Author: Emirates Insight

For art and culture fans in the city, you don’t need a ticket to see some stunning works of art. You can find it in nearly every corner of the city.Dubai isn’t just a global hub for business and finance; it’s also an open-air art gallery in its own right. Beyond the glittering skyscrapers and buzzing restaurants lies a city alive with creativity.In September 2018, during the inaugural project of Brand Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, stated that Dubai will become an open-air gallery.And now, seven years later,…

TL;DR Ripple’s native token faces a considerable risk of another sizeable double-digit price decline if it doesn’t reclaim a certain level soon. The warning comes amid a market-wide correction that has not spared XRP. XRPUSD. Source: TradingView XRP stood tall at around $3.15 yesterday as the market was trading sideways. However, as the landscape changed earlier this morning, perhaps due to the latest Trump comments in regards to the war between Ukraine and Russia, Ripple’s token joined the rest of the market in a painful move south. In a matter of just a few hours, the asset dropped to an…

Omega Seiki Mobility (OSM), a leading Indian electric vehicle manufacturer, has announced plans to open its first international electric vehicle assembly plant in Jebel Ali Free Zone (Jafza), Dubai, investing AED92m ($25m) over the next five years to accelerate global expansion and meet rising demand for low-emission transport across the region. The 42,000 sq ft facility — Jafza’s first EV assembly plant — will assemble OSM’s range of electric two- and three-wheelers, while also managing storage and distribution of auto components and spare parts. Operations are expected to begin by the end of 2025. Omega Seiki Mobility EV plant in…

Ether (ETH) has been the talk of the crypto community over the last few weeks. Investors are seeing renewed interest and confidence in the cryptocurrency’s potential after almost writing it off for this cycle. While the hype continues to build, analysts at the market intelligence platform have identified signs of increasing selling pressure. This indicates that more investors are gearing up to realize profits as ETH keeps up its positive momentum. ETH Outperforms BTC Ether has entered a bullish cycle against bitcoin (BTC), rallying around its all-time high (ATH) over the past three days. On August 14, ETH climbed to…

Abu Dhabi National Energy Company (TAQA) delivered a 4.5 per cent year-on-year increase in revenue for the first six months (H1) of 2025, reaching AED 28.4 billion (US$7.73 billion), led by higher pass-through costs in the Transmission & Distribution (T&D) segment. Despite solid growth in revenue, EBITDA declined 11 per cent YoY to AED 10.2 billion (US$2.78 billion) and net income fell 19.7 per cent to AED 3.7 billion (US$1.01 billion). Profitability was impacted by an expected decline in oil & gas production following the cessation of production from four UK assets and weaker oil prices, as well as higher…

United States authorities have unveiled a massive reward for any information provided regarding the management members of the Garantex crypto exchange. After operating for years and facilitating billions of transactions involving cybercriminals, the now rebranded entity is under heavy fire. Substantial Reward The Office of the Spokesperson for the US Department of State issued a statement yesterday, announcing that it is targeting the now-obsolete Russian cryptocurrency exchange Garantex, which was allegedly used by a variety of criminals carrying out cybercrime and money laundering within its network. The department’s Transnational Organized Crime Rewards Program (TOCRP) has prepared two rewards, totaling up to $6 million,…

Some of the world’s youngest billionaires are all well below the age of 25, one among the youngest being Clemente Del Vecchio, who is heir to the Luxottica eyewear empire. The likes of Vecchio, Livia Voight (19 years old), Johannes von Baumbach (19 years old) and several others, represent a new generation of ultra-wealthy individuals who have reached financial milestones at a young age. Globally, teenagers and young adults are increasingly accumulating seven, eight, and even nine-figure fortunes through a combination of inheritance, entrepreneurship, and digital innovation. According to a recent study, almost 24 million millionaires live in the US…

WiseLink has made history as the first Taiwan-listed company to adopt a Bitcoin (BTC) treasury strategy. The latest development comes as Asian companies step up their game and increasingly integrate digital assets into corporate reserves for diversification and strategic growth. WiseLink’s $10M Bitcoin Bet According to the official press release, the electronics manufacturer led a $10 million funding round for Top Win International Limited, listed on Nasdaq as SORA, through a three-year convertible note. It also formalizes a capital and technology partnership under the “Bitcoin + Cross-Border Finance” framework. Confirming the development, Jason Fang, founder and managing partner at Sora…

Bitcoin’s price made a new record high just above the $124K mark a few days ago, before printing two consecutive bearish daily candles and dropping back to a key area. Investors are now carefully monitoring the market to find any early signs of reversal. By ShayanMarkets The Daily Chart On the daily chart, Bitcoin is once again testing the lower boundary of its long-term ascending channel, raising the possibility of a downside breakout after months of holding within the structure. Should the breakdown materialize, the $110K region, backed by the nearby 100-day moving average, could serve as a strong support…

Call it the ‘Oracle of Omaha’ touch. Shares of the beleaguered UnitedHealth Group rose by nearly 12 per cent to over US$300 on Friday after Warren Buffett’s Berkshire Hathaway revealed that it bought 5.04 million shares worth US$1.57 billion in the insurance company. It was a typical Buffett move, buying into a company when others sold. The shares were trading at US$630.73 on November 11 but had fallen to as low as US$234.6 on 1 August this year. UnitedHealth shares closed Thursday at US$271.49. Valued at $246 billion by market cap, it maintains its position as America’s largest health insurer. Despite…