The Rise of Crypto Apps in UAE: A Surge in Downloads Amidst User Retention Challenges The United Arab Emirates (UAE) has recently witnessed a significant surge in the download of cryptocurrency apps in 2024. As the world of digital currencies continues to expand and gain mainstream acceptance, it comes as no surprise that individuals in […]
Billion-dollar AI investment agreed between France and UAE
Billion-dollar AI Investment Agreed Between France and UAE In a groundbreaking move aimed at fostering innovation, talent development, and cloud sovereignty, France and the United Arab Emirates have forged a strategic partnership in the field of Artificial Intelligence (AI). This billion-dollar investment is set to not only strengthen the ties between the two nations but […]
Changpeng Zhao Claims UAE Holds $40 Billion in Bitcoin
In a striking statement, Changpeng Zhao, the CEO of Binance, one of the world’s leading cryptocurrency exchanges, recently claimed that the United Arab Emirates (UAE) holds approximately $40 billion in Bitcoin. This assertion has sent ripples through the crypto community, igniting discussions about the burgeoning cryptocurrency market in the Middle East and the UAE’s position […]
Ericsson and e& UAE Forge a Path Towards 6G Innovation
In a significant move for the telecommunications sector, Ericsson and e& UAE have entered into a partnership aimed at advancing 6G technology. This collaboration, formalized through a Memorandum of Understanding (MoU), signals a proactive approach to shaping the future of mobile networks in the United Arab Emirates (UAE). By focusing on technical discussions and key […]
UAE Invests in Autonomous AI to Boost Energy Efficiency
In a landmark initiative, the United Arab Emirates (UAE) is set to revolutionize its energy sector through the integration of autonomous artificial intelligence (AI). This strategic move is largely driven by Abu Dhabi National Oil Company (ADNOC), which has partnered with G42, Microsoft, and AIQ to harness the power of highly autonomous agentic AI. CEO […]
UAE to Launch New Legal Framework for DAOs
The United Arab Emirates (UAE) is on the verge of a pivotal development that could reshape its digital economy. The Ras Al Khaimah Digital Assets Oasis (RAK DAO) is introducing a new legal framework specifically designed for decentralized autonomous organizations (DAOs). This initiative, set for discussion on October 25, represents a significant advancement in the […]