Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.

Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
The Sharjah Entrepreneurship Center (Sheraa) showcased its newest cohort in front of leading investors, key opinion leaders and heads of government entities, and announced the winner of the $50,000 Accelerator Program Grant at a Ramadan majlis, earlier this week.
The Dubai Electricity and Water Authority (DEWA) has recently signed partnerships with three start-ups to work with them in the 4th Dubai Future Accelerators Programme.
Etisalat Digital has announced that it has signed strategic partnerships with four scale-ups as part of the ‘Dubai Future Accelerators Program,’ the world’s largest government supported accelerator.
startAD, the innovation and entrepreneurship platform anchored at New York University Abu Dhabi (NYUAD), announced NEURAi as the winning startup of the hardware Venture Launchpad.
The US-based platform for freelancers and entrepreneurs is also the first blockchain project to be accepted by Oracle Startup System making it the official partner of Oracle Corporation.
UAE-based classifieds portal Alawooz.com has reportedly raised $13.6 million (AED 50 million) in investments.
The Museum of the Future has launched a new six-week accelerator programme designed to attract technology companies that can provide new solutions for futuristic visitor experiences.
Digital startups across the Middle East and North Africa attracted $650 million of funding in 2017, of which 76 percent went to UAE-based startups.
Voicera, an artificial intelligence and productivity solutions company has reportedly acquired Wrappup, which leverages AI technology to power predictive highlights during meetings, and has seen strong user-adoption globally.
Bodyo is a health-tech company that uses an AI-powered full body scanner to empower UAE residents with the necessary insights to become fitter and healthier.