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Author: Emirates Insight
106-year-old retail brand operator closing all stores in bankruptcy
The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to shifting consumer preferences, rising operating costs, e-commerce growth, and intensifying competition. Many longstanding companies that once dominated shopping malls are now suffering mass closures or disappearing entirely, proving that nostalgia and decades of brand history are no longer an advantage in today’s retail landscape. Now, one of America’s most recognizable outdoor apparel brands is joining the list. After 106 years in business, Eddie Bauer will permanently close all its physical retail stores following a failed attempt to sell its store portfolio…
Elon Musk Confirms Early Public Access Launch of X Money Next Month
X Money will be launching its early public access as soon as next month, Elon Musk confirmed. The much-anticipated financial app, planned and developed by the popular social media platform X (formerly Twitter), is coming to market sooner than some may have anticipated. Elon Musk posted on X to reveal that the app’s early public access launch will take place as soon as next month. 𝕏 Money early public access will launch next month — Elon Musk (@elonmusk) March 10, 2026 Why it Matters for Crypto? As CryptoPotato reported earlier, Musk’s vision of transforming social media into an “everything…
The NSW government is getting into startup lending with a $20 million commercialisation fund
The NSW government is putting $20 million into a program for startups to fund commercialisation, but it comes with a catch – they have to pay it back. The Emerging Technologies Commercialisation Fund “is designed to help NSW startups turn world-class research into market-ready products, services and systems”, creating high-value jobs and ensuring NSW remains the best place in Australia to start and grow an innovative business” a media release from innovation, science and technology minister Anoulack Chanthivong said, with preliminary applications for the first $7 million in funds open until April 29. The ETCF is geared to back startups…
Mohamad Dandashi Contributes AED 5 Million In Support Of The “Mother Of The Nation Endowment For Orphans” Initiative
Mohamad Dandashi has contributed AED 5 million in support of the “Mother of the Nation Endowment for Orphans” initiative, reaffirming the importance of strengthening endowment (waqf) culture as a sustainable development model that ensures continued support for the most vulnerable members of society. Launched by Awqaf Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, the initiative aims to establish a long-term endowment funding source dedicated to orphan care. Through the investment of community contributions and the allocation of returns to education, healthcare and living support, the initiative enhances orphans’ quality…
S&P Global Ratings affirmed its ‘AA/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on the UAE with stable outlook. The stable outlook reflects the agency’s view that the UAE’s large fiscal and external buffers should provide space for policy maneuvering during adverse geopolitical developments or unfavorable hydrocarbon sector dynamics, including disruption in oil production or exports, said the agency in its latest rating on the UAE. ”Our ratings on the UAE remain supported by the government’s strong fiscal and external positions. Our estimate of the exceptional strength of the government’s consolidated net asset position (estimated at 184%…
In 2026, ‘visibility’ is no longer just about sitting on page one of Google. AI-first search experiences like ChatGPT, Gemini and Perplexity now generate answers on the spot, which means brands can win attention without a click ever happening. For businesses in Dubai, especially B2B firms, founders building authority, and brands competing in generative search, AI visibility has become a real commercial lever. That change has created a new need: proper AI visibility tracking. But with a growing list of platforms claiming to measure it, what is genuinely the best tool for checking AI visibility in Dubai? What AI visibility…
The U.S. tax code is designed to collect higher taxes from households with higher incomes. With tax brackets ranging from 10% on the lower-income side to 37% for the wealthiest, “higher-income Americans tend to face higher marginal tax rates and pay more in federal income taxes,” the nonprofit Tax Foundation says. So, why do we hear about the wealthy paying less tax? To understand how millionaires often reduce their taxes, it’s helpful to look at the strategies and advice they receive. Here are some of the tax tricks millionaires use to lower their tax burden. Read more: How billionaires get…
Final Opportunity To Participate In Sustainable Impact Challenge 2026 By Majra – National CSR Fund
As the deadline for submitting sustainable projects approaches, Majra – National CSR Fund invites project leaders from the Private Sector, Third Sector, and Academic Institutions to participate in the Sustainable Impact Challenge 2026, a National Challenge designed to advance CSR, ESG and Sustainability in the UAE. With registration approaching its final deadline, organisations are encouraged to submit their projects and showcase their sustainable impact in the UAE. Projects that won in the first edition of the Sustainable Impact Challenge last year received national recognition, including cash awards, as well as the Verified Impact Project designation from Majra – National CSR…
His Excellency Faraj Ali Bin Hamoodah Allocates AED 30 Million Building To Support The “Mother Of The Nation Endowment For Orphans” Initiative
Emirati businessman H.E Faraj Ali Bin Hamoodah, one of Abu Dhabi’s pioneering business leaders, has allocated a building valued at AED 30 million in support of the “Mother of the Nation Endowment for Orphans” initiative. The initiativewas launched in the Year of the Family by the Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. It aims to establish a sustainable endowment (waqf) fund dedicated to supporting orphans in the UAE by enhancing their quality of life and enabling long-term, structured care across priority…
Nigel Farage Invests in UK Bitcoin Firm Led by Former Chancellor Kwasi Kwarteng
Stack BTC Plc, chaired by ex-Chancellor Kwarteng, raised $347K from investors including Nigel Farage to support its Bitcoin treasury plan. Stack BTC Plc has raised $347,204 from several entities, including Nigel Farage, leader of the Reform UK party, and Blockchain.com. The fundraising was carried out through the issuance of 5,200,000 new ordinary shares at 5 pence per unit, with plans to use the proceeds to buy and grow UK businesses, build a Bitcoin (BTC) treasury, and fund general working capital. Stack’s BTC Fundraise A March 9 press release shows that Farage’s financing was made as a show of his…
