HAYVN Rebirth: Richard Crook’s Confidence in Pioneering a Promising Future

In a recent exclusive interview With Unlock Blockchain, Richard Crook, the newly appointed CEO of HAYVN, provided insights into the company’s future trajectory and Vision for future success while addressing pivotal challenges, heralding a transformative phase for the firm. From the outset, Crook conveyed his gratitude for assuming the helm at HAYVN, underscoring his unwavering […]

Partnership between RAK DAO and Tencent Cloud to Empower Crypto Startups in UAE

Tencent Cloud, a division of the Chinese conglomerate Tencent offering cloud services, has entered into a memorandum of understanding (MoU) with the United Arab Emirates’ specialized free economic zone focusing on cryptocurrencies. The aim is to support the growth of startups through various initiatives. Announced on March 7 by Ras Al Khaimah Digital Asset Oasis […]

Saqr Ereiqat Takes International Helm as CEO of TDMM and Partner at TradeDog Group

Saqr Ereiqat, a prominent figure in the Middle East blockchain sector and co-founder of Crypto Oasis Ventures, has recently taken on the role of Chief Executive Officer at TDMM and joined TradeDog Group (TDG) as a partner, signifying a strategic shift towards a more internationally focused position. Ereiqat brings a wealth of experience, expertise, and […]

LEAP 2024 Investments Record Impressive $11.9 Billion for Tech and Cloud Computing

LEAP 2024, renowned as the world’s premier global technology conference, made a groundbreaking announcement today, revealing a colossal $11.9 billion injection into deep and emerging technologies, innovation, and cloud computing both in Saudi Arabia and on a global scale. This substantial investment further solidifies the Kingdom’s status as the largest market and digital economy in […]

UAE Successfully Completes FATF Action Plan, Exiting Enhanced Monitoring

The Central Bank of the UAE (CBUAE) has recently announced the culmination of the UAE’s fulfillment of the Financial Action Task Force’s (FATF) prescribed Action Plan, marking the nation’s exit from the enhanced monitoring process. This achievement highlights the collaborative endeavors of national entities to combat money laundering and terrorism financing, alongside extensive cooperation with […]

Abu Dhabi’s 67% Surge in AI Companies: A Magnet for Startups, Investors, and Talent

The registration of artificial intelligence (AI) companies in Abu Dhabi has soared by 67 percent between 2021 and 2023, according to a recent study by the Business & Economics Intelligence Sector at the Abu Dhabi Chamber of Commerce and Industry (ADCCI). This remarkable growth cements Abu Dhabi’s position as a frontrunner in the global AI […]

The GCC to Unlock the Metaverse With $15 Billion Virtual Venture by 2030

Is the metaverse hype fading, or is it an ongoing project yet to reach its peak? There’s no denying the significant global investment pouring into the metaverse, as indicated in a report by Strategy& Middle East, a part of the PwC network. In fact, the total value of the metaverse is expected to approach $800 […]

Saudi Arabia Launches World’s First National Cultural Metaverse Platform

The Saudi Ministry of Culture announced the groundbreaking launch of the world’s first national initiative in the Metaverse, supported by the Generative Media Intelligence (GMI) artificial intelligence system. This initiative is a collaboration with droppGroup, introducing the world’s first ‘Phygital‘ Metaverse utilizing Hyperledger Fabric 2.5 blockchain technology, manifested through the Saudi Heritage Metaverse platform. The […]

Muqassa and Blockchain-Enabled Instimatch to Introduce Repo Trading Platform to Saudi Market

Muqassa, a Saudi-based subsidiary of the Tadawul Group specializing in trade settlement, has entered into a Memorandum of Understanding (MoU) with Instimatch, a Swiss cash management platform utilizing blockchain technology. The aim is to introduce a repo trading platform to enhance the financial framework of the Saudi Capital Market. This repo trading platform, facilitated by […]