Gulf 3.0: How the Middle East Is Powering the Web3 Revolution

Author: Jaffar Hashmi – Fintech Analyst & Digital Asset Researcher The Next Economic Revolution For decades, the economies of the Gulf Cooperation Council (GCC) countries UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman have been built on oil. But as the world accelerates toward digitalization, sustainability, and decentralization, these nations are undergoing a bold transformation: shifting wealth and strategy from hydrocarbons to blockchain and Web3 infrastructure. This shift isn't hype it’s a deliberate macroeconomic pivot that’s reshaping the future of the region. From sovereign wealth funds backing decentralized platforms to national metaverse strategies, the Gulf is not just participating in Web3 it’s investing to lead it. Economic Diversification: Blockchain as Strategic Infrastructure Gulf nations are deploying blockchain technology as a cornerstone of broader economic diversification agendas like: UAE’s Vision 2031 Saudi Arabia’s Vision 2030 ...