Step Saudi 2022 is Back at The Arena Riyadh

Step Saudi 2022, Saudi Arabia’s prominent tech & startup festival, will bring together a global audience of startups, investors, digital enthusiasts, brands, and government over a 2-day in-person event on 12 and 13 December at The Arena Riyadh. Direct-to-consumer brands will showcase their products to over 3,000 consumers and investors in the world’s most exciting […]
Komainu MEA FZE, the First Dedicated Institutional Digital Asset Custodian to Receive MVP License Approval from VARA

Komainu, a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP license means that Komainu can offer an approved range of virtual […]
CAPEX.com Secures In-Principle Approval of Crypto Trading License from ADGM

CAPEX.com announced today that it has received the In-Principle Approval to operate a cryptocurrency trading license in Abu Dhabi. It is not the first time the brand has received a vote of confidence from ADGM (Abu Dhabi Global Market), as it has been developing its strong MENA region presence since 2019. Octavian Pătrașcu, the founder […]
DMCC Digitizes Gold Trading Through Tokenization of Comtech Gold Bullion

The world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced a partnership with Comtech Gold to digitize the trading of gold by tokenizing the precious metal backed by physical gold bars registered on DMCC Tradeflow. DMCC Tradeflow is an online platform for registering the ownership of commodities […]
Phoenix Technology Signs New Distributor Agreement with MicroBT, Selling Their WhatsMiner Brand

Phoenix Technology, one of the leading cryptocurrency mining hardware retailers in the region and part of the wider Phoenix Group of companies, announced today that it has entered a strategic, exclusive, regional partnership agreement with MicroBT, a technology company based on blockchain – to sell their WhatsMiner brand in the GCC countries (UAE, Bahrain, KSA, […]
First Bahraini Pearl Jewelry Collection Launched as NFTs

Leena Al Ayoobi, one of Bahrain’s foremost artists and designers, and My Gold Souq, a Bahrain-based jewelry startup, have collaborated to create the world’s first collection of Bahraini pearl jewelry that will be sold as NFTs. The technical aspects of the project were managed by Web 3.0 firm Rudder Consultancy. The collection, named Sardana, is inspired by ancient […]
ADGM Academy Launches School of Digital Assets With Binance Academy to Expand Blockchain Education in the Region

The Abu Dhabi Global Market Academy (ADGMA) has launched a School of Digital Assets in partnership with Binance Academy, Avnon Academy, and the Center for Finance, Technology and Entrepreneurship (CFTE). ADGMA’s new School of Digital Assets will offer foundation, intermediate and advance level programmes that explore themes of metaverse, NFTs, crypto, blockchain, DeFi and cybersecurity. […]
Abu Dhabi Global Market Launches Crypto Hub Amid Emergence of New Virtual Assets

Holding its third day of sessions and panel discussions under the overarching theme of “Crypto Abu Dhabi”, Abu Dhabi Finance week has witnessed the launch of Abu Dhabi Crypto Hub by Abu Dhabi Global Market (ADGM), the leading international financial centre (IFC) of the UAE’s capital. Given the rapid emergence of new virtual assets such […]
Saudi Royal Commission for AlUla Enters the Metaverse With 3D Model Creation of Hegra Tomb of Lihyan

The Royal Commission for AlUla (RCU) has taken its first steps into the exciting world of Metaverse with the to-scale digital recreation of the Hegra World Heritage site, the Tomb of Lihyan. Built on the Metaverse platform Decentraland, the new online destination is the inaugural UNESCO monument to appear within the virtual realm and will […]
UAE Government Launches Jahiz, Offering Metaverse, AI and Blockchain Training to Upskill Talents

The UAE government launched “Jahiz”, an upskilling initiative for the future of government talents, which was recently endorsed by the UAE Cabinet headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It aims to enhance UAE Government readiness through upskilling all government […]