IMF Publishes Report for Central Bank on Retail CBDC Implementation in Jordan
The Central Bank of Jordan is making progress towards a retail central bank digital currency (rCBDC) with the completion of an International Monetary Fund (IMF) technical report on the country’s markets. The IMF carried out a three-month mission last year to assist the bank with preparing a feasibility report on CBDCs, with the report being […]
Empowering Innovation: DMCC Crypto Centre and TDeFi Join Forces to Launch Web3 Accelerator Program
The DMCC Crypto Centre, which is the primary free zone and authority on commodities trade and enterprise in Dubai, has joined forces with TDeFi, a global Web3 incubator and consultancy firm, to introduce a new accelerator program for Web3 and blockchain firms. This program will provide guidance and workshops on various topics connected to cryptocurrency […]
Web 3 streaming platform myco signs a partnership with Quetta Gladiators
myco (formerly known as MContent), a leading entertainment and sports streaming platform will stream the Pakistan Super League (HBL PSL Season 8) through criclife 2 on its Web 3 streaming platform in the MENA region, offering viewers the chance to watch the live stream of PSL matches in high quality and participate in the unique […]
Former Binance Exec to Gather $100M to Accelerate Crypto Adoption in UAE
Bill Qian, who previously led venture capital investments and acquisitions at Binance Holdings Ltd., intends to gather more than $100 million for a new crypto venture capital fund. According to Bloomberg, Qian believes that the crypto industry’s most pressing issue is achieving substantial user growth, which was one of the primary reasons for founding Cypher […]
Bonuz, the Revolutionary All-in-One Web3 Ecosystem
The merge of the physical and digital through social engagement Web3 platforms is a cutting-edge concept that aims to create a seamless integration of both worlds, where digital and physical entities coexist and interact with each other. This technology is not only used for gaming and entertainment, but also for social engagement, education, and multiple […]
Shaffra Launches MaaS Platform for Next-Gen Business Engagement in the Metaverse
Shaffra, a Metaverse-as-a-Service company (MaaS) has entered the UAE market by unveiling its platform, which is all ready to transform the way organizations engage with their customers and stakeholders. Using innovative new 3D technologies, Shaffra is introducing the next era of virtual experiences where users can interact and collaborate with each other as well as […]
Digital Dubai and Animoca Ventures Kickstart Collaboration with Exclusive Investor Workshop
Digital Dubai has partnered with Animoca Ventures to co-host ‘Reports from the Future : Dubai’, an exclusive, invitation-only event for investors, held on 8 February 2023 at the Digital Dubai Offices in Dubai Design District. Digital Dubai is a government body established by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President & Prime Minister […]
Abu Dhabi Launches Hub71+ Digital Assets with $2 Billion Funding to Boost Web3 Startups
Hub71, a global technology ecosystem based in Abu Dhabi, has announced the launch of a specialized ecosystem called Hub71+ Digital Assets. This ecosystem will focus on advancing the growth of digital assets and leveraging the disruptive potential of Web3, which is the next stage of the internet’s evolution. With over $2 billion of capital committed […]
Report by World Government Summit Outlines Path to Governance of the Metaverse
The World Government Summit (WGS) today launched a report titled “Governing the Metaverse,” in partnership with consulting firm Arthur D. Little. The report reveals significant opportunities presented by the Metaverse in fields such as energy and utilities, healthcare, manufacturing and education, and proposes key policy recommendations to steer governance towards a sustainable ecosystem, drive investment […]
Sharjah Chamber of Commerce and Industry Holds Scientific Symposium on Metaverse
The Sharjah Chamber of Commerce and Industry (SCCI) has organized a scientific symposium on the Metaverse to educate the chamber’s senior officials and employees on the potential impact of this technology in the Emirates. Hosted by the SCCI’s Sharjah Training & Development Center, the symposium also aimed to assess the chamber’s institutional readiness to adapt […]