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AGBI
Добавлен 27 окт 2022
We are a new business news platform serving the MENA region. We’ll break important stories, provide authoritative analysis and facilitate interaction and commercial collaboration.
Vero Labs taps into the fan-based asset economy
Vero Labs, the social networking company owned by the Lebanese billionaire Ayman Hariri, has partnered with the blockchain platform Avalanche to tap into the multi-trillion-dollar fan-based asset economy sector of the sports and entertainment industry.
Last year Vero Labs acquired Tokenise Stock Exchange, a regulated global marketplace where users can buy, sell and trade fan-based assets.
Fan-based digital assets could include blockchain-based tokens that grant privileges such as commemorative tickets, insider passes, access to exclusive content and merchandise.
It could also include NFTs - non-interchangeable digital assets that are stored on the blockchain and represent real-world items...
Last year Vero Labs acquired Tokenise Stock Exchange, a regulated global marketplace where users can buy, sell and trade fan-based assets.
Fan-based digital assets could include blockchain-based tokens that grant privileges such as commemorative tickets, insider passes, access to exclusive content and merchandise.
It could also include NFTs - non-interchangeable digital assets that are stored on the blockchain and represent real-world items...
Просмотров: 40
Видео
Careem: Drone deliveries are not commercially viable
Просмотров 138Месяц назад
Drone deliveries across the Middle East are expected to grow significantly over the next decade. However, the commercial viability is up for debate, says a Careem executive. Mohamad Charafeddine, Careem’s vice president of product for data and AI, says that drone deliveries have their value in speed, such as for essential medical products. But the cost of carrying a small quantity of something,...
Why Edtech startups fail
Просмотров 1062 месяца назад
Funding value is down by 90 percent in the educational technology sector from global highs, forcing many companies out of business. In the first quarter of 2024 there were about 100 venture capital transactions in educational technology, or “edtech”, with a total value of about $580 million. Online course provider Coursera has more than 20 million users in the Middle East and Africa, with cours...
Why Gulf governments keep investing in electric vehicles
Просмотров 1182 месяца назад
Oil-based economies need a Plan B - something they can turn to when crude markets are troubled. Gulf governments are using electric vehicles as that hedge, according to Kevin Chalhoub, CEO of EV Lab. “When oil won’t go well, probably electric cars will go well,” he says. “It’s a very exciting strategy. The Middle East is actually leading the pack by investing in the car manufacturers themselves...
Ras Al Khaimah's draw: Concerts, casinos and crypto
Просмотров 2032 месяца назад
Historically, the emirate of Ras Al Khaimah has been known for industry and manufacturing, but tourism has taken centre stage over the past decade. It has just 400,000 residents and attracted 600,000 visitors to its airport this year, but expects to increase its tourist numbers to 3.5 million overnight guests in the coming years. Raki Phillips, CEO of Ras Al Khaimah Tourism Development Authorit...
A look inside the Future Investment Initiative 2024
Просмотров 2102 месяца назад
A look inside the Future Investment Initiative 2024The eighth edition of the Future Investment Initiative (FII) in Riyadh last week was by general consensus the most successful yet.The organisers, expertly marshalled by Richard Attias and Princess Reem Al Saud of the FII Institute, hit just the right mix of serious content and “masters of the universe” celebrity. The venues, the King Abdulaziz ...
Budget2024: UK is ‘actively seeking’ Gulf investors
Просмотров 773 месяца назад
“Britain is back and Britain is open for business,” UK trade minister Douglas Alexander has told AGBI. In an interview at the Future Investment Initiative summit taking place this week in Riyadh, Alexander said the Labour government’s budget on Wednesday would seek to “raise the level of investment in the UK economy”. “The kind of investments we have seen from the UAE and Saudi Arabia is certai...
‘Holograms won’t replace Zoom and Teams… yet’
Просмотров 633 месяца назад
Star Wars depicted the use of hologram tech for video conferencing way back in the 80s, but the technology is yet to move from science fiction to mainstream media, mainly because of monetary and logistical limitations. During an interview with HPE president Antonio Nearly’s holographic avatar at Gitex Global in Dubai, it was revealed that holograms are unlikely to be used in our everyday lives ...
Dubai AI leaders: Look beyond Nvidia chips and unify regulations
Просмотров 2424 месяца назад
Digital economy leaders in the UAE called for the global unification of artificial intelligence regulations at the launch of DMCC’s AI Centre last week. Dubai issued a universal blueprint for AI earlier this year, but a unified framework governing the growing AI technology sector is still lacking. “How can you disregard the artificial intelligence sector that will be adding $15 trillion to the ...
Prince Faisal: growth, not profitability, focus for Saudi esports
Просмотров 1274 месяца назад
Cost-intensive spectator events are not going to be a “serious profit generator”, Prince Faisal bin Bandar Al Saud told AGBI, as Saudi Arabia concluded the first Esports World Cup last week. The event was watched by more than 500 million people but Prince Faisal, president of the Arab Esports Federation, said: “In esports, sustainability is something that everyone is striving for. There is a hu...
Turkish investors use crypto as “escape point”, as UAE introduces dirham-pegged stable coin
Просмотров 1455 месяцев назад
As Tether introduces the first dirham-pegged stable coin in the UAE, AGBI looks into how unstable economies like Turkey have used cryptocurrencies as a hedge against inflation. Turkey country banned the use of cryptocurrencies for payments in 2021, the same year the financial action task force (FATF) downgraded it to the grey list over money laundering concerns. However, the Turkish Lira is the...
Dubai retailers warn of unsustainable rise in mall rents
Просмотров 8465 месяцев назад
Demand for retail space is outstripping supply in Dubai’s most popular malls, leading to hefty rent rises for all tenants, whether big, small, established or new. The highest rents on new leases were recorded in Mall of the Emirates and Dubai Mall, according to a report by consultancy company Nikoliers, with Emaar Malls prime assets boasting occupancy of nearly 99 percent as of 30 June 2024. Tw...
The Gulf needs better construction codes
Просмотров 1245 месяцев назад
Devastating building fires in Kuwait and Qatar this summer, and April’s flooding in the UAE, have raised awareness of the need for more stringent construction codes in the Gulf. National Fire Protection Association president Jim Pauley told AGBI that sometimes rules are in place but it is “the application of the regulation that needs to have more enforcement”. Mohamed Amer of the International ...
UAE gold jewellery demand falls as prices surge
Просмотров 986 месяцев назад
Gold isn’t just for jewellery and bullion bars - it is also an important material in the tech sector. Andrew Naylor, head of the Middle East region at the World Gold Council, explains how the precious metal’s increasing use in artificial intelligence chips is raising demand - and prices.
Inside UAE's Baqalas
Просмотров 4706 месяцев назад
Baqalas - small convenience stores - represent 81 percent of the UAE’s grocery retail outlets. But they need to adopt technology if they are to maintain their 56 percent market share against competition from supermarkets and hypermarkets. Watch the video to find out more.
How UK's new tax changes will impact Arab investors
Просмотров 2696 месяцев назад
How UK's new tax changes will impact Arab investors
New sectors for UK investors to consider in the UAE as FTA talks progress
Просмотров 1496 месяцев назад
New sectors for UK investors to consider in the UAE as FTA talks progress
Dubai Humanitarian and the MENA aid challenge
Просмотров 516 месяцев назад
Dubai Humanitarian and the MENA aid challenge
Kickback culture "devalues" Dubai real estate
Просмотров 7776 месяцев назад
Kickback culture "devalues" Dubai real estate
Counterfeit and vaping black market rampant in the UAE
Просмотров 1807 месяцев назад
Counterfeit and vaping black market rampant in the UAE
Oman’s Amouage outgrows ‘overdeveloped’ GCC market
Просмотров 5247 месяцев назад
Oman’s Amouage outgrows ‘overdeveloped’ GCC market
Can Bollywood Parks re-theme save Dubai Parks and Resorts?
Просмотров 1968 месяцев назад
Can Bollywood Parks re-theme save Dubai Parks and Resorts?
UAE diabetics face Ozempic shortage due to weight-loss users
Просмотров 2068 месяцев назад
UAE diabetics face Ozempic shortage due to weight-loss users
A look inside the first large green methanol ship
Просмотров 4,1 тыс.8 месяцев назад
A look inside the first large green methanol ship
Middle East's unicorn SWVL survives share slump to turn a profit
Просмотров 2508 месяцев назад
Middle East's unicorn SWVL survives share slump to turn a profit
Art tokenisation remains as the NFT bubble bursts
Просмотров 779 месяцев назад
Art tokenisation remains as the NFT bubble bursts
UAE's Borouge to treble production despite petrochemicals glut
Просмотров 1,3 тыс.10 месяцев назад
UAE's Borouge to treble production despite petrochemicals glut
Inside the Dubai medical spa that charges AED90,000 to increase "healthspan"
Просмотров 28210 месяцев назад
Inside the Dubai medical spa that charges AED90,000 to increase "healthspan"
Dubai's Deyaar eyes mid-segment and commercial real estate
Просмотров 56710 месяцев назад
Dubai's Deyaar eyes mid-segment and commercial real estate
Unfortunately the ceo's answers shows he doesn't have a damn clue what human beings enjoy and is just continuing the same copy paste build it and they will come topsy turvy madness that will been the reason the city will fail by suffocating itself-
responsible fo 3 percent of the emissions - what are the remaining 97 percent??? Why iming to kill a fly when there are bigger targets to go after at the very first place?
A big mistake has been made, I think. Green beaches are being destroyed. Jumeirah Beach Park was the first oasis in the desert to be demolished along with a large forested area. Now it's the turn of a very soulful, romantic, green beach park - La mer beach. We fell in love with Dubai for its modernity and comfortable green beaches. Instead of beautiful beach parks now restaurants on the beach with their own expensive sunbeds. And then there is face control, evening dresses. What kind of vacation is that? On vacation, you want to relax
La Mer looked really impressive to me . Sad it's gone before I went there
At La Mer they started charging ridiculous parking fees if I remember correctly and this obviously put off footfall. Add the poor connectivity of the public transport to the coast. As for City Walk: I've been there half a dozen times and from 2019 - 2022 and it's filled with sub standard vendors. We'd literally walk up and down disappointed with so many average dining options and just settle for PF Chang which is available everywhere for a lack of better options. As for J1 or the new La Mer choosing 13 highly pretentious beach clubs?! Just what this City doesn't need any more of... Cringe crypto bro's, escorts and Instaho "influencers"
If they incentivise birth rates with cash payouts?
By the year 2050, almost all ships will be powered by either green methanol or nuclear power
as for nuclear power - I doubt so, but it is possible. There was a ship -Savannah - that wa supposed to be the fist on of a huge fleet o nuclear powered merchant ships, however, it failed as more and more ports rejected to harbor it. Check that out. Nowadays the only nuclear merchant ship is the Russian ship Sevmorput. It is to be noted, however, that several shipbuilders intend to use the 4th generation small modular reactors for the future. Obviously, since the Savannah (built in late 1959) the technology developed in a way that nuclear propulsion no longer represents a threat - cannot cheatalmost 65 years of evolution.
First what you should do with city walk is to fix the parking !
20% is too much.
most feel like La Mer is for emirati's plus most people don't go that far up
It was under construction when I left , it looked like a beautiful project, surprised it went wrong ..the location seems bit disconnected
Smart decision, more liquidity = better for us
UAE will be the crypto hub soon because of Tether
nc. dirham tether could really enhance stability in digital finance and offer much-needed diversification. by putting aed on the blockchain, they're creating many opportunities, such as better liquidity and flexibility. i’m interested to see how exchanges and asset managers will make the most of this.
tether just keeps innovating! 🙌 a dirham stablecoin is exactly what the crypto world needs for more international adoption. exciting times ahead!
This will give residents of UAE more freedom to use Dirham to buy crypto for sure!
Time to move to Dubai 🧐🧐
Really good!
Interesting move by Tether! 🚀💰
Bullish 📈
Tokenizing AED could unlock so many benefits. Can’t wait to see what their next venture brings. The future of finance is looking bright...
Thank you!
Dubai lack public beaches, The government should think of having a lot more public areas and beaches. Not everything needs to be a shopping mall. A. typical seaside city in Europe will have a beach promenade long tens of kilometers
Its 45 degrees.
@@millennia This summer was 36 most of the time. It is less than 36 9 months a year.
Completely nonsense
fuck vape just use nic patches
The Secirty gards/beach gards are really respectlos, at la mer, men don't feel free, stupid securty
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Um...doesnt he own about half of the worlds oil and wells?
Omg
Check out a full flight on Concorde in 2002 - what a plane!!! ruclips.net/video/H5I1Ub4sNW4/видео.html
AGBl,
Amslrsadmoulana looks great work member,youlookn Srilanknamegoodmee, and the best
That is disgustingly obscene while there are so many people who don't know where their next meal comes from. You show off about how it will help the economy. Huh! Heard that before. Not much will go to the economy. It will only go into already fat pockets.
I love how dedicated you are to producing awesome videos.
"Promosm" 💦
👏👏🇧🇷
🎊 *PromoSM*
💯