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MENA region makes strides in digital assets as crypto scene heats up

DUBAI: Crypto has gone mainstream within a very short span of time as the Middle East region is making major strides in digital assets with a slew of new regulatory measures. From luxury fashion to travel to art, crypto is increasingly finding more acceptance across diverse industries, indicating that these new forms of digital currencies are here to stay. With this space
United Arab Emirates Abu Dhabi Abuz Aby Zina Ashour Ola Doudin Virtual Asset Service Providers

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Frankly Speaking: New corporate tax unlikely to affect UAE's competitiveness, says CEO of Dubai Multi Commodities Center

DUBAI: The new tax to be introduced on corporations in the UAE is unlikely to affect the competitiveness of the country’s free zones, the head of the main commodity-trading center in Dubai has told Arab News. Ahmed bin Sulayem, executive chairman of the Dubai Multi Commodities Centre, said: “The feedback I’ve had … (is that the tax) is not applicable to the free zones.
United Arab Emirates Switzerland General Saudi Arabia Ar Riya Abu Dhabi Arnab Neil Sengupta

DMCC becomes second Dubai free zone to target crypto sector

DUBAI: Dubai’s DMCC commodities hub has become the second free zone in the emirate to target the crypto sector. It has launched the DMCC Crypto Center for businesses operating in the cryptographic and blockchain sectors and comes just days after the Dubai Airport Freezone Authority (DAFZA) said it has won regulator approval for the trading of crypto assets. A recent move by the UAE government to legalize full foreign ownership in some sectors of the UAE economy means that some free zones are ...
United Arab Emirates Dubai Airport Freezone Authority Crypto Center Almas Tower Crypto Valley Al Ahsa

Dubai's DMCC opens its new Crypto Centre for crypto, blockchain businesses

Dubai’s DMCC opens its new Crypto Centre for crypto, blockchain businesses The DMCC Crypto Centre aims to be a hub for the development and application of crypto and blockchain technologies May 25, 2021 Dubai based freezone DMCC has launched its new Crypto Centre to support businesses operating in the cryptographic and blockchain sectors. Located in Almas Tower, the DMCC Crypto Centre offers co-working spaces for all types and sizes of crypto businesses, from companies developing blockcha...
United Arab Emirates Ralf Glabischnig Crypto Centre Dubai Airport Free Zone Authority Commodities Authority Crypto Center

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