Saudi Arabia

Saudi Arabia’s Web3 alliance; Dubai warns against memecoins
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28 February, 2025

Saudi Arabia’s Web3 alliance; Dubai warns against memecoins

In other news, Dubai's VARA warned consumers about the dangers of investing in memecoins, stating they are "highly speculative and...
Saudi Arabia unveils new AI partners
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27 February, 2025

Saudi Arabia unveils new AI partners

Saudi Arabia unveiled a $1.5M deal to design an AI-powered cloud computing for the country, while Altman rejected Musk's $97.4B...
UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
Saudi Arabia’s new initiative to train 7,000 locals in AI
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30 August, 2024

Saudi Arabia’s new initiative to train 7,000 locals in AI

The initiative is the brainchild of the Ministry of Communications and Information Technology and the Human Capacity Development Programme, which...
Middle East in strong position for AI innovation: report
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2 July, 2024

Middle East in strong position for AI innovation: report

The Middle East is positioning itself as a strong player in AI innovation, with the results of a Dell survey...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
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