Future Blockchain Summit 2023 to fuel Web3 revolution

Future Blockchain Summit 2023, the premier global blockchain exhibition, will kick off on 15th October at its new venue, Dubai Harbour. The Middle East’s largest superyacht hub will welcome the entire blockchain and crypto ecosystem, gathering more than 150 exhibitors, regulatory authorities, and governments from over 50 countries. The Summit will conclude on 18th October, […]

Feriglobe records block trading deal of $101.08mln

    The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 371.35 million on the shares of Feriglobe, a joint venture (JV) between ADNOC and OCI. The transaction was carried out on 65.15 million of the company’s shares, equivalent to 0.8% of the UAE-based company’s shares, according to recent official data. […]

UAE: Collaboration, not competition, creates wins for neobanks, say CEOs

  Digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services to customers in the UAE. Although some of the worst pandemic forecasts have not yet materialised, banks continue to face long-term revenue pressure and tighter competition. The opportunity to fast-track banking transformation has never been […]

Abu Dhabi-listed telecom firm e& forays into NFTs

UAE telecommunications firm e&, formerly known as Etisalat Group, announced on Wednesday the launch of its first set of non-fungible tokens (NFTs), marking its foray into the digital assets space. A first by a technology and investment conglomerate in the Middle East, the NFTs will be distributed selectively, the company said, citing that it will […]