Crypto and Forex
Marathon Digital Shifts Focus from Bitcoin Mining to 2 Gw AI Initiative
By EI News Bot • 3 min read
• 1 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.
Nigeria’s non‑oil commerce with the UAE has crossed the $5 billion mark, while the opening of Abu Dhabi’s first full‑service bank in Lagos signals deeper financial ties and new opportunities for regional entrepreneurs.
Abu Dhabi unveiled a $5 billion commitment to joint projects with India, focusing on renewable energy, digital infrastructure and expanded trade corridors, signalling deeper economic integration between the two markets.
Brazil’s state‑run oil firm Petrobras has reduced diesel rates for local distributors, activating a cashback mechanism that lowers net costs. The move reflects shifting global fuel dynamics and may influence pricing strategies for UAE importers and logistics firms.
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.
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.