Translation according to someone in the facebook group (again people if you aren't in the Facebook Group you are really missing out on how big this is about to be. Think NEO back in antshare days....but even more ambitious including their own exchange with DBIX, LTC, BTC, ETH, XRP

Video translation...

"Arabianchain, the founder and CEO of Arabianchain, said in an exclusive interview with CNBC Arabia on the sidelines of the Blockchain Summit held in Dubai that the Arabianchain is the first public platform for Blockchain in the Arab world. Al Sahli pointed out that the platform will provide the possibilities of smart contracts and distributed software so that those interested can experience and build some solutions that concern them in their field. He said that the construction of the Thuraya platform is currently the first software platform for smart contracts in Arabic."