Author: Emirates Insight

Investors see a 25-basis-point move as virtually certain after a summer of weakening US job growth and rising political tension between the Trump administration and the traditionally independent central bank. Markets are also watching how the Fed’s new governor, Stephen Miran, and the contested status of Governor Lisa Cook influence the debate on how far and fast to ease policy. “Markets are firmly positioned for a rate cut, with futures assigning around a 95 per cent probability to a 25 bps move,” said Javier Rodriguez-Alarcon, Chief Investment Officer at XTBO and former Goldman Sachs executive. “A 25 bps cut is…

The nights are loud again, and so are these DJ gigs in DubaiParty season in Dubai is rolling in, and if you’ve been missing the late‑nights, the energy, and the groove – it’s all coming back. International artists are lining up, beach clubs are reopening, and the music lovers who paused during the quiet months have reasons to get excited again. Here are all the DJ gigs in Dubai happening this October.Lost Frequencies kicks things offAfter a quiet summer, the volume is going back up. Leading the comeback? Lost Frequencies. The Belgian DJ is set to drop some of his…

New Nairobi route plus daily Mombasa flights as flydubai makes Kenya a fuss-free getaway from Dubai this OctoberKenya is moving closer on the weekend getaway list. flydubai has announced a new Dubai to Nairobi route launching October 15 this year, alongside an increase to daily flights on its Dubai to Mombasa service from October 1. The Nairobi launch will run four times a week from Dubai International (DXB) Terminal 3, giving UAE travellers a simple one-stop choice between the capital’s urban energy and the coast’s Indian Ocean calm.The schedule is geared for long-weekend flexibility. From 15 October, flights to Nairobi…

Binance is in talks with the US Department of Justice to remove the independent monitor that was assigned after the company’s massive $4.3 billion settlement last year. The monitor’s job was to keep an eye on whether Binance was fixing the compliance issues that got it into trouble in the first place. These discussions are still underway, but the two sides appear to be moving closer to an agreement. Why the Monitor Was Put in Place The monitor wasn’t just there for show. It was installed to oversee Binance’s operations from the outside and make sure the company was actually…

Massive new Emirates training centre opens in Dubai as job opportunities ariseEmirates has just opened a brand-new crew training centre in Dubai and is looking for more pilots to join the team. The airline is investing heavily in the future as it prepares for a new fleet of aircraft.A big step for pilot trainingThe new Emirates Flight Training Centre cost around $135 million (about Dhs500 million) to build. It covers more than 63,000 square feet and sits close to the airline’s other training hubs in Dubai. The centre will help train pilots for the Airbus A350s and Boeing 777Xs, which…

Abu Dhabi-based MGX has joined as a co-investor in the Silver Lake-led acquisition of a 51 per cent stake in Altera from Intel Corporation.  The transaction establishes Altera as the world’s largest independent, pure-play Field-Programmable Gate Array (FPGA) solutions provider. The extent of MGX’s investment was not disclosed, but when Intel agreed to sell 51 per cent of Altera to private equity firm Silver Lake, the unit was valued at $8.75 billion. MGX partners with Silver Lake in $8.75bn Altera acquisition from Intel Silver Lake acquired the majority stake in Altera for an equity value of about $3.3 billion, according…

From high-octane party brunches on Saturday, to family-friendly feasts on SundayDubai’s brunch scene offers something for everyone, with hundreds of decadent spreads taking place across town during Saturday and Sunday (and even some through the week, too).But if you’ve exhausted all your usual spots, bookmark these brilliant new Saturday and Sunday brunches in Dubai. SaturdayAfrican QueenA new party brunch bringing the vibes to J1 Beach is African Queen’s ‘Call of the Jungle’ brunch. Taking place every Saturday, the menu promises a flavour-flight through French-Mediterranean dishes, plus free-flowing drinks and live entertainment.Where: J1 Beach, Jumeirah,When: Sat, 2pm to 6pmPrice: Dhs475 house, Dhs675 premiumContact:…

MetaMask has officially launched its own stablecoin, MetaMask USD (mUSD), adding a new player to the expanding lineup of dollar-pegged tokens. What makes mUSD different is that it’s issued directly by the MetaMask wallet itself, which means users stay in control of their funds at all times. There’s no central platform holding your money for you. It’s all self-custodied, straight from the wallet. How It’s Built and What Backs It The stablecoin is created through a platform called Bridge, which works in partnership with Stripe. Behind the scenes, the minting process runs on a protocol called M0. This setup is…

In a bold move set to reshape online interactions, SureSpace, a revolutionary social networking app in Dubai, has officially launched its groundbreaking platform designed to combat the global mental health crisis caused by toxic social media consumption. This is not just another app; it is a digital revolution and a community-first platform happening right here in the heart of the UAE. The Doomscrolling Crisis is Real, and SureSpace Has the Cure The statistics are alarming: 46% of millennials and 53% of Gen Z adults engage in frequent doomscrolling, while 16.5% of adults exhibit “severely problematic” news consumption habits. Even more…

Dubai Culture and Arts Authority has introduced an interactive online edition of the Burj Rashid Exhibition, building on the success of its inaugural showing, which was held with support from the Sikka Platform. First launched to commemorate the 45th anniversary of Burj Rashid, the exhibit aimed at honouring the landmark that has shaped the emirate’s architectural, social, and economic history. It also inaugurated the ‘Dubai Series,’ an initiative that celebrates the city’s creative milestones through engaging, modern formats. The virtual platform invites users to embark on an immersive 360-degree exploration. Audiences can navigate the digital space and discover works from…