With record-high crypto breaches starting 2022 amounting over $1b in Q1, crypto pioneers Six and Silur pushed CCTF, the largest legal crypto hacking competition to the next level. Organized for the 8th time, the hacking competition has a history of creating real-world cryptocurrency and blockchain puzzles for security experts in order to raise general awareness in this new type of critical […]
Finbots.AI, an AI-envisioned firm bringing innovation to banks and financial institutions, today announced it has raised USD 3 million in a Series A round from Accel. This investment is from Accel’s Fund VII, and is the first external investment for Finbots.AI. The funds will be used towards accelerating product enhancement, marketing and sales, and customer support besides […]
Cypher Capital, a venture capital firm located in the UAE, today announced that it has invested in blockchain GameFi entity, “Cross The Ages (or CTA)”, an immersive metaverse gaming platform utilizing NFTs and tokenomics. Built on the Polygon platform, Singapore-based Cross The Ages received investments of $12 million in its seed funding round. The funding will be utilized to further develop […]
Nasdaq listed FTFT Capital have launched a #CryptoCredibility campaign designed to help students be more well versed with blockchain and cryptocurrencies. The campaign focuses on positively engaging students to help them gain a stronger understanding of the technology and lift their confidence. The campaign is the brainchild of Ola Lind, Director – FTFT Capital and […]
Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a US$ 1.6 billion Sukuk by the Islamic Development Bank (IsDB). The first public Sukuk issuance from IsDB in 2022 strengthens its position as the largest supranational institution issuing Sukuk on Nasdaq Dubai with a total value of US$ 18.04 billion currently listed […]
The success of last year’s cooperation agreement with Cainiao Network (“Cainiao”), the logistics arm of Alibaba Group has enabled Saudia Cargo to achieve significant growth in e-commerce shipments this year. The agreement created a thriving “sky bridge” between Asia and Europe, allowing Saudia Cargo to benefit from the opportunities arising from the growing global e-commerce market. Cainiao joined Saudia Cargo’s flight program in March 2021, linking Hong […]
Held under the patronage of His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Head of the Abu Dhabi Executive Office, the World Utilities Congress is set to take place at the Abu Dhabi National Exhibition Centre (ADNEC), from 9-11 May 2022. The World Utilities Congress, […]
‘MeetsMeta’ has selected the UAE to launch the first virtual city to simulate reality through Non-Fungible Tokens (NFTs) to provide users a virtual experience where they can select the individuals they want to meet and shape the life of their dreams. Through this, users can also study, do touristic activities, enjoy entertainment offers and own […]
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today launched the latest in a series of quarterly reports titled State of the UAE Retail Economy, uncovering key economic data, trends and insights into consumers’ behaviour patterns, spending habits and sentiment in the UAE. The report […]
The Department of Municipalities and Transport (DMT) revealed that the UAE capital’s real estate market recorded 3,304 transactions, reaching a value of Dh11.3 billion in the first quarter of 2022. The department’s quarterly report revealed that the transactions included the buying, selling, and mortgages of all types of land, buildings, and real estate. According to […]
