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Middle East

Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors
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17 February, 2024

Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors

Bridgewater Middle East will operate as a conduit for United Arab Emirates-based enterprises seeking to pivot into digital currencies and...
UAE’s blockchain ambitions will improve trade finance for SMEs
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16 February, 2024

UAE’s blockchain ambitions will improve trade finance for SMEs

Currently, SMEs in the United Arab Emirates face a challenging task in securing trade finance, underscored by several issues like...
AI innovation in the Middle East can match EU, North America, analysts say
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7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...
UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
Here’s how blockchain is changing the face of commerce in UAE
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29 January, 2024

Here’s how blockchain is changing the face of commerce in UAE

As the United Arab Emirates pivots away from oil, it is keen on establishing itself as a global commercial hub,...
With a full VASP license from Dubai, OKX eyes Middle East dominance
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21 January, 2024

With a full VASP license from Dubai, OKX eyes Middle East dominance

The new license, granted by Dubai's VARA, allows OKX Middle East to offer both fiat and spot trading services to...
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