Author: Emirates Insight

IP is the other massive gainer today. Following the massive meltdown experienced on Friday evening and Saturday morning, bitcoin has expectedly calmed at around $112,000. Most altcoins have shown similar behavior over the past day, but there are some gainers even from the larger caps, such as BNB. BTC Calms at $112K The business week began in an impressive manner for the BTC bulls as the cryptocurrency skyrocketed to two consecutive all-time highs last Sunday and Monday. The latest record came at just over $126,000. What followed was a minor correction and sideways trading at around $122,000. That level…

Thinking Machines Lab, the AI startup led by former OpenAI CTO Mira Murati, has lost one of its co-founders to Meta. The Wall Street Journal reports that AI researcher Andrew Tulloch announced his departure to employees in a message on Friday. A Thinking Machine Labs spokesperson confirmed Tulloch’s departure to the WSJ, saying he “has decided to pursue a different path for personal reasons.” Back in August, the WSJ reported that Mark Zuckerberg’s aggressive AI recruiting blitz included an offer to acquire Thinking Machines Lab — and when that failed, Zuckerberg reportedly tried to lure Tulloch with a compensation package…

Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5 per cent stake in Rabigh Refining and Petrochemical Company (Petro Rabigh) from Sumitomo Chemical Corporation (Sumitomo) for $702m (SR7 per share). Following the transaction, Aramco becomes Petro Rabigh’s largest shareholder with an equity stake of approximately 60 per cent, while Sumitomo retains 15 per cent. Aramco said the transaction reflects its commitment to partners and affiliates as it continues a downstream strategy focused on value creation, business integration and portfolio diversification. Aramco downstream strategy The company noted that the deal also enhances its ability to support…

Scammers might be getting smarter, and this Dubai resident learned that the hard way. A Dubai-based man recently came across what looked like a legit Instagram AD promoting concert tickets at a discount price. Sounds tempting, and surely too good to be true. Thinking it was an official promo, he clicked through, entered his card details… and that’s where things went south A few days later, he had to say hello to fake concert tickets and goodbye to AED6,000 from his account. The ad was quite believably packaged with the Coca-Cola Arena branding, but with one minor difference – the…

The Tooba Padel Cup brought together athletes, partners, and supporters in Dubai for a tournament that combined sport, collaboration, and social purpose. Held at World Padel Academy, the event raised awareness and support for charitable initiatives run in partnership with the Al Jalila Foundation. Fourteen pairs took part in the competition, creating a dynamic and friendly atmosphere on court. Among the players were Islam Makhachev, Zubaira Tukhugov, and Movsar Evloev, while Usman Nurmagomedov, Umar Nurmagomedov, Alistair Overeem, Nick Santonastasso, and other guests joined to support the event. Tooba is a digital charity platform that makes global giving simple and transparent. It allows users to support verified charitable projects directly from their…

The Middle East and Africa are no longer simply “emerging” markets – they are fast becoming epicentres of digital commerce innovation. The region’s blend of youthful demographics, smartphone ubiquity, and rising demand for cashless experiences is creating a fertile environment for transformation. For Jamal Mohammed Al Nassai, Group Managing Director – Merchant Services, MENA at Network International, the opportunity is clear: MEA is no longer just a promising frontier – it is a proving ground for the future of digital commerce. Several structural factors make the region uniquely attractive: high mobile adoption, a growing appetite for cashless transactions, and strong…

Ver allegedly failed to pay $48 million in taxes tied to his Bitcoin holdings after renouncing U.S. citizenship. Roger Ver, the early Bitcoin evangelist famously known as “Bitcoin Jesus,” has reached a $48 million settlement with the U.S. Department of Justice (DOJ) in a high-profile tax fraud case. The development comes after a public plea for presidential intervention in his lawsuit earlier this year. $48 Million DOJ Deal The New York Times reported on Thursday that the cryptocurrency investor has entered into a tentative deferred-prosecution agreement with federal authorities to resolve criminal charges filed against him last year. This…

The talent acquisition landscape has fundamentally shifted. Competitive salaries, once the primary battleground for securing star performers, no longer guarantee success in attracting and retaining exceptional employees. Employee benefits have emerged as a powerful strategic tool for talent acquisition and retention, offering startups a unique opportunity to compete with larger corporations despite budget constraints. This article explores creative benefits packages that allow startups to punch above their salary limitations, examining the most attractive benefits for top talent and providing a roadmap for creating a comprehensive benefits suite that secures exceptional employees long-term. #mc_embed_signup{background:#fff; false;clear:left; font:14px Helvetica,Arial,sans-serif; width: 600px;} /* Add…

In the world of digital marketing, backlinks remain one of the most powerful elements of Search Engine Optimization. Whether you’re building a new website or optimizing an established brand, understanding backlinks can make a huge difference in your search rankings. Here are ten interesting facts that highlight why backlinks are crucial and how they shape SEO success. Backlinks Are Like Votes of Confidence Search engines view backlinks as votes for your website’s credibility. When other reputable websites link to your content, it signals to Google that your site provides value and trustworthy information. The more quality votes you earn, the…

In the world of digital marketing, backlinks remain one of the most powerful elements of Search Engine Optimization. Whether you’re building a new website or optimizing an established brand, understanding backlinks can make a huge difference in your search rankings. Here are ten interesting facts that highlight why backlinks are crucial and how they shape SEO success. Backlinks Are Like Votes of Confidence Search engines view backlinks as votes for your website’s credibility. When other reputable websites link to your content, it signals to Google that your site provides value and trustworthy information. The more quality votes you earn, the…