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The Finance World Magazine| Edition: March 2023

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.

Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.


Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Cryptocurrency<br />

How to set up a Crypto Business in Dubai<br />

<strong>The</strong> emerging digital economy is expected to heavily rely on digital assets, including<br />

various ventures such as cryptocurrency. <strong>The</strong> UAE is establishing itself as a<br />

prominent destination for crypto entrepreneurs, with specific areas designated for<br />

conducting cryptocurrency-related operations. In this article, we outline essential<br />

recommendations for individuals considering investing in cryptocurrencies in<br />

Dubai.<br />

Obtaining a crypto license in Dubai<br />

opens up a world of opportunities<br />

for investors looking to venture<br />

into the futuristic financial<br />

sector of cryptocurrency. This license<br />

provides access to a thriving market<br />

where innovative business models and<br />

cutting-edge technology converge to<br />

offer promising investment opportunities.<br />

Whether you are an individual or a<br />

business entity, a crypto license in Dubai<br />

provides the necessary legal framework to<br />

participate in the growth and development<br />

of this exciting new industry. With a<br />

supportive regulatory environment and<br />

a commitment to fostering innovation,<br />

Dubai is positioning itself as a leading<br />

hub for the crypto industry, making it an<br />

attractive destination for those looking to<br />

make their mark in this rapidly evolving<br />

sector.<br />

To enter the crypto industry in Dubai,<br />

you can apply for a crypto license in free<br />

zones or via a representative office in<br />

Dubai. <strong>The</strong> permitted business activities<br />

include database management, selfproprietary<br />

investments, consultancy,<br />

and data mining. However, launching an<br />

ICO or registering a crypto exchange must<br />

be regulated by a competent authority.<br />

Starting a crypto business in Dubai can<br />

be a lucrative opportunity, as the city has<br />

become a hub for fintech and innovation<br />

58 www.thefinanceworld.com <strong>March</strong> <strong>2023</strong>

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