MENA News
Discover the latest blockchain and crypto news from the MENA region, including updates from Dubai, Abu Dhabi, Bahrain, Qatar, and Oman, covering trends, regulations, and developments shaping the industry
The Dubai Financial Services Authority (DFSA) has released the findings of its AI Survey 2025, revealing a major surge in artificial intelligence (AI) adoption within the Dubai International Financial Centre (DIFC) over the past year. According to the report, 52% of DFSA-authorised firms are now actively using AI — up from 33% in 2024 — marking a 57% year-on-year increase. The growth is even more pronounced in the use of…
Read More »The UAE government has officially conducted its first-ever national transaction using the Digital Dirham, marking a historic step toward building a fully digital economy. The transaction was executed jointly by the Ministry of Finance and the Dubai Department of Finance, in collaboration with the Central Bank of the UAE (CBUAE), according to an announcement made on Tuesday. A Landmark in the UAE’s Financial Digitalization Drive This milestone highlights the UAE’s…
Read More »The United Arab Emirates has once again solidified its position as one of the world’s leading jurisdictions in digital-asset regulation, according to the newly released Global Digital Assets Report 2025 by the Global Finance & Technology Network (GFTN) in collaboration with Arthur D. Little. Launched during the Singapore FinTech Festival 2025, the report identifies the UAE as a key driver of regulated digital finance, joining Singapore and Switzerland at the…
Read More »The du Tech entry into Bitcoin mining has captured widespread attention across the UAE’s digital asset ecosystem. When du Tech—the innovation arm of telecom operator du—unveiled its Cloud Miner service with a Burj Khalifa laser show, it made history as the first telco in the country to introduce Bitcoin mining to the public. Yet the announcement lacked crucial technical details, prompting speculation over whether du Tech’s Cloud Miner relied on…
Read More »First-of-Its-Kind Institutional Connectivity in the MENA Region OKX, a leading global and trusted digital asset exchange and on-chain technology company, has become the first global crypto exchange to establish direct institutional connectivity with ZagTrader, a leading provider of capital markets infrastructure. This partnership links ZagTrader’s financial network, Zag Financial Network (ZagFN), directly to OKX’s trading platform, giving institutional clients seamless and secure access to digital asset markets across the MENA…
Read More »Phoenix Group PLC (PHX: ADX), an IHC portfolio company and a global leader in digital asset infrastructure, in partnership with Ethiopian Electric Power, Ethiopia’s state-owned electric power producer, today announced the 30MW hydropower-backed mining facility at Bole Lemi Industrial Park in Addis Ababa, Ethiopia. The activation represents a key expansion milestone in its growth into Africa’s energy-rich markets and its long-term strategy to scale to 1GW of compute capacity. Under…
Read More »In an effort to accelerate the adoption of blockchain and tokenization technologies across the Middle East and Africa, SettleMint, a leading blockchain and tokenization platform provider, has entered into a strategic partnership with Inspire for Solutions Development, a regional IT services firm with operations across Saudi Arabia, Jordan, Egypt, Qatar, Oman, and the UAE. The collaboration merges SettleMint’s enterprise-grade blockchain infrastructure with Inspire’s strong delivery capabilities and client network, creating…
Read More »BBK, one of Bahrain’s leading retail and corporate banks, has signed a Memorandum of Understanding (MoU) with Binance, the world’s largest blockchain ecosystem and crypto exchange, to become the first bank and entity in the GCC to join the Binance Link Program. The partnership remains subject to final approval from the Central Bank of Bahrain (CBB). The announcement, made during the Gateway Gulf Investment Forum Bahrain 2025, marks a major…
Read More »The Qatar Fintech Expo (QFEX 2026), organized by AFAQ Group for Conferences & Exhibitions Management, will take place on April 28–29, 2026, positioning itself as the leading regional platform for fintech, digital assets, and financial innovation in the Gulf and wider MENA region. The two-day summit and exhibition will bring together more than 80 exhibitors, 60 speakers, and over 2,000 attendees from banking, finance, technology, and regulatory sectors. QFEX 2026…
Read More »Real-world asset platform Tokinvest has announced a strategic partnership with API Global, a UK-based property investment and distribution firm, in a move designed to make institutional-grade real estate more accessible through tokenization. API Global, which has facilitated more than US$2 billion in real estate transactions since its founding, will combine its property sourcing expertise with Tokinvest’s newly licensed digital issuance platform. The collaboration enables investors to buy fractional shares of…
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