Author: Emirates Insight
The UAE has established the UAE Logistics Integration Council, chaired by Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, to unify strategies across ports, customs, roads, railways, and maritime systems and strengthen the country’s global trade position. Held at the ministry’s Dubai headquarters, the first meeting brought together all federal and local entities involved in the logistics sector to coordinate policies, streamline procedures, and develop integrated services aimed at boosting efficiency and reinforcing the UAE’s role as a leading global hub. Al Mazrouei said the council aims to increase the logistics sector’s contribution to the national economy from AED136.7bn…
Major cryptocurrency exchanges are experiencing notable changes in stablecoin holdings, with Binance at the forefront. The exchange has increased its reserves significantly this year, signaling strong market confidence in both its platform and in digital dollar assets. This expansion at Binance reflects a broader trend across the sector, as stablecoin liquidity on centralized exchanges has reached a record $68 billion. The milestone underscores the growing importance of stablecoins in facilitating trades and hedging strategies. It also highlights their role in supporting broader market activity within the crypto ecosystem. Binance Leads in Stablecoin Reserves According to a CryptoQuant report, Binance holds…
Bitcoin’s price tested the crucial $110,000 support on a couple of occasions in the past few days, but has ultimately remained above it, at least for now. While most larger-cap alts are sluggish during the weekend, some, such as M, WLFI, and OKB, have marked impressive gains. BTC Defends $110K The primary cryptocurrency had a volatile week that started on the wrong foot on Monday. It traded around $109,500 on Sunday, but the bears quickly took control and pushed it south to a multi-month low of $107,200 (on Bitstamp). It reacted well, initially, to this decline, but tested that level…
Etihad Airways has reported its strongest-ever half-year performance, delivering record profitability and passenger numbers in the first six months of 2025, underlining the airline’s momentum in growth, efficiency, and customer experience. Profit after tax reached AED 1.1bn ($306m) in H1 2025, a 32 per cent increase year-on-year, driven by strong customer demand, productivity gains, and improved yields across both passenger and cargo. Total revenue rose 16 per cent year-on-year, supported by 16 per cent passenger revenue growth and 9 per cent growth in cargo. Etihad Airways results EBITDA increased 24 per cent to AED 2.7bn ($739m), with the EBITDA margin…
TL;DR The most utilized AI solution speculates on which of the two highly popular altcoins will post more substantial price increases (if any) by the end of the year. So far, the battle between the two has been won by Ripple’s native token, but will this trend continue in the following months? XRP Vs. ADA Recall that both assets struggled for most of the previous year, especially in the months leading up to the US presidential elections. At the time, ADA was confined in a tight range between $0.3 and $0.5 from late April to early November. XRP fluctuated between…
Restaurants in the UAE that make us feel at homeThese are the restaurants the What’s On team turns to when we’re missing home, the restaurants that serve up more than just food but memories too.Liam Joyce, EditorPortugal and South AfricaDubai: Nando’s When the craving for flame-grilledchicken hits, there’s really only one answer: Nando’s. The South Africanborn Afro-Portuguese inspired brand (just like me) has become a global favourite, but there’s something special about sitting down to a plate of peri-peri chicken here in Dubai. Maybe it’s the mix of spice levels (from lemon and herb to extra hot, depending on your bravery),…
Executives and brokers say demand from billionaires and family offices has returned to the World Islands after more than 15 years of limited activity. Market reports and broader listings suggest pricing spans from around AED 50-125 million ($14-34 million). Entire islands could command up to AED 588 million ($160 million), according to Ben Bandari, founder and CEO of property firms Benco and DevCore. “When The World Islands was first announced, it was seen as one of the most daring real estate projects ever attempted – pure Dubai ambition,” Bandari told Arabian Business. “Now… they’re viewed as an ultra-exclusive opportunity that…
In Africa crypto news this week, Ripple crypto continues to expand its global presence with several partnerships to expand its stablecoin usage in Africa. Behind Ripple is the XRP crypto, among the most valuable coins, far exceeding ADA crypto or Dogecoin meme coin. Ripple is also the issuer of RLUSD, a stablecoin targeting institutions. On the Western coast, the Nigerian Senate is working with the country’s blockchain association to formulate more crypto regulations. As crypto adoption picks up steam, more countries in Africa are looking to regulate it. Kenya has made notable progress, and South Africa is ahead as far…
If you’re looking to escape the city, consider basking in the beautiful nature of Umm Al Quwain….The second smallest emirate in the UAE is thriving with glamping spots, waterfront promenades and cosy new cafes. We’ve scouted them out so you don’t have to…Go glampingSure, the UAE has several glamping options that take you from desert to mountain to seaside. But the latest addition to the emirates’ glamping scene is Luxe Glamp, putting an elevated spin on the glamping experience with its futuristic glass domes, lined along a boardwalk that gazes out over the mangroves. The Bali-inspired interiors are befitting of…
Tax advisory firm Dhruva has welcomed a major UAE corporate tax update that allows 4 per cent annual depreciation on investment properties held at fair value. Effective since January 1, 2025, the new rule supports real estate and capital-intensive sectors by boosting compliance, flexibility, and investor confidence. The UAE Ministry of Finance issued Ministerial Decision No. 173 of 2025, introducing tax depreciation on investment properties (IP) held at fair value. UAE real estate tax rules Effective January 1, 2025, the amendment is designed to enhance consistency in the corporate tax regime, benefiting businesses in the real estate and capital-intensive sectors…