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Author: Emirates Insight
UAE weather is heating up this week and dust is in the mixIt’s another hot one across the UAE. Dubai is sitting at 40°C today, with hazy skies sticking around through the evening. Overnight, it dips slightly to 32°C, but don’t expect much relief. In Abu Dhabi, it’s even warmer, 42°C at peak, with a real-feel nearing 39°C already by mid-morning. UAE weather remains firmly in peak summer mode, with no sign of cooler days just yet.Dust incomingAccording to the National Centre of Meteorology, residents should brace for dusty conditions beginning early Thursday and lasting through the night. That means…
European Travelers Embrace Crypto: Bitget Survey Finds 85% Ready To Spend Crypto On Holidays
Bitget’s recent survey has revealed that cryptocurrency is moving from investment portfolios to real-world spending quickly. A strong majority of European crypto users are now willing to fund their holidays using digital assets. Bitget’s study, which polled over 3000 European users, throws light on the demand drivers behind crypto-powered travel. Apparently, 85.32% of respondents used crypto to book travel or are actively considering it. Interestingly, the top intended uses for crypto now includes daily expenses, accommodation and transport. This reflects a growing comfort with use of crypto across the travel lifecycle. Commenting on the findings, Gracy Chen, CEO at Bitget,…
Get into the spirit of Indian Independence Day at these brilliant restaurants in DubaiIndian Independence Day is celebrated on August 15, a day that marks the nation’s liberation from British colonial rule. With the UAE being home to close to 4.36 million Indians, this is more than enough reason for top restaurants across Dubai to celebrate with delicious lip-smacking dishes and deals to put diners in a patriotic spirit.Here are 12 restaurants to celebrate Indian Independence Day in DubaiArmani/AmalArmani AmalDine at Armani/Amal and go on a flavourful journey through India with a signature vegetarian thali menu designed to honour the…
PIF assets hit $913bn in 2024 as Saudi fund drives economic transformation
Saudi Arabia’s Public Investment Fund (PIF) grew its assets under management by 19 per cent to $913bn in 2024, as the Kingdom’s sovereign wealth fund accelerated its role in driving economic transformation and diversifying the national economy. The 2024 Annual Report highlights record investment activity, global recognition, and a $243bn contribution to Saudi Arabia’s non-oil GDP since 2021. PIF deployed $56.8bn across strategic sectors in 2024, bringing total investment since 2021 to more than $171bn. PIF growth in Saudi Arabia The fund now manages 225 portfolio companies, having created 103 of them, and continues to establish national champions across sectors…
Here are the finalists in the 2025 Startup Daily Best in Tech awards
Lenexa Medical, a Victorian startup helping prevent pressure injuries for healthcare patients, is one of 54 standout finalists in the 2025 Startup Daily Best in Tech awards. A record 273 entries were submitted across 14 categories, with Lenexa singled out as a finalist for Best Sustainability Startup, Most Innovative Startup and AI Gamechanger, while cofounder and Will Yang chief scientific officer Will Yang is a finalist in Best Technical Leader. The most popular categories this year were once again Startup of the Year (50 entries), Best New Idea (40) and Most Innovative (40). Reflecting the growing possibilities in artificial intelligence…
Only in Dubai: The wild, fancy and totally extra things to do in the city
Dubai is the city that does extra best, and these things to do describe the city in the best wayAt What’s On, we find ourselves saying “only in Dubai” so often at things we come across day-to-day and we’ve decided to make a list of the wonderful, over-the-top experiences that you can do when you feel like being extra.Stay in an underwater suiteAt Atlantis, The Palm, you can book an underwater suite where floor-to-ceiling windows look directly into the Ambassador Lagoon. Forget counting sheep, here you’ll count the number of teeth on a shark, possibly find Nemo and drift off…
August 15 Looms Over Crypto Bull Market Hopium: Trump-Putin Peace Talks and SBET Earnings Call
There is a beautiful storm brewing that could shape the direction of the crypto bull run in 2025 and beyond. This Friday (August 15), Donald Trump will meet with Vladimir Putin, and the leaders of their respective nations aim to bring about an end to the conflict in Ukraine. A positive outcome will likely send the crypto bull market into overdrive. On the crypto side, Sharplink Gaming (SBET), one of the leading publicly-traded Ethereum Treasury firms, has its Q2 earnings call, which investors will be keen to hear after the firm has amassed just shy of 600,000 ETH ($2.8 billion)…
Dubai Airports is set to welcome families and students returning from vacations ahead of the academic yearStudents and their families are set to return back to Dubai over the next two weeks as the start of the school year approaches, leading to one of Dubai Airports’ busiest seasons.According to an announcement by the Dubai Media Office, Dubai International Airport (DXB) is expected to welcome more than 3.6 million guests, with daily averages reaching 280,000. Its busiest day is forecasted for Friday, August 15, with traffic set to exceed 290,000. Dubai International Airport is set to welcome over 3.6 million guests…
GCC asset management soars 9% to $2.2tn as Saudi Arabia, UAE lead
Saudi Arabia and the UAE were the key growth engines in the retail mutual fund sector, while Kuwait and Abu Dhabi’s sovereign wealth funds (SWFs) managed the largest asset volumes in the region. Lukasz Rey, Managing Director and Partner and Middle East Head of Financial Institutions at BCG, said: “The next decade’s leaders will be those who redefine their future, not just endure challenges. The region’s 9 per cent AuM growth in 2024 underscores its rising prominence as a hub for institutional and retail capital. “With Saudi Arabia and the UAE anchoring regional momentum, the GCC’s strategic diversification and SWF…
Save those dirhams with these Thursday ladies nightsDubai is filled with fantastic ladies’ nights, from low-cost to lavish experiences. So make the most of these deals, which range from unlimited drinks to food. If you’re looking for the best Thursday ladies’ nights across Dubai, then we have got you covered…Here are the best Thursday ladies’ nights in DubaiNew: Alma Music and Art LoungeAlma Music & Art Lounge presents Cassette Club with throwback hits from the 80s and 90s. Ladies can enjoy a special package for Dhs150 which includes free-flowing cocktails, wine, and unlimited chips – the perfect fuel for a…