UAE Gifting service sells first NFT
UAE gifting service Joi Gifts has sold its first non-fungible token NFT ( None Fungible Token) as part of its Valentine’s day offering. Joi said the NFT-gifting service was the first service of its kind in the Middle East, and all of the digital assets listed so far on its website are Valentine’s Day themed. […]
UAE Cypher Capital building Single Biggest crypto mining farm in the Globe
UAE Cypher Capital previously known as Phoenix Capital has embarked on a 2 billion USD crypto mining farm in the UAE, which will be the biggest site in the globe. Bijan Ali Zadeh Fard, Partner at Cypher Capital told AIBC Summit Irena Heaver, “We started in the crypto mining scene in UAE since 2015 and […]
UAE DAMAC GM Survey finds real estate sector to adopt NFTs
UAE DAMAC recent twitter poll with over 4000 responses found that 30% of respondents believe the property real estate sector will most likely capitalize on NFTs. Real estate is most likely to be the first sector to widely adopt non-fungible tokens (NFTs) for real-world applications. The online survey was conducted by Ali Sajwani, General Manager […]
UAE KARM Legal signs agreement for crypto compliance services in MENA
KARM Legal Consultant PVT Limited, a UAE legal consultancy firm specialized in Corporate Blockchain, Fintech and Data Protection/Cyber laws, signed a long term collaboration agreement with Swiss based ScaleCompliance GmbH offering the most advanced crypto compliance services for clients in UAE, GCC, and MENA region. “We believe in cultivating a divergent company culture and this […]
Saudi Neom Tech signs agreement with MBC for gaming studio
Saudi NEOM Tech and Digital company, the NEOM Smart City subsidiary, which is investing in Blockchain, NFT, crypto, Digital assets, and MBC GROUP signed a joint venture (JV) agreement to establish the first AAA games development studio in the region. Currently being incubated with developers from all over the world, the studio will relocate to […]
UAE Based CFI Financial Group launches 250 crypto products on MetaTrader5
UAE based CFI Financial Group, a globally regulated trading provider enabling next-generation access to the global financial markets, has launched 250+ revolutionary crypto products on MetaTrader 5. The CFI Financial Group has more than 23 years of experience and operating through different entities around the world including UK, Cyprus, Lebanon, Jordan , UAE, , and others. The cryptos […]
Bahrain BENEFIT Blockchain EKYC Platform sees 180 percent usage increase
Bahrain BENEFIT, an electronic financial payments and fintech firm which has been utilizing the latest technologies to enhance its offering has seen an increase of 180 percent in its Blockchain EKYC platform verifications. According to a recent article by GCC Business News Bahraiin BENEFIT saw a huge increase in online payments in 2021 exceeding 53.05 […]
Aqarchain launches NFT marketplace
Aqarchain, with a presence in the UAE, is a blockchain powered real estate asset tokenization platform, which aims to create a decentralized ecosystem where investment in real estate is as easy as investing in shares on the stock market, has now launched a NFT marketplace. Aqarchain mints real estate NFT and fractionalizes it. Aqarchain has […]
UAE Abu Dhabi Customs Authority joins Blockchain Tradelens
UAE Abu Dhabi Customs joins Blockchain Trade platform Tradelens. Abu Dhabi Customs Authority discussed how TradeLens and digitized transportation documentation has the ability to streamline processes in customs declaration processes. Yanal Qasim Mohammad Alkhasoneh, Division Director – Information Technology, Abu Dhabi Customs Authority, stated “Abu Dhabi Customs is excited to work with a group of importers and exporters […]
UAE Attarius funds Exverse gaming Metaverse
UAE Attarius Network ,blockchain and gaming developer, will be funding Exverse gaming Metaverse, who’s developing the outstanding game in the genre of Battle Royale in Metaverse. According to the medium post, the funding will be given in form of a grant, the planned amount will be 15.000 NEAR tokens. The grant will be given from the […]