Tag: UAE

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…

As the metaverse disrupts the existing technological landscape, Rob Gryn, CEO of Dubai-based startup Everdome, told Gulf Business how Everdome and Metahero are on a journey to create something the world has not seen yet. Mark Zuckerberg once said, “Today, I think we look at the internet. But in the future, you are going to…

Some Dubai universities are joining crypto credibility campaigns designed to help UAE students be aware of blockchain and cryptocurrencies. It will positively engage students to help them gain a stronger understanding of the technology and lift their confidence in using crypto. According to YouGov’s report, 68% of young adults within the age group of 18-24…