Author: Emirates Insight
As Elon Musk played to his Christ complex overnight, offering sight to the blind, Tesla was killing off the cars that made it successful, the 14-year-old Model S sedan and 11-year-old Model X SUV. The business that popularised electric vehicles is pivoting to AI and robots as car sales fall, and revenue too. Just as Tesla’s Q4 results were about to drop, the multitasking CEO was promising that Blindsight, an experimental medical device developed by his brain chip company, Neuralink, is ready to roll and will eventually make people “superhuman” and see like Star Trek’s Geordi La Forge in infrared,…
With a market cap of $932 billion, Walmart Inc. (WMT) is a global retail powerhouse operating retail and wholesale stores, membership clubs, eCommerce websites, and mobile apps through three segments: Walmart U.S., Walmart International, and Sam’s Club. It offers a vast range of products and services spanning groceries, consumables, health and wellness, general merchandise, digital payments, and financial services across physical and digital platforms worldwide. Shares of the Bentonville, Arkansas-based company have outperformed the broader market over the past 52 weeks. WMT stock has increased 20.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.1%. Moreover, shares of…
Dubai Municipality has announced the return of the Hatta Farming Festival in its third edition, reinforcing its role as one of the emirate’s leading community and agri-tourism events. The festival is part of the “Dubai Farms” programme launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of the Executive Council of Dubai, and Chairman of the Higher Committee for Development and Citizens Affairs. Organised by Dubai Municipality and running until 1st February, the festival is being held at Hatta Leem Lake with the participation of a distinguished…
Marking its 10th consecutive year of participation, the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has leveraged the latest edition of Gulfood (26–30 January) to showcase Emirati products and expertise in the F&B sector. Through its participation as a lead entity in the UAE Pavilion, at the Dubai Exhibition Centre (DEC), Dubai SME is highlighting high-quality, export-ready businesses that reflect the depth and maturity of Dubai’s SME ecosystem. The pavilion serves as a unified national showcase, featuring the UAE’s most promising F&B enterprises, including a…
PUMP and ZEC have dumped the most over the past 24 hours. Although it remained relatively stable at first following the conclusion of the first FOMC meeting for the year, BTC’s price started to lose value later on and dipped below $88,000. Most larger-cap altcoins are deep in the red as well on a daily scale. Ethereum has once again lost the $3,000 support level, while XPR has slipped below $1.90. BTC Falls Below $88K The primary cryptocurrency’s latest correciton began last Monday after some stock and futures markets opened following Trump’s newest tariff threats against many EU counties.…
The Abu Dhabi Securities Exchange (ADX) Group launched the UAE’s first financial instrument listing of the new year with the Boreas S&P Absolute Luxury UCITS ETF. ADX is the region’s largest and most active exchange traded fund (ETF) market and the new listing reflects its commitment to broadening access to innovative investment products and providing access to specialised global investment themes. Luxury investment theme debuts The Boreas S&P Absolute Luxury UCITS ETF is developed by the Abu Dhabi-based global investment management firm Lunate. It is the first luxury-focused ETF in the region, and it will be the 21st ETF listed…
A software update designed to prevent issues with older iPhones connecting to Triple Zero is stopping some Apple devices from reaching Telstra’s network, including for emergency calls. Problems began after Apple released software updates for several of its iPhone and cellular Apple Watch models on Tuesday, which included devices as old as 2014’s iPhone 6. The updates were designed to prevent issues with calls to emergency services, and included other bug fixes. Tesltra announced on Wednesday it was investigating “an issue preventing some older Apple devices from connecting to our network, including calls to 000”. Potentially impacted devices included the…
Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, concluded 2025 with strong performance and notable milestones across its various districts. During the year, Dubai South welcomed 653 new companies, bringing the total number of operational businesses to more than 4,200, while achieving a 90% retention rate among existing companies. The company also recorded a 65% increase in new business licenses issued, reflecting sustained investor confidence and growing demand across its ecosystem. In real estate, Dubai South Properties successfully delivered The Pulse Beachfront, comprising 800 residential units. Looking ahead to 2026, approximately 1,300 units are…
Emirates and Marriott International have signed an agreement to launch Emirates Wolgan Valley – a Ritz-Carlton Lodge, marking the global debut of The Ritz-Carlton Lodge brand and a significant milestone for regional luxury tourism in New South Wales (NSW), Australia. The all-inclusive, 40-key luxury lodge is scheduled to open mid-2026 within a 7,000-acre conservancy in Australia’s Greater Blue Mountains World Heritage Area. Located near Sydney, the development represents the first Ritz-Carlton Lodge worldwide and positions Australia as the launch destination for the brand’s nature-led luxury concept. Conceived as purpose-built sanctuaries set within natural environments, Ritz-Carlton Lodges are designed to reflect…
The Museum of the Future in Dubai will host the Intercontinental Commodity Exchange (ICX) 2026 Summit on Thursday, 29th January. The summit will bring together government officials, food security authorities, agricultural exporters, traders and logistics sector leaders to discuss challenges facing global food and commodity supplies. The event will serve as a strategic platform to assess risks and agree on practical measures to safeguard supply chains and reduce volatility. Philip Werle, Executive Director of ICX, said the world can no longer afford to assume that food and agricultural supplies will continue automatically, adding that the current phase requires much closer…