Author: Emirates Insight

XRG, the international investment arm of ADNOC, has received all final regulatory approvals for its acquisition of Germany’s Covestro, one of the world’s leading producers of high-performance polymers and sustainable materials. Reportedly valued at EUR14.7 billion (US$17 billion), it is ADNOC’s biggest acquisition yet and one of the largest foreign takeovers of an EU company by a Gulf state. All hurdles were cleared with the final outstanding approval from the German Federal Ministry for Economic Affairs and Energy. Headquartered in Leverkusen and with a portfolio of over 10,000 specialty solutions, Covestro operates 46 production sites and 13 R&D centres worldwide,…

dnata, a leading global air and travel services provider, was recognised with two accolades at the Aviation Business Middle East Awards 2025. For the 15th time now, the company was named Ground Support Company of the Year, one of the Awards’ most prestigious categories. The award was accepted by Jaffar Dawood, dnata’s Divisional Senior Vice President for UAE Airport Operations. The recognition reflects dnata’s sustained progress in transforming its ground-handling operations through innovation, digitalisation and significant investment in advanced equipment. Over the past year, dnata has strengthened its ground operations in Dubai with the introduction of autonomous, electric baggage tractors. Operating at Dubai…

Brand Dubai, the creative arm of the Government of Dubai Media Office, has unveiled a visual tribute to the UAE’s Founding Fatherson the Dubai Metro’s Red Line.The creative display features images of the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Rashid bin Saeed Al Maktoum, along withverses from the poem ‘The People and the Leader’by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, celebratingthe enduring legacy of the Founding Fathers. Implemented in cooperation with the Roads and Transport Authority in Dubai (RTA), the initiative…

As Ras Al Khaimah (RAK) accelerates its transformation into a world-class lifestyle and investment hub, ELEVATE and Ennismore are bringing one of the most design-forward branded residences to the UAE: Mondrian Al Marjan Island Beach Residences. With a development value of AED 1.8 billion and architecture led by global heavyweights Gensler and Bergman Design House, the project is positioned not only to reshape coastal luxury but to redefine how investors perceive branded residential assets in emerging lifestyle destinations. For ELEVATE, One Group’s new lifestyle real estate arm the project marks a strategic debut in the UAE, aligning with a USD…

TL;DR AI is already raising unemployment in knowledge industries, and if AI continues progressing toward AGI, some knowledge-worker categories may indeed reach 100% unemployment because AI will perform these jobs better, faster, and cheaper than humans. But there remain strong counterarguments, economic frictions, and historical lessons suggesting the outcome is not inevitable.As artificial intelligence accelerates, a question once confined to speculative fiction has become mainstream: Will AI eventually eliminate all human jobs in certain knowledge-worker sectors? Recent data shows rising unemployment in fields most exposed to automation. Experts warn that AI could erase large numbers of white-collar jobs within years,…

CZ’s lawyer, asserted his pardon was due to him being improperly prosecuted, dismissing media narratives about “Trump Pardon for Crypto Favors.” In a recent appearance on Anthony Pompliano’s podcast, Teresa Goody Guillén, Binance founder Changpeng Zhao’s lawyer, discussed the presidential pardon he recently received. The conversation focused on why the pardon was granted, how the process worked, and the many rumors circulating online. Guillén Addresses Public Controversy The lawyer explained that CZ was accused of failing to implement proper anti-money laundering programs and compliance systems at Binance, but emphasized that this was a regulatory issue, not a criminal offence,…

It’s not every day you get to pitch for US$1 million in investment. But then again, the Startup World Cup in San Francisco is not your everyday startup pitch comp. Three Australian startups – Adiona, Deeligence and GravityFit – were among 98 finalists from 100 regional competitions across 60+ countries to fly to San Francisco for the “number one startup competition in the world”, and the chance to score A$1.5m in funding from US VC Pegasus Ventures. The consolation prize? A rare moment to pitch to a room of 500 investors and spend the week networking and attending workshops with…

Emirates and OpenAI have entered into a strategic collaboration to advance AI adoption and innovation across the airline. The collaboration will entail enterprise-wide deployment of ChatGPT Enterprise, supported by tailored AI literacy programmes, technical exploration, and executive strategic alignment designed to embed AI capabilities across the organisation. Ali Serdar Yakut, Executive Vice President IT said: “We see enormous potential for AI technology to support our business requirements, helping us tackle complex commercial challenges, strengthening our operations, and enhancing the customer experience. Closely working with OpenAI will make our technology investments both strategic and scalable, enabling us to deliver enhanced value…

Dubai has approved a new architectural identity for its road and transport network as Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum reviewed progress on a series of major infrastructure projects designed to transform mobility, enhance the city’s visual character and cut travel times across key corridors. The Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai endorsed the architectural identity framework, developed to enrich the urban character of roads, corridors and streets in line with Dubai’s vision to build an integrated and sustainable global city. Sheikh Hamdan reviewed the AED1.3bn…

This 54th Eid Al Etihad, Dubai is transforming the long weekend into a citywide celebration of unforgettable moments for families and friends from 1 to 3 December. Organised by Dubai Festivals and Retail Establishment (DFRE), a diverse mix of fireworks, outdoor entertainment, and family-friendly activities invites residents and visitors of all ages to witness a spectacular showcase of heritage, unity, and national pride. This year’s programme returns with refreshed experiences across culture, gastronomy, hospitality, and family entertainment, alongside brand-new initiatives designed to engage young visitors and families. DAZZLING FIREWORKS Families and friends can choose from multiple venues to witness breathtaking…