Dubai South, property developer and free zone, has completed a blockchain integration with Dubai Customs, making it the first free zone in Dubai to achieve this milestone. As part of Dubai’s ecommerce strategy, Dubai South will utilize blockchain integration to enhance its ecommerce operations reducing timeand costs by autor generating declarations and streamlining the tracking and processing of orders. The automated processes further bolster efficiency, while the new gate pass stamping method for entry and exit enhances information accessibility. RHS Logistics, a UAE-based local entity with robust commercial and business expertise offering a full range of logistics and supply-chain solutions, and FirstCry, UAE’s leading online store for children's products, became the first companies in the Logistics District to onboard and initiate blockchain in their processes. Subsequently, other companies in the Dubai South free zone are in the process of adapting blockchain technology...

  UAE based RAK Digital Assets Oasis (RAK DAO) and Blockchain AI empowered platform Humans.ai   have partnered to drive artificial intelligence innovation in the Ras Al Khaimah (RAK) UAE. The Memorandum of Understanding (MOU) signifies the launch of an operational collaboration that will reshape AI technology within the world’s first Free Zone dedicated to global digital and virtual asset companies. The strategic alliance aims to provide exclusive incentive packages to the first AI-focused companies establishing themselves in RAK DAO. These companies will gain access to RAK DAO’s partner ecosystem, offering services like toolkits, Dapps, tech solutions (including Humans.ai), investment opportunities, venture capital partners, banking, and licensing. This partnership intends to create a robust blockchain framework that empowers AI companies in RAK DAO. This framework ensures secure governance and operation of AI models while maintaining transparency. Additionally, companies...

  The Government of Ras Al Khaimah (RAK) will be launching the RAK Digital Assets Oasis free zone dedicated to digital and virtual asset companies for non regulated entities. So the UAE now has two crypto Blockchain Oases, one in DMCC for regulated blockchain and crypto entities and one in RAK for non regulated. The new oasis will be launched in Q2 of 2023.  Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi, Chairman of RAK ICC and Chairman of RAK Digital Assets Oasis said,   “We are proud to further the UAE's position as a primary destination for innovation with the launch of RAK Digital Assets Oasis. We are building the free zone of the future for the companies of the future. As the world's first free zone solely dedicated to digital and virtual asset companies, we look forward to supporting the ambitions of entrepreneurs from around the world with our progressive, supportive, and quick-to-adapt approach, and our innovation-enabling environment.” Making the announc...