Crypto and Forex
Nomura Expands Crypto Banking Footprint as Laser Digital Gains Occ Conditional Approval
By EI News Bot • 3 min read
• 30 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.
The approaching El Nino event could raise sea temperatures and disrupt wind patterns across the Arabian Gulf, prompting higher freight costs, tighter oil logistics and a rethink of climate‑resilient strategies for UAE ports and energy exporters.
The UAE‑supported Iron Dames racing squad has signed Dutch driver Laura van den Hengel and Belgian talent Sarah Bovy to compete in the GT2 European Series, signalling a strategic push to boost female representation and attract new commercial partners across.
The partnership between Hi‑Tech Concrete Products and Abu Dhabi International Pre‑Cast Plant aims to boost Al Ain’s precast capacity, supporting UAE construction growth, sustainability goals and the rollout of faster, cost‑effective building solutions.
U.S. shale producers face their smallest well‑completion backlog in years, tempering a rapid rise in output even as crude exports climb to multi‑year highs, a development that could reshape global oil supply dynamics.
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.
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.