China and UAE Central Banks Sign MoU on Digital Currencies
Recent at the third “Belt and Road” International Cooperation Summit Forum in Beijing, the Central Banks of China and the United Arab Emirates (UAE) inked memoranda of understanding (MoU) concerning digital currencies. The People’s Bank of China (PBOC) solidified a digital currency cooperation agreement with the Central Bank of the United Arab Emirates, while the […]
The Sandbox Teams Up with Sandsoft to Expand Presence into Saudi Arabia
The Sandbox, a prominent decentralized gaming virtual world and a subsidiary of Animoca Brands, has unveiled a strategic collaboration with Sandsoft, a mobile-first game developer, publisher, and investor based in Riyadh, Saudi Arabia, powered by AAA talent. This partnership is set to drive The Sandbox’s expansion into the Saudi Arabian and Middle Eastern markets, playing […]
DTCC Acquires Securrency Inc. for Global Financial Market Post-Trade Infrastructure Development
The Depository Trust & Clearing Corporation (DTCC), a prominent market infrastructure entity in the global financial services sector, has announced a significant milestone in its digital evolution. DTCC has signed a definitive agreement to acquire Securrency Inc., a leading developer of institutional-grade digital asset infrastructure. The acquisition, expected to conclude in the coming weeks, positions […]
Sharjah Archaeology Authority launches ‘Sharjah Archaeology in the Metaverse
As part of its participation at GITEX Global 2023 within the Sharjah Government Pavilion, the Sharjah Archaeology Authority unveiled ‘Sharjah Archaeology in the Metaverse,’ a groundbreaking and first-of-its-kind project in the region among cultural heritage institutions. Seeking to foster cultural diversity across global civilisations and in Sharjah through the seamless integration of artificial intelligence, augmented […]
Qatar to Welcome World Summit AI Middle East Edition in 2024
Qatar’s Ministry of Communications and Information Technology (MCIT) is gearing up to host the Middle East and North African iteration of the esteemed World Summit AI conference during the final quarter of 2024. This globally respected event, dedicated to the realm of artificial intelligence (AI), is poised to draw the worldwide AI community to the […]
Revolutionizing Recycling: Roland Berger and The DFINITY Foundation’s Blockchain-Powered VRC Initiative
Roland Berger has entered into a strategic partnership with The DFINITY Foundation, a Swiss non-profit organization known for its significant contributions to the Internet Computer Blockchain and substantial research and development efforts in the blockchain field, which have resulted in over 250 patents. The primary objective of this collaboration is to develop the underlying technology […]
Al Etihad Payments Launches Aani: UAE’s Instant Payment Platform
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the introduction of Aani, an immediate payments platform aimed at revolutionizing the landscape of digital payments in the UAE, on October 16. Aani, a central initiative under the CBUAE’s Financial Infrastructure Transformation (FIT) program, heralds a new phase of […]
Circle Vice President Miriam Kiwan Ignites the Future with Vision for MENA’s Crypto Frontier
In the ever-evolving landscape of cryptocurrencies, one concept has gained significant attention and prominence in recent years: stablecoins. These digital assets offer a unique bridge between the volatile world of cryptocurrencies and the stability of traditional fiat currencies. Designed to maintain a steady value, stablecoins have become integral tools for investors, businesses, and individuals seeking […]
PCFC Unveils Innovative Projects at GITEX Global 2023, Emphasizing Sustainability and AI Leadership
The Ports, Customs, and Free Zone Corporation (PCFC) is unveiling seven innovative projects at GITEX Global 2023, highlighting the theme of “Leadership in Sustainability and Artificial Intelligence.” These endeavors are strategically designed to further elevate the corporation’s ongoing pursuit of excellence and its pioneering role in digital transformation. They also seek to cultivate proactive services […]
Solana Foundation Joins DMCC Crypto Centre as Ecosystem Partner in Dubai
DMCC, a prominent free zone and Dubai’s authority on commodities trade and enterprise, has partnered with the Solana Foundation, dedicated to fostering decentralization, adoption, and security within the Solana network. This collaboration aims to enhance the capabilities of DMCC members, empowering them to leverage Solana’s advanced blockchain platform to develop and expand their businesses. The […]