Swiss based Hashgraph association has partnered with UAE du telecom to harness the potential of the Hedera Blockchain to offer secure traceable and scalable solutions for enterprises. du and the The Hashgraph Association will provide innovative blockchain solutions to small and medium-sized enterprises (SMEs), governmental institutions, and municipalities by leveraging the efficiency of Hashgraph on a decentralised, public network, the Hedera Distributed Ledger Technology ensures a trusted and reliable foundation for the newly developed solutions. Target sectorswill include manufacturing, healthcare, education, smart cities, and agriculture, catering to a wide range of industries seeking secure and efficient applications. Notably, Hedera stands out as the greenest proof-of-stake network according to UCL research, aligning perfectly with du's commitment to providing sustainable solutions. Prior to this Kuwait based Zain telecom group had joined Hedera as one of their governi...

  Dubai regulated virtual asset broker and exchange TOKO FZE a creation of international law firm DLA Piper, has partnered with   Virtuzone, a pioneer in business solutions and corporate services for the region. The partnership will include the establishment of a tokenized equity crowd funding platform will further cement Dubai’s standing at the forefront of financial innovative and as a destination for early stage and fast growth companies seeking a supportive business environment. TOKO has just received a fully operational license from Dubai’s Virtual Asset Regulatory Authority (VARA). The partnership with Virtuzone is set to transform early-stage private equity fund raising using blockchain technology to bring enhanced transparency, accessibility, and opportunity for both investors and the businesses seeking to raise funds. Across a variety of compelling businesses, investors will have greater insight, information and access to private equities for their portfolio and ...

  Saudi’s fintech entity Geidea just announced that it has partnered with UAE based Blockchainenabled payments platform Magnati, and FAB ( First Abu Dhabi Bank) to offer digital payments in KSA, this comes after Geidea had partnered with Blockchain payments platform WadzPay in 2022. As per the recent announcement, The collaboration has the potential to be transformative in the Saudi payments space and is set to create exceptional value for clients, bridging the gap between advanced financial solutions and accessibility, while ensuring enhanced affordability, said the statement. With a focus on innovation and technology, Magnati offers Payment as a Platform services that cater to a wide range of industries and businesses, encompassing integrated payment solutions, secure transaction processing, and comprehensive e-commerce solutions. Launched in the Kingdom of Saudi Arabia in 2008, Geidea provides over 700,000 payment terminals (POS) across the region and serves over 139,000 t...

  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...

    DEX ( decentralized exchange) layer for retail Web3 applications has partnered and received funding from UAE based Cypher Capital VC fund to grow Native’s financial Web3 offering in the MENA region. Native offers a game-changing solution that transforms exchanges into an integrated feature. With Native, any application can swiftly transform itself into a fully functioning exchange, seamlessly integrating top-tier liquidity providers and generating substantial trading fees. This strategic partnership will provide Native with the necessary resources to advance its product development efforts, placing a strong emphasis on flexibility, modularity, and interoperability. Bill Qian, Chairman of Cypher Capital, expressed his enthusiasm for the partnership, stating, “We are delighted to invest in Native, an innovative financial infrastructure layer. Native’s exceptional capability to empower applications to establish their own exchanges in minutes, seamlessly integrate top-...

    UAE Halliday Growth, a non-bank trade finance provider has partnered with Blockchain entity InvoiceMate to offer Blockchain AI powered invoice financing in the UAE. The agreement was signed during the World Token Summit 2023 held in Dubai UAE. UAE based, InvoiceMate is a blockchain powered platform for trusted & efficient invoice processing, payments & financing. Speaking to LaraontheBlock Muhammad Salman Anjum, Founder of InvoiceMate, stated, “For us at InvoiceMate, this partnership is very valuable as it brings diversification of experiences to a real venture.” He adds, “Halliday Growth is an established brand with extensive experience in the UAE market. InvoiceMate is eager to share its tech competency to reach the common goal of financial inclusion for MSMEs in the region. Blockchain and AI powered InvoiceMate offers a sustainable solution for working capital problems of the businesses.   We are looking forward to serve UAE together.” Prior to t...

  Ukraine headquartered Hacken, a blockchain security auditor that aims to make Web3 a safer place, has partnered with Dubai Blockchain Center. As per a Hacken team tweet, “ This is a pivotal step towards accelerating blockchain adoption in Dubai and ensuring enhanced security in the tech scene.” Igor Hacken, Business Development Manager at Hacken tweeted , “Very proud moment for hackenclub expanding into the UAE joining the efforts of keeping the blockchain secure with Dubai Blockchain Center and   Dr. Marwan Alzarouni. Stay tuned to learn more about all of our contributions in to the rapidly growing region.” The   collaboration will also include providing   mentoring, education on blockchain security and contributing to the development of regulatory requirements for project licensing. Hacken offers various solutions including smart contract audit, proof of reserves, and others. In February 2023, Hacken researchers identified a bug in the Binance zkSNARK-bas...

    UK based   BeZero Carbon has partners   with UAE Blockchain security token platform for carbon credits ACX (formerly known as AirCarbon Exchange) to host its carbon credit ratings on ACX’s Abu Dhabi exchange - bringing transparent carbon ratings to a new audience in the Gulf States. The ACX Abu Dhabi exchange is the world’s first fully regulated carbon trading exchange built on blockchain. All users of this exchange will now be able to access BeZero’s Carbon’s ratings for carbon offset projects in real time, allowing them to make informed decisions about carbon credit quality before investment. This new partnership expands on an existing partnership between BeZero and ACX, which saw BeZero’s ratings hosted on other ACX platforms across the world. BeZero’s risk-based ratings are essential to scale investment in the Voluntary Carbon Market, providing market participants with the information they need to make informed decisions about carbon credit investment...

  The Blockchain Research Institute – Middle East (BRI-ME), the exclusive partner of The Blockchain Research Institute, an independent, global think tank, dedicated to exploring and sharing knowledge about the strategic implications of blockchain on business, government, and society co-founded by Dr Don and Alex Tapscott, has signed a partnership agreement with KSA based IR4LAB, a Saudi-based company specialized in disruptive technologies such as Blockchain and Artificial Intelligence, to develop and spread the blockchain adoption in Saudi Arabia and the MENA region. The signing ceremony was held under the auspices of the Saudi Arabia’s Ministry of Communication and IT (MCIT) in Center of Digital Entrepreneurship (CODE) Riyadh headquarters. In attendance live from Canada was Dr Don Tapscott, well renowned global blockchain author and expert, and founder of BRI. Key representatives from several Saudi governmental and private entities were present including MCIT, Communications s...

  UAE based NEXT IT & Systems partners with U.S. based IDD Lab   to revolutionize solutions for multiple industries by leveraging   Blockchain Technology. NEXT IT & Systems, a prominent software development group, has joined forces with IDD Labs, a leading blockchain technology group based in USA, to develop cutting-edge blockchain solutions aimed at enhancing identity across diverse sectors, including supply chain, KYC/AML, payments, and more. IDD Labs, a software technology group with specialization in blockchain, played an instrumental role in launching the identity-based Accumulate network, which went live November 2022, and is a hard fork of Factom - a blockchain network which has been running successfully since 2016. "As the CEO of Next IT & Systems, I am thrilled about our partnership with IDD Labs," says Shaik Hamdan. "This collaboration represents a pivotal moment in our journey towards revolutionizing the market and driving the widespread adopti...

    Global crypto exchange ByBit has partnered with UAE’s DMCC freezone to offer financial support totaling $136,000 for new crypto businesses looking to set up in the DMCC crypto center. Bybit's pledge of financial support in the amount of $136,000 will be used to kickstart the growth journeys of 15 new Web3 companies at the DMCC Crypto Centre. To qualify for this opportunity, start-ups must successfully pass the standard compliance and due diligence checks required by DMCC. Bybit will become the listing partner for the Crypto Centre, with the company providing dedicated support for crypto firms looking to list digital assets on one of the top global exchanges. Additionally, the partnership will bring Bybit Services to Crypto Centre members. Bybit currently has its headquarters in Dubai UAE and boasts of 15 million users. Bybit will also participate in the DMCC Crypto Centre’s educational initiatives by delivering webinars and educational courses about the digital ...

  UAE Blockchain firm, O1X, and cloud based AI gaming entity, The Game Company has partnered to create a decentralized economy within the Game Company's cloud-based AI platform, transforming the way users are rewarded for their active participation and engagement on the platform. The collaboration brings forth player-driven curation for esports tournaments, restructuring the competitive gaming industry. Players take an active role in creating the gaming experience when they have the ability to design and manage tournaments. According to the news,this taps into a booming business, taking advantage of the enormous expansion of the global esports market, which is projected to reach USD 6.75 billion by 2030. Through the decentralized nature of the platform, tournament hosts can establish their own rules, formats, and reward structures, creating a dynamic and diverse competitive environment. Osman Masud, CEO of The Game Company, shared his excitement, stating, "Our collaborat...

    After a meeting between UAE’s UAE Minister of State for Foreign Trade Thani AlZeyoudi and the Founder of Iota, Dominik Schiener, the IoTa Blockchain platform has now been ushered into the UAE’s digital ecosystem. In a tweet on May 25 th 2023, Minister Al Zeyoudi states, “Great to meet Dominic Schiener, Co-Founder and Chairman of IOTA and explore ways to introduce their open source blockchain solution to the UAE’s digital ecosystem. With its ability to power a wide range of sectors, it could play a vital role in our advanced technology ambitions.” This was followed by a tweet by Schiener who replied, “Thank you so much for meeting us Your Excellency Dr. Thani. It's really inspiring for us to speak with such welcoming and sophisticated leaders like you in the UAE. We are committed to play a key role in the UAE's continued digital transformation and economic growth.” IOTA is an open-source distributed ledger and cryptocurrency designed for the Internet of things (IoT...

  UAE based Web3 Launchpad and consultancy firm has become the Launchpad partner for Boba network to bolster the gaming industry. Together both entities will leverage the strengths and expertise of both organizations. EnjinStarter’ s renowned reputation for providing robust Launchpad services combined with Boba Network's cutting-edge blockchain technology promises to usher in a new era of innovation and growth. Announced during 6th Scale event in UAE, EnjinStarter and Boba network shed light on the transformative potential of decentralized gaming. The panelists shared their insights and perspectives on how blockchain technology can drive sustainability , interoperability, and immersive experiences within the metaverse. Both entities also announced the launch of a new Blockchain gaming project. EnjinStarter has already supported 70 projects since inception raising a total of $10 million. Since then they have expanded into the MENA region because of its good regulatory environm...

    In a recent announcement, UAE’s DMCC (Dubai Multi Commodities Center), partnered with USA based ANKR, an enterprise blockchain infrastructure and services provider. As per the partnership, they will provide support for over 550 Web3 member businesses in DMCC crypto center through development of innovative products, infrastructure and advisory incubation.   Ankr's solutions will be made available to businesses within the DMCC Crypto Center, empowering them with access to a wide variety of products and services, such as application-specific blockchain engineering, node infrastructure, Web3 gaming solutions, NFT marketplace solutions, staking, and decentralized finance products. These offerings will enable businesses to fast-track their development and go to market with every resource they need to thrive in emerging Web3 ecosystems.   "The partnership with the Dubai Multi Commodities Center is a testament to our commitment to drive the global proliferation...

  KSA based Nine66, a Savvy Games Group company and South Korean Blockchain game developer Wemade jointly participate in the first edition of University Gamedev League which finals will be held in Riyadh KSA. The University Gamedev League is a competition for university student game developers from across the world. Over 50 teams from 30 universities and 10 countries have registered to participate in the five-month contest. The initiative provides a unique opportunity for aspiring game developers to showcase their talents, collaborate with others, network, and receive mentorships from globally recognized gaming experts. The top two teams will fly to Riyadh in Saudi Arabia, to compete in the final held during Gamers8, an esports tournament and gaming festival which runs for eight weeks and previously gathered over 1.5 million visitors in 2022. This partnership comes after the two entities signed Memorandum of Understanding (MOU) between Wemade and Nine66 and is in line with b...

  YallaMarket, a Dubai grocery delivery service has announced it intends to embrace crypto payments and utilized Binance Pay and IvendPay for their solution.  Leo Dovbenko, CEO and co-founder of YallaMarket and YallaHub, commented: "YallaMarket and YallaHub are based in the UAE, a global hub of financial technology, so we couldn't stand aside. Moreover, our product development strategy is focused on our customers' evolving demands. Thanks to Binance and ivendPay, we will be able to stay agile, adopt new payment technologies, and focus on providing the best customer service possible."  Cryptocurrency payments offer many opportunities for businesses and users alike. As more merchants and consumers adopt this method of making everyday purchases, we will see continued growth and innovation in this space. This comes after Binance onboarded international payment service ivendPay, as a global cryptocurrency payment gateway for Binance Pay – a contactless, borderless, and sec...

  Over the years, UAE SEED Group has partnered with several or more blockchain and crypto entities as part of its business development activities for the region. Recently SEED Group has partnered with Canadian Blockchain Web 3.0 metaverse company TerraZero technologies, as well as with Farm to Plate , a blockchain-powered SaaS platform built to empower the food supply chain with end-to-end transparency and trust.   As part of the partnership with TerraZero, Seed Group will help bring its services to SMEs and businesses in the UAE and the Middle East and help them make inroads into the high-potential world of Metaverse. In reflecting upon the partnership, Hisham Al Gurg, CEO of Seed Group and the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, states, "The Metaverse will become an integral part of all businesses sooner than we realize. The launch of the Dubai Metaverse Strategy was a major step in the direction of turning Dubai into one of the world's top 10 Metaverse ...

    Canadian, Spirit Blockchain Capital, an entity operating in the Blockchain and Digital Asset sectors with the primary goal of creating value in a rapidly growing environment through recurring cash flows and capital appreciation and UAE based Masary Capital, consulting platform for blockchain and metaverse, sign MOU to partner to bring DeFi, Web3, and crypto asset management services in UAE.   Masary Capital will allow Spirit Blockchain to provide an optimal environment for global Blockchain enterprises and growth for Spirit’s shareholders. Under the strategic partnership agreement, Spirit will leverage its relationship with Masary Capital to grow its presence in the Middle East and it will use Masary Capital as the advisory provider with respect to any potential growth within the region. In addition, Spirit will support Masary Capital’s Dubai Blockchain and Metaverse Strategy by providing assistance for important Web3 infrastructure projects, including public ...

  UAE Ghaf Labs, sister company of Ghaf Capital Partners, a premier blockchain consultancy and incubator firm based in the Middle East, focused on cultivating and fostering dynamic startups in the blockchain domain and Republic Crypto, a global blockchain firm that provides end-to-end white glove advisory services to accelerate the best crypto companies from seed to liquidity, have partnered in UAE to offer consulting, acceleration services to blockchain and Web3 entities in MENA. Obtaining a license from the DIFC in 2022, Republic Crypto is now extending its tech advisory services to the UAE market. This is the first step towards its plan to deliver its full stack of products and services with an intention to enrich and further develop the local and regional web 3 landscape. The company is also committed to contributing to the regional regulatory framework by collaborating with all relevant governmental entities, starting within the UAE. Republic Crypto is bringing its experie...