Saudi Arabia Showcases AI and Bioeconomy Initiatives at Science 20 Meeting
The King Abdulaziz City for Science and Technology (KACST) has represented Saudi Arabia at the inaugural meeting of the Science20 (S20) group, an initiative within the G20 focused on utilizing science for global transformation. Hosted in Rio de Janeiro during Brazil’s presidency, the gathering convened science academies from G20 nations and international scientific organizations. Discussions […]
ADGM 2024 Growth Outlook: Over 70% Plan Workforce Expansion, with Digital Assets, Blockchain, and DLT at 16.83%
Standing as a beacon of vision and ambition in shaping the economic landscape of the United Arab Emirates (UAE) and the broader region, Abu Dhabi Global Market (ADGM) has published a comprehensive survey conducted among the ADGM community, which unveils a promising trajectory for the center in 2024, particularly in the realm of digital assets […]
Recognizing Excellence: Unlock Blockchain’s Top 20 Performing CEOs in MENA’s Crypto Space in 2023
In a world driven by innovation and disruption, the blockchain and cryptocurrency industry stand at the forefront of transformative change. Within the MENA region, visionary leaders are propelling this revolution forward, pushing boundaries, and shaping the future of finance and services. Unlock Blockchain seeks to honor and highlight these trailblazers through its unique initiative: the […]
Shorooq Partners Leads $11M Funding Round for MANTRA’s RWA Tokenization Mission
MANTRA, a force in the mission to revolutionize Real World Asset (RWA) tokenization globally, has successfully completed an $11 million funding round, with Shorooq Partners leading the charge. Shorooq Partners, a renowned venture and technology investor in the MENA region, joined forces with other key investors including Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex […]
Streamlining Fiat-to-Crypto Conversions: CoinMENA FZE Joins Forces with Network International
Network International (Network), the foremost facilitator of digital commerce throughout the Middle East and Africa (MEA) region, has announced a strategic partnership with CoinMENA FZE, a virtual asset service provider, to offer users a seamless and secure transition from fiat to crypto through card deposits.The announcement was made during a signing ceremony led by Pankaj […]
Tungsten Secures FSRA License, Set to Enhance UAE’s $23B Digital Assets Custody Sector
UAE-based Tungsten has officially launched after securing a license from the Financial Services Regulatory Authority (FSRA) to operate within the Abu Dhabi Global Market (ADGM). Representing a significant milestone, Tungsten stands out as the first UAE-built and regulated custody platform expressly designed to securely store digital assets for institutional investors. The launch comes amid a […]
Abu Dhabi’s MGX: Leading AI Investments, OpenAI Collaboration Ahead?
Abu Dhabi‘s prominence in the global technological landscape has been reaffirmed with the launch of MGX, a pioneering global technology investment company aimed at spearheading advancements in artificial intelligence (AI). Led by heavyweight partners Mubadala Investment Co. and G42, MGX sets its sights on surpassing $100 billion in assets under management. Ahmed Yahia Al Idrissi, […]
The UAE Shines: Key Insights Illuminate Crypto Landscape with $204M Investor Gains
The year 2023 marked a significant resurgence for global crypto markets, with prices and market sentiment rebounding positively after the tumultuous events of the previous year. According to the latest insights from the Chainalysis report ‘2023 Cryptocurrency Gains by Country’, the global crypto investor community collectively achieved total gains of US$37.6 billion throughout the year. […]
DMCC Attracts 2692 New Companies in 2023, With Significant Momentum for Crypto Companies
Dubai Multi Commodities Centre (DMCC), the world’s leading free zone and the authority under the Dubai Government specializing in commodity trade and projects, released its annual report for the year 2023, marking one of its best years ever with a significant influx of new companies into its business district. In the past year alone, 2,692 […]
Animoca Brands and KACST Announce Strategic Partnership to Drive Web3 Innovation in Saudi Arabia
Animoca Brands has recently announced a significant partnership with King Abdulaziz City for Science and Technology (KACST) aimed at driving innovation in the Web3 and gaming landscape within Saudi Arabia. This strategic Memorandum of Understanding (MOU) underscores Animoca Brands’ commitment to advancing technological growth and fostering innovation in collaboration with key stakeholders like KACST. The […]