Author: Emirates Insight

ENOC Group, a leading integrated global energy player, has announced the opening of a new service station in Jebel Ali Free Zone (JAFZA), expanding its network to 207 locations nationwide. In line with the Group’s commitment to strengthening its retail capabilities and meeting Dubai’s expanding energy demands, the station is strategically positioned to serve JAFZA’s industrial and logistics sectors. The launch is part of ENOC’s long-term growth plan to provide sustainable and integrated energy solutions while reinforcing its position as an innovative and forward-thinking energy solutions provider. The new station operates across a 5,830-square-metre site with two distinct service areas:…

The Dubai Marathon will see the biggest turnout of marathon runners in its history when the 42.195km marquee race gets underway on Sunday (February 1), marking the 25th edition of the Middle East’s oldest international race. Held with the support of the Dubai Sports Council, the 2026 Dubai Marathon expects around 20,000 runners in total with some 4,000 lining up in the 42.195km classic race and over 15,000 taking part in the associated 10km Road Race and 4km Fun Run. Widely recognised as one of the fastest and flattest courses in world athletics, the Dubai Marathon has a reputation for…

The cryptocurrency market experienced another knockdown moment, and most leading digital assets posted painful declines. Cardano (ADA) is among the worst-affected, with its price plunging 10% weekly to around $0.32. The question now is whether a further pullback is coming and how low the valuation can go in February. To gain a better perspective, we consulted four of the most popular AI-powered chatbots on the matter. The Bears Will Remain in Charge Next Month? According to ChatGPT, ADA’s correction could continue next month, but it’s likely closer to the later stages than the beginning. It assumed that this appears to…

Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Nasdaq (NDAQ) to $116 from $113 and keeps an Overweight rating on the shares. While durable underlying secular tailwinds persist, the firm sees cyclical tailwinds set to accelerate revenue growth across the Solutions business through 2026-27, the analyst tells investors. Claim 50% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>…

Decade-old Sydney property management and short-term rentals platform Hometime has topped up its coffers once more with a mix of venture capital and debt totalling $19 million. Once again the company did not reveal details the split between cash and borrowings, which also included debt refinancing with the Commonwealth Bank. The VC side was led by Craig Burton’s Verona Capital, supported by a phalanx of 15 existing backers as well as family offices. Hometime, founded in 2016 in Perth, kicked off with its capital raising in 2017 with $1.5 million from Martin Dalgleish’s Asia Principal Capital, followed by $6m in…

Dubai Holding Entertainment is celebrating Hag Al Leila across its destinations with two distinct experiences designed for families and visitors of all ages. From the high-energy rides and live shows of MOTIONGATE™ Dubai to gentle, nature-led traditions at The Green Planet™ Dubai, the celebrations offer different ways to enjoy the season while sharing the same festive spirit. At MOTIONGATE™ Dubai,the region’s largest Hollywood inspired theme park.Hag Al Leila is marked with high-energy live entertainment, colourful décor, and fan-favourite shows set against the backdrop of world-class rides and attractions.From Tuesday, February 3, to Sunday, February 15, guests can catch the energetic…

National average mortgage and refinance lates for the week remain just above one-year lows. According to Freddie Mac, the 30-year fixed mortgage rate for the week averaged 6.10%. One year ago, it was 6.95%. The 15-year fixed rate had a one-week average of 5.49%. A year ago, it was 6.12%. Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 5.87% 20-year fixed: 6.11% 15-year fixed: 5.43% 5/1 ARM: 5.93% 7/1 ARM: 5.90% 30-year VA: 5.49% 15-year VA: 5.13% 5/1 VA: 5.36% Remember, these are national averages and have been rounded to the nearest hundredth. These…

Mohammed Ben Sulayem, President of the Fédération Internationale de l’Automobile (FIA), has been officially congratulated on his re-election by French President Emmanuel Macron, who also gave an assurance of his determination to continue strengthening the historic partnership between France and the FIA. In a letter to FIA President Ben Sulayem, President Macron said: “I would like to extend my warmest congratulations on your re-election as President of the Fédération Internationale de l’Automobile (FIA), following the vote held in Tashkent, Uzbekistan, on 12 December. “In this regard, and further to our recent meeting at the Élysée Palace alongside other representatives of…

The SEC and CFTC have relaunched Project Crypto to provide clear, coordinated regulation for the growing U.S. digital asset industry. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have relaunched Project Crypto in a coordinated effort to provide regulatory clarity for the digital asset industry. The initiative is part of a strategy to align the two agencies’ approaches to crypto markets and ensure U.S. financial leadership keeps pace with technological innovation. Project Crypto Targets Clearer Crypto Rules In a January 29 joint statement, SEC Chair Paul Atkins and CFTC Chair Heath Tarbert emphasized…

January has seen a surprisingly strong start to Australian funding for 2026. This week has certainly continued that trend with $195.4 million invested across sectors as diverse as auto, legaltech, manufacturing, period products and more. Here’s who’s banking the cash AutoGrab: $80 million L-R: AutoGrab co-founders and co-CEOs Daniel Werzberger and Chris Gardner. Source: LinkedIn Melbourne-born tech company AutoGrab leads this week’s startup funding round-up with an $80 million capital raise that gives it a valuation of $230 million. The investment round was led by UK investor Octopus Ventures and New Zealand venture capital firm Movac. Other participants in the…