New regulatory framework for Virtual Currencies

The UAE Central Bank released, in Jan 2017, a regulatory framework for virtual currencies and electronic payment systems, aimed at digital payment service providers. However, a sentence within the regulation, that “all virtual currencies (and transactions thereof) are prohibited”, has been clarified by the Governor. He stated that “these regulations do not cover ‘virtual currency’, […]

Launching of Sheraa Entrepreneurship Center

It’s great out here supporting my good friend, Najla, on her launching of Sheraa Entrepreneurship Academy. Attended by The Who’s Who of the entrepreneurship and startup ecosystem builders in the UAE, Sheraa is set to become one of the most important facilities to support students and propels the to a career of being their own […]

How not to describe yourself if you want to get funded

By Joanna Glasner Crunch Network We are the  Uber of our industry, applying curated, user-generated gamification to the sharing economy. That’s pretty much it. That’s the sentence you’d craft if you’re looking to turn off venture and angel investors with a mission statement containing buzzwords that are losing popularity or were never compelling in the […]