Author: Emirates Insight

The ETF still ranked as the year’s third-largest debut despite a sharp market sell-off. The Bitwise XRP ETF (XRP) began trading on the New York Stock Exchange yesterday, marking the second U.S. fund to offer direct 100% exposure to the Ripple-linked asset. Despite a sharp downturn across the wider crypto market, the new fund saw approximately $26 million in trading volume on its first day. A Strong Debut Amid Market Turmoil This debut follows the record-setting launch of the Canary XRP ETF (XRPC) just a week prior, which saw nearly $60 million in first-day volume. Bitwise’s entry was closely monitored,…

This week’s funding roundup looks a little different. While it includes startups building AI, solar and medtech solutions, it also includes a bakery with a cult following and a rapidly growing retailer that caters to parents. Keep reading to learn more about 19 Australian and Kiwi companies that have raised more than $59.6 million in funding this week. Brooki Bakehouse: $25 million Brooki founder Brooke Bellamy. Source: Instagram/Brooki Bakehouse Queensland bakery brand Brooki Bakehouse is gearing up for a period of rapid expansion, after securing a $25 million investment from UAE lifestyle developer Arada. As reported by SmartCompany, the new funding will…

Indian and British nationals have emerged as the two most prominent tenant groups in Dubai’s rental market, according to new research from fäm Properties. The market analysis, based on DXBinteract data, reveals that these two nationalities consistently top rental demographics across multiple neighbourhoods, underscoring their key role in shaping the emirate’s cosmopolitan housing landscape. Indians are the leading tenant group in five of the ten major areas analysed, including Al Warsan First, Jebel Ali First, Jumeirah Village Circle (JVC), Al Barsha Fourth, and Business Bay, where they represent between 18 per cent and 52 per cent of renters. In Jebel…

Dubai’s status as a uniquely global city where communities of every background build professional and family lives is highlighted by a new market analysis released today. The report from fäm Properties paints a clear picture of Dubai as a city of micro-hubs, with the rental market sharply segmented, allowing different nationalities to settle in communities that match their cultural preferences, budgets, and daily needs. Data from DXB interact reveals a sharp geographic divide in tenant demographics, with areas like Al Warsan 1st and Jebel Ali First dominated by South Asian nationals. In Al Warsan 1st, tenants are 34% Indian, 25% are Pakistani and…

The Emirates and flydubai partnership exemplifies industry-leading collaboration, seamlessly connecting millions of travellers across an extensive global network while rewarding Emirates Skywards members through the joint loyalty programme. Here are eight facts to know about the benefits that travellers have enjoyed so far: The world is your oyster: The Emirates and flydubai partnership unlocks a combined network of 245 destinations in 103 countries. Joining forces to broaden horizons: Emirates customers can explore a further 103 flydubai destinations, while flydubai passengers can access 107 Emirates unique destinations. Popular destinations for customers include Kathmandu, Baku, Krabi, Belgrade and Zanzibar. More destinations and…

The Dubai Roads and Transport Authority (RTA) and Dubai Police General Headquarters have reported record improvements in traffic flow and road safety following the expansion of truck-movement restrictions on Emirates Road. Implemented on January 1, 2025, the measures were designed to reduce peak-hour congestion and enhance safety levels across key corridors. The results show sharp reductions in incidents, higher compliance among truck operators and significant increases in average vehicle speeds. Dubai traffic incidents fall RTA confirmed that limiting truck movement on Emirates Road — specifically the section between Al Awir Road and the Emirate of Sharjah during evening peak hours…

Ethereum briefly dropped to $2,872, tagging a key on-chain support zone that analyst MAC_D says resembles a “classic bottom.” Ethereum (ETH) briefly touched a critical low of $2,870 on Wednesday, testing a vital on-chain support level that has historically signaled market bottoms. According to an on-chain assessment by analyst MAC_D, this price point represents a cluster of the ‘realized price’ for both retail and large-scale investors, suggesting a potential foundation for a rebound is forming even as smaller wallets sell off. $2.8K Realized Price Cluster Marks “Classic Bottom” Zone In their latest report on CryptoQuant, MAC_D noted that, historically,…

Disability worker Storm Menzies, founder of accessible makeup tools startup ByStorm Beauty has won the Kickstarter Challenge, taking home $30,000 in equity-free funding. Four runners-up also took home $7,500 for their startups following the grand final at Parliament House in Canberra today. The five-year-old Kickstarter Challenge, developed by Enterprising ME and run in conjunction with The Council of Small Business Organisations Australia (COSBOA), is a federal government-funded program supporting women to pursue entrepreneurship. Menzies, from Newcastle, was on stage at Sydney’s Town Hall last week pitching as part of disability accelerator Remarkable’s Tech Summit and Demo Day. She was also part…

Under a Memorandum of Understanding signed between Emirates and Rolls-Royce today at the Dubai Airshow 2025, Emirates will perform Maintenance, Repair and Overhaul (MRO) for the Trent 900 engines powering its own A380 fleet from 2027. Emirates has also extended the TotalCare service agreement with Rolls-Royce for its A380s into the 2040s. Emirates will build a new facility with the first induction forecast from 2027. Emirates will complete fan case repairs at the facility, and Rolls-Royce will maintain module repair capability within the global network. Ahmed Safa, Emirates’ Head of Engineering and MRO, said: “With Emirates’ plans to continue operating…

StandardAero has seen global business volumes surge from around $1bn less than two decades ago to more than $5bn today — a milestone now driving a major push into the UAE and wider Middle East. Alex Youngs, Vice President – Marketing, said the company is expanding its partnership ecosystem as the region becomes one of the world’s most important aviation markets. Speaking during the Dubai Airshow 2025, Youngs outlined StandardAero’s strategy to expand cooperation across civil, military and business aviation, underpinned by the company’s multi-billion-dollar growth. Middle East a top priority Youngs highlighted that StandardAero’s increased focus on the Middle…