Author: Emirates Insight
Coinbase warns that banning third-party stablecoin benefits would trigger unprecedented, far-reaching, and unpredictable consequences. Crypto exchange Coinbase has sharply criticized a group of major US banking associations after they urged federal regulators to ban merchant rewards, cashbacks, and discounts offered to customers who pay with stablecoins. The latter argued such perks amount to “indirect interest.” “Unamerican” Power Grab In a post on X, Coinbase chief policy officer Faryar Shirzad called the proposal “unamerican” and warned that it represents an overreach that would stifle competition and block consumers from using their own money as they choose. The dispute centers on…
Rage Biotech, a therapeutics startup tackling chronic inflammatory disease, has raised $29 million in a Series A. The round was led by IP Group Australia and super fund Hostplus, with support from existing investors including Monash Ventures. The funds will go towards first-in-human clinical trials for Rage’s nasal therapy to treat inflammatory lung diseases The startup’s name is an acronym of Receptor for Advanced Glycation End-products (RAGE), a receptor involved in inflammation in chronic lung diseases and other conditions. Rage Bio was founded as a spinout between IP Group Australia and Monash, Murdoch and WA universities and the and the Baker…
Dubai Holding Entertainment, a leading force in the UAE’s leisure and attractions sector, proudly unveiled the “Dome of Inclusion” at Dubai Design Week 2025 — an awe-inspiring installation created in partnership with Canadian University Dubai’s Department of Architecture and ImInclusive, the UAE-based social enterprise for disability inclusion. The installation stood as a powerful celebration of accessibility, creativity, and the boundless artistic talents of the People of Determination community. The Dome of Inclusion is a multisensory masterpiece, its sustainable cardboard structure of interlocking hexagons and pentagons was infused with symbolism. Each hexagon reflects one of the six guiding values that shaped…
Etihad Airways has reported the strongest nine-month performance in its history, delivering record profit, revenue, and passenger numbers as the airline continued expanding its fleet, network and customer experience throughout 2025. The carrier achieved a profit after tax of AED1.7bn ($463 million) during the first nine months of 2025 — a 26 per cent increase year-on-year — lifting its profit margin to 8 per cent, compared with 7 per cent for the same period last year. Total revenue rose 18 per cent year-on-year to AED21.7bn ($5.9bn), supported by robust growth across both passenger and cargo operations. Etihad Airways results Passenger…
Global Village, the region’s leading multicultural family destination for entertainment, shopping and dining,shared today the perfect guide for a plethora of thrilling attractions and experiences available during Season 30. From heart-pounding rides to immersive fantasy realms and adventures for the little ones, the destination’s exciting lineup brings a more wonderful world for guests of all ages. The Dragon Kingdom Embark on an epic quest through The Dragon Kingdom, a brand-new immersive experience, that takes guests to the mythical world of Blackstone Hollow, for 40 points using the Wonder Pass card. Spread across 11 unique rooms, each challenge blends mystery, fantasy,…
Was the ETF launch a classic sell-the-news event? In line with the rest of the cryptocurrency market, Ripple’s native token turned dark red today with a notable 9% drop that pushed it south to under $2.30 as of press time. Trading volumes have picked up to more than $7 billion on crypto exchanges, but the interest in the token seems to be growing due to the launch of the first US-based spot XRP ETF that has a 100% exposure to the asset. CryptoPotato reported yesterday that the last hurdle for Canary Capital’s XRPC fund had been resolved after the…
Australia’s startup sector has seen a huge week of dealmaking. Firmus came in clutch on Friday morning with a massive $500 million raise just two months after it raised $330 million, making it one of the largest tech rounds announced this year. In total, eight companies pulled in $572.12 million across AI infrastructure, biotech, renewable energy and more. This marks a sharp upswing in late-year activity, which we have seen become a bit of a trend in recent years. Firmus: $500 million Firmus founders Tim Rosenfield and Oliver Curtis (Image: supplied) Firmus has raised a further $500 million to accelerate…
Demand for wills and guardianship documents is rising in the United Arab Emirates (UAE) as new residents and long-term expatriates move to formalise inheritance plans and name carers for children, according to a leading family lawyer. Samara Iqbal, founder of Aramas International Lawyers, told Arabian Business in an interview that her firm now fields daily instructions for wills and related documents. She links the shift to a larger pool of high-net-worth individuals (HNWIs) settling in the country after the pandemic, a growing cohort of young families, and simpler online processes at the Abu Dhabi civil family court and DIFC Wills…
At first, the idea of going overseas for Parkinson’s therapy seemed overwhelming. In essence, you’re wagering a significant amount of money and time on physicians you’ve never met in a nation where you may not even speak the language. It’s quite normal to worry about whether you’re making the proper decision, and to be honest, you wouldn’t be sane if you weren’t a little anxious about the entire situation. The difference between mediocre care and genuinely good treatment often comes down to specialization. Generic neurology departments that see Parkinson’s patients occasionally won’t have the depth of experience and resources that…
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. This figure is double the total US investment in the Emirate during 2024, reflecting a strategic indicator of Dubai’s growing appeal as a global investment hub for the American business community. He noted that Dubai serves as a vital centre for American companies seeking expansion into high-potential global markets, particularly in Africa. Dubai’s non-oil trade with African countries reached AED354.5 billion in 2024,…