News

Disney+ Confirms Its Middle East Launch Date

With a single Disney+ subscription, subscribers can watch films and television series on up to 4 devices at the same time and create profiles for up to 7 people.

Published

2 years ago

March 31, 2022

David Morelo

disney+ confirms its middle east launch date

Disney+, a video streaming service owned and operated by The Walt Disney Company, has just confirmed its Middle East launch date: June 8th.

In the UAE, the service will cost 29.99 AED a month or 298.99 AED a year. Disney+ subscribers can access a large library of content produced by The Walt Disney Studios and Walt Disney Television, including original films and television series.

disney+ middle east

“Subscribers will have access to Star Wars’ The Book of Boba Fett and The Mandalorian from executive producer and writer Jon Favreau,” Disney+ highlights some of its content. “Subscribers will also be able to enjoy Disney and Pixar’s Academy Award-nominated Luca and from Walt Disney Animation Studios’ Academy Award-winning Encanto.”

With a single Disney+ subscription, subscribers can watch films and television series on up to four devices at the same time and create profiles for up to seven people. Parents can create special kid-friendly profiles for the youngest family members to enable a child-friendly user interface and restrict access to potentially inappropriate content.

Also Read: 4 Smartphones Coming To The Middle East This Spring

Disney+ started in 2019 in the United States, Canada, and several other countries. The service has been steadily expanding to other markets since then.

All countries (and price guide) where Disney+ is launching on June 8th:

disney+ middle east north africa prices

As of January 2022, Disney+ has around 130 million global subscribers, making it the third-largest video streaming service in the world, after Netflix (222 million) and Amazon Primo Video (175 million).

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

15 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.