Author: Emirates Insight
LONDON, Jan 13 (Reuters) – The Trump administration’s decision to open a criminal investigation into the head of the Federal Reserve has intensified fears about the independence of the U.S. central bank, the top policymaking body for the world’s biggest economy. President Donald Trump has criticised the Fed and its chair, Jerome Powell, for not lowering interest rates fast enough. Top officials from other central banks rallied around Powell on Tuesday, saying in a statement that “the independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve”. Following…
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, together with H.E. Mattar Al Tayer, Chairman of the Board of Directors of Salik,witnessed the signing of a 10-year agreement to enable seamless E-Wallet parking payments between Salik, Dubai’s exclusive toll-gate operator, and Dubai Airports, which manages Dubai International (DXB) the world’s busiest international airport. The agreement will introduce Salik’s E-Wallet payment solution across all paid car parks atDXB, covering 7,400 designated parking spaces covering Terminals 1, 2, 3 and the…
The agreement signals Pakistan’s growing interest in stablecoins as complements to its digital currency and payments strategy. Pakistan has signed a memorandum of understanding with a firm linked to World Liberty Financial (WLF) to explore the use of its USD1 stablecoin. The agreement represents one of the first publicly announced collaborations involving WLF, and it comes as ties between Pakistan and the United States show signs of warming. Details From the Agreement According to a Reuters report, the Pakistan Virtual Asset Regulatory Authority signed the agreement with SC Financial Technologies, an entity affiliated with WLF. The regulator explained that…
From smart Lego bricks to robots big and small. Annual technology showcase CES (formerly Consumer Electronics Show) returned to Las Vegas this week, highlighting some of the most interesting new consumer products coming in 2026, and beyond. While the event showed yet again that generative AI continues to be integrated into everything from fridges to hormone monitors, the products which caught Information Age’s attention provided both a hit of familiarity or nostalgia and a peek into the future. From a new smartphone with echoes of the past, to classic plastic toys gaining cool new electronics— here are the CES gadgets…
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the stocks on Jim Cramer’s game plan for this week. Cramer mentioned the stock during the episode and remarked: “After the close, we hear from truck giant, J.B. Hunt, probably seen their trucks on the road. I think this group has finally broken out of its doldrums, the freight recession. I don’t typically recommend truckers, very hard business, but a good number from J.B. Hunt emboldens me to keep pushing Federal Express, FedEx. What a winner that’s been. Raj Subramaniam’s just done a fantastic job there.” Stock market reports printed on…
Emirates, the world’s largest international airline, will launch a daily flight between Helsinki and Dubai from 1 October 2026, expanding its footprint in the Nordics. The new service introduces the only year-round, direct link between Finland and the UAE, and unlocking expanded opportunities for both international leisure and corporate travellers. The service will operate with Emirates’ newest aircraft type, the A350, bringing its latest products and highly acclaimed Premium Economy cabin to Finland, from the inaugural flight. Emirates flight EK167 will depart Dubai at 08:45hrs*, arriving in Helsinki at 14:55hrs*; the return flight, EK168 will depart Helsinki at 16:45*, landing…
Global Village is set to host Filipino indie folk-pop band Ben&Ben on its Main Stage on Saturday, 7 February 2026 at 9:00 PM, guaranteeingan unforgettable night of music and energy. The band will take the Main Stage, introduced by the hosts of TAG 91.1, the official radio partner of the concert.Ben&Ben, known for their soulful melodies, rich harmonies, and heartfelt lyricshas captured audiences across the Philippines and beyond, earning a reputation as one of the region’s most beloved indie folk-pop acts. Guests can expect a performance filled with the band’s signature hits such as “Kathang Isip” and “Maybe the Night”,…
Studying market crashes since 2018, Bitwise finds gold limits losses while bitcoin drives rebounds. Bitcoin and gold are often pitted against each other as competing hedges against inflation and currency debasement. However, the data suggests that the strongest portfolios hold both. In fact, experts from Bitwise found that gold consistently cushions downside during market drawdowns, while BTC tends to outperform sharply during recoveries. Gold-and-Bitcoin Portfolio A new report by Bitwise Senior Investment Strategist Juan Leon and Quantitative Research Analyst Mallika Kolar stated that investors seeking protection from dollar debasement and market volatility may benefit most from holding both gold…
The World Bank expects the UAE economy to grow by 5% in 2026, rising to 5.1% in 2027, according to its latest Global Economic Prospects report released today. The report says the global economy is proving more resilient than anticipated, despite persistent trade tensions and policy uncertainty. Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% in 2027, representing an upward revision from the June forecast. The resilience reflects better-than-expected growth, particularly in the United States, which accounts for about two-thirds of the upward revision to the…
SXSW Sydney will not return in 2026, bringing an end to the Australian edition of the global South by Southwest festival after a three-year run. In a statement released on Wednesday, organisers said the decision reflected a “changing global environment” impacting major events and cultural programs worldwide. SXSW Sydney said it worked closely with the NSW Government and SXSW’s global owner, Penske Media Corporation, to explore pathways forward, but prevailing market conditions meant the Sydney edition would not proceed next year. Launched in 2023 as the Asia-Pacific expansion of the long-running Austin-based festival, SXSW Sydney spanned technology, startups, music, screen and…