Author: Emirates Insight
Bitcoin encountered renewed selling pressure at the key $70K resistance level, resulting in a clear rejection. As a result, the price action has transitioned into a consolidation phase above the critical $60K support zone, with further fluctuations likely in the near term. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC’s rebound from the $60K demand region stalled at the $70K resistance, where sellers regained control. This level closely aligns with the midline of the descending channel, reinforcing its technical significance. A decisive break above this dynamic boundary would be required to restore bullish momentum. For now, Bitcoin…
As geopolitical tensions, de-globalisation, and economic uncertainty reshape global capital flows, the United Arab Emirates (UAE) is consolidating its position as one of the world’s most trusted and resilient financial gateways, according to a new report by Emerging Markets Intelligence & Research (EMIR), supported by Qashio. The report, ‘Mapping the UAE’s Role as a Global Financial Gateway’, highlights how the UAE is attracting high levels of foreign direct investment and financial activity at a time when capital is retreating from many traditional markets. Foreign direct investment into the UAE doubled to $40 billion (between 2019 and 2024), reaching record levels…
Startmate has launched a dedicated Social Enterprise stream in its pre-accelerator program, Launch Club, to back founders building solutions to complex social and environmental challenges. The social enterprise stream will kick off in late March, with 4-6 fully-funded scholarship places available as part of Launch Club. Applications are open now and close on March 1. You’ll find more details to apply here. They’ll be part of the core program, which features high-calibre peers, operator-led education, and deep community support, while introducing tailored guidance from leaders within the social enterprise ecosystem. Serial founder, early-stage adviser, coach, and social enterprise advocate Dave…
The Mohammed Bin Rashid Aerospace Hub at Dubai South has reached a historic milestone, reporting a record-breaking 20,289 business aviation movements in 2025. This 17% increase over the previous year represents the highest private jet activity ever recorded in the emirate. In Q4 2025, MBRAerospace Hub recorded over 6,926 movements, reflecting an18% year-on-year increase compared to Q4 2024. This sustained growth was driven by several factors, including Dubai’s position as a year-round global hub for business, exhibitions, leisure and entertainment, as well as the successful hosting of the Dubai Airshow 2025, GITEX Global and World Government Summit, among others. This…
Blacklane, the global chauffeur service, has joined Visa’s Global Travel Program in Dubai, expanding access to luxury mobility benefits for international Visa cardholders visiting the UAE. Through this collaboration, international Visa cardholders will be able to enjoy exclusive rewards and preferred rates when booking Blacklane’s chauffeur services in both Dubai and Abu Dhabi. The new Blacklane benefits support seamless airport transfers, business travel, and comfortable city journeys across one of the world’s most active travel hubs. Dubai was selected as a flagship destination for Visa’s Global Travel Program, reflecting its role as a global travel hub and a high-engagement market…
A milestone moment unfolded for the UAE at the Winter Olympics, as Alex Astridge officially competed as the nation’s first male alpine skier on the Olympic stage. The moment marked more than just a debut… it signalled the UAE’s growing presence in global winter sports. Alex’s journey is uniquely homegrown. Raised in the UAE, he first learned to ski at Ski Dubai at the age of just three, taking his earliest turns on indoor snow inside Mall of the Emirates What began as childhood lessons gradually evolved into years of structured training, competitive racing, and relentless commitment to the sport.…
CZ said Binance holding 87% of USD1 reflects user demand, arguing the exchange dominates most major stablecoins. Binance users hold about 87% of USD1, the Trump-linked stablecoin, according to a Forbes report published on February 9, 2026, putting most of the token’s circulating supply on a single exchange. The concentration has drawn criticism online, but Binance founder Changpeng “CZ” Zhao says the figures reflect user demand across stablecoins rather than special treatment tied to politics. Exchange Dominance Draws Focus The Forbes report found that Binance controls roughly $4.7 billion of the $5.4 billion USD1 supply, based on Arkham Intelligence…
AI-powered journey mapping and product insights platform cofounded by Canva’s former head of product has raised US$7 million (A$9.9m) in Seed funding. The round for Adora was led by Blackbird Ventures, supported by Designer Fund, Skip Capital, Co Ventures and Garuda Ventures. Adora, founded by Omar Salem and Nathan Scully, has already launched with product teams from the likes of Canva, Notion, Replit, Granola and Chess.com using it in private beta, with another 2000 companies on Adora’s wait list to have a crack. Adora captures every screen, interaction, and user path across a product automatically, so you don’t have to worry…
Third Point Management, a New York-based investment advisor, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Third Point returned 1.9% net in the flagship Offshore Fund in Q4 2025. The same trends that drove markets higher in Q4 2025 have extended to early 2026. In an AI-dominated market, capital-intensive businesses and the healthcare sector are gaining attention from investors. Please review the Fund’s top five holdings to gain insights into their key selections for 2025. In its fourth-quarter 2025 investor letter, Third Point Management highlighted stocks such as Somnigroup International Inc. (NYSE:SGI). Somnigroup…
Joby Aviation, Inc., the company developing electric air taxis for commercial passenger service, previewed its full-scale electric air taxi mock-up at the Dubai Mall, offering the public an up-close look at the aircraft ahead of Dubai’s planned launch of air taxi services later this year. Running daily from 30 January to 5 February 2026, the display was located at the Dubai Fountain area near Burj Park, with the Burj Khalifa as its backdrop. The activation highlighted how advanced air mobility could soon become part of Dubai’s everyday transport ecosystem and showcased the quiet, zero-operating emissions technology that underpins Joby’s vision…