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United Arab Emirates

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership
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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...
Kraken shuts down Abu Dhabi office less than a year after launch
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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
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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
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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...
UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion
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16 January, 2023

UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion

Venom Ventures Funds (VVF) describes itself as a “blockchain-agnostic” fund “determined to make a meaningful impact by leveraging its financial...
SmartLedger turns its attention to the Middle East, launches new hub in Dubai
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4 January, 2023

SmartLedger turns its attention to the Middle East, launches new hub in Dubai

The new hub, dubbed "Blockchain Smart Technologies," will operate as SmartLedger's subsidiary covering North Africa, The Middle East, South East...
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