MAG Partners with CoinMENA to Facilitate Property Transactions Using Crypto
MAG, the leading real estate developer in the UAE, has signed an agreement with CoinMENA, a leading crypto asset service provider in the Middle East and North Africa (MENA), to facilitate real estate purchases using cryptocurrencies and further accelerate the growth of Dubai’s new economy. Under this agreement, the developer will accept stablecoins, including USDT […]
First International Digital Economy Court in the World Releases New Specialized Rules
The Dubai International Financial Centre (DIFC) Courts has announced the launch of a new set of industry-first specialized rules for its recently formed Digital Economy Court (DEC) Division. In addition to that, leading international judicial expertise has been recruited to oversee and operate the new Court’s cutting-edge digital infrastructure and service capabilities. Under Decree No. […]
Dalma Capital Group Acquires The Global CIO Office
Dalma Capital Group, a global alternative investment management platform and advisor, has agreed to acquire The Global CIO Office, an independent, outsourced chief investment officer services business with a global network of investment professionals. The Global CIO Office will become the Dalma Global CIO Office, providing outsourced chief investment officer services to family offices seeking […]
DMCC Launches its Gaming Centre, Advancing MENA Region’s $1.8 Billion Gaming Industry
The world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced the launch of the DMCC Gaming Centre in support of the increasingly growing global and regional video games industry. Currently standing at USD 1.8 billion, revenues generated by the gaming industry in the MENA region are expected […]
A $15 Billion Annual Boost to The GCC Economy Might Come from The Metaverse
According to a recent Strategy& analysis, the metaverse might contribute $15 billion annually to the GCC economy by 2030, with more than half going to Saudi Arabia and over a quarter to the UAE. According to the consultancy firm, the $3.2 billion travel and tourism industry stand to benefit the most, as seen by the […]
Highlights of The World Fintech Show: Launches, Agreements and Partnerships
World Fintech Show, a global fintech series managed by Trescon offered Saudi Arabia’s fintech industry a platform for significant advancement. The event witnessed the launch of Fintactics Studio and its commitment to shape the future of fintech in the Kingdom of Saudi Arabia. World Fintech Show, which was held at the InterContinental in Riyadh, aided […]
UAE Ranks Among Top Crypto Job Markets in the World, Study Reveals
Employment opportunities and salaries in the UAE’s cryptocurrency sector are among the highest in the world, making the Gulf state one of the biggest markets for those seeking a career in the digital currency space, according to new research by London-based CoinJournal. The UAE has 137 crypto career listings or 14.51 jobs per one million […]
MidChains Partners With Al Maryah Community Bank to Launch Access to Virtual Assets for Segregated Accounts
In a move that echoes the UAE’s ambition to become a Global Crypto Hub, MidChains, one of the world’s first fully regulated Virtual Asset Multilateral Trading Facilities (MTF) and Custodians, and Al Maryah Community Bank, the UAE’s first fully integrated Digital Bank, announced that they intend to bring virtual asset trading and custody to the […]
Digital Twin is Ready: Take an Immersive Tour of the Dubai Frame in the Metaverse
For the 51st national day of the UAE, MetaEssence has built a demonstration of the DubaiFrame Digital Twin showing a 360-degree view of the iconic landmark, in addition to virtual avatars walking around different areas of the building, including the luminous glass walkway, and leading to spectacular panoramic views across Dubai. “DigitalTwin in Tourism is […]
X-Wallet: The Decentralized Non-Custodial Crypto Wallet with Zero Gas Fees
Following the crash of giant crypto exchange FTX and all the turmoil it caused, crypto enthusiasts and investors have been constantly withdrawing their assets from exchanges. In fact, trust and security are two main pillars of any potential investment. However, with the current events and market conditions, there is no doubt that this hasn’t been […]