Author: Emirates Insight
Saad Alfadly will bring over 25 years of experience to Brookfield Asset Management after he was appointed Chairman of the Board for its entity in Saudi Arabia. In the new role, Saad will oversee Brookfield’s strategic direction and objectives in the Kingdom. Over his career, Saad has held senior leadership roles at NCB Capital, Morgan Stanley Saudi Arabia, and the Saudi Central Bank. He was also the Chief Executive Officer of Hassana for over a decade. Bruce Flatt, CEO of Brookfield, commented: “We are pleased to welcome Saad to Brookfield. Saudi Arabia represents a key pillar of our global strategy,…
In August 2024, Leland King Fawcette sold his TROLL holdings for approximately $1,300. At the time, the Solana meme coin had barely moved, and it looked like just another throwaway token. Fast forward to today, and TROLL’s market cap has exploded past $158 million. If he had held on, his bag could have been worth more than $36 million. Bought for the Hype, Sold Before the Price Explosion Fawcette says he picked up TROLL with plans to promote it through a few influencer campaigns. But after a few days of silence and no price action, he decided it wasn’t going…
Why wait for the weekend? From padel parties to squash games, dance workshops to ladies’ night deals, Abu Dhabi’s Wednesday scene is buzzingFun isn’t on standby until the weekend. Not in Abu Dhabi and definitely not tonight. While most people are waiting for Friday to roll around, there’s a handful of locals who’ve figured out the secret to beating the midweek slump: get out, move your body, and meet people who are just as tired of routine as you are.Wednesday nights in the capital have quietly become the city’s best-kept secret. From sweat sessions with strobe lights to dancing in…
A fortnight ago a staggering 870 industry leaders packed into Centrepiece at Melbourne Park for an annual gala hosted by LaunchVic, the State Government’s startup agency. With stakeholders from across industry, investment, university and ecosystem the room was a buzz with the sound of deals being done and of problems being solved. And it couldn’t have come at a better time. As debate rages over the future of the city’s innovation economy, and rightly so, the evening was a stark reminder of why Melbourne is one of the best cities in the world to live. Although far from perfect, it…
Dubai road closures are ramping up, and your commute might be nextFrom major highway expansions to inner city detours, Dubai road closures are in full effect as the city pushes forward with an ambitious wave of transport upgrades. Whether it’s for the Etihad Rail, metro expansions, or neighbourhood access improvements, the goal is to ease congestion and future-proof the city, but in the meantime, drivers should brace for diversions, delays, and detours.Here’s a breakdown of all the key roadworks happening right now, and what you need to know to stay ahead of the traffic.Al Barsha: Key Road Closures on Umm…
Coinbase has rolled out a new feature called Embedded Wallets, aimed at developers who want to bring crypto functionality directly into their apps. It’s part of the Coinbase Developer Platform and is currently in beta. The idea is simple. Instead of making users jump through hoops with seed phrases or external apps, developers can let people create a wallet just by logging in with email or SMS. Focused on Stablecoin Use This tool is clearly designed with stablecoins in mind. The wallet supports USDC by default and includes rewards for holding it. That makes it easier for apps to handle…
Heads up Dubai drivers, Al Barsha Road closures are now in effect as part of a major revamp on Umm Suqeim StreetIf you regularly commute through Al Barsha South, you’ll want to take note, the Roads and Transport Authority (RTA) has closed the entry and exit points to the area from Umm Suqeim Street. The temporary closure is part of the Umm Suqeim Street Development Project, which is currently over 70% complete.The RTA confirmed that diversions are in place until the works at the intersection wrap up, although a final reopening date hasn’t been announced yet. In the meantime, motorists…
Azizi Developments, a leading private developer in the UAE, announced the launch of Azizi Abraham, a new residential development located within the Jebel Ali Free Zone (JAFZA), the UAE’s flagship integrated business hub. As one of the few freehold residential properties in JAFZA, the project offers investors the chance to own their home in the heart of one of the world’s largest free zones and the region’s biggest port, with access to key destinations in the city. With direct access to the metro and Sheikh Zayed Road, Azizi Abraham offers accessibility to key commercial and leisure destinations, including Ibn Battuta…
SKIMS have previously only been available online in the UAE until nowThis is exciting, first a Primark, then an Ulta Beauty and now there’s a new development in international stores arriving to Dubai. SKIMS is opening a physical store in Dubai, specifically in the Mall of the Emirates. The American clothing and swimwear brand is making its first physical store debut in the country.Until now, the brand was primarily available through shopping website Ounass, under the Al Tayer Group. Al Tayer Group are the powerhouse behind huge brands in the UAE such as Harvey Nichols, Prada, Bloomingdales and more.SKIMS is…
The China crypto ban just added another delicious layer to the Asian markets. China is creating a dip so they can buy it. Our theory at 99B is that China bans BTC ▼-0.86% when the price is high and unbans it when the BTC price is low, so their citizens and companies don’t buy high. Forced diamond hands. In addition, Beijing announced this week that it will start unloading its stockpile of seized crypto through licensed exchanges in Hong Kong. By pushing confiscated assets into licensed platforms, China injects liquidity, props up volume, and molds Hong Kong into a pricing…