UAE and Seychelles Boost Parliamentary Cooperation

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  In a step toward deepening international collaboration, the UAE Parliamentary Friendship Committee recently held a pivotal meeting with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles. The agenda: enhancing parliamentary cooperation and forging stronger bilateral relations between the two nations. The dialogue, marked by mutual respect and shared interests, focused on the importance of inter-parliamentary exchange in fostering diplomatic and developmental ties. Both sides emphasized the need for collaborative approaches to global challenges such as climate change, economic diversification, and sustainable development — issues that resonate deeply with both countries given their strategic geographic locations and shared ambitions. Waven William lauded the UAE’s rapid progress in governance and innovation and expressed interest in learning from the UAE’s successful models of economic and social development. The UAE representa...
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Coinbase Considers UAE as Potential Hub for Cryptocurrency Expansion

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UAE

Also read :During the G7 Summit, the President of the UAE has requested for joint measures pertaining to Artificial Intelligence and Energy.

Coinbase, one of the world's leading cryptocurrency exchanges, is considering establishing an international hub in the United Arab Emirates (UAE), according to the company's CEO, Brian Armstrong. The move is seen as a significant development in the growing demand for digital assets in the region.

Also read :Collaboration of AI between the United Arab Emirates and US

The UAE has been actively promoting its position as a fintech hub, with a strong commitment to technology and innovation. Its favorable regulatory environment and stable economy make it an attractive destination for companies looking to expand their operations.

Also read :UK Prime Minister on G7 Summit

The potential establishment of a Coinbase hub in the UAE would provide a significant boost to the country's fintech ecosystem. The move would also position the UAE as a leading player in the global cryptocurrency market.

The UAE's strategic location between Asia and Europe makes it an ideal location for Coinbase to expand its global presence. The move by Coinbase to weigh the UAE as a potential international hub is a clear indication of the country's growing importance in the global cryptocurrency market.

Also read :The UAE is increasing its aid efforts in Gaza with its 238th flight to Al Arish

Coinbase's potential move to establish a hub in the UAE would further enhance the country's reputation as a destination for technology and innovation. It would also attract other major players in the cryptocurrency space, further bolstering the country's fintech ecosystem.

Overall, Coinbase's consideration of the UAE as an international hub is an exciting development for the region and is likely to have a significant impact on the country's growing fintech industry. The move demonstrates the increasing demand for digital assets in the region and the UAE's commitment to innovation and technology.

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