MENA News

Unlock is the only official source of Blockchain and Crypto news from MENA region. latest projects and implementations in GCC, Middle East and north Africa.

  • UAE Gov accelerator lauches National Blockchain Challenge

    The UAE Government Accelerators, a UAE government initiative launched by H.H His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in 2016, has announced a new National Blockchain Strategy Challenge. This is part of their 100 day Challenge Series. The Government Accelerators serves as a platform for federal and local government entities to address challenges and achieve ambitious goals…

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  • GOIR MENA Investment summit 2021 in UAE

    GOIR online investment roadshow will be launching its MENA 2021 event on September 27th 2021 from 3-6 om Dubai time. GOIR is carried out in 20 countries and covers 10 languages.   The main objective of GOIR is to allow its carefully-curated investor community gain priority access to exclusive global private investment opportunities on special favourable terms. At the upcoming Sep GOIR event, keynote speakers will include Mr. Gordon H.…

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  • Oman central bank launches crypto task force

    Central Bank of Oman has launched a high level Oman cryptocurrency task force to study the economic advantages and disadvantages of authorizing the use of cryptocurrencies in the country. According to Oman Observer article, a top official at the Central Bank of Oman announced this in mid-September. The statements made by Al Amri were carried out during a forum organized by UMS Events for the Oman Banks Association. Tahir Bin…

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  • UAE Music company purchases new NFT meme

    UAE Music company 3F Music has purchased the famous internet meme ‘side-eyeing Chloe’ non-fungible token (NFT) for around $74,000, according to a BBC report. The meme which features a two-year-old girl, Chloe Clem, giving a disapproving look after her mother surprises her with a trip to Disneyland. The Clem family auctioned the NFT off for 25 Ethereum. Chloe’s mother Katie told the BBC that the family watched the auction from…

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  • Egyptian Blockchain Pravica receives investment from CV VC labs

    Egypt based Pravica, a Blockchain messaging platform which empowers user privacy and security,has received investment from Swiss based CV VC (Crypto Valley Venture Capital). Prior to this investment, Pravica had received half a million dollars from 500 Startups. CV VC is a leading blockchain venture capitalist and incubator of global tech disruptors who are driving the fourth industrial revolution. Commenting on the investment and Pravica’s growth plan, Olaf Hannemann, Co-Founder…

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  • UAE investment fund owned Colango Bikes implements blockchain

    Legendary Italian bike company Colnago, majority owned by UAE Chimera Investments LCC, is implementing blockchain to validate and verify its new Bike frames from 2022. The outfit has partnered with fellow Italian brand MyLime, which will connect each new Colnago frame to the Automotive Blockchain, a digital service that will store and protect the unique manufacturing, transport and sales records. The Blockchain for Bikes, will be used to confirm the validity of…

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  • Virtual assets exchange is registered in UAE goAML platform

    UAE Executive Office of Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) has welcomed the confirmation that UAE based BitOasis, crypto asset exchange, will be registered with the UAE Financial Intelligence Unit’s (UAE FIU’s) reporting platform, GoAML, helping to add yet another layer of security for both fintech start-ups and the national economy. Commenting on the statement, Hamid AlZaabi, Director-General of AML/CTF, said, “Today’s announcement falls directly in line with the…

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  • The Lebanese Ministry of Public Health has signed a five year agreement with rfxcel, part of Antares Vision Group a solution provider in digital supply chain traceability solutions, to provide a Blockchain enabled GS1-compliant traceability hub to protect the entire pharmaceutical supply chain in the country.  The Blockchain enabled solution will be implemented by rfxcel’s partner Medical Value Chain (MVC), the Bahrain subsidiary of US-based AVC Global. MVC The announcement…

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  • UAE Based Jumy claims to be first NFT marketplace in MENA

    Dubai based Jumy, Blockchain enabled NFT marketplace claims to be the first NFT marketplace in MENA. As per their website, it is currently in beta testing mode gearing up towards a full launch. The UAE Jumy team whose offices are based out of Dubai World Trade Center, are teaming up with top artists, celebrities, athletes and creators to make collection of limited editions, high quality NFT that will be exclusively…

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  • Blockchain solution providerNew street tech with operations in UAE raises 4 million USD

    Blockchain technology enabler for BFSI sector, New Street Technologies, which has operations in the UAE, India and Asia, has raised $4 million funding. The second round of investment saw participation from a group of private investors led by Vittal Kadapakkam in the US, prominent Indian bankers, and existing investors including Unitus Ventures and Mohit Davar, Chairman of International Association of Money Transfer Network.  Total funds raises to date by New…

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