The DMCC boss is indebted to ‘his father and idol, the Dubai Ruler, for taking a chance with him’ in 2001, when he was 23 years old – a story by Joydeep Sengupta on Khaleej Times. Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer (CEO) of the Dubai Multi Commodities Centre (DMCC), is a…
OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…
Dubai Multi Commodities Centre (DMCC) has revealed crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its highest quarterly performance since inception. One of the…
Simba Storage, the first token in the world released for Satoshi Bitcoin, receives a crypto storage license from DMCC, the UAE’s free economic zone. The project is a partner of TRES OTC DMCC, which received the first cryptocurrency trading license in Dubai. Following in the footsteps of a partner company, Simba Storage, based in Switzerland,…
iBLOXX Proprietary Trading DMCC, a fintech trading firm based in Dubai, announced last week that they had been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for various instruments across traditional and crypto commodity markets. “This license…
Dubai Multi Commodities Centre’s (DMCC) new crypto-focused Future of Trade report highlights growing opportunities for global trade’s $260.9 billion decentralized finance (DeFi) sector. Focused on DeFi, the report examines the key opportunities and challenges that the growing technology faces and how DeFi can bolster global trade. The thought leadership report series of DMCC – the…