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Travellers lose appetite for premium products as pandemic changes consumer attitudes Research undertaken by a team from Canadian University Dubai (CUD) has revealed the dramatic impact of COVID-19 on luxury spending among tourists travelling into and out of Dubai. The study demonstrates a notable retreat from the purchase of premium goods as consumers reacted to […]

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Web3 Innovations Reign as MENA’s Largest Hackathon in the UAE Crowns Three Winning Projects

Bybit, the global crypto exchange ranking as the third-largest by volume, has concluded a groundbreaking hackathon in partnership with DMCC Crypto Centre. This collaboration, aimed at promoting the adoption of Crypto and Web3 in Dubai, has resulted in a significant milestone for Web3 innovation. The hackathon, the largest of its kind in the MENA region, showcased the commitment of Bybit and DMCC to drive advancements in the crypto industry. A remarkable USD 110,000 prize pool was dedicated to incentivizing and propelling crypto innovation within the Web3 ecosystem, underscoring the success and importance of their partnership.

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