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NEWS DESK

US Markets Face a Week of High-Stakes Earnings and Shifting Economic Signals – Elevate Financial Services Market Report

Madhur Kakkar, Founder & CEO, Elevate Financial Services   This week’s priorities are Wednesday’s major earnings announcements, as investors assess the outlook for AI investment and corporate profitability. Nvidia’s premarket keynote followed by results from Meta, Tesla, Lam Research, Texas Instruments and IBM, will offer further insight into AI demand and
NEWS DESK

Dubai’s Medcare Hospital becomes world’s first to treat adult Spinal Muscular Atrophy (SMA) patient outside the US

Medcare Royal Speciality Hospital (MRSH) in Dubai has become the world’s first hospital outside the USA to offer a newly licensed intrathecal gene therapy to any adult patients with Spinal Muscular Atrophy (SMA). This one-time, life-altering treatment was recently administered to a 22-year-old Egyptian patient who had spent most of his life confined to a […]
NEWS DESK

Novo Nordisk A/S: Wegovy® HD (semaglutide 7.2 mg) approved in the US, providing 20.7% mean weight loss

Novo Nordisk today announced that the US Food and Drug Administration (FDA) has approved Wegovy® HD (once-weekly injectable semaglutide 7.2 mg) to reduce excess body weight and maintain weight reduction long-term. The FDA awarded a Commissioner’s National Priority Voucher for Wegovy® HD, accelerating its review and underscoring its potential to address critical patient
NEWS DESK

UAE Markets Rise as Oil, Geopolitics Stay in Focus and DFM Nears 18-Year High : Comments from Vijay Valecha , CIO – Century Financial

Rising geopolitical tensions in the Middle East and the US-Venezuela relationship have been grabbing investor attention. Developments around Venezuela continue to make headlines, as they affect oil prices in the region. President Trump has asked Venezuela to sell up to 50m barrels of oil to the U.S. This is expected to release Venezuelan oil which […]
NEWS DESK

AUS secures US patent for infrastructure-protecting concrete system, supporting UAE’s smart city vision

On August 12, 2025, the United States Patent and Trademark Office (USPTO) granted American University of Sharjah (AUS) U.S. Patent # 12,385,244 B2, titled “Concrete Structural System.” The patent covers a novel conductive concrete mixture that not only carries design loads but also shields essential infrastructure from harmful electromagnetic disruption. The innovation
NEWS DESK

US-China Tariff Truce Eases Pressure on UAE Economy

With Washington and Beijing agreeing to extend trade negotiations until November 10, avoiding immediate tariff escalation, global markets are breathing a sigh of relief, and the UAE stands among the key beneficiaries. The decision by the U.S. and China to keep talks alive has tempered volatility in tech exports and the oil market, both of […]
Logistics

American drone franchise model targets global growth

As demand for aerial services rises A new drone business model launched in the United States is drawing attention from global markets, including the Middle East and Africa, for its potential to transform the commercial drone services industry. Aquiline Drones, a Hartford-based technology firm, has introduced a franchise system called the Virtual Drone Franchise (VDF). […]