Author: Emirates Insight
The UAE, represented by the Ministry of Finance, held the second UAE–Russia Strategic Financial Dialogue today at the Ministry’s headquarters in Dubai. The meeting was co-chaired by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and His Excellency Anton Siluanov, Minister of Finance of Russia. The dialogue aimed to enhance cooperation and explore best ways to apply AI within public financial management, while also facilitating the exchange of expertise on best practices in digital transformation, financial governance, and technology risk management. Attending the meeting from the UAE side were His Excellency Younis Haji Alkhoori, Undersecretary…
SIG and Nutrition from Water (NXW) have announced a global partnership to develop integrated product concepts that combine algae-based protein beverages with advanced aseptic packaging. The initiative is designed to help close the nutrition gap in rapidly growing economies, delivering nutrition with added protein to communities where it is needed most. The collaboration started at MISTA, the San Francisco-based global food innovation platform that SIG joined in 2023. MISTA unites leading companies in food, ingredients, and food technology to accelerate the transformation of the global food system. With the world population expected to reach 10 billion by 2050, according to…
The XRP Ledger (XRPL) has entered 2025 with significant confidence as one of the most efficient and popular blockchain systems. Known for its 3–5 second settlement times and transaction fees that are below a fraction of a cent, XRPL continues to serve as a cornerstone of high-speed digital payments. Over the past year, the network’s metrics have shown increasing participation on behalf of validators and consistent throughput even during market volatility. This is supporting evidence that the blockchain was engineered for real-world scale rather than speculative hype. The Ledger’s stability has attracted developers, who focus on practical integrations, including decentralized…
There’s been a flurry of funding deals announced by Australian and Kiwi startups this week — from a Brisbane startup building superfast, hydrogen-powered planes to a Perth company transforming seaweed into a natural alternative to plastic. Keep reading to learn more about the eight Australian and New Zealand startups that collectively raised more than $113 million this week. Hypersonix: $46 million Hypersonix CEO Matt Hill and co-founder, CTO, head of engineering Michael Smart. Source: Sarah Keayes/The Photo Pitch Brisbane-based aerospace startup Hypersonix Launch Systems has been backed by the federal government’s National Reconstruction Fund Corporation (NRFC) and the Queensland government’s investment arm…
Abu Dhabi’s Alpha Dhabi Holding is selling its entire stake of 8.5 per cent in Modon Holding to L’imad Holding Company, a wholly owned entity of the Abu Dhabi Government. On Thursday, International Holding Company (IHC) had also sold its entire 42.54 per cent shareholding in modon to L’imad as part of a broader strategic portfolio realignment. After completing the acquisition of shares owned by IHC, Abu Dhabi Development Holding Company (ADQ) and Alpha Dhabi, L’imad Holding now owns 84.76 per cent of Modon Holding shares. In a statement, Modon said the transaction “supports Modon on its innovative path in urban…
Yango Ride, part of the global technology company Yango Group, is expanding its loyalty program to Dubai, following its successful and strong performance in Abu Dhabi. The program rewards users of Yango’s ride-hailing service, allowing them to earn points that can be redeemed for future trips, providing greater everyday value to consumers across Dubai. Available exclusively to the subscribers of Yango Play, the loyalty program allows users in Dubai to earn up to 30% cashback in the form of Yango Points every time they complete a ride using a cashless payment method. Additionally, new users who join the program before…
One of the city’s most dynamic lifestyle destinations, The Beach JBR and Dubai’s homegrown performance brand SQUATWOLF, are joining forces to transform Dubai’s fitness scene with a month-long series of free outdoor workouts, wellness experiences and community events curated to get everyone moving. For 30 days, The Beach JBR will turn into a dynamic open-air fitness playground, offering a diverse line-up of workouts carefully designed for all fitness levels. Daily evening sessions led by over 40 coaches, combining endurance, strength and recovery training, taking place right in front of The Pavilion where participants can soak in the stunning views by…
DP World has pledged to invest an additional $5bn in India to strengthen its integrated supply chain network, expand logistics capabilities, and support both export and domestic trade. The new commitment adds to the $3bn the Dubai-based global trade enabler has already invested in India over the past three decades. Announced during India Maritime Week 2025, the investment reinforces DP World’s long-term role in developing India’s maritime and logistics ecosystem through a combination of infrastructure, technology, and skill development partnerships. DP World invests in India The announcement follows the signing of five Memorandums of Understanding (MoUs) in the presence of…
Despite bullish scarcity signs, Binance’s Whale Ratio rose to 0.41, hinting large holders may be preparing to sell. Bitcoin’s available supply on the world’s largest crypto exchange is shrinking quickly. This deepening scarcity, one of the most pronounced readings in months, comes as data suggests large-scale investors are accumulating the asset, setting the stage for a potential supply squeeze. Conflicting Signals from Large Holders Data from October shared by Arab Chain shows that Binance’s Bitcoin Scarcity Index moved upward through the month, jumping sharply in late October to exceed a reading of 9. This index is a direct measure…
People are increasingly asking AI, not Google, to help them discover products. A recent shopping report says Americans, this holiday season, will likely turn to large language models to find gifts, deals, and sales instead of traditional search. Retailers could see up to a 520% increase in traffic from chatbots and AI prompts in 2025 compared to 2024, according to the report. For brands, that means figuring out how to show up in AI-generated recommendations, and fast. This surge in AI-driven traffic is the bet behind The Prompting Company, a YC-backed startup helping products get mentioned in AI apps through…