Dubai Crowned World’s Largest Licensed Virtual-Asset Market as Volumes Hit AED 2.5 trillion

Dubai has claimed a major milestone in the global digital-asset landscape, announcing on 12 October 2025 that it is now the world’s largest licensed market for virtual assets — a status officials say is backed by year-to-date transaction volumes of roughly AED 2.5 trillion and a fast-growing roster of regulated platforms and service providers. The … Read more

Quick take — Will gold in the UAE rise or fall this week?

Short answer: Slightly bullish but volatile. The near-term bias looks tilted toward higher prices this week, but expect quick rallies and short-lived pullbacks — so trade carefully or stagger physical purchases. Why the upside bias exists Why a pullback or choppy trading is still possible Current prices and a realistic trading range (this week) What … Read more

Dubai Gears Up for Three Big Events This Week: Tech, Comedy and Live Music

Dubai is set to host a busy calendar this week as organisers roll out three headline events that will draw business visitors, tourists and locals in quick succession: GITEX Global (the world’s largest tech fair), the Dubai Comedy Festival and high-profile live shows that include Loboda’s Dubai dates. Together they promise a mix of cutting-edge … Read more

Orders Aloft: Dubai Trials Spark 600 Regional Pre-Orders for Modular Flying Cars

Dubai’s high-altitude ambitions took another leap forward this week after a Chinese-made modular flying car completed public test flights in the emirate and the manufacturer announced a bulk order for 600 units from companies across the Gulf. The demonstration — part of wider trials in the UAE — has drawn attention from fleet operators, dealers … Read more

Gulf Grit: UAE Braces for Several Days of Heavy Rain and Strong Winds

The UAE is preparing for a spell of unstable weather that forecasters say will bring heavy showers, thunderstorms and gusty winds to parts of the country over the coming days. Authorities and weather services are urging residents and motorists to stay alert after the National Centre of Meteorology (NCM) flagged a surface low-pressure extension driving … Read more

From Beijing to the Bay: How ‘996’ Is Fueling a New Grind in Silicon Valley

A controversial work rhythm that once defined swaths of China’s tech scene — the so-called “996” schedule (9 a.m. to 9 p.m., six days a week) — is showing signs of being repackaged for Silicon Valley, where a renewed rush to dominate artificial-intelligence projects and data-center buildouts is lifting appetite for ever-longer workweeks. Startups and … Read more

The C.E.O. Who Spends All Day Thinking About Sleep

When most chief executives talk about margins, market share and product road maps, Maya Alvarez talks about slow waves, circadian timing and the quiet rhythm of a person’s nights. Her office, on the 22nd floor of a converted warehouse, smells faintly of eucalyptus — a deliberate choice, she says, because scent is one of the … Read more

Power Play: Private Equity Bets Big on Utilities as Rising Electric Bills Meet Tech’s Energy Thirst

Private equity firms and other big investors are moving aggressively into the U.S. power sector, viewing regulated electric utilities and their sprawling networks of plants and transmission lines as a steady, long-term source of returns — even as household electric bills climb and hyperscale technology companies gobble up megawatts for data centers and AI operations. … Read more

Strands Cut, Signals Lost: Thousands Report Spectrum Outage Across Texas

Thousands of Spectrum customers across North and Central Texas experienced sudden internet, phone and TV disruptions on Friday, with outage reports peaking in the afternoon as users scrambled for answers. The outage — which hit major Dallas-area suburbs and other Texas cities — left many working from home, streaming viewers and small businesses temporarily offline. … Read more

Love in the Vineyard: Ruth & Boaz Puts a Faithful Spin on a Familiar Tale

Tyler Perry–produced Ruth & Boaz reimagines the biblical romance as a glossy, small-town romance about grief, faith and second chances — a film that knows exactly what audience it’s courting and mostly delivers, even when the storytelling feels safer than it sometimes should. The movie, directed by Alanna Brown and streaming on Netflix starting Sept. … Read more