UAE to save $2.9 billion annually with AI

Artificial intelligence and blockchain technologies will enable the UAE government stands to save $2.9 billion (AED 11 billion) in economic return and $105.9 million (AED 389 million) in government documents alone per year, according to AI Minister Omar bin Sultan Al Olama

UK lawmakers

Abu Dhabi proposes regulatory framework for crypto assets

The Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (FSRA) has recently proposed a legislative framework to bring order to the crypto asset markets in the region, including new rules governing exchanges, custodians and other intermediaries.

Saudi creates first professional eSports league

The Saudi Arabian Federation for Electronic and Intellectual Sports (SAFEIS) has announced the signing of a memorandum of understanding (MoU) with the Saudi Arabian Football Federation to develop the first Electronic Saudi Professional League (ESPL).

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