Analysis New deal allows Abu Dhabi to tap into global tech talent pool Abu Dhabi’s latest partnership agreement, part of its $545 million Innovation Programme, will help address urgent skill shortages in the technology sector and widen access to the global talent pool. The Abu Dhabi Investment Office (ADIO) yesterday announced a partnership with global in-house centre consulting firm ANSR and artificial intelligence-powered talent sourcing platform Talent500. ADIO […] June 10, 2022
Analysis Banking & Finance Crypto crash was ‘a blessing’, admits Sarwa founder Should everyone own cryptocurrencies? “No, definitely not,” Mark Chahwan, co-founder of Sarwa, told AGBI exactly a week after the investing and personal finance platform introduced the option to trade cryptocurrencies. The firm said in a statement that Sarwa Crypto will offer commission-free trading of the world’s four most recognised cryptocurrencies – Bitcoin, Ether, Litecoin, and Bitcoin […] June 9, 2022
Analysis Crypto users turn to chatbots in crisis UAE-based crypto exchange BitOasis has seen the number of interactions with its chatbot surge from about 300 late last year, to nearly 3,000 this year after Bitcoin’s violent crash – a total rise of 1,400 percent. Bitcoin, the world’s most valuable cryptocurrency, has more than halved since hitting its all-time high of $69,000 in November […] June 7, 2022
UAE blockchain firm links with powerhouse Roland Berger 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 […] June 6, 2022
Tourists attracted to glitzy world of Real Housewives of Dubai The reality TV show is expected to lure 'undecided leisure tourists' to the UAE, though its first episode has sparked a backlash in Dubai June 6, 2022
Retail Beware the NFT bandwagon, crypto lawyer warns shoppers As Gulf retail brands venture into non-fungible tokens (NFTs), customers need to be careful not to fall for fear-of-missing-out (FOMO) syndrome, and jump on the digital bandwagon without fully understanding what they’re buying into, a leading cryptocurrency and blockchain lawyer has said. Her warning comes as Dubai-based retail giant Majid Al Futtaim (MAF) and blockchain […] June 2, 2022
Opinion Indian Web3 startups migrate to the UAE The co-founder of one of MENA’s top tech policy firms explains why Indian crypto and Web3 companies are being drawn to Dubai June 1, 2022
Exclusive Banking & Finance UK $350m venture capital fund sees Dubai on the Horizon Founder of London-based Digital Horizon targets investment potential in UAE startups London-based venture capital fund Digital Horizon is targeting the UAE for growth, with investments in its first Dubai-based startups expected to be completed later this year. Alan Vaksman, founder and general partner of Digital Horizon, which has $350 million of assets under its management, […] May 26, 2022
Crypto Oasis smashes Blockchain ambition in the UAE The United Arab Emirates has set a new goal to attract 1,500 Blockchain-related entities by the end of 2022, after achieving its initial target of 1,000 seven months early. In January 2020, at the World Economic Forum in Davos, the Dubai Multi Commodities Centre (DMCC) announced a partnership with Switzerland’s Crypto Valley to develop the […] May 25, 2022
Banking & Finance Open all hours: inside the Gulf’s banking revolution The UAE’s first open banking platform is helping fintech and banks bring personalised services to customers, and is accelerating the regional growth of this progressive sector The Gulf has the potential to leapfrog other regions of the world, including Europe, with its adoption of open banking as bricks and mortar branches “slowly disappear”, according to […] May 17, 2022
Analysis Banking & Finance Cryptocurrencies have their ‘Lehman brothers moment’ Despite the crash of cryptocurrency stablecoin ecosystem, retail investors still see the contraction of currencies like Bitcoin as an opportunity As billions of dollars of value are wiped off cryptocurrency markets worldwide, retail investor strategies are diverging from those in the institutional space — the former senses cheap assets, while the latter worries of a […] May 16, 2022
Opinion Banking & Finance A crypto market crash doesn’t have to fill us with dread History shows us that these instances are a pivotal point of positive systemic change May 16, 2022
Opinion Tech Will Dubai win the Web3 race? The co-founder of Tahseen Consulting, one of the MENA’s top tech policy firms, rates Dubai’s chances of becoming a hub for the decentralised web and crypto exchange May 10, 2022