Author: Emirates Insight
Cable outages in the Red Sea have severely affected internet service across the UAE and wider Middle East…Over the long weekend, internet service across the UAE has been reduced, slowed and in some cases stopped working completely, with users across both du and Etisalat reporting internet issues.As per The National, the reason for slow internet across the UAE is due to ‘a series of cable outages in the Red Sea’ on Saturday, September 6, which has impacted internet use not just in the UAE, but across the Middle East. The issues arose when Microsoft’s Azure cloud, the world’s second-largest cloud…
Operational for 8 years and offering a diverse range of financial instruments to investors, Bitwise is expanding its offerings by listing several new products on a prominent stock exchange in Switzerland. The products will offer exposure to some of the leading crypto assets, along with an index fund that tracks top performers. More Development The asset manager with a portfolio of over 30 crypto investment products, announced yesterday that it will be broadening its European market reach by listing five crypto exchange-traded products (ETPs) on the SIX Swiss Stock Exchange. This inclusion will allow investors to diversify their trading strategies…
The UK Treasury has released a new draft aiming to tighten anti-money laundering rules, with crypto firms directly in the spotlight. These proposals are meant to close loopholes that have made it easier for financial risk to go unnoticed. At the same time, the changes are being pitched as practical enough to let businesses keep running without too much disruption. Tighter Oversight of Crypto Ownership and Control One of the biggest changes targets how the Financial Conduct Authority looks at who controls a crypto firm. Right now, the focus is mainly on beneficial owners, which can miss people who actually…
Qatar’s Hayya platform, now operating under Qatar Tourism (QT), has achieved a major milestone, processing more than 2m e-visa applications since the FIFA World Cup Qatar 2022. Between 2023 and today, more than 1.5m individual applications were submitted, underscoring the platform’s ability to manage large volumes efficiently. The Hayya mobile app now has 2.7m active users, with an average of more than 60,000 applications processed each month since April 2023. Hayya visas in Qatar Director of Hayya Saeed Al Kuwari said: “Following the FIFA World Cup Qatar 2022, we enhanced the Hayya system to accommodate and manage multiple types of…
Crypto markets are getting more solid and are showing resilience this Saturday, and so many news outlets predicting a breakout soon. As of today, the global market cap is steadying at $3.8T to $3.9T, and people are looking for a big Q4 rally amid neutral Fear & Greed. Bullish vibes continue building as altcoins show their strength. (source – crypto market cap, CoinGecko) BTC ▼-1.03% hovering around $110K, ETH ▼-1.18% also bouncing at around $4.3K, and SOL ▼-2.12% strong at above $200. Institutional inflows on ETH ETFs has blasted past $16B, and optimism grows with rate cut talks. Coins like…
Dubai has retained its position as the world’s top destination for executive nomads, according to Savills’ 2025 Executive Nomad Index, cementing the emirate’s reputation as a hub where real estate, connectivity and lifestyle converge. The index, which ranks 30 global cities on their appeal to high-level remote workers, placed Dubai first for the second year running, with Abu Dhabi taking second place. The findings highlighted how the United Arab Emirates continues to dominate the global market for wealthy, mobile professionals who blend work and lifestyle in one location. Savills said Dubai scored highest for its extensive flight network, while Abu…
Trump Media and Technology Group has completed a major cryptocurrency transaction with Crypto.com, acquiring 684.4M Cronos (CRO) tokens. Will CRO price pump in September after this deal? The deal was locked in $105M, and the agreement was confirmed on Sept. 5. Trump Media, which owns Truth Social, revealed that the deal was split between stock and cash. Trump Media and https://t.co/vCNztATkNg have closed their purchase agreement today, with Trump Media completing its acquisition of 684.4 million $CRO to be securely stored and staked with https://t.co/vCNztATkNg Custody. Read more https://t.co/dugLghtx7r pic.twitter.com/82HNBzsTUh — Crypto.com (@cryptocom) September 5, 2025 Half of the payment…
Saudi Arabia’s landmark 564km road through the Empty Quarter desert connects the Kingdom with Oman and is hailed as a unique engineering achievement and a vital new trade artery. The road, which runs from the Batha–Haradh intersection to the Empty Quarter crossing, cost around SR2bn ($533m) and strengthens economic, tourism and pilgrimage ties between the two neighbouring countries. Construction faced the extreme challenges of the world’s largest sand desert. Saudi-Oman road The project required more than 3.3 million man-hours and the removal of 150 million cubic meters of sand. It was completed in two phases: Phase one: 319km of road…
Trading activity on Coinbase’s Base network is heating up, and meme coins are at the center of the storm. If this momentum holds, Base could see its DEX volumes surge past new milestones in 2025. Will Brett, Toshi, and Degen drive the next breakout, or will the hype fade as quickly as it came? Base is showing steady growth in decentralized finance (DeFi) activity. Data from DeFiLlama shows the daily trading volume on Base’s decentralized exchanges (DEXs) is about $1.379Bn. (Source: Base DEXs Volume, DeFiLlama) The weekly total stands near $9.75Bn, even after a 30.8% decline compared to the previous…
Etherscan has expanded to SEI crypto with the launch of Seiscan. As Seiscan goes live, the real test lies ahead – could September bring a shake-up in SEI price? According to SEI’s official blog, Seiscan adds Etherscan’s infrastructure to the chain, giving users detailed blockchain data in one place. Etherscan acts like a search engine for blockchain records, letting people track transactions, wallet activity, smart contracts, token information, and gas costs in real time. Etherscan handles more than a billion API requests each day and serves millions of active users. It is viewed as the standard tool across Ethereum Virtual…