News

A Line-Up Of Over 100 Shows Comes To Snapchat This Ramadan

Snapchatters can watch a wide range of content, including entertainment, drama, and comedy.

Published

1 year ago

March 25, 2023

a line-up of over 100 shows comes to snapchat this ramadan

As people across the Middle East celebrate the beginning of Ramadan this week, Snapchat has announced a new line-up of over 100 Ramadan shows to be added to the Discover platform, bringing drama, comedy, and more for the holy month. Snapchatters can also browse Spotlight to discover fresh creators and content from across the MENA region and beyond.

snapchat ramadan 2023 discover slate

Snapchat partners on the Discover line-up include the Saudi Broadcasting Authority, Augustus Media, MBC Group, Rotana Media Group, Dubai Media Inc, 7awi Group, Alfan Group, and more. Snap Inc. has revealed that shows will include “Netflorex, THAT, and Marahel, as well as MBC’s highly anticipated show Tash Returns, Studio 23, and prank show Ramez Never End”.

Snapchat’s Discover and Spotlight will also feature creator content from Saudi legacy Creator Bader Saleh, Ahmad Alzahabi’s cooking show “The Golden Balance”, and Muslim Girl, a US-based award-winning creator empowering Muslim women worldwide.

Also Read: ChatGPT Is Accelerating The AI Revolution In The Middle East

“This Ramadan, we are partnering with some of the region’s most trusted media partners and fan-favorite creators to showcase engaging content on Discover and Spotlight. Snapchatters spent 31 percent more time watching Ramadan content than the year prior. We are excited to help our community discover new creators and content in a personalized way, allowing them to watch and share their favorite content that captures the spirit of the holy month,” says Hussein Freijeh, General Manager at Snap Inc. in MENA.

To view Snapchat’s Discover shows, simply swipe right on the app, search for the show you want to watch, and then subscribe!

News

Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

Published

2 hours ago

April 19, 2024

Nour Nasir

binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.