Author: Ashik Ahmed

The UAE is proving to be a favored jurisdiction of choice for crypto and stablecoin businesses escaping the new EU crackdown next year. Gurus estimate that most virtual asset firms will shift their bases to Dubai and Abu Dhabi due to MiCA regulation to take effect on 30 December, 2024. MiCA also implies all-round licensing and supervisory rules in 27 EU countries that strive to improve the stability of the market. However, these measures including seeking to ensure that smaller stable coin issuers keep 30% of their reserves in low risk EU based commercial banks and larger issuers such as…

UAE remains as one of the world’s most vibrant labor market that is still in the process of developing and rapidly providing job opportunities to skilled professionals. With a strong and diverse economy, boosted by a friendly investment climate, the country continues to stand as the world’s major hub of attracting talent. Some of its strengths include a well-developed infrastructure, environment unfriendly policies, and appeal to digital skills that rank higher in the indexes of talent attraction. In a study done by 2024 Deel, the UAE ranked highest for the choice of work visas, and CEOWORLD Magazine ranked the UAE…

CSynch, space tourism is not a thing of the future and Abu Dhabi may soon be at the vanguard of this new industry. European pioneers EOS-X SPACE are planning to start their activities in the UAE and give residents an extraordinary opportunity to travel into space. Launched to market in Q3 of 2025, with the name of EOS-X SPACE, the company will be using helium balloons to take travelers to the stratosphere frontier of 40,000 meters. The pressurized capsule is for eight passengers including a pilot and enables a smooth space lift. While traveling for five hours, passengers can watch…

The ninth festival of honey in Hatta in Dubai has taken a new turn with the use of a robotic arm that tests honey products. Organized by Dubai Municipality, the event demonstrates that technology applied in innovative and creative manner is now and will in future change traditional practices in honey production. Dubai Central Laboratory (DCL) has incorporated this tool in a bid to enhance efficiency of honey quality assurance tests. Mentioned in a video by the municipality, the arm provide prompt lab results in ensuring that honey products are of the best quality. Compared to the former testing methods…

Dubai Culture and Arts Authority (Dubai Culture) together with Google, has confirmed the second edition of the ‘MENA Creatives Bootcamp – AI & Innovation Edition that is aimed at fostering creatives in the UAE and the MENA region. The programme will be based on developing creative projects supported by technological and artificial intelligence tools, increasing an online presence, and building an experiential learning environment. The Applications are accepted until January 10, 2025. Google Dubai will be the venue of the bootcamp all through with the last day for the Bootcamp at Al Quoz Creative Zone. This event provides Google’s AI…

The Executive Council Chairman Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has declared Dubai AI Week scheduled for April 21-25, 2025. The event will launch a week activities including the Conferences, Initiatives and Exhibition for AI experts, Leaders and Innovators from all around the world which reinforce the position of Dubai as an AI city. Event Highlights Dubai AI Week 2025 will showcase key events at iconic venues like the Museum of the Future and AREA 2071, including: AI Retreat: More than one thousand industry leaders, technologists and innovators from around the world will convene to discuss AI opportunities…

DMCC Crypto Centre Metaverse has been launched recently representing a major step forward to future development of one of the largest Web3 hubs in the world – Dubai. The platform was created under the cooperation with Infinite Reality and aims at improving the flow of interaction between a user and the platform while showcasing possible use cases of the most advanced blockchain and AI solutions. An innovative media of providing a consumer engagement. The DMCC Crypto Centre Metaverse is designed to have fun gaming areas and Direct Message access to the DMCC team, both enhancing engagement. Consumers can also access…

Nabat is a climate tech project launched by Abu Dhabi for mangrove and ecosystems restoration across the UAE and other areas. Nabat is an AI and robotics system created by the VentureOne programme of the ATRC in cooperation with ecologists at the Technology Innovation Institute. One of the main novelties of Nabat is the application of drones and artificial intelligence to monitor environmental information on the state of mangroves. This approach also makes the work more efficient and sustainable since several techniques are developed to meet the needs of different habitats. In contrast to other interventions that are centered on…

The new institute will be funded by the adjustments from the stock markets and other equities, sources close to Elon Musk, the wealthiest individual in the world said that he aims at starting a science institute in Dubai that will cost $1 billion according to his father, Errol Musk. The pioneering project, The Musk Institute, which would consist of these two divisions: research-Gravity and Nuclear Fusion, would help create relevant chances while curbing the draining problem which the world is badly suffering from: brain drain. Errol Musk led a delegation to UAE lately to discuss with the country’s top government…

The safest bet right now is that Elon Musk’s AI startup, xAI, recently rolled out the most recent iteration of its Grok-2 chatbot that is now available for download and use to all users of the social media platform X for free. This particular shift is geared towards ensuring that more and more organizations avail themselves to xAI’s technological solutions. Writing on their blog on Saturday, xAI noted that “Premium and Premium+ users will be entitled to higher usage quotas and future features when they are released.” This shows, that Musk, in addition to improving the value proposition of X…