MENA News
Unlock is the only official source of Blockchain and Crypto news from MENA region. latest projects and implementations in Dubai, Abu Dhabi, Bahrain, Saudi Arabia and other regional countries in the Middle East and north Africa.
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Nucleus AI and the Dubai Blockchain Center have united to redefine the landscape for blockchain and cryptocurrency companies establishing operations in Dubai. This strategic collaboration harnesses Nucleus AI’s state-of-the-art Pre-AGI platform to streamline regulatory processes, enhance business facilitation, and elevate Dubai’s status as a global blockchain leader. Dr. Marwan Alzarouni, CEO of Dubai Blockchain Center, highlights, “We are on the cusp of a transformative era where the convergence of blockchain…
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Abu Dhabi Global Market (ADGM), has joined forces with Hacken, a global leader in blockchain security auditing, to establish new benchmarks for security and compliance in the blockchain industry. This strategic partnership marks a unique collaboration between a regulatory body and a security auditor, aiming to develop a world-leading security assessment standard. Building a Secure Blockchain Ecosystem Through a signed Memorandum of Understanding (MoU), ADGM’s Registration Authority (RA) will work…
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For the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is set to take place on 6-7 May at Madinat Jumeirah. Organized by Dubai International…
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In the heart of Riyadh, amidst the gleaming towers and bustling streets, HRH Prince Faisal bin Bandar bin Sultan Al Saud, chairman of the Saudi Esports Federation during Outer Edge Riyadh, unveiled a vision that would redefine the Kingdom’s future. With determination in his voice, he declared that eSports would not only entertain but also elevate Saudi Arabia onto the global stage of innovation and prosperity. As he sat down…
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Network International LLC (Network), a key player in digital commerce across the Middle East and Africa (MEA) region, has announced its acquisition of a stored value facility (SVF) license from the Central Bank of the UAE. This milestone achievement will fortify Network’s role in boosting the UAE’s growing digital payment landscape. The issuance of this license underscores Network’s commitment to supporting FinTech and Financial Institutions while contributing to the advancement…
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ENOC Group, a leading integrated global energy player, has appointed the innovative technology loyalty partner, Loyyal, to integrate Access Point, their self-service platform, into the Group’s rewards programme. This move will revolutionize the ‘YES’ rewards program, allowing members to seamlessly earn and redeem points across a vast network of merchants, powered by Loyyal’s cutting-edge blockchain technology. With numerous businesses in Loyyal’s partner network, members can expect unparalleled flexibility and convenience in earning and redeeming rewards. His Excellency Saif Humaid…
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CoinMENA, licensed in both Bahrain and the UAE (CoinMENA B.S.C. and CoinMENA FZE, respectively), announces a partnership with Zodia Markets. Zodia Markets, a UK-based digital asset trading business backed by Standard Chartered, is renowned for its industry-leading trading infrastructure and operational efficiency. This partnership aims to enhance liquidity and reduce slippage on high-volume trades for G10 and GCC currencies against a curated selection of stablecoins and crypto assets for CoinMENA…
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Medad Holding and Franklin Templeton have united in a groundbreaking partnership set to transform the financial landscape of the United Arab Emirates (UAE). This collaboration is centered on introducing a pioneering tokenized digital asset – the yieldcoin. Yieldcoins represent a fusion of traditional financial instruments with cutting-edge blockchain technology, offering investors a new paradigm for investment. Yieldcoins: Merging Stability and Flexibility By amalgamating the stability of a money market fund…
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Outer Edge, one of the pioneer events in the world of Web 3, tech, culture, and entertainment, today announced a partnership with Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and King Abdulaziz City for Science and Technology (KACST), the national labs of the Kingdom, to debut Outer Edge Riyadh on 23 April. The dynamic event is set to bring together some of the…
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Richard Teng, leading Binance in the wake of regulatory turbulence, has secured a significant victory: the much-anticipated full crypto license from VARA in Dubai. Binance FZE, the Dubai entity of the world’s leading global virtual assets services provider, today announced that it has received the Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license, subsequent to the previous issuance of the Minimum Viable Product…
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