Author: Emirates Insight
Australian online healthcare startup Eucalyptus is being acquired by NYSE-listed health and wellness rival Hims & Hers Health in a deal worth US$1.15 billion (A$1.6 billion). The online healthcare startup was founded in 2019 and more than trebles its $520 million valuation following a $50 million raise in April 2023. The cap table includes local funds Blackbird, Airtree, Woolworths VC fund W23, OneVentures, Athletic Ventures, and US investor Mary Meeker’s BOND Capital. Other raises include an $8 million Series A in May 2020, $30m in a Series B in July 2021, and $60m in a Series C in Jan 2022. …
Why Businesses in Dubai Need Professional Storage Solutions Dubai’s commercial landscape has evolved rapidly over the past decade. From multinational corporations establishing regional headquarters to a steady rise in SMEs and digital-first startups, the emirate continues to position itself as a global trade and innovation hub. Supported by regulatory bodies such as the Dubai Chamber of Commerce, new business registrations continue to grow across sectors including logistics, retail, consulting, manufacturing, and e-commerce. As office rents climb in core districts like Business Bay and industrial activity expands companies are reassessing how they use physical space. Leasing larger offices simply to store…
Mawarid Finance has announced the launch of its Ladies World Elite Credit Card, a premium, Shariah-compliant financial solution crafted to empower women with global access, refined privileges, and complete financial control. Rooted in Islamic finance principles and structured under Murabaha and Wakalah, the card reflects Mawarid’s commitment to delivering sophisticated, purpose-driven offerings tailored to modern lifestyles. Designed for women who seek distinction without compromise, the Ladies World Elite Credit Card delivers an elevated lifestyle experience across travel, airport services, dining, luxury hotel stays, shopping, transport privileges, curated memberships, and comprehensive insurance coverage. From seamless airport lounge access to exclusive lifestyle…
du, the leading telecom and digital services provider, today announced the launch of its “Bridging the Space Between Hearts” campaign in alignment with the UAE’s Year of Family initiative. Developed in collaboration with Emirati film director Aisha Al Zaabi and Kuwaiti actor Khaled Al Muthafar, the campaign captures the authentic spirit of Ramadan through a contemporary musical journey that celebrates the everyday moments that unite families and communities across the Emirates during the holy month. The campaign features a specially commissioned contemporary Arabic song that authentically weaves together familiar UAE Ramadan experiences, from pre-dawn suhoor alarms and mosque lights illuminating…
e& UAE, the flagship telecom arm of global technology group e&, in partnership with Samsung Gulf Electronics, today announced All-In TV, a first-of-its-kind service in the MENA region. Customers can get a new Smart TV from a wide variety of Samsung TVs with popular streaming services in a single, simple monthly plan, consolidated on the customer’s e& UAE bill. Designed to remove the complexity and upfront cost typically associated with upgrading home entertainment, All-In TV bundles a Samsung TV with streaming apps, from STARZPLAY alongside OSN+ and Amazon Prime, plus free delivery, professional installation, and an extended two-year warranty. Customers…
destream, a content monetization platform for creators, has officially expanded to the Gulf Cooperation Council (GCC) to offer local creators a global payment infrastructure. The move opens up new opportunities for creators and influencers across the region to scale their income and connect more easily with audiences worldwide. With its expansion into the GCC, destream now allows locally based creators to generate secure payment links, accept multi-currency payments from global audiences, and access fast payouts through destream’s Mastercard debit card. The platform also introduces a built-in eSIM feature, designed specifically for creators who travel frequently and need to stay online…
Gheras Agricultural Company is continuing to develop an integrated agricultural model in Sharjah, in line with the vision of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, to strengthen sustainable food security and promote modern, research-based farming practices. The project includes a factory for honey and therapeutic products, expected to produce up to 120 tonnes annually, alongside student housing, administrative offices, meeting facilities, advanced irrigation networks, and smart technologies specifically designed for desert environments. Al Dhaid was chosen for its favourable agricultural and environmental conditions, strategic location, historic role in farming, and…
Short-term Bitcoin buyers are becoming cautious, and accumulation is slowing even as net positions stay positive. Bitcoin climbed above $126,000 in early October and recently crashed to $60,000 before a modest recovery near $68,000. Despite the brutal swing, many entities are still buying the asset, betting on a much-anticipated price appreciation. But a certain cohort of BTC holders has reduced this pace. Demand Deceleration Data shared by Alphractal revealed that the Short-Term Holder Net Position Change over 90 days is declining, despite remaining in positive territory. This means that while short-term holders are still accumulating Bitcoin, the pace of…
HotDoc, the Australian tech platform connecting patients to their preferred GP, has a new set of owners in private equity firm Potentia, which stands alongside health tech investor Acclivis Group and long-term backer Airtree. CEO and cofounder Ben Hurst confirmed the long-expected news on Wednesday, saying Potentia led the bid for a majority stake in the 13-year-old business. “Together, we will do our darndest to help GP practices and practitioners to deliver the best possible experience for everyone in Australia,” said Hurst, in a statement shared to LinkedIn. A valuation was not disclosed, but media reports suggest it’s between $250…
Ray Wang, the founder of technology research and advisory firm Constellation Research, believes that enough is enough with the selloff in tech stocks. After a stellar 2025, when artificial intelligence (AI) and the companies associated with the revolutionary tech were celebrated, 2026 has suddenly seen a turnaround as skeptics gawk at the capital expenditures that hyperscalers have earmarked for this year. While tthe biggest exchange-traded fund (ETF) covering the “Magnificant Seven” stocks — the Roundhill Magnificent Seven ETF (MAGS) — is down 7% so far this year, the iShares Expanded Tech-Software Sector ETF (IGV) has seen an even sharper downturn…