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Stay ahead in the blockchain market of the Middle East. Get updates, analysis, and trends shaping the regional landscape.

Blockchain

Blockchain Sports Ecosystem and Saudi Alpha Jossor Investments Join Forces to Create a $3.3 Billion Sports Complex

signed Memorandum of Understanding (MoU) in Riyadh, Saudi Arabia In Riyadh, Saudi Arabia, Alpha Jossor Investments, an investment firm, and Blockchain Sports Ecosystem, a software company based in the UK,...
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Blockchain

Blockchain to Be Used in Indian City for Document Management

The Indian city of Ahmedabad is modernising significantly by incorporating blockchain technology into its document management systems. In order to create this new system, which will improve document security and...
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BNB Chain

DWF Labs and Klumi Ventures Collaborate to Advance the UAE’s Web3 Ecosystem

The goal of Klumi Ventures and DWF Labs’ collaboration is to hasten the UAE’s adoption of Web3 and digital transformation. Strategic Emphasis on Digital Transformation and Web3 Adoption A strategic...
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Web3

BNB Chain Offers Up to $300,000 in the Fourth Round of the TVL Incentive Program

The world’s largest smart contract blockchain, hosted by community-driven blockchain ecosystem BNB Chain, has announced the release of its fourth Total Value Locked (TVL) Incentive Program. This initiative encourages projects...
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Blockchain

How Blockchain is Transforming the Future of Business in the MENA Region

The corporate environment in the Middle East and North Africa (MENA) area is gradually changing as a result of blockchain technology. Blockchain is a decentralized, secure digital ledger that has...
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Blockchain

UAE’s Myco Raises $10M, Plans to Move to Blockchain and Expand

Financial Benchmark for Myco Myco, a Web3 streaming platform situated in the United Arab Emirates, has successfully closed its Series A fundraising round with $10 million raised. Leading venture capital...
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United Arab Emirates

Phoenix Group of the United Arab Emirates Acquires Strategic Shareholding in Tether’s Dirham Stablecoin

Tether Releases Dirham-Pegged Cryptocurrency The well-known international digital asset firm Tether, best known for its stablecoin USDT, has announced plans to launch a new stablecoin based on the United Arab...
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Cryptocurrency

Coinsbooth Brings Cash-Based Cryptocurrency Transactions to Dubai

A major participant in the blockchain and cryptocurrency space, Coinsbooth has debuted its cutting-edge services in Dubai, United Arab Emirates. Coinsbooth, which specialises in buying and selling Bitcoin, USDT, and...
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Blockchain

The Role of Blockchain in Saudi Arabia’s Financial Sector: From Banking to Insurance

Saudi Arabia has quickly adopted blockchain technology as a fundamental component of its modernisation efforts in the financial industry in recent years. Blockchain is revolutionising the insurance industry and banking...
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BlockchainTechnology

Blockchain Technology in Saudi Arabia: Enhancing Transparency and Security in Public Services

Saudi Arabia, a deeply traditional country, is quickly modernizing itself as part of its Vision 2030 plan by incorporating cutting-edge technologies. Of all the cutting-edge technologies being embraced, blockchain is...
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