Author: Emirates Insight

Crypto platforms rarely hike fees due to the potential negative impact on their user base and revenue. However, OpenSea, a leading NFT marketplace, has made the bold decision to double its trading fees. Overall, fees play a critical role in determining the activity of decentralized applications (dApps) and overall platform revenue, particularly for open systems, including mainnets. Despite a decline in market activity since the 2020-2022 crypto boom, driven mainly by DeFi and NFT mania, OpenSea remains a dominant force in the $6Bn NFT industry as of September 12, 2025, according to Coingecko. (Source: Coingecko) Presently, CryptoPunks lead the market,…

Aman, Dorchester, Wynn and Six Senses are just a handful of the huge hotels opening soon in the emiratesFrom historic grand dames to revered wellness icons, the UAE’s luxury hotel scene continues to draw global tastemakers. And over the next few years, some of the biggest names in the business are set to bring their world-class hospitality to the emirates.Here’s 8 iconic hotels we can’t wait to see open in the UAE. Aman, DubaiAman has long set the benchmark for meaningful exclusivity in the global resort scene, and its debut Dubai property promises to be no exception. Blending Arabian hospitality with…

The report noted that the UAE’s Purchasing Managers’ Index (PMI) rebounded to 53.3 in August, after easing to 52.9 in July — the lowest level in four years amid regional uncertainty and rising competition. Confidence in the country’s fundamentals was reinforced by Fitch Ratings’ affirmation of the UAE’s sovereign credit rating at “AA-” with a stable outlook, underlining the strength of sovereign assets and bolstering investor confidence. OPEC praises UAE economy The UAE’s non-oil diversification also gained momentum, with foreign trade expanding by 24 per cent in H1 2025, far outpacing global trade growth of just 1.8 per cent. OPEC…

Dubai South is set to welcome a brand new VIP Terminal Boulevard, right across the road from Al Maktoum International AirportStretching 769 metres in Dubai South, the development will include 16 premium buildings and is designed to bring together luxury brands, top retailers and leading aviation companies. The first phase is scheduled to open in 2026, with construction already underway on Aviation One, a six-storey building that will be one of the anchors of the boulevard.The project is led by the Mohammed bin Rashid Aerospace Hub, which says the new district will meet rising demand for aviation-related services while also…

Bitcoin broke through the $115,000 level today, continuing its September rally as U.S. inflation data shaped expectations for Federal Reserve policy. The Consumer Price Index (CPI) came in line with forecasts, while jobless claims rose higher than expected, fueling bets that the Fed could cut interest rates at its upcoming September 17 meeting. bitcoinPriceMarket CapBTC$2.29T24h7d1y This combination of steady inflation and labor market weakness has markets pricing in as much as 75 basis points in rate cuts by year-end. Traders reacted quickly, with Bitcoin climbing to $115,500 and marking its strongest performance since late August. The latest FedWatch data shows…

Felicità is more than a restaurant; it is a stage for food, music, and culture to collide in spectacular styleThe season is upon us, and foodies in Dubai are in for a treat with new restaurant openings that promise to keep their bellies (and their Instagram feeds) satisfied. One of the latest must-visit spots is Felicità, a bold new Italian destination opening at Address Sky View, Downtown Dubai.Step inside, and you’re greeted by a kaleidoscope of Sicilian-inspired artistry: hand-painted tiles, playful patterns, whimsical sculptures, and dramatic chandeliers adorned with cherubic figures. The restaurant is a visual feast of colour, light,…

Abu Dhabi’s Harry Potter brunch returns to Dusit Thani for one magical day The Harry Potter films ended 14 years ago, but the magic is far from fading – no matter what the muggles say. And Abu Dhabi is keeping the magic going with many Harry Potter-themed events and exhibitions, and now there’s an enchanting brunch to add to your list.  Dusit Thani Abu Dhabi is bringing back its Harry Potter Brunch to the capital for one day only on September 28, 2025. The spellbinding brunch will take place at Skydome in the hotel from 12.30pm to 4pm. Prices start…

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), in collaboration with Abu Dhabi Customs, has launched the Golden Food Product List initiative to streamline food imports, strengthen trade flows, and uphold the emirate’s reputation for world-class food safety standards. The initiative prioritises products with a proven compliance record, allowing them to clear customs faster through pre-clearance at border crossings. Companies included on the list benefit from reduced waiting times, lower logistical costs, and expedited market entry, while inspectors can focus on higher-risk products. Abu Dhabi food imports Dr Tariq Ahmed Al Ameri, Acting Director-General of ADAFSA, said the initiative…

The price of the Ondo Finance token increased by 12% in the last 24 hours, reaching $1.13 on September 12, 2025. The rally follows massive hype around tokenized U.S. stocks and ETFs launched through Ondo Global Markets. The surge positions ONDO as a leader in the booming real-world assets (RWA) sector, with growing institutional partnerships and retail momentum pushing it into the spotlight as traders eye higher year-end price targets. ondoPriceMarket CapONDO$10.72B24h7d1y DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Ondo Finance: The Forefront of Real World Assets Ondo once again proves his worth with the launch of…

Activities are better with themIf you’re looking for things to do in Dubai this weekend, but you don’t want to leave your pup behind, we have a fun opportunity that you’ll be guaranteed to both enjoy. Park Inn by Radisson Dubai Motor City is throwing a fun workshop that you can both get involved in. “Paws and Paint” is an exclusive painting session for you and your pooch and will allow you to bond with your canine companion, have fun and take home your artwork.This event is hosted in collaboration with FoscArt, and you can create a custom pet portrait…