‘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 […]
Pairing-based cryptography is commonly used for constructing and analyzing cryptographic protocols in blockchain and other use cases. A pairing is calculated between two input groups and a third output group as part of common public-key cryptographic protocols. In a multi-party protocol, communications are encrypted and decoded using a combination of public and private keys. These […]
Globale Media, one of India’s largest AI-driven mobile advertising platforms, today announced that it has started operations in the UAE to extend services across the MENA region by expanding their network of advertisers and publishers. The ad-tech platform has been shaking up the advertising world with its avant-garde user-acquisition strategies for advertisers in India and […]
Arab Bank Group reported net income after tax for the first quarter of 2022 of $166 million as compared to $128.3 million for the prior period, recording an increase of 29.4%. The Group loan portfolio grew by 5% to reach $35.2 billion as of March 31, 2022 compared to $33.5 billion for the same period […]
Dubai Customs organized its annual IP celebration on the occasion of the World Intellectual Property Day 2022 under the theme IP and Youth Innovating for a Better Future’ at the Museum of the Future. H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, H.E. Ahmad bin Lahej Al Falasi, Acting Director General […]
African Media Agency, a leading pan-African PR and communications firm, today announced its partnership with Africa’s premium tech-driven media house, Technext. The partnership aims to share stories demonstrating the utility and benefits of digital currency, while providing visibility to Coinference 2022, set to take place on 3rd October 2022. Coinference 2022 is dedicated to educating African audiences […]
Almost seven out of 10 payment transactions in the Middle East will be non-cash in 2023, as the region catches up with the global trend towards a cashless economy. SHIFT, a new report by the MENA Fintech Association, said the region has historically been inclined to cling to cash payments, and the banking sector has […]
Tradeling, the Middle East and North Africa’s dominant eMarketplace focused on business-to-business (B2B) transactions announced today the launch of its second fulfilment centre in Dubai to meet market demand following the growth it witnessed in Q1 of this year. The new facility is also part of Tradeling’s larger growth strategy focused on strengthening its operations […]
