In a significant move for the technology sector, two leading players in the semiconductor industry, Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics, are exploring the possibility of establishing chip factories in the United Arab Emirates (UAE). This development could represent an investment exceeding $100 billion, underscoring the UAE’s ambition to become a central hub […]
UAE Firms Can Now Access Custodial Risk Insurance
As the digital landscape continues to evolve, the introduction of custodial risk insurance in the UAE signifies a monumental step for the country’s businesses navigating the complexities of the cryptocurrency and Web3 environments. Recently, the Central Bank of the United Arab Emirates (CBUAE) approved this innovative insurance product, which is designed to protect digital asset […]