Blockchain & Cryptocurrency

The “2023 Exploring WEB3.0 Summit – Vietnam Station,” Hosted by SureX, Concludes with Resounding Success

Middle East News 247 03/08/2023

The “2023 Exploring WEB3.0 Summit – Vietnam Station,” hosted by SureX at the CHAMPA ISLAND NHA TRANG–RESORT HOTEL & SPA in Vietnam, has drawn to a triumphant and resplendent conclusion. The summit, focused on cutting-edge technological concepts such as Web3.0 and DAO,

Blockchain & Cryptocurrency GCC UAE

UAE-based Islamic Coin Gains Over 1.3M Users, Paves the Way for Halal Crypto Investments

News Desk 2 12/06/2023

The world of crypto is rife with risky investments. Many new coins and services ask for financial contributions with little guarantee of return, and stories of crypto investors losing large sums make headlines frequently. There is a problem of ethics and reliability in the crypto world that has proven difficult to resolve. The Haqq network, […]

Blockchain & Cryptocurrency

Metal Commodities As an Investment in 2023

News Desk 2 27/03/2023

Golden Brokers identified gold, copper and lithium among the most attractive metal commodities in 2023. January marked gold a champion of a month for the bullion, as the dwindling US dollar significantly contributed to gold’s 6.1% rise in the month. In March, gold prices have surged after the infamous collapse of startup-lender Silicon Valley Bank […]

Blockchain & Cryptocurrency

FOREX.com Markets’ Forecasts for 2023

News Desk 2 25/01/2023

What Kind of Opportunities in a World in Crisis? 2022 was turbulent to say the least, causing many unexpected turns of events in global financial markets, and leaving traders and investors perplexed. Will Cryptoasset value rise again? Is Gold still a safe haven? How about currencies; will the USD retain its hegemony despite an inevitable […]

Blockchain & Cryptocurrency Business Events GCC Gitex Saudi Arabia Tech

Misk Accelerator Program Boosts 19 Saudi Startups To New Heights

News Editor 16/12/2022 0

The Mohammed bin Salman Foundation and innovation experts Plug and Play have collaborated for the Misk Accelerator Program, from which 19 entrepreneurs are moving forward with their initiatives. These recent alums are part of Cohort 3 of the program, which gives young startups in the MENA area access to a yearlong instruction curriculum. The program […]

Finance Blockchain & Cryptocurrency GCC Saudi Arabia

Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors

News Editor 10/11/2022 0

Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors: The Kingdom of Saudi Arabia has made another significant move to up its economic game by introducing the Supply Chain Initiative. This move aims to place the country on a new level of financial and commercial development, reinforcing its place as one of […]

Blockchain & Cryptocurrency Business GCC NEWS DESK Tech UAE

The Middle East is Set to Redefine Cryptocurrency Milestones with Bitcoin ETP Listing on NASDAQ Dubai

News Editor 24/10/2022 0

A physical Bitcoin (BTC) ETP is set for debut in Dubai. This unprecedented move aims to attract investors and further boost the Middle East’s keenness and receptiveness of cryptocurrency and other related products. What are the Details of the Listing? Cryptocurrencies are traditionally known for their digitalized and intangible nature, hence their widespread appeal.

Blockchain & Cryptocurrency Business NEWS DESK

How Blockchain Can Solve the Problems in the International Remittance Industry

News Editor 17/10/2022 0

Remittance is the sending of money by a migrant to his home country via electronic transfer, cheques, or drafts. In 2019, about 800 million people in the world received remittances. However, even though many people are recipients of international remittances, the industry is still fraught with issues that do not make international remittances as beneficial as […]

Blockchain & Cryptocurrency Finance GCC NEWS DESK Qatar Tech

Qatar Establishes Public Consultations for National Blockchain Blueprint

News Editor 11/09/2022 0

Qatar Establishes Public Consultations for National Blockchain Blueprint : Qatar Establishes Public Consultations for National Blockchain Blueprint Like other countries across the globe, Qatar is making moves to strengthen its blockchain adoption. Last week, the Qatar Communications Regulatory Authority (CRA) launched a consultation to get public opinions and contributions

Blockchain & Cryptocurrency Business Finance GCC NEWS DESK Tech UAE

Commercial Bank International Launches the First Ever Metaverse Bank in the UAE

News Editor 05/09/2022 0

Commercial Bank International Launches the First Ever Metaverse Bank in the UAE : Commercial Bank International Launches the First Ever Metaverse Bank in the UAE Top-tier corporate and retail bank Commercial Bank International (CBI) recently announced its prospects to become the first ever Metaverse Bank in the UAE. CBI’s launch comes after the UAE pledges […]

Blockchain & Cryptocurrency Education Events GCC NEWS DESK UAE

Dubai Recruitment Firm Introduces Program to Hire Employees in the Metaverse

News Editor 28/08/2022 0

Dubai Recruitment Firm Introduces Program to Hire Employees in the Metaverse : The top recruitment agency, Marc Ellis, is well on becoming the first recruitment firm to introduce a recruitment and training program that directly hires employees into the Metaverse. The decision by the firm is according to the recommended Metaverse Strategy pioneered by Hamdan […]

Blockchain & Cryptocurrency Business Design Education Events Fitness GCC Lifestyle NEWS DESK Tech UAE

Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs

News Editor 23/08/2022 0

Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs Dubai has released a metaverse policy document that contains strategies to establish the Emirate as a globally recognised hub of the metaverse and other emerging technologies. The release was announced in a tweet by Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. Among other

Blockchain & Cryptocurrency Business GCC NEWS DESK UAE

Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai

News Editor 21/08/2022 0

Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai : FTX, a Bahamas cryptocurrency company, has acquired a full crypto license in Dubai. This license issuance is coming after Dubai launched extensive plans to improve its blockchain industry and become a preferred destination for cryptocurrency companies. The Backstory As far back as […]

Blockchain & Cryptocurrency Business Finance GCC NEWS DESK Saudi Arabia

How Blockchain Can Transform Saudi Arabia’s Economy

News Editor 20/08/2022 0

How Blockchain Can Transform Saudi Arabia’s Economy : How Blockchain Can Transform Saudi Arabia’s Economy Blockchain technology is certainly one of the many remarkable innovations of the past few decades. Since its advent, blockchain has greatly impacted several sectors, from finance to art. There is, however, so much more that one can do with technology. […]

Blockchain & Cryptocurrency GCC Tech UAE

UAE Set to Launch First-ever Metaverse Hospital

News Editor 09/08/2022 0

UAE Set to Launch First-ever Metaverse Hospital : UAE Set to Launch First-ever Metaverse Hospital The United Arab Emirates (UAE) has announced that it will be launching the first hospital in the metaverse. This virtual hospital is set to go live in October. The healthcare provider, Thumbay group, would manage the virtual hospital. Notably, this hospital […]

Blockchain & Cryptocurrency GCC UAE

Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham

News Editor 08/08/2022 0

Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham : Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham Kraken, a leading cryptocurrency exchange, has partnered with Rak Bank to enable crypto trading through Dirhams. Kraken is a global crypto exchange that facilitates the trading of crypto. Kraken was the first […]

Blockchain & Cryptocurrency GCC Saudi Arabia

Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way

News Editor 05/08/2022 0

Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way : Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way The adoption of crypto and other virtual assets is certainly increasing globally. However, this adoption appears to be growing faster […]

Blockchain & Cryptocurrency GCC UAE

Dubai Authorities Finally Grant OKX Crypto Exchange Provisional License 

News Editor 05/08/2022 0

Dubai’s Virtual Assets Regulatory Authority (VARA) has recently granted OKX a provisional virtual assets license. This license allows OKX to extend its operations to Dubai. Notably, OKX is a Seychelles-based cryptocurrency exchange formerly known as OKEx. The company specializes in facilitating crypto spot and derivatives trading. This approval-in-principle allows

Blockchain & Cryptocurrency GCC Gitex Tech UAE

Dubai-based FTFT Capital set to revolutionise digital currency trading and crypto asset management in the Middle East

Arnold Pinto 20/10/2021 0

As the UAE progressively opens up to blockchain technology and cryptocurrencies, global players are increasingly making a beeline to the Gulf state, to set up regional offices and begin trading operations in government-endorsed free zones specially set up for the purpose. One such global entity is New York-based Future Fintech Group (NASDAQ: FTFT), a leading […]