Author: Emirates Insight
As UAE Today readers know, the United Arab Emirates is a pioneer in technology adoption and smart city initiatives. By 2025, artificial intelligence (AI) has become a fundamental tool not only for technology teams but for employees across all departments. This rapidly evolving technology is transforming business processes, increasing efficiency, and providing companies with a significant advantage. In the UAE, which is known for its fast adaptation to technology and smart city projects, AI is reshaping workflows from marketing to finance, and from logistics to customer service. For example, in Dubai, tourism companies are using AI to create personalized content for…
MegaETH assured users their contributions would not be forgotten, but clarified that every message or update must now follow compliance standards during the refund process. MegaETH announced that it will return all funds deposited into its Pre-Deposit Bridge. The Ethereum Layer 2 scaling solution reversed a pre-launch campaign intended to preload collateral for USDm, the native stablecoin of the network’s upcoming Frontier mainnet. The team said the execution of the event “was sloppy,” while noting that user expectations around an initial $250 million cap became misaligned with its goal of guaranteeing 1:1 USDm conversion at launch. MegaETH Pulls the…
In the eyes of big AI companies such as OpenAI, the troves of data on the internet are highly valuable. They scrape photos, videos, books, blog posts, albums, painting, photographs and much more to train their products such as ChatGPT – usually without any compensation to or consent from the creators. In fact, OpenAI and Google are arguing that a part of American copyright law, known as the “fair use doctrine”, legitimises this data theft. Ironically, OpenAI has also accused other AI giants of data scraping “its” intellectual property. First Nations communities around the world are looking at these scenes…
flydubai, the Dubai-based carrier, has officially signed the Buckingham Palace Declaration to join United for Wildlife’s global taskforces. Founded by Prince William and The Royal Foundation, the initiative aims to tackle illegal wildlife trade and protect endangered species worldwide by disrupting trafficking routes and strengthening supply chain security. The signing took place during the Dubai Airshow 2025 and was signed by Mohamed Hassan, Senior Vice President of Airport Services & Cargo at flydubai. As part of the United for Wildlife Transport Taskforce, flydubai will collaborate with other airlines, customs authorities and law enforcement agencies across its network to identify and…
The UAE Artificial Intelligence, Digital Economy, and Remote Work Applications Office has announced that Google Gemini ranked first in the “AI in the Ring” Index, the world’s first benchmark designed to evaluate how effectively AI language models reflect Emirati culture, dialects, traditions and national values. Gemini secured the top position after a review of more than 400 questions and 5,200 generated responses from 11 major language models. A committee of Emirati experts assessed each model’s outputs to identify which systems demonstrated the strongest cultural understanding. UAE AI cultural understanding test The ranking of AI models included: 1 — Google (Gemini…
The Dubai Sports Sector Strategic Plan 2033, launched by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, aims to develop the sports sector and enhance its competitiveness and global appeal. It also aims to increase the number of major sporting events hosted by Dubai annually by 250 per cent in the coming period. The plan aims to attract more than 4 million people annually to its major sporting events at Dubai’s existing sports facilities and stadiums that have been built to the highest standards. It also seeks to increase the number of…
Arthur Hayes predicts equity perps on crypto exchanges will overtake CME-style futures and hollow out legacy stock markets. Outspoken BitMEX co-founder Arthur Hayes has said that crypto-style perpetual futures will “kill” traditional stock exchanges, arguing that equity price discovery will move to 24/7 perp markets on crypto platforms. His forecast is coming on the back of U.S. and Asian exchanges like CBOE and SGX getting ready to roll out their own perpetual products by the end of 2025. Hayes frames this as an “adapt or die” moment for traditional finance (TradFi), claiming that if established exchanges don’t copy crypto’s…
This week’s funding round-up features a rewards platform for small businesses, a New Zealand agritech company that is tackling methane emissions, a medtech startup pioneering a non-invasive bladder-health treatment, and an edtech venture that is helping ease the admin burden for schools and educators. Keep reading to learn more about Pay.com.au, Ruminant Biotech, Australis Scientific and Paperly. Pay.com.au: $25 million Former Pay.com.au CEO Edward Alder has transitioned into the role of managing director, while Grant Austin has stepped into the role of CEO. Source: Supplied. Last year’s Smart50 winner Pay.com.au leads the funding round-up this week, after raising $25 million in…
Expo City Dubai Authority has signed a partnership with Emirates NBD to strengthen banking services for its growing business community, improving operational efficiency and supporting companies at every stage of their development. The partnership was formalised through a Memorandum of Understanding (MoU) signed by Najeeb Al Ali, Executive Director of Expo City Dubai Authority, and Hamad Zayed, Group Head of Business Banking at Emirates NBD. The agreement represents a major step toward advancing Expo City Dubai’s vision of becoming a globally competitive, innovation-led business hub. As part of the collaboration, Emirates NBD will offer tailored financial solutions designed to help…
The countdown is on! Dubai’s most electrifying shopping moment of the year, the 3 Day Super Sale (3DSS), officially kicks off tomorrow 28 November and continues to ignite the city with extraordinary savings until 2 December. For the first time ever, two extra days have been added to the shopping weekend in celebration of the 54th Eid Al Etihad, unlocking a total of five days packed with incredible discounts of up to 90% off across more than 500 top brands and over 2,000 stores. Organised by Dubai Festivals and Retail Establishment (DFRE), this year’s edition kicks off with a game-changing…