Author: Emirates Insight

XRP reserves on Binance dropped 45% in a year, while on-chain data shows patterns similar to 2022’s downturn, raising investor caution. Billions of dollars in XRP have quietly moved off Binance over the past year. This large shift in supply is drawing attention across the crypto market. On-chain data suggests some patterns may be repeating, while price pressure continues to weigh on XRP. XRP Supply Drops 45% on Binance Binance’s XRP reserves have fallen by nearly 45% in just 12 months. According to analyst Niels, the holdings dropped from $10.16 billion to $5.55 billion. That change reflects a massive…

Egypt’s economy is showing clear signs of recovery, underpinned by diversified growth and structural reforms, according to Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation. Speaking on the sidelines of the World Economic Forum in Davos in an interview with CNBC Arabia, Al-Mashat said Egypt recorded economic growth of 5.3 per cent in the first quarter of the 2025/2026 fiscal year, exceeding expectations and signalling a recovery in the real economy. She noted that the country ended the 2024/2025 fiscal year with growth of 4.4 per cent. شاهد لقاء الدكتورة رانيا المشاط، وزيرة التخطيط والتنمية الاقتصادية والتعاون الدولي…

Grubhub parent company, Wonder, announced that it has acquired Claim, a restaurant rewards app. Founded in 2021, Claim offers cash-back rewards for local restaurants that users can redeem for dine-in or pickup orders. Restaurants partner with Claim to create promotions, boost foot traffic, and track performance insights through the Claim dashboard. The financial terms of the deal were not disclosed; however, Claim raised a total of $20 million, it said, when it raised its $12 million Series A in October, 2024. PitchBook estimated its valuation at $62 million. Grubhub says the acquisition will give restaurants on its platform access to…

If you’ve ever been scrolling through social media, you’ve probably seen your fair share of wild posts. Whether it’s TikTok, Instagram, a random message, or… a listing for a bed space for AED 99,000 per month. Yes, you read that right. A Reddit user shared the bizarre listing, and the internet absolutely lost it. The listing claimed the bed space was in Discovery Gardens, which already sounds normal enough… until you see the rest. Want instant updates? Follow Lovin on WhatsApp, and never miss a beat! The “mediterranean” mystery The listing also described the location as “mediterranean”, which had people even…

The UAE-led session, “Where Will Global Capital Move Next? Platforms, Policies, and Partnerships Shaping the New Economy,” brought together senior policymakers, business leaders and international investors to examine how capital is being deployed amid geopolitical shifts, economic uncertainty and rapid technological change. The session was attended by Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of Investopia, alongside Roberto Hoornweg, CEO, Corporate and Investment Banking, Standard Chartered, and CEO of Europe, Americas, Middle East and Africa. Bin Touq said: “We are witnessing significant shifts in global capital movement. International reports indicate that global foreign direct investment…

On the Lovin Dubai Show, Dr. Joshuva Daniel Putti, known globally as Rider Josh, shared the story behind his extraordinary journey. His mission: The world is one family, and every child deserves to be loved, protected, and supported. Josh’s journey began at 19 when he couldn’t afford to ship his bike for a charity mission. Instead, he set off on his first ride across India, carrying food, water, and clothes for the homeless. It was here that he saw the many children and families living on the streets, which sparked his desire to do more. “I knew I had to…

Institutions are using Ethereum to launch tokenized stocks, money market funds, stablecoins, and deposits. In recent months, 35 of the world’s leading financial and technology firms, including BlackRock, JPMorgan, and Fidelity, have launched new products and services built directly on the Ethereum blockchain. These moves, detailed in a social media thread from the official Ethereum account, signal a rapid acceleration in the tokenization of real-world assets (RWAs) by mainstream institutions. The trend also highlights Ethereum’s emerging role as a foundational settlement layer for global finance, moving beyond speculative crypto trading into equities, bonds, and institutional payments. Institutions Push Tokenization…

Corina Marshall spent 11 years working in retail digital marketing and realized the industry was behind the times. Specifically, the technology that helped retail brands sell unsold or excess products (off-channel inventory) wasn’t as sophisticated as it could have been. Brands sell their excess inventory at discount retailers like Nordstrom Rack, but often lose money because managing unsold inventory is difficult. Products are spread across warehouses, and teams are left guessing the value of an item and when the best time to sell it is. “Too much time passes between each step of the off-channel inventory funnel, making it difficult…

NEO PAY, the UAE’s fast-growing payment solutions provider, has partnered with Wio Bank PJSC, the Middle East’s leading digital financial platform, to introduce a Point-of-Sale (PoS) lending solution, designed for SME merchants across the UAE. The launch of this lending solution reflects NEO PAY’s commitment to empowering SMEs with the financial tools they need to grow and compete in today’s dynamic market. Vibhor Mundhada, CEO of NEO PAY, said: “We’re thrilled to collaborate with Wio Bank to launch a groundbreaking PoS lending solution, designed to empower merchants with quick and easy access to the capital they need for growth. This…

The stage is set for the 37th Hero Dubai Desert Classic as the world’s best golfers begin arriving at Emirates Golf Club ahead of the first Rolex Series event of the 2026 Race to Dubai season, which runs from Thursday 22nd to Sunday 25th January. With preparations in the final stages and players already familiarising themselves with the iconic Majlis Course, anticipation is building for what promises to be a spectacular week of world-class golf and entertainment at the ‘Major of the Middle East’. Record four-time champion Rory McIlroy returns to the tournament where he made his debut as a…