Author: Emirates Insight
The Ethereum derivatives market shrank by 45%, with open interest collapsing from $33 billion to $18 billion. Last Friday, trade tensions between the US and China suddenly escalated, triggering the largest cryptocurrency liquidation event in history. As a result, Ethereum, the second-largest digital asset, saw its value drop significantly, breaking important technical support levels and causing a big dip in the derivatives market. A Technical Narrative of Breakdown and Recovery According to an assessment by CryptoQuant analyst _OnChain, the story unfolded across ten distinct areas on a 30-minute chart. In zones 1 through 3, buyers were still in charge,…
How do you land a brand deal with global music superstar Robbie Williams? Easy – send him a song via voice note. At Startmate’s recent Alumni Demo Day in Sydney, Andy Miller from non-alcoholic beer startup Heaps Normal (Startmate class of winter 2020) recalled how he heard from the singer’s team that Robbie was a fan. It’s been more than 25 years since he’s had a drink, but after coming across the brand on his Australian tour. The superstar and brewer began chatting about becoming a brand ambassador, but when the conversation went quiet, Miller followed up by recording himself…
One of Dubai’s most talked-about social events returns this season – the White Party at DRIFT Restaurant, is set to take place on Saturday 25th October from 12PM, in collaboration with premium French Champagne house, Bollinger. Guests will be welcomed with a glass of champagne upon arrival, followed by live performances, a dazzling cabaret show and music that promises an unforgettable evening. Hosted at DRIFT Restaurant, the White Party will feature refined French cuisine and elegant seaside dining, inviting guests to dress in their finest white attire for a day of sophistication, flavour and celebration amongst friends. With the sun…
The Oman Tax Authority has announced a five-year suspension of withholding tax on service contracts for vessels registered under the Omani flag, in a move aimed at strengthening the nation’s maritime and shipping sector. Effective from September 1, 2025 through August 31, 2030, the suspension represents a targeted policy initiative designed to enhance Oman’s competitiveness in the global maritime industry and encourage investment in the sector. Hossam bin Hamad Al Maamari, Director of the Tax Policy Department, said the measure forms part of the Authority’s broader strategy to improve the investment climate and support key economic sectors. Oman tax boost…
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has showcased Dubai’s position as a leading global startup ecosystem during a special session at Expand North Star 2025. Saeed AlGergawi, Vice President of Dubai Chamber of Digital Economy, presented a compelling overview of Dubai’s competitive advantages. He highlighted how the emirate’s unique combination of safety, economic stability, and global connectivity, together with an investment-friendly legislative environment, creates the ideal launchpad for the world’s most ambitious startups. AlGergawi emphasised that these pillars are fundamental to achieving the goals of the Dubai Economic Agenda…
The total crypto market cap has lost over $100 billion daily. Bitcoin’s impressive price recovery that began over the weekend has come to a halt as the asset slumped by over four grand after it was rejected at $116,000. The altcoins have produced even more painful declines within the same timeframe, which include double-digit corrections by the likes of BNB, MNT, ZEC, and others. BTC Slides to $112K The previous business week ended with one of the worst crashes in recent crypto history after US President Donald Trump threatened China with a new set of tariffs for certain products.…
Hi, for those that don’t know me, I’m Tim, the cofounder of Vively, and I was diagnosed as pre-diabetic 3 years ago. When I was diagnosed, it was an absolute maze to try to improve my health. Hours of research, expensive tests, 6-month waits to see a specialist doctor that understands prevention – the list goes on. It became incredibly apparent to me that our health system treats illness, not early risk, and that consumers are demanding more as out of pocket health costs rapidly rise. This personal experience lit a spark in me to build Vively, so that people…
Mercedes-Benz has said that growing competition among electric vehicle (EV) makers in the Gulf is good for the industry, as demand for high-end electric models accelerates in the UAE and Saudi Arabia. Speaking to Arabian Business on the sidelines of GITEX Global 2025, Pablo Souto, Director of Marketing Strategy and Online-to-Offline Integration for Mercedes-Benz Cars Middle East, said the German automaker is “very confident” about the region’s readiness for a new era of performance and electrification. “Competition is a good thing – it pushes the entire industry forward,” Souto said. “Leadership isn’t won by following trends but by defining them.”…
One of the world’s biggest comedy legends is making a very welcome return to the UAE! Russell Peters is coming back to Coca-Cola Arena on Saturday, October 25, 2025, with his hilarious Relax World Tour It’s been six years since he opened the doors of Coca-Cola Arena as its very first headliner. Now, he’s back to do it all over again but even funnier. Here’s what can you expect Over 100 cities across North America, Europe, Australia and Asia have already cried-laughing through this show… And now it’s our turn! From spontaneous audience moments to painfully relatable rants about parenting,…
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today launched at GITEX – the world’s largest tech and AI event –DFSA Connect. This next-generation platform is designed to streamline application processes for authorisations and regulatory approvals. With DFSA Connect,applying for Authorisation to conduct Financial Services in and from the DIFC is now faster, simpler, and more user-friendly and efficient. Throughout 2025, the DFSA has continued to receive rising volumes of applications for Authorisation with a 18% increase in applications during the first three quarters of the year to 30 September 2025. As…