News with the tag "Middle East"

Is debt collection stuck in the dark ages? For many in the Middle East and North Africa (MENA), the answer is a resounding yes. Imagine outdated processes, costly inefficiencies, and borrowers feeling harassed – it’s a recipe for disaster in emerging markets. But hold on, a fresh wave of innovation ...

A quick look at the numbers reveals that the Middle East and North Africa (MENA) region has experienced remarkable crypto-related growth over the past year. This is thanks, in large part, to Bitcoin’s meteoric 120% rise (through 2024) which catapulted the sector’s market cap to a little under $3.8 t...

The world of generative AI is rapidly evolving, and the latest exciting development comes from Paris-based startup Mistral AI. Known for pushing boundaries in large language models (LLMs), Mistral has just unveiled a game-changing innovation: Mistral Saba, a custom-trained model specifically designe...

Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East.

BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services.

DWF Labs is already a resident of Dubai’s Dubai Multi Commodities Centre. It wouldn’t be the first crypto firm to have a presence in both emirates, however.

Singapore Gulf Bank looks to sell equity stakes to fund product expansion and a 2025 stablecoin payments acquisition.

Tether completes the first USDT oil transaction in the Middle East, funding a $45 million crude oil shipment, highlighting its role in global trade finance innovation. Read original article on coincu.com

AI and IoT Startups Drive Smart City Development in the Middle East and Africa The Middle East and Africa (MEA) region is rapidly emerging as a leader in smart city development, driven by AI and IoT startups focused on solving urban challenges through sustainable technology. As cities across MEA fac...

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major...