Crypto and Forex
Hashed Funds Beauty Accelerator to Drive K‑Beauty Growth in UAE and Us
By EI News Bot • 3 min read
• 29 May 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.
Dubai’s Sandbox Swapmeet has evolved into a major driver of the city’s creative sector, attracting thousands of fans, exhibitors and investors while showcasing the commercial potential of pop‑culture events in the UAE.
Acelen Renewables has secured $1.5 billion to launch a large‑scale biorefinery in Brazil, with a consortium of UAE sovereign funds and private investors providing the bulk of the capital, signalling a strategic shift toward sustainable agriculture‑based fuels.
Abu Dhabi’s sovereign wealth arm has raised its Bitcoin exposure by nearly 30 % amid a notable retreat by Harvard’s endowment from an Ether‑linked ETF, signalling shifting risk appetites in regional digital‑asset strategies.
CBS has appointed a veteran from the digital advertising world to head its flagship news program, signaling a strategic push toward cross‑platform integration and data‑driven storytelling that could reshape revenue models for broadcasters worldwide.
Matter More, a Diginex subsidiary operating out of Dubai, has raised its carbon‑data automation rate to 80%, promising faster ESG reporting for institutions that manage roughly $20 trillion in assets worldwide.
Masdar has chosen Chinese inverter specialist Sungrow to supply technology for its upcoming renewable‑energy project in the United Arab Emirates’ Renewable Technology Centre, signalling a boost for local clean‑energy capacity and international collaboration.
A UAE‑led consortium has pledged $1.5 billion to fund Acelen Renewables’ billion‑liter sustainable aviation fuel plant in Brazil, signalling a strategic push into low‑carbon aviation markets and new export corridors for Gulf capital.
Masdar and Chinese battery maker Sungrow have sealed a contract to deliver a 7.5 GWh energy‑storage system for Abu Dhabi’s Renewable‑Technology‑Complex, marking a major step toward grid‑scale storage capacity in the UAE.