Author: Emirates Insight

The UAE will get its first Green Innovation District that will redefine industrial development by integrating economic growth with environmental sustainability and social responsibility. The Ministry of Economy and Tourism (MoET) and Expo City Dubai are coming together for the initiative, which is in collaboration with four strategic partners – INTESA Sanpaolo, Nestle, Majra and Palmade. The Green Innovation District is expected to serve as a powerful catalyst for sustainable industrial growth, attracting global businesses to the UAE and actively accelerating the nation’s economic diversification and climate action goals. Abdulla Bin Touq Al Marri, UAE Minister of Economy and Tourism,…

🎭 Cultural Festivals Unique to Sharjah Sharjah is widely known as the Cultural Capital of the UAE, a title awarded by UNESCO in 1998. The emirate places a strong emphasis on heritage, literature, education, and the arts, and its annual festival calendar reflects this identity. Many of Sharjah’s festivals are distinctive to its cultural vision and cannot be found in the same form elsewhere in the region. Below are some of the most celebrated and truly Sharjah-specific cultural festivals. ✨ 1. Sharjah Light Festival Every year, Sharjah’s most iconic landmarks — including the Sharjah Mosque, University City Hall, and Al…

Sharjah: From Ancient Port to Cultural Capital Sharjah has evolved over thousands of years — from a Gulf trading settlement and maritime center, to a British strategic base, to a founding member of the UAE, and today a global cultural capital recognized by UNESCO. Its development uniquely blends heritage conservation with modern urban planning, education, sustainability, and the arts. 1. Early History & Maritime Foundation Sharjah has been inhabited for more than 5,000 years.Its coastal location made it an important trading, fishing, dhow-building, and pearl-diving hub in the Arabian Gulf. In the 18th century, the Qawasim (Al Qasimi) ruling family…

Zofeur, the UAE’s home-grown first pay-per-minute, on-demand chauffeur platform, has accelerated its regional growth through expanded mobility services and the launch of Zofeur 2.0, a refreshed app designed for a smoother user experience. What began as the region’s first pay-per-minute chauffeur app now becomes a complete lifestyle mobility platform, helping individuals, families, and corporates move smarter, safer, and faster across the UAE. Since its launch, Zofeur has redefined mobility by providing fully insured on-demand chauffeurs in under 10 minutes, with pay-per-minute or pay-per-hour pricing. Designed for individuals who value the comfort of their own vehicle, the brand has carved out…

Ethereum funds now total about 6.8 million ETH, with the ETH/BTC ratio in holdings jumping from 3:1 to 5:1. Over the past year, the amount of Ethereum (ETH) funds held by institutions has grown at a rate nearly four times faster than that of Bitcoin (BTC). According to analysts, this change in allocation could point to a growing institutional belief in Ethereum’s distinct role alongside Bitcoin as a core digital asset. A Notable Shift in Institutional Strategy Data shared by XWIN Research Japan shows that institutions are clearly building their positions in different ways. Bitcoin fund holdings grew by…

A Brisbane startup developing hydrogen-powered aircraft engines and hypersonic Unmanned Aerial Vehicles has raised $46 million in a Series A as NASA prepares to test its 3D-printed ideas. The round for Hypersonix Launch Systems was led by UK national security investor High Tor Capital, with support from European defence company Saab and Polish family office RKKVC, as well as the federal government’s National Reconstruction Fund Corporation (NRFC), which chipped in $10 million for its first defence sector investment, plus the Queensland Investment Corporation (QIC). It values the defence startup at $141 million.  Hypersonix was founded in 2019 by Michael Smart and David…

The Securities and Commodities Authority (SCA), the United Arab Emirates’ regulator overseeing securities, commodities, and financial markets, and the Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), are pleased to announce a new Memorandum of Understanding (MoU) aimed at enhancing audit oversight and fostering greater regulatory cooperation between the two organisations. The agreement will help to strengthen the regulatory oversight of the audit function,and will include areas such as firm registration and inspection, helping to improve financial reporting, market integrity, and boost investor confidence in the United Arab Emirates’ financial sector. Under the…

Standard Chartered Global Private Bank today released its research findings on ultra-high-net-worth (UHNW) families, revealing 71% of UAE families believe they should strategically invest in digital assets such as cryptocurrencies, NFTs or tokenised traditional assets, compared with 69% globally. The research also found that 75% trust AI tools to support wealth decisions, reflecting a growing comfort with integrating technology into family wealth strategies, provided that human advisers remain part of major judgment calls. These insights place the UAE among the world’s most progressive wealth centres for digital and AI adoption. Families in the UAE are approaching innovation with both confidence…

Sixteen ambitious founders from within and outside the UAE are stepping into the spotlight as The Final Pitch – Dubai makes its regional debut this November. Set against the striking backdrop of Expo City Dubai, the new series shines a light on the region’s thriving start-up scene, from homegrown innovators tackling everyday problems to international founders building the next wave of tech and sustainability ventures. The show premieres 17 November, exclusively on OSNtv and OSN+. This first Middle East adaptation of the award-winning Asian The Final Pitch franchise brings together entrepreneurs from sectors including technology, sustainability, health, fintech, and social…

XRP trades at $2.65 as analysts track $2.70–$2.82 resistance. Charts suggest one final wave down before a possible longer-term rally. Ripple’s XRP is trading at around $2.65 with a 24-hour volume of over $4.4 billion. The token has gained more than 9% over the past week, holding above the $2.6 level despite broader market volatility. However, some analysts believe XRP is not yet in a confirmed uptrend and may be facing one final wave lower before a larger move higher begins. Meanwhile, technical analysts continue to monitor price levels around $2.7 and $2.82 for any signs of a trend…