logo
OFZA appoints Amir Tabch as CEO to lead next phase of regulated growth

OFZA appoints Amir Tabch as CEO to lead next phase of regulated growth

Khaleej Times08-07-2025
OFZA, the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as chief executive officer to lead OFZA through its next stage of growth and market activation.
This leadership milestone reflects OFZA's deepening commitment to building the most trusted crypto exchange in the region - one that's designed from day one to align with regulations, empower users, and scale without shortcuts.
A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA's mission: to make digital asset trading safe, simple, and accessible for everyone.
"OFZA isn't here to be the biggest. We're here to be the most trusted," said Tabch. "That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first."
Fully licensed by Dubai's Virtual Assets Regulatory Authority (VARA), OFZA is authorised to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility.
The firm's mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible.
With Tabch at the helm, OFZA is not just announcing a new CEO - it's signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dr Manoj K. Menon named ‘AI & Healthcare Solutions Expert of the Year' at Global Fluxx Awards
Dr Manoj K. Menon named ‘AI & Healthcare Solutions Expert of the Year' at Global Fluxx Awards

Khaleej Times

time24 minutes ago

  • Khaleej Times

Dr Manoj K. Menon named ‘AI & Healthcare Solutions Expert of the Year' at Global Fluxx Awards

Dr Manoj Menon, Group CEO of ACCRO, UAE, and ASHCONN, Qatar, has been named AI and Healthcare Solutions Expert of the Year for the region at the Global Fluxx Awards in Hong Kong. The award recognises leaders selected from over 500 global nominees across 15 countries, highlighting the region's emergence as a healthcare technology hub. Dr Menon brings 34 years of experience in healthcare technology to his current role. His career spans the GCC, USA, Spain, Australia, and India, including positions with HP, Boston Medical Centre, and GE Imaging. He holds multiple patents and has published academic papers in scientific journals while presenting at global healthcare conferences. "The GCC region represents a suitable environment for healthcare innovation," said Dr Menon. "Our goal is to develop AI tools that augment human capabilities, allowing healthcare professionals to enhance their practice across the region." Dr Menon has contributed to healthcare policy frameworks at the national level, developing guidelines that balance innovation with regulatory compliance while maintaining standards of patient safety and data security. He developed Axora, a revenue cycle management platform that uses AI to transform healthcare providers' financial operations. The platform combines predictive analytics with automation to optimise revenue capture, reduce claim denials, and enhance healthcare institutions' economic performance. The recognition aligns with regional AI strategy and ongoing healthcare digitization initiatives.

Dubai's GDP grows 4% in Q1 2025, led by health, real estate sectors
Dubai's GDP grows 4% in Q1 2025, led by health, real estate sectors

Gulf Business

time24 minutes ago

  • Gulf Business

Dubai's GDP grows 4% in Q1 2025, led by health, real estate sectors

Image: Dubai Media Office/ For illustrative purposes Dubai's economy grew 4 per cent (QoQ) in Q1 2025, reaching Dhs119.7bn, supported by strong performances across strategic sectors, government data showed. Human health and social work activities led growth with a 26 per cent increase to Dhs1.9bn, while Other contributors included accommodation and food services (up 3.4 per cent to Dhs4.9bn), transport and storage (up 2 per cent to Dhs15.7bn), wholesale and retail trade (up 4.5 per cent to Dhs27.5bn), manufacturing (up 3.3 per cent to Dhs8.7bn), and information and communications (up 3.2 per cent to Dhs5.3bn). Collectively, these sectors helped maintain Dubai's diversified growth momentum following a 5.8 per cent expansion in 2024. Younus Al Nasser, chief executive of Dubai Data & Statistics Establishment, said the results provide a reliable basis for policymaking and business decisions. 'The Q1 2025 results reflect Dubai's economic progress, enabling policymakers, researchers, and businesses to make well-informed decisions,' he said Hadi Badri, CEO of Dubai Economic Development Corporation ( He added: 'Dubai's performance through 2024 and into the first quarter of 2025 reflects our continued momentum towards achieving the goals of the Dubai Economic Agenda D33.' At a glance: Dubai GDP growth and key sector performance Sector Q1 2025 GDP (Dhs bn) Growth YoY % of Total GDP Contribution to Growth (pp) Human Health and social work 1.9 26% 1.5% 0.3 Real estate 9.0 7.8% 7.5% 0.6 Financial and insurance 16.0 5.9% 13.4% 0.8 Accommodation and food services 4.9 3.4% 4.1% 0.14 Information and communications 5.3 3.2% 4.4% 0.14 Wholesale and retail trade 27.5 4.5% 23% 1.03 Manufacturing 8.7 3.3% 7.3% 0.24 Transport and storage 15.7 2% 13% 0.27 Other activities – 1.9% 26% 0.5

NFT market cap hits $9.3B, fueled by Ether surge
NFT market cap hits $9.3B, fueled by Ether surge

Crypto Insight

time24 minutes ago

  • Crypto Insight

NFT market cap hits $9.3B, fueled by Ether surge

The non-fungible token (NFT) sector surged to a market capitalization of more than $9.3 billion as Ethereum-based collections increased along with the price of Ether. NFT data tracker NFT Price Floor showed on Wednesday that the overall market capitalization for NFT collections had hit $9.3 billion, a 40% uptick from July. According to DappRadar data, NFTs had a market capitalization of $6.6 billion last month. Ether, which recently pushed past the $4,000 milestone, has been a key driver behind the NFT market surge. At the time of writing, ETH traded above $4,600 and had a market capitalization of over $557 billion, according to CoinGecko. Since many NFTs are based on the Ethereum mainnet, their sales and valuations are denominated in ETH. Because of this, bullish momentum of the crypto asset translates into higher market values and increased activity in the NFT space. At the time of writing, the top 10 NFT assets by market cap were Ethereum-based. NFT market cap has surged 40% since July CryptoPunks retains its spot as the top NFT collection by market capitalization. NFT Price Floor data shows that the collection is worth at least 526,900 ETH (about $2.4 billion). In the last seven days, CryptoPunks had almost 4,200 ETH in volume, worth almost $20 million. During the week, the collection had 90 total sales, averaging at $217,331 per NFT. The Bored Ape Yacht Club (BAYC) follows CryptoPunks in the rankings with a valuation of $602 million, while Pudgy Penguins follows closely with $591 million. Pudgy Penguins added to a crypto treasury Still, while BAYC leads in valuation, the Pudgy Penguins collection tops BAYC in terms of seven-day volume. DefiLlama data suggests that Pudgy Penguins had a volume of $8.7 million in the past week, while BAYC had $6.3 million. In a Cointelegraph interview, Pudgy Penguins CEO and owner Luca Schnetzler (better known as Luca Netz) said the collection's expansion into a physical toy brand saved the company from bankruptcy in 2022. Since then, the collection has been a leading NFT brand, rivaling other blue-chip collections. This week, blockchain company BTCS Inc. said it added three Pudgy Penguins to its corporate treasury. Apart from the three collections, other top 10 NFT collections by market cap include Art Block's Chromie Squiggle by Snowfro, Autoglyphs, Fidenza by Tyler Hobbs, Lil Pudgys, Mutant Ape Yacht Club (MAYC), Moonbirds and Milady Maker. Source:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store