Author: Emirates Insight
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The Federal National Council (FNC) will on Wednesday debate key legislative and policy issues spanning meteorology governance, higher education admissions and scholarships, Emiratisation in academia, health insurance policy, family protection and the wellbeing of teaching staff. At the forefront of the agenda is a draft federal law amending provisions of Federal Decree-Law No. (6) of 2007 on the establishment and organisation of the National Centre of Meteorology. The proposed amendments aim to strengthen the legislative framework regulating the Centre’s mandate and operations, reflecting the strategic importance of meteorological services in supporting aviation safety, climate monitoring, disaster preparedness and sustainable development…
Observed annually on 28 February, Emirati Day for Education serves as a national milestone reaffirming the central role of learning in the UAE’s development. The day reflects the UAE’s unwavering belief that people remain its greatest asset and the foundation of sustainable progress. The date commemorates the graduation of the first cohort of teachers from United Arab Emirates University in 1982, honoring the teaching profession and underscoring the principle established by the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, that true development begins with investing in people through knowledge and education. The occasion provides an opportunity to…
Perpetual funding rates have turned negative across major exchanges, signaling that short sellers are paying to maintain bearish positions. Bitcoin perpetual funding rates on major exchanges have flipped negative, signaling that short sellers now dominate the derivatives market and are paying to keep their positions open. While negative funding typically reflects bearish sentiment, one analyst is interpreting the current extreme as a potential setup for a short squeeze, arguing that excessive short positioning often precedes sharp upside reversals rather than continued downside. Funding Flips Negative as Shorts Crowd the Market In a February 27 market update, analyst Amr Taha…
Dual listed fintech Block (ASX: XYZ), the parent company of BNPL Afterpay and Square, will cut 4000 jobs – 40% of its workforce, within months, predicting artificial intelligence will deliver major productivity gains for the 6000 workers who remain. Block shares popped more than 27% on the ASX and 23% in after market trade in the US following the news. The cuts came as the company announced a 24% increase in its gross profit to US$2.87 billion in the final quarter of the 2025 calendar year. Block also increased its 2026 guidance to 18% growth in gross profit to US$12.2…
It may be best to avoid Opendoor Technologies (OPEN) right now. Since bottoming out at $0.51 in June, shares of the online real estate company exploded about 2,031% higher to $10.87 in September. That was all thanks to a meme stock frenzy, leadership changes, interest rate cuts, and insider buying. www.barchart.com Unfortunately, since the start of the year, OPEN stock has been halved to about $5 thanks to a challenging real estate environment, concerns about its turnaround strategy, and a decline in revenue. In fact, in the third quarter of 2025, revenue slipped about 34% year-over-year (YOY) to $915 million.…
Anthropic on Tuesday announced a new suite of enterprise offerings, the latest in a series of new capabilities boasted by AI labs like Google, Anthropic, and OpenAI that have shaken investor confidence in a variety of software solutions that may see their core product replaced by an AI facsimile. But some Wall Street analysts aren’t so sure the process will be quite that simple. Dan Ives, high profile tech bull at Wedbush, wrote in a note Tuesday after Anthropic’s announcement that, “While these use cases are impressive, the reality is that these new AI tools will not rip and replace…
Despite rising whale counts, total Bitcoin supply held by stakeholders has not significantly increased yet. Bitcoin has almost reversed its weekly losses after a recovery near $68,000. At the same time, whale wallet growth now suggests distribution among more large holders. Santiment reported that the asset is approaching a new milestone, as the number of wallets holding at least 100 BTC is set to surpass 20,000. 100+ BTC Wallets Surge At current prices, a wallet containing 100 BTC is worth a minimum of $6.78 million. According to the firm, these wallets are typically owned by high-net-worth individuals, investment funds,…
Young UAE-based students and first-time entrepreneurs are given a platform to develop and showcase early-stage business ideas through Red Bull Basement 2026, a global innovation programme delivered locally in partnership with DIFC Innovation Hub and Dubai Economy & Tourism. Active in more than 40 countries, Red Bull Basement connects early-stage innovators to the tools, mentorship and industry expertise required to transform raw ideas into viable startup concepts. The journey culminates in a UAE National Final and a global showcase in Silicon Valley. This year’s UAE editioncentres on turning early concepts into functional prototypes. Participants will leverage advanced AI and development…
The four components of a successful startup are the same today as they were before the artificial intelligence boom, says billion-dollar founder and tech investor Leigh Jasper, defying notions that pivoting to AI is mandatory for new and emerging businesses. Speaking at the Growth Summit on Wednesday, Jasper said today’s soaring AI company valuations coincide with a “steep and fast” bear market for traditional SaaS ventures. Worldwide, investors are cautiously gauging the potential of AI agents, LLMs, and vibe-coding tools to replace subscription-based software. But Jasper, who co-founded $1.6 billion construction management platform Aconex before chairing his own venture capital funds, said the…