Newsletter: FutureVerse Coinbase joins UAE crypto rush The US crypto giant received a license from Abu Dhabi Global Market in August. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Middle East's EV bet faces reality check The latest warning sign comes from Lucid, the US luxury EV maker majority-owned by Saudi Arabia’s Public Investment Fund, which in early August reported a $1.26 billion second-quarter loss. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Red Sea tech risks resurface An estimated 17% of the world’s internet traffic and 90% of Europe-Asia communications traverse submarine cables in the Red Sea. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Nuclear tech tensions Plus, the Middle East’s expertise in pioneering cooling technology, OpenAI’s move into Israel and more. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Uber's Gulf delivery bet By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse The UAE's new AI advantage By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse The next phase of Middle East tech By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse No ceasefire in cyberspace By Samuel Wendel In Washington, DC, reporting on regional business and tech
American VC fund 500 Global comes to Egypt despite tech downturn Some startups in Egypt are struggling, which is part of a wider regional trend. Egypt
Saudi Arabia approves two new AI companies Saudi Arabia and the UAE are both intent on growing their artificial intelligence sectors. Legacy: Gulf
Abu Dhabi launches new cryptocurrency hub despite downturn Despite a global slump, cryptocurrency is growing in the UAE in line with the government’s diversification goals. Legacy: Gulf
Binance CEO takes heat at Abu Dhabi event after FTX fall Changpeng Zhao maintained that crypto is the future, despite cryptocurrency exchange FTX filing for bankruptcy last week. Legacy: Gulf
Israel’s OurCrowd invests in a $60 million AI hub in Abu Dhabi The Israeli investment platform will build on the UAE's efforts to become a world leader in artificial intelligence and attract more futuristic technology companies to the country. Legacy: Gulf
Abu Dhabi Global Market adopts blockchain for courts The move comes amid other financial changes in the Gulf state. Blockchain technology is also used for cryptocurrency. Legacy: Gulf
UAE’s Masdar thinks Africa poised to be hydrogen hub The African continent has a lot of potential to produce hydrogen as an energy source, but there are also many challenges, according to some observers. Legacy: Gulf
Kurdcoin founder says lack of regulation crypto's big challenge in Iraq Al-Monitor interviewed Abdurrahman Bapir, who heads Iraq’s first cryptocurrency exchange, on the appeal of cryptocurrency in Iraq and the Kurdistan Region and how the crypto crash has affected the domestic market. Iraq
Germany’s Deutsche Bahn announces Egyptian high-speed rail deal at COP27 Egypt’s railway system is notorious for safety issues and German's expertise promises to help. Egypt
A reality check looms for Middle East's tech startups Samuel Wendel In Washington, DC, reporting on regional business and tech
Bahrain’s CoinMENA to facilitate real estate payments via cryptocurrency The agreement with Carlton Real Estate only applies to certain coins. Cryptocurrency’s utility is increasing in the Gulf. Legacy: Gulf
Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital and spur startup growth. Iraq