New Survey Finds UAE Emerging as a Global Tech Hub For Asian Talent

A recent survey conducted by Capital.com has revealed that the United Arab Emirates (UAE) is rapidly gaining recognition as a competitive tech hub. The survey polled 1,000 respondents across Singapore, Hong Kong, Vietnam and India, and found that 81% of Asian tech professionals view the UAE as a growing tech hub. A further 76% of […]

Animoca Brands Considers Hong Kong for Potential IPO, Says Chairman Yat Siu

Animoca Brands Corp., a venture investor in crypto and developer of blockchain games, is considering Hong Kong as a “strong contender” for a potential listing, according to Chairman Yat Siu. A report in June said the location would be either Hong Kong or the Middle East. In a Bloomberg Television interview at a conference in Singapore, Siu […]

Mesh Partners With CoinMENA FZE to Optimize Crypto Onboarding in MENA

Mesh, the modern connectivity layer for crypto that makes transfers and account aggregation seamless, announce its strategic partnership with CoinMENA FZE, a leading digital assets trading platform in the Middle East. This collaboration aims to enhance digital asset transfer services by allowing CoinMENA’s trusted platform to be embedded into Mesh’s product suite, setting new standards […]

BHM Capital Suggests Going Long on Phoenix: MENA Crypto Mining Growth Strategy

According to a recent report by BHM Capital, Phoenix Group PLC (PHX) is poised for significant growth with an aggressive expansion strategy. The report places a 12-month target price of AED 2.37 per share, suggesting a 48.3% potential upside. With a solid financial foundation, strategic acquisitions, and a focus on efficient, large-scale mining, Phoenix is […]

Adaverse Invests $500,000 in UmrahCash to Transform Pilgrimage Finance

Adaverse, a leading Web3 and blockchain fund in Saudi Arabia, has announced a $500,000 investment in UmrahCash, a fintech startup revolutionizing financial services for pilgrims traveling to the Kingdom. This strategic investment is aimed at addressing the financial challenges millions of pilgrims face, particularly in obtaining Saudi Riyals (SAR) for their religious journeys. Addressing a […]

Qatar Financial Centre Launches Digital Assets Lab with 24 Selected Innovators Including Polygon

The Qatar Financial Centre (QFC), a leading onshore financial and business hub, has officially launched its QFC Digital Assets Lab. This initiative marks a remarkable step in advancing Qatar’s digital ecosystem, with 24 participants selected through a rigorous screening process to join the lab. The chosen innovators, including notable companies such as ALT Realtech, Bladelabs, […]

Revolut Eyes UAE Expansion with Crypto-Focused Strategy: Is Revolut X Next?

British FinTech giant Revolut is set to expand its footprint into Gulf Cooperation Council (GCC) countries, with specific plans to target the United Arab Emirates (UAE) and Saudi Arabia. As Revolut seeks regulatory approval to operate as an electronic-money institution in the UAE, the question arises: How far will Revolut go in expanding its crypto […]

Hyperfusion Teams Up with The Game Company to Revolutionize Gaming in GCC with AI and GPUs

In an exciting development for gamers across the GCC, Hyperfusion, the region’s largest provider of AI computing power, has partnered with The Game Company, a leader in gaming technology. This strategic alliance aims to elevate gaming experiences by harnessing Hyperfusion’s state-of-the-art GPUs and advanced software, alongside The Game Company’s AI-powered gaming platform. Players can now […]

Industry Leaders to Headline Binance Blockchain Week in Dubai, Speaker Line-Up Announced

Binance, the leading blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, is gearing up for the highly anticipated sixth edition of Binance Blockchain Week. Taking place in Dubai at the Coca-Cola Arena from 30-31 October, the event will bring together some of the leading industry voices in the global crypto world […]