Author: Emirates Insight

Thanks to everyone who made this year’s San Francisco event what it was — and to the 10,000 of you who filled the halls, made the connections, and left with more than you came with. Couldn’t make it? The images below offer a glimpse into what you missed. Until next year. Vinod Khosla, telling attendees he doesn’t buy the argument that powering AI will doom climate efforts. Geothermal energy is nearly here, he said, while fusion remains further out. He also touched on his alignment with President Donald Trump (deregulation) and his disagreement (immigration): “The only thing I will say…

The Dubai real estate sector recorded AED20.57bn ($5.6bn) of transactions last week, according to data from the Land Department. Sales transactions dominated the figures, with AED16.76bn ($4.6bn), according to Land Department data. In total there were 4,461 sales transactions recorded between October 27 and 31. Dubai real estate last week Among the most expensive sales transactions listed on the Land Department website were: An apartment in Volante 2 in Business Bay sold for AED86.6m ($23.6m) An apartment in Passo by Beyond – Tower A in Palm Jumeirah sold for AED52m ($14.2m) An apartment in One Canal in Dubai Water Canal…

TECOM Group PJSC (DFM: TECOM), (“the Company” or “the Group”), the leading developer and operator of specialised business districts across Dubai, announced its financial results for the nine months and the third quarter (Q3) of the year ending 30 September 2025. The Group reported nine-month (9M) revenues of more than AED 2.1 billion, representing year-on-year (YoY) growth of 20%, and net profit exceeding AED 1.1 billion, marking an 18% YoY increase, underpinned by increased occupancy, higher rental rates, improved efficiencies and continued portfolio expansion within its premium Commercial and Industrial assets. Abdulla Belhoul, Chief Executive Officer of TECOM Group, said: “Our…

SKH Private Family Office and Rotana have announced the AED 500 million acquisition and redevelopment of The Cove Rotana Resort in Ras Al Khaimah. Under the agreement, SKH Private Family Office will acquire and invest in the comprehensive transformation of the iconic property, while Rotana will re-assume full management and operations for a further 15 years starting 1 December 2025. The collaboration marks a new era for one of the emirate’s most renowned hospitality landmarks and reflects both parties’ confidence in the UAE’s thriving tourism and investment landscape. The agreement was formalised during an official signing ceremony between Mr Saqr…

This marks an increase from $451.9bn recorded in the same period of 2023, reflecting continued resilience and diversification across the region’s economies. Non-oil sectors were the primary driver of growth, accounting for 73.2 per cent of the GCC’s real GDP by the end of Q1 2025. GCC GDP Oil-related activities contributed 26.8 per cent, underscoring the bloc’s steady progress toward economic diversification goals set under national and regional strategies such as Saudi Vision 2030 and UAE’s D33 Agenda. On a quarterly basis, the GCC’s real GDP rose by 0.1 per cent compared to the fourth quarter of 2024, when output…

XRP Ledger saw higher user activity in Q3 as it added 447,200 new addresses and reached nearly 6.9 million total. The XRP Ledger (XRPL) recorded a steady rise in network metrics during the third quarter of 2025, according to a new report by Messari. The data shows that network usage and activity strengthened across several indicators, amid growing engagement from users and developers. Transactions, Wallets, and NFTs on XRP Ledger Average daily transactions on the XRPL increased 8.9% quarter-over-quarter, rising from 1.6 million in Q2 to 1.8 million in Q3. Similarly, average daily active sender addresses climbed 15.4% from…

The Equity crew was live at TechCrunch Disrupt 2025! Hosts Kirsten Korosec, Max Zeff, and Anthony Ha took over the Builders Stage on Monday morning to kick off the event with the question everyone’s asking: are we in an AI bubble?  Between valuations that have tripled in months, $300M seed rounds, and $100B commitments flying around, the money is moving fast — maybe too fast. The Equity team broke down what peak bubble looks like, where the actual business models are (spoiler: a lot of companies are betting on AI data centers), and why some founders are betting against the…

Building on the airline’s significant network expansion across East and Southeast Asia, Emirates SkyCargo has deployed a weekly freighter to Bangkok’s Suvarnabhumi Airport (BKK). Already operating the largest and most diversified route network of any non-Asian airline, the new freighter destination provides regional customers with more flexibility to move their goods worldwide, via Dubai. The cargo arm of the world’s largest international airline now serves 43 global destinations with its dedicated freighter fleet, 11 of which are in East and Southeast Asia. Badr Abbas, Emirates SkyCargo’s Divisional Senior Vice President, said, “Our operations across East and Southeast Asia are among…

The Dubai maritime economy is riding a wave of growth, with vessel registrations up 14.4 per cent year-on-year, according to the Dubai Maritime Authority. That momentum set the stage for the 11th edition of the Dubai Pre-Owned Boat Show, which opened this weekend at Dubai Creek Marina, Park Hyatt Resort. Showcasing more than 50 international brands and a fleet of over 50 yachts and boats valued above AED200m ($54.4m), the event reaffirms Dubai’s status as the region’s premier hub for leisure marine innovation and investment. Maritime registrations According to data issued by the Dubai Maritime Authority at the Ports, Customs,…

DP World has pledged to invest an additional $5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade. This is in addition to the $3 billion that DP World has already invested in India over the past three decades. These investments are focused on strengthening India’s infrastructure backbone, advancing multimodal connectivity, and enhancing the nation’s competitiveness in global trade. Announced at India Maritime Week 2025, this development comes on the heels of five Memorandums of Association (MoUs) that DP World signed in the august presence of the Union Minister of Ports, Shipping…