Skip to content Skip to Search
Skip navigation

UAE blockchain firm links with powerhouse Roland Berger

By Pramod Kumar
Blockchain allows secure transactions of cryptocurrencies such as Bitcoin Creative Commons
Blockchain allows secure transactions of cryptocurrencies such as Bitcoin

Crypto Oasis, a Dubai-based organisation claiming to represent more than 1,000 startups and stakeholders in the blockchain industry, has formed an alliance with management consultancy Roland Berger to help grow the Middle East’s crypto economy.

The strategic tie-up will combine Roland Berger’s industry-leading management consulting expertise with Crypto Oasis’s talent, innovation and infrastructure, the two parties said today.  

“Our ecosystem members will have access to [Roland Berger’s] world-class management consultancy that will support them as they embrace the opportunities to transform their business and use blockchain solutions,” said Crypto Oasis’s founder Ralf Glabischnig.

“With Roland Berger’s strong presence among governments and corporations, we expect this partnership to help us develop meaningful connections with them.”

“Crypto Oasis has a strong ecosystem network of organisations that are breakthrough innovators and are leapfrogging ahead,” added Pierre Samaties, a partner at Roland Berger who leads the firm’s global crypto economy team.

“As we assist companies in their journey towards the crypto economy, it is vital to have access to the latest innovation and talent in this fast-moving space.”

Under the agreement, the two companies will work to release thought leadership reports to further education and inform the market of the evolving world of blockchain, among its other work, he added.

Blockchain is an electronic transaction-processing and archiving system that its proponents say allows parties to track information in a highly secure digital system.

It is the underlying software enabling transactions of cryptocurrencies such as Bitcoin but it can also be used to facilitate more conventional transactions such as property sales and other contracts.

The Middle East and North Africa region (MENA) is looking to blockchain and other types of fintech to help diversify their economies and keep pace with global digital trends.

Crypto Oasis is a venture building company which aims to build the blockchain ecosystem in the UAE and across the rest of MENA by working with startups, governments, funders, researchers, service providers, corporates, and other stakeholders.

It has identified more than 1,000 organisations involved in the blockchain industry in the UAE alone and aims to grow that figure to 1,500 across MENA by the end of this year, according to its website.

Roland Berger is an international management consultancy and strategic advisory firm headquartered in Munich and with offices in 52 countries.

It has identified an opportunity to align itself with the fast-growing crypto segment in the MENA region and is working with investment funds, companies and governments to connect them to blockchain-based firms. 

Its recent work includes acting as the strategic advisor for a regional bitcoin mining facility and the set-up of a tokenised green asset exchange.  

The collaboration with Crypto Oasis will be “mutually beneficial” and aim to help clients develop specific cryto economy strategies, and identify use cases and investment opportunities to grow the Middle East’s blockchain space.

Latest articles

Sainsbury's has the second-largest share of the UK grocery market, at 15 percent, behind Tesco at 28 percent

Qatar to reduce stake in UK supermarket Sainsbury’s

Qatar’s sovereign wealth fund is selling part of its 15 percent stake in the British supermarket Sainsbury’s as the fund pushes ahead with expansion in the United States and Asia, particularly China and India. Qatar Investment Authority (QIA), the biggest shareholder in Sainsbury’s, is selling £306 million ($399 million) worth of shares in the retailer, […]

Shoppers in Kuwait's Avenues Mall – the IMF says the country needs to encourage private sector employment

Kuwait needs to push reforms for economic growth, says IMF

Kuwait must accelerate the introduction of fiscal and structural reforms that are needed to increase private sector-led growth and diversify its economy away from hydrocarbons, the International Monetary Fund said on Friday. Kuwait’s economy will contract by 3.2 percent this year because of an Opec+ oil production cut, but will grow by 2.8 percent in 2025 […]

Thani Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates, (UAE) speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 15, 2021. REUTERS/Brendan McDermid Dr Thani bin Ahmed Al Zeyoudi, the UAE’s minister of state for foreign trade, said 'Malaysia offers substantial opportunity for our exporters, industrialists and business leaders' UAE Malaysia Cepa

UAE and Malaysia sign Cepa to increase bilateral trade

The UAE and Malaysia have signed a free trade deal, bringing the number of deals the Gulf state has agreed with foreign governments to 12. The comprehensive economic partnership agreement (Cepa) will seek to eliminate or reduce tariffs, lower trade barriers, increase private sector collaboration and create new investment opportunities, the two countries said in a […]

Modern buildings in the city center of Riyadh, Saudi Arabia

Riyadh leads Saudi Arabia’s hot property market

Strong population and employment growth in Riyadh is driving a surge in real estate transactions as new properties cannot come on the market fast enough. A dramatic rise in the number of deals in the 12 months to the end of June was also visible in Jeddah and Dammam, according to a report this week […]