Author: Emirates Insight

The UAE Artificial Intelligence, Digital Economy, and Remote Work Applications Office has announced that Google Gemini ranked first in the “AI in the Ring” Index, the world’s first benchmark designed to evaluate how effectively AI language models reflect Emirati culture, dialects, traditions and national values. Gemini secured the top position after a review of more than 400 questions and 5,200 generated responses from 11 major language models. A committee of Emirati experts assessed each model’s outputs to identify which systems demonstrated the strongest cultural understanding. UAE AI cultural understanding test The ranking of AI models included: 1 — Google (Gemini…

The Dubai Sports Sector Strategic Plan 2033, launched by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, aims to develop the sports sector and enhance its competitiveness and global appeal. It also aims to increase the number of major sporting events hosted by Dubai annually by 250 per cent in the coming period. The plan aims to attract more than 4 million people annually to its major sporting events at Dubai’s existing sports facilities and stadiums that have been built to the highest standards. It also seeks to increase the number of…

Arthur Hayes predicts equity perps on crypto exchanges will overtake CME-style futures and hollow out legacy stock markets. Outspoken BitMEX co-founder Arthur Hayes has said that crypto-style perpetual futures will “kill” traditional stock exchanges, arguing that equity price discovery will move to 24/7 perp markets on crypto platforms. His forecast is coming on the back of U.S. and Asian exchanges like CBOE and SGX getting ready to roll out their own perpetual products by the end of 2025. Hayes frames this as an “adapt or die” moment for traditional finance (TradFi), claiming that if established exchanges don’t copy crypto’s…

This week’s funding round-up features a rewards platform for small businesses, a New Zealand agritech company that is tackling methane emissions, a medtech startup pioneering a non-invasive bladder-health treatment, and an edtech venture that is helping ease the admin burden for schools and educators. Keep reading to learn more about Pay.com.au, Ruminant Biotech, Australis Scientific and Paperly. Pay.com.au: $25 million Former Pay.com.au CEO Edward Alder has transitioned into the role of managing director, while Grant Austin has stepped into the role of CEO. Source: Supplied. Last year’s Smart50 winner Pay.com.au leads the funding round-up this week, after raising $25 million in…

Expo City Dubai Authority has signed a partnership with Emirates NBD to strengthen banking services for its growing business community, improving operational efficiency and supporting companies at every stage of their development. The partnership was formalised through a Memorandum of Understanding (MoU) signed by Najeeb Al Ali, Executive Director of Expo City Dubai Authority, and Hamad Zayed, Group Head of Business Banking at Emirates NBD. The agreement represents a major step toward advancing Expo City Dubai’s vision of becoming a globally competitive, innovation-led business hub. As part of the collaboration, Emirates NBD will offer tailored financial solutions designed to help…

The countdown is on! Dubai’s most electrifying shopping moment of the year, the 3 Day Super Sale (3DSS), officially kicks off tomorrow 28 November and continues to ignite the city with extraordinary savings until 2 December. For the first time ever, two extra days have been added to the shopping weekend in celebration of the 54th Eid Al Etihad, unlocking a total of five days packed with incredible discounts of up to 90% off across more than 500 top brands and over 2,000 stores. Organised by Dubai Festivals and Retail Establishment (DFRE), this year’s edition kicks off with a game-changing…

Art Dubai today reveals the first details of its 20th anniversary edition. Looking ahead to its third decade, Art Dubai stands as the pre-eminent art fair for the region, championing the artists, galleries and collectors whose ideas and practices are shaping the art world’s future. Honouring both its legacy and anticipating new futures, Art Dubai 2026 features five reconfigured sections that reflect the fair’s 20th anniversary edition framework ‘Future, Past, Present’. Welcoming more than 100 modern, contemporary and digital presentations from over 35 countries, Art Dubai’s 2026 edition features a multidisciplinary and multicultural line-up that reflects the momentum and character of Dubai: dynamic, diverse…

The Dubai economy expanded by 4.4 per cent in the first half of the year to reach AED241bn ($65.6bn), as Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai directed government entities to intensify support for the private sector and accelerate progress towards the Dubai Economic Agenda, D33. Sheikh Hamdan used the latest edition of the Dubai Majlis to call for deeper collaboration with businesses and a sharper focus on identifying new growth opportunities. Co-hosted by the Dubai Department…

ETH and ADA are seeing rising whale interest. Whales are increasingly favoring long positions over retail traders in Ethereum (ETH) and Cardano (ADA), Alphractal found after gauging the Whale vs Retail Delta, a metric that measures net leveraged positioning between large and small investors. A positive delta indicates that whales are aggressively buying and leaning into longs, while a negative delta typically reflects distribution, with whales reducing longs or opening shorts even as retail continues buying. Whale Confidence Amid Market Turnaround The latest observation by the analytics firm comes amidst a broader market rebound. Ethereum, for one, has shown…

Build Mode is back with a holiday bonus episode. This week, Startup Battlefield editor Isabelle Johannessen is joined by the winner of this year’s competition, Kevin Damoa, the CEO and founder of Glīd, a logistics infrastructure company that aims to streamline the complex container shipment process. Damoa first discovered the challenges of shipping larger cargo as a new enlistee in the U.S. Army, where he worked on a team loading tanks and Bradley fighting vehicles onto the railroad. He learned firsthand that while railways don’t have the same congestion as roads, they come with their own set of problems. The…