The total e-commerce market value in the UAE reached $5 billion, expected to surpass $8 billion in 2025. Advanced telecommunication infrastructure, proactive government policies and trust in online payments contributed to the growth. In 2021, consumer electronics, apparel and footwear and food & beverages, were the top three verticals by size in the UAE. In […]
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.
Hundreds of exhibitions held across the UAE have provided a platform for new and established UAE artists, as well as inviting artists from other nations across the world to highlight their presence in the UAE.
Emaar Development, the leading property development company in the UAE, has maintained its momentum in property sales throughout the third quarter of 2023.