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50 Most Influential Business Women of the UAE 2026 | Finance World Magazine Power Issue

Every sector is experiencing transition simultaneously. Retail investors are accessing opportunities once restricted. Private markets are restructuring. Hedge funds are operating with greater precision. Data is establishing itself as foundational to trust in trade. Healthcare is being reimagined. Artificial intelligence is embedding across finance while security demands intensify. This month’s cover story features the 50 Most Influential Business Women of the UAE – leaders across healthcare, technology, energy, real estate, and innovation. Their decisions shape markets. Their ventures influence capital allocation. Their leadership strengthens the entire business ecosystem. When businesses are strong across all sectors, financial systems function more effectively. This is the connection: robust leadership in healthcare, technology, and innovation creates the conditions for stable, growing markets. Leadership isn’t confined to finance. It emerges wherever vision meets execution. The UAE demonstrates this principle clearly. Diverse leadership across sectors. Diverse sources of growth. Interconnected strength. The economy doesn’t operate in silos, finance responds to what’s being built everywhere else. What we’re observing in this edition is straightforward. Capital moving toward opportunity. Infrastructure being built with intention. Systems being strengthened from multiple directions. Markets responding to genuine economic activity, not speculation or trend-chasing.

Every sector is experiencing transition simultaneously. Retail investors are accessing opportunities once restricted. Private markets are restructuring. Hedge funds are operating with greater precision. Data is establishing itself as foundational to trust in trade. Healthcare is being reimagined. Artificial intelligence is embedding across finance while security demands intensify.

This month’s cover story features the 50 Most Influential Business Women of the UAE – leaders across healthcare, technology, energy, real estate, and innovation. Their decisions shape markets. Their ventures influence capital allocation. Their leadership strengthens the entire business ecosystem. When businesses are strong across all sectors, financial systems function more effectively. This is the connection: robust leadership in healthcare, technology, and innovation creates the conditions for stable, growing markets. Leadership isn’t confined to finance. It emerges wherever vision meets execution.

The UAE demonstrates this principle clearly. Diverse leadership across sectors. Diverse sources of growth. Interconnected strength. The economy doesn’t operate in silos, finance responds to what’s being built everywhere else. What we’re observing in this edition is straightforward. Capital moving toward opportunity. Infrastructure being built with intention. Systems being strengthened from multiple directions. Markets responding to genuine economic activity, not speculation or trend-chasing.

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Property’s New Pace: Fast Sales Reshaping Buyer Behavior In The UAE

Finance In Transition: Key Trends That Could Shape Global Markets In 2026

Stablecoins Gain Momentum In The Global Financial System

Artificial Intelligence And The Escalating Global Cyber Crisis

May 2026

MOST

INFLUENTIAL

BUSINESS

WOMEN

OF THE

UAE

2026

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BUSINESS NEWS




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Co-founder & CEO,

Improbable, MSquared (M²)

and Somnia

BUILDINGThe

Herman Narula on Virtual Worlds, Real Billions, and

a Digital-First Civilization

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Editor’s Note Note

One way to keep momentum going is

to constantly have greater goals.

Editor’s Note

EDITORIAL

Ambrish Agarwal,

ambrish@thefinanceworld.com

DESIGN

Hamza Khan

EDITORIAL

Ambrish Agarwal,

ambrish@thefinanceworld.com

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Mommina Asif

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Hamza Khan

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Abhinay Bhartiya

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GENERAL Abhinay Bhartiya

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Advertisement, advertise@thefinanceworld.com

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+971 55 889 5917,

Fi n a n c e i n T r a n s i t i o n

Every sector is experiencing transition simultaneously.

Retail investors are accessing opportunities once

restricted. Private markets are restructuring. Hedge funds

are operating with greater precision. Data is establishing

itself as foundational to trust in trade. Healthcare is being

reimagined. Artificial intelligence is embedding across finance

while security demands intensify.

This month’s cover story features the 50 Most Influential

Business Women of the UAE – leaders across healthcare,

technology, energy, real estate, and innovation. Their decisions

shape markets. Their ventures influence capital allocation.

Their leadership strengthens the entire business ecosystem.

When businesses are strong across all sectors, financial

systems function more effectively. This is the connection:

robust leadership in healthcare, technology, and innovation

creates the conditions for stable, growing markets. Leadership

isn’t confined to finance. It emerges wherever vision meets

execution.

The UAE demonstrates this principle clearly. Diverse

leadership across sectors. Diverse sources of growth.

Interconnected strength. The economy doesn’t operate in

silos, finance responds to what’s being built everywhere else.

What we’re observing in this edition is straightforward.

Capital moving toward opportunity. Infrastructure being built

with intention. Systems being strengthened from multiple

directions. Markets responding to genuine economic activity,

not speculation or trend-chasing.

feedback@mcfillmedia.com

FEEDBACK & SUGGESTIONS

+971 55 889 5917,

feedback@mcfillmedia.com

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Ambrish Agarwal, Editor in Chief

Ambrish Agarwal, Editor in Chief

Published by and © McFill Media & Publishing Group FZE LLC

Published by and © McFill Media & Publishing Group FZE LLC

May 2026 www.thefinanceworld.com 5


Contents May

2026

COVER STORY

INFOGRAPHIC

P18 | Halo Trade

Why Investors Are Shifting Away from Tech

INTERVIEW

P26 | 50 Most Influential Business Women 2026

Recognizing the women leaders redefining industries, driving

innovation, and shaping the UAE’s future economy.

REAL ESTATE

P10 | Property’s New Pace: Fast Sales Reshaping Buyer

Behavior In The UAE

Rapid Sales and Rising Supply are Reshaping Buyer Strategy Across the

UAE Real Estate Market

P24 | Future of Payments & Cross-

Border Transactions

An insight into how digital innovation and evolving

financial infrastructure are transforming global

payments and cross-border transactions.

6 www.thefinanceworld.com May 2026


WHEELS

FINANCE

P86

| GENESIS G90 WINGBACK CONCEPT

A New Era Of Automotive Luxury

TRADE

P88 | Finance In Transition: Key Trends

That Could Shape Global Markets In

2026

Emerging Financial Trends and Digital Innovation

are Reshaping Global Markets and Investment

Strategies for 2026

TRAVEL

P68 | Why Data Is Becoming the New Currency Of Trust In

Global Trade

Data is Becoming the Invisible Collateral, Strengthening Trust and

Transparency in Global Trade

P92 | Tourism-Driven Real Estate: How

Visitor Demand Is Reshaping Property

Markets

Tourism Demand is Reshaping Real Estate Markets

and Creating New Investment Opportunities in the

UAE

May 2026 www.thefinanceworld.com 7


GROW YOUR

BUSINESS

We make Short / Long Term

Investments in Growing Businesses

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Real Estate

Source: Ai generated

Dubai’s skyline highlights a fast-moving property market driven by demand, data, and evolving supply trends.

Property’s New Pace:

Fast Sales Reshaping

Buyer Behavior In The

UAE

Rapid Sales and Rising Supply are Reshaping

Buyer Strategy Across the UAE Real Estate

Market

The UAE real estate market continues to

operate at high velocity, but the dynamics

shaping buyer behavior are becoming

more sophisticated. While prime property

launches still sell out within hours,

investors are no longer driven by speed

alone. Rising supply pipelines, data accessibility,

and market maturity are shifting

decision-making toward a more selective

and strategic approach. Strong population

growth, sustained foreign investment,

and digital transaction platforms continue

to fuel activity across Dubai and Abu

Dhabi. However, the market is evolving

beyond momentum-driven transactions,

with buyers placing greater emphasis on

asset quality, developer credibility, and

long-term value in an increasingly competitive

landscape.

10 www.thefinanceworld.com May 2026


The UAE real estate market has

entered a phase where transaction

speed remains high, but

outcomes are shaped by selectivity,

data, and supply dynamics. While rapid

sell-outs define prime developments,

the broader market is becoming more

segmented and disciplined, reflecting

both sector maturity and evolving

investor expectations.

Dubai recorded more than 270,000

real estate transactions in 2025, reinforcing

its position as one of the

most active global property markets.

Entering 2026, momentum remains

strong, supported by population growth,

international investment, and economic

expansion. However, demand is becoming

more targeted, and absorption rates

are beginning to vary across segments.

A Market Where Speed Meets

Selectivity

Rapid sales cycles remain a defining

feature, particularly in waterfront

developments, branded residences,

and master-planned communities.

Off-plan properties dominate volumes

due to flexible payment plans and early

pricing advantages.

Developers continue to drive urgency

through phased releases, priority booking,

and controlled inventory strategies.

However, speed is no longer uniform.

While premium developments sell out

within hours, mid-market inventory in

some locations is experiencing longer

cycles. This reflects a shift toward selective

capital deployment, with buyers

prioritizing quality over quantity.

Digital platforms have accelerated execution,

allowing real-time reservations

globally. However, decision-making has

become more analytical, supported by

data and market insights.

Demand Remains Strong, but More

Targeted

The UAE benefits from strong structural

drivers, including population growth,

diversification, and foreign investment.

Dubai’s population has surpassed four

million, reinforcing long-term housing

demand. Government initiatives, including

long-term residency programs,

continue attracting global investors.

Demand is increasingly concentrated

in high-quality assets. The luxury

segment remains strong, driven by

high-net-worth investors, while villas

and townhouses see sustained demand

Real estate projects need

to adjust their pace to

provide added value to

our national economy and

avoid becoming a source

of burden or imbalance to

our economic journey.”

His Highness Sheikh Mohammed bin

Rashid Al Maktoum, Vice President and

Prime Minister of the UAE, Ruler of Dubai

from end-users.

Other segments are stabilizing. Price

growth remains positive but is moderating

in some areas as supply increases,

signaling a shift toward more sustainable,

fundamentals-driven conditions.

Buyer Behavior is Becoming More

Sophisticated

Buyer behavior has evolved significantly.

Speed is no longer driven solely by

urgency but by access to real-time data,

insights, and developer performance

metrics.

Investors now prioritize developer

track record, delivery timelines, micro-location

fundamentals, and rental

yields. Pre-launch strategies remain

relevant, but buyers are more selective,

focusing on projects offering clear

differentiation and long-term value.

End-user participation is also rising,

with residents transitioning from

renting to ownership due to improved

financing and increased confidence.

This is creating a more balanced demand

profile.

Supply Pipelines are Reshaping

Market Dynamics

Upcoming supply is a defining factor in

the current cycle. A significant volume

of residential units is scheduled for

delivery, particularly in Dubai, influencing

sentiment and pricing.

Investors are becoming more cautious

in areas with high future supply,

increasing the importance of micro-market

analysis. While off-plan launches

continue to support short-term pricing,

competition is expected to intensify as

projects are completed, especially in

mid-market segments.

Developers are responding through

product differentiation, focusing on

integrated communities, lifestyle amenities,

and mixed-use developments to

enhance long-term value.

Balancing Opportunity with

Discipline

The market continues to offer strong

opportunities, but risks are more nuanced.

Investors must balance speed

with informed decision-making.

Key risks include oversupplied locations,

inexperienced developers,

and overestimating short-term price

growth. At the same time, stronger

regulations, escrow protections, and

improved transparency are enhancing

stability and investor confidence.

The Future Scenario

The sector is expected to maintain

positive momentum, supported

by economic fundamentals and

population growth. However, future

expansion will be defined by differentiation

rather than uniform growth.

Prime assets are likely to outperform,

while less competitive projects may face

longer sales cycles and pricing pressure.

Developers will need more strategic

supply management and positioning.

For investors, success will depend

on combining speed with insight,

using data-driven analysis to navigate

an increasingly competitive market.

The UAE real estate market is no

longer defined solely by rapid sales,

but by a balance between speed and

strategy. Strong demand and digital

innovation continue to drive activity,

while rising supply reshapes buyer

behavior across different segments.

As the market matures, the focus is

shifting toward quality, differentiation,

and long-term value.

May 2026 www.thefinanceworld.com 11


Real Estate News

Dubai Records AED 32.2B Rental Contracts in Q1 2026

Dubai’s rental market recorded

a stable performance in the

first quarter of 2026, supported

by regulatory strength and resilient

economic fundamentals. Moreover,

the market continued to show steady

activity within an environment that

adapts efficiently and reinforces investor

confidence. The performance reflects

continued policy focus on strengthening

economic resilience and supporting

sustainable growth. Additionally, the

market maintained balanced momentum

while reinforcing Dubai’s ability

to sustain stable economic expansion.

According to Dubai Land Department

data, the total value of rental contracts

reached AED32.2bn in Q1 2026. Furthermore,

the results reflected sustained

activity supported by clear legislation

and an integrated regulatory framework

governing market relationships.

Sharjah Real Estate

Rises 40.7% to AED

18.5B in Q1

Sharjah’s real estate sector recorded

strong growth in the first quarter

of 2026, with higher trading value

and transaction volumes despite regional

challenges. Moreover, the performance

reflected continued resilience and rising

investor confidence. Total real estate

trading value reached AED18.5bn,

compared to AED13.2bn in the same

period of 2025. As a result, the sector

posted growth of 40.7%. According to

the Sharjah Real Estate Registration

Department, total real estate transactions

rose to 29,235 during the quarter.

Additionally, this represented an 18.9%

increase compared to the previous

year. Abdulaziz Ahmed Al Shamsi,

Director-General of the Sharjah Real

Estate Registration Department, said

the market continues to expand at

an accelerated pace despite current

conditions.

UAE Real Estate Sector Sees Major Projects and

Strong March Sales

The UAE real estate market maintained

strong momentum in

March 2026, supported by steady

project launches and uninterrupted construction

activity across key emirates.

Moreover, rising sales and continued

development progress reinforced the

country’s position as a reliable longterm

investment destination. Dubai

recorded strong activity across both

residential and commercial segments.

Additionally, the market registered

Abu Dhabi-listed Investcorp Capital

has deployed $200 million

into US residential real estate,

reinforcing its strategy to capitalise

on demand across senior living and

multifamily housing segments. The

portfolio includes a multifamily asset in

New Jersey alongside two senior housing

properties in California and New

York, reflecting a targeted approach

to high-demand locations. This aligns

with the focus on demographic-driven

opportunities, particularly the growing

need for senior accommodation. It

also marks a selective expansion into

multifamily assets as market conditions

stabilize following recent valuation

adjustments. The move underscores

Investcorp Capital’s broader ambition

to scale its presence in resilient real

estate sectors while pursuing long-term

record real estate sales, including a

luxury apartment transaction worth

AED422 million, ranking as the third

most expensive apartment sale in the

emirate’s history. Several developers

announced new launches during the

month. Emaar Properties unveiled

Golf Valley within Emaar South, comprising

262 housing units. Meanwhile,

National Properties launched a new

commercial tower in Barsha Heights

valued at AED500 million.

Investcorp Capital Commits $200M to U.S.

Residential Property Market

value creation through carefully chosen

assets in key US markets.

12 www.thefinanceworld.com May 2026


Arabian Acres AED 400M Deal Signals Strong Investor Trust

Arabian Acres’ AED 400 million

land assembly highlights sustained

investor confidence in

the UAE’s real estate sector, even as

global geopolitical tensions continue

to weigh on international markets. The

move reflects a strategic push to secure

prime land assets at a time when

demand fundamentals in the UAE remain

resilient, supported by population

growth, investor-friendly policies, and

SkyHills Residences

1 Secures Premier

Achievement Medal

for Real Estate 2026

SkyHills Residences 1 has been

awarded the Premier Achievement

Medal for Real Estate 2026,

recognizing its excellence in design,

construction quality, and project execution.

The development stands out

for its modern architectural approach,

premium amenities, and focus on

delivering a high-quality residential

experience aligned with market expectations.

The recognition reflects the

project’s commitment to innovation,

sustainability, and customer-centric

development, positioning it as a notable

addition to the UAE’s competitive

real estate landscape. It also highlights

the growing emphasis on delivering

integrated living environments that

combine functionality, aesthetics, and

long-term value. As demand for wellplanned

residential communities continues

to rise, the accolade reinforces

investor and buyer confidence, further

strengthening the project’s market

positioning and underlining the UAE’s

reputation for delivering world-class

real estate developments.

robust economic diversification. The

transaction signals a broader trend of

institutional and private investors consolidating

land positions to capitalize

on future development opportunities,

reinforcing the UAE’s standing as a

stable and attractive destination for

real estate investment in an increasingly

volatile global environment , with strong

long-term growth, stability outlook, and

sustained investor confidence.

Qatar Forum Highlights Push to Strengthen Market

A

recent industry forum has underscored

Qatar’s efforts to advance

its real estate brokerage market

through stronger regulation, improved

transparency, and higher professional

standards. Stakeholders emphasized the

importance of aligning local practices with

international benchmarks to enhance

credibility and attract global investors.

Discussions also pointed to upcoming

initiatives focused on recognizing top-performing

brokers and elevating service

quality across the sector. The move reflects

a broader strategy to modernize Qatar’s

real estate ecosystem while ensuring

sustainable growth and operational

efficiency. As the country continues to

implement investor-friendly reforms

and strengthen regulatory frameworks,

a more structured brokerage landscape

is expected to boost market confidence,

streamline transactions, and support

long-term stability, reinforcing Qatar’s

Aldar and Mubadala have completed

the acquisition of The Link at

Masdar City through their joint

venture, in a deal valued at AED 654

million, reinforcing their strategy to

scale high-quality, income-generating

assets. The mixed-use development spans

around 32,000 square metres across five

buildings and is leased to prominent

tenants, including Masdar and the Mohamed

bin Zayed University of Artificial

Intelligence. The asset features Grade A

LEED Platinum office space, a net-zero

energy headquarters, and integrated facilities,

aligning with sustainability and

innovation goals. The transaction reflects

strong institutional confidence in Abu

position as an increasingly competitive

real estate destination in the region.

Aldar-Mubadala JV Acquires The Link at Masdar

City in AED 654M Deal

Dhabi’s economic fundamentals and its

growing role as a hub for clean energy and

technology. It also strengthens Masdar

City’s positioning as a leading destination

for sustainable urban development and

future-focused industries.

May 2026 www.thefinanceworld.com 13


Finance

Source: Ai generated

Digital tokens pegged to fiat currencies are reshaping cross-border payments and financial transactions worldwide.

Stablecoins Gain

Momentum In The

Global Financial

System

Stablecoins are Emerging as Key Instruments

Supporting Faster Payments and Greater

Efficiency in Global Digital Finance

Stablecoins are gaining increasing prominence

within the global financial system as

digital assets that combine the efficiency

of blockchain technology with the stability

of traditional currencies. Pegged

to fiat currencies such as the US dollar,

stablecoins are designed to minimize

volatility while enabling faster and more

efficient transactions. Their growing use in

cross-border payments, digital trading, and

decentralized finance platforms reflects

the broader shift toward digital financial

infrastructure. As financial institutions,

technology firms, and regulators explore

the potential of blockchain-based payment

systems, stablecoins are emerging as a

critical bridge between conventional banking

frameworks and the rapidly evolving

world of digital finance.

14 www.thefinanceworld.com May 2026


Stablecoins have emerged as one of

the most significant developments

in the evolving digital finance

landscape. Designed to maintain a

stable value by being pegged to traditional

currencies or other assets, these

digital tokens are increasingly being

adopted as reliable instruments for

payments, trading, and cross-border

transactions. Unlike highly volatile

cryptocurrencies, stablecoins aim to

combine the efficiency of blockchain

technology with the stability of traditional

financial systems. As digital

assets continue to gain acceptance

worldwide, stablecoins are playing a

crucial role in bridging the gap between

conventional finance and decentralized

financial ecosystems.

Understanding the Role of

Stablecoins

Stablecoins are digital currencies typically

pegged to fiat currencies such as

the US dollar or euro, allowing them

to maintain relatively stable prices

compared with other cryptocurrencies.

This stability makes them particularly

useful for payments, remittances, and

financial transactions that require

predictable value.

Most stablecoins operate on blockchain

networks, enabling faster and

more transparent transactions than

traditional banking systems. Users can

transfer funds across borders within

minutes while avoiding the lengthy

processing times often associated with

international bank transfers.

There are several types of stablecoins

currently in circulation. Some

are backed by fiat reserves held in

financial institutions, while others

rely on cryptocurrency collateral or

algorithmic mechanisms designed to

stabilize their value. Regardless of their

structure, the core objective remains

the same: reducing volatility while

enabling efficient digital transactions.

Driving Growth in Digital Payments

One of the main drivers behind the rise

of stablecoins is the growing demand for

faster and more cost-effective payment

systems. Businesses operating across

borders often face challenges related

to currency conversion, settlement

delays, and transaction fees.

Stablecoins offer a potential solution

to these issues by allowing payments

to be settled almost instantly on

blockchain networks. This capability is

particularly valuable for international

trade, remittances, and e-commerce

transactions where speed and efficiency

are critical.

Financial institutions and fintech

companies are increasingly exploring

stablecoin-based payment systems to

streamline operations and reduce transaction

costs. In many cases, stablecoins

serve as a bridge between traditional

banking infrastructure and emerging

blockchain-based financial platforms.

As digital commerce expands globally,

the role of stablecoins in facilitating

efficient payments is expected to grow

further.

Integration with Decentralized

Finance

Stablecoins also play a central role in decentralized

finance ecosystems. These

platforms use blockchain technology to

offer financial services such as lending,

borrowing, and asset trading without

relying on traditional intermediaries.

Within these systems, stablecoins

Digital currencies and

blockchain-based

innovations have the

potential to enhance the

efficiency, transparency,

and resilience of global

financial systems.”

H.E. Khaled Mohamed Balama, Governor,

Central Bank of the United Arab Emirates

function as the primary medium of

exchange because they provide predictable

value while operating on

decentralized networks. Traders and

investors often use stablecoins to move

funds between digital assets without

converting them back into fiat currency.

This functionality has made stablecoins

essential components of the

broader digital asset economy. They

provide liquidity to decentralized platforms

while enabling users to manage

financial transactions more efficiently.

However, the rapid expansion of

decentralized finance has also raised

questions regarding regulation and risk

management, prompting governments

and financial authorities to explore

new regulatory frameworks.

Increasing Regulatory Attention

As stablecoins gain popularity, regulators

around the world are paying

closer attention to their potential impact

on financial systems. Authorities

recognise that while stablecoins offer

significant technological advantages,

they also present challenges related to

consumer protection, financial stability,

and regulatory oversight.

Central banks and financial regulators

are working to establish frameworks

that ensure transparency in reserve

management and operational stability.

Clear regulations are expected to play

an important role in fostering trust

and encouraging wider adoption of

stablecoins within mainstream financial

markets.

Some governments are also exploring

the development of central bank

digital currencies as complementary

digital payment systems. While these

initiatives differ from privately issued

stablecoins, both innovations reflect the

broader shift toward digital financial

infrastructure.

Expanding Role in Global Finance

Stablecoins are increasingly integrating

into the global financial ecosystem,

expanding beyond cryptocurrency

trading to improve settlement efficiency

and support cross-border transactions,

supply chain finance, and treasury management

across diverse industries and

markets worldwide, while enhancing

liquidity, reducing transaction costs,

and enabling faster, more transparent

financial operations for businesses and

institutions.

May 2026 www.thefinanceworld.com 15


Business News

Dubai RTA Initiates Study for 55km Airport Express Metro Line

Dubai’s Roads and Transport Authority

(RTA) has launched a tender

process to appoint consultants for

the study and design of a proposed 55km

Airport Express metro line connecting

Dubai International Airport (DXB) and

Al Maktoum International Airport. The

project is expected to feature around

five stations and offer integrated passenger

services such as remote check-in,

Dubai Launches

$136M Al Mamzar

Beach Project

Dubai has unveiled a $136 million

(AED 500 million) redevelopment

of Al Mamzar Beach, aimed at

enhancing its coastal tourism offering

and accommodating up to seven million

visitors annually. The project is set

to deliver a substantial 500% increase

in service capacity, supported by

advanced technologies, including artificial

intelligence, to improve operations and

visitor experience. Spanning a vast

beachfront area, the development will

feature around 35 leisure and service

facilities alongside more than 65 new

investment opportunities. The initiative

forms part of Dubai’s broader strategy

to upgrade public beaches and expand

tourism infrastructure. By combining

smart systems with modern amenities, the

project reinforces the emirate’s ambition

to position itself as a leading global coastal

destination while supporting long-term

urban and economic growth.

baggage handling, and security screening

to enhance travel efficiency. The planned

route will begin at the Red Line station at

DXB, pass through key areas including Al

Jaddaf and Jumeirah Village Circle, and

extend towards Dubai South. Additional

spur lines are also under consideration.

The initiative reflects Dubai’s broader

strategy to expand its metro network

and improve mobility infrastructure.

DIFC Set To Become World’s First AI-Native

Financial Center

Dubai International Financial Centre

(DIFC) has announced plans to

transform into the world’s first

AI-native financial center, embedding

artificial intelligence at the core of

its legal, regulatory, and operational

frameworks. The initiative will integrate

AI across financial services, talent

development, enterprise systems, and

physical infrastructure, moving to

full-scale implementation. This shift is

expected to generate approximately USD

3.5B (AED 12.9B) in economic value while

creating around 25,000 jobs. DIFC also

aims to establish advanced governance

models to regulate both human and AIdriven

activities. By combining technology,

regulation, and ecosystem development,

the center is positioning itself as a leading

hub for AI-driven finance, reinforcing

Dubai’s ambition to shape the future of

global financial services.

Dubai Financial Market Reports 43% Rise in Q1

2026 Net Profit

Dubai Financial Market (DFM)

reported a strong start to 2026,

underpinned by robust trading

activity, improved liquidity, and rising

investor participation. Consolidated

revenues for the first quarter increased

to AED 253.1 million, compared with

AED 186.5 million in the same period last

year. This performance was supported by

AED 171.9 million in operating income

and AED 81.2 million generated from

investment returns and other income

streams. Net profit before tax climbed

to AED 193.3 million, up from AED 134.9

million in Q1 2025, while total expenses

rose moderately to AED 59.8 million.

Trading momentum remained strong,

with average daily traded value surging

56 percent to AED 1.03 billion. Total

trading value also grew 48 percent to

AED 61 billion. The exchange attracted

20,702 new investors, with a notable

share coming from international markets,

reflecting confidence in Dubai.

16 www.thefinanceworld.com May 2026


Abu Dhabi to Invest $43.6bn as Clean Energy Share Surpasses 45%

Abu Dhabi has committed nearly

AED 160 billion (USD 43.6B) in

investments over the next five

years to accelerate its energy transition,

as clean and renewable sources

now account for more than 45% of its

overall energy mix. The initiative aims

to further raise this share to 60% while

supporting the emirate’s Net Zero 2050

objectives. The investment will focus

on expanding renewable capacity, enhancing

infrastructure, and deploying

PureHealth Reports $19.9B

Revenue and $113M Net

Profit

PureHealth announced its latest

financial results, reporting revenue

of approximately $19.9 billion

alongside a net profit of $113 million.

The performance reflects continued

expansion across its healthcare and

insurance segments, supported by

rising patient volumes and broader

service offerings. Growth was driven

by strong operational execution and

increasing demand for integrated

healthcare solutions across its network.

The group’s diversified model, spanning

hospitals, diagnostics, procurement,

and insurance, continues to strengthen

its market position while supporting

steady revenue generation. Strategic

investments and international expansion

initiatives also contributed to

overall performance, reinforcing its

long-term growth trajectory. Despite

cost pressures and ongoing investments

in infrastructure and technology,

PureHealth maintained profitability,

underlining resilience in a competitive

healthcare landscape.

advanced technologies to improve

efficiency and sustainability across the

energy sector. Authorities are prioritizing

a balanced approach that ensures

energy security while reducing carbon

emissions and supporting long-term

economic growth. This strategic push

underscores Abu Dhabi’s commitment

to leading the regional energy transition

and delivering measurable environmental

outcomes through large-scale,

future-focused investments.

Tamatem Acquires Turkey’s Playable Factory to

Expand Ad Tech Capabilities

Middle East gaming platform

Tamatem has acquired Playable

Factory to strengthen its

advertising technology capabilities.

The Istanbul-founded company specialises

in interactive “playable ads” that

improve user acquisition and engagement,

delivering over 90,000 ads and

30 billion impressions globally. This

also supports its ambition to expand

while offering more data-driven and

personalised gaming experiences.

EGA to Acquire Majority Stake in Italy’s Eco

Green Recycling Firm

Emirates Global Aluminium (EGA)

has announced plans to acquire

an 80% stake in Italy-based Eco

Green, marking a significant step in

expanding its global recycling footprint

and strengthening its presence

in Europe. The acquisition, subject

to regulatory approvals, will enhance

EGA’s capabilities in aluminium scrap

processing, including collection, sorting,

casting, and dross treatment. Eco

Green currently processes over 70,000

tonnes of material annually and serves

a wide network of industrial customers

across Europe. The company is also

undertaking an expansion project that

will add further recycling capacity by

the second half of 2026. The move

aligns with EGA’s broader strategy to

scale its recycling operations worldwide,

positioning the company to

meet rising demand for sustainable

aluminium while advancing circular

economy objectives.

May 2026 www.thefinanceworld.com 17


Infographic

Why Investors Are Shifting

Away from Tech

What Is the HALO Trade?

The HALO trade, short for Heavy Assets, Low Obsolescence, is an investment strategy that prioritises companies with

tangible assets and resilient demand. This approach typically targets sectors that provide essential goods or services

and are less prone to rapid technological disruption.

Common HALO sectors: Energy, Materials, Staples.

Why It’s Gaining Momentum

Tech volatility:

Rapid innovation and high obsolescence

make technology stocks inherently riskier.

Economic uncertainty:

Investors are seeking stability amid inflation

pressures and market swings.

Tangible value:

Physical assets like energy plants, mines,

or essential consumer goods withstand

disruption and maintain value.

18 www.thefinanceworld.com May 2026


Key Benefits of HALO Investing

Lower risk:

Companies with heavy assets are less

exposed to rapid market changes.

Steady returns:

Dividend-paying, cash-rich firms dominate

these sectors.

Portfolio diversification:

HALO investments balance high-growth,

high-risk tech holdings with more resilient

sectors.

Sector Performance & Rotation Trends

Energy vs Tech Performance (2026)

Energy has been the best-performing

sector in the S&P 500, with over 20%

YTD gains, while technology stocks are

down roughly 4%.

This highlights a clear rotation from tech

to asset-heavy, low-obsolescence sectors.

Outperformance of Old-Economy

Sectors

Since October 2025, Industrials, Materials,

and Energy have outpaced tech by

20–32% on a trailing basis, signalling a

shift toward tangible, real-economy investments.

Leading Returns in 2026 (3-Month

Snapshot)

Industrials ↑ 21.9%

Materials ↑ 25.7%

Tech ↓ 1.97%

Small-cap ↑ 5.57%

Large-cap ↑ 0.56%

Insight:

Investors are increasingly allocating capital to sectors with real, physical assets as tech valuations face compression.

Sector

Energy

Materials

Industrials

Technology

Small Cap

Large Cap

2026 YTD Return

+20%

+25.7% (3-mo)

+21.9% (3-mo)

-4%

+5.57%

+0.56%

Notes

Top-performing sector

Boosted by global resource demand

Strong real-economy growth

Lagging due to high volatility

Outpacing large-cap stocks

Concentrated in tech

HALO-Friendly Sector Highlights

Sector

Energy

Materials

Staples

Why It’s HALO-Friendly

Long-lived infrastructure, essential

demand

Essential resources, limited obsolescence

Consistent consumer demand,

inflation-resistant

Example Companies

ExxonMobil, Saudi Aramco

Rio Tinto, Vale

Nestlé, Procter & Gamble

May 2026 www.thefinanceworld.com 19


Digital Assets

Source: Ai generated

AI-powered cybersecurity systems help organizations in the UAE detect and respond to evolving digital threats.

Artificial Intelligence

And The Escalating

Global Cyber Crisis

Artificial Intelligence is Strengthening

Cybersecurity and Protecting Critical Digital

Infrastructure Across the UAE

Artificial intelligence is reshaping the

global cybersecurity landscape, and

the United Arab Emirates is actively

strengthening its digital defenses to

address emerging risks. As the country

accelerates digital transformation across

sectors such as finance, government services,

healthcare, and energy, protecting

critical digital infrastructure has become

increasingly important. Cyber threats are

growing more sophisticated, often using

advanced technologies to exploit vulnerabilities

in connected systems. In response,

organizations in the UAE are integrating

artificial intelligence into cybersecurity

frameworks to detect threats, analyze

large volumes of data, and respond to

incidents more efficiently. These efforts

reflect the countries resilience.

20 www.thefinanceworld.com May 2026


Artificial intelligence is rapidly

transforming the global cybersecurity

landscape, and the United

Arab Emirates is at the forefront of

efforts to harness this technology to

protect digital infrastructure. As the

UAE accelerates its digital transformation

across sectors such as finance,

government services, healthcare, and

energy, cybersecurity has become a

strategic national priority. Artificial

intelligence is increasingly being deployed

to detect cyber threats, monitor

networks, and respond to attacks in real

time. At the same time, cybercriminals

are also using advanced technologies

to launch more complex and targeted

attacks. This evolving environment is

pushing governments and businesses in

the UAE to strengthen cyber resilience

and invest in advanced digital security

frameworks.

The Growing Importance of Cybersecurity

in the UAE

The UAE has rapidly developed into

one of the most digitally connected

Strengthening

cybersecurity capabilities

is essential to protecting

digital infrastructure

and supporting the UAE’s

growing digital economy.”

H.E. Dr. Mohamed Al Kuwaiti, Head of

Cybersecurity, UAE Government Cyber

Security Council

economies in the Middle East. Government

services, financial systems,

and critical infrastructure increasingly

rely on advanced digital platforms,

cloud computing, and interconnected

technologies.

This high level of connectivity has

delivered significant economic benefits,

but it has also expanded the

potential exposure to cyber threats.

Organizations operating in sectors

such as banking, aviation, logistics,

and energy are now prime targets for

cybercriminals seeking financial gain

or strategic disruption.

Recognising these risks, the UAE

government has placed cybersecurity at

the center of its national digital strategy.

Strong regulatory frameworks and

specialized cybersecurity authorities

have been established to safeguard

the country’s digital infrastructure and

maintain trust in its rapidly evolving

technology ecosystem.

Artificial Intelligence Strengthening

Cyber Defense

Artificial intelligence is playing a vital

role in strengthening the UAE’s cybersecurity

capabilities. AI-powered

systems are capable of analyzing massive

volumes of network data in real

time, identifying unusual patterns and

detecting potential threats before they

escalate into major incidents.

Unlike traditional cybersecurity systems

that rely on static rules, AI-driven

platforms continuously learn from new

data and adapt to emerging threats.

This allows organizations to respond to

cyber risks more quickly and effectively.

Financial institutions, government

entities, and technology companies

across the UAE are increasingly integrating

AI-based threat detection tools

into their cybersecurity operations.

These technologies help security teams

identify vulnerabilities, monitor network

activity and automate responses

to suspicious behavior.

As cyber threats grow more sophisticated,

the ability of artificial intelligence

to analyze complex datasets

and identify anomalies has become

an essential component of modern

cybersecurity strategies.

Rising Sophistication of Cyber

Threats

While artificial intelligence offers

powerful defensive capabilities, it is

also being used by cybercriminals to

enhance their attacks. AI-driven tools

can generate convincing phishing messages,

automate hacking attempts, and

scan digital networks for vulnerabilities

at unprecedented speed.

This growing sophistication presents

new challenges for organizations in the

UAE, particularly those operating in

highly digital sectors such as fintech,

smart infrastructure, and digital government

services.

Ransomware attacks and data breaches

remain among the most significant

cyber threats globally. These attacks

can disrupt operations, compromise

sensitive information, and cause significant

financial damage.

To counter these risks, companies

are increasingly investing in advanced

cybersecurity systems, employee training

programs, and incident response

strategies designed to strengthen

organizational resilience.

National Cybersecurity Initiatives

The UAE government has taken a proactive

approach to strengthening cybersecurity

through national initiatives

and strategic investments. Institutions

responsible for digital security work

closely with both public and private

sector organizations to monitor threats

and coordinate responses to cyber

incidents.

The country has also introduced

regulatory frameworks and cybersecurity

standards designed to ensure

that organizations implement robust

security measures when managing

digital systems and sensitive data.

In addition to domestic initiatives,

the UAE is actively participating in

international cybersecurity collaborations

aimed at improving global

cyber resilience. Information sharing

and cooperation between governments

and technology companies are becoming

increasingly important as cyber

threats often originate across multiple

jurisdictions.

These efforts are helping position

the UAE as a regional leader in cybersecurity

governance and digital risk

management.

Overall, the UAE’s proactive approach

to cybersecurity, combined with the

adoption of artificial intelligence, is

helping create a more secure and resilient

digital environment that supports

continued innovation and growth.

May 2026 www.thefinanceworld.com 21


Banking News

UAE Banking Assets Climb to AED 5.47T as Trade Activity Crosses AED 6T

The UAE’s banking sector continued

its upward trajectory, with total

assets reaching AED5.4725tn by

the end of February 2026, underpinned

by steady growth in both lending and

deposits. Gross credit expanded to

AED2.6306tn, driven largely by increased

borrowing from the private sector,

while deposits rose to approximately

AED3.4tn, highlighting strong liquidity

buffers. This expansion reflects a resilient

financial environment supported

by effective regulatory oversight and

economic diversification efforts. The

nation’s external trade performance

remained robust, with total trade

hitting AED6tn in 2025, marking a 15

per cent year-on-year increase. Services

trade surpassed AED1.14tn for the first

time, and non-oil foreign trade climbed

significantly to AED3.8tn, reinforcing

economic diversification.

UAE Banks Introduce

Relief Measures to

Support Residents

Banks across the UAE are introducing

a range of relief measures

to help residents manage

increasing cost pressures, offering

options such as loan deferrals, fee

waivers, and zero-interest payment

plans. These initiatives are designed to

ease short-term financial strain while

expanding access to support across

housing, healthcare, and everyday

expenses. Lenders are also adopting

more flexible financing structures,

including temporary payment relief and

instalment-based solutions. This reflects

a broader move towards integrated

financial services, where credit is embedded

within consumer transactions.

These steps come as banks respond to

tighter household budgets and evolving

economic conditions, while aiming to

sustain activity in key sectors such as

real estate and healthcare. Although

terms and eligibility vary, the growing

range of options provides residents

with greater financial flexibility and

improved access to funding.

CBUAE Strengthens Anti-Money Laundering

Rules to Boost Framework

The Central Bank of the UAE has

rolled out updated anti-money

laundering and counter-terrorism

financing guidance to strengthen

regulatory oversight and align with

international compliance benchmarks.

This framework offers clearer direction

to banks, exchange houses, and hawala

providers on identifying suspicious

transactions, assessing emerging risks,

and enhancing internal monitoring

systems. It places a stronger focus on

Qatar’s banking sector recorded

steady expansion, with total

assets rising to approximately

$596.9B in February 2026. This

highlights sustained lending activity,

stronger deposit inflows, and improved

liquidity conditions. Growth has been

supported by resilient domestic economic

performance, alongside ongoing

infrastructure investment and

customer due diligence, trade-based

money laundering, and cross-border

financial flows, ensuring institutions

gain deeper visibility into the source

and movement of funds. The guidance

also addresses risks linked to proliferation

financing and correspondent

banking relationships, areas increasingly

scrutinised at a global level. These

measures support the UAE’s national

strategy to combat financial crime

while reinforcing transparency.

Qatar Banks’ Total Assets Reach $596.9B in

February 2026

diversification efforts. Banks have

also benefited from stable funding

bases and prudent risk management

practices, enabling them to navigate

shifting global financial conditions.

Overall, the upward trajectory in total

assets reinforces confidence in Qatar’s

banking system and its capacity to

underpin long-term economic stability

and financial sector resilience.

22 www.thefinanceworld.com May 2026



Interview

MANOJ SUREKA

CEO & Managing Partner,

Synergy Fin. Consulting

24 www.thefinanceworld.com May 2026


Future of Payments &

Cross-Border Transactions

As global financial systems continue to shift toward digital-first, real-time, and highly interconnected commerce, the future

of payments and cross-border transactions has emerged as a strategic priority for banks, fintech innovators, and regulators

navigating a rapidly transforming financial landscape. To explore the opportunities and long-term implications of this evolution,

Finance World spoke with Manoj Sureka, CEO & Managing Partner of Synergy Fin. Consulting.

His firm, Synergy Fin. Consulting offers fundraising advisory, M&A, and joint venture support for SMEs and corporates, connecting

clients with banks, financial institutions, and investors.

Exclusive Interview

Q: How is the future of payments

evolving globally?

The future of payments is moving toward

real-time, invisible, and highly automated

financial ecosystems where transactions

happen seamlessly within commerce

and digital platforms. The industry is

shifting from card-based payments

to account-to-account and embedded

payment models supported by artificial

intelligence, cloud infrastructure, and

advanced security protocols. Global

payment messaging and settlement infrastructure

is also modernizing through

organizations such as SWIFT, which is

working on faster cross-border transaction

rails to reduce settlement delays and

improve transparency.

Q: What will drive cross-border transaction

growth?

Cross-border transaction growth will

primarily be driven by globalization of

trade, expansion of digital commerce,

and increasing demand for faster remittance

solutions. Regulatory cooperation

between countries will also play a major

role in reducing compliance friction. In

the Middle East, institutions like the Central

Bank of the United Arab Emirates

are actively supporting digital financial

infrastructure development, which will

help position the region as a key hub for

global payment flows.

Q: How will digital currencies impact

cross-border payments?

Digital currencies, particularly central

bank digital currencies, could transform

international settlement by reducing reli-

ance on correspondent banking networks

and lowering transaction costs. They could

also improve transparency and speed of

settlement cycles. However, challenges

such as cybersecurity, interoperability

between systems, and regulatory standardisation

will need to be addressed before

mass adoption becomes fully practical

across global corridors.

Q: What are the main risks in future

payment ecosystems?

The biggest risks will centre around

cybersecurity threats, regulatory fragmentation,

financial fraud, and geopolitical

pressures that may disrupt global payment

corridors. As cross-border transactions

become more digitized, financial institutions

will need to invest heavily in secure

architecture, real-time fraud monitoring

powered by AI, and compliance intelligence

systems to manage risk exposure.

Q: How will customer expectations

change?

Customers will increasingly expect instant

cross-border transfers, full visibility

into foreign exchange costs, and seamless

mobile-first payment experiences.

Payments will become largely invisible,

embedded directly into e-commerce and

business platforms rather than existing

as standalone financial actions.

Q: What is the future outlook for

payments in the Middle East?

The Middle East is emerging as a global

innovation center for digital finance due

to strong government-led digital transformation

strategies, strong trade activity,

and high remittance demand. Regional

initiatives around open banking, digital

identity, and fintech investment will further

accelerate payment modernization

across the region.

Innovation in

payments is no

longer optional;

it is the

foundation of

competitiveness

in global

commerce.”

KEY TAKEAWAYS

Payments are becoming invisible and

embedded

Speed will define competitive advantage

Fintech and banks will drive trust infrastructure

Security will become a core business

priority

May 2026 www.thefinanceworld.com 25


50 Most Influential Business Women 2026

Cover

Story

Women leaders across the UAE are continuing to

reshape industries, influence policy, and drive longterm

economic growth through innovation, strategic

leadership, and vision. From finance and technology to

healthcare, entrepreneurship, real estate, and culture,

these trailblazers are setting new benchmarks for

excellence while redefining the future of leadership

in the region. Beyond corporate success, their impact

is reflected in the ecosystems they are building; championing

inclusivity, empowering future generations,

accelerating innovation, and strengthening the UAE’s

position as a global hub for business and progress.

Through resilience, ambition, and transformative

leadership, these women are not only shaping organizations

but also contributing to a more dynamic

and forward-looking future for the region.

26 www.thefinanceworld.com May 2026


May 2026 www.thefinanceworld.com 27


Afra

AlSuwaidi

CEO

Dubai CSD

Afra AlSuwaidi is the Chief Executive

Officer of Dubai CSD, the central

securities depository and a wholly

owned subsidiary of Dubai Financial

Market. She advances the growth and

operational resilience of the depository

while strengthening its infrastructure and

aligning it with Dubai’s broader capital

market ambitions.

Under her leadership, Dubai CSD has accelerated

digital transformation initiatives

aimed at modernizing post-trade services.

These efforts have contributed to increased

investor registrations and stronger retail

participation. By streamlining onboarding

processes and improving custody and settlement

frameworks, she has positioned

the depository as a key enabler of market

liquidity, transparency, and efficiency.

Advanced digital platforms have further

enhanced operational capability.

In addition to her responsibilities at

Dubai CSD, Afra AlSuwaidi is Head of

Market Operations at Nasdaq Dubai. She

oversees trading, clearing, and depository

functions while ensuring operational

efficiency and adherence to international

best practices.

Her expertise in finance, governance,

and technology-driven transformation

continues to shape Dubai’s capital market

infrastructure.

Highlights

Industry Established In Total Assets

Capital Markets 2000 AED 11.8B

This day is not just about celebrating achievements but about

building pathways for the next generation of women in finance.”

28 www.thefinanceworld.com May 2026


Alia Bint Abdulla

Al Mazrouei

UAE Minister

State for Entrepreneurship

Her Excellency Alia bint Abdulla Al

Mazrouei became the UAE Minister

of State for Entrepreneurship in

July 2024, advancing the UAE as a global

hub for entrepreneurship, innovation, and

advanced technology through strategic

policy frameworks and international

collaboration.

Under her leadership, the UAE has

strengthened its entrepreneurial ecosystem

through progressive legislation, worldclass

infrastructure, streamlined business

procedures, and targeted incentives. She

has shaped AI governance frameworks and

digital innovation strategies that position

the UAE as a leading centre for technology-enabled

economic development. Her

efforts have built knowledge exchange

between global stakeholders, startups,

investors, and policymakers, accelerating

cross-border collaboration.

Her Excellency leads high-level diplomatic

engagements on the international

stage, advancing partnerships in entrepreneurship,

artificial intelligence, and

emerging technologies. During her official

visit to Berlin on the sidelines of GITEX

Europe 2025, she represented the UAE

in strategic discussions with European

leaders to explore collaboration opportunities

in the digital economy, AI, and

green economy sectors.

Entrepreneurship is the bedrock of meaningful and impactful

innovation that supports long-term economic growth.”

May 2026 www.thefinanceworld.com 29


Amina

Al Rustamani

Managing Director, Group COO

AW Rostamani Group (AWR)

Dr. Amina Abdul Wahid Al Rostamani is an Executive

Board Member, Director, and Chief Operating Officer

of AW Rostamani Group. She oversees the group’s

shared corporate services and operations, ensuring efficiency,

governance excellence, and strategic alignment across its

diversified portfolio spanning automotive, real estate, retail,

and other key sectors.

Under her leadership, the group has strengthened operational

performance and strategic positioning. She drives

data-driven decision-making and innovation-focused business

transformation across the organization’s diverse holdings,

reinforcing operational excellence throughout the group.

In addition to her responsibilities at AW Rostamani Group,

Dr. Amina serves as Chief Executive Officer of AWR Properties,

an AW Rostamani Group subsidiary, steering real estate

operations with strategic vision and disciplined investment.

Previously, she served as Group Chief Executive Officer

of TECOM Group, contributing to strategic direction and

operational performance.

Dr. Amina holds Bachelor’s and Master’s degrees, as well

as a Doctorate in Electrical Engineering (Communications)

from George Washington University, Washington, D.C. She

contributes her expertise to several non-executive board

memberships, reflecting her commitment to governance

and community development.

Amna

Al Owais

Deputy Director

Dubai Courts

Amna Al Owais has played a central role in shaping the

UAE’s legal and dispute resolution landscape through

her leadership at the DIFC Courts. She joined the

organisation in 2006 and was appointed Chief Executive

and Registrar in 2017, following her role as Deputy Chief

Executive of the DIFC Dispute Resolution Authority.

Prior to joining the DIFC Courts, she worked as a litigation

lawyer at Hadef & Partners. Al Owais has been instrumental

in the establishment and expansion of the DIFC Courts and

the creation of the Dispute Resolution Authority. In 2009, she

led the launch of the DIFC Courts’ Pro Bono Programme,

the first initiative of its kind in the Middle East, aimed at

improving access to legal support and services.

Alongside her executive responsibilities, she serves as

Registrar of the Special Tribunal Related to Dubai World,

Chairwoman of the DIFC Courts’ Users’ Committee, and

a member of the Consulting Council for the University of

Sharjah College of Law. She was also selected for the Mohammed

Bin Rashid Centre for Leadership Development’s

Young Leaders and Impactful Leaders programmes.

30 www.thefinanceworld.com May 2026


Bodour bint

Sultan Al Qasimi

President

American University of Sharjah

Her Highness Sheikha Bodour bint

Sultan Al Qasimi plays a pivotal

role in shaping Sharjah’s knowledge

economy, innovation ecosystem, and global

cultural influence through her leadership

across education, entrepreneurship, research,

and publishing. As Chairperson

of the Board of Trustees and President

of American University of Sharjah, she

is advancing the institution’s focus on

academic excellence, research capabilities,

and public service while nurturing

globally minded graduates equipped to

lead across industries and communities.

In her role as Chairperson of the Board

and President of Sharjah Research, Technology

and Innovation Park, she is strengthening

collaboration between academia and

industry to accelerate research, technology

commercialization, and innovation-led

growth. She also oversees a $150 million

strategy aimed at positioning Sharjah as

a global hub for emerging technologies.

Through her leadership across investment,

entrepreneurship, and publishing,

Sheikha Bodour continues to support

Sharjah’s economic diversification agenda.

Her initiatives have attracted billions

in foreign investment, supported startup

growth, generated employment opportunities,

and elevated Sharjah’s standing

as a leading center for entrepreneurship,

innovation, and global publishing.

If the path feels difficult, it is often because it is the one most worth

pursuing.”

May 2026 www.thefinanceworld.com 31


Ebru

Pakcan

CEO – Middle East and Africa Cluster

Citi

Ebru Pakcan has built a distinguished international

banking career with Citigroup Inc. since joining the

organization in 1997. She currently serves as Head of

Treasury and Trade Solutions for Europe, the Middle East and

Africa (EMEA), based in London, a role she assumed in 2021.

In this position, she works closely with corporate, financial

institution, and public sector clients, developing payment,

cash management, and trade finance solutions tailored to

evolving global market demands. She also oversees a broad

network of business managers, product experts, and sales

specialists across the EMEA region.

Before taking on her current role, Pakcan led Citi’s Global

Payments and Receivables business in New York and previously

managed the same division for the EMEA region in

London between 2008 and 2012. Her career at Citi began in

Turkey as a Project Manager in the technology division before

expanding into senior operations and transaction services

leadership roles across multiple international markets.

She also served as Securities Country Manager in Turkey,

overseeing custody and clearing operations, and currently

serves as a board member of Citigroup Saudi Arabia.

Fatima

Al Jaber

Board Memeber & Head Of Projects Committe

Al Jaber Group

Fatima Al Jaber is a Board Member and Head of the

Projects Committee of Al Jaber Group, one of the region’s

most diversified conglomerates. Since 2014, she

has led strategic direction across more than 50 entities, joint

ventures, and project vehicles spanning civil construction,

manufacturing, trading, logistics, and industrial services.

The group manages assets exceeding AED20 billion and

employs over 50,000 people.

Under her leadership, Al Jaber Group has strengthened

governance, project delivery standards, and operational excellence

across its diverse portfolio. She oversees advanced

waterfront facilities in Abu Dhabi’s industrial hub and drives

cross-sector integration.

Fatima also serves as Chairman of the Board of Directors

of Al Bashayer Investment Company, Abu Dhabi, since 2008.

She is a Member of the Board of Directors of the Arab Gulf

States Institute in Washington and holds multiple non-executive

board positions across leading regional organizations.

A trailblazer in UAE business, Fatima was the first Emirati

woman elected to the Abu Dhabi Chamber of Commerce and

Industry Board (2010-2014). She has received international

recognition for her influential leadership and business acumen.

32 www.thefinanceworld.com May 2026


Feryal

Ahmadi

Deputy CEO & Chief Operating Officer

Dubai Multi Commodities Centre (DMCC)

Feryal Ahmadi, Deputy CEO and Chief Operating Officer

of DMCC, is a driving force shaping the future of

trade from Dubai to the world. With over two decades

of strategic leadership, Feryal has been the chief architect

behind DMCC’s record-breaking growth and its contribution

to Dubai’s FDI, while leading major initiatives like Uptown

Dubai, Jumeirah Lakes Towers (JLT), DMCC’s Smart and

Sustainable District Strategy, and the Future of Trade report

series that positions Dubai as a global thought leader in

international trade and commerce.

A champion of inclusive growth, Feryal chairs the UAE

chapter of the BRICS Women’s Business Alliance, promoting

inclusive economic growth and women’s participation

across BRICS nations and actively advancing women’s

empowerment through platforms like the UN Women’s

Empowerment Principles.

Feryal is a recognized voice on the international stage

and serves on the boards of several UAE government and

semi-government entities. Through her unwavering commitment

to excellence, innovation, and diversity, Feryal

continues to inspire the next generation of leaders and

entrepreneurs throughout the region.

Hala

Badri

Director General

Dubai Culture & Arts Authority

Her Excellency Hala Badri is Director General of

Dubai Culture and Arts Authority, appointed by

royal decree in April 2019. She steers the emirate’s

transformation into a global creative capital, championing

landmark initiatives including the Dubai Public Art Strategy

and Al Quoz Creative Zone.

Hala brings over 20 years of cross-sector experience across

telecommunications, oil and gas, media, and real estate. As

Executive Vice President of Brand and Communications at

du, she led the creation of an enhanced brand and communications

strategy that drove the company’s market success.

Under her leadership, du’s brand campaigns won multiple

international advertising awards, including the Cannes Lions

Gold Lion – the UAE’s first in that category.

Hala holds an MBA in Managing e-Business from Zayed

University and a Higher Diploma in Communications

Technology from the Higher Colleges of Technology. She

completed the UAE Government Leaders Program and the

Sheikh Mohammed Bin Rashid Leadership Development

Program. She serves on multiple boards advocating for

gender equality, sustainability, and youth empowerment.

May 2026 www.thefinanceworld.com 33


Hana

Al Rostamani

Group CEO

First Abu Dhabi Bank

Hana Al Rostamani is the Group Chief Executive Officer

of First Abu Dhabi Bank, the UAE’s largest bank by

assets, as the first woman to lead the institution. She

was appointed Group CEO in January 2021 and has over 22

years of experience in financial services. Before becoming

CEO, she served as FAB’s Deputy CEO and Group Head of

Personal Banking, leading the bank’s consumer division

transformation with a customer and digital-first mindset.

Under her leadership, FAB has delivered strong financial

performance. The bank reported $365 billion in assets at the

end of the first half of fiscal 2025, reinforcing its position

as the UAE’s largest financial institution. FAB operates in

more than 20 countries globally.

In addition to her CEO role, Al Rostamani serves as Chairperson

of FAB Private Bank Suisse, Board Member of the

AW Rostamani Group, and Member of MasterCard Advisory.

She also serves on the Institute of International Finance and

the Executive Board of the U.S.-U.A.E. Business Council.

Hind bin

Khirbash

CEO

Emirates National Investment

Hind bin Khirbash serves as the CEO of Emirates

National Investment (ENI), a diversified regional

development group operating across real estate,

construction, and fast-moving consumer goods.

Under her leadership, ENI has completed several major

residential and commercial developments across Dubai, Abu

Dhabi, and Ras Al Khaimah, including Burj Al Shams, ENI

Coral Tower, and Churchill Towers Dubai, strengthening the

company’s position in the UAE’s property and investment

sectors. Known for her strong focus on innovation and leadership

development, bin Khirbash secured first place in the

Shaping Future Government Global University Challenge

during the 2018 World Government Summit.

She also serves as a board member of the Dubai Chamber

of Commerce and is part of the board of trustees for the

UAE’s International Charity Organization. In 2022, she joined

the board of xCub. Driven by a passion for learning, she

also pursued an Executive MBA at London Business School

to further enhance her strategic and leadership expertise.

34 www.thefinanceworld.com May 2026


Ibtesam

AlBastaki

Director

Dubai Health Authority

Dr. Ibtesam Al Bastaki plays a leading role in advancing

healthcare development and strategic expansion

initiatives across the UAE. She is responsible for

overseeing major health projects within her region while

advising on best practices and long-term healthcare transformation

strategies.

Prior to her current leadership responsibilities, Dr. Ibtesam

headed the Health Strategy and Performance team for

UAE Vision 2021 at the Office of the Prime Minister, where

she contributed to national healthcare planning and policy

implementation. She began her career with the UAE Ministry

of Health before moving to the Dubai Health Authority,

where she served as Director of Business Development

and Projects.

Throughout her career, she has been recognized for driving

innovation, operational excellence, and sustainable healthcare

solutions within the public and private sectors. Dr. Ibtesam

holds extensive academic and professional qualifications,

including MBBS RCSI, Arab Board FM, and MsHM RCSI. Her

contributions to healthcare and public service have earned

her several awards recognizing her leadership.

Katy

Keenan

CEO

British Chamber of Commerce Dubai

Katy Keenan (formerly Holmes) serves as Chief Executive

Officer of the British Chamber of Commerce Dubai,

where she leads the organization’s strategic growth,

stakeholder engagement, and international business development

across the UAE. She applies extensive experience

in international trade, financial institutions, and government

engagement to strengthen the Chamber’s role in supporting

members and advancing UK–UAE business relations.

Since assuming the CEO role in 2021, she has driven the

transformation and modernisation of the Chamber, enhancing

its relevance to a diverse and evolving business community.

Previously, she served as Director of Marketing Communications,

where she led the repositioning of the Chamber’s brand,

content strategy, and stakeholder communications, ensuring

alignment with contemporary international business needs.

Keenan brings a strong background in business development,

marketing, and stakeholder management, with a career

focused on building meaningful partnerships across public

and private sectors. She is recognized for her leadership in

fostering inclusive business dialogue, strengthening community

engagement, and supporting initiatives that promote

responsible business practices and economic collaboration

in the region.

May 2026 www.thefinanceworld.com 35


Khadija

Al Bastaki

Senior Vice President

dubai design district(d3)

Khadija Al Bastaki is Senior Vice President of Dubai Design

District (d3), the global creative ecosystem under

TECOM Group. She joined d3 in 2015 and assumed

her current role in 2019, playing a defining role in shaping

Dubai’s fashion and design narrative and strengthening the

emirate’s creative positioning globally.

Under her leadership, Al Bastaki has streamlined Dubai’s

fashion platforms by aligning industry efforts under a

unified structure. Working with the Arab Fashion Council,

she supported the launch of Dubai Fashion Week, formerly

Arab Fashion Week, in February 2023, establishing a flagship

showcase that reinforces Dubai’s status as the fashion

capital of the Middle East. Dubai Design Week, now in its

tenth edition, continues to strengthen the district’s calendar.

In December 2024, d3 hosted the inaugural Fashion Futures

event, part of a global series on the sustainable future of

the fashion industry. Al Bastaki is committed to nurturing

emerging talent through collaboration with academic institutions

and design platforms.

Before joining d3, she held management roles at Economic

Zones World, Jebel Ali Free Zone, and DP World, bringing

extensive experience in strategic operations and ecosystem

development.

Latifa bint Mohammed

bin Rashid Al Maktoum

Chairperson

Dubai Culture & Arts Authority

Her Highness Sheikha Latifa bint Mohammed bin Rashid

Al Maktoum is an Emirati government official and

cultural leader widely recognized for her contributions

to the UAE’s creative and cultural sectors, and her ongoing

efforts to promote these sectors through new initiatives.

Sheikha Latifa is a member of the Dubai Council and

Chairperson of the Dubai Culture & Arts Authority, where

she plays a key role in advancing Dubai’s cultural vision

and strengthening the emirate’s position as a global creative

hub. She also serves as Vice Chairperson of the Emirates

Literature Foundation and is a member of the board of the

Mohammed bin Rashid Al Maktoum Global Initiatives.

In addition, she is the honorary president of the Association

of Graduates from Dubai’s Zayed University. Beyond her

official responsibilities, Sheikha Latifa is passionate about

poetry and horse riding, reflecting her strong connection to

Emirati heritage and culture, while supporting innovation

and creative excellence.

36 www.thefinanceworld.com May 2026


Linda

Fitz-Alan

Chief Executive and Registrar

Abu Dhabi Global Market Courts

Linda Fitz-Alan joined the ADGM Courts as Registrar

and Chief Executive in September 2015 and has since

positioned the institution as a global leader in judicial

innovation and technology-driven dispute resolution.

She oversees the administration and operations of the

courts, including the development of its advanced digital

services and the pioneering eCourts Platform. She also

leads ADGM’s dispute resolution initiatives, including the

court-annexed mediation scheme and the management of

the state-of-the-art ADGM Arbitration Centre.

In November 2022, Fitz-Alan introduced two groundbreaking

initiatives: the use of blockchain technology for

the global enforcement of commercial judgments and the

launch of “mediation in the metaverse.” The blockchain-based

system enables courts worldwide to verify the authenticity

of judgments securely and efficiently, while the metaverse

mediation platform offers a next-generation approach to

resolving disputes digitally.

A strong advocate for gender equality, she also serves on

the Advisory Council of Masdar’s WiSER platform and leads

ADGM’s Gender Equality Initiative in partnership with local

and international organizations.

Ludmila

Yamalova

Founder & Managing Partner

Yamalova & Plewka FZCO

Ludmila Yamalova is Founder and Managing Partner

of HPL Yamalova & Plewka FZCO (LYLAW), a Dubaibased

law firm she established in August 2009. With

over twenty years of legal practice experience, including

fourteen years in Dubai and eight years in Silicon Valley,

California, she brings extensive international expertise to

her practice.

Yamalova holds a Juris Doctorate in Intellectual Property

Law from the University of Texas School of Law and a Master’s

degree in European Union Law from Université Paris X

Nanterre. She has been licensed by the State Bar of California

since 2002 and qualified to practice in the UAE, licensed by

the Dubai Legal Affairs Department and DIFC Courts. She

is registered as an arbitrator with the Dubai International

Arbitration Centre and an ADR-accredited mediator.

At LYLAW, Yamalova advises individuals and corporations

on legal matters related to living and doing business in the

UAE. She is known for her business-oriented and pragmatic

approach, focusing on practical solutions and conflict

minimization.

May 2026 www.thefinanceworld.com 37


Maryam

Matar

Founder & Chairperson

Emirates Genetic Diseases Association

Her Excellency Dr. Maryam Matar is the Founder and

Chairperson of the Emirates Genetic Diseases Association,

where her pioneering work has advanced

the UAE’s legislation for pre-marital screening, preventive

genetic testing, and genetic disorder prevention. She has

positioned the UAE as a recognized global contributor to

genetic research and innovation through her development

of the UAE Genetic Map Project.

Her Excellency is a graduate of Dubai Medical College

with a postgraduate degree in Family Medicine and a Ph.D.

from Yamagata University, Japan. She was the first Emirati

woman to serve as Senior Undersecretary of the Ministry of

Health and the first Emirati woman Director-General in the

Dubai Government, heading the Community Development

Authority. She led the executive team that established Dubai’s

Strategic Plan for Health, Education, and National Identity.

Dr. Matar has been recognized among the top Arab researchers

with a profound impact on humanity and is listed

among the most influential women in the Arab world. Her

career reflects a longstanding commitment to scientific innovation,

healthcare advancement, and national development.

Mona

Ataya

Founder

Mumzworld

Mona Ataya is a pioneering entrepreneur and the

founder of Mumzworld, the Middle East’s leading

mother and child e-commerce platform. Under her

leadership, Mumzworld scaled rapidly to become the region’s

most trusted and transactional platform for millions

of mothers, offering the widest catalog and serving over 20

countries across MENA.

Mumzworld became one of the most funded women-led

e-commerce businesses in the Arab world and the first

female-founded digital company in the region to achieve

a successful exit. Prior to Mumzworld, Ataya co-founded

Bayt.com, the Arab world’s largest job marketplace, where

she continues to serve as Partner. She is also co-founder of

Pharmaciaty.com.

Following her strategic exit from Mumzworld in early

2024, Ataya launched Digitise360 Advisors, a boutique, impact-driven

advisory firm partnering with leaders to scale

digital ecosystems and transform business models. She is

a board member of the Dubai Chamber of Digital Economy,

a UNCTAD delegate focused on digital empowerment for

women, and actively mentors entrepreneurs and invests in

high-growth enterprises across the region’s startup ecosystem.

38 www.thefinanceworld.com May 2026


Mona

Kattan

Founder

Kayali Fragrances

Mona Kattan is the founder of KAYALI Fragrances

and one of the most influential figures in the global

beauty industry. Known as the “Perfume Princess,”

she transformed her lifelong passion for fragrance into an

internationally recognized luxury perfume brand inspired

by Middle Eastern heritage and the art of scent layering.

After earning a degree in finance and briefly working in

investment banking, Mona began her entrepreneurial journey

in 2009 by launching a PR and business consultancy before

co-founding a beauty salon in 2012, an experience that later

contributed to the creation of Huda Beauty alongside her

sisters, Huda and Alya. Driven by her passion for perfume

and a personal fragrance collection of more than 5,000

scents, Mona launched KAYALI in 2018.

Under her leadership, the brand has grown into a globally

recognized fragrance house celebrated for storytelling, craftsmanship,

and cruelty-free formulations. In 2025, KAYALI’s

Vanilla Candy Rock Sugar | 42 was named Fragrance of the

Year – Women’s Prestige, while Yum BoujeeMarshmallow |

81 was recognized as a Popular Fragrance of the Year. Today,

KAYALI continues to redefine modern perfumery through

cultural authenticity, creativity, and self-expression.

Nada

Taryam

Chief Executive Officer

BEEAH Real Estate

Nada Taryam is the Chief Real Estate Officer and Director

of Civil and Architectural Projects at BEEAH Group,

one of the UAE’s leading environmental management

and sustainability pioneers. Through her leadership, Nada

Taryam has contributed to projects aligned with BEEAH’s

long-term vision of transforming Sharjah into one of the most

sustainable cities in the Middle East, with a strong focus on

environmental responsibility, innovation, and community

well-being. Nada Taryam holds degrees from the American

University of Sharjah and the Architectural Association

School of Architecture in London.

Alongside overseeing major real estate and architectural

developments at BEEAH, she also maintains an experimental

design practice through Architecture + Other Things, a studio

she co-founded with fellow young designers. The practice

combines advanced technologies such as computational

design with traditional Emirati cultural influences to create

projects that are both innovative and regionally grounded.

Her work reflects a commitment to culturally rooted architecture

that supports sustainability, social impact, and

the future development of the region.

May 2026 www.thefinanceworld.com 39


Nadia

Zaal

Founder

Zaya Real Estate Development Company

Nadia Zaal is Founder and CEO of Zaya Group, a boutique

developer specializing in high-end real estate

and hospitality. Known for her visionary approach,

she blends sustainability with luxury to create iconic

developments that harmonize nature with modern living,

redefining luxury real estate in the region.

Zaal co-founded Zaya in 2008 and has led the creation of

groundbreaking projects including Nurai Island, featuring

the region’s first floating solar plant, and ZUHA. As former

CEO of Al Barari Group, she spearheaded the creation of Al

Barari, a lush, low-density community renowned for its focus

on sustainability and eco-conservation. These developments

demonstrate her commitment to integrating environmental

responsibility with exclusive lifestyle experiences.

Beyond real estate, Zaal established the Zaya Early Learning

Center, offering alternative education for young children. In

2024, she completed construction on an alternative school

in Dubai that integrates play-based learning, reflecting her

broader vision of creating transformative spaces.

Her work reflects her passion for creating spaces that

inspire transformation, balance, and connection with the

natural world.

Nadine Halabi de

Francesca

Head of Business Development and Operations

Dubai Business Women Council

Nadine Halabi de Francesca is Head of Business Development

and Operations at the Dubai Business

Women Council, where she has served since August

2011. Through her leadership, the council has strengthened

its position as a key platform supporting women-led enterprise

in the UAE, while evolving its programs to meet the

demands of a digital and innovation-driven economy.

Her tenure has focused on developing member-centric

initiatives that combine practical business support with

emerging technologies and digital transformation. Recognizing

the growing importance of AI and emerging technologies, she

championed the integration of future-focused capabilities

into the council’s core offerings.

Among her notable initiatives is sAIdaty, developed in collaboration

with Oracle, which provides women with training

in cloud computing, generative AI, machine learning, and

blockchain, aligned with the UAE National AI Strategy. She

also created Women Leaders with Tech to equip mid-to-senior

leaders with future-ready skills. Through strategic partnerships

with AWS, Capgemini, and Odoo, she has expanded

certifications and employability opportunities.

40 www.thefinanceworld.com May 2026


Nadine

Mezher

Co-Founder & CEO

NAWA

Nadine Mezher is the Co-Founder and CEO of NAWA,

where she drives innovation across emerging technology

and digital business ecosystems. She also serves

as the Co-Founder and Executive Board Director of Sarwa,

one of the region’s pioneering hybrid fintech investment

platforms, focused on making wealth management more

accessible to digitally driven investors.

At Sarwa, Mezher shapes the company’s strategic positioning,

customer engagement, and digital growth initiatives.

She plays a central role in expanding the platform’s

footprint across the GCC while strengthening its reputation

as a technology-led alternative within the regional financial

services sector. Under her leadership, Sarwa broadens its

offerings through initiatives such as Sarwa X, launched in

partnership with Saxo Bank, enabling self-directed investing

for retail users.

In addition to her executive leadership roles, Mezher is a

Dubai Future Fellow with the Dubai Future Foundation. She

is recognised for her expertise in fintech innovation, digital

strategy, customer acquisition, and ecosystem development.

Naeema

Ahli

Chief Executive Officer

Dubai Women Establishment

Naeema Ahli serves as the CEO of Dubai Women

Establishment (DWE), an organization founded in

2006 to strengthen the role of Emirati women in the

workforce and enhance their leadership and professional

capabilities.

Naeema Ahli was appointed CEO in April 2024, reflecting

her long-standing contribution to advancing women’s empowerment

initiatives across the UAE. Under her leadership,

DWE continues to expand partnerships and programmes

focused on professional development, leadership training,

and workplace inclusion. In March 2024, the organization

signed a Memorandum of Understanding with Dubai Police

to collaborate on events and specialized trainings aimed at

strengthening women’s professional skills and capabilities.

DWE’s subsidiaries include the Dubai Ladies Club and

The Cultural Office of Her Highness Sheikha Manal bint

Mohammed bin Rashid Al Maktoum, which support cultural,

educational, and social initiatives dedicated to women’s

advancement.

May 2026 www.thefinanceworld.com 41


Najla Ahmed

Midfa

Chief Executive Officer

Sharjah Entrepreneurship Center

Najla Ahmed Al-Midfa is the Chief Executive Officer

of Sharjah Entrepreneurship Center (Sheraa), where

she leads initiatives aimed at strengthening Sharjah’s

entrepreneurial ecosystem and accelerating startup growth.

Under her leadership, Sheraa has evolved into a leading

regional platform supporting founders through mentorship,

funding access, industry partnerships, and global networks.

Through Sheraa, Al-Midfa has played a central role in

positioning Sharjah as a growing hub for innovation and

entrepreneurship. She oversees flagship initiatives, including

the Sharjah Entrepreneurship Festival, which has attracted

more than 18,000 attendees globally and convenes entrepreneurs,

investors, policymakers, and industry leaders to

drive collaboration and innovation across emerging sectors.

In addition to her role at Sheraa, Al-Midfa serves on the

boards of United Arab Bank, Emirates Development Bank,

and Dana Gas. She is also Vice-Chairperson of Young Arab

Leaders and a board member of Endeavor UAE.

Al-Midfa previously held roles at McKinsey & Company,

Shell, and PwC. She is also an Eisenhower Global Fellow

and a fellow of the Aspen Institute’s Middle East Leadership

Initiative.

Noura bint Mohammed

Al Kaabi

Minister of State

Ministry of Foreign Affairs of the U.A.E

Her Excellency Noura bint Mohammed Al Kaabi serves

as Minister of State at the Ministry of Foreign Affairs,

where she advances the UAE’s diplomatic agenda

through cultural engagement, international cooperation, and

strategic bilateral relations. Her work reinforces culture,

education, and creative industries as pillars of national soft

power and global engagement.

Her Excellency has held senior leadership roles, including

Minister of Culture and Youth, Minister of State for Federal

National Council Affairs, Commissioner-General of the UAE

Pavilion at Expo 2020 Dubai, and President of Zayed University,

reflecting her cross-sector leadership across culture,

education, and national representation.

She has received international honours, including the

Chevalier of the French Order of the Legion of Honour, the

French Order of Merit, and the Ghanghwa Medal from the

Republic of Korea. She holds a Bachelor’s degree in Management

Information Systems from the United Arab Emirates

University and completed executive leadership studies at

London Business School.

42 www.thefinanceworld.com May 2026


Naima

Al Falasi

Senior Vice President - AI

Strategy & Transformation

Mubadala

Naima Al Falasi is a senior strategy

and transformation executive

with more than two decades of

experience across sovereign investment,

financial services, technology, and entrepreneurship.

She currently serves as

Senior Vice President – AI Strategy &

Transformation at Mubadala Investment

Company, where she drives AI-led strategy,

portfolio alignment, and enterprise-wide

transformation initiatives that enhance

investment decision-making and operational

performance.

In this role, she shapes AI-enabled

value creation across diversified global

investments, strengthening governance

frameworks and advancing cross-functional

execution across complex institutional

environments. Her leadership focuses on

integrating artificial intelligence into strategic

planning and portfolio optimization,

supporting long-term institutional agility.

Prior to Mubadala, Al Falasi held leadership

roles across Abu Dhabi Global

Market, HSBC Middle East, BNP Paribas,

and FIS, contributing to regulatory, financial,

and technology-driven transformation

initiatives across international markets.

She also founded Cristal Internet Group,

an early consumer e-commerce venture

in Algeria, reflecting her entrepreneurial

and digital innovation background.

Highlights

Industry Established In Total Assets

Investment &

Development 2002 AED 1.414T

The interesting question about AI is no longer what it can do. It is

what it asks of the human.”

May 2026 www.thefinanceworld.com 43


Noor

Sweid

Managing Partner

Global Ventures

Noor Sweid is the Founder and Managing

Partner of Global Ventures, a

venture capital firm investing across

emerging markets in the Middle East and

Africa. She leads investment strategy and

portfolio growth across high-growth technology

companies, with a focus on scaling

innovation-driven businesses.

Previously, she served as Chief Investment

Officer at Dubai Future Foundation

and Managing Partner at Leap Ventures,

advancing regional startup investment

and ecosystem development. Earlier, she

played a key role at Depa PLC, leading

cross-border acquisitions and its dual

listing on the London Stock Exchange and

NASDAQ Dubai, reaching a valuation exceeding

USD 1B. She also founded ZenYoga,

the region’s first yoga studio chain, later

achieving a successful private equity exit.

She serves as Chairwoman of the Middle

East Venture Capital Association and

sits on several regional and international

boards spanning technology, healthcare,

and entrepreneurship.

She holds a Bachelor’s degree in Finance

and Economics from Boston College

and an MBA from MIT Sloan School of

Management.

Industry

Highlights

Established In

Markets Covered

Venture Capital 2018

12+

There is no such thing as a straight path to success... you only get

to the ups after the downs.”

44 www.thefinanceworld.com May 2026


Ola

Doudin

Co-Founder and CEO

BitOasis

Ola Doudin is the Co-Founder and CEO of BitOasis,

one of the leading digital asset platforms in the Middle

East and North Africa. A serial entrepreneur and

blockchain advocate, she has played a significant role in

advancing cryptocurrency adoption and fintech innovation

across the region.

With a background in finance and economics, Ola Doudin

spent more than a decade working in the banking and financial

services industry before launching BitOasis, combining

her expertise in financial systems with emerging blockchain

technologies. Under her leadership, BitOasis has become

a prominent platform supporting digital asset trading and

blockchain-based financial solutions in the MENA region.

Doudin is recognized for her strong advocacy of blockchain

technology as a tool to promote financial inclusion,

economic development, and greater accessibility to modern

financial services. Her work has contributed to positioning

the UAE and the wider Gulf region as growing hubs for

digital finance and cryptocurrency innovation.

Through her entrepreneurial vision, she continues to

champion technology-driven solutions that address real-world

financial challenges.

Rachel

Conlan

Global Chief Marketing Officer

Binance

Rachel Conlan is Chief Marketing Officer at Binance,

driving the company’s global marketing strategy and

brand campaigns as it reinforces its standing as the

world’s most trusted cryptocurrency brand. She oversees

global and regional teams, developing innovative campaigns

to bring new entrants to crypto and facilitate mainstream

adoption.

Before joining Binance, Conlan held senior leadership roles

at leading global organizations, demonstrating exceptional

expertise in brand strategy and partnership development. As

Global Chief Marketing Officer for Havas, the sixth-largest

communications company within the Vivendi conglomerate,

she enhanced reputation and revenue through integrated marketing

and experiential platforms for Fortune 500 companies.

As Managing Director of Havas Luxhub, Conlan led

strategic and commercial operations for luxury, fashion,

and lifestyle companies, serving iconic brands including

LVMH, PUIQ, Sotheby’s, Net-a-Porter, Netjets, and Kit and

Ace. She orchestrated Havas’ 2012 rebrand from Euro RSCG

Worldwide, establishing new standards for organizational

transformation.

Earlier, Conlan held Global Partnerships leadership at CAA

Sports, developing innovative brand partnerships and cultural

marketing programs that bridged global brands, rights holders,

and talent across the sports and entertainment sector.

May 2026 www.thefinanceworld.com 45


Raja

Al Mazrouie

CEO

Etihad Credit Insurance

Her Excellency Raja Al Mazrouei is Chief Executive

Officer of Etihad Credit Insurance, a role she assumed

in May 2023. She leads the organization’s

focus on expanding regional collaboration, strengthening

risk management frameworks, and supporting the UAE’s

non-oil trade ambitions in alignment with national economic

diversification goals.

A notable milestone under her leadership came in October

2024, when Etihad Credit Insurance signed Memoranda of

Understanding with Saudi EXIM Bank and Credit Oman.

These agreements enhance regional partnerships in insurance

and risk management while facilitating cross-border

trade cooperation across the GCC, covering supply chain

risk mitigation, export financing, SME financing solutions,

letters of credit confirmation, and corporate finance support.

Earlier in her career, Her Excellency served as Executive

Vice President at the Dubai International Financial Centre,

where she established The FinTech Hive, recognized as one

of the world’s top financial innovation labs. She has held

executive positions at the Higher Colleges of Technology,

Dubai Holding, and National Bonds Corporation.

Raja Easa

Al Gurg

Chairperson & Managing Director

Easa Saleh Al Gurg Group LLC

Dr. Raja Easa Al Gurg is Chairperson and Managing

Director of the Easa Saleh Al Gurg Group, a leading

diversified conglomerate spanning retail, consumer,

building materials, industrial, real estate, and services

sectors. She has achieved stellar leadership of the Group,

steering it through strategic growth and strengthening its

regional prominence.

A pioneering advocate for Arab women entrepreneurs, Dr.

Al Gurg is Founder of the Dubai Business Women Council

and Board Member of Dubai Chambers. She serves on the

boards of Dubai Chamber of Trade and Dubai Women’s

Association, advancing gender inclusion within the private

sector. She also serves as Chairperson of Al Jalila Foundation,

advancing healthcare innovation and research globally.

Dr. Al Gurg holds strategic positions across financial and

educational institutions, including Deputy Chairperson of

the National Bank of Fujairah, advisory board member at

Coutts Bank, and Vice Chairperson of the University of Dubai.

She sits on the boards of Mohammed Bin Rashid University

of Medicine and Health Sciences, Hamdan Bin Mohammed

Smart University, and Ajman University.

46 www.thefinanceworld.com May 2026


Rasha

Al Danhani

Founder

PappaRoti

Rasha Al Danhani is an Emirati entrepreneur widely

recognized for founding PappaRoti, a popular café

brand she introduced to the Middle East. She discovered

the concept during a trip to Malaysia in 2008 and

launched the first PappaRoti outlet in Dubai Mall in July

2009. Under her leadership, the brand expanded rapidly to

become an international café chain with a presence across

multiple global markets.

Beyond PappaRoti, Al Danhani has built a diverse portfolio

of ventures, including Brandnoise Creative Agency, Al Rasha

Investments, and The 1978 Suite, reflecting her broad interests

across hospitality, branding, and investment sectors.

Al Danhani studied business management at Dubai Women’s

College, where she participated in entrepreneurship

programmes that shaped her leadership skills. Before launching

her ventures, she gained professional experience with

prominent organizations, including Emaar Properties and

the Dubai Development and Investment Authority, building

expertise in business operations and strategic development.

Through her ventures, Al Danhani has shaped the region’s

café culture while inspiring women entrepreneurs across

the Middle East.

Renuka

Jagtiani

Chairwoman

Landmark Group

Renuka Jagtiani is Chairwoman of Landmark Group,

the Middle East’s leading retail conglomerate. She

joined the business in 1993 and assumed the role

of Chairwoman in 2017, driving sustained expansion, operational

excellence, and strategic transformation across

multiple markets.

One of her early milestones was launching Splash, a

high-street fashion brand that evolved into a regional retail

success story. This demonstrated her ability to identify

emerging consumer trends and translate them into scalable

business models.

Jagtiani displayed forward-thinking vision by guiding

Landmark Group’s entry into e-commerce more than a decade

ago, well ahead of regional adoption. By embedding digital

capabilities into the Group’s retail ecosystem, she ensured

competitiveness amid shifting consumer behaviours and

technological change.

Today, she focuses on sharpening the Group’s strategic

direction and advancing its long-term vision. Landmark Group

operates across retail, hospitality, fitness, logistics, and leisure

sectors, with a presence spanning multiple countries

across the Middle East, Africa, India, and Southeast Asia.

May 2026 www.thefinanceworld.com 47


Rola

Abu Manneh

CEO – UAE, Middle East and Pakistan

Standard Chartered

Rola Abu Manneh serves as CEO of Standard Chartered

Middle East and Pakistan, following the expansion

of her leadership role in April 2024. She has played a

key role in strengthening the bank’s regional presence and

advancing financial innovation across the Middle East and

South Asia.

In November 2024, Standard Chartered partnered with

Wise Platform to enhance multi-currency money transfer

services across Asia and the Middle East, supporting faster

and more accessible cross-border transactions.

Beyond her executive responsibilities, Rola Abu Manneh

serves as a director on the boards of Standard Chartered

Pakistan and Standard Chartered Uganda, while also supporting

humanitarian initiatives through her role with the

Make-A-Wish Foundation UAE.

She is also a board member of myZoi, a subsidiary of

Standard Chartered focused on financial inclusion, the Dubai

International Chamber, and a member of the Global Council

for Sustainable Development Goal 5.

Saeeda

Jaffar

Managing Director - MEA

Circle

Dr. Saeeda Jaffar is the Managing Director for the

Middle East and Africa at Circle, where she leads the

company’s regional strategy and expansion across

digital finance and blockchain-powered financial infrastructure.

Based in the UAE, she plays a key role in advancing

innovation and adoption within the evolving digital asset

ecosystem across high-growth markets.

Prior to joining Circle, Jaffar served as General Manager

for the GCC at Visa, where she led regional operations

and strategic initiatives across one of the world’s leading

digital payments companies. Her career spans leadership

roles across banking, payments, and financial technology,

positioning her among the region’s leading voices in digital

finance and innovation.

In addition to her executive responsibilities, Jaffar serves

as a Member of the Advisory Council of the Dubai International

Chamber, contributing to discussions focused on

international business growth and economic collaboration.

She is recognized for her expertise in fintech, digital transformation,

strategic partnerships, and emerging financial

technologies across the Middle East and Africa.

48 www.thefinanceworld.com May 2026


Safa Bouzidi

Leterme

Managing Director

Daman Investments

Safa Bouzidi-Leterme is Managing Director of Wealth

& Asset Management at Daman Investments, leading

the full commercial and operational agenda with a

50-person team across investment management, product

platforms, distribution, and development.

Under her leadership at Daman, she has architected the

UAE’s first onshore feeder fund service in partnership with

AllianzGI and major local banks. She co-designed the region’s

first Voluntary End of Service pension scheme in collaboration

with the CMA and MOHRE, setting a regulatory precedent

for the UAE market. She has driven platform and portfolio

management overhauls and cultivated partnerships with

global asset managers, FinTechs, and regulatory bodies to

accelerate market penetration.

Prior to Daman, Bouzidi-Leterme served as Head of Digital

Wealth Management at Al Hilal Bank, where she built and

led a Sharia-compliant digital wealth proposition managing

significant assets under management. She designed and

scaled digital investment and insurance solutions tailored

to the UAE’s Islamic finance market.

Earlier, she spent over 13 years at Standard Chartered

Bank, culminating as Executive Director and Regional Head

of Wealth Management Strategic Solutions covering Africa,

the Middle East, and Europe.

Sameera

Fernandes

CEO

Econova Global

Sameera Fernandes is Chief Executive Officer of Econova

Global, where she leads the company’s mission to

redefine growth by strategically integrating sustainability

across investments and management. She focuses on pioneering

innovative solutions that transform environmental

challenges into economic opportunities for global partners,

driving value toward a net-zero future.

Fernandes is also Chairperson of the Stockbrokers and

Investment Services Business Group at Dubai Chambers.

She is recognized as a strategic leader whose work bridges

finance, technology, and sustainability.

A recipient of the Women of Finance Award, Fernandes is

a vocal advocate for sustainable investments, impact-driven

capital allocation, and AI for Good. Her leadership philosophy

centres on integrating environmental, social, and governance

principles into strategic frameworks and leveraging artificial

intelligence to deliver measurable value.

Her professional journey spans senior leadership roles

across global organizations, including Sun Microsystems,

Nokia, and Al Ghurair, where she drove business growth,

digital innovation, and sustainable expansion.

May 2026 www.thefinanceworld.com 49


Samia

Bouazza

Group CEO and Managing

Director

2PointZero

Samia Bouazza is Chief Executive

Officer of 2PointZero (formerly

Multiply Group PJSC), leading the

company’s strategic development, its

growing investment portfolio of high-return

businesses, and sustainable growth

of the Group’s subsidiaries.

A significant milestone in her leadership

is being the first woman to take a company

public on the Abu Dhabi Stock Exchange,

marking a landmark achievement in the

regional capital markets.

Bouazza serves as Board Member of

several prominent organizations, including

TAQA, Arena Events Group, and Emirates

Driving Company, contributing to governance

and strategic oversight.

Academically, Bouazza holds a BA in

Political Science and Public Administration

from the American University of Beirut. She

completed executive education certificates

in Strategic Intelligence from Harvard

Business School and Digital Disruption

from the University of Cambridge.

She is an active member of Young Presidents’

Organization and a keystone member

of Friends of Abu Dhabi Art, reflecting

her commitment to leadership excellence

and cultural patronage. Through strategic

vision and disciplined execution, Bouazza

continues to shape a resilient and forward-looking

investment enterprise.

Highlights

Industry Founded Total Employees

Investment

Holding 2023 40,000+

Growth is at the core of our mindset and actions. We have an

insatiable hunger for continuous learning, embracing data,

research, and empowerment.”

50 www.thefinanceworld.com May 2026


Sania

A. Ansari

Chairperson & CEO

Ansari Group

Her Excellency Dr. Sania A. Ansari is Chairperson

and CEO of Ansari Group Ltd, a global consulting

firm operating across Canada, the UAE, and serving

clients in over 90 countries. Since May 2017, she has led

the organization’s strategic direction, providing consulting,

digital technology, and operations services across oil and

gas, defence, capital investment, infrastructure, real estate,

renewable energy, and other key sectors.

Under her leadership, Ansari Group partners with emerging

and expanding businesses while consulting with governments

to enhance trade relations and facilitate trade delegations

between countries and corporations. The firm offers comprehensive

advisory services, including strategy consulting,

mergers and acquisitions, tax advisory, real estate advisory,

and technology solutions.

In addition to her role at Ansari Group, Her Excellency

has served as Chairperson and Founder of Ansari Foundation

since December 2019. She is a Strategic Partner

for UN-Habitat’s SDG Cities Initiative, collaborating on a

flagship programme to advance sustainable development

goals across cities globally.

Her Excellency brings extensive expertise in business

strategy, humanitarian engagement, and international advisory

across multiple regions.

Sarah bint Yousef Al

Amiri

UAE Minister of Education

Government of the UAE

Her Excellency Sarah bint Yousif Al Amiri serves as

the UAE Minister of State for Public Education and

Advanced Technology and holds several influential

leadership positions shaping the country’s scientific and

technological future. She has served as the Chairwoman of

the UAE Space Agency, and is a member of the Emirates

Scientists Council, while also leading initiatives linked to

advanced technology, innovation, and the Fourth Industrial

Revolution.

In her ministerial role, she oversees efforts to accelerate

the adoption of advanced technologies, strengthen research

and development, and support the UAE’s transition towards

a knowledge-based economy. Al Amiri also serves as Deputy

Project Manager and Science Lead for the Emirates Mars

Mission at the Mohammed bin Rashid Space Centre.

Earlier in her career, she led research and development

initiatives at MBRSC and contributed to projects including

DubaiSat-1, DubaiSat-2, and KhalifaSat. Recognized globally

for her scientific contributions, she was named among the

World Economic Forum’s 50 Young Scientists in 2015 and

holds Bachelor’s and Master’s degrees in Computer Engineering

from the American University of Sharjah.

May 2026 www.thefinanceworld.com 51


Sahar

Cooper

Chief Executive Officer

ALDAR Education

Sahar Cooper is Chief Executive Officer of Aldar Education,

a wholly owned subsidiary of Aldar Properties. Since

assuming the role in 2018, she has led the company’s

expansion into Abu Dhabi’s leading education provider and

the UAE’s second largest operator.

Under her leadership, Aldar Education has driven strategic

acquisitions, digital innovation, and sustainability initiatives

across its portfolio. The company has strengthened its position

as a significant contributor to Aldar Properties’ overall

business performance and growth trajectory.

Sahar brings over 30 years of global education management

experience. Previously, she held senior leadership roles at

GEMS Education and served as Associate Director of Operations

at the American University of Sharjah, building deep

expertise in institutional growth, operational excellence,

and educational transformation.

Through her strategic vision and operational leadership,

Sahar continues to shape the UAE’s education landscape.

Her focus on digital innovation, sustainability, and strategic

expansion positions Aldar Education as a transformative

force in regional and international education services.

Sonia

Gokhale

Cofounder & General Partner

VentureSooq

Sonia Gokhale is Cofounder and General Partner at

VentureSouq, a MENA-focused venture capital firm

headquartered in the UAE. Since cofounding the firm

in 2013, she has played a pivotal role in shaping the region’s

early-stage investment landscape.

Under her leadership, VentureSouq has grown into a

prominent venture capital platform focusing on high-growth

technology sectors across the Middle East and North Africa.

The firm backs innovative startups in fintech, climate tech,

and enterprise solutions, leveraging disciplined investment

strategy and strong regional networks to enable entrepreneurial

growth.

Recent milestones include securing commitments from

Jordan’s Innovative Startups and SMEs Fund in 2024 and

co-leading a pre-seed funding round for Saudi-based fintech

startup Mala, signalling continued investor appetite for early-stage

financial technology ventures in the Gulf.

Gokhale brings deep financial expertise to her role. She

is a Fellow of the Canadian Institute of Actuaries and the

Society of Actuaries, reflecting a strong foundation in risk

assessment, financial modelling, and capital management.

Her actuarial background has contributed to VentureSouq’s

data-driven investment approach and rigorous portfolio

oversight.

52 www.thefinanceworld.com May 2026


Shaista

Asif

Co-Founder and Group CEO

PureHealth Holding

Shaista Asif is the CoFounder and

Group CEO of PureHealth Group, one

of the largest integrated healthcare

platforms in the region. Since cofounding

the company in 2006, she has overseen the

expansion of its extensive healthcare portfolio,

which today includes more than 110

hospitals, 316 clinics, diagnostic centres,

pharmacies, health insurance services,

and healthtech investments.

Under her leadership, PureHealth manages

a global workforce of more than 65,000

employees and has expanded beyond the

UAE into markets across the Middle East,

the U.K., the U.S., Greece, and Cyprus.

In October 2025, Shaista Asif led the

completion of PureHealth’s $933 million

acquisition of a 60% stake in Hellenic

Healthcare Group, one of the leading

private healthcare providers in Greece

and Cyprus, further strengthening the

company’s international presence.

She is also spearheading the group’s

digital transformation strategy through

Pura, an AI-enabled healthcare application

designed to connect hospitals and clinics

across the PureHealth network, improving

patient access, operational efficiency, and

integrated healthcare delivery.

Highlights

Industry Established In Total Employees

Healthcare 2006

100,000+

The greatest breakthrough of our generation will be for us health

professionals to have the courage to break down the existing

fragmented healthcare ecosystem.”

May 2026 www.thefinanceworld.com 53


Sophie Doireau-

Tiberghien

CEO – Middle East, India, Africa and Türkiye

Cartier

Sophie Doireau serves as CEO for the Middle East,

India, Africa, and Türkiye at Cartier, overseeing the

luxury brand’s operations across a diverse and rapidly

growing regional market.

She joined Cartier in France in 2008 before relocating to

the UAE in 2014 as Marketing and Communications Director

for the Middle East. In 2021, she assumed her current leadership

role, managing a workforce of around 600 employees

across multiple international markets. Under her leadership,

Cartier has continued to strengthen its regional presence

while investing in talent development and retail expansion.

In July 2023, the company launched the Al Raya programme,

an immersive 12-month learning initiative designed to support

and develop Emirati talent within the luxury sector.

Later that year, Cartier expanded its footprint in India

with the opening of a new boutique at Jio World Plaza, one

of Mumbai’s premier luxury retail destinations. Doireau’s

leadership reflects Cartier’s focus on innovation, cultural

engagement, and growth across emerging luxury markets.

Suaad

Al Shamsi

First Emirati Female Aircraft Engineer

Etihad Airways

Dr. Eng. Suaad Al Shamsi is recognized as the first

Emirati female aircraft engineer, breaking barriers in

the aviation industry while inspiring a new generation

of women in science, engineering, and technology. From an

early age, she viewed aircraft not simply as machines, but

as symbols of freedom, ambition, and limitless possibility.

Her journey has been shaped by persistence, consistency,

and a determination to create opportunities rather than wait

for them. Beyond aviation engineering, Dr. Suaad Al Shamsi

is also a researcher specializing in artificial intelligence and

its applications in aviation, exploring how emerging technologies

can transform the future of the aerospace sector.

She believes research is a form of leadership that enables

informed decision-making and drives meaningful innovation.

Alongside her technical and academic work, she is also a

writer and artist who views creativity and intellect as deeply

interconnected. Throughout her career, she has remained

committed to serving the UAE through innovation and

knowledge development, opening doors for ambitious Emirati

women and reinforcing the country’s growing reputation

as a hub for advanced technology and scientific progress.

54 www.thefinanceworld.com May 2026


Tabinda

Sanpal

Founder & Director

ANAX Capital

Tabinda Sanpal has built a career

defined by financial innovation,

cross-border expertise, and a strong

commitment to expanding access to modern

financial solutions. With an academic

foundation in Business and Finance from

the United Kingdom, she developed an

early understanding of international capital

markets, structured financial products,

and investment strategy.

To strengthen her regulatory and compliance

expertise, she earned the respected

CISI certification in FCA Rules and

Regulations, equipping her with in-depth

knowledge of the UK’s financial governance

framework and industry best practices.

Her professional journey spans trading,

investments, and real estate, where she

gained extensive exposure to both onshore

and offshore financial structures, wealth

management, and cross-border operations.

Through these experiences, Tabinda

identified growing demand for transparent,

technology-driven financial ecosystems

capable of serving both retail and institutional

investors across the MENA markets.

Her work today reflects a forward-looking

approach to finance, combining strategic

insight, regulatory understanding, and

innovation to support more accessible

and efficient financial services in rapidly

evolving economies.

Industry

Highlights

Industry

Recognitions

Total Employees

Financial Services 6 30+

Agility defines long-term success. Step into leadership with

confidence, create meaningful impact, and remember, true

leadership is measured by your ability to inspire others and drive

positive change.”

May 2026 www.thefinanceworld.com 55


Tayba Al

Hashemi

CEO

ADNOC Offshore

Tayba Abdulrahim Al Hashmi brings

more than two decades of experience

across technical and executive

leadership roles within the energy sector.

In her current role as Chief Executive

Officer of ADNOC Offshore, Tayba Abdulrahim

Al Hashmi leads a large-scale

offshore energy operation that works

alongside international partners to support

a substantial share of Abu Dhabi’s oil and

gas production, advancing ADNOC’s focus

on operational excellence, innovation, and

long-term value creation. Her leadership

advances ADNOC’s focus on operational

excellence, innovation, and long-term

value creation.

From 2020 to 2023, Al Hashmi served

as CEO of ADNOC Sour Gas, where she

strengthened the company’s position as

a reliable and competitive gas supplier

through a focus on operational resilience

and supply security. In 2018, she became

one of the first female CEOs within the

ADNOC Group following her appointment

as CEO of Al Yasat Petroleum Operations

Company.

Earlier in her career, she held several

senior leadership roles within ADNOC’s

Upstream directorate, overseeing reservoir

development, exploration strategy, and

onshore oil and gas operations.

Highlights

Industry

Established In

Oil & Gas 2014

To lead for the future, we need to continue recruiting the right

people, investing in their development, and strengthening

partnerships... When all of us come together, we can move faster.”

56 www.thefinanceworld.com May 2026


Zulekha

Daud

Founder and Chairperson

Zulekha Healthcare Group

Dr. Zulekha Daud is a renowned

healthcare entrepreneur, and

philanthropist who played a pioneering

role in shaping private healthcare

in the UAE.

She arrived in Sharjah in 1964 after

working at the American Mission Hospital

in Kuwait and quickly became recognized

for her dedication to accessible and patient-focused

medical care. At a time when

healthcare infrastructure in the region

was still developing, Dr. Zulekha earned

the trust of communities through her

commitment to compassionate treatment

and medical excellence.

In 1992, she established Zulekha Hospital,

the first private hospital in Sharjah,

laying the foundation for what would

become one of the UAE’s leading healthcare

groups. Today, the Zulekha Group

operates hospitals in Sharjah and Dubai

alongside multiple medical centres across

the emirates, collectively treating around

550,000 patients annually.

Dr. Zulekha’s contributions to healthcare

and community service have been

internationally recognized. In January

2019, she received the prestigious Pravasi

Bharatiya Samman Award, India’s highest

honour for overseas Indians, celebrating

her exceptional achievements and impact

abroad.

Highlights

Industry Established In Total Employees

Healthcare 1964

3,000+

Work is worship... I tell all the women keep working focus that you

are not getting something out of it. You have to serve the people.”

May 2026 www.thefinanceworld.com 57


Global

Source: Ai generated

Advanced data infrastructure, AI innovation, and energy investments are strengthening the GCC’s global economic influence

Powering The

Economy: Data, AI,

and Energy Redefining

The GCC’s Influence

Data, Artificial Intelligence and Energy Innovation

are Reshaping the GCC’s Role in the Global

Economy

The Gulf Cooperation Council is entering

a new phase of economic transformation

driven by data, artificial intelligence,

and evolving energy strategies. While the

region has long been recognized for its

influence in global energy markets, GCC

economies are increasingly investing in

digital infrastructure, advanced technologies,

and clean energy solutions to

diversify growth. Governments across the

region, particularly in the United Arab

Emirates and Saudi Arabia, are positioning

innovation at the center of national development

agendas. By combining strong

energy resources with rapidly expanding

digital capabilities, the GCC is building

a more resilient and technology-driven

economic model that is strengthening its

role in shaping the future global economy.

58 www.thefinanceworld.com May 2026


The global economy is undergoing a

profound transformation as data,

artificial intelligence, and energy

innovation reshape the foundations

of economic power. Across the Gulf

Cooperation Council, governments

are positioning these three pillars at

the center of long-term development

strategies. Countries such as the United

Arab Emirates and Saudi Arabia are investing

heavily in digital infrastructure,

advanced technologies, and energy

diversification to strengthen their

global competitiveness. By integrating

data-driven innovation with large-scale

energy investments, the GCC is building

a new economic model that goes beyond

traditional resource dependence. This

transformation is gradually redefining

the region’s influence in global technology,

finance, and energy markets.

Data as the New Strategic Asset

Data has become one of the most

valuable economic resources in the

modern world. Governments and businesses

rely on data analytics to guide

decision-making, optimise operations,

and unlock new business opportunities.

Within the GCC, national digital strategies

are placing significant emphasis on

data governance, cloud infrastructure,

and smart city development.

The UAE, for example, has built an

extensive digital government ecosystem

that relies on advanced data platforms

to deliver services more efficiently.

Smart city initiatives in Dubai and

Abu Dhabi generate large volumes

of real-time data that can be used to

improve transportation systems, urban

planning, and public services.

At the same time, regional governments

are developing regulatory

frameworks to ensure that data is

managed securely and responsibly. Data

protection laws and digital governance

policies are becoming increasingly

important as digital economies expand.

This growing focus on data is helping

the GCC transition towards knowledge-based

economies where innovation,

research, and digital capabilities

drive economic growth.

Artificial Intelligence Driving

Innovation

Artificial intelligence is rapidly becoming

a cornerstone of the GCC’s

economic transformation. Governments

across the region are integrating AI

into sectors ranging from healthcare

and finance to energy and logistics.

The UAE has taken a particularly

proactive approach, becoming one

of the first countries in the world to

appoint a dedicated Minister for Artificial

Intelligence. National strategies

aim to integrate AI technologies across

government operations, business environments,

and research institutions.

Companies operating in the GCC are

also investing heavily in AI applications

designed to improve productivity and

efficiency. Financial institutions are

deploying AI for fraud detection and

risk management, while logistics companies

are using predictive analytics

to optimise supply chains.

AI innovation hubs and research

partnerships are also emerging across

the region. Technology zones in cities

such as Dubai and Riyadh are attracting

global technology firms, start-ups, and

venture capital investment.

These initiatives are positioning the

GCC as an emerging center for artificial

intelligence development and digital

innovation.

Energy Transformation and Global

Influence

Energy remains a fundamental pillar of

the GCC’s economic strength, but the

region is rapidly expanding its energy

strategy to include renewable sources

and advanced energy technologies.

While oil and gas continue to play an

important role, governments are investing

heavily in solar power, hydrogen,

and other clean energy solutions.

The UAE has launched several largescale

renewable energy projects designed

to reduce carbon emissions

while maintaining energy security.

Solar parks in Dubai and Abu Dhabi

rank among the largest in the world,

demonstrating the region’s ability to

combine traditional energy expertise

with sustainable innovation.

Hydrogen is also gaining increasing

attention as a potential future energy

source. Several GCC countries

are developing hydrogen production

projects aimed at supplying international

markets seeking cleaner energy

alternatives.

These investments are allowing

the region to maintain its global energy

leadership while adapting to the

changing dynamics of the international

energy market.

Advanced technologies

such as artificial

intelligence and data

analytics are central to

building future economies

and sustainable growth.”

H.E. Omar Sultan Al Olama, Minister of

State for Artificial Intelligence, Digital

Economy and Remote Work Applications,

UAE Government

Building Digital and Energy

Infrastructure

A key factor supporting the GCC’s

economic transformation is the largescale

investment in infrastructure.

Governments are allocating significant

resources to digital connectivity,

cloud computing facilities, and energy

networks.

Data centres are being developed

across the UAE and other GCC markets

to support the rapid expansion of digital

services. These facilities provide the

computing power required for artificial

intelligence applications, financial

platforms, and smart city technologies.

Energy infrastructure is also evolving

as countries modernise electricity grids

and expand renewable energy capacity.

Smart grid technologies allow utilities

to manage electricity supply more efficiently

while integrating renewable

power sources.

This combination of digital and energy

infrastructure is creating the foundation

for a more resilient and technologically

advanced regional economy, enabling

growth and competitiveness.

May 2026 www.thefinanceworld.com 59


Global News

EGA to Acquire

Majority Stake in

Italian Aluminium

Recycling Firm

Emirates Global Aluminium

(EGA) has entered into an

agreement to acquire an 80%

stake in Eco Green, an Italy-based

aluminium recycling company, as part

of its broader international growth

strategy. The financial details of the

transaction were not disclosed and

remain subject to regulatory approvals.

Following the acquisition, EGA’s total

recycling capacity will exceed 400,000

tonnes annually across the UAE, Europe,

and the US. An additional 200,000

tonnes of capacity is currently being

developed across facilities in Europe

and the US. According to CEO Abdulnasser

bin Kalban, EGA is accelerating

the development of its global aluminium

recycling platform alongside the

expansion of its primary aluminium

operations. He noted that, upon completion,

Eco Green will strengthen

EGA’s presence and capabilities within

the European aluminium scrap market,

supporting the region’s sustainability

objectives.

UAE Conducts High-Level Meetings in Washington

to Boost Partnerships

Mohamed bin Hadi Al Hussaini,

Minister of State for

Financial Affairs, held a series

of bilateral meetings with finance

ministers and senior international

officials on the sidelines of the

World Bank Group and International

Monetary Fund Annual Meetings.

Moreover, he led the UAE delegation

during discussions held in Washington.

The meetings included officials from

the United States, France, United

Kingdom, Canada, Argentina, Switzerland,

and Norway. Additionally, the

talks focused on expanding financial

cooperation and reviewing fiscal and

taxation priorities of shared interest.

During a meeting with U.S. Treasury

Secretary Scott Bessent, Al Hussaini

discussed opportunities to strengthen

strategic cooperation across financial

and economic sectors, while advancing

long-term bilateral investment and

policy coordination initiatives.

UAE Expands Financial Partnerships During IMF

and World Bank Meetings

The UAE strengthened its profile

in global financial policy

discussions during the Spring

Meetings of the World Bank Group

and the International Monetary Fund,

held in Washington from 13 to 18 April

2026. Moreover, the UAE delegation

delivered outcomes through multilateral

participation and high-level

bilateral engagements involving senior

government officials. The delegation

was led by Mohamed bin Hadi Al Hussaini,

Minister of State for Financial

Affairs. Additionally, discussions focused

on the global economic outlook,

financial stability priorities, and ways

to strengthen the resilience of the

international financial system amid

current challenges. The meetings also

supported deeper cooperation with

international financial institutions and

global counterparts. As a result, the

UAE said the engagements contributed

to strengthening strategic partnerships

and expanding dialogue on development

and fiscal coordination.

DarGlobal Picks Contractor for ‘Beverly Hills Of Jeddah’ Amaya Project with

Trump Plaza

Dar Global has named a contractor

for its large-scale Amaya

development in Jeddah, a project

covering nearly one million square

meters and positioned as an upscale

residential community often likened

to a “Beverly Hills”-style destination.

The Amaya development is planned

as a mixed-use urban district, bringing

together residential, commercial,

and lifestyle elements within a single

integrated environment, with a focus

on connectivity, landscaped spaces,

and contemporary infrastructure. A

major highlight of the project is Trump

Plaza Jeddah, a flagship mixed-use hub

being developed in partnership with

The Trump Organization, set to include

luxury residences, office spaces, retail

offerings, and premium lifestyle amenities,

reinforcing Jeddah’s appeal as a

global luxury investment and tourism

destination in the rapidly expanding

Saudi market.

60 www.thefinanceworld.com May 2026


India, Sri Lanka Consider Cross-Border Oil Pipeline

Indian Vice President C P

Radhakrishnan and Anura Kumara

Dissanayake held talks on a proposal

to link India and Sri Lanka through an oil

pipeline, according to Foreign Secretary

Vikram Misri. Moreover, the discussion

highlights ongoing efforts to strengthen

bilateral energy cooperation. The two

leaders also reviewed broader areas of

cooperation aimed at deepening bilateral

relations. Additionally, discussions

covered housing initiatives and fisheriesrelated

issues affecting both countries.

Misri said both sides examined ongoing

Indian-led initiatives and proposals

already discussed between the two

governments. Furthermore, he pointed

to the Trincomalee energy hub project

and the oil pipeline proposal as key

developments under consideration,

supporting long-term regional economic

integration.

National Properties

Advances $272M Mixed-

Use Asset towards

Handover in Dubai

National Properties, the real

estate arm of National Bonds,

has confirmed that 97% of construction

is complete on its flagship

mixed-use development, 399 Hills

Park, located within Dubai Hills Estate.

The project has now entered its

final delivery stage ahead of handover.

This progress aligns with continued

demand for high-quality residential

assets in Dubai, as the emirate further

consolidates its positioning as a global

hub for premium living and long-term

property investment. The development

comprises 399 residential units across

two modern towers, with a total value

exceeding AED1 billion ($272.2 million).

It has been conceptualized to

offer a lifestyle-centric environment,

supported by landscaped surroundings

and community-focused design

elements.

UAE Economy Maintains Strong Global Momentum

in Early 2026

The UAE economy has sustained

robust momentum in early 2026,

supported by strong performance

across banking, trade, and

investment sectors. Data highlights

continued expansion, with total

banking assets exceeding AED 5.47T,

alongside steady growth in credit and

deposits. Foreign trade and non-oil activity

have also remained key drivers,

underpinned by strategic economic

Apple has appointed John Ternus

as its next chief executive,

confirming he will replace Tim

Cook, who is stepping down after 15

years at the helm. Ternus, currently

head of hardware engineering, will

assume the role on 1 September, while

Cook will transition to executive chairman.

Cook will remain chief executive

through the summer to support the

leadership handover. Moreover, Apple

said it will continue assisting the

company after the transition, including

work related to engagement with policymakers

globally. Cook has led Apple

since 2011, taking over after Steve

Jobs resigned for health reasons shortly

before his death. Additionally, his

decision followed months of market

agreements and diversification efforts.

The country’s stable macroeconomic

environment continues to attract

global capital and investor confidence.

As the UAE strengthens its position

as a leading global hub, its ability to

balance growth with stability highlights

a mature, adaptable economy

navigating global uncertainties while

sustaining long-term development and

competitiveness.

Apple Appoints John Ternus as CEO as Tim

Cook Steps Down

speculation that Apple was preparing

for a succession plan, particularly as

the company recently marked its 50th

anniversary.

May 2026 www.thefinanceworld.com 61


Honor 600 Pro:

Flagship Power Meets Next-Gen Imaging

Honor 600 Pro strengthens Honor’s position in the premium smartphone segment, blending high-performance hardware with

advanced AI-driven photography. Designed for users who demand speed, camera excellence, and a refined display experience,

the device focuses on delivering flagship-level capabilities with a strong emphasis on imaging, AI, and battery innovation. With

a sleek design, powerful chipset, and enhanced imaging system, the Honor 600 Pro is positioned to appeal to both content

creators and everyday power users.

Confirmed Specs: Performance and Precision Combined

Design

Slim glass-metal build with

curved edges and premium

matte finish

Display

6.78-inch OLED, ~1.5K resolution,

120Hz refresh rate

Connectivity

5G, Wi-Fi 6/6E/7 (variant dependent),

Bluetooth 5.3+, NFC

Processor

Snapdragon 8 Elite (3nm

architecture)

Battery

7,000mAh long-life battery

with 80W fast charging

Ram

12GB / 16GB

Storage

256GB / 512GB

Cameras

200MP Ultra-Clear AI Night

Camera (1/1.4-inch sensor), Ultra-wide

camera, Telephoto lens

with up to 120x zoom, High-resolution

front camera

Software

+ MagicOS 10.0

62 www.thefinanceworld.com May 2026


Performance & Software

Optimization

Running on MagicOS 10.0, the device delivers a more

intelligent and fluid user experience. AI-powered features

such as writing tools, summaries, and Magic Portal

enhance productivity and multitasking across apps.

Powered by the Snapdragon 8 Elite chipset, built on a

3nm process, the Honor 600 Pro delivers a significant

boost in performance, with notable gains in both CPU

and GPU efficiency. This enables smooth gaming,

real-time AI processing, and seamless multitasking.

Advanced battery management ensures sustained performance

without excessive power consumption, while

features like AI translation, subtitles, and deepfake

detection enhance usability and security.

Cross-device integration is also a key highlight,

with HONOR Connect enabling seamless interaction

with Apple devices, including file sharing, notification

syncing, and hotspot connectivity.

Performance Highlights

200MP AI Night Camera — Flagship-level imaging

with advanced low-light performance

Snapdragon 8 Elite — Next-generation flagship performance

on 3nm architecture

7,000mAh Battery — Segment-leading capacity with

fast charging

Premium Positioning — Upper mid-range to flagship

pricing

Iterative Design — Evolution rather than a major

redesign

Software Familiarity — MagicOS experience remains

consistent in structure

Global Launch & UAE

Availability

Pros

Cons

Launch Date: April 2026

UAE Availability: Available for pre-order

starting from AED 1,599

Exceptional camera system with advanced

AI features

Industry-leading battery capacity with

fast charging

Smooth OLED display with high refresh

rate

Powerful flagship chipset with strong

efficiency

Advanced AI tools for creativity and

productivity

Premium pricing compared to competitors

Design remains familiar rather than radically

new

AI features may vary depending on updates

or usage

Ecosystem still developing compared to

larger brands

Final Thoughts

The Honor 600 Pro delivers a refined flagship experience with a strong emphasis on AI, imaging, and battery innovation. Rather

than reinventing the smartphone, it enhances the areas that matter most to modern users: camera performance, intelligent features,

and all-day reliability. With its combination of a 200MP AI camera, Snapdragon 8 Elite processor, and a segment-leading

7,000mAh battery, the device positions itself as a compelling contender in the 2026 premium smartphone landscape.

May 2026 www.thefinanceworld.com 63


Funding and Investment News

UAE Startup Funding Remains Resilient Despite Broader MENA Slowdown

Startup funding across the Middle

East and North Africa has shown

signs of slowdown in recent

months, yet the United Arab Emirates

continues to demonstrate resilience,

maintaining steady investment activity.

While overall regional funding has

declined due to fewer large deals and

cautious investor sentiment, the UAE

has retained its position as a leading

hub for venture capital, attracting a

significant share of total investments.

Early-stage funding remains active, signalling

sustained confidence in emerging

ventures despite macroeconomic and

geopolitical uncertainties. Investors

are increasingly prioritizing startups

with strong fundamentals, scalable

business models, and clear paths to

profitability. This shift reflects a more

disciplined investment environment

rather than a withdrawal of capital.

As the ecosystem matures, the UAE’s

stable regulatory framework and global

connectivity continue to support consistent

funding flows and reinforce

its role as a key innovation center for

regional entrepreneurial growth.

EU Reinstates Somalia Mission Funding With USD

87M Support Package

The European Union has resumed

financial support for the African

Union’s stabilization mission in

Somalia, approving a €75M (USD 87M)

package to strengthen security operations.

The funding, provided through

the European Peace Facility, is aimed

at enhancing the mission’s operational

capacity, including troop allowances,

logistics, and essential non-lethal equipment.

This move marks a significant

shift after a period of reduced contributions,

reaffirming the EU’s role as

a key backer of peacekeeping efforts

in the region. The support is intended

to help counter ongoing threats from

extremist groups and stabilize affected

areas while protecting civilians. With

this latest allocation, the EU’s total

contribution to AU-led missions in

Somalia approaches €2.8B, highlighting

its long-term commitment to regional

security, governance, and sustainable

peacebuilding initiatives.

Qatar Chamber And Uzbekistan Explore Investment

Opportunities

Qatar Chamber has held discussions

with officials and business representatives

from Uzbekistan to

explore avenues for expanding investment

cooperation and strengthening economic

ties. The talks focused on identifying opportunities

across key sectors, including

agriculture, industry, tourism, and infrastructure,

while encouraging closer collaboration

between private sector players

in both countries. Both sides highlighted

the importance of facilitating trade,

supporting joint ventures, and creating a

favourable environment for cross-border

investments. The engagement reflects a

shared commitment to enhancing economic

partnerships and unlocking new growth

prospects through diversified cooperation.

Qatar Chamber emphasized its role in

connecting businesses and promoting

international partnerships, while Uzbekistan

showcased its investment potential

and economic reforms. The initiative is

expected to drive increased trade flows,

foster business collaboration, and deepen

long-term economic relations.

Global Capital Shifts as

Investors Navigate

Market Volatility

Global capital flows are increasingly

being redirected towards the UAE

as investors seek stability amid

ongoing market volatility and geopolitical

uncertainty. The country’s strong regulatory

framework, diversified economy,

and proactive policy approach have reinforced

its appeal as a secure destination

for investment. Financial markets

in the UAE are benefiting from sustained

liquidity, institutional confidence, and a

steady pipeline of opportunities across

sectors such as finance, technology, and

infrastructure. This shift reflects a broader

transformation in global capital allocation,

where resilience and long-term growth

potential are prioritized over short-term

gains. The UAE’s ability to maintain economic

stability while adapting to global

disruptions has positioned it as a key

hub for capital deployment, attracting

both regional and international investors

looking for reliable markets.

64 www.thefinanceworld.com May 2026


Oman’s Salalah Free

Zone Attracts USD 14.2B

In Total Investments

Total investment in Oman’s Salalah

Free Zone has reached approximately

USD 14.2B, underscoring

its growing role as a major industrial

and logistics hub in the region. The

zone continues to attract both local and

international investors across sectors

such as manufacturing, petrochemicals,

and logistics. Its strategic location

near the Port of Salalah, along key

global routes, enhances connectivity

between Asia, Africa, and the Middle

East, strengthening its appeal for

cross-border trade. Investor-friendly

policies, including tax incentives, full

foreign ownership, and streamlined

procedures, have further supported

sustained inflows. The expansion

reflects Oman’s broader economic

diversification strategy, with the free

zone playing a critical role in boosting

non-oil growth, generating employment,

and positioning the country as

a competitive destination.

Qatar Focuses On Strategic FDI As Global

Competition For Investment Intensifies

Qatar is sharpening its focus on

attracting long-term, strategic

foreign direct investment as

competition for global capital and

talent continues to intensify. Officials

highlight that despite economic uncertainty

and rapid technological shifts,

the country remains well-positioned

due to its stable policy environment

and forward-looking economic vision.

Emphasis on innovation and diversification

is central to its investment

strategy beyond 2026, supporting

sustainable growth across sectors.

Industry leaders and investors have

pointed to Qatar’s strong track record

of resilience during past global crises,

reinforcing confidence in its economic

stability. Through expanded global engagement

across key markets in Asia,

Europe, and North America, Qatar aims

to strengthen investor relationships

and unlock new opportunities. This

approach underscores its ambition to

remain a competitive destination for

international investment.

Saudi Tech Startup Signit Raises USD 15M To

Advance AI Contract Management

Saudi-based startup Signit has

secured USD 15M in a Series

A funding round to expand its

AI-powered contract management

platform across the Kingdom. The

round was led by Raed Ventures,

with participation from STV, Seedra

Ventures, Takamol Ventures, and Suhail

Ventures. Founded in 2021, the

company provides digital signature

solutions alongside contract lifecycle

management tools, serving over 700

clients across government, financial

services, healthcare, and enterprise

sectors. The new funding will support

the development of advanced AI capabilities,

including automated drafting,

negotiation, and compliance features,

as well as an intelligent contract assistant.

Signit is also strengthening its

digital trust infrastructure to ensure legally

binding and secure transactions.

The move reflects growing demand for

integrated, AI-driven solutions that

streamline contract processes and

improve operational efficiency.

Investcorp Capital Deploys

USD 200M Into US Residential

Real Estate

Abu Dhabi-listed Investcorp

Capital has invested USD 200M

in US residential real estate,

expanding its footprint in key housing

segments. The acquisition includes a

multifamily residential community in

New Jersey and two senior housing

assets located in California and New

York. The move reflects the firm’s

strategy to capitalize on sustained

demand for residential and senior

living properties across major US

markets. By targeting income-generating

assets in established locations,

Investcorp aims to enhance portfolio

resilience and deliver stable returns.

The investment also underscores the

growing trend of cross-border capital

flows into US real estate, driven by

strong fundamentals and demographic

demand. With residential and industrial

assets forming a significant portion

of its holdings, the firm continues to

strengthen its position as a leading

global investor with expanding international

real estate exposure.

May 2026 www.thefinanceworld.com 65


Corporate Results

Saudi Aramco

FY’25 Net Profit: $104.7

Billion

Saudi Aramco reported 2025 net income

of $104.7 billion, reflecting robust

profitability despite a lower oil-price

environment. Operating cash flow

reached $136.2 billion, while free cash

flow totaled $85.4 billion, underpinning

both heavy capital investment

and strong shareholder distributions.

Management highlighted “Technology

Realized Value” of $5.3 billion from artificial

intelligence and digital initiatives

that enhanced efficiency and margins

across the portfolio. The company reiterated

its strategy of investing through

the cycle in upstream capacity, gas, and

low-carbon solutions, positioning Aramco

to support growing global energy

demand and the Kingdom’s long-term

diversification agenda.

ADNOC Gas

FY’25 Net Profit: $5.2 Billion

ADNOC Gas delivered record 2025 net

income of $5.2 billion, a 3% increase

year-on-year, underscoring structurally

resilient earnings across commodity

cycles. Domestic gas EBITDA rose 10%

on the back of 4% volume growth and

improved commercial terms, reflecting

strong UAE demand and optimized longterm

contracts. The board endorsed a

$3.6 billion dividend for 2025, highlighting

the company’s robust cash-generation

profile. ADNOC Gas is advancing major

growth projects, with final investment

decisions for phases two and three of

the Rich Gas Development expected in

early 2026, supporting a planned 30%

increase in processing capacity by 2029

and reinforcing the UAE’s gas self-sufficiency

goal.

ADNOC Drilling

FY’25 Net Profit: $1.45 Billion

ADNOC Drilling reported its best year on

record in 2025, with net profit reaching

$1.45 billion on revenue of $4.9 billion,

up 22% year-on-year. EBITDA stood at

approximately $2.2 billion, reflecting

high rig utilization, strong execution

in integrated drilling services, and

continued fleet expansion. Management

emphasized that growth was

broad-based across onshore, offshore,

and unconventional operations as Abu

Dhabi’s long-term production capacity

program accelerates. The company

described 2025 as a “step change” in

scale and technology-enabled performance,

underlining its role as a critical

enabler of ADNOC’s upstream targets

and signaling confidence in sustaining

elevated dividends alongside disciplined

capex.

Dubai Electricity and Water

Authority (DEWA)

FY’25 Net Profit: AED 9.1

Billion

DEWA delivered the strongest financial

performance in its history in 2025,

with consolidated revenue rising 6.0%

year-on-year to AED 32.84 billion. Net

profit after tax surged 25.6% to AED 9.1

billion, supported by higher demand for

electricity, water, and cooling services

across Dubai’s expanding economy.

EBITDA reached AED 17.37 billion,

reflecting sustained operational efficiency

and scale benefits. Clean energy

generation exceeded 10 terawatt-hours

for the first time and accounted for

over 16% of total output, reinforcing

DEWA’s central role in the UAE Net

Zero 2050 strategy and supporting a

resilient dividend profile backed by

strong cash flows.

Dubai Islamic Bank (DIB)

FY’25 Net Profit (Pre-Tax): AED

9.0 Billion

Dubai Islamic Bank, the UAE’s largest

Islamic bank, posted strong 2025 results

with revenue rising to AED 13.3 billion,

driven by solid funded and non-funded

income. Pre-tax profit increased

20% year-on-year to AED 9.0 billion,

underpinned by healthy volumes and

a sharply improved cost of risk. Total

assets grew 21% to AED 416 billion,

reflecting strong growth in net financing

and sukuk investments. Asset quality

strengthened, with the non-performing

financing ratio improving to 2.65%

and impairment charges moderating

to AED 485 million, supporting one

of the lowest cost-of-risk profiles in

the market.

du

FY’25 Net Profit: AED 2.9

Billion

UAE operator du reported record 2025

net profit of AED 2.9 billion, nearly

17% higher than 2024, as subscriber

additions and data usage drove growth.

Revenue rose 8.7% to AED 15.9 billion,

exceeding guidance and reflecting

broad-based strength across mobile,

fixed, and ICT services. EBITDA increased

13.4% to AED 7.3 billion, with

margins expanding to 46.1% due to disciplined

cost management and a favorable

revenue mix. The company announced

its highest-ever dividend, signaling

confidence in earnings sustainability

and its evolving role in the UAE’s 5G

and digital services ecosystem.

66 www.thefinanceworld.com May 2026


Ooredoo Group

FY’25 Net Profit: QAR 3.9

Billion

Ooredoo Group delivered a fourth

consecutive year of double-digit profit

growth in 2025, with net profit rising 12%

to QAR 3.9 billion. Revenue increased 4%

to QAR 24.6 billion, or 6% excluding the

Myanmar exit, while EBITDA grew 5% to

QAR 10.5 billion, delivering a 42.6% EBIT-

DA margin. The customer base reached

147.1 million across MENA and Asia, reflecting

continued expansion of its digital

infrastructure footprint. The board

proposed a QAR 0.75 cash dividend per

share, 15% higher year-on-year, aligned

with its progressive dividend policy and

strategy to evolve into a regional digital

infrastructure leader.

Mobily (Etihad Etisalat)

FY’25 Net Profit: SAR 3.47

Billion

Mobily posted 2025 revenue of SAR

19.64 billion, up 7.9% from SAR 18.21

billion in 2024, as all major revenue

streams expanded alongside a growing

subscriber base. Net profit increased

11.6% to SAR 3.47 billion, driven by

topline growth and higher EBITDA.

Management described 2025 as another

year of strong operational execution and

expects similar revenue performance

in 2026, supported by network investments

and digital service expansion.

The results reinforce Mobily’s position

in Saudi Arabia’s increasingly competitive

telecom and ICT market.

Bank Muscat

FY’25 Net Profit: RO 255.54

Million

Bank Muscat reported 2025 net profit

of OMR 255.54 million, a 13.3% increase

versus OMR 225.58 million in 2024. Net

interest and Islamic financing income

grew 3.8% to OMR 413.01 million, while

non-interest income rose 20.1% to OMR

174.18 million on higher business volumes

and investment gains. Operating

expenses increased 6.5%, but lower

impairment charges supported earnings

growth. Total assets rose 8.6% to

OMR 15.1 billion, with net loans up

4.8% and customer deposits increasing

6.7%, underscoring its central role in

Oman’s banking system.

QNB Group

FY’25 Net Profit: USD 4.7

Billion

QNB Group reported 2025 net profit of

QAR 17.0 billion (approximately $4.7

billion), up 2% year-on-year. Profit before

Pillar Two taxes rose 10% to QAR

18.4 billion. Operating income increased

8% to QAR 44.8 billion, supported by

diversified revenue across its international

network. Total assets rose 7% to

QAR 1,391 billion, driven by 12% loan

growth, while deposits increased 8% to

QAR 955 billion. Asset quality remained

strong with a 2.6% non-performing

loan ratio and full coverage, while the

capital adequacy ratio stood at 19.3%

and liquidity coverage at 144%.

Kuwait Finance House (KFH)

FY’25 Net Profit: KD 632.1

Million

Kuwait Finance House recorded 2025

net profit attributable to shareholders

of KD 632.1 million, a 5% increase yearon-year

and the highest in Kuwait’s

banking sector. Earnings per share

rose 5.8% to 35.64 fils. Net operating

income climbed 10.7% to KD 1.2 billion,

while net financing income grew 11.5%

to around KD 1.3 billion, supported by

expanding Islamic banking activity.

Total assets increased 16.5% to KD

42.8 billion, with a capital adequacy

ratio of 19.81%, well above regulatory

requirements, supporting continued

regional expansion.

First Abu Dhabi Bank (FAB)

FY’25 Net Profit: AED 21.11

Billion

First Abu Dhabi Bank delivered record

2025 net profit of AED 21.11 billion, a

24% increase versus 2024, with profit

before tax rising 27% to AED 25.20

billion. Operating income grew 16%

to AED 36.68 billion, driven by broadbased

growth across businesses and

geographies. Return on tangible equity

reached 19.2%, placing FAB among the

most profitable AA-rated banks globally.

The strong performance supported

a record AED 8.84 billion dividend

proposal, even as the bank continues

investing in digital capabilities and

cross-border expansion across the

MENA region.

May 2026 www.thefinanceworld.com 67


Trade

Source: Ai generated

Digital trade platforms and verified data are transforming supply chain transparency across the UAE’s trade ecosystem

Why Data Is Becoming

the New Currency Of

Trust In Global Trade

Data is Becoming the Invisible Collateral,

Strengthening Trust and Transparency in Global

Trade

Global trade is increasingly being shaped

by digital transformation, where data is

emerging as a critical asset in building

trust between businesses, financial institutions,

and regulators. Traditionally,

international trade relied on physical documentation,

bank guarantees, and collateral

to secure transactions. Today, digital

information such as shipment records,

transaction histories, and supply chain

data is becoming an essential tool for

verifying credibility and managing risk. In

the United Arab Emirates, a major global

trading and logistics hub, digital trade

platforms and advanced data systems are

strengthening transparency across supply

chains. These developments are helping

businesses access financing and improve

confidence in international commerce.

68 www.thefinanceworld.com May 2026


Global trade has long depended

on trust, documentation, and financial

guarantees to ensure that

transactions between buyers and sellers

are completed securely. Traditionally,

physical assets, bank guarantees, and

letters of credit served as the foundation

for this trust. Today, however,

digital transformation is reshaping

the mechanics of global commerce.

Data is emerging as a powerful new

form of invisible collateral, enabling

businesses, financial institutions, and

governments to verify transactions,

assess risks, and build confidence in

international trade. In the United Arab

Emirates, where trade, logistics, and

financial services are central to economic

growth, data-driven systems

are increasingly strengthening transparency

and efficiency across global

supply chains.

Data as the New Foundation of

Trade Confidence

In modern trade ecosystems, the value

of reliable data has grown significantly.

Information related to shipping records,

supplier history, financial transactions,

and compliance documentation is

now essential for verifying the credibility

of businesses involved in global

commerce.

The UAE has invested heavily in

digital trade platforms that allow

companies, banks, and government authorities

to access verified information

quickly. These platforms help reduce

delays associated with traditional

paper documentation and improve the

accuracy of trade records.

When reliable data is available in

real-time, financial institutions can

better evaluate creditworthiness, verify

shipments, and monitor trade activity.

As a result, trade transactions become

more transparent and less risky for all

participants.

This transformation is particularly

important in global trade hubs such as

Dubai and Abu Dhabi, where thousands

of companies operate across complex

international supply chains.

The Role of Digital Trade Platforms

in the UAE

The UAE has been actively developing

digital trade infrastructure to support

its position as a global logistics and

commerce hub. Ports, free zones, and

customs authorities have integrated

advanced digital platforms that enable

businesses to manage trade documentation

electronically.

These systems allow companies to

track shipments, verify product origins,

and manage customs procedures more

efficiently. By digitising trade processes,

the UAE has reduced administrative

barriers and improved the speed at

which goods move across borders.

Financial institutions also benefit

from these systems because they

provide accurate trade data that can

support financing decisions. Instead of

relying solely on traditional collateral,

lenders can assess the credibility of

a transaction using verified digital

records.

This shift is helping create a more

dynamic and accessible trade finance

ecosystem.

Supporting Trade Finance Through

Data Transparency

Trade finance plays a crucial role in

enabling global commerce by providing

the capital businesses need to

complete international transactions.

Digital technologies and

data-driven systems are

transforming global trade,

creating more efficient,

transparent, and resilient

supply chains.”

H.E. Dr. Thani bin Ahmed Al Zeyoudi,

Minister of State for Foreign Trade, UAE

Ministry of Economy

However, many small and medium-sized

enterprises have historically struggled

to access trade finance due to limited

credit history or insufficient collateral.

Data-driven systems are helping

address this challenge by providing

lenders with greater visibility into

trade activities. Information such as

shipping records, transaction histories,

and supplier performance can be used

to evaluate credit risk more accurately.

In the UAE, financial institutions

are increasingly using digital data to

support trade financing decisions. This

approach enables banks to extend

financing to a wider range of businesses

while maintaining strong risk

management practices.

For exporters and importers operating

in the region, this greater access

to financing can significantly improve

their ability to participate in international

markets.

Strengthening Supply Chain

Transparency

Global supply chains have become

increasingly complex, involving multiple

suppliers, logistics providers, and

financial institutions across different

jurisdictions. Managing this complexity

requires accurate and reliable information

at every stage of the supply chain.

Digital technologies such as blockchain

and advanced data analytics are

helping create more transparent supply

chain networks. These technologies

allow stakeholders to track goods from

origin to destination while maintaining

secure records of every transaction.

In the UAE, logistics companies and

trade authorities are adopting digital

tracking systems to improve supply

chain visibility. Real-time data helps

businesses identify potential disruptions,

verify product authenticity, and

ensure compliance with international

regulations.

This level of transparency strengthens

trust between trading partners and

reduces the likelihood of disputes or

fraud.

Overall, the growing use of data

across trade ecosystems is enhancing

transparency, efficiency, and trust

among global markets, positioning

the UAE as a leader in digital trade

transformation. As digital adoption

accelerates, data-driven systems will

play an important role in shaping the

future of international commerce.

May 2026 www.thefinanceworld.com 69


Fintech News

UAE Fintech Sector Projected to Reach $5.71B by 2029

The United Arab Emirates continues

to strengthen its position as one

of the world’s leading centers in

the FinTech sector, supported by an

integrated ecosystem that combines

advanced digital infrastructure, flexible

regulatory frameworks, and increasing

global investment flows. These factors

have helped transform the country into

a platform for developing innovative

financial solutions across areas like

digital payments, digital banking services,

embedded finance, and digital

assets. Market observers expect the

sector to continue expanding rapidly

in the coming years as adoption of

financial technologies accelerates. Two

of the country’s key financial hubs, the

Dubai International Financial Centre

(DIFC) and Abu Dhabi Global Market

(ADGM), play a central role in the

sector’s growth.

Abu Dhabi Deepens

Italy Ties to Boost

Cross-Border Capital

Flows in Milan

Abu Dhabi has reinforced its financial

engagement with Italy through a

series of high-level meetings in

Milan, bringing together global financial

institutions, investors, and industry

stakeholders. The discussions centered

on enhancing capital flows, enabling

cross-border expansion, and identifying

new structuring opportunities across

key sectors. The initiative reflects Abu

Dhabi’s broader strategy to strengthen

its global financial connectivity while

leveraging its stable regulatory environment

and investor-friendly ecosystem.

These engagements also align with the

UAE–Italy strategic partnership, aimed

at advancing cooperation in areas such

as financial services, manufacturing,

and innovation-driven industries. By

fostering deeper collaboration with

European markets, Abu Dhabi continues

to position itself as a global hub

for capital deployment, facilitating

international investment flows and

supporting long-term economic growth

through strategic partnerships and

integrated financial frameworks.

Sahm Secures DFSA Licence to Drive UAE Expansion

Through DIFC

Sahm has obtained regulatory approval

from the Dubai Financial

Services Authority, enabling it to

expand its presence within the Dubai

International Financial Centre. This

allows the firm to offer services under

a globally recognized regulatory

framework. This move forms part of

Sahm’s broader regional growth strategy,

aimed at tapping into increasing

The Central Bank of the UAE has

directed all banks and licensed

financial institutions to discontinue

the use of messaging platforms

such as WhatsApp for delivering financial

services or handling customer

data. The move is designed to enhance

consumer protection and uphold strict

data security standards across the financial

system. Authorities highlighted

growing risks linked to these platforms,

including fraud, impersonation, account

takeovers, and social engineering

threats. Additional concerns relate to

the potential exposure or storage of

sensitive customer information outside

the UAE, raising data residency

issues. Under the directive, institutions

must transition customers to approved

demand for digital investment platforms

and wealth management solutions.

Operating from DIFC provides access

to a diverse investor base, robust legal

infrastructure, and an internationally

aligned financial ecosystem. Now,

Sahm is well-positioned to scale, enhance

customer trust, and support the

continued development of innovative

financial services in the region.

UAE Central Bank Prohibits WhatsApp Use in

Financial Services Over Security Risks

channels such as mobile banking apps,

online platforms, and call centers,

while strengthening internal controls

and compliance frameworks. Firms are

required to implement these changes

within the specified timeline or face

potential regulatory penalties.

70 www.thefinanceworld.com May 2026


Stake and ACE & Company Partner to Strengthen UAE Real Estate Liquidity

Stake has entered a strategic partnership

with ACE & Company

to enhance liquidity within the

UAE’s fractional real estate investment

market. The collaboration will focus

on developing a secondary transfer

framework, enabling investors to buy

and sell stakes in property assets more

efficiently. By combining Stake’s digital

investment platform with ACE & Company’s

expertise in private markets and

secondary transactions, the initiative

aims to improve pricing transparency,

flexibility, and investor confidence. This

will address one of the key challenges

in fractional ownership, limited exit

options, while supporting a structured

and scalable investment ecosystem.

As demand grows, the partnership is

expected to strengthen market infrastructure,

attract broader participation,

and position the UAE as a leading hub

for innovative, technology-driven property

investment solutions.

Dubai South and

Emirates NBD Partner

to Enhance SME

Banking Access

Dubai South has entered into

a strategic agreement with

Emirates NBD to strengthen

banking access and financial support

for small and medium-sized enterprises

operating in its ecosystem. The

collaboration is designed to simplify

account opening procedures, onboarding,

and provide tailored banking

solutions aligned with business requirements.

By integrating efficient

financial services into its business

environment, Dubai South aims to

improve operational ease and support

company growth. The partnership reflects

a broader effort to create a more

business-friendly ecosystem, enabling

faster access to essential financial

tools and services. It also aligns with

Dubai’s wider economic ambitions to

foster entrepreneurship, attract investment,

and enhance its position as

a global business hub by empowering

SMEs with the infrastructure needed

for sustainable expansion.

Speedinvest Launches MEA Growth Fund to

Back Early-Stage Startups

Speedinvest has introduced its

first dedicated growth fund targeting

early-stage and scaling

startups across the Middle East and

Africa, marking a significant step in

its regional expansion. The fund is

supported by major institutional investors,

including Mubadala Investment

Company, Qatar Investment Authority,

and EIB Global, reflecting confidence

in the region’s potential. Designed to

formalize and extend Speedinvest’s existing

footprint, the initiative combines

BurjX has strengthened its digital

asset offering by introducing

multi-chain stablecoin support,

enabling seamless transfers across major

blockchain networks within a regulated

UAE framework. This allows clients to

transact using stablecoins such as USDT

and USDC across networks, including

Tron, BNB Smart Chain, Solana, and

Stellar, alongside its existing Ethereum

infrastructure. This expanaion provides

greater flexibility in managing transaction

speed, cost efficiency, and liquidity. The

move reflects the growing role of stablecoins

in payments, trading, and treasury

operations in cross-border transactions.

dedicated capital, local expertise, and

long-term partnerships to help startups

scale across borders. Investment will

focus on high-growth sectors such as

fintech, embedded finance, artificial

intelligence, climate technology, and

digital infrastructure. By strengthening

connections between Europe and MEA

markets, the fund aims to accelerate

innovation, improve access to capital,

and support the development of

resilient startup ecosystems across

emerging and established markets.

BurjX Expands Multi-Chain Stablecoin Support

Across Global Blockchains

Supported by secure custody technology

and aligned with Abu Dhabi’s regulatory

environment, BurjX aims to deliver a

compliant and scalable infrastructure

that bridges traditional finance with

digital asset ecosystems.

May 2026 www.thefinanceworld.com 71


Economy

Source: Ai generated

Digital trading platforms and investment apps are increasing retail investor participation across UAE capital markets

The Rise Of The Retail

Investor And The

Transformation Of

Private Markets

Growing Retail Investor Participation is

Transforming Private Markets and Expanding

Investment Opportunities in the UAE

Retail investors are playing an increasingly

influential role in global financial

markets as technology expands access

to investment opportunities. Digital trading

platforms, mobile applications, and

improved financial literacy are enabling

individuals to participate more actively in

capital markets. In the United Arab Emirates,

this shift is becoming more visible

as regulators and financial institutions

encourage broader market participation

to strengthen the country’s investment

ecosystem. Private markets are evolving

to accommodate new sources of capital

through innovative investment structures

and platforms. The growing presence of

retail investors is gradually reshaping how

companies raise funds and how individuals

build diversified investment portfolios.

72 www.thefinanceworld.com May 2026


The global investment landscape

is undergoing a profound transformation

as retail investors

become an increasingly influential

force in financial markets. Advances

in financial technology, digital trading

platforms, and greater access to information

have empowered individuals to

participate in investment opportunities

that were once limited to institutional

investors. In the United Arab Emirates,

this shift is particularly significant as

the country continues to strengthen its

capital markets and encourage broader

investor participation. The growing

presence of retail investors is not only

reshaping public markets but is also

gradually influencing private market

investment structures, opening new

pathways for capital formation and

wealth creation.

Expanding Access to Investment

Opportunities

Retail investors are gaining greater

access to financial markets through

digital platforms that simplify trading

and investment management. Online

brokerage services, mobile investment

applications, and digital wealth

platforms allow individuals to monitor

markets and execute trades more efficiently

than ever before.

In the UAE, financial regulators and

market operators have supported initiatives

aimed at increasing investor participation.

Simplified account opening

processes, digital onboarding systems,

and improved financial education programmes

are encouraging individuals

to explore investment opportunities.

These developments are helping expand

the investor base in the region’s

capital markets. As more individuals

participate in trading activities, market

liquidity improves, and companies

benefit from broader access to capital.

The growing role of retail investors

reflects a broader global trend in which

financial markets are becoming more

inclusive and accessible.

Technology Driving Investor

Participation

Technological innovation has played

a crucial role in enabling retail participation

in financial markets. Artificial

intelligence, data analytics,

and automated investment platforms

are making it easier for individuals

to analyze market trends and make

informed decisions.

Digital trading platforms provide

real-time market data, research tools,

and portfolio management capabilities

that were previously available only to

professional investors. This technological

shift has significantly reduced

barriers to entry for individual investors.

In the UAE, financial institutions

and fintech companies are introducing

innovative investment platforms

designed specifically for retail users.

These platforms offer simplified investment

products and educational

resources that help individuals better

understand financial markets.

As technology continues to evolve,

retail investors are expected to play an

increasingly prominent role in shaping

market dynamics.

The Evolution of Private Markets

While retail investors have traditionally

focused on publicly traded equities and

bonds, interest in private markets is

steadily increasing. Private equity, venture

capital, and alternative investment

funds are attracting attention from

individuals seeking higher returns and

Developing strong and

diversified financial

markets is essential to

supporting sustainable

economic growth and

investment.”

H.E. Mohamed bin Hadi Al Hussaini,

Minister of State for Financial Affairs, UAE

Ministry of Finance

portfolio diversification.

Private markets historically required

large capital commitments and were

accessible primarily to institutional

investors and high-net-worth individuals.

However, financial innovation

is gradually creating structures that

allow broader participation.

In the UAE, regulatory frameworks

and financial free zones are supporting

the development of alternative

investment platforms. These platforms

enable qualified investors to access

private market opportunities through

structured investment vehicles.

As these investment channels expand,

private markets are becoming

an important component of diversified

investment portfolios.

Strengthening the UAE’s Capital

Market Ecosystem

The UAE has taken significant steps

to strengthen its capital market ecosystem

in recent years. Regulatory

reforms, new financial products, and

enhanced market infrastructure have

improved the attractiveness of local

exchanges for both institutional and

retail investors.

Stock exchanges in Abu Dhabi and

Dubai have introduced initiatives aimed

at encouraging retail participation,

including improved trading platforms

and investor outreach programmes.

These efforts have contributed to

rising trading volumes and increased

market activity.

At the same time, financial centers

such as the Dubai International Financial

Centre and Abu Dhabi Global

Market are supporting the growth of

alternative investment platforms and

private capital markets.

These initiatives are helping position

the UAE as a dynamic regional

hub for capital markets and financial

innovation.

Opportunities and Risks for Retail

Investors

The growing influence of retail investors

brings opportunities and risks.

Increased participation in financial

markets allows wealth diversificationand

economic growth. However, retail

investors may face risks related to

market volatility and complex financial

products. Regulators are working to

strengthen investor protection and

maintain transparency.

May 2026 www.thefinanceworld.com 73


Infographic

Rise of Lean

And Technology-

Enabled

Hedge Funds

Data-driven managers are reshaping the global hedge fund landscape

The hedge fund industry is undergoing a structural transformation as a new generation of lean, technology-enabled managers

emerges. By relying on advanced analytics, automation, and smaller teams, these firms are challenging traditional hedge fund

structures while attracting growing interest from institutional investors.

At the same time, global assets and capital inflows into hedge funds continue to expand, creating fertile ground for innovative

investment models.

A Growing Global Industry

Hedge funds remain one of the fastest-evolving segments of asset management, with strong capital inflows and increasing

institutional participation.

$4.98

trillion

Global hedge fund

assets under management

in 2025

$71

billion

Net inflows into

hedge funds in the

first three quarters

of 2025

Key industry data

8,464

funds

Total number of

hedge funds worldwide

$33.7

billion

Net inflows recorded

in Q3 2025 alone

Institutional investors, including pension funds, sovereign wealth funds, and family offices, now account for more than 60%

of global hedge fund capital, reinforcing the sector’s importance in diversified portfolios.

74 www.thefinanceworld.com May 2026


The Emergence of Lean Hedge Fund Models

While the industry continues to expand, its operating model is changing rapidly. A growing number of hedge funds are adopting

lean structures, combining smaller teams with technology-driven investment processes.

Typical characteristics

5–20 professionals

in investment

teams

Greater use of

automation and

algorithmic trading

Cloud-based

infrastructure replacing

traditional

trading systems

Increased reliance

on data science

and quantitative

research

Smaller managers already represent more than 60% of hedge funds globally, highlighting the growing role of emerging

and specialist investment firms.

Technology Transforming Investment Strategies

Advanced technology has become a defining feature of modern hedge fund operations.

From artificial intelligence to alternative data analytics, technology allows smaller firms to compete with much larger asset

managers.

Around one-third

of hedge funds

now use AI or

machine learning

in their investment

strategies

Technology adoption trends

Rapid expansion

of algorithmic

and quantitative

trading models

Increasing use of

alternative data

sources, including

satellite imagery,

transaction data,

and sentiment

analysis

These tools enable hedge funds to process vast amounts of information and identify market signals faster than traditional

investment approaches.

Dubai’s Rising Role in the Global Hedge Fund Ecosystem

The UAE is rapidly positioning itself as a hub for hedge fund managers and alternative investment firms.

Within the Dubai International Financial Centre:

100+ hedge

funds are now

registered

The number of

hedge fund managers

doubled

from around 50

in 2024 to more

than 100 in 2025

81 hedge funds

operating in the

centre manage

over $1 billion in

assets each

This rapid expansion has placed DIFC among the top five global hubs for hedge fund managers, reflecting the region’s

growing appeal for international asset managers.

May 2026 www.thefinanceworld.com 75


Energy News

Bernstein Starts MENA Energy Coverage, Highlights Picks

Bernstein has initiated sell-side

coverage of the Middle East

and North Africa energy sector,

highlighting the United Arab Emirates’s

governance model, sovereign-backed

ownership structures, and strong

cashflow visibility across the energy

value chain. The firm said these factors

have helped the UAE transform

“state-owned assets into investable

platforms at speed”. Bernstein named

ADNOC Gas and Fertiglobe as its ‘Best

Picks’. Additionally, it described both

companies as “quality at a discount”

opportunities. Bernstein operates

from major financial centers, including

New York and London. Furthermore,

it is backed by Societe Generale and

AllianceBernstein. The research firm

said MENA governments play an active

role as capital allocators. As a result,

it said national champions and capital

markets have been used to convert

resources into long-term offtake agreements

supporting sustainable regional

industrial expansion.

DEWA, Germany’s

Saarland Explore

Clean Energy Cooperation

Saeed Mohammed Al Tayer, MD

and CEO of Dubai Electricity

and Water Authority (DEWA),

received Jürgen Barke, Minister of

Economics, Innovation, Digitalisation

and Energy, and Deputy Prime Minister

of the German state of Saarland,

to explore cooperation in renewable

and clean energy. Senior DEWA officials

attended the meeting, including

Marwan bin Haidar and Dr. Yousef Al

Akraf. Moreover, discussions focused

on strengthening bilateral collaboration

in innovation, digitalization, and

sustainable energy systems. Both sides

underscored the shared commitment of

the UAE and Germany to accelerating

the global energy transition. In addition,

they highlighted the importance of

advancing clean technology innovation

and reinforcing partnerships that

support climate action and sustainable

economic growth.

Fujairah Energy Storage Costs Rise as Middle

East Conflict Continues

Dubai-listed Gulf Navigation

Holding said it is seeking to

maximize returns as demand

for energy storage rises sharply amid

escalating regional conflict, driving

costs higher in Fujairah. Moreover, the

company announced plans to expand

its energy sector portfolio as market

conditions continue to tighten. The

shipping and maritime logistics firm

said Fujairah, its primary storage base,

has seen an increase in storage and

The UAE has marked Earth Day

by reinforcing its commitment

to sustainability through a series

of forward-looking initiatives spanning

biodiversity protection, renewable

energy expansion, and water security.

The country continues to scale up investments

in clean energy infrastructure

while accelerating efforts to safeguard

natural ecosystems and promote environmental

resilience. Strategic programs

are also driving innovation in water

management, including advanced

desalination technologies and global

partnerships aimed at addressing water

scarcity. These initiatives align with the

UAE’s broader sustainability agenda.

By combining policy, technology, and

international collaboration, the UAE is

positioning itself as a leader in tackling

global environmental challenges while

handling costs due to stronger global

demand. Additionally, the company

highlighted that the emirate’s strategic

position outside the Strait of Hormuz

has increased its importance as a key

alternative hub. Analysts have pointed

to Fujairah, located outside the Strait,

as a critical alternative route for moving

oil out of the Gulf. As a result, storage

capacity in the emirate has come under

pressure as supply chains adjust to the

disruption.

UAE Celebrates Earth Day With Major Advances

in Biodiversity

ensuring long-term ecological balance

and sustainable growth.

76 www.thefinanceworld.com May 2026


Abu Dhabi Commits $43.5B to Expand Energy and Water Infrastructure

Abu Dhabi has unveiled plans

to invest $43.5 billion in advancing

its energy and water

infrastructure by 2030, reinforcing

its long-term sustainability goals.

The initiative focuses on building an

integrated system that enhances efficiency,

reliability, and environmental

performance. Authorities aim to meet

rising demand while accelerating the

transition towards cleaner energy

UAE Accelerates Nationwide

Infrastructure Projects to

Drive Sustainable Development

The UAE is advancing a wide range

of infrastructure projects across

the country in 2026, reinforcing

its long-term vision for sustainable

development and economic growth.

Led by the Ministry of Energy and Infrastructure,

these initiatives span key

sectors including transport, housing,

energy, and public services, with a strong

focus on efficiency and resilience. The

projects prioritize the integration of

smart technologies, energy-efficient

systems, and coordinated planning to

enhance service delivery and support

population expansion. Public-private

partnerships continue to play a central

role, enabling faster execution and increased

investment while maintaining

financial sustainability. By modernising

national infrastructure and embedding

sustainability into development

strategies, the UAE aims to strengthen

competitiveness, improve the quality

of life, and position itself as a global

leader in sustainable and future-ready

urban development.

sources and improved water management

solutions. The investment

will support infrastructure upgrades

and the adoption of advanced technologies

to optimize resource use. By

aligning policy, innovation, and capital

deployment, Abu Dhabi continues to

strengthen its position as a key player

in the global energy transition while

ensuring secure and sustainable access

to essential resources.

Dubai Chambers Explores Sustainable Growth

Dubai Chambers has engaged

with the Textile Merchants

Group to explore strategies

aimed at strengthening the textile sector’s

ability to adapt to global market

shifts while supporting sustainable

growth. The discussions focused on

reinforcing Dubai’s standing as a key

global hub for textile trade, alongside

enhancing business continuity and

resilience. Industry leaders reviewed

current market conditions, future prospects,

and priority areas amid evolving

economic dynamics. The initiative is

part of broader efforts to deepen collaboration

between public and private

stakeholders, enabling companies to

respond effectively to international

developments. Dubai Chambers also

emphasized its commitment to creating

a robust business ecosystem that

supports efficiency, innovation, and

sector-wide advancement, ensuring the

textile industry continues to contribute

to the emirate’s sustainable economic

development.

Dubai South Rolls Out New Incentives to Maintain

Business Growth Momentum

Dubai South has introduced a

fresh set of incentives aimed at

supporting companies within its

free zone and sustaining overall economic

momentum. The initiative is designed

to ease operational pressures while

reinforcing a competitive and resilient

business environment. Key measures

include assistance for new company

formation, simplified license renewal

processes, and the waiver of late renewal

penalties, helping firms manage costs more

effectively. The move aligns with broader

efforts to enhance the performance and

attractiveness of Dubai’s free zone ecosystem

amid evolving global economic

conditions. By prioritizing business

continuity and operational flexibility,

Dubai South continues to strengthen its

role as a strategic hub for regional and

international enterprises. The initiative

also reflects an ongoing commitment to

fostering investor confidence and enabling

long-term growth across its integrated

economic landscape and expanding

investment opportunities.

May 2026 www.thefinanceworld.com 77


Healthcare

Source: Ai generated

Integrated healthcare systems leveraging digital innovation to deliver accessible, efficient, and sustainable patient care

Rethinking

Healthcare For A

More Sustainable And

Equitable Future

Balancing Innovation, Accessibility, and

Sustainability to Build Resilient Healthcare

Systems for Future Generations

Healthcare systems globally are undergoing

a critical transformation as rising

costs, demographic shifts, and increasing

demand place unprecedented strain on

existing models. Sustainability and equity

have emerged as central priorities,

requiring a re-evaluation of how care

is delivered, financed, and accessed.

Governments, providers, and industry

stakeholders are now focusing on building

resilient systems that prioritise preventive

care, digital innovation, and inclusive

access. The shift towards value-based,

patient-centric approaches is redefining

healthcare delivery, ensuring long-term

viability while addressing disparities and

improving outcomes across diverse populations.

78 www.thefinanceworld.com May 2026


Healthcare systems worldwide

are facing mounting pressure

to balance rising costs, growing

populations, and increasing demand for

quality care. Sustainability and equity

are no longer peripheral concerns; they

have become central to how healthcare

systems are designed, funded,

and delivered. For policymakers and

industry leaders, the challenge lies in

creating models that ensure long-term

resilience while expanding access to

underserved populations.

A sustainable healthcare system

is not solely about reducing environmental

impact, though that remains

a critical component. It also involves

financial viability, efficient resource

allocation, and the ability to adapt

to evolving health challenges. Ageing

populations, the rise of chronic diseases,

and the increasing burden on

healthcare infrastructure demand a

We are committed to

pushing the boundaries

of excellence in our

health sector, striving for

world-class standards in

care and innovation. Our

comprehensive healthcare

system combines smart,

forward-thinking solutions

that serve everyone in our

community.”

HE Abdul Rahman Bin Mohammad Al

Owais, Minister of Health and Prevention

shift from reactive to preventive care

models. Early intervention, health

education, and community-based care

are proving to be more cost-effective

and impactful over time.

Digital transformation is playing a

pivotal role in enabling this transition.

Technologies such as telemedicine,

electronic health records, and artificial

intelligence are enhancing efficiency

and accessibility. Remote consultations,

for instance, are reducing the need for

physical infrastructure while extending

care to remote and underserved

regions. Predictive analytics is helping

healthcare providers identify at-risk

populations and intervene earlier,

thereby reducing long-term costs and

improving patient outcomes.

Equity remains a defining challenge

in global healthcare. Disparities in

access to quality care persist across

geographies, income levels, and demographics.

Bridging this gap requires

targeted policy interventions,

inclusive healthcare financing models,

and investment in primary healthcare

infrastructure. Public-private partnerships

are emerging as a viable solution,

combining government oversight with

private sector innovation and efficiency.

Workforce sustainability is another

critical dimension. Healthcare professionals

are experiencing increasing

levels of burnout, exacerbated by

workforce shortages and high patient

volumes. Addressing this issue requires

not only recruitment and training but

also the integration of technology to

reduce administrative burdens. Automating

routine tasks allows healthcare

professionals to focus more on patient

care, improving both job satisfaction

and service quality.

Environmental sustainability is

gaining traction as healthcare systems

recognize their significant carbon footprint.

Hospitals and healthcare facilities

are among the most resource-intensive

institutions, consuming large amounts

of energy and generating substantial

waste. Transitioning to greener operations,

such as energy-efficient infrastructure,

sustainable procurement,

and waste reduction initiatives, can

significantly reduce environmental

impact while lowering operational

costs over time.

Data-driven decision-making is becoming

essential for building resilient

healthcare systems. Governments and

organizations are increasingly relying

on real-time data to allocate resources,

monitor disease patterns, and evaluate

the effectiveness of interventions.

Interoperability between systems is

crucial to ensure that data can be

shared securely and efficiently across

different stakeholders, enabling more

coordinated and informed responses.

Patient-centric care is also redefining

healthcare delivery. Empowering

individuals with access to their health

data leads to better health outcomes

and higher levels of satisfaction. Digital

health platforms and wearable

technologies are enabling continuous

monitoring, encouraging proactive

health management rather than episodic

treatment.

In emerging markets, including regions

such as the Middle East, healthcare

transformation is being driven

by ambitious national strategies and

significant investments. Governments

are prioritizing healthcare as a key

pillar of economic diversification and

social development. This includes expanding

insurance coverage, investing

in advanced medical technologies,

and fostering innovation ecosystems

that support healthcare startups and

research initiatives.

Financial sustainability remains a

pressing concern. Rising healthcare

expenditures are straining public

budgets and private insurers alike.

Value-based care models, which focus

on outcomes rather than volume, are

gaining traction as a means to optimize

spending while improving quality. These

models incentivise providers to deliver

efficient, high-quality care, aligning

financial and clinical objectives.

The integration of preventive care,

digital innovation, and sustainable

practices requires strong governance

and regulatory frameworks. Policymakers

must strike a balance between

encouraging innovation and ensuring

patient safety and data privacy. Clear

guidelines, standardized protocols,

and robust oversight mechanisms are

essential to build trust and ensure

the long-term success of healthcare

reforms.

Ultimately, rethinking healthcare

requires integrating sustainability,

innovation, and equity into system

design. This will ensure systems remain

resilient, and capable of meeting

future demands.

May 2026 www.thefinanceworld.com 79


Healthcare News

UAE Eases Health

Licensing Rules,

Allowing Faculty

Practice

The UAE has introduced major

reforms to its healthcare licensing

framework, enabling medical

faculty to practie in licensed healthcare

facilities while removing key

entry barriers for nursing and allied

health graduates. Under the updated

rules, academic staff from medical

institutions can now contribute directly

to clinical care, strengthening

the integration between education and

real-world practice. At the same time,

authorities have scrapped the mandatory

six-month post-graduation experience

requirement for selected nursing

and allied health roles, accelerating

workforce entry. The reforms, led by

the Ministry of Health and Prevention

in coordination with other federal

entities, aim to modernize licensing

processes and address the growing

demand for healthcare professionals.

By aligning regulatory frameworks

with labour market needs, the UAE is

enhancing workforce flexibility while

maintaining high standards of patient

safety and care delivery.

Dubai Healthcare City Introduces Fee Waivers and

Flexible Payment Plans

Dubai Healthcare City Authority

has launched a package

of financial relief measures

aimed at supporting healthcare businesses

operating within its free zone.

The initiative includes waivers on

reinstatement fees and late renewal

penalties for commercial licences renewed

within a specified period. Companies

are also being offered flexible

instalment plans for licence renewals,

with extended payment deadlines to

improve cash flow management. Additional

support comes through leasing

flexibility, allowing businesses to defer

or restructure rental payments, while

related charges such as deferment and

cheque return fees are waived. These

measures are designed to strengthen

business resilience, encourage continued

investment, and support sustainable

growth within Dubai’s healthcare

ecosystem amid evolving regional

economic and industry conditions.

UAE Cabinet Approves Over 120 Agreements, Unveils

Space and Healthcare Strategies

The UAE Cabinet has approved

more than 120 international

agreements and memoranda of

understanding spanning sectors such

as energy, investment, economy, and

diplomacy, reinforcing the country’s

expanding global partnerships. The

approvals align with the UAE’s broader

strategy to strengthen its position as

a globally connected and open economy.

Alongside these agreements, the

Cabinet introduced a five-year national

space strategy aimed at advancing the

sector’s growth and positioning the

UAE among the world’s leading space

economies. A national strategy for integrative

medicine was also adopted,

focused on combining modern and

traditional healthcare approaches to

enhance service delivery. These initiatives

reflect the UAE’s commitment to

innovation, economic diversification,

and long-term development, while

supporting advanced technologies,

global collaboration, and the continued

evolution of its healthcare and

scientific ecosystems.

Al-Futtaim Health Rolls Out Free Mental Health Consultations across the UAE

Al-Futtaim Health has introduced

free mental health consultations

across the United Arab

Emirates through its HealthHub network,

aiming to improve access to

professional psychological support

and promote well-being. The initiative

is designed to support individuals

experiencing stress, anxiety, sleep disturbances,

or emotional overwhelm by

offering guidance from licensed specialists.

Consultations are conducted

by a qualified psychiatrist and provide

a confidential space for individuals to

discuss concerns and receive practical

strategies for managing mental health.

The programme also seeks to address

common barriers such as cost and

stigma, encouraging more people to

seek timely support. By expanding

access to care, Al-Futtaim Health aims

to foster open conversations around

mental well-being while reinforcing

its commitment to delivering holistic,

patient-centered healthcare services

across the country, enhancing early

intervention and long-term community

resilience in mental wellness.

80 www.thefinanceworld.com May 2026


Abu Dhabi Doctors Perform UAE’s First Paediatric Cardiac Biopsy at SKMC

Doctors at Sheikh Khalifa

Medical City in Abu Dhabi have

successfully carried out the

UAE’s first paediatric cardiac biopsy on a

young heart transplant patient, marking

a significant milestone in specialised

healthcare. The procedure, performed

on a four-year-old who had previously

undergone a transplant abroad, was

designed to assess heart function and

detect potential complications. Conducted

under the Department of Health – Abu

Dhabi’s Visiting Physicians Programme,

the operation brought together local

expertise and international specialists,

enhancing the emirate’s advanced

treatment capabilities. This achievement

enables children requiring complex

follow-up care to receive treatment locally,

reducing the need for travel overseas. It

also highlights Abu Dhabi’s investment

in cutting-edge healthcare.

UAE President Visits

Iranian Attack Victims,

Commends Community

Unity

UAE President Sheikh Mohamed

bin Zayed Al Nahyan visited

individuals injured in recent

Iranian attacks while they received

treatment in the hospital, extending his

wishes for a swift recovery. During the

visit, he met patients and their families

from various nationalities, reaffirming

that their safety remains a top priority.

He highlighted how the response to

the attacks reflected the strength of

UAE society, praising the solidarity,

cooperation, and adherence to safety

guidance demonstrated by citizens and

residents. The President acknowledged

the dedication of medical teams providing

continuous care to those affected. The visit

comes amid heightened regional tensions

following missile and drone strikes,

which caused casualties and damage

across parts of the UAE, reinforcing the

country’s focus on resilience, unity, and

public safety.

GLIDE and UAE University Partner to Advance

Infectious Disease Research

The Global Institute for Disease

Elimination (GLIDE) has signed

a memorandum of understanding

with the United Arab Emirates University

to strengthen collaboration in

infectious disease research and global

public health initiatives. This establishes

a framework for joint research,

training programmes, and knowledge

exchange, focusing on priority health

challenges such as infectious and

Abu Dhabi-based PureHealth

has entered into a major solar

energy agreement to support

the decarbonization of its healthcare

network, marking a significant step

towards sustainability. The deal will

enable the integration of renewable

energy across its facilities, reducing

reliance on conventional power sources

while lowering carbon emissions.

By adopting solar solutions at scale,

PureHealth aims to enhance operational

efficiency and align with the

UAE’s broader climate and energy

transition goals. The initiative reflects

a growing trend within the healthcare

sector to incorporate clean energy

into infrastructure planning, balancing

environmental responsibility

neglected tropical diseases. Both institutions

aim to enhance the evidence

base for policy and practice while advancing

the UAE’s role in global health

research. By combining academic

capabilities with applied research and

policy engagement, the collaboration

is expected to accelerate progress in

disease elimination and reinforce the

UAE’s position as a growing hub for

health innovation.

PureHealth Signs Landmark Solar Agreement to

Power Abu Dhabi Healthcare Network

with cost optimization. As one of the

region’s largest healthcare providers,

PureHealth’s move sets a benchmark

for sustainable practices, reinforcing

its commitment to delivering environmentally

conscious and future-ready

healthcare services.

May 2026 www.thefinanceworld.com 81


Wheels

WINGBACK” CONCEPT : A NEW ERA OF

AUTOMOTIVE LUXURY

220 km/h

Top Speed

550 Nm

Torque

415 hp

Horsepower

82 www.thefinanceworld.com May 2026


Genesis reimagines rear-seat luxury with a concept that

blends craftsmanship, comfort, and cutting-edge design

innovation.

The Genesis G90 Wingback Concept represents a bold exploration

of ultra-luxury mobility, building upon the foundation

of the flagship G90 sedan. Designed with a clear focus on rear

passenger experience, the concept introduces a refined vision

of chauffeur-driven travel, where comfort and exclusivity take

center stage. It reflects Genesis’ ambition to compete in the

highest tier of global luxury automotive design.

The exterior maintains the brand’s signature elegance, featuring

a long, flowing silhouette complemented by Genesis’

iconic two-line lighting. Subtle yet striking design cues elevate

its presence, while bespoke detailing underscores its concept

status. The design language remains clean and sophisticated,

reinforcing a sense of understated luxury.

Inside, the “Wingback” concept transforms the cabin into a

private lounge. Inspired by high-end furniture, the rear seats

feature wingback-style contours that provide enhanced privacy

and comfort. Rich materials, intricate stitching, and carefully

curated finishes create a tactile and visually immersive environment.

The layout prioritizes space and serenity, offering a

first-class travel experience tailored for discerning passengers.

Advanced technology is seamlessly integrated into the cabin,

with personalized controls, ambient lighting, and intuitive interfaces

enhancing convenience. The concept also explores future

mobility solutions, combining luxury with intelligent features

designed to anticipate passenger needs. Every detail is crafted

to elevate the in-car experience beyond traditional expectations.

While primarily a design study, the Wingback Concept reflects

Genesis’ broader direction towards sustainable and experience-driven

luxury. It showcases how future flagship models

may balance innovation with craftsmanship, redefining what

modern automotive luxury can achieve.

May 2026 www.thefinanceworld.com 83


Finance

Source: Ai generated

AI, digital assets, and evolving regulations are transforming global financial markets and investment strategies

Finance In Transition: Key

Trends That Could Shape

Global Markets In 2026

Emerging Financial Trends and Digital Innovation

are Reshaping Global Markets and Investment

Strategies for 2026

Global financial markets are undergoing

a period of transition as technological

innovation, shifting economic priorities

and regulatory changes reshape the way

capital is deployed and managed. As 2026

approaches, trends such as artificial intelligence,

digital assets, and sustainable

finance are influencing investment strategies

and market behaviour. For the United

Arab Emirates, these developments are

particularly significant as the country

continues to strengthen its position as

a global financial hub. By aligning with

emerging global trends and investing in

advanced financial infrastructure, the

UAE is creating a more resilient and future-ready

ecosystem capable of attracting

international capital and supporting

long-term economic growth.

84 www.thefinanceworld.com May 2026


Global financial markets are

entering a period of structural

transformation as technological

innovation, shifting economic dynamics

and evolving regulatory frameworks

redefine how capital flows across

borders. As 2026 approaches, investors,

institutions and policymakers

are preparing for a landscape shaped

by digital assets, artificial intelligence,

sustainability priorities and geopolitical

realignments. For the United Arab

Emirates, these global shifts present

both opportunities and strategic imperatives

as it continues to strengthen

its position as a leading international

financial hub.

Digital Assets Moving into the

Mainstream

Digital assets are expected to play a

more prominent role in global finance

by 2026. Institutional adoption of cryptocurrencies,

tokenised assets, and

blockchain-based financial instruments

is accelerating as regulatory clarity

improves across major markets.

Financial centers in the UAE are

actively positioning themselves within

this transformation. Regulatory frameworks

introduced by entities such as

Abu Dhabi Global Market and Dubai

International Financial Centre are

supporting the development of virtual

asset ecosystems, attracting global

firms and investors.

Tokenization, in particular, is gaining

traction as it enables fractional

ownership of assets ranging from real

estate to private equity. This innovation

is expected to enhance liquidity and

broaden investor access, potentially

reshaping traditional asset classes.

Artificial Intelligence Reshaping

Financial Decision-Making

Artificial intelligence is becoming

central to financial market operations,

from trading strategies to risk management

and customer engagement. By

2026, AI-driven analytics are expected

to significantly improve forecasting

accuracy and operational efficiency.

Financial institutions are increasingly

relying on machine learning models

to analyze vast datasets and identify

market trends in real time. This shift

is enabling faster and more informed

decision-making, particularly in volatile

market conditions.

In the UAE, AI integration is aligned

Building resilient and

future-ready financial

systems is essential to

sustaining economic

growth and strengthening

global competitiveness.”

H.E. Mohamed bin Hadi Al Hussaini,

Minister of State for Financial Affairs, UAE

Ministry of Finance

with national strategies focused on

digital transformation. Financial institutions

are investing in advanced

technologies to enhance competitiveness

and deliver more personalized

services to clients.

The growing role of AI is also raising

important considerations around

governance, transparency, and ethical

use, prompting regulators to adapt

frameworks accordingly.

Sustainable Finance Becoming a

Core Strategy

Sustainability is moving from a niche

consideration to a central pillar of

financial decision-making. Environmental,

social, and governance criteria

are increasingly influencing investment

strategies, capital allocation, and corporate

behaviour.

Global investors are placing greater

emphasis on climate-related risks and

sustainable business practices. This

shift is expected to accelerate in the

coming years as regulatory requirements

and investor expectations evolve.

The UAE is actively advancing sustainable

finance initiatives as part of

its broader economic strategy. Green

bonds, sustainability-linked loans, and

climate-focused investment funds are

gaining momentum within the region.

Financial institutions are also integrating

ESG considerations into risk

assessment frameworks, reflecting a

broader transition towards responsible

investing.

Interest Rate Dynamics and Global

Liquidity

Monetary policy remains a key factor

shaping global markets as central banks

navigate inflationary pressures and

economic growth challenges. Interest

rate movements in major economies

are expected to continue influencing

capital flows, currency stability, and

investment strategies.

Higher interest rates have already

led to shifts in asset allocation, with

investors reassessing risk and return

profiles across different asset classes.

This environment is likely to persist

into 2026, creating both challenges

and opportunities.

For the UAE, which maintains a currency

peg to the US dollar, monetary

policy decisions in the United States

have a direct impact on domestic

financial conditions. This interconnectedness

underscores the importance of

strategic financial planning and risk

management.

The Evolution of Private Markets

Private markets are expected to continue

expanding as companies seek

alternative sources of capital outside

traditional public markets. Private equity,

venture capital, and private credit

are becoming important components

of the global financial ecosystem.

Retail and institutional investors

alike are showing growing interest in

private market opportunities, driven

by the potential for higher returns

and portfolio diversification. Financial

innovation is enabling broader access

through structured investment vehicles

and digital platforms.

In the UAE, financial hubs are supporting

the growth of private capital

markets through regulatory innovation

and investor-friendly frameworks. This

development is helping attract global

capital and support entrepreneurial

growth across sectors.

May 2026 www.thefinanceworld.com 85


Wheels

SUBARU

GETAWAY

ADVENTURE MEETS EVERYDAY PRACTICALITY

200 km/h

Top Speed

480 Nm

Torque

300 hp

Horsepower

86 www.thefinanceworld.com May 2026


Subaru introduces a versatile concept designed to blend

rugged capability with modern comfort for spontaneous

escapes.

The Subaru Getaway Concept reflects the brand’s deep-rooted

identity in outdoor mobility, reimagined for a new generation

of explorers. Built to support both urban routines and offroad

adventures, the Getaway Concept positions itself as a

lifestyle-focused vehicle that seamlessly adapts to diverse

terrains and travel needs. It highlights Subaru’s commitment

to durability, safety, and all-weather performance.

The exterior design embraces a rugged yet refined aesthetic,

featuring bold cladding, elevated ground clearance,

and a practical roof setup for carrying outdoor gear. Signature

LED lighting and a robust stance reinforce its off-road

intent, while aerodynamic elements help ensure efficiency

during long drives. The design balances functionality with

a contemporary visual appeal.

Inside, the cabin is crafted to support active lifestyles. Flexible

seating configurations, durable materials, and smart storage

solutions make it ideal for road trips and outdoor excursions.

Integrated digital displays and connectivity features ensure

passengers remain informed and entertained, while intuitive

controls enhance usability across varying driving conditions.

Subaru integrates its renowned all-wheel-drive expertise

into the concept, ensuring superior traction and control. Advanced

driver assistance systems and terrain management

technologies further enhance safety and confidence, whether

navigating city streets or remote landscapes. The Getaway is

designed to deliver reliability without compromising comfort.

As a forward-looking concept, the Getaway also hints at

electrification and sustainable mobility solutions. It underscores

Subaru’s evolving vision of combining adventure-ready

performance with environmentally conscious engineering.

May 2026 www.thefinanceworld.com 87


Travel

Source: Ai generated

Growing visitor inflows are driving demand for short-term rentals and hospitality-focused real estate developments

Tourism-Driven Real

Estate: How Visitor

Demand Is Reshaping

Property Markets

Tourism Demand is Reshaping Real Estate Markets

and Creating New Investment Opportunities in the

UAE

Tourism has emerged as a powerful driver

of real estate activity, particularly in

the United Arab Emirates, where visitor

demand continues to influence property

development strategies and investment

trends. As international travel rebounds

and the UAE strengthens its position as

a global tourism hub, the real estate

sector is experiencing a shift towards

assets that cater directly to short-term

visitors. Hospitality-linked developments,

serviced apartments and short-term rental

properties are gaining prominence, reflecting

changing consumer preferences

and evolving market dynamics.

88 www.thefinanceworld.com May 2026


The UAE has witnessed a steady

increase in international visitors,

supported by strong connectivity,

world-class infrastructure, and a diverse

tourism offering. Cities such as Dubai

and Abu Dhabi continue to attract

millions of tourists annually, creating

sustained demand for accommodation

across various segments.

This growth is directly impacting

the real estate market. Property developers

are increasingly focusing

on projects that align with tourism

demand, including waterfront residences,

branded residences and mixed-use

developments that integrate hospitality

and retail components.

Short-term rental platforms have

also expanded rapidly, offering visitors

flexible accommodation options

while providing property owners with

attractive rental yields. This trend is

contributing to a more dynamic and

diversified property market.

The Shift Towards Short-Term

Rental Models

Short-term rentals are becoming a

central component of tourism-driven

real estate. Investors are recognising

the potential for higher returns compared

to traditional long-term leasing

models, particularly in high-demand

tourist areas.

In Dubai, regulatory frameworks

have evolved to support this segment,

enabling property owners to legally

operate short-term rentals under defined

guidelines. This has increased

transparency and encouraged more

investors to enter the market.

Serviced apartments and holiday

homes are especially popular among

tourists seeking convenience and flexibility.

These properties offer hotel-like

amenities combined with the comfort

of residential living, making them an

attractive choice for both short and

extended stays.

As a result, developers are designing

properties with features tailored to

short-term occupancy, including smart

home technologies, flexible layouts,

and premium amenities.

Branded Residences and Luxury

Tourism

The rise of luxury tourism is also influencing

real estate development in the

UAE. Branded residences, developed

in partnership with global hospitality

Tourism continues to be

a key driver of economic

growth, supporting

investment across

multiple sectors including

real estate.”

H.E. Abdulla bin Touq Al Marri, Minister of

Economy, UAE Ministry of Economy

brands, are gaining traction among investors

and high-net-worth individuals.

These properties combine residential

ownership with hotel-style services,

offering a unique value proposition.

Owners benefit from premium amenities,

brand recognition, and the

potential for rental income through

managed programmes.

Luxury developments in prime locations

are particularly appealing to

international buyers, who view UAE

real estate as a stable and attractive

investment. This trend is contributing

to the growth of high-end property

segments and reinforcing the country’s

position as a global luxury destination.

Integrated Developments Redefining

Urban Living

Tourism-driven demand is encouraging

the development of integrated

communities that combine residential,

hospitality, retail and entertainment

offerings. These mixed-use projects

create vibrant environments that appeal

to both residents and visitors.

Developers are increasingly focusing

on creating destination-oriented communities

that enhance the overall visitor

experience. Proximity to attractions,

accessibility and lifestyle amenities

are becoming key factors in property

design and planning.

Such developments are not only

supporting tourism growth but also

contributing to long-term urban development

goals. They help create

sustainable communities that can

adapt to changing market conditions.

Investment Opportunities and

Market Dynamics

The intersection of tourism and real

estate is creating new investment

opportunities across the UAE. Investors

are diversifying their portfolios

to include hospitality-linked assets

that offer exposure to the growing

tourism sector.

Institutional investors are also showing

increased interest in this segment,

recognizing its potential for stable

returns and long-term growth. Real

estate investment trusts and property

funds are incorporating tourism-related

assets into their portfolios.

However, the market also presents

challenges. Seasonal fluctuations in

tourism demand can impact occupancy

rates and rental income. Investors must

carefully assess market conditions,

location, and property type to optimize

returns.

Regulatory developments continue

to play a crucial role in maintaining

market stability and investor confidence.

Clear guidelines and effective

oversight are essential to ensuring

sustainable growth.

Technology Enhancing the Visitor

Experience

Digital platforms, smart home systems

and data analytics are enhancing the

efficiency and appeal of properties.

Property owners and operators are

using technology to streamline booking

processes, manage operations, and

improve guest experiences. This is

particularly important in the short-term

rental segment, where convenience and

service quality are key differentiators.

Data-driven insights help developers

better understand visitor preferences

and optimize property offerings, enabling

more targeted strategies and

better market alignment across diverse

tourism-driven real estate segments.

May 2026 www.thefinanceworld.com 89


Travel News

Ajman Unveils Wide-

Ranging Incentives to

Strengthen Tourism

Sector

Ajman has introduced a broad set

of measures aimed at boosting

its tourism sector, enhancing

competitiveness, and attracting fresh

investment. The initiative includes a

six-month deferral of tourism-related

fees for establishments starting

March 2026, alongside waivers on late

penalties tied to licence renewals.

Authorities have also introduced flexible,

interest-free instalment options

to ease financial pressures on businesses.

Additional incentives cover

exemptions on selected permit fees

and participation costs for exhibitions

and promotional events, helping operators

improve visibility while reducing

expenses. Visitors are set to benefit

as well, with free entry to museums

extended until the end of 2026. The

package reflects Ajman’s commitment

to strengthening its tourism ecosystem,

supporting private sector growth,

and positioning the emirate as a more

competitive and sustainable destination

for investors and travellers.

Dubai Accelerates Aviation Growth through Strategic

Investment in Smart Technologies

Dubai is accelerating its aviation

growth strategy by placing

smart technologies at the core

of its next development phase, with

a strong focus on digital transformation

across airport operations. The

emirate is increasingly investing in

advanced solutions such as automation,

artificial intelligence, and data

analytics to improve efficiency, expand

capacity, and create a more seamless

passenger experience. This direction

aligns with Dubai’s broader ambition

to lead the future of global aviation,

supported by continued investments in

infrastructure, operational resilience,

and long-term traffic growth. The

strategy also reflects a wider industry

shift towards digitalisation, where

technology is becoming essential in

managing rising passenger demand

while maintaining service quality and

performance, while reinforcing global

connectivity leadership.

Oman Partners with Global Council to Advance

Sustainable Tourism Agenda

Oman has signed a memorandum

of understanding with the

Global Sustainable Tourism

Council, marking a strategic move to

strengthen sustainability across its

tourism sector. The agreement formalises

the country’s membership in the

council, enabling access to internationally

recognised frameworks and best

practices for sustainable destination

management. It will support the development

of comprehensive policies,

covering planning, financing, monitoring,

and performance evaluation,

while aligning national standards with

global benchmarks. The collaboration

also includes technical guidance and

capacity-building initiatives aimed

at enhancing local expertise in sustainability

management. In addition,

the partnership encourages tourism

businesses to adopt recognised standards,

improving service quality and

safeguarding natural and cultural

assets. The initiative reflects Oman’s

broader commitment to positioning

sustainability as a central pillar of its

tourism growth strategy.

Emirates and Wesgro Team up to Drive Western Cape Tourism Growth

Emirates and Wesgro have signed

a memorandum of understanding

to accelerate inbound tourism

to Cape Town and the wider

Western Cape region. The agreement,

finalised during World Travel Market

Africa 2026, focuses on leveraging

the airline’s extensive global network

to attract travellers from key source

markets, including the GCC, India, and

the Far East. Both parties will collaborate

on targeted marketing initiatives

to enhance destination visibility and

stimulate demand across priority

90 www.thefinanceworld.com May 2026

regions. The partnership also aligns

with the Western Cape’s Growth for

Jobs strategy, reinforcing tourism as a

key economic driver. Additionally, the

move complements Emirates’ plans

to expand connectivity, including the

introduction of increased flight frequencies,

further strengthening access

to the region and supporting long-term

tourism and trade development.


Sharjah Chamber and Hotels Group Plan Campaign to Boost Tourism

The Sharjah Chamber of Commerce

and Industry, in partnership with

the Hotels Sector Business Group,

is set to roll out a targeted campaign

aimed at driving domestic tourism

across the emirate. The initiative will

focus on attracting residents and visitors

through curated hospitality packages

that combine accommodation, retail,

and entertainment offerings. Industry

stakeholders emphasised the importance

of creating integrated experiences that

link hotels with key attractions and

commercial destinations. The campaign

seeks to leverage Sharjah’s cultural

appeal, tourism assets, and strategic

positioning to increase occupancy levels

and support revenue growth. It also

reflects a broader effort to strengthen

collaboration between public and private

sector entities, reinforcing Sharjah as a

competitive destination.

Saudi Arabia to Develop

27 Eco-Cultural Heritage

Sites across National

Parks

Saudi Arabia is advancing plans to

develop 27 eco-cultural heritage sites

across its national parks, combining

environmental conservation with cultural

preservation. The initiative, led through

a collaboration between key government

entities, focuses on rehabilitating historic

locations and integrating them into

protected natural landscapes. The first

phase will span multiple regions, including

Riyadh, Madinah, the Eastern Province,

and Asir, with a strong emphasis on

long-term sustainability. Selected sites

include significant landmarks such as

ancient inscriptions, historic dams, and

heritage villages, reflecting the Kingdom’s

rich cultural legacy. The programme

also aims to support local communities

by promoting traditional crafts and

heritage-based activities, creating new

economic opportunities. By aligning

tourism development with conservation

efforts, Saudi Arabia seeks to enhance

visitor experiences while strengthening

its position as a growing destination for

eco-cultural tourism.

DW Travel Records 34% Revenue Growth in 2025,

Eyes Future Expansion

DW Travel delivered a strong

performance in 2025, achieving

a 34% increase in revenue while

expanding its global footprint and

diversifying its service portfolio. The

company onboarded 34 new corporate

clients and strengthened its market position

through strategic partnerships,

including joining an international travel

management network. Growth was

driven by multiple business segments,

His Highness Sheikh Mohammed

bin Rashid Al Maktoum has reviewed

Dubai’s AED 3B beach

development plan, a key component

of the emirate’s long-term strategy to

transform its coastline into world-class

leisure and tourism destinations. The

initiative aims to expand public beach

areas by up to 170%, significantly

increasing capacity to accommodate

rising visitor numbers while enhancing

accessibility and quality of life for

residents. Major projects include the

redevelopment of Al Mamzar Beach

and other coastal zones, featuring

upgraded infrastructure, pedestrian-friendly

spaces, cycling tracks, and

integrated retail and hospitality offerings.

Dubai Municipality is overseeing

with visa services, luxury travel, and

religious travel reporting significant

gains. Its VIP division continued to

scale, offering bespoke travel experiences,

while a newly launched

meetings and events unit contributed

to increased corporate bookings. The

company also invested in digital capabilities,

enhancing its proprietary

booking platform to improve efficiency

and customer experience.

Sheikh Mohammed Reviews AED 3B Beach

Plan as Dubai Boosts Coastal Development

the developments with a strong focus

on sustainability, smart services, and

environmental preservation. The plan

reinforces Dubai’s ambition to position

itself among the world’s leading

coastal cities, supporting tourism

growth, urban liveability, and economic

diversification.

May 2026 www.thefinanceworld.com 91



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