Stratez Capital Announces Strategic Partnership with Newtek
Stratez Capital has entered into a strategic partnership agreement with British entrepreneur Safi Qurashi and his newly-formed company, NewTek Holdings Ltd. The aim is to jointly develop real estate projects and commodity trading utilizing blockchain and Web3 technology. The Middle East has been identified by NewTek as a priority market, and the company is initially […]
META4 Obtains License for Its Digital Asset Exchange
UAE based Company, Meta4, has recently obtained its crypto license in the European Union as a virtual asset service provider (VASP). The license allows the Company to launch and run its centralized exchange of virtual currencies going by the name of CoinCult, an easy and secure one-stop platform that allows investors to navigate the crypto world. The […]
Aurus Acquires Crypto Trading License from DMCC
Aurus, the decentralized precious metals tokenization platform launches its new headquarters in Dubai’s DMCC Crypto Center, introduces its new board of Directors, and acquires a cryptocurrency trading license, which focuses on proprietary trading in crypto-commodities. Aurus’ open-ended blockchain ecosystem enables the tokenization of gold, silver, and platinum in a decentralized and sustainable manner. Aurus Markets […]
Provisional Regulatory Approval From VARA to GCEX in Dubai
Digital brokerage, GCEX (GCEX Group) is expanding into the MENA region with the opening of a Dubai office and the appointment of former Regional Director of CFH Turkey (now Finalto), Mehtap Önder, as Managing Director, GCEX MENA. GCEX’s launch in Dubai follows on from the firm being granted provisional regulatory approval by the Virtual Assets […]
CoinMENA Joins Visa’s Fintech Fast Track Program
CoinMENA, a leading digital assets exchange in the Middle East and North Africa (MENA) that is licensed and regulated by the Central Bank of Bahrain (CBB), announced today that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments. The Visa Fintech Fast […]
Shaabiat Al Cartoon announces first televised Arabic cartoon NFT Collection
NFT project, Crypto Arabs, is revolutionizing the way the world does business by educating its community members about crypto currencies, Web 3.0 and Non Fungible Tokens (NFTs) through their ‘Learn to Earn’ initiative in the Metaverse. Sheikh Humaid Bin Khalid Al Qasimi and Princess Nejla bint Asem of Jordan became some of the first members […]
DMCC Reports Best H1 Performance with 14% New Crypto Company Registrations
The world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise has reported its best ever performance in the first half of the year, registering 1,469 new companies in the first six months of 2022, which represents a 19% increase over the same period last year. In June alone, DMCC welcomed […]
Warba Bank enters the world of Metaverse
Warba Bank announced occupying sites in both the virtual world Decentraland and Sandbox, to become the first Islamic bank in the world and the first bank in Kuwait and the region to be present in these sites, to strengthen communication channels and dealing with the clients of the Alpha & Z generations. Warba Bank Executive […]
Three Arrows Capital not yet licensed in Dubai
It seems that Three Arrows Capital’s (3AC) latest situation had a direct impact on their future plans, especially regarding a potential move to Dubai. It was reported earlier on Unlock and different media outlets that Three Arrows Capital is planning to move their headquarters to Dubai, seeking the friendly crypto environment in the Gulf city […]
Non-trading License for Huobi in DIFC
DIFC published lately on their public register, that on 17th of June 2022, the financial center granted Huobi (international) investment limited as license for an entity called Huobi Innovation (DIFC) Limited. It seems Huobi are reconsidering their decision about UAE and MENA and working hard to establish again a footstep in the UAE. Previously as […]