Author: Emirates Insight
Revenue Procedure 2025-31 lets ETPs distribute staking rewards directly to investors without triggering extra taxes. The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax. The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax laws. Safe Harbor Guidance Under Revenue Procedure 2025-31, ETFs and trusts are now allowed to stake digital assets and share the rewards directly with investors. Treasury Secretary Scott Bessent stated on November 10 that the move…
If you have never raised any money before, everything about the process might feel daunting. You will most likely get many, many no’s before you get a yes. I will not pretend that this can’t get demoralizing and exhausting. Fundraising can bring up a lot of fear of rejection and fear of failure. It can also feel uncomfortably like asking for a handout. This can be especially true for founders who grew up in economically challenged households. They might have fears around how they are perceived by institutions of power. And they may feel that it’s demeaning to ask for…
Dubai is getting ready to shine in red, green, white, and black for the 54th Eid Al Etihad, ushering in three unforgettable days honouring the spirit of unity, community, and national pride from 1 to 3 December. Organised by Dubai Festivals and Retail Establishment (DFRE), this year’s celebrations promise fresher-than-ever experiences across culture, heritage, gastronomy, hospitality, live events, and family entertainment, alongside brand-new highlights that will be revealed soon. While the full calendar of events will be announced in the coming weeks, Emirati superstar Balqees has been confirmed to perform live at Festival Bay, Dubai Festival City Mall on 2…
Dubai has launched two new committees dedicated to advancing the film and gaming sectors, reinforcing its position as a global centre for creative industries and media innovation. The move, announced by the Dubai Media Council (DMC), aligns with its mandate to foster innovation, strengthen key media sectors, and enhance Dubai’s leadership in the global creative economy. Under Dubai Media Council Resolutions No. 8 and No. 9 of 2025, the Dubai Film Development Committee and the Dubai Gaming Committee have been established to accelerate sector growth and industry collaboration. Dubai film and gaming committees Issam Kazim, Member of the DMC, will…
The DP World Tour Play-Offs are in full swing in the UAE, and four MENA Golf Tour graduates – Matt Fitzpatrick, Robert MacIntyre, Thriston Lawrence and Todd Clements – have featured in the back-to-back Rolex Series events in Abu Dhabi and Dubai, underlining the Tour’s status as a proven springboard to the elite level. MENA Golf Tour Q School kicks off at Troia Golf Course next week, with entries closing on Friday 15 November, giving ambitious players across the region and beyond the chance to follow in the footsteps of the illustrious alumni. Fitzpatrick, a Ryder Cup star and Major champion, has long championed the need for genuine…
In contrast, UNI has stolen the show with a massive daily surge. Perhaps driven by reports that the US government shutdown may end this week, BTC’s price surged once again in the past 24 hours to just over $107,000, where it faced an immediate rejection. Most altcoins have erased significant portions of yesterday’s gains as well, with ZEC and ICP leading on the way south. BTC Halted at $107K It was just a week ago when the primary cryptocurrency felt the selling pressure as its price dumped from over $111,000 to under $100,000 in the span of just 48…
The Victorian government’s flagship tech investment fund, Breakthrough Victoria, ended up in the red for a second year in a row after just four years in operation. The fund, which cut costs while ramping up investment, and increasing returns on cash deposits, posted a $5.7 million loss, according to its 2025 annual report, attributing it to unrealised changes in the value of investments, foreign exchange rate fluctuations and an office relocation under new CEO Rod Bristow. It follows a $3 million loss in FY24. The sovereign investor, which has faced sustained criticism by several prominent members of the Victorian startup…
Today’s AI-Powered world is saturated with more information than ever before. Every second, millions of data points are generated, shared, and stored in the digital universe. Instead of drowning in this vast ocean of information, those who learn to navigate it with the right tools gain a competitive edge. This is where data science becomes the compass of the modern world. Data is no longer a power held exclusively by tech giants or large corporations; it is a democratized resource that is redefining success in every field, from an athlete’s performance to a salesperson’s strategy. So, how can we use…
This New Year’s Eve, Third Avenue Dubai invites guests to welcome 2026 in true style with The Front Row Countdown, a celebration where the rhythm of music meets the artistry of dining. Nestled in the heart of Fashion Avenue, The Dubai Mall, with spectacular views of the Burj Khalifa and Dubai Fountain, the restaurant promises one of Dubai’s most glamorous countdowns. As the evening unfolds, guests will be greeted with a festive welcome before being immersed in a night of rhythm and elegance. Live DJ set the tone for a dynamic celebration, carrying the crowd through a journey of sound, connection, and celebration. The New Year’s Eve set menu highlights Third Avenue’s…
Veo is encouraging everyone to get out and get active this November. Open to both members and newcomers, the inclusive lifestyle brand is back with its signature 24-hour cycling event, allowing you to pedal for a purpose and make a tangible impact in the fight against childhood cancer. Taking place as part of the Dubai Fitness Challenge 2025, this unique endurance ride is the ideal way to contribute to a meaningful cause and get fit in the process. Launched in 2024 by Veo’s Master Trainer Marwan Albanna, the Veo Ride quickly became a standout of last year’s Dubai Fitness Challenge. Its 24-hour format…