Author: Emirates Insight

The dYdX Foundation, joined by 21Shares, held an analyst call on September 18 to present protocol updates, a new institutional channel, and product plans extending into 2026. The briefing covered market access, technology upgrades, and changes to token economics. For institutional investors, 21Shares launched a physically backed DYDX exchange-traded product in Europe.  The ETP holds underlying tokens directly, cutting into the tradable supply while giving funds a regulated wrapper for exposure. On the product front, dYdX outlined several additions. Spot markets and Telegram-based trading are in the works, along with simplified logins for retail users. The team also flagged real-world asset…

PaySelect, the UAE’s first independent digital platform dedicated to simplifying the search for payment solutions, has officially launched with fifteen leading payment providers already on board. Designed for businesses of all sizes – from small startups to large enterprises – PaySelect introduces a new era of transparency and efficiency in an industry long dominated by provider-driven sales. At the heart of the platform is PaySelect’s innovative “Take the Test” tool, which enables merchants to quickly match with the most suitable payment gateways, POS providers, and cross-border partners based on their specific business type, transaction volume, and international needs. With a vision to disrupt the traditional…

The Dubai Comedy Festival is bringing even more laughs this year with a brand-new programme of family-friendly showsSeven acts from around the world will perform in October at the New Covent Garden venues inside Mall of the Emirates. The Dubai Comedy Festival line-up includes award-winning children’s theatre, musical comedy, sketch circus, and even a silent act that has wowed global audiences. The new shows mean that kids, teens and parents can all enjoy the festival together.The big names already confirmedThe festival has already announced a huge line-up of international stars including Tom Segura, NearlyParents, Zakir Khan, My Parents are Divorced,…

Artificial intelligence and automation were the name of the game when it came to startup funding deals this week, with four out of the five startups with new funding embracing AI in some form. Keep reading to find out more about the five local startups that collectively raised more than $340 million, including Firmus, which scored one of the biggest raises of 2025. Firmus Technologies: $330 million L-R: Firmus co-founder Tim Rosenfield, Tasmanian premier Jeremy Rockcliff and Firmus co-founder Oliver Curtis. Source: Firmus Leading this week’s funding round-up is artificial intelligence infrastructure company Firmus Technologies, thanks to a massive $330…

What to expect from UAE weather today with heat, haze and a bit of cloudVisibility is dropping across several areas today as UAE weather conditions trigger a red alert for fog issued by the National Centre of Meteorology. Drivers and commuters should stay alert as dense fog patches are expected in some spots, potentially causing delays.Heat stays onDubai and Abu Dhabi will see highs reach 40°C, with Sharjah close behind at 39°C. The skies will mostly be fair, turning partly cloudy toward the north and east. Winds will hover between 10 to 25 km/h, occasionally picking up but not enough…

Looking at the crypto market today, there’s a real excitement around the FOMC rate cut, the 25 basis points that becomes news headlines everywhere in a mostly positive way as BTC is dancing around 117K USD, ETH is just above 4.5K USD, creeping up about 0.7% in the last day, while XRP is trading close to 3.07, enjoying a 1.6% gain against. If history is any guide, similar rate cuts usually spark 20–30% gains for high-risk assets over the next few weeks. So yes, there’s cause to be mildly excited. bitcoinPriceMarket CapBTC$2.34T24h7d1y Altcoins are getting attention now that the easing…

From Warner Bros. Pictures and Academy Award-nominated, BAFTA-winning filmmaker Paul Thomas Anderson comes “One Battle After Another,” starring Academy Award and BAFTA winner Leonardo DiCaprio. Oscar and BAFTA winners Sean Penn and Benicio del Toro also star alongside Regina Hall, Teyana Taylor and Chase Infiniti, as well as Wood Harris and Alana Haim. Washed-up revolutionary Bob (DiCaprio) exists in a state of stoned paranoia, surviving off-grid with his spirited, self-reliant daughter, Willa (Infiniti). When his evil nemesis (Penn) resurfaces after 16 years and she goes missing, the former radical scrambles to find her, father and daughter both battling the consequences…

The performance marks Sharjah as the UAE’s fastest-growing emirate for FDI, with 74 new projects launched (up 57 per cent year-on-year) and 2,578 new jobs created, a 45 per cent rise from H1 2024. Growth was concentrated in consumer products, food and beverage, business services, and industrial equipment — sectors central to Sharjah’s sustainable economic diversification strategy. Sharjah economy booming Officials noted that the inflow of global capital is directly expanding the emirate’s project pipeline, strengthening industries, and boosting long-term investor confidence. Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), said the exceptional results…

Dubai, one of the most dynamic cities in the UAE, is renowned not only for its luxury lifestyle and architectural wonders but also for being a paradise for thrill-seekers. The city has invested heavily in creating experiences that deliver adrenaline, fun, and unforgettable memories, making it a playground for adventure lovers of all kinds. Theme parks are a major draw, with IMG Worlds of Adventure standing out as one of the world’s largest indoor amusement parks, offering roller coasters, superhero zones, and dinosaur-filled rides that make it perfect for families and thrill-chasers alike. Dubai Parks and Resorts, home to Motiongate, Bollywood Parks,…

The Federal Reserve is back in focus as today’s Federal Open Market Committee (FOMC) meeting could bring the first rate cut of 2025, and traders are closely watching what it could mean for the Bitcoin price. Markets are heavily leaning toward a rate cut at this week’s Federal Open Market Committee (FOMC) meeting. Data from CME’s FedWatch tool shows a 96% probability that the Fed will reduce its benchmark rate by 25 basis points. There is also a small, 4% chance that policymakers could move more aggressively, opting for a 50-basis-point cut instead. (Source – CME Group) The Fed kept…