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United Arab Emirates

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

Business

Wahid Pessarlay

19 February, 2023

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

Abu Dhabi sets its eyes on becoming a Web3 hub in the MENA region under its new project geared toward...

UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme

Business

Wahid Pessarlay

16 February, 2023

UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme

While other countries choose whether to focus on a retail CBDC instead of wholesale, the United Arab Emirates is seeking...

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership

Business

Wahid Pessarlay

11 February, 2023

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership

The memorandum of agreement was signed at the Leap Tech Conference 2023 in Riyadh between The Sandbox metaverse firm and...

Business

Steve Kaaru

6 February, 2023

Kraken shuts down Abu Dhabi office less than a year after launch

Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region...

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Tech

Steve Kaaru

3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...

UAE expects digital assets to ‘play a major role’ in international trade

Business

Wahid Pessarlay

26 January, 2023

UAE expects digital assets to ‘play a major role’ in international trade

UAE's Minister of State for Foreign Trade said that the country would be pivoting to digital assets in 2023 after...

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Steve Kaaru

31 Oct 2025

United Arab Emirates

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership

Kraken shuts down Abu Dhabi office less than a year after launch

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

UAE expects digital assets to ‘play a major role’ in international trade

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Canada’s stablecoin rules; Aussie VASPs flag gaps in proposed law

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