PANews reported on June 5 that Sui Network announced that its subsidiary SuiHub MENA has signed a cooperation agreement with the Dubai Virtual Asset Regulatory Authority (VARA). The two parties will jointly support start-up projects, cultivate local talents, and promote the construction of the virtual asset ecosystem in the Middle East. The cooperation includes providing compliance guidance for start-ups, jointly organizing education and training, supporting SuiHub's innovation center in Dubai, exploring joint research and economic policy recommendations, aiming to build Dubai into a global virtual asset innovation center. Sui has now become VARA's official blockchain partner.