgNext is uniquely positioned to drive the digitization of quality-based food trade in the MENA region with its pioneering technologies.

Approximately a third of all food produced for human consumption is lost or wasted annually, leading to severe environmental, economic, and social consequences. This not only exacerbates food insecurity but also contributes to greenhouse gas emissions, waste of resources, and economic losses. Boston Consulting Group estimates global food wastage at $230 billion annually.

Traditional quality checks are slow, error prone, and costly which leads to recalls and loss of trust. AgNext solves this with its patented AI powered solutions, replacing subjective assessments and lab delays with instant on the spot analysis. The solution brings digitized trust to global food supply chains.

Following this strategic investment by THG, AgNext will integrate Hedera’s cutting-edge distributed ledger technology (DLT) into its assurance and traceability platforms and devices – ensuring 100% traceability, transparency, immutability, and efficiency through self-executing smart contracts, eliminating the need for multiple intermediaries that currently populate the supply chains and drive-up end prices. Hedera being the most scalable, cost-efficient, and energy-efficient among blockchain protocols is especially well-suited for food supply chains.

Taranjeet Bhamra, Founder and CEO of AgNext, commented on the investment, saying: “We are excited to welcome The Hashgraph Group as a valued partner in our mission to revolutionize food supply chains. With THG’s expertise and technology, we are poised to enhance our quality assurance frameworks and create robust transaction assurance systems that will foster transparency and trust in the global agriculture and food sectors. This partnership marks a pivotal step in delivering innovative, cutting-edge solutions to our clients.”

AgNext and THG will also collaborate on joint go-to-market initiatives, including co-branded, Hedera-powered embedded devices, which will be offered to clients globally through a new Web3-centric joint venture established in Switzerland.

Stefan Deiss, Co-Founder & CEO of The Hashgraph Group, said: “THG brings deep expertise in designing, developing, and deploying enterprise-grade solutions on the Hedera network, delivered by our team of highly skilled, Hedera-certified engineers. With this strategic co-investment alongside Novo Holdings, we look forward to embarking on the tech-enablement journey with AgNext to drive the convergence of AI and Blockchain/DLT, while jointly bringing to market Hedera-powered AgriTech solutions that will enhance AgNext’s competitive edge in the Web3 era.”

Hedera leverages its unique Hashgraph consensus algorithm to achieve unmatched speed, security, and scalability. With low, predictable fees and a carbon-negative footprint, Hedera is governed by over 30 Council Members from the world’s leading organizations such as Abrdn, Dell, EDF, Hitachi, Google, IBM, Mondelēz, Standard Bank, and TATA, Hedera provides a trusted, quantum-resistant infrastructure for businesses and institutions worldwide.

Anindya Roychowdhury, Head of Global Partnerships at The Hashgraph Group, stated: “I’ve been closely following AgNext’s remarkable growth since its inception, and I’m thrilled that THG is now partnering with them to leverage Hedera as the foundation for their assurance and traceability platforms. With Taranjeet’s visionary leadership and the capabilities of Hedera, we are confident in creating world-leading, Web3-enabled solutions for the AgriTech industry.”

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Targeting UAE AI strategy Abu Dhabi TAQA and EWEC implement new energy infrastructure

Targeting UAE AI strategy Abu Dhabi TAQA and EWEC implement new energy infrastructure

Targeting UAE AI and Net Zero Strategies, Abu Dhabi National Energy Company (TAQA) together with Emirates Water and Electricity Company (EWEC), today announced the development and implementation of new energy infrastructure projects. The transformative collaboration includes TAQA signing a 24-year Power Purchase Agreement (PPA) with EWEC to build, own, and operate the 1-gigawatt (GW) Al Dhafra Open-Cycle Gas Turbine (OCGT) project in the UAE.

With 100 percent ownership, TAQA is leading the OCGT project and will undertake the operation and maintenance (O&M) of the plant. In addition, TAQA Transmission, part of TAQA Group, will develop advanced power grid infrastructure to integrate the additional generation capacity to new sources of energy demand, enabling access to reliable power with a low carbon footprint.

The projects will support the recently announced EWEC and Masdar world-first project that will enable renewable energy to be dispatched 24 hours a day seven days a week, reaffirming the UAE’s position as a global pioneer in renewable energy deployment and low-carbon infrastructure. Delivering up to 1GW of baseload power every day generated from renewable energy, it will be the largest combined solar and battery energy storage system (BESS) in the world.

The collaboration between EWEC, TAQA, and Masdar, will drive investment of around AED36 billion in energy supply infrastructure in Abu Dhabi with around 75 percent of that to be invested in renewable and conventional power generation. The remaining 25 percent will be invested in grid infrastructure, which will be added to the regulated asset base and will receive the regulated return.

Jasim Thabet, Group CEO and Managing Director of TAQA and Vice Chairman of Masdar, said, “Providing reliable low-carbon power plays an important role in enabling the global energy transition. Through our expertise in power generation and transmission, and as the largest shareholder in Masdar, TAQA plays a central role in advancing clean energy solutions in the UAE, and we remain committed to ensuring reliable, low-carbon power at all times. As a champion of low-carbon power and water, we are proud to be a part of these world-class projects alongside our partner EWEC.”

Ahmed Ali Alshamsi, Chief Executive Officer of EWEC, said, “EWEC is pleased to partner with TAQA on transformative initiatives that will not only power the UAE’s AI ambitions but also accelerate the nation’s energy transition. By creating a future-ready energy framework that integrates next-generation renewable energy technologies and advanced transmission solutions, this collaboration is setting a new global benchmark for sustainable energy systems that balances sustainability with operational excellence. As the UAE transitions into an AI-powered future, we are creating the foundation for a future where advanced technologies can flourish, while meeting the country’s forward-thinking environmental and economic goals.”

ADQ and Energy Capital Markets invest $25.6 billion in energy projects in USA

This comes weeks after Abu Dhabi’s sovereign wealth fund ADQ joined forces with U.S. private equity firm Energy Capital Partners (ECP) to invest over $25 B in energy projects aimed at powering data centers, primarily in the United States. The investment, structured as a 50-50 partnership, will support the development of 25 GW of new power generation and energy infrastructure. The collaboration is designed to meet the rising energy demands of data centers, hyperscale cloud providers, and other high-consumption industries.

Lebanon wont get USAID if its not on the blockchain

Lebanon wont get USAID if its not on the blockchain

As the United States President Donald Trump overhauls USAID with a new name as well as a proposed integration with Blockchain, Lebanon whose USAID funds were semi frozen might need to integrate Blockchain into its digitization strategy if it wants to be able to get USAID in the future.

President Donald Trump in a recent speech at the Digital Asset Summit in New York, plans to restructure USAID and rebrand it as U.S. International Humanitarian Assistant placing it under the Secretary of State’s authority.

This is in line with Elon Musk’s call to put the U.S. Treasury department on the blockchain as well, considering it would create efficiency and help to decrease costs in government. His view is that the transparency and immutability of the blockchain technology, which ensures all transactions are visible for everyone to see for the rest of time, would eradicate alleged fraud.

Blockchain to be incorporated into USAID


As per a memo circulating among State Department staff, Trump wants to integrate blockchain technology into USAID’s procurement system to enhance security, transparency, and traceability in aid distributions.


It would leverage a blockchain to trace aid distributions and enforce payment models based on outcomes rather than inputs. “All distributions would also be secured and traced via blockchain technology to radically increase security, transparency, and traceability,” the memo reportedly reads, adding that such an approach would encourage innovation and efficiency.


The President also reportedly wants cryptocurrency and blockchain technology to feature heavily in its operations. USAID has been under scrutiny from the Trump administration since the establishment of the Department of Government Efficiency (DOGE), led by Elon Musk.

Lebanese USAID grants semi frozen

The U.S. president froze USAID payments in a January 20th under an executive order. The freezing also effected Lebanon which in 2024 alone received a total of $219 million in assistance from USAID of those $17 million came from the U.S. State Department with military aid accounting for 4% of the total funding and with remaining funds primarily supported humanitarian relief ($91 million) and education ($71 million).


The news of the freeze has had a negative effect on NGOs and their employees in Lebanon even though it was temporarily lifted in February 2025.


There are two major issues that will challenge Lebanon’s ability to received USAID, the first is level of historic corruption in Lebanese government and even claims of corruption within the NGO community, as well as lack of transparency, while the second is the lack of a digital infrastructure that can integrate Blockchain, AI, and other technologies such as digital payments into the web of aid or investment funds to the country.
If USAID will utilize blockchain and crypto, it will need to add the entities that funds are provided with to the blockchain as nodes to be able to track where money has been spent and if it has been spent correctly leading to results.

New Lebanese Cabinet under Salam discusses digital transformation

The new Lebanese Cabinet, under Prime Minister Nawaf Salam is discussing digital transformation in the public sector, after enacting the first Ministry of AI in Lebanese government.
As per news reports, a committee will be formed to oversee coordination between Lebanese Ministries, even though the digitization theme has been in discussion for years. Several previous sessions addressed this issue, dating back to the government’s adoption of the Lebanon Digital Transformation Strategy 2020-2030.


Lebanon’s Prime Minister Nawaf Salam emphasized the government’s commitment to establishing a neutral, transparent, and efficient state administration as a cornerstone of governance. He stressed that “there is no state without an administration,” as it serves as the backbone of governance and a key tool for serving citizens.
He announced that the government formed a ministerial committee to study and modernize the public sector, along with another committee to examine digital transformation in public administration.


Lebanon still has one of the most outdated governmental services sector, where almost everything needs paperwork and in person visits.


Despite this, some ministries have taken independent steps to integrate technology into their services. In 2021, the Ministry of Labor launched an online platform for work permit applications for foreign nationals. The Interior Ministry introduced an electronic criminal record service, allowing citizens to request and receive documents through OMT centers across Lebanon. The Ministry of Justice has also advanced its digital services, enabling lawyers and citizens to create online accounts on the official judicial services platform for easier access to information and remote application submissions. Most recently, the Ministry of Economy introduced an online licensing system for market and exhibition organizers in Lebanon.


Yet all these are remnants of what other governments in the region and globally were doing in the early 2000s. Previous discussions on a CBDC launch and regulation of crypto have never seen the light.

Lebanese Ministry of Health dabbles with Blockchain


The only Ministry that has dabbled with Blockchain has been the Lebanese Ministry of Health which launched MediTrack back in December 2021. The first phase was used to track medicine for Cancer and chronic illness patients whose treatment is costly. Twenty hospitals from across Lebanon attended the training at Rafic Harriri International Hospital.

Minister Abyad in a statement at the time,” The MediTrack Solution will first be utilized for medicine related to high cost treatments such as cancer and other chronic diseases. It is essential in tracing the movement of medicine and will decrease the effects of the financial crisis that Lebanon is going through because it will stop the smuggling of medicine across the border as well as stop the storage and monopolization of these medicines ensuring it gets to the patient and only the patient.”


The Minister noted that this was carried with support of World Health Organization and European Union. In September of 2021, The Lebanese Ministry of Public Health signed a five year agreement with rfxcel, part of Antares Vision Group a solution provider in digital supply chain traceability solutions, to provide a Blockchain enabled GS1-compliant traceability hub to protect the entire pharmaceutical supply chain in the country. The Blockchain enabled solution will be implemented by rfxcel’s partner Medical Value Chain (MVC), the Bahrain subsidiary of US-based AVC Global. MVC

The Future of Lebanon will depend on Blockchain, AI, and datacenters


Future of Lebanon depends on receiving investments from around the globe and the region, and for this to happen, the Lebanese government has to show not only an appetite for reforms, but also a platform that brings transparency and trust. Once again Blockchain, AI, datacenters, become the only relevant solution to bureaucracy corruption and favoritism.


Smart contracts, public access to information on the blockchain, digital asset payments either in CBDCs or stablecoins will eliminate the waste, bureaucracy and corruption that has crippled the Lebanese state for decades, as well as restore trust and confidence in the political and governmental operation of the country.

Anything less than that will not be accepted as the United States and countries in the GCC and Arab world embrace blockchain, AI, digital assets, and the future.

Doha Bank launches Fintech Innovation Hub

Doha Bank launches Fintech Innovation Hub

Qatar based Doha Bank proudly has launched it Fintech and Innovation Hub, as an initiative to advance Qatar’s financial services ecosystem and the Qatar Central Bank (QCB) aspirations for fintech excellence. The Fintech Hub will foster innovative fintech solutions using AI and digital payment solutions within a regulated framework.

Doha Bank Group Chief Executive Officer Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, noted that the hub serves as a dynamic platform to nurture emerging technologies, support fintech entrepreneurs, and collaborate with stakeholders across the financial and regulatory landscape.

Sheikh Abdulrahman bin Fahad bin Faisal Al Thani remarked: “The Doha Bank Fintech and Innovation Hub embodies our commitment to Qatar National Vision 2030, serving as a catalyst for transforming financial services and fostering economic diversification. Our goal is to position Doha Bank as a leader in fintech innovation by creating a vibrant ecosystem where ideas flourish, regulatory frameworks advance, and global partnerships thrive. We invite all stakeholders to join us in shaping a future of growth, collaboration, and excellence.”

By embracing advanced technologies like artificial intelligence and digital payments, the hub accelerates digital transformation, enhancing customer experiences and operational efficiency. Furthermore, the hub provides mentorship, funding opportunities, and resources for start-ups to scale their operations.

Baiju Samuel, Chief Strategy and Transformation Officer of Doha Bank commented, “As part of the Fintech and Innovation hub, our ambition is to actively partner with and co-create solutions alongside fintech innovators who offer bespoke solutions tailored to address evolving banking product needs. We aim to deliver next-generation financial solutions that are seamless, secure, and customer-centric, positioning Doha Bank as a leader in digital transformation and innovation.”

MGX investment in Binance using 2% of its 100 billion fund is AI focused

MGX investment in Binance using 2% of its 100 billion fund is AI focused

As most have hailed the UAE MGX $2 billion investment into Binance as a strategic win for the crypto exchange, the biggest investment to date in a crypto exchange. The real story is what this means for AI (Artificial Intelligence) and leading-edge technology investments and strategy within the UAE.

MGX, chaired by Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security advisor and a brother of UAE President Sheikh Mohammed bin Zayed, backed not only by Abu Dhabi sovereign wealth fund Mubadala but also G42 invested 2 percent of its 100 billion investment vehicle into the world leading crypto exchange Binance.

MGX the brain child of AI and Advanced Technology Council

MGX was created in 2024 by The Artificial Intelligence and Advanced Technology Council as a Technology Investment Vehicle with Mubadala and G42 as Founding Partners. His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates announced creation of MGX in January 2024. He hailed it as a technology investment company to enable the advancement and deployment of leading-edge technologies intended to improve the lives of current and future generations.

The aim of the company was to accelerate the development and adoption of AI and advanced technologies through world leading partnerships both in the UAE and globally. MGX focuses on three main areas, AI infrastructure including data centers and connectivity, semiconductors and AI core technologies and applications.

His Highness Sheikh Tahnoun bin Zayed Al Nahyan, deputy ruler of Abu Dhabi and Chair of the AIATC, said at the launch “In MGX, we are establishing a UAE national champion focused on AI and advanced technologies that will shape a future where technology enables a more prosperous, sustainable and interconnected world.

A year later and after investments into OpenAI and Elon Musk’s xAI, DataBricks, Khazna Data, Anthropic and $7 billion in the Stargate Project, as well as partnerships with BlackRock and Microsoft to build data centers and expand energy capacity for AI’s growing demand, it now has invested in Binance.

MGX has now invested $2 billion into Binance

Now, after several huge investments into AI and datacenter projects, MGX has invested 2% or 2 billion of its 100 billion investment vehicle into Binance. Binance explained to Lara on the Block, ” This investment signifies a growing convergence of AI, blockchain, and cryptocurrency technologies. MGX, as an AI-focused investor, is leveraging Binance’s leadership in the crypto space to explore innovative solutions at the intersection of these fields.”

According to Binance the partnership could accelerate the development of AI-powered blockchain applications, decentralized finance (DeFi), and tokenized economies, further integrating these technologies into mainstream finance.

This is further exemplified in a recently commissioned report by Mubadala Investment Company and Abu Dhabi’s AI and advanced technology investor MGX. The whitepaper, titled Alpha Intelligence explored how investment funds are leveraging AI to drive alpha, improve operational efficiency, and redefine portfolio value creation.

Based on a 2024 Bain & Company survey of private equity firms representing over $3.2 trillion in assets under management, the report states that 93% of respondents anticipate moderate to substantial benefits from incorporating AI into their processes within three years, although just 2 % are expecting substantial returns this year.

Current AI usage in the industry remains in the augmentation phase and focused on enhancing existing processes rather than replacing them. However, the pace of AI adoption is accelerating, by deploying AI to automate deal-making, optimize portfolio management, and enhance decision-making processes.

Ahmed Yahia, Managing Director and CEO of MGX said noting the report, “More than any other technology in human history, AI will be pervasive across all aspects of our lives. It will enable greater and faster learning, innovation, technology breakthroughs, cheaper and faster production systems, unparalleled delivery of services. It will enable unprecedented prosperity. As an AI native investment company, we are leveraging AI in everything we do. Fusion with AI starts in MGX.”

Within three-to-five years, funds expect AI to unlock transformative capabilities, including real-time portfolio adjustments and unprecedented efficiencies in sourcing, diligence, and exit strategies.

Binance also adds in its comments to Lara on the Block, that the UAE has positioned itself as a global hub for innovation, particularly in crypto and blockchain. This investment aligns with the UAE’s strategy to foster technological advancement and regulatory clarity in digital assets. They add, “Binance, will likely play a pivotal role in driving adoption, innovation, and regulatory compliance in the region. The partnership reinforces the UAE’s ambition to lead in blockchain and AI driven financial ecosystems.”

Binance’s views on AI in crypto trading in 2025

Concurrently with the $2 billion investment from MGX, Binance published on its blog its views on how AI is revolutionizing multiple industries including crypto trading.

As the blog notes, in 2025, AI-driven trading bots, predictive analytics, and machine learning algorithms are reshaping the way traders analyze data, predict market trends, and execute trades. The blog looks into how AI is being used in crypto trading with AI powered trading Bots, and AI powered crypto projects to watch in 2025.

For example AI-based automated trading bots use machine learning to execute high-frequency trades with precision and speed. Platforms like 3Commas, Pionex, and Cryptohopper have gained popularity for their AI-driven trading algorithms that analyze market conditions in real time.

Additionally, AI can process massive amounts of historical price data to predict potential market movements. Sentiment analysis tools powered by AI also scan social media, news, and trading activity to determine market sentiment before price swings occur. An example: AI models analyzing Twitter & Reddit discussions to detect early crypto trends as well as how AI is being used to enhance risk management by identifying potential liquidation risks, stop-loss recommendations, and portfolio diversification strategies. AI-driven risk assessment helps traders minimize losses and maximize gains.

Binance also names what it calls the top Top AI-Powered Crypto Projects in 2025 such as Fetch.ai ($FET ) – Decentralized AI for automation, SingularityNET (AGIX) – AI marketplace for smart contracts, Ocean Protocol (OCEAN) – AI-driven data sharing network and Numerai ($NMR ) – AI-powered hedge fund model.

As for the future Binance believes that AI-powered trading is expected to grow even more in 2025, with advancements in AI-powered smart contracts for automated transactions, more sophisticated trading bots with deep learning capabilities and AI-enhanced decentralized exchanges (DEXs) for optimized liquidity.

So it would seem that MGX has invested in Binance at a time when AI is seen to be revolutionizing the future of crypto trading, and AI Crypto projects powering data sharing and hedge fund models.

Binance has already made investments in AI projects. Binance Labs, the venture capital and incubation arm of Binance, has already for invested in Sahara AI, a decentralized AI blockchain platform built for open and equitable AI. Sahara AI is building a collaborative AI economy that prioritizes the sovereignty and provenance of AI, ensuring security, equity, and accessibility for all.

It has also invested in MyShell a decentralized AI ecosystem designed to democratize the creation and distribution of AI applications.

Binance Headquarters in UAE? not yet…

Yet despite this huge investment, Binance has still not announced where it will put its headquarters. Binance tells Lara on the Block, ” We will not be disclosing any matters related to our HQ efforts. What we can say is that we have been engaged in a very thorough and comprehensive process as it relates to selecting the location of our headquarters, which has enormous implications with respect to how the company will operate going forward. We are focused on remaining disciplined and thoughtful as we explore our options.”

Crypto.com partners with UAE AI tech company

Crypto.com partners with UAE AI tech company

Crypto.com a global crypto exchange regulated in the UAE has partnered with an AI Blockchain tech firm in UAE called Tawasal Al Khaleej. Tawasal has developed a mobile messaging application that is currently being utilized by UAE governmental entities and other industries within the UAE.

As per the announcement Tawasal AlKhaleej will use crypto.com as their exclusive crypto partner of choice.

The integration has two stages, the first iteration of this deal will see Crypto.com’s platform referred by Tawasal Alkhaleej to its local and Middle East partners and collaborators strengthening Crypto.com’s position in the region.

There are also plans to integrate the crypto exchange platform into UAE’s leading Tawasal Superapp messanger offering access to Crypto.com’s products and services and the ability to trade crypto to nearly 4 million users.

“Our partnership with Tawasal opens up a world of possibilities for Crypto.com to integrate our industry-leading products and services into their impressive tech projects,” said Eric Anziani, President and COO of Crypto.com. “This partnership is an outstanding example of how the UAE tech ecosystem is thriving, and where the integration of digital assets products can benefit companies and consumers alike, giving simplified access to cryptocurrency which not only encourages adoption but also progresses the development of our industry.”

“Partnering with Crypto.com is about expansion, driving growth, and making the Crypto services even more attractive for UAE consumers” said Khamis AlShamsi, Chairman of Tawasal Alkhaleej.

Eric Leandri, CEO of Tawasal stated: “We’re eager to join forces with Crypto.com and seamlessly integrate their innovative products and services into our cutting-edge tech projects. By combining their services and digital assets with our blockchain technologies we’re reaffirming our commitment to delivering, safe, interactive, and easy to use digital experiences to our customers. In return, Tawasal SuperApp, is poised to provide Crypto.com with unparalleled visibility and expose their financial products to the local market, further expanding their reach and presence.”

This announcement comes less than a day after UAE MGX, also an investor in AI announced its $2 billion investment in Binance.