Author: Emirates Insight

Expo City Dubai Authority and Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, have teamed up to enhance the banking facilities available to Expo City’s diverse business community, boosting operational efficiency and enabling businesses to launch, scale and thrive. The partnership, formalised with the signing of a Memorandum of Understanding by Najeeb Al Ali, Executive Director, Expo City Dubai Authority and Hamad Zayed, Group Head of Business Banking at Emirates NBD, is a significant step in realising Expo City Dubai’s vision as a globally competitive, forward-thinking business hub. Helping ensure smooth, efficient…

In an official statement the Federal Authority for Government Human Resources said that January 1, 2026 will be a public holiday for all federal government employees. It represents the first official holiday of next year and will fall on a Thursday. UAE New Year holiday Furthermore, the authority has ruled that Friday, January 2 will be a remote work day. Unless a role requires physical presence in a workplace, employees will have the flexibility to work remotely. The Federal Authority for Government Human Resources announces the New Year’s Day 2026 holiday for the Federal GovernmentThe holiday will be on Thursday…

SpaceX and BlackRock recently shifted more than $296 million in Bitcoin (BTC) to Coinbase Prime, according to on-chain trackers at Lookonchain. The large transfers landed just hours before the U.S. Federal Reserve confirmed a 25-basis-point rate cut, adding fresh tension to an already shaky market. The timing has drawn traders into a debate over whether these moves signal strategic custody changes or preparations to sell amid heightened volatility. Fresh Transfers Raise Questions as Fed Decision Hits Markets According to Lookonchain, SpaceX moved another 1,021 BTC, worth around $94 million, to a Coinbase Prime-linked address on December 10, continuing a pattern…

1X found some big potential buyers for its humanoid robots designed for consumers — the portfolio companies of one of its investors. The robotics company announced a strategic partnership to make thousands of its humanoid robots available for EQT’s portfolio companies on Thursday. EQT is a large Swedish multi-asset investor, and its venture fund EQT Ventures, is one of 1X’s backers. This deal involves shipping up to 10,000 1X Neo humanoid robots between 2026 and 2030 to EQT’s more than 300 portfolio companies with a concentration on manufacturing, warehousing, logistics and other industrial use cases. 1X will sign individual deals…

Parkin, Dubai’s leading provider of paid public parking facilities, has signed a landmark five-year agreement with DAMAC Properties to manage approximately 3,600 parking spaces across the developer’s portfolio in Dubai and Abu Dhabi. The partnership marks Parkin’s first entry into the Abu Dhabi parking market and forms part of the company’s strategy to expand its footprint in developer-led parking solutions. The collaboration aims to enhance traffic flow, improve user convenience and elevate smart mobility standards across some of the UAE’s highest-profile communities. Parkin teams up with DAMAC Properties According to Parkin, the agreement covers around 500 on-street parking spaces in…

FIA President Mohammed Ben Sulayem marked the most important week in global motorsport and mobility in the Republic of Uzbekistan today with a pledge to bring about more positive change in both sectors worldwide. Ben Sulayem welcomed nearly 500 senior FIA delegates across motorsport and mobility from 149 countries to the FIA Annual General Assemblies in Tashkent, ahead of Friday’s 2025 FIA Presidential Election, and the FIA Awards. He said:“I am proud of the achievements we have realised over the last four years, and my focus remains on ensuring the FIA continues its transformation into an organisation that delivers meaningful…

The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen heightened volatility. Bitcoin (BTC) made another attempt to reach $95,000, but failed and retraced to around $90,000. Some of the leading altcoins are deep in the red today (December 11), with Cardano (ADA) heading south by double digits. Pump and Dump for BTC The Federal Reserve announced its third rate cut for this year, lowering the benchmark by 0.25% to the 3.50% – 3.75% range. While the move was expected and perhaps priced in, it triggered additional volatility for Bitcoin. The primary cryptocurrency shot…

 Data-scraping bot blocker Kasada has raised US$20 million (A$30m) in a round that values the business at $300 million. The round was backed by Swedish private equity giant EQT, with support from existing investors, including Malcolm Turnbull’s Turnbull & Partners, Westpac’s VC fund Reinventure, CSIRO-backed Main Sequence and OIF Ventures, and in the US, New York’s StepStone Group and Californian VC Ten Eleven. The Sydney-founded cybersecurity startup, founded in 2015 by a then-teenage Sam Crowther, first raised $2.5 million in 2018, followed by a $7 million Series A in late 2019, when the CIA’s VC fund, In-Q-Tel (IQT) joined the…

Yango Group, a global tech company, and noon, the region’s leading homegrown e-commerce platform, today announced a strategic partnership to deploy and scale autonomous robot delivery across the region. The partnership begins with autonomous deliveries for noon Minutes customers, moving the technology from pilot stage to a live, operational service at scale. This joint initiative reflects both companies’ commitment to building the next generation of urban logistics and bringing real, everyday autonomy to customers across the GCC. The partnership will focus on deploying the service to communities across Dubai, and, in the longer term, scaling across the UAE and wider…

The National Centre of Meteorlogy (NCM) issued its weather report today for the period from the evening of 12th December until 19th December. The report stated that the country is affected by the extension of a surface low-pressure system accompanied by an upper-level low-pressure system that deepens and weakens at times. This system is associated with various cloud formations and a chance of scattered rainfall at intervals. The NCM indicated that winds will be southeasterly to northeasterly, occasionally turning northwesterly, and will be light to moderate in speed, becoming active at times especially with clouds, and may cause blowing dust…