Tag: UAE

Majid Al Futtaim (MAF), a UAE-based shopping conglomerate, has partnered with crypto exchange and blockchain infrastructure provider Binance, that will provide MAF to harness Web3 technologies to future-proof its business. The deal will allow customers to purchase with crypto at MAF’s businesses. Even with the latest decline in the crypto market, blockchain technology is rapidly…

Actively pushing reforms and policies in the field of digital technologies, the UAE has conducted Metacon, the two-day event held at The Arena, Dubai World Trade Centre. The event aimed to help the building of a fast-growing Web3 community in the UAE, exhibiting the abundant opportunities of the metaverse on May 27-28. The UAE is…

While cryptocurrencies are receiving a mixed reception around the world, Dubai is doubling down on its efforts to place itself at the front and center of the technology, writes Lara Williams on Investment Monitor. The news that United Arab Emirates’ (UAE) national airline, Emirates, plans to accept payment in Bitcoin is a defining moment in…

MBC Group has signed a strategic partnership with the region’s largest crypto-asset exchange BitOasis to drive customer awareness and adoption using MBC Group’s TV channels and digital platforms. “We’re witnessing the fast speed at which our region is embracing and adopting the blockchain and Web 3 technologies,” Fadel Zahreddine, group director of emerging media at…

India, Hong Kong, and the UAE are the top three locations where play-to-earn games are most popular. In a recent study, Finder estimated that 34% of the Indian respondents had played play-to-earn (P2E) games, Hong Kong ranked second with 29%, while the UAE held the third position with 27%. According to Finder’s NFT Gaming Adoption…

Food and beverage outlets in the UAE are starting to take payments in cryptocurrencies as the sector takes to cutting-edge tech and smart payments. For now, 6% of UAE consumers are okay with doing so with crypto. But UAE consumers want these businesses to tackle some legacy issues as well, not least having to wait…