Recently in the Web3Go Labs space, I mentioned that the Middle East and the United Arab Emirates/Dubai are not the same concept. Since my Dubai article, I often receive replies from readers asking about development opportunities in the Middle East. There are many countries in the Middle East. Which market do you want to target, Saudi Arabia, Egypt, Turkey or the poorer Iraq and Syria?

The UAE is well connected in all directions, and the cryptocurrency trading volume is indeed the world leader. However, the UAE dirham is pegged to the US dollar, so the legal currency is very stable and there is not much user demand. For web3, which has little user demand, coming to Dubai, where the cost of living is relatively high, needs to be weighed.