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Yousef Haddad

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PUBLISHED BY ICN PRESS

  • UAE investors hit 98 percent AI use, the joint global top alongside India.
  • Around 83 percent use AI for finance work, above the 73 percent global rate.
  • Roughly 56 percent want a blend of AI tools and human advisers.
  • HSBC links the trend to national AI goals and its Wealth Intelligence platform.

HSBC issued an AI adoption in investing report showing how UAE investors now use these tools. Your money decisions sit at the center of this fast-moving shift across the country. Researchers surveyed 9,993 wealthy people across ten markets, including 703 investors based in the UAE. The numbers place UAE AI adoption right at the top, level with India worldwide. About 98 percent of these investors use AI somewhere in their daily lives right now. Britain sits near 76 percent, while the United States lands close to 75 percent.

What the report shows about the UAE’s habits

Most of these investors lean on AI for research, analysis, and quick idea generation. Around 83 percent apply these tools to finance work, above the global mark of 73 percent. Roughly 78 percent use AI investment tools for research, while 61 percent back a wider strategy. Confidence rises too, since 31 percent feel readier when they talk with their advisers. Another 27 percent compare options faster, and a similar share feels calmer under pressure. The HSBC issued an AI adoption in investing report that tracks these shifts in plain numbers.

Risk appetite also shifts as people gain more trust in these new digital helpers. Some 63 percent say AI helps them weigh calculated risks with much clearer eyes. India leads here at 64 percent, while the global average sits near 49 percent. Western markets trail behind, with the United States at 44 percent and Britain at 39. These investors also tie about 36 percent of recent returns to AI-guided choices. The global figure here sits a little lower, near 33 percent across all markets.

People still want a human voice before the money moves

Trust in human advisers stays strong, even as these smart tools grow more popular. About 56 percent want a hybrid wealth management model blending software and expert people. Nearly 39 percent explore with AI first, then check ideas with a trusted adviser. Barry O’Byrne, CEO of International Wealth and Premier Banking at HSBC, framed the pattern clearly. “Clients are not picking sides,” he said, since they blend speed from AI with human judgment. Craig Worobec, Head of Wealth and Premier Solutions for the Middle East, agreed strongly. He called UAE residents some of the most AI-literate people on the planet today. From my standpoint, this blend gives you speed without losing the calm of human advice.

The HSBC Human-AI Advantage study also tracked daily life well beyond pure portfolio numbers. Around 74 percent feel their quality of life has improved, against a global rate of 63 percent. Many also credit these tools with opening new doors in their careers and skills. Growing use of generative AI in finance ties closely to wider national goals here. The UAE National Strategy for AI 2031 treats the field as a core economic driver. A new Artificial Intelligence and Data Authority now guides data and digital government work. HSBC pairs the trend with tools like Wealth Intelligence, drawing on 10,000 data sources.

The HSBC issued an AI adoption in investing report, pointing to a clear hybrid future. You gain real speed from these systems, yet a trusted adviser still guides big moves. This HSBC report on AI adoption in investing gives you a clear picture of the UAE.

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  • AI, Banking, Business, UAE

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Apple's iPhone Duo
  • iPhone

The iPhone Duo is Apple’s first foldable iPhone, and it opens like a small book into a 7.6-inch screen. Closed, you hold a 5.4-inch outer display that fits in a pocket. Both screens share the same aspect ratio, so a video or app scales cleanly as you move between them. Stand it up on a table, and it works hands-free for calls or video. Apple showed the phone on September 9 at its Surprise and Shine event in Cupertino, where new chief executive John Ternus led his first keynote. He said rival foldables often feel like two phones stuck together. The Duo tries to feel like one device that changes size when you need it.

What the screens and camera can do

Open the Duo and the inner display runs 50 percent larger than the iPhone 18 Pro Max. A custom nano-texture finish cuts glare and hides the crease, the seam that has annoyed foldable owners for years. Peak brightness reaches 3000 nits, so the screen stays readable outdoors. Inside, an under-display FaceTime camera keeps the view whole, with no notch breaking the screen. The rear camera leans on a 48MP Dual Fusion system with a main and an ultra-wide lens. There is no telephoto, a trade Apple made to save room in the thin body. Smart Take reads the scene and snaps the photo when everyone poses, so you can stand in the shot instead of behind it. You can also shoot 48MP photos and 4K video at up to 120 frames per second.

iPhone Duo specs that matter for daily use

The iPhone Duo specs point to a phone built for long, heavy days. Inside sits the A20 Pro chip with a vapor chamber that spreads heat during games and video edits. Apple pairs it with a dual-battery design that fits more cells into the frame. You get up to 31 hours of video on the inner screen and up to 44 hours on the outer one. Plug it in, and it reaches 50 percent in about 20 minutes. A Grade 5 titanium frame and a precision hinge give the body its strength, and Touch ID moves to the side button in place of Face ID.

iPhone Duo prices are ridiculously high

Here is the part your wallet cares about. The iPhone Duo price starts at $1,999 for 256GB in the United States, which makes it the most expensive iPhone in the lineup. In the UAE, iPhone Duo starts at AED 8,499 for the 256 GB, AED 9,349 for the 512 GB, AED 11,049 for the 1 TB, and the laptop-price level of AED 13,599 for the 2 TB. Preorders open October 16, and the iPhone Duo release date lands on October 23. Apple plans a first wave across more than 70 countries, then adds 28 more on October 30. For comparison, Samsung’s Galaxy Z Fold 8 starts near $1,899.

Why the foldable iPhone arrives only now

Apple waited years while Samsung and others sold foldables. Now the foldable iPhone brings iOS 27 features built for two screens, like Split View and apps that respond to how you hold the phone. eSIM handles the connection, since there is no SIM tray anywhere. Apple Pencil support arrives later in 2026. That gap of a few weeks after the iPhone 18 Pro points to a slower, careful rollout for a harder build. If you have wanted a phone that turns into a small tablet without feeling clumsy, this is Apple’s answer, and you can hold one this month.

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Work from Park initiative
  • Business

The Work from Park initiative puts bookable workspaces inside Dubai’s public parks, starting with Al Barsha Pond Park. Dubai Municipality announced the programme on 19 April 2026 and said it had signed two memoranda of cooperation to deliver it. One went to Group AMANA, which builds the units, and the other to Letswork LLC, which operates them.

Entrepreneurs, freelancers, small and medium-sized enterprises

The structure is a public-private partnership. Dubai Municipality provides the park and the mandate. Private firms handle design, construction, and daily operation. The municipality said the model gives the private sector a route into public facilities while each site keeps its role as a park.

Target users are entrepreneurs, freelancers, small and medium-sized enterprises, and anyone doing remote work in Dubai. Content creators get dedicated production rooms, which the municipality said are meant to strengthen their place in the emirate’s creative economy.

Letswork runs the booking side. Users reserve space through the Letswork app, check in on arrival and use one membership across the company’s network of venues. The offer covers desks by the hour, event space, podcast recording and production rooms for creators. Letswork will also run training programmes and group sessions for creative talent and new businesses.

How the Work from Park initiative is built

Group AMANA delivers the first site through its DuBox unit. DuBox builds the workspace modules in a factory, then transports them to the park and assembles them on site. The municipality said this shortens the build schedule, reduces waste and lowers the environmental footprint compared with conventional construction. Units can be reconfigured later as demand shifts.

The Al Barsha Pond Park site was scheduled to open in May 2026. Letswork now lists it as a bookable venue on its platform. The listing describes modular pods with high-speed Wi-Fi, power and climate-controlled seating, plus podcast studios and creative production rooms. Members can book day passes, meeting rooms and private offices under one Letswork membership.

Dubai Municipality said the Work from Park initiative would add more sites across the emirate later in 2026. Locations and opening dates for those have yet to be confirmed.

Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, said the partnerships combine advanced construction methods with private sector expertise to produce public infrastructure “that is flexible, sustainable, and aligned with modern lifestyles and work patterns.”

Richard Abboud, CEO of Group AMANA, said modular construction lets the company build efficient, adaptable units at speed.

Why the Work from Park initiative fits Dubai’s planning goals

The programme sits under three policy frameworks. Dubai’s 2040 Parks and Greenery Strategy targets 95 million park visits a year by 2040. Land use falls under the Dubai Urban Plan 2040. Economic targets through 2033 come from the Dubai Economic Agenda D33.

Omar AlMheiri, co-founder of Letswork, said the partnership would add dedicated creative spaces and podcast studios. He described it as a step toward changing where and how people in the UAE do flexible work.

Dubai Municipality describes the Work from Park initiative as the first of its kind. Existing Dubai coworking spaces operate from office towers, hotels and retail sites. This programme moves the format onto municipal parkland, with the municipality as host and a private platform as operator.

Outdoor workspaces in Dubai face one obvious constraint: summer heat. The Letswork listing addresses this with climate-controlled seating inside the pods. Demand across a full year of operation will show whether the format holds. The second site, once announced, will be the next signal of how fast the municipality intends to scale.

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