World’s Largest Bitcoin Conference Debuts in the Middle East This December

The world’s largest Bitcoin Conference is set to make its debut in the Middle East, with Abu Dhabi playing host to the inaugural Bitcoin MENA Conference on December 9-10, 2024. The event will take place at the prestigious ADNEC Centre, marking a significant milestone for the region as it becomes a central player in the rapidly growing Bitcoin economy, often referred to as the “New Gold Rush.”

This Middle East and North Africa edition of the global Bitcoin Conference series is organized by ADNEC Group in collaboration with BTC Inc., the parent company behind Bitcoin Magazine and the Bitcoin 2024 conference. Bringing together influential voices from across the industry, Bitcoin MENA will cover pivotal topics shaping the future of Bitcoin in the region.

As the UAE cements its role as a hub for Bitcoin innovation, the conference will spotlight the nation’s strategic advantages, including vast energy resources, capital reserves, and a vibrant innovation ecosystem. Notable speakers already confirmed include Anthony Scaramucci, former White House Director of Communications, Vishal Sacheendran, Binance’s Head of Regional Markets, HRH Hereditary Prince Filip Karađorđević of Serbia, and Dr. Marwan Ahmed Al Zarouni of Dubai Blockchain Summit.

Following the success of the Bitcoin 2024 conference in Nashville, which attracted 22,000 attendees and featured prominent figures like Donald J. Trump and Michael Saylor, Bitcoin MENA is expected to draw significant attention from regional and global players in the industry. Attendees will have the chance to participate in high-level discussions, network with industry leaders, and explore an expo hall showcasing cutting-edge technology and art.

For those seeking an exclusive experience, Whale passes are available, providing VIP access and insider opportunities at this premier Bitcoin event.

As Bitcoin continues to expand its influence, this conference is a must-attend for anyone looking to shape the future of finance in the Middle East. Be sure to secure your place at Bitcoin MENA and witness the next chapter in the evolution of the Bitcoin economy.

UAE Economy Set for 5.1% Growth in 2025, Says IMF

The UAE economy is on track to grow by 5.1% in 2025, according to the latest World Economic Outlook (WEO) report from the International Monetary Fund (IMF). The Gulf nation continues to see solid economic performance, with GDP growth expected to hold steady at 4% in 2024 before accelerating the following year.

Key drivers of this growth include vibrant domestic sectors such as tourism, construction, and financial services, which have shown impressive activity, contributing to the UAE’s broad-based economic expansion. The IMF’s report highlights the country’s ongoing efforts to diversify its economy, with non-oil GDP now accounting for over 70% of the total.

Increased public and private investments, along with major structural reforms in renewable energy and technology, are anticipated to boost the UAE’s economic trajectory further. The IMF emphasized the significance of these reforms, which align with the UAE’s vision for sustainable development and private sector growth. Higher hydrocarbon GDP growth is also expected to support the overall economy, bolstered by increased crude oil production as part of the UAE’s OPEC+ quota adjustments.

In a statement earlier this year, the IMF praised the UAE’s comprehensive reform agenda, which aims to enhance governance frameworks and promote green growth. These initiatives are vital for maintaining the country’s upward momentum and cementing its role as a global economic hub.

Regionally, the Middle East and Central Asia economies are projected to grow by 2.4% in 2024 and 3.9% in 2025. While the UAE’s outlook remains strong, the IMF revised its GDP forecast for Saudi Arabia downward for 2024, citing the impact of extended oil production cuts and geopolitical tensions, but predicts a rebound with 4.6% growth in 2025.

As the UAE continues to invest in its future, the nation is well-positioned to further strengthen its economy, with key sectors driving growth and diversification efforts ensuring long-term stability.

AHS Properties Celebrates AED 130M Sale of Ultra-Luxury “Searenity” Villa on Palm Jumeirah

AHS Properties has reached a significant milestone with the sale of its ultra-luxurious “Searenity” villa on Palm Jumeirah for AED 130 million. Known for setting new standards in high-end residential living, AHS Properties continues to elevate Dubai’s luxury real estate market with this landmark transaction.

“Searenity” is the final villa from a series of five ultra-premium properties redeveloped by AHS Properties since its inception. Each of these homes, spread across prestigious locations such as Palm Jumeirah and Emirates Hills, was meticulously transformed into exclusive residences. Featuring bespoke designs, first-class amenities, and unmatched comfort, these villas cater to buyers looking for unique, tailor-made living experiences. The sale to an end-user buyer further underscores the company’s vision of creating exceptional luxury homes.

Spanning over 17,000 square feet, “Searenity” is a true representation of AHS Properties’ commitment to redefining opulence in residential living. The villa boasts an impressive array of world-class amenities, including an indoor and outdoor pool, cinema room, gym, steam room, spa, DJ area, and private elevators. With expansive city and sea views, “Searenity” offers a blend of cutting-edge design and prime location, making it a standout in Dubai’s luxury real estate landscape.

Founder and CEO of AHS Properties, Abbas Sajwani, shared his excitement over the successful sale, stating, “We are delighted to have closed the sale of ‘Searenity’ to a buyer who appreciates the exclusivity and luxury we strive to deliver. This transaction highlights Palm Jumeirah’s status as one of Dubai’s most coveted residential addresses and reflects our ongoing dedication to crafting homes with meticulous attention to detail.”

The sale of “Searenity” marks the culmination of AHS Properties’ focus on ultra-luxury villa developments, a testament to their forward-thinking approach in delivering innovative and opulent residential projects. The company remains steadfast in its goal of pushing boundaries in the luxury real estate market, with more groundbreaking projects expected in the future.