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๐Ÿค‘ Pavel Durov became the richest and youngest expat billionaire in the Middle East according to Forbes //

In Forbesโ€™ 36th annual Worldโ€™s Billionaires Ranking Dubai based billionaire of Russian origin Pavel Durov was identified as the richest expat in the Middle East. He is currently focused on developing the messaging app Telegram.

With an estimated net worth of $15.1 bln Durov is regarded as one of the richest people in the Middle East surpassing the worldโ€™s richest Arab, Egyptโ€™s Nassef Sawiris.

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๐Ÿ˜ Dubai intensifies cooperation with Binance //

In an interview with Arab News, the regional head of MENA Richard Teng said that Binance Holdings would offer its products to top institutions and accredited investors. In its first phase of operations, the company aims to expand its client list by offering many products.

Last week, Binance received an official licence from Dubai's Virtual Asset Regulatory Authority, which will help the company develop in line with Dubai's "test-adapt-scale" model for digital asset markets.

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