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🤖 Tesla Bot is Coming //

Tesla Artificial Intelligence Day, which Musk had originally planned to hold on 19 August, has been postponed to 30 September to introduce a functioning humanoid robot.

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💰 Digital Wallets in the UAE //

More than half of UAE residents use digital wallets. The rise in popularity of contactless mobile payments is linked to the Covid-19 pandemic, when people started taking health precautions.

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👮‍♂️ A Pleasant Meeting in the Metaverse //

Ajman Police launched a Metaverse project as a part of its efforts to increase cooperation with its clients and involve them in the development of services.

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📰 Dubai Media Council //

The council will support the media in generating high-quality content, develop Dubai’s media strategy and enhance strategic relations with local, regional and international media organisations.

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🏦 One More Crypto Exchange in Dubai //

Dubai's Virtual Asset Regulatory Authority (VARA) has granted Crypto.com a provisional approval of its virtual asset licenсe.

VARA will conduct further due diligence and other mandatory reviews for the issuance of a full operating licence, which could happen in the near term.

Crypto.com said in March that it would establish a regional office in Dubai after passing new laws for cryptocurrencies and establishing VARA to make Dubai a global cryptocurrency hub.

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🚀 Open Banking to Speed Up UAE Crypto //

UAE has one of the fastest adoption rates in crypto transactions. Still, the Open Banking could speed up the process in several ways.

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🔋 Reliable Charge, Loyal Customer //

Saudi Petromin’s innovative venture “Electromin” promotes EV culture opening 100 charging stations in the Kingdom’s major cities.

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💸 New Era Money-Laundering //

According to Reuters, over the course of five years, intruders laundered at least $2.35 billion of illegal funds through Binance.

The leakage emerges due to the weak user verification procedure that functioned in the stock exchange until mid-2021.

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⚔️Bots of Discord //

In a Monday letter to the company, Elon Musk blames Twitter of "resisting and obstructing" his right to know about Twitter fake accounts, calling this misbehavior a "transparent and severe violation" of the terms of the merger agreement.

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⭐️ Premium Is Coming //

The video signed by an ex-developer of Telegram is spreading through channels. As can be seen in the video, the Telegram Premium subnoscription will unlock the following features:

- Doubling the limits in the messenger (for more details click here)
- Ability to upload files weighing up to 4GB instead of 2GB as it is now
- Increase the download speed of content in the messenger
- Access to the trannoscription of voice messages
- Disabling built-in ads in Telegram
- Access to an extended set of reactions to messages
- Access to premium stickers with unique effects
- Ability to automatically archive all new dialogues
- Unique subscriber icon next to the profile name

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iOS 16 Stretches the Boundaries of Customization //

Sharing, personalization and usability are among the focuses of Apple’s iOS 16 introduced with a view to the change of how users experience iPhone.

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🤖 Robot Wealth Managers to Take across MENA //

The rise of digital only solutions is expected as the technology revolution accelerates in the MENA wealth management sector.

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⚡️Really Premium //

It became known that the possible price for subnoscription to Telegram Premium with all the benefits will be $4.99 per month.

Still, the price is a preliminary, so there is a room left for new updates, which may reveal completely different subnoscription cost.

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💡Artificial Intelligence at the Top of UAE Agenda //

UAE Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications, Omar bin Sultan Al Olama highlights the significance of implementing advanced technologies in all spheres of Emirati life.

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🔋 EV Revolution at Risk //

According to BloombergNEF's prediction, currently known reserves of lithium, cobalt, manganese and nickel are insufficient for the EV revolution awaited on the verge of year 2050.

For instance, yearly lithium consumption could increase by 3.5 times by 2030, reaching 2.4 million metric tons of lithium carbonate equivalent (LCE).

Nickel (nickel sulfate) is also a rare commodity that will maintain its status until next year, after which BloombergNEF predicts supply & demand balance until 2030.

Analysts expect that the rise of prices will stop in the coming year and later start to decline as new mining operations are built. However, for now, a bias in favor of processing facilities is clearly witnessed.

All in all, by mid-century, establishing widespread recycling of batteries could become the most crucial aspect. Thus, circular economy is a key to a long-term success that enables to mitigate inevitable shortage of natural resources.

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