Middle East Archives

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

Business

Wahid Pessarlay

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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

Business

Wahid Pessarlay

-

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

Business

Wahid Pessarlay

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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

Business

Wahid Pessarlay

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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...

UAE adopts national approach to AI with focus on educating residents

Business

Wahid Pessarlay

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20 January, 2024

UAE adopts national approach to AI with focus on educating residents

UAE government officials are keen on equipping its workforce with advanced AI skills, and plans for upskilling its citizens were...

Deloitte unveils AI chatbot prioritizes employee productivity

Business

Wahid Pessarlay

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13 January, 2024

Deloitte unveils AI chatbot prioritizes employee productivity

Deloitte debuts PairD, an in-house AI chatbot enhancing productivity for 80,000 employees in the Middle East and Europe with code...

South Korea’s Wemade eyes Middle East for blockchain gaming expansion

Business

Wahid Pessarlay

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5 January, 2024

South Korea’s Wemade eyes Middle East for blockchain gaming expansion

Looking to make a mark in the Middle East's blockchain space, Wemade struck a partnership with Whampoa Digital for a...

Bitcoin is all about taking control of your life: Dr. Anas Hakimeh on CoinGeek Backstage

Interviews

Steve Kaaru

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21 September, 2023

Bitcoin is all about taking control of your life: Dr. Anas Hakimeh on CoinGeek Backstage

Silverline’s Dr. Anas Hakimeh was on the hunt for technology that equalizes the playing field and allows everyone to participate...

Dubai’s VARA grants Komainu full operating license after rigorous process

Business

Wahid Pessarlay

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31 August, 2023

Dubai’s VARA grants Komainu full operating license after rigorous process

With the full operating license, Komainu is expanding its digital currency services beyond custody with institutional staking and collateral management...

Oman unveils $350M block reward mining hub as it advances digitization drive

Tech

Wahid Pessarlay

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29 August, 2023

Oman unveils $350M block reward mining hub as it advances digitization drive

Oman is opening a digital currency mining hub as part of its plans to boost digital economy growth and push...

Dubai licensing approach seen to empower global AI, Web3 firms

Business

Wahid Pessarlay

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22 August, 2023

Dubai licensing approach seen to empower global AI, Web3 firms

Dubai offers 90% subsidies in a new licensing system for AI and Web3 firms in an attempt to foster innovation...

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up

Business

Wahid Pessarlay

-

19 August, 2023

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up

Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced...

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