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! The project is not managed by Pavel Durov
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🏛 Crypto for Dirhams //

RAKBank will allow Kraken to offer its UAE customers the ability to fund their crypto accounts via local fund transfers from any bank in the UAE.

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🚍 It's not All Roses //

Despite more customers abandoning cars in favour of buses, Dubai-based transport start-up Swvl is forced to put its expansion plans on hold.

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🍏 No Mercy for Employees //

Apple expects an economic downturn next year, so it is going to cut hiring and spending in some divisions.

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Tuesday! Here's the morning news:

// Abu Dhabi-based technology start-up centre Hub71 will launch new Outliers programme in Abu Dhabi
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// Virgin Atlantic will test flying taxis in London
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🏙 The First Metaverse Strategy //

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, has launched a metaverse strategy that aims to place Dubai among the top ten cities in this sector, contribute $4 billion to the economy and create 40,000 virtual jobs within five years.

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👨‍⚖️ Earnings Breaker //

Apple faces an antitrust lawsuit alleging that the company has an illegal monopoly on contactless payments on its devices.

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📄 Law-Abiding Google //

Google will let non-gaming app developers in Europe use third-party payment methods and cut fees to 12%.

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⚖️ Small Victory //

Twitter may accelerate its lawsuit against Elon Musk over its cancelled $44 billion buyout.

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Wednesday! Here's the morning news:

// Netflix loses 1 mln subscribers in Q2, 1 mln less than forecasted
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// World’s largest vertical farm opens in Dubai
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📊 TON: $0,9 | BTC: $23,3K
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🌐 Hey, Mark! Dubai is Getting Pretty Serious about Metaverse //

Dubai announced that Dubai Metaverse Assembly will be held in the city on September 28-29. After the launch of the Metaverse Strategy, this is a new step Dubai makes to become a global hub for innovations.

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🤯 Israel Set to Become a New Centre for Quantum Computing //

Israel Innovation Authority allocates $29 million to build a quantum computing research center, which will help build a quantum computer.

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🏖 Heatwave in UK Disables Google, Oracle Cloud Servers //

Guys, it's been just 40C, are you serious? For us, in Dubai, it's kinda chilly...

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🍏 An Apple a Day Keeps the Doctor Away //

Apple published a 59-page report summarising all of its existing health features and partnerships with medical institutions, and suggesting healthcare is key to the tech giant’s future.

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⚡️Tesla Gets Rid of Bitcoins //

The electric car maker released its Q2 earnings report, saying it sold 75% of its BTC holdings for $936 million.

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Thursday! Here's the morning news:

// After selling BTC, Tesla reports $2.26 bln in profit in Q2
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// New perks for Golden Visa holders in the UAE
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📊 TON: $0,94 | BTC: $22,9K
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👊 NFT Shall Not Pass //

Minecraft developer Mojang Studios has banned blockchain technology from being embedded in the game, as well as creating NFTs.

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🚀 Improved Visibility for Pilots //

Israeli company Universal Avionics Systems won a $33 million contract to supply Enhanced Flight Vision Systems (EFVS) for Boeing 737NG aircraft for AerSale Corporation. The ability to allow aircraft to operate in conditions well below published minimums may be a game-changer in the industry.

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💦 DEWA to Spend Billions on Clean Energy Projects //

The Dubai Electricity and Water Authority (DEWA) has allocated Dh40 billion ($10.9 billion) for investment in renewable and clean energy projects within the next five years.

Previously, we reported DEWA launched an Automatic Smart Grid Restoration System (ASGR), the first of its kind in the MENA region.

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🍸 Can I Make You a Drink? //

Originally developed as a fun addition for events and conferences, today robot bartender Cecilia speaks 40 languages and can take orders via voice or touch screen menu.

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