NFTs Contribute to Treating Children with Cancer in Beirut
The recent adjustments in the NFT market and the broader blockchain space highlight the need for a more sustainable and business-focused approach. Web3, with its decentralized and collaborative ethos, is emerging as the next frontier for businesses. This shift presents an exciting opportunity for organizations to harness the power of blockchain and NFTs in a […]
Elevating Saudi Arabia’s Gaming Industry, A Look Inside Future of Saudi: Gaming Levels Up
In a special moment for Saudi Arabia‘s burgeoning gaming sector, AstroLabs and IMPACT46, in partnership with the Saudi Ministry of Communications and Information Technology’s Center of Digital Entrepreneurship (CODE), presented the ‘Future of Saudi: Gaming Levels Up’ event at the state-of-the-art CODE Headquarters in Riyadh. The event drew a diverse audience that included avid gamers, […]
Exclusive Interview: Cryptocurrencies Are Here to Stay, Says Binance Regional Director
Cryptocurrencies are here to stay, according to Bader Kalooti, Regional Director of Growth and Operations at Binance. “Web3 and blockchain have proven a powerful solution to drive efficiency, transfer value more effectively, and add a layer of trust, transparency, and immutability to any sector, not just finance. I am very bullish personally.” Binance in MENA: […]
VARA Halts Islamic Coin Issuance, Putting Bored Gen DMCC in Jeopardy
The Virtual Assets Regulatory Authority (VARA) has issued a critical alert to investors and market participants concerning the unauthorized issuance, marketing, and retail distribution of Islamic Coin (ISLM) within and/or from the Emirate of Dubai by Bored Gen DMCC (BG). This announcement aims to bring immediate attention to a situation that poses potential risks to […]
QFC Issues Qatar Digital Assets Framework Proposal with Open Invitation for Public Feedback
In a groundbreaking move towards establishing a robust and secure digital assets ecosystem, the Regulatory Authority and the Qatar Financial Centre Authority (QFC Authority) have jointly unveiled the QFC Digital Assets Framework. This framework, detailed in the proposed draft legislation, aims to address various aspects of digital assets, including legal certainty, ownership, custody arrangements, trading, […]
Web3 Summit in Riyadh on October 19, Pioneering Blockchain and Web3 in KSA and Beyond
Organized by The Blockchain Research Institute Middle East (BRI ME), Web3 Summit: Blockchain & Beyond aims to address the advancements and potential of blockchain technology and web3 in Saudi Arabia and the region. The Web3 Summit has gathered support from prominent sponsors, including SCEGA, TONOMUS NEOM, FedEx, Dialecitc, and IR4Lab. These sponsors, recognized as leading […]
UAE Digital Economy Council Advances Strategic Initiatives with Blockchain Technology
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, the Digital Economy, and Remote Work Applications, reiterated the importance of maintaining progress to ensure the sustainability of the digital economy’s growth. This aligns with the UAE’s strategic objectives in the digital economy field, which emphasizes the development of a cutting-edge digital economy combining digital […]
Federal National Council Elections Kick Off Tomorrow with a Virtual Twist and a Metaverse Campaign
The National Elections Committee has announced the voting process for the 2023 Federal National Council Elections in the United Arab Emirates. The voting will take place over several days, starting with early voting on October 4th and 5th, followed by online voting on October 6th, and the main election day on October 7th. The Committee […]
WOW Summit Dubai 2023, the Epitome of Luxurious Web3 Experience
Join us for an exciting journey at WOW Summit Dubai 2023, the ultimate Web3 experience, hosted at the luxurious Atlantis the Royal in Dubai on October 8th and 9th, 2023. WOW Summit Dubai 2023 offers a remarkable Web3 adventure with an impressive lineup of speakers and esteemed sponsors. This event isn’t merely a conference; it’s […]
UAE Tech Company Licenses Technology for Hong Kong-Based Firm to Launch Stablecoin, Clarifies It Is Not an AED Stablecoin
Distributed Technologies Research Ltd. (DTR), a technology private company headquartered in the Abu Dhabi Global Market (ADGM), has announced its expansion into the UAE market and the licensing of its flagship stablecoin technology to the Hong Kong-based DRAM Trust. The company has chosen DRAM Trust as its preferred licensing partner due to its commitment to […]