ZEN INVESTING
Middle East Petro-Stablecoins: India's Oil Importers Face a Web3 Twist
The UAE is establishing regulations for dirham-pegged stablecoins, signaling Indian traders to prepare for coin-based settlements alongside dollar transactions.
Tether (USDT) Commits $3M to Kem for Financial Inclusion in the Middle East
Tether invests $3 million in Kem to boost financial inclusion and USD₮ adoption in the Middle East, targeting improved economic conditions and access to financial services.
IOTA Token Achieves Shari’a Compliance, Certified by Cambridge Institute
IOTA Token has been certified as Shari’a-compliant by the Cambridge Institute of Islamic Finance, enhancing trust and growth in the Middle East.
Red Sea Global Implements Oracle OPERA Cloud for Enhanced Hospitality Services
Red Sea Global adopts Oracle OPERA Cloud Central to streamline its hotel operations, enhancing guest services across its Middle Eastern properties.
ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation
Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region.
Bitget Eyes Middle East for Crypto Expansion, Plans to Hire 60 New Staff
Bitget, a leading crypto derivatives and copy trading platform, has announced plans to expand its operations into the Middle East, as reported on July 20, 2023.
Kraken Closes Abu Dhabi Office
Less than a year after receiving regulatory licence to operate in Abu Dhabi's international financial hub and worldwide market, Kraken is departing.
Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.
Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says
During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.
Crypto Exchange Kraken to Launch in UAE
U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open an office in Abu Dhabi.