Jordan Launches National Blockchain Network MODEE DLT to Enhance E-Government Services
The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network, MODEE DLT, in partnership with Jordanian blockchain company Blockexe. This initiative aims to enhance trust and transparency in government services. MODEE DLT, a cornerstone of Jordan’s digital transformation, has been integrated with the “Sanad” system to provide a decentralized […]
UAE Retail Investors Pivot to AI, Shifting Away from Big Tech
Retail investors in the UAE are increasingly rallying behind artificial intelligence (AI) stocks, while interest in Big Tech and pharmaceutical stocks wanes, according to the latest quarterly data from trading and investing platform eToro. The data reveals significant changes in the proportion of holders of various stocks on eToro’s platform. NVIDIA, a leader in the […]
XRP Healthcare LLC Registers Trademark in UAE, Strengthening Global Presence
XRP Healthcare, the blockchain XRPL-based healthcare platform, officially announced the registration of its trademark in the United Arab Emirates (UAE), on July 12. This achievement follows the company’s strategic incorporation in the crypto-friendly Gulf state last year, highlighting its commitment to global expansion and brand protection. In addition to the UAE, XRP Healthcare has also […]
Dubai Customs Launches Innovative Blockchain Platform to Transform Trade Operations
Dubai Customs has introduced a revolutionary blockchain platform designed to enhance the efficiency and transparency of trade operations within Dubai and internationally. This digital network is a major advancement in Dubai’s digital transformation strategy, aiming to improve collaboration between government bodies and the logistics sector. The Government of Dubai Media Office highlights that this initiative […]
GCEX Dubai Appoints Saeed Al Darmaki as Non-Executive Director
GC Exchange FZE (GCEX), part of the GCEX Group, has named Saeed Al Darmaki as Non-Executive Director for the UAE region. Saeed Al Darmaki brings extensive connections and experience in the digital asset industry. He will focus on driving growth for GCEX, which holds an Operational Virtual Asset Service Provider (VASP) license from Dubai’s Virtual […]
CoinDCX Acquires BitOasis: Expanding Influence in MENA’s Crypto Market
CoinDCX, India’s largest crypto exchange, has announced the acquisition of BitOasis. This strategic move follows CoinDCX’s initial investment in BitOasis in August 2023, where CoinDCX initially acquired an 85% ownership stake. Subsequently, CoinDCX has now completed the acquisition, securing full ownership of BitOasis. This groundbreaking alliance marks a transformative milestone for the MENA region. With […]
UAE Real Estate Leader MAG Joins Forces with MANTRA to Tokenize $500 Million in Property Assets
MANTRA has announced on their medium page a strategic partnership with MAG, a prominent UAE developer with a real estate portfolio valued at over US$5 billion. This collaboration aims to transform real estate investment by leveraging blockchain technology, democratizing access to premium Dubai properties. Advancing Real Estate Investment through Blockchain Tokenization This strategic alliance signifies […]
Digital Resilience in Finance: Addressing New Challenges with DORA
The financial sector’s growing reliance on information and communications technology (ICT) exacerbated by the COVID-19 crisis, has underscored the critical need for enhanced digital resilience. This dependency has heightened technological and cyber risks exponentially, a concern addressed by the Digital Operational Resilience Act (DORA), an EU regulation effective from 16 January 2023 and enforceable starting […]
Alex Chehade Leaves Binance FZE in Dubai
The general manager of Binance FZE in Dubai, Alex Chehade, is set to leave the company after a two-year tenure, as per a report by Imogen Lillywhite ,Zawya. Chehade, who joined the virtual assets exchange in June 2022, played a pivotal role in securing Binance’s Dubai Virtual Assets Regulatory Authority (VARA) license in April. He […]
Hashed Ventures Expands to Abu Dhabi’s Growing Crypto Hub
Hashed Ventures, a digital-asset company from Seoul, South Korea, is expanding its operations to Abu Dhabi, aiming to bring more Korean companies into the local crypto ecosystem. Partnership with Hub71 The crypto investment firm has partnered with Hub71, Abu Dhabi’s global tech ecosystem. Hashed Ventures plans to introduce more Korean startups to the UAE, focusing […]