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.

International arbitration has become a key tool for conducting business in the Middle East and North Africa (MENA) region, especially now that an increasing number of MENA businesses cross regional and international borders.

EZDubai’s launch of the third e-commerce report which shows a double digit growth for the total e-commerce market in the MENA that reached $37 billion, and is expected to surpass $57 billion by 2026.