Author: Emirates Insight

Elon Musk’s X and xAI are seeking billions in damages from Apple and OpenAI in a lawsuit filed against the two companies over stopping competition in artificial intelligence. xAI, Musk’s artificial intelligence startup, filed the lawsuit in a US federal court in Texas on Monday. “This is a tale of two monopolists joining forces to ensure their continued dominance in a world rapidly driven by the most powerful technology humanity has ever created: artificial intelligence,” the lawsuit said. “Working in tandem, Defendants Apple and OpenAI have locked up markets to maintain their monopolies and prevent innovators like X and xAI…

One of the City’s biggest banks has reframed Ethereum’s sharp ETH USD price pullback from its all-time high as a golden entry point. Standard Chartered’s head of digital assets, Geoffrey Kendrick, told clients this week that ETH USD remains structurally undervalued, setting a $7,500 year-end target on the back of rising institutional demand and a wave of treasury allocations. Kendrick’s note highlighted that Ethereum-focused exchange-traded funds and corporate treasury firms have accumulated 4.9% of circulating supply since June, a figure he expects to hit 10% by year-end. That steady absorption of tokens has been the decisive factor behind ETH’s run…

Cyber Gear is one of the first companies to receive the Dubai AI Seal in recognition of its development prowess for AI Agents and AI-Powered industry solutions. This government-issued recognition positions Cyber Gear among a select group of trusted AI providers actively shaping the future of Dubai’s digital economy. Dubai Centre for Artificial Intelligence is a cross-government initiative with the mandate of speeding up AI adoption in all Dubai government. Operated by the Dubai Future Foundation, it serves as Dubai government’s centre of excellence. With world-first initiatives such as the Dubai AI Seal, it ensures the delivery of value from…

Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is at the center of this shift, which now manages more than 781,000 BTC—about $88 billion in assets. That’s nearly 6.5% of ETH ▼-2.56% circulating supply locked into a single vehicle, surpassing the reserves of many major exchanges. Net inflows into IBIT have consistently outpaced rival…

Flynas has announced the resumption of direct flights between Jeddah and Kuwait as of November 1, 2025. The decision is part of its growth and expansion strategy, aligned with Saudi Arabia’s national objectives in the aviation and tourism sectors. From November 1, flynas will operate three weekly flights between Kuwait International Airport and King Abdulaziz International Airport in Jeddah. Flynas Jeddah-Kuwait flights With the addition of this route, the airline’s total flights between Saudi Arabia and Kuwait will rise to 10 weekly services, including one daily flight between Riyadh and Kuwait. This expansion is in line with the airline’s growth…

Dubai’s vision for the future of gaming took centre stage at Gamescom 2025, the world’s largest gaming event in Cologne, Germany. The Dubai Pavilion drew thousands of visitors, international delegations, and leading global companies eager to explore the vast opportunities offered by the emirate and the UAE in this rapidly growing sector. The pavilion marked the first official government-led participation from the Middle East at Gamescom, bringing together three key entities: Dubai Future Foundation, Dubai Culture & Arts Authority (Dubai Culture), and Dubai Multi Commodities Centre (DMCC). Together, they highlighted Dubai’s commitment to becoming a leading global hub for gaming,…

The UAE weather forecast for today is hot and hazy, with temperatures set to climb above 40ºC across much of the countryAccording to the National Center of Meteorology (NCM), the UAE weather forecast shows Abu Dhabi hitting highs of 43ºC, while Dubai will hover around 40ºCCloudy skies with a chance of rainIt won’t be just sunshine across the UAE today. Forecasters say the weather will be fair to partly cloudy, with the possibility of light rain in the morning in some areas. Clouds may build up at times during the day, giving short breaks from the heat.Sticky nights aheadIf you’re…

ETH ▼-2.56%, SOL ▼-3.49%, and Hyperliquid have shown steady gains this week amid a market dip with crypto fear and greed index hitting neutral. Ethereum climbed 3% over seven days to $4,400 from $4,300, hitting an all-time high of $4,946 before dropping to today’s level. The Ethereum ATH is likely driven by spot ETF inflows that reached $3.75 billion. (Source – X, Bitcoin Fear and Greed Index) Solana, on the other hand, rose 3.4% to $187, with trading volume hitting $14 billion, which saw it go as high as $198. Hyperliquid’s HYPE edged up 3.9% to $44.83, and its DEX…

Packing, shifting, and unpacking in Dubai can be stressful, but these moving companies make it much easierMoving house in Dubai is a big job. From boxing up all your belongings to dismantling furniture and setting up in your new place, the tasks can seem endless. Thankfully, there are local moving companies that know the city inside out and can take care of the heavy lifting (literally). The team will allow you to save time and cut out your stress, allowing you to settle into your new home with ease.Here are four trusted services to make your Dubai move smoother.On the…

Etihad Airways has announced the launch of its New Destination Sale, giving travellers across the UAE and GCC savings of up to 30 per cent on flights to six new destinations in its expanding global network. The promotion features discounted fares to Hong Kong, Chiang Mai, Krabi, Phnom Penh, Tunis, and Addis Ababa, valid for bookings made until August 28. Travel dates cover the period from September 1 to December 31, 2025, spanning both the autumn season and the end-of-year holidays. Etihad Airways flight sale Etihad said the campaign caters to diverse travel preferences, from cultural expeditions in Tunisia’s historic…