Author: Emirates Insight

While the crypto derivatives market shows signs of stabilizing after October’s liquidation, Bitcoin’s slide below $99,000 suggests traders remain cautious and the recovery fragile. It has been almost a month since the crypto market experienced one of its largest liquidation events in history, but the effects of that incident still linger. A joint crypto derivatives report from the crypto exchange Bybit and the investment research institute Block Scholes has revealed that traders are cautiously finding stability. This defensive stance has spread across the derivatives market, affecting both crypto options and perpetual contracts. Effects of Liquidation Event Linger Bybit learnt…

Eugenia Kuyda saw the future of consumer AI before most. She founded Replika, the first major AI companion startup, in 2017 — years before ChatGPT launched. Today, it has 35 million users.   Now Kuyda is back with a new startup called Wabi, which she describes as YouTube for apps — a social platform where anyone can use prompts to instantly create mini apps and share them with friends. Wabi, which launched in beta last month, is a harbinger of another consumer AI shift: one where personalized software becomes the norm.  Wabi has raised $20 million in pre-seed funding from a stellar list of angels, including AngelList co-founder Naval Ravikant, Y…

More than 1,000 flights were cancelled in the US on Friday (BBC reported the number to be closer to 1,400), and 6,000 flights were delayed as part of a targeted cutdown at 40 major airports. That number could surge to a lot more if the government shutdown persists and the air traffic controllers are not paid their wages. Most airlines were on schedule on Friday, but travelers’ anxiety was rising as they faced long delays at airports and last-minute cancellations. Many were looking for alternate arrangements like rental cars and trains as more flights are likely to be cancelled in…

Real-life hero moment in Dubai…  A man is being praised for his quick action after he performed CPR and saved a young girl’s life right outside the opening of a new Maxx Fit branch. Want instant updates? Follow Lovin on WhatsApp, and never miss a beat! A life saved in seconds The incident happened during the launch of Maxx Fit’s new store, when a young girl suddenly collapsed outside. Without hesitation, a bystander stepped in and immediately began performing CPR, keeping calm and doing everything right until she started breathing again. “Nothing is just a coincidence” Maxx Fit shared the emotional…

“Binance will never contact you on WhatsApp to offer investment opportunities, request payments, or ask for your personal information,” the team said. Binance is the world’s largest crypto exchange, boasting a user base of over 280 million people. That popularity, though, has made it an attractive target for scammers who often impersonate the exchange’s support services to lure victims. Clients are advised always to verify information through official channels and remain skeptical of unsolicited messages. French and Italian Users are in Greater Danger Earlier this week, Binance’s CEO, Richard Teng, sounded the alarm about recent phishing scams on the…

A slew of new companies have emerged in recent years offering fresh takes on RVs, like Lightship, Pebble, and Grounded. Now another startup called Evotrex is coming out of stealth with its own twist: a hybrid RV travel trailer with an integrated gas engine. The new RV will have an onboard battery pack that will power the living quarters, onboard electronics, and an electric motor, but the gas engine will recharge that battery pack and extend its range for far longer than a full charge — potentially making Evotrex’s trailer attractive for longer camping trips. The Evotrex RV will debut…

Masdar, UAE’s global clean energy leader, and Austria’s OMV will jointly finance, construct and operate a 140MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria. The joint venture project will be one of Europe’s largest green hydrogen production facilities and marks a major step in OMV’s commitment to decarbonising its Schwechat refinery and accelerating the energy transformation. Construction began in September 2025 and it is expected to be operational in 2027. OMV will hold a majority 51 per cent stake in the JV and Masdar 49 per cent. The JV is anticipated to close in early 2026, depending…

You know traffic’s bad when someone catches an international flight… and lands before you reach home from the airport drop-off. Want instant updates? Follow Lovin on WhatsApp, and never miss a beat! The viral “only in the UAE” moment A man recently joked that he dropped his uncle at the airport, and while the uncle made it all the way to Pakistan, he was still stuck in UAE traffic. Yup, the uncle literally crossed countries faster than he could cross Emirates. Everyone can relate The post quickly went viral because, honestly… who can’t relate? Whether it’s Sheikh Zayed Road, E311, Hessa…

The UAE’s premier cricket and entertainment experience is back! DP World International League T20 Season 4 is set to light up Dubai, Abu Dhabi, and Sharjah from December 2 to January 4, bringing world-class cricket and non-stop festive fun to fans of all ages! Six powerhouse franchises: Abu Dhabi Knight Riders, Desert Vipers, Dubai Capitals, Gulf Giants, MI Emirates, and Sharjah Warriorz,  will battle it out on the pitch, featuring some of the biggest T20 stars from around the globe. Whether you’re a die-hard cricket fan or a first-time spectator, the action promises edge-of-your-seat excitement. But this isn’t just cricket…it’s…

Metsera, the US-based obesity drug developer, ended what was turning into a bitter fight between two of the biggest pharmaceutical companies in the world when it accepted Pfizer’s US$10 billion acquisition offer over Novo Nordisk’s upgraded bid. Pfizer, which has been struggling since post-COVID days, is trying to get a foothold in the growing weight-loss market. According to Morgan Stanley, obesity drug sales could grow from $15 billion last year to $150 billion by 2035. Novo and Eli Lilly have been the two companies that have dominated the market. Novo is the maker of Ozempic, a semaglutide that is a GLP-1 receptor…