Author: Arabian Media staff

The Middle East Blockchain Awards (MEBA) 2025 took centre stage at the Jumeirah Burj Al Arab at the end of last month, honouring pioneers who are shaping the future of blockchain, crypto, Web3, and AI technologies across the MENA region. Held on 29 April to coincide with the TOKEN2049 conference, the event gathered top investors, technologists, public officials and entrepreneurs in what organisers described as an “awards-as-networking experience”. Now in its second year, MEBA has become one of the most high-profile celebrations of digital innovation in the region. The ceremony was hosted by impact speaker and entrepreneur Lilly Douse and…

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Stay informed with free updatesSimply sign up to the UK interest rates myFT Digest — delivered directly to your inbox.The Bank of England’s chief economist has warned it has been cutting rates too quickly, and argued its policymakers should have held the level unchanged given ongoing inflationary persistence.Huw Pill, who opposed the quarter-point reduction earlier this month to 4.25 per cent, said he had advocated policymakers “skip” reducing rates this quarter, rather than “halting” the process of lowering the level altogether. He added: “My starting point is that the pace of Bank Rate reduction should be ‘cautious’, running slower than…

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Image credit: WAM/Website Trial flights of Archer Aviation’s first fully electric vertical takeoff and landing (eVTOL) aircraft, Midnight, are set to begin before the end of 2025, Dr Talib Alhinai, General Manager of Archer Aviation, said. Read-UAE begins mapping air corridors for air taxis, cargo drones Speaking on the sidelines of the “Make it in the Emirates” forum, Alhinai said the aircraft marks a major step toward the country’s urban air mobility goals, with operations expected to begin in Abu Dhabi ahead of a full commercial rollout. Archer recently opened a manufacturing facility in Georgia, USA, with an initial annual…

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Stay informed with free updatesSimply sign up to the Chinese economy myFT Digest — delivered directly to your inbox.China’s President Xi Jinping has stepped up calls for greater “self-reliance” in the country’s manufacturing sector, emphasising a strategy critics say has fuelled tensions with trading partners.Xi’s comments on Tuesday, which the Chinese leader made on a visit to a ballbearing factory that dates back to Mao Zedong’s era, came barely a week after the US and China agreed to a 90-day truce in their trade war.The two sides agreed to slash tariffs from levels as high as 145 per cent, which…

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Image: Supplied Launched in 2024 as a joint venture between Marlan Space and Loft Orbital, Orbitworks represents a new chapter in the UAE’s space ambitions. With a 30,000-square-foot facility in Abu Dhabi’s KEZAD industrial zone, the company is building one of the region’s most advanced satellite manufacturing hubs — capable of producing up to 50 satellites annually. In its debut public appearance at the Make it in the Emirates Forum, Orbitworks unveiled Altair, an AI-powered Earth observation constellation designed and built in the UAE. Here, Ralph Koyess, business development director at Orbitworks, shares how the venture is fusing global expertise…

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When AHS Properties debuted One Canal and followed with Casa Canal, Dubai’s ultra‑luxury market took notice both of its dynamic founder 25-year-old Abbas Sajwani and the company’s ambitious vision to redefine Dubai’s ultra luxury property landscape. Now, the developer is preparing to unveil its third canal‑side development — Casa AHS — and we caught up with Sajwani to learn what sets this latest address apart. “Luxury starts with location,” Sajwani explains, referring to the unique stretch of the Dubai Water Canal that links One Canal, Casa Canal and soon Casa AHS. “On one side you see the city skyline; on…

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Stay informed with free updatesSimply sign up to the Visual and data journalism myFT Digest — delivered directly to your inbox.China could be on its way to becoming the world’s first major “electrostate”, with its electrification rate climbing to 30 per cent, ahead of the EU and US where electricity as a final share of energy has plateaued around 22 per cent in recent years.Some content could not load. Check your internet connection or browser settings.Petrostate is a term that will be very familiar to most people — but electrostate maybe less so. Electrification is the process of swapping processes…

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