Crypto and Forex
UAE Traders Track Dash Price as AED Pair Gains Momentum
By EI News Bot • 3 min read
• 2 Jun 2026
Dubai’s autonomous ride‑hailing service expands to the upscale Jumeirah and coastal Umm Suqeim districts, offering residents a glimpse of driverless mobility backed by local regulator approval and partnerships with global tech firms.
A new UAE‑based grocery platform is rolling out “surprise boxes” that bundle assorted food items at discounts of up to 70 percent, with prices ranging from Dh15 to Dh35, aiming to attract price‑sensitive shoppers and boost off‑peak sales.
Construction of the iconic Sphere Abu Dhabi is entering its final phase, with major structural work finished and interior fit‑out slated for early 2027, positioning the development as a new commercial and cultural landmark in the capital.
M42, a health‑tech venture backed by Abu Dhabi’s sovereign fund, has launched an artificial‑intelligence platform that tailors monitoring, education and medication reminders for chronic kidney disease patients across the UAE, aiming to improve outcomes and reduce hospital visits.
The German infrastructure fund reported a 2026 capital deployment that lagged behind its original plan, raising questions about project pipelines, regulatory timing and the broader outlook for European infrastructure investment.
Saudi Arabia aims to complete a large waste‑processing hub south of Mecca by 2027, targeting the influx of Hajj and Umrah visitors. Emirati companies see opportunities to supply technology, logistics and expertise for the project.
Saadiyat Beach in Abu Dhabi has been listed among the world’s top beaches, highlighting the UAE’s successful blend of luxury tourism and rigorous environmental stewardship that could boost eco‑focused visitor numbers.
Dubai’s meteorological authority has partnered with local tech firms to deploy an AI‑driven platform that predicts extreme heat events up to three weeks in advance, aiming to protect residents, businesses and critical infrastructure across the Emirates.
A consortium of Gulf investors, led by UAE sovereign wealth entities, has injected fresh capital into Anthropic, pushing the AI startup ahead of OpenAI as both vie for a $1 tn market value and reshaping the regional tech landscape.