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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

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 […]

Business Finance GCC NEWS DESK UAE

Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026

News Editor 19/08/2022 0

Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 : Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 According to a new report by management consultancy firm Boston Consulting Group (BCG), UAE’s financial wealth is expected to reach $1 trillion in 2026. The report shows that […]

Finance GCC NEWS DESK Tech UAE

UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund

News Editor 14/08/2022 0

UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund : UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund The UAE has announced its plans to launch a comprehensive space program. The program includes plans to land on an asteroid, explore Venus, and probe the Martian orbit. These plans […]

Business GCC NEWS DESK UAE

UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million

News Editor 12/08/2022 0

UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million : UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million The UAE’s Ministry of Economy recently released a policy containing best practices for sourcing gold in the UAE. The policy also enforces stricter penalties […]

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Visa and Dubai Health Authority (DHA) Sign Pact to Facilitate Emirate’s Tourism Industry

News Editor 11/08/2022 0

Visa and Dubai Health Authority (DHA) Sign Pact to Facilitate Emirate’s Tourism Industry : As part of the DHA’s broader plans to boost health tourism in Dubai, the Authority has signed a new Memorandum of Understanding with Visa.  According to the DHA, the collaboration with the global payments company aims to promote Dubai as a […]