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Cointelegraph opens Middle East office at DMCC Crypto Centre, boosting regional ties

Photo : Dubai government media office

The Dubai Multi Commodities Centre (DMCC), recognized as the world’s leading free zone and a key entity under the Government of Dubai focused on commodities trade and enterprise, has announced a strategic partnership with Cointelegraph. As part of this collaboration, Cointelegraph, one of the world’s most prominent crypto and Web3 news platforms, has officially established its Middle East regional office at the DMCC Crypto Centre.

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This move marks a significant milestone for both DMCC and Cointelegraph. The DMCC Crypto Centre, home to over 600 companies within the blockchain and crypto space, has emerged as the largest concentration of such businesses in the region. By setting up its office here, Cointelegraph gains the advantage of being at the heart of a thriving Web3 ecosystem, creating opportunities for strategic partnerships and collaborations with other companies in the sector.

With Cointelegraph’s presence in Dubai, local businesses now have enhanced access to global media and marketing services, further strengthening the region’s reputation as a major hub for blockchain innovation. Through the partnership, Web3 companies within the DMCC ecosystem will benefit from preferential access to Cointelegraph’s media platform, increasing their visibility on the global stage.

Belal Jassoma, Director of Ecosystems at DMCC, emphasized Dubai’s rapidly growing role as a global Web3 innovation hub, highlighting that DMCC’s ecosystems, such as the Crypto Centre, are playing a critical role in driving adoption and growth across industries. He noted, "By partnering with Cointelegraph, one of the most trusted names in the crypto media landscape, we are enabling Dubai’s Web3 community to showcase their innovations and stories to a global audience, accelerating the worldwide adoption of Web3 technologies."

Cointelegraph’s Global CEO, Yana Prikhodchenko, also expressed excitement about the partnership, calling the establishment of an office within DMCC’s dynamic ecosystem a significant step. She added, "We are thrilled to collaborate with DMCC and its vibrant community, supporting each other’s growth while contributing to the development of Web3 in the region."

Situated within DMCC’s state-of-the-art Uptown Tower, the Crypto Centre offers Web3 companies access to a broader business district that hosts nearly 25,000 businesses across various industries. Adjacent to the DMCC Gaming Centre and the newly inaugurated AI Centre, the Crypto Centre positions itself as a central hub for cutting-edge tech innovation in Dubai. This strategic location and integration provide a unique environment for the continued growth and evolution of blockchain, crypto, and AI-related industries in the region.

Through this partnership with Cointelegraph, DMCC continues to strengthen its commitment to fostering innovation and entrepreneurship, creating a robust foundation for the development and global promotion of Web3 technologies. The collaboration is set to play a pivotal role in shaping the future of blockchain and crypto in Dubai and beyond.

Oct. 7, 2024 5:20 p.m. 429

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