50 FUTURE ARCHITECTS OF LEGACY

PropTech Disruption: How AI and Big Data Are Transforming Buying & Leasing

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Digital-First Banks Compete With Traditional And FinTech Players

June 2026

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Editor’s Note Note

One way to keep momentum going is

to constantly have greater goals.

Editor’s Note

EDITORIAL

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It’s one thing to inherit a successful business. It’s

another to build on it, to take what previous generations

created and make it relevant for the next decade, not

just the next year. The 50 Future Architects of Legacy

2026 looks at successors doing exactly that: leaders who

are continuing what earlier generations started, while

reshaping it for a world those founders never operated in.

Across this issue, that ambition takes many forms — from

embracing new technologies and exploring new markets,

to rethinking how entire industries serve the people who

depend on them. What unites these leaders isn’t a shared

sector or strategy, but a shared instinct: to take what

they’ve been given seriously enough to keep improving it.

The UAE remains a fitting backdrop for these stories,

a place where ambition and reinvention have become

business as usual, generation after generation.

If there’s one thing that connects every leader in this edition,

it’s this: legacy isn’t something you simply receive. It’s

something you have to keep earning, deliberately, long after

it’s been handed to you.

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June 2026 www.thefinanceworld.com 3

Contents June

2026

COVER STORY

INTERVIEW

P16 | The Architect of Opportunity

Inside Graeme Robertson’s Global Vision

INTERVIEW

P28 | 50 Future Architects Of Legacy

A spotlight on the next generation of business leaders shaping the

future of family enterprises, institutions, and industries across

the UAE through innovation, strategic vision, and long-term value

creation.

REAL ESTATE

P08 | PropTech Disruption: How AI and Big Data Are

Transforming Buying & Leasing

AI and Big Data are Redefining Property Buying, Leasing, and Investment

Strategies across Modern Real Estate Markets.

P24 | How High-Net-Worth Individuals

Are Diversifying Their Portfolios

From alternative assets to global markets,

diversification is becoming the new wealth

strategy.

4 www.thefinanceworld.com June 2026

WHEELS

HEALTHCARE

P62

| MERCEDES-AMG GT 4-DOOR COUPÉ

Enters A New Era Of Performance.

INVESTMENT

P76 | HealthTech Investment Surges

Across the GCC

GCC Nations Accelerate HealthTech Innovation

through AI, Digital Healthcare Infrastructure, and

Rising Regional Investment Activity.

TRAVEL

P64

M&A

| Middle Eastern Firms Expand Through Cross-Border

Middle Eastern Firms are Accelerating Global Expansion Across

Technology, Infrastructure, Energy, and Healthcare Sectors.

P58 | Digital-First Banks Compete With

Traditional And FinTech Players

Digital-First Banks are Reshaping Financial

Services through Innovation, Speed, and

Intensified Competition across the Banking Sector.


GROW YOUR

BUSINESS

We make Short / Long Term

Investments in Growing Businesses

info@wasayainvestments.com

www.wasayainvestments.com

Real Estate

Source: Ai generated

Digital PropTech platforms are enabling smarter property decisions through automation, analytics, and more.

PropTech Disruption:

How AI and Big Data Are

Transforming Buying &

Leasing

AI and Big Data are Redefining Property Buying,

Leasing, and Investment Strategies across

Modern Real Estate Markets.

Artificial intelligence and big data are

rapidly transforming the global real estate

sector, reshaping how properties

are bought, sold, leased, and managed.

Traditional real estate operations, once

dependent on manual processes and fragmented

market insights, are evolving into

digital-first ecosystems driven by predictive

analytics, automation, and intelligent

decision-making. PropTech companies

are leveraging advanced technologies to

improve transparency, streamline transactions,

and deliver more personalized

customer experiences. From AI-powered

property recommendations and virtual

tours to smart leasing platforms and data-driven

investment strategies, technology

is enabling greater efficiency across the

industry.


The global real estate market is

shifting from transaction-led

operations to interconnected

digital ecosystems powered by artificial

intelligence and big data. PropTech,

once largely associated with online

property listings, has evolved into a

strategic technology layer supporting

every stage of the property lifecycle,

including development, marketing,

leasing, investment, and facility management.

Businesses across the sector

are prioritizing digital capabilities

to improve operational efficiency,

customer engagement, and long-term

asset performance.

AI and big data technologies are enabling

stakeholders to make faster and

more accurate decisions by analyzing

vast volumes of structured and unstructured

information. Market trends,

buyer behavior, demographic shifts,

pricing movements, and economic

indicators can now be processed in real

time, allowing developers, investors,

and brokers to respond proactively

to changing market conditions. This

transformation is particularly visible in

high-growth markets such as the UAE,

where smart city initiatives and digital

infrastructure investments continue to

accelerate PropTech adoption.

AI Is Reshaping Property Buying

Artificial intelligence is redefining

how buyers search for and evaluate

properties. Traditional purchasing journeys

often involved lengthy research,

multiple consultations, and extended

negotiations. Today, AI-driven platforms

simplify this process by delivering personalized

property recommendations

based on user preferences, financial

profiles, browsing patterns, and lifestyle

requirements.

Machine learning algorithms can

assess user behavior and instantly

recommend relevant properties with

greater accuracy than conventional

search systems. This level of personalization

enhances customer experience

while helping developers and brokers

improve lead conversion rates. Real

estate firms are also deploying AI-powered

chatbots and virtual assistants to

handle inquiries, schedule viewings,

and support transactions around the

clock, improving responsiveness while

reducing operational costs.

Predictive analytics has emerged as

an important tool for property investors

By harnessing

technologies such as

Digital Twin, Artificial

Intelligence, and the

Internet of Things,

we aim to strengthen

evidence-based decisionmaking

and optimize

both digital and physical

infrastructure.”

His Excellency Eng. Marwan Ahmad bin

Ghalita, Director General of Dubai Municipality

seeking data-backed insights. AI models

can forecast property appreciation

trends, rental yields, occupancy rates,

and market risks using both historical

and live data. Investors are therefore

able to evaluate opportunities more

strategically and reduce exposure to

uncertain market conditions.

Virtual property experiences are also

becoming more important throughout

the buying process. Technologies such

as augmented reality, digital twins,

and immersive 3D walkthroughs allow

prospective buyers to explore developments

remotely without physically

visiting sites. These tools have become

particularly valuable for international

investors and off-plan property buyers,

supporting faster purchasing decisions

and expanding global market

accessibility.

Big Data Is Driving Smarter Leasing

Strategies

Leasing operations are also undergoing

a major transformation through the

integration of big data analytics. Landlords,

property managers, and leasing

companies are using real-time market

intelligence to optimize pricing, monitor

tenant behavior, and improve

occupancy rates.

Dynamic pricing models powered

by AI allow property owners to adjust

rental rates according to demand patterns,

seasonal fluctuations, competitor

activity, and local market performance.

Similar to pricing strategies used in the

aviation and hospitality sectors, these

intelligent systems maximize revenue

opportunities while maintaining competitive

positioning.

Tenant screening processes are

becoming increasingly sophisticated

through predictive analytics and automated

risk assessment tools. Property

managers can evaluate financial stability,

leasing history, and behavioral

indicators more efficiently, helping reduce

payment defaults and operational

risks. AI can also identify early signs

of tenant dissatisfaction by analyzing

communication patterns and service

requests, enabling proactive engagement

and stronger tenant retention.

Data-Driven Development and Smart

Buildings

Developers are increasingly using AI

and big data to improve project planning

and investment outcomes. Data-driven

insights support decisions related to

land acquisition, pricing, construction

timelines, and project feasibility. AI

systems analyze consumer demand,

infrastructure growth, mobility trends,

and economic performance to identify

high-potential development areas. This

helps developers align projects with

future market demand while reducing

the risk of oversupply

The integration of Internet of Things

(IoT) technology with AI is creating

a new generation of smart buildings.

Connected systems monitor lighting,

air conditioning, occupancy, energy

consumption, and maintenance needs

in real time.

Property owners are also adopting

predictive maintenance systems to identify

equipment issues, reducing downtime

and costs. AI-powered building

management platforms optimize energy

use, while smart building technologies

enhance convenience through digital

access controls, automated services,

and intelligent building experiences.


Real Estate News

Dubai, Abu Dhabi Real Estate Enter Mature Phase After 2025 Boom

Dubai and Abu Dhabi’s real estate

sectors are entering a more

balanced and sustainable stage

following the strong growth recorded

throughout 2025. Market analysts say

the rapid price increases seen in recent

years are beginning to slow as supply

expands and investor behavior becomes

more measured.

Demand for property in both emirates

remains healthy, supported by population

growth, foreign investment, and

continued economic activity. At the

same time, buyers are becoming more

focused on long-term returns and stable

assets rather than short-term speculative

opportunities. Dubai’s residential market

continues to witness price and rental

growth, although the pace has moderated

compared to previous years. The

expected handover of new residential

projects over the coming years is likely

to improve market stability and ease

pressure on prices.

Dubai Real Estate Price

Index Sees 9.81%

Growth in 2025

Dubai Data and Statistics Establishment,

operating under

Digital Dubai, has announced

the Commercial and Residential Real

Estate Price Index results for the fourth

quarter of 2025, reflecting continued

strength across Dubai’s property market.

The residential real estate sector

recorded solid performance during 2025,

with the overall index increasing 9.81

percent compared to the previous year.

Villa prices registered the strongest

growth, rising 14.83 percent as demand

for larger homes and community-focused

living continued to increase. Apartment

prices also climbed 7.38 percent over

the same period. Dubai’s commercial

property sector posted annual growth

of 9.54 percent, supported by sustained

expansion across the emirate’s business

landscape.

Binghatti Launches First Villa Community in

Dubailand Expansion

Binghatti has unveiled its first villa

community, signaling a strategic

expansion into Dubai’s growing

low-density residential market within

Dubailand. The project, named Tilal

Binghatti, marks the developer’s entry

into the villa and townhouse segment,

broadening its portfolio beyond highrise

residential developments.

Situated in Al Rowaiyah, Dubailand,

the community offers connectivity to

key road networks and major lifestyle,

Dubai has removed the minimum

property value requirement for

investor residency visas and

reduced thresholds for jointly owned

assets. The policy change is set to widen

access to residency, enabling greater

participation from smaller investors and

potentially driving demand across more

affordable market segments. Under the

revised framework issued by the Dubai

Land Department’s Cube Center, sole

property owners can now apply for a

two-year investor visa regardless of the

property’s value, eliminating the earlier

AED750,000 ($204,000) requirement.

For jointly owned properties, each

investor must now hold a minimum

stake of AED400,000. This allows two

investors purchasing an AED800,000

asset to individually qualify for residency

visas.

retail, and education destinations

across Dubai. The development will

comprise a collection of upscale villas

and townhouses, complemented

by landscaped outdoor spaces, lifestyle-focused

amenities, and smart

home features tailored for families

and investors. The launch reflects

Binghatti’s wider growth strategy as

demand for suburban and family-centric

communities continues to strengthen

across Dubai’s real estate sector.

Dubai Removes Minimum Property Investment

Threshold for Investor Residency Eligibility


Al Marjan Island Sees USD 35M Beachfront Property Transaction Surge

A

luxury beachfront property

transaction worth USD35M in

Ras Al Khaimah has highlighted

the growing momentum surrounding

Al Marjan Island’s real estate market.

The deal reflects increasing investor

confidence in the emirate’s waterfront

developments. Al Marjan Island continues

to attract regional and international

buyers seeking coastal living

and strong investment potential. The

area’s transformation is being supported

by expanding infrastructure, tourism

growth, and the arrival of globally recognised

hospitality brands. Industry

experts believe the latest transaction

reinforces Ras Al Khaimah’s emergence

as a competitive luxury property destination

within the UAE. The emirate’s

strategic development plans and tourism-led

growth are expected to further

strengthen property values.

UAE Wellness Real

Estate Market Climbs

To USD 14.6B

The UAE’s wellness-focused real

estate sector has expanded to

USD14.6B as developers increasingly

prioritize health, wellbeing,

and lifestyle-driven living experiences

within residential communities.

Growing demand for homes designed

around physical and mental wellness

is reshaping the country’s property

landscape, with projects integrating

green spaces, fitness amenities, natural

lighting, air purification systems,

and community-centred environments.

Industry reports indicate wellness

real estate now accounts for more

than 12 per cent of the UAE’s overall

construction activity, reflecting a

significant shift in buyer preferences

towards healthier and more sustainable

living. Developers across Dubai

and other emirates are accelerating

investments in wellness-led projects

to meet rising interest from regional

and international investors. Experts

believe the trend will continue gaining

momentum as governments and

developers place greater emphasis on

urban wellbeing, sustainability, and

long-term quality of life within future

residential developments.

Century 21 Opens UAE Headquarters

Global real estate brand Century

21 has officially launched its UAE

headquarters in Dubai as the

emirate’s property sector continues to

witness strong growth. The expansion

comes at a time when Dubai recorded

AED252B (USD68.6B) in real estate

transactions during the first quarter of

2026, reflecting rising investor confidence

and sustained market momentum. The

company aims to strengthen its regional

presence by tapping into increasing demand

for residential, commercial, and

luxury property investments across the

UAE. Industry analysts believe Dubai’s

transparent regulations, investor-friendly

environment, and large-scale infrastructure

developments are continuing to

attract international buyers and real

estate firms. Century 21’s move also

highlights the emirate’s growing appeal

as a global property hub, supported by

strong economic performance, population

Around 45 per cent of residents in

the UAE are still planning to purchase

property within the next 12

months despite growing caution across

the real estate sector. Market sentiment

remains largely positive as investors and

end-users continue to view UAE real

estate as a stable long-term investment

supported by strong infrastructure,

favourable regulations, and residency

incentives. Rising rental costs are also

encouraging many residents to shift towards

home ownership, particularly in

Dubai and Abu Dhabi. However, buyers

are becoming more selective due to

concerns surrounding global economic

uncertainty, higher borrowing costs, and

growth, and expanding opportunities in

both the residential and commercial real

estate sectors.

Nearly Half Of UAE Residents Plan Property

Purchases Despite Market Caution

increasing property prices in premium

locations. Industry experts believe demand

for quality developments, waterfront

communities, and off-plan projects will

remain resilient as the UAE continues

attracting international investors and

high-net-worth individuals seeking secure

and tax-efficient property opportunities

across the region.


Finance


Institutional investors in the UAE are increasingly turning to alternative assets for stability and diversified returns.

Alternative Assets

Surge: Private Credit,

Hedge Funds, And Real

Assets For Stability

Private Credit, Hedge Funds, and Real Assets are

Reshaping Investment Strategies across the UAE’s

Evolving Financial Markets.

Global economic uncertainty, elevated

interest rates, and market volatility are

reshaping investment strategies across

the UAE. Institutional investors, sovereign

wealth funds, family offices, and highnet-worth

individuals are increasingly

diversifying beyond traditional equities

and bonds. As a result, alternative assets

such as private credit, hedge funds, infrastructure,

and real assets are gaining momentum.

Supported by strong regulatory

frameworks, expanding capital markets,

and rising investor sophistication, the UAE

has become a major hub for alternative

investments. Financial centers such as

Abu Dhabi Global Market and Dubai

International Financial Centre continue

to attract global asset managers seeking

access to regional capital.


Private credit has experienced

rapid global expansion, and the

UAE is increasingly participating

in this trend. As banks adopt stricter

lending standards and focus on balance-sheet

optimization, private lenders

are stepping in to address financing gaps

across sectors including real estate,

infrastructure, logistics, healthcare,

and mid-market enterprises.

For businesses, private credit offers

faster access to capital and more flexible

financing structures compared to

traditional banking channels. For investors,

the asset class provides attractive

risk-adjusted returns, recurring income

generation, and lower correlation with

public markets. In an environment

shaped by inflationary pressures and

market volatility, these characteristics

are becoming increasingly valuable.

Regional family offices and institutional

investors are allocating greater

capital toward direct lending strategies

and private debt funds as they seek

predictable cash flows and downside

protection. The UAE’s expanding

business ecosystem, combined with

large-scale infrastructure and development

activity, is also creating a strong

pipeline of financing opportunities for

private credit providers.

The growth of private markets across

the Gulf region has additionally encouraged

international alternative asset

managers to establish operations within

the UAE. Global firms are increasingly

partnering with regional institutions to

structure financing solutions aligned

with long-term economic diversification

goals.

Hedge Funds Gain Momentum in

Volatile Markets

Hedge funds are also attracting renewed

interest within the UAE as investors

seek diversification and active risk

management strategies. Volatile equity

markets, geopolitical tensions, and

shifting monetary policies have exposed

the limitations of traditional portfolio

models, encouraging investors to explore

strategies capable of generating

returns across different market cycles.

Macro hedge funds, multi-strategy

platforms, and quantitative investment

models are receiving particular attention

due to their ability to capitalize on

market inefficiencies and navigate periods

of economic instability. Investors

are increasingly prioritizing managers

with disciplined risk management

frameworks, advanced technological

capabilities, and global market

expertise.

Dubai and Abu Dhabi continue to

strengthen their positions as regional

investment management hubs, attracting

hedge funds and global financial

institutions through favorable regulation,

tax efficiency, and proximity to

sovereign wealth capital. The UAE’s

stable business environment and expanding

financial infrastructure are

further supporting this growth.

Technology is also transforming

hedge fund operations. Artificial intelligence,

machine learning, and

advanced analytics now allow fund

managers to process vast datasets,

identify emerging trends, and execute

investment decisions with greater speed

and precision. These capabilities are

strengthening the competitiveness of

hedge fund strategies within increasingly

complex global markets.

The UAE continues to

strengthen its investment

ecosystem by developing

diversified financial

markets that support

sustainable economic

growth and global

competitiveness.”

His Excellency Mohamed bin Hadi Al Hussaini,

Minister of State for Financial Affairs,

UAE Ministry of Finance

Real Assets Offer Stability and

Inflation Protection

Real assets such as infrastructure,

logistics facilities, industrial developments,

energy projects, and real estate

are becoming increasingly important

components of diversified investment

portfolios. These assets are widely

viewed as effective hedges against

inflation while offering relatively stable

income streams and long-term capital

appreciation potential.

The UAE’s continued infrastructure

expansion and economic diversification

strategy are creating opportunities

across transportation, renewable energy,

healthcare, logistics, and digital

infrastructure. Government-backed

initiatives and large-scale national

projects continue to attract institutional

investors seeking stable, asset-backed

returns.

Real estate remains one of the region’s

most established alternative asset

classes, particularly within logistics,

warehousing, hospitality, data centers,

and premium residential developments.

Investors are increasingly focusing on

income-generating assets with strong

occupancy fundamentals and long-term

demand visibility.

Environmental, social, and governance

considerations are also shaping

investment decisions. Sustainability

principles are becoming increasingly

integrated into infrastructure and

property investment strategies as

investors align portfolios with global

sustainability targets and evolving

regulatory expectations.

Renewable energy projects are drawing

substantial regional and international

capital, supported by the UAE’s

net-zero ambitions and broader energy

transition initiatives. Solar, hydrogen,

and clean energy infrastructure developments

are creating long-duration

investment opportunities for institutional

investors seeking stable returns.

As investors continue to navigate

economic uncertainty and changing

market conditions, real assets are

expected to remain a key component

of long-term portfolio strategies. Their

ability to provide tangible value, income

generation, and inflation protection

makes them particularly attractive to

institutional investors, family offices,

and high-net-worth individuals seeking

stability alongside sustainable growth

opportunities.


Funding and Investment News

DP World Secures Over AED 854 Million in Investments Across Jafza

DP World has secured AED 854

million in investments at Jebel

Ali Free Zone (Jafza) during the

opening four months of 2026, highlighting

sustained investor confidence in

Dubai’s leading trade and industrial

destination.

The investments represent commitments

from Jafza-based companies to

build and expand facilities spanning

manufacturing, logistics, food production,

healthcare, vehicle handling, and

heavy equipment sectors. Investment

activity gathered pace during March

and April, which together accounted

for more than 43 per cent of the total

commitments by value. The latest

investments cover a diverse range of

industrial and trade activities. Steel,

food, and furniture manufacturers are

expanding production capabilities,

while healthcare firms are establishing

long-term operational bases in Dubai,

supporting economic growth.

Mubadala’s Acelen Secures $1.5 Billion for Brazil

SAF Biorefinery Project

Brazilian refiner Acelen, owned

by Abu Dhabi’s Mubadala, has

secured $1.5 billion in financing

to advance construction of a biofuels

refinery in Bahia, Brazil. Moreover, the

funding marks a significant step toward

scaling sustainable aviation fuel (SAF)

and renewable diesel production in the

region. The financing package includes

participation from a consortium of 10

financial institutions. Additionally,

HSBC and the International Finance

Corporation, part of the World Bank

Group, are leading the funding arrangement.

The refinery is expected to begin

operations in 2029. Furthermore, it is

designed to produce up to 1 billion

liters per year of SAF and renewable

diesel, positioning it as a major clean

energy facility in Latin America. The

total project cost is estimated at over

$3 billion. Moreover, the development

integrates both agricultural and industrial

supply chains to support long-term

fuel production stability.

Abu Dhabi Unveils USD 15B Public-Private

Partnership Investment Pipeline

Abu Dhabi has introduced a AED55B

(USD15B) public-private partnership

(PPP) pipeline scheduled for

2026 and 2027. The programme comprises

24 infrastructure developments spanning

the transport, infrastructure, and social

sectors, according to the Abu Dhabi Media

Office, citing a joint statement from the Abu

Dhabi Investment Office and Abu Dhabi

Projects and Infrastructure Centre. The

initiative is expected to generate immediate

large-scale opportunities for private sector

participation while attracting substantial

local and international investment into

the emirate. The PPP pipeline further

strengthens Abu Dhabi’s long-term infrastructure

agenda, supporting the expansion

of global businesses and advancing local

content programme objectives, while accelerating

economic diversification and

enhancing the emirate’s competitiveness

as a regional investment destination. The

projects are also expected to create employment

opportunities, stimulate innovation,

and support sustainable long-term

economic development.

Dubai Chambers

Explores Infrastructure

Investment

Opportunities with

Montenegro

Dubai Chambers hosted a high-level

delegation led by Majda Adžović,

Minister of Public Works of the

Republic of Montenegro, in a meeting

focused on expanding bilateral investment

relations. Moreover, both sides

discussed pathways to deepen economic

cooperation and unlock new business

opportunities across key sectors. The discussions

reflected a shared commitment

to strengthening ties between Dubai and

Montenegro. Additionally, they highlighted

the importance of building structured

partnerships that support private sector

expansion and cross-border investment

flows. Mohammad Ali Rashed Lootah,

President and CEO of Dubai Chambers,

emphasized the importance of enhancing

economic engagement between the two

markets.


UAE, Türkiye Deepen

Strategic Trade and

Investment Ties

The United Arab Emirates and

Türkiye are exploring new opportunities

to deepen trade and

investment cooperation under the

Comprehensive Economic Partnership

Agreement, which entered into force

on 1 September 2023. Moreover, the

agreement has already accelerated bilateral

trade and strengthened investment

flows between the two countries. Dr

Thani bin Ahmed Al Zeyoudi, Minister

of Foreign Trade, met senior Turkish

officials in Istanbul and addressed

business leaders at the UAE-Türkiye

Business Forum. Additionally, he participated

in the third annual meeting

of the UAE-Türkiye Business Council

following its restructuring. The UAE’s

non-oil foreign trade with Türkiye exceeded

$45.2 billion in 2025, up 15.5%

from 2024. Furthermore, the CEPA has

supported trade expansion beyond initial

projections, reinforcing its impact on

bilateral economic activity.

UAE Ministry of Investment Signs World Bank

Framework

The UAE Ministry of Investment

and the World Bank signed a partnership

framework to strengthen

the UAE’s investment climate and

support its position as a global hub for

foreign direct investment. Moreover,

the partnership focuses on maintaining

an investment environment that

remains predictable, transparent, and

internationally competitive, aligned

with the country’s long-term economic

ambitions. The agreement falls under

the broader framework signed between

the World Bank and the UAE Ministry

of Finance in 2019. Additionally, it was

signed by Mohammad Abdulrahman

Alhawi, Undersecretary of the UAE

Ministry of Investment, and Boutheina

Guermazi, World Bank Director for

Strategy and Operations for the Middle

East, North Africa, Afghanistan, and

Pakistan region.

The partnership will enable the World

Bank to support the UAE in advancing

a comprehensive investment reform

agenda.

AI Investments Drive Growth in Mashreq’s First-

Quarter Profits

Mashreq reported a rise in net

profit attributable to shareholders

in the first quarter of

2026, supported by investments in AI

and double-digit growth in operating

income, despite ongoing tensions

linked to the Iran conflict. Net profit at

the UAE’s oldest bank climbed 7 percent

to AED1.9 billion ($517 million)

for the quarter ending March 2026, up

from AED1.8 billion in the same period

last year. Operating income increased

to AED3.4 billion from AED3.1 billion

a year earlier, driven by a 35 percent

surge in fees and commission income

and a 20 percent rise in non-interest

income. However, investment income

declined significantly by 57 percent

year on year. Operating expenses rose

15 percent compared to the previous

year, reflecting focused investments

in generative AI, digital onboarding

capabilities, and ongoing expansion of

its international presence. Income tax

expenses also recorded a 14 percent

annual increase.

Dubai Chamber Meets 64

Business Groups to Boost

Trade and Investment

Dubai Chamber of Commerce

convened 64 business groups

and councils as part of its efforts

to reinforce trade, attract investment,

and strengthen the resilience

of the private sector. The discussions

centred on advancing sector readiness,

safeguarding business continuity, and

sustaining the steady momentum of

trade and investment activity across

Dubai, while also outlining key priorities

for the upcoming period. Maha

Al Gargawi underscored the vital

role of business groups and councils

in enhancing Dubai’s investment appeal

and expanding its global trade

footprint. She highlighted that close

public-private collaboration remains a

cornerstone of the emirate’s economic

progress. She further reaffirmed the

chamber’s commitment to cultivating

a supportive business environment,

supporting long-term sustainable

growth and competitiveness, and reinforcing

investor confidence across

key economic sectors.


Interview

Dubai specifically for them. We take

entry points as low as 50,000 dollars,

establishing accounts in Mauritius to

leverage its tax efficiency and foreign

exchange freedom. Our model is built

on transparency: we do not take upfront

fees, our incentives are strictly

performance linked, and we use AI

to provide information to clients. If

the client does not benefit, we do not

benefit.

The Architect of

Opportunity

Inside Graeme Robertson’s Global Vision

The trajectory of global enterprise is rarely a straight line, but for Graeme

Robertson, Founder and Chairman of Intrasia Group, it has been a masterclass

in cross-border evolution. From his early days as a volunteer lecturer in Indonesia

to helming a conglomerate spanning mining, infrastructure, and now

high-tier financial services, Robertson’s career is defined by a refusal to stay

within “comfort zones”.

Today, Intrasia Group stands as a “one-stop shop” for corporate structuring and

wealth management, with a strategic focus on the Middle East and Mauritius. In

this exclusive interview, we sit down with the veteran industrialist-turned-banker

to discuss why he is betting big on the “mass affluent” in Dubai, the integration

of AI in fiduciary services, and why true legacy is measured by the systems left

behind rather than the capital accumulated.

Q: You have spent over forty years

building businesses across three

continents. Which early experiences

most fundamentally shaped

your mindset as an entrepreneur?

My journey started far from the boardroom.

I was born into a working-class

Australian family with strong humanitarian

values. My business life actually

began in Indonesia as a volunteer social

sciences lecturer with zero formal

business education. To supplement my

income, I began representing overseas

companies in the then-developing

Indonesian market.

That environment taught me that

when a market isn’t well understood,

you have to create the opportunities

yourself. I became a student of experience,

borrowing successful concepts

from one industry, be it engineering or

water treatment, and adapting them to

another. Eventually, managing thirty

companies in mining and infrastructure

taught me that speed and decisiveness

are the only ways to survive. It’s about

learning the fundamentals early and

never being afraid to start again from

nothing.

Q: Intrasia Group has a very specific

wealth management philosophy,

particularly regarding the Dubai

market. How are you challenging the

traditional private banking model?

Traditional private banking is increasingly

exclusive, often requiring a minimum

of 3 million dollars in disposable

income. This effectively shuts out the

mass affluent, such as doctors, lawyers,

and professional managers who have

significant assets but do not meet those

arbitrary thresholds.

We have launched Intrasia Wealth in

Q: Beyond wealth management,

your group operates across several

verticals. How do these components

integrate into your broader corporate

strategy?

We function as a one stop shop for

corporate and personal needs. Intrasia

Management handles global company

formations and family offices, with

about half of that business currently

originating from our Dubai office.

We have also launched riskmanage.

co for KYC and compliance screening,

which is non-negotiable for maintaining

governance standards. Furthermore,

Intrasia Properties is developing commercial

real estate in Mauritius, offering

diversification opportunities for Gulf

based investors. We are also looking

toward the future of the market by

designing digital products for Gen Z

and financial strategies to support

female entrepreneurs in Africa.

Q: You have mentioned that no one

is an island. What specific opportunities

for collaboration do you

see for Gulf based investors within

your network?

We are actively seeking partnerships

or acquisitions in the Gulf. We recently

completed a wealth management joint

venture in the UK that serves UAE residents,

and we are looking for similar

arrangements in treasury management

and cross border structuring. For us,

the modus operandi is to provide the

support and expertise to help approved

management teams develop their business

operations.

Q: After decades of wealth creation,

your definition of legacy seems to

have shifted toward social impact.

Tell us about your work with the

AfrAsia Foundation.

Legacy is not about what you accumulate;

it is about the sustainable

systems you leave behind that create

value for others. Through the AfrAsia

Foundation, which Intrasia supports,


we run pre schools for children with

learning disabilities and are developing

the AfrAsia Children’s University.

We also provide mobile breast cancer

screening and environmental action

programs. My background is in the

social sciences, and my goal remains

to see societal improvements without

distinction of color, creed, or origin.

Q: What is the next frontier for

Intrasia Group?

Growth. We are expanding our footprint

from our hubs in Mauritius, Dubai, London,

and Singapore into New York, Hong

Kong, and Australia. The next phase is

about deeper integration, scaling our

wealth model for the mass affluent,

female, and Gen Z sectors while using

enhanced risk screening to ensure our

growth remains ethically grounded.

Graeme Robertson’s approach suggests

that the next era of global finance

belongs not to the gatekeepers, but to

those who build the most inclusive and

transparent bridges between emerging

markets.

Graeme Robertson

Founder and Chairman,

Intrasia Group


Energy


The UAE balances oil expansion with clean energy ambitions to strengthen its future global energy position.

Charting A New

Course: UAE’s Post-

OPEC Energy Outlook

The UAE is Reshaping its Energy Future through

Diversification, Production Agility, and Long-Term

Sustainability Investments.

Global energy markets are entering a

period of structural transformation as

governments balance energy security,

climate commitments, and economic

resilience. For the UAE, this transition

presents both a challenge and an opportunity.

While oil and gas remain central to

national revenues and global trade influence,

the country is accelerating investments

in renewable energy, hydrogen, and

low-carbon technologies. This evolving

approach reflects a broader strategy aimed

at preserving its position as a reliable energy

supplier while preparing for a more

diversified economic future. As OPEC+

policies continue to shape production

dynamics, the UAE is focusing on operational

flexibility, strategic investments,

and technological advancement.


The international energy sector is

facing mounting pressure from

multiple directions. Climate

targets adopted by governments worldwide

are accelerating the transition

towards cleaner energy sources, while

geopolitical tensions continue to disrupt

traditional supply chains. Volatility in

oil prices, shifting demand patterns in

Asia and Europe, and growing investments

in renewable infrastructure are

forcing oil-producing nations to rethink

long-term strategies.

The UAE remains

committed to ensuring

energy security while

accelerating sustainable

economic transformation

through innovation and

diversification.”

Dr. Sultan Ahmed Al Jaber, Minister of

Industry and Advanced Technology &

ADNOC Group CEO

The UAE has recognized that future

energy leadership will not solely depend

on crude production volumes. Instead,

competitiveness will increasingly be

shaped by diversification, innovation,

and supply reliability. This changing environment

has encouraged the country

to pursue a dual-track approach that

combines hydrocarbon expansion with

large-scale clean energy development.

The nation’s strategic positioning

also reflects a broader understanding

that energy demand will remain uneven

across regions for decades. Emerging

markets continue to require stable

hydrocarbon supplies, particularly

in sectors where alternatives remain

commercially limited. This creates an

opportunity for producers like the UAE

to maintain influence while gradually

adapting to changing consumption

trends.

UAE’S Evolving Position Within

OPEC+

The UAE continues to play a significant

role within OPEC+, balancing

commitments to market stability with

ambitions to expand production capacity.

While coordinated production

cuts have supported oil price stability

in recent years, the country has consistently

emphasised the importance of

maintaining flexibility to meet future

global demand.

Abu Dhabi has invested heavily in

increasing production capabilities

through ADNOC’s upstream expansion

plans. These investments are designed

not only to strengthen export capacity

but also to ensure that the UAE remains

competitive in a market where

lower-cost and lower-carbon producers

are expected to hold stronger long-term

positions.

The country’s diplomatic influence

within OPEC+ has also grown steadily.

The UAE has positioned itself as a

pragmatic energy player capable of

balancing international cooperation

with national economic priorities. This

balancing act allows the country to protect

revenue streams while preparing

for evolving market realities beyond

traditional production agreements.

ADNOC’S Expansion Strategy and

Upstream Investments

ADNOC remains central to the UAE’s

broader energy transformation agenda.

The company continues to expand

upstream operations while investing

in advanced technologies that improve

efficiency and reduce operational emissions.

Offshore developments, natural

gas projects, and LNG infrastructure

are receiving substantial investment as

global demand for cleaner transitional

fuels increases.

The company has also strengthened

partnerships with international energy

firms and institutional investors to

attract foreign capital and technological

expertise. These collaborations

support both production growth and

operational modernisation, enabling

ADNOC to improve competitiveness

in an increasingly complex market

environment.

Artificial intelligence and digital

technologies are playing a larger role

in production optimization. Predictive

maintenance systems, automated

monitoring platforms, and AI-driven

reservoir analysis are helping improve

operational performance while lowering

costs. These advancements are

becoming critical as energy producers

seek to maintain profitability amid

fluctuating market conditions.

Clean Energy and the Diversification

Push

Alongside hydrocarbon investments,

the UAE is accelerating its clean energy

ambitions through large-scale renewable

projects and sustainability initiatives.

Through entities such as Masdar,

the country has expanded investments

in solar, wind, and hydrogen projects

across multiple international markets.

The UAE’s Net Zero 2050 strategy

reflects its intention to become a

leader in the global energy transition

while maintaining economic stability.

Hydrogen development, carbon capture

technologies, and sustainable aviation

fuel projects are increasingly being

integrated into national industrial

planning.

Rather than reducing focus on hydrocarbons

immediately, the UAE

is pursuing a gradual diversification

model that allows traditional energy

revenues to support investments in

emerging sectors. This approach provides

economic continuity while helping

the country prepare for a lower-carbon

global economy.

Renewable energy infrastructure

is also supporting broader industrial

growth. Clean energy projects are creating

opportunities in manufacturing,

technology development, logistics, and

research, helping expand the UAE’s

non-oil economic base.

This approach defines the UAE’s

energy transition strategy, balancing

short-term hydrocarbon revenues with

long-term sustainability. The country

is building a flexible, future-ready

energy system. This strategy supports

economic resilience and reinforces

the UAE’s position as a global energy

supplier during structural shifts.


Energy News

UAE Strengthens Global Hydrogen Partnerships Under Energy Strategy

The UAE is intensifying international

cooperation in the hydrogen

sector as part of its long-term

National Hydrogen Strategy aimed at

positioning the country as a leading global

producer and exporter of low-emission

hydrogen. During the World Hydrogen

Summit & Exhibition in Rotterdam,

UAE officials highlighted efforts to

strengthen global hydrogen trade,

develop integrated supply chains, and

accelerate collaboration with international

partners across the clean energy

sector. The strategy focuses on building

a comprehensive hydrogen ecosystem

covering production, storage, transport,

and utilization while supporting climate

neutrality and energy security goals.

The UAE is also advancing policies

linked to sustainable aviation fuel and

low-emission energy solutions as part

of its broader clean energy transition.

Industry experts believe the country’s

growing investments in hydrogen infrastructure

and international partnerships

will strengthen its role within the global

low-carbon economy over the coming

decades and beyond.

Global Oil Prices

Decline By Over 4%

Oil prices dropped by more

than 4 per cent as concerns

over supply disruptions eased

amid growing optimism surrounding

diplomatic efforts in the Middle East.

Improved market sentiment reduced

fears of prolonged instability in global

energy supplies. Brent crude and West

Texas Intermediate both posted notable

declines as investors monitored

geopolitical developments, supply

conditions, and expectations around

future demand. Analysts noted that

market sentiment also contributed

to the downward pressure on prices.

Energy markets remained volatile

throughout the session, with traders

closely tracking developments linked

to the Strait of Hormuz and broader

geopolitical tensions. Hopes for progress

in negotiations helped ease pressure

on global crude markets.

Mubadala Expands Energy, AI And Asia Focus

Amid Global Uncertainty

Mubadala is strengthening its

commitment to long-term investments,

increasing its focus

on sectors such as energy, artificial

intelligence and Asian markets. The

Abu Dhabi sovereign investor believes

these industries will continue offering

strong growth opportunities even as

geopolitical and economic challenges

intensify worldwide. The firm sees AI,

energy transition projects and expanding

Asian economies as key drivers of

The Abu Dhabi Fund for Development

(ADFD) has financed

strategic projects in Jordan

worth more than AED9.4B since 1974,

supporting sectors that have helped

accelerate socio-economic progress,

strengthen infrastructure, and improve

living standards across the Kingdom.

ADFD’s development portfolio reflects

the long-standing partnership between

the UAE and Jordan through major

projects such as the Jordan Digital

Health Centre, expanded grain silo

facilities in Al Juwaideh and Aqaba,

the Amman Development Corridor, the

Sheikh Zayed Solar Power Complex

in Quweira, and the Kufranja Dam.

These projects have supported Jordan’s

priorities in healthcare, food security,

renewable energy, water resources,

and infrastructure, while promoting

future returns. At the same time, it is

maintaining a disciplined investment

strategy to navigate changing conditions

and shifting international policies.

Company executives noted that the

current global environment presents a

mix of challenges and opportunities for

institutional investors. Rising inflation,

geopolitical tensions and supply chain

disruptions continue affecting markets,

but Mubadala remains optimistic about

technology sectors.

ADFD Invests AED9.4B In Jordan’s Key Development

Projects Since 1974

sustainable and inclusive economic

growth.


Mubadala Energy Supports USD 9.75B Financing Deal for US LNG Project

Mubadala Energy, a fully owned

subsidiary of Mubadala

Investment Company, has

partnered with investors including

Kimmeridge and CPP Investments

in a USD9.75B project financing deal

for Commonwealth LNG, a liquefied

natural gas export facility being developed

by US energy company Centaur

in Louisiana.

The upcoming LNG facility is

designed to produce 9.5 million tonnes

annually.

Holding a 24.1 per cent interest in

the Caturus platform, Mubadala Energy

is also participating as an equity

investor in the financing arrangement.

The funding enables Caturus to move

ahead with construction after securing

total equity and debt commitments

worth USD21.25B. The first phase of

the project is projected to deliver more

than USD3B in annual export revenues

once commercial operations commence

in 2030, the Abu Dhabi-backed

company said.

Mubadala Energy Nears

Final Investment Decision

For Indonesia Gas Project

Mubadala Energy is expected to

announce a final investment

decision within the coming

months for its Tangkulo gas development

project located in Indonesia’s South

Andaman block. The offshore project is

considered strategically important for

Indonesia’s long-term energy security

and forms part of Mubadala Energy’s

broader expansion plans across

Southeast Asia. The company has been

accelerating development activities

following major gas discoveries in the

Andaman Sea, including the Layaran

and Tangkulo fields, which together

hold multi-trillion cubic feet of gas

resources. Industry experts believe the

project could strengthen regional gas

supply while supporting Indonesia’s

efforts to reduce reliance on imported

energy. Mubadala Energy has also

continued expanding its exploration

footprint in the region through additional

Andaman acreage acquisitions.

Analysts expect the project to play a

significant role in boosting future gas

production and supporting long-term

economic growth across Indonesia’s

energy sector.

UAE and India Sign AI, Energy, and Defence Deals

The UAE and India have reinforced

bilateral relations after signing

a series of agreements focused

on energy, artificial intelligence and

defence cooperation, while Emirates

NBD announced a USD 3B investment

commitment in India. The agreements

were finalised during Indian Prime

Minister Narendra Modi’s visit to Abu

Dhabi, where discussions with UAE

President Mohamed bin Zayed Al

Nahyan centred on expanding strategic

collaboration across key sectors. Both

countries signed partnerships covering

defence cooperation, advanced

technology, maritime security and AI

innovation, alongside initiatives aimed

at strengthening long-term energy

security and economic ties. The UAE

also agreed to expand its participation

in India’s strategic petroleum reserves

through a partnership.

Abu Dhabi Allocates USD 43.6B As Clean Energy

Contribution Exceeds 45%

Abu Dhabi has outlined plans to

invest close to USD43.6bn over

the next five years to fast-track

its energy transition, with clean and

renewable sources now contributing

over 45% to the emirate’s total energy

mix. This move supports wider strategic

objectives to increase the share of clean

energy to 60%, aligning with the UAE’s

Net Zero 2050 agenda and reinforcing a

sustained shift towards more sustainable

energy systems. Authorities indicated

that the investment drive will play a key

role in strengthening energy security,

improving system resilience, and enabling

economic growth through a more diversified,

low-carbon energy portfolio. The

broader transition roadmap prioritises

the expansion of renewable capacity

alongside the adoption of advanced

technologies, positioning Abu Dhabi as

a leading force in regional clean energy

innovation and long-term sustainability

goals across multiple sectors.


Business


Companies across the UAE are embracing agile operations to remain competitive in rapidly evolving global markets.

Corporate Agility and

Strategic Adaptation

in Rapid Markets

Businesses are Redefining Resilience through

Faster Decision-Making, Digital Transformation,

and Adaptive Long-Term Growth Strategies.

Rapid market disruption is reshaping how

businesses operate worldwide. Economic

uncertainty, technological advancement,

shifting consumer expectations, and

geopolitical volatility are forcing organizations

to rethink traditional business

models and long-term strategies. In the

UAE, companies are prioritising agility

as a key driver of competitiveness and

resilience. Businesses that once relied

on rigid operational structures are now

embracing faster decision-making, digital

transformation, and adaptive leadership

models to remain relevant in evolving

markets. As industries continue facing

accelerating change, organizations that

respond quickly and strategically are positioning

themselves for stronger longterm

success.


Modern businesses are operating

in an environment defined by

continuous disruption. Supply

chain instability, inflationary pressures,

changing regulatory frameworks, and

technological breakthroughs are reshaping

industries at unprecedented

speed. Consumer behavior has also

evolved significantly, with customers

demanding greater personalization,

convenience, and digital engagement

from brands.

The pace of transformation has made

long-term predictability increasingly

difficult. Companies can no longer

depend solely on traditional planning

cycles or static operational structures.

Instead, organizations are being forced

to adopt flexible strategies that allow

them to respond rapidly to emerging

risks and opportunities.

In the UAE, this shift is particularly

visible across sectors such as retail,

logistics, banking, healthcare, and

technology. Businesses are accelerating

investments in digital infrastructure

while reassessing operational priorities

to improve responsiveness and

maintain market relevance.

Why Corporate Agility Has Become

a Business Imperative

Corporate agility has evolved from a

competitive advantage into a strategic

necessity. Organizations that can

make faster decisions, adapt business

models quickly, and respond effectively

to market shifts are better positioned

to sustain growth during periods of

uncertainty.

The post-pandemic business environment

highlighted the importance

of flexibility across all aspects of

operations. Companies with agile

structures were able to adjust supply

chains, implement remote working

systems, and adopt digital customer

engagement strategies more effectively

than competitors with rigid frameworks.

Agility also enables businesses to

identify emerging trends earlier and

act on them with greater confidence.

This responsiveness is becoming increasingly

valuable as industries experience

shorter innovation cycles and

heightened competition.

For many UAE-based organizations,

agility now extends beyond operational

efficiency. It is influencing investment

planning, talent acquisition, customer

experience strategies, and long-term

expansion initiatives.

Digital Transformation as a Driver

of Adaptation

Digital transformation is playing a

central role in helping organizations

navigate rapid market changes. Artificial

intelligence, cloud computing,

automation, and advanced analytics are

enabling businesses to improve efficiency

while enhancing decision-making

capabilities.

Companies are increasingly using

data-driven insights to predict consumer

behavior, optimize operations,

and identify growth opportunities.

Real-time analytics platforms are

improving responsiveness, allowing

businesses to adapt strategies more

quickly in changing market conditions.

Automation technologies are also

streamlining repetitive processes,

reducing operational costs, and improving

productivity. In sectors such

as banking and retail, digital platforms

are transforming customer engagement

by offering faster, more personalized

services.

Cybersecurity and digital resilience

have become equally important as organizations

expand digital operations.

Businesses are investing heavily in

secure infrastructure and risk management

systems to protect operations

from cyber threats and maintain customer

trust.

In the UAE, government-led digital

economy initiatives are further accelerating

corporate transformation by

encouraging innovation, AI adoption,

and smart infrastructure development

across industries.

Leadership in High-Speed Markets

Leadership agility is becoming one of

the most important characteristics of

successful organizations. Traditional

top-down decision-making structures

are gradually giving way to more collaborative

and adaptive leadership

approaches.

Executives are increasingly expected

to make rapid decisions while

managing uncertainty and long-term

strategic priorities simultaneously.

This requires leaders to remain flexible,

innovation-focused, and responsive to

changing business conditions.

Many organizations are also decentralizing

decision-making processes

to improve responsiveness across

departments. Empowering teams to act

independently can accelerate innovation

and improve operational efficiency

during periods of disruption.

Corporate culture plays a critical role

in supporting agility. Businesses that

encourage experimentation, continuous

learning, and cross-functional collaboration

are often better equipped to adapt

to changing markets. Companies are

recognizing that innovation depends

not only on technology investments

but also on organizational mindset

and leadership philosophy.

Agility is no longer

optional for businesses

navigating disruption,

innovation, and changing

customer expectations.”

H.E. Omar Sultan Al Olama, UAE Minister

of State for Artificial Intelligence, Digital

Economy and Remote Work Applications

To conclude, corporate agility is increasingly

shaping how organizations

operate in an environment defined by

constant disruption and rapid change.

Businesses that integrate flexible

operating models, data-driven decision-making,

and adaptive strategies

are better equipped to respond to uncertainty

while sustaining performance.

As competition intensifies across

global markets, the ability to combine

speed, innovation, and resilience will

remain central to long-term success

and continued relevance in evolving

industries going forward.


Interview

MANOJ SUREKA

CEO & Managing Partner,

Synergy Fin. Consulting


How High-Net-Worth Individuals

Are Diversifying Their Portfolios

As global financial markets evolve and economic uncertainty reshapes investment strategies, diversification has become a

central priority for high-net-worth individuals seeking to preserve and grow their wealth. With traditional asset classes facing

new pressures from fluctuating interest rates to market volatility, wealthy investors are increasingly adopting broader and

more sophisticated portfolio strategies that extend beyond conventional stocks and bonds.

To gain insights into how affluent investors are approaching diversification in today’s dynamic market environment, Finance

World spoke with Manoj Sureka, CEO & Managing Partner of Synergy Fin. Consulting. His firm provides fundraising

advisory, mergers and acquisitions guidance, and joint venture support for SMEs and corporates, connecting clients with

banks, financial institutions, and investors to unlock strategic capital opportunities and long-term growth.

Exclusive Interview

Q: In today’s uncertain global economic

environment, why has diversification

become even more important

for high-net-worth individuals?

Diversification has always been central to

wealth preservation, but in today’s environment,

it has become even more critical.

With inflation pressures, shifting interest

rates, and geopolitical uncertainties influencing

markets, relying on a narrow set

of assets exposes portfolios to greater

risk. High-net-worth individuals are increasingly

adopting multi-asset strategies

that balance growth opportunities with

stability, ensuring their wealth remains

resilient across different economic cycles.

Q: Beyond traditional stocks and

bonds, what asset classes are wealthy

investors increasingly exploring?

Many high-net-worth investors are expanding

their portfolios into alternative

investments. These include private equity,

private credit, infrastructure, and real

estate, which often offer diversification

benefits and potentially higher long-term

returns. Additionally, sectors driven by

long-term global trends such as technology

innovation, renewable energy, and

healthcare are attracting growing interest.

Q: How important are global investments

in portfolio diversification

today?

Geographic diversification has become an

essential component of modern wealth

management. Investors are increasingly

looking beyond their domestic markets to

access growth opportunities in emerging

economies and established financial centres

alike. Allocating capital across different

regions helps mitigate country-specific

risks while allowing investors to benefit

from global economic expansion.

Q: What role do alternative investments

play in the portfolios of highnet-worth

individuals?

Alternative investments play a significant

role in enhancing portfolio resilience.

Assets such as private equity, venture

capital, hedge funds, and real estate tend

to have lower correlation with public

markets. This means they can provide

stability and potentially stronger returns

during periods when traditional markets

experience volatility.

Q: How are high-net-worth investors

balancing risk and long-term growth?

The key lies in strategic asset allocation

and disciplined investment frameworks.

Many investors adopt a core, satellite

approach, where a stable core portfolio is

complemented by higher-growth opportunities

in alternative assets or emerging

sectors. This structure allows them to

pursue long-term growth while maintaining

a strong foundation of stability

and liquidity.

Q: Technology and data analytics

are transforming finance. Are they

influencing how wealthy investors

diversify?

Absolutely. Technology has significantly

enhanced the way investors analyse

markets and manage risk. Advanced data

analytics and AI-driven insights enable

investors to assess portfolio performance,

identify correlations between assets, and

detect emerging trends much earlier. This

allows for more informed and proactive

diversification strategies.

Q: From a strategic perspective, what

mindset should high-net-worth investors

adopt when building diversified

portfolios?

The most successful investors focus on

long-term value creation rather than shortterm

market fluctuations. Diversification

should not simply be about adding more

assets but about selecting investments

that complement each other and align

with a clear investment thesis. Patience,

discipline, and strategic allocation remain

the foundations of effective wealth management.

Volatility

encourages

investors

to think

strategically,

diversify wisely,

and strengthen

their long-term

investment

approach.”


Business News

Abu Dhabi Security Exhibition Records 19% Increase in Exhibitors

Abu Dhabi 2026 has attracted strong

international participation and a

broad global presence, reinforcing

its status as a key international platform

dedicated to national security and risk

prevention, according to Saeed bin

Khadem Al Mansoori, Advisor for Military

and Defence Exhibitions at ADNEC

Group. Al Mansoori stated that the ninth

edition of the International Exhibition for

UAE Boosts Status as

Global Entrepreneurship

Hub

The UAE continues to reinforce its

standing as a leading destination

for company formation and

entrepreneurship, supported by a strong

legislative framework, advanced digital

and logistics infrastructure, and flexible

economic policies. Moreover, these

factors have strengthened the country’s

ability to attract talent, investment, and

startups, allowing it to compete with

major global economies. Specialists

and executives said the UAE’s strong

performance in international business

formation and entrepreneurship indicators

reflects the success of its economic

model. Additionally, they noted that the

country has built an integrated ecosystem

that supports growth, scalability, and

global expansion. Diana Cichy, Founder

and Chief Executive Officer of CICHE

International Trade & Investment,

specializing in international trade, said

the UAE remains among the world’s most

attractive destinations for business due to

its strategic geographic position linking

Europe, Asia and Africa.

National Security and Resilience (ISNR

Abu Dhabi 2026) features 253 companies

from around the world, with international

exhibitors accounting for 40 percent of

participants and representing 37 countries.

He added that this year’s edition has

welcomed participation from nine new

countries, highlighting the exhibition’s

global footprint and influence within the

international security sector.

Powering UAE Growth Through BUiD–Leeds

Project Leadership Program

The UAE has long been defined

by the vision and leadership that

delivered some of the world’s most

iconic landmark projects, setting global

benchmarks in execution, ambition, and

delivery excellence across sectors. Today,

this leadership is even more critical as the

wider region continues to face geopolitical

uncertainty, supply chain disruption,

cyber risks, energy market volatility, and

rapidly changing security and economic

conditions. These developments are no

longer distant external factors; they

directly influence how organizations

plan, deliver, protect, and sustain their

operations. In this environment, project

leadership has fundamentally evolved

– now defined by the ability to operate

within interconnected, multi-stakeholder

environments and translate strategic

priorities into measurable outcomes

amid disruption.

Air Arabia posts $75.54M net profit in Q1 2026

Air Arabia (PJSC), the Middle

East and North Africa’s first and

largest low-cost airline operator,

has released its financial and operational

performance for the first quarter. The

airline posted a net profit of AED278

million in Q1 2026, down 22 percent

from AED355 million recorded during

the same period in 2025. The decline was

attributed to the ongoing regional conflict,

which significantly affected capacity

levels due to airspace shutdowns and

temporary operational limitations. Air

Arabia generated AED1.8 billion in revenue

during the opening quarter of 2026,

reflecting a marginal 1 percent increase

year-on-year. Over the same period, the

carrier served 4.7 million passengers

across its operating hubs, representing

a 5 percent decline compared to the first

quarter of last year. Operational efficiency

remained broadly stable.


PureHealth Q1 Revenue Hits $2 BN as Global Expansion Boosts Growth

PureHealth reported solid

first-quarter 2026 results, supported

by sustained demand

across its core markets and rising

contributions from its international

portfolio. Moreover, the performance

reinforced the Group’s strategy of

geographic diversification. Revenue

increased 10% year-on-year to AED 7.3

billion ($2 billion), driven by growth in

its international Care portfolio and the

Cover insurance vertical. Additionally,

EBITDA rose 5% to AED 1.2 billion

($327 million), reflecting continued

expansion across global markets and

the strength of the operating model.

Net profit reached AED 415 million

($113 million) in Q1 2026. However,

the result reflected the impact of

regulatory developments under the

Unified Purchasing Programme during

the period.

UAE Emerges As Leading

Global Hub For Startups

And Business Growth

The UAE has reinforced its standing

as one of the world’s leading

destinations for startups and

business expansion, driven by its

investor-friendly policies, advanced

infrastructure, and innovation-focused

economic strategy. The country

continues to attract entrepreneurs,

global investors, and high-growth

companies seeking access to regional

and international markets. Strong government

support, simplified business

regulations, and initiatives promoting

technology and digital transformation

have helped position the UAE as a

competitive global business hub. Cities

including Dubai and Abu Dhabi

are increasingly recognized for their

vibrant startup ecosystems, access to

funding opportunities, and strategic

geographic location connecting Asia,

Europe, and Africa.

e& Posts AED 19.4 Billion Q1 Revenue, up 15.1%

YoY

e& posted a strong start to 2026,

reporting robust first-quarter financial

results that underscored

its continued expansion across core

markets and its broader digital strategy.

The Group’s consolidated revenue

reached AED 19.4 billion, reflecting

15.1 per cent year-on-year growth.

Consolidated net profit rose to AED

2.9 billion, up 3.9 per cent year on

year, excluding the gain from the sale

of Khazna. EBITDA also increased by

16.5 per cent year-on-year to AED 8.6

billion. The Group’s subscriber base

maintained its upward trajectory,

rising 30.8 per cent year-on-year to

248.0 million. In its home market, e&

UAE continued to perform strongly,

with its subscriber base reaching 16.6

million. This growth was supported by

the adoption of next-generation connectivity

solutions and AI applications.

Mashreq Introduces One-Day UAE Business

Account Opening With AED 1,000 Cashback Offer

Mashreq has launched a new

digital banking service that

allows eligible businesses in

the UAE to open a corporate bank

account within one working day

through its NEO BIZ platform. The

bank stated that customers who do

not receive account approval within

the promised timeframe may qualify

for an AED1,000 cashback, subject

to eligibility requirements and terms.

The initiative is designed to simplify

and accelerate the onboarding process

for startups and SMEs by using AI-enabled

verification systems, electronic

KYC procedures, and integration with

government platforms. Customers will

also gain access to digital banking tools,

local transfers, and flexible subscription

packages without minimum balance

requirements. The move highlights the

growing focus among UAE banks on

improving digital banking efficiency and

supporting entrepreneurs with faster

access to financial services.


50 Most Influential Business Women 2026

Legacy is not simply inherited – it is

shaped, strengthened, and reimagined

by those entrusted with its future. The

50 Future Architects of Legacy 2026

recognizes the next generation of

business leaders who are building upon

established foundations while charting

new paths for growth, innovation,

and long-term impact. From family

enterprises and diversified conglomerates

to pioneering businesses, these

individuals are driving transformation

across industries, embracing new

opportunities, and ensuring enduring

relevance in a rapidly evolving world.

Through strategic vision, responsible

leadership, and a commitment to excellence,

they are not only preserving

legacies but creating new ones that will

influence future generations.



Abbas

Sajwani

Board Member

DAMAC Properties

Abbas Sajwani serves as Board Member of DAMAC

Properties and Founder and CEO of AHS Properties,

bringing a sharp entrepreneurial vision to two of the

UAE’s most prominent real estate organizations. Raised in

Dubai, he founded AHS Properties in 2021 after identifying

growing demand from international investors seeking capital

preservation, lifestyle and long-term value.

Specializing in bespoke waterfront residences and premium

developments for ultra-high-net-worth investors, the

company has rapidly established itself as a prominent name

in Dubai’s luxury market. Drawing on his understanding of

development strategy and asset creation, Sajwani continues

to emerge as one of the UAE’s most compelling real estate

leaders to watch in future.

Abdul Hamied

Seddiqi

Chairman

Seddiqi Holding

Abdul Hamied Seddiqi serves as Chairman of Seddiqi

Holding, one of the Middle East’s most respected

family enterprises with interests spanning luxury

retail, horology services, real estate management, and

strategic investments. He oversees the Group’s long-term

growth strategy and flagship businesses, driving expansion

and operational excellence.

Under his leadership, Ahmed Seddiqi has strengthened its

position as the region’s leading luxury watch and jewellery

retailer, representing more than 100 international brands.

Through a focus on strategic partnerships and market insight,

Seddiqi continues to shape the evolution of luxury retail and

horology across the Middle East, while setting new standards

for excellence.


Abdulla Saeed

Juma Al Naboodah

Executive Director

Saeed & Mohammed Al Naboodah Group

Highlights

Established In

1958

Group Companies

15

Employees

2800+

Abdulla Saeed Juma Al Naboodah serves as Chairman of

Al Naboodah Construction Group LLC and Executive

Director of the Saeed & Mohammed Al Naboodah Group,

one of the UAE’s oldest and most respected family-owned

conglomerates. The Group has interests across construction,

transportation, automotive, real estate, and investments,

while its construction arm has delivered major infrastructure

projects including airports, urban developments, and largescale

transport networks across the UAE.

He oversees the strategic direction and long-term growth

of the Group’s businesses, drawing on extensive experience

in construction, investment, and corporate leadership.

He is also the founder of Phoenix Capital, a Dubai-based

investment firm focused on private equity, venture capital,

real estate, and oil and gas opportunities, with an emphasis

on sustainable and diversified investments across regional

and global markets.

Beyond business, Al Naboodah has played an active role

in advancing the UAE’s sports sector. His previous positions

include Vice Chairman of the Emirates Golf Federation and

Director of the Dubai Sports Council. He currently serves

as Non-Executive Director of The European Tour Group

and founded Dubai Basketball, further contributing to the

development of professional sport in the region.

Dubai is one of the most powerful brands

in the world.”


Adel

Sajan

Group Managing Director

Danube Group

Highlights

Established In

1993

Countries

35+

Employees

6,000+

Adel Sajan, Group Managing Director of Danube Group,

has played a pivotal role in driving the organization’s

growth across its diverse business verticals, including

Danube Properties, Danube Home, Danube Hospitality,

and Danube Sports World. As a second-generation leader, he

has been instrumental in shaping the Group’s evolution into

one of the region’s most dynamic enterprises, spearheading

innovation, design excellence, digital transformation, and

expansion across the GCC.

At Danube Properties, Adel has been a key driving force

behind the company’s growth. His vision has helped redefine

luxury living in the UAE through innovative design, technology-driven

initiatives, and lifestyle-focused communities. He

has also championed the integration of artificial intelligence

and virtual reality to enhance customer engagement and

elevate the homebuying experience.

Prior to this, Adel successfully led the expansion of

Danube Home, transforming it into a leading home improvement

and furnishing brand. A former Shark on Shark

Tank Dubai, he continues to champion innovation and entrepreneurship,

playing a significant role in strengthening

Danube Group’s reputation as a leading regional enterprise.

At Danube Properties, our vision is to

redefine modern living through communities

that seamlessly blend lifestyle, luxury, and

everyday convenience.”


Ali

Sajwani

Managing Director

DAMAC Properties

Ali Sajwani serves as Managing Director of Operations,

Finance, and Hospitality at DAMAC Properties, one

of the region’s leading real estate developers. He

oversees several key business functions, including finance,

CRM, communications, direct sales, information technology,

handovers, collections, and hospitality operations.

Under his leadership, the company has streamlined core

operations, enhanced sales performance, reduced acquisition

costs, and implemented technology-driven systems to

improve efficiency and scalability. His focus on innovation,

governance, and customer experience continues to support

DAMAC’s long-term growth and market leadership. He is also

involved in advancing digital transformation initiatives that

support the evolving needs of real estate investors.

Alisha

Moopen

Managing Director & Group CEO

Aster DM Healthcare

Alisha Moopen serves as Managing Director and Group

Chief Executive Officer of Aster DM Healthcare, where

she has played a pivotal role in the company’s growth

and transformation since joining in 2013. After overseeing GCC

operations and serving as Managing Director, she assumed

the role of Group CEO following a significant milestone in

the company’s evolution.

Under her leadership, Aster has strengthened its position

as a leading integrated healthcare provider in the GCC. A

chartered accountant by training, Moopen is also a strong

advocate for women’s leadership, having launched Aster’s

Women in Leadership programme to nurture future female

leaders and advance inclusive leadership across the organization

and wider healthcare sector.


Amina

AlRostamani

Director and COO

AW Rostamani Group

Dr. Amina Abdul Wahid Al Rostamani is a distinguished

Emirati business leader recognized for her strategic

leadership across real estate, operations, and corporate

development in the UAE. As Executive Board Member,

Director, and Chief Operating Officer of AW Rostamani Group,

she oversees shared corporate services and operational functions,

driving efficiency, governance, and long-term growth.

Dr. Amina also serves as Chief Executive Officer of AWR

Properties, leading the company’s real estate strategy and

development initiatives. Her experience spans sectors including

mobility, logistics, lifestyle, travel, agritech, and property

development, while her previous leadership roles and board

positions have contributed significantly to business growth

and economic development across the UAE.

Amira

Sajwani

Managing Director, Founder, & CEO

DAMAC Properties and PRYPCO

Amira Sajwani serves as Managing Director of Sales

and Development at DAMAC Properties, the largest

private real estate developer in the UAE and the Middle

East. She oversees the full lifecycle of some of the region’s

most prominent real estate developments, from concept

and design through to construction, sales, and marketing.

In addition, Amira is the Founder and CEO of PRYPCO, the

first all-digital ownership real estate platform in MENA.

Through PRYPCO, she is focused on simplifying property

ownership, removing traditional barriers to entry, and building

a more transparent and efficient real estate ecosystem. Amira’s

leadership sits at the intersection of traditional real estate and

emerging infrastructure, bridging institutional development

with digital platforms that are redefining ownership models.


Ankur

Dana

Chief Executive Officer

DANA Group

Dr. Ankur Dana serves as Chief Executive Officer of

Dana Group, a Dubai-headquartered conglomerate with

interests spanning steel, oil and petrochemicals, real

estate, healthcare, and hospitality. He oversees the Group’s

strategic direction and long-term growth initiatives, driving

diversification and expansion across multiple sectors.

A qualified medical practitioner, Dr. Dana transitioned into

business leadership after joining the Group in 2005, gaining

experience across operations, accounting, and management.

He later completed an MBA in Finance and Operations and

played a key role in establishing the Group’s value-added

steel manufacturing division. His leadership and focus on

operational excellence continue to support Dana Group’s

growth and regional prominence.

Ashish

Panjabi

Chief Operating Officer

Jackys Group of Companies

Ashish Panjabi serves as Chief Operating Officer of

Jacky’s Business Solutions, a leading provider of

technology-driven enterprise solutions across the

UAE. He oversees a diverse portfolio spanning robotics,

visitor management, 3D printing, graphics, and education

technologies, helping organizations accelerate innovation

and digital transformation across multiple industries.

In addition, he oversees Jacky’s Retail, strengthening the

group’s presence in consumer technology and electronics.

Through his leadership and active involvement in industry

and entrepreneurship organizations, Panjabi continues to

champion technology adoption, innovation, and sustainable

business growth across the evolving region and broader

market landscape.


Badr

Jafar


Crescent Enterprises

Badr Jafar serves as Chief Executive Officer of Crescent

Enterprises and Managing Director of Crescent

Group, overseeing a diversified portfolio spanning

energy, infrastructure, technology, real estate, and industrial

investments. He leads the strategic direction and long-term

growth of the Group’s businesses, with a focus on innovation,

sustainability, and responsible investment.

A strong advocate for climate action and economic resilience,

Jafar has championed initiatives supporting clean

energy and social impact. Alongside his business leadership,

he actively promotes education, entrepreneurship, youth

empowerment, and community development across the region.

His work continues to support sustainable development

goals across the region.

Deepak

Pagarani


Al Maya Group

Deepak Pagarani serves as Group Executive Director

of Al Maya Group, one of the region’s leading FMCG

distribution and retail organizations. He oversees the

company’s growth strategy, retail operations, distribution

network, and logistics functions. Under his leadership, Al

Maya Group has strengthened its regional presence through

an extensive network of retail stores and advanced warehousing

facilities.

With a focus on operational excellence, digital transformation,

and strategic partnerships, Pagarani has championed

technology-driven improvements that enhance efficiency,

supply chain performance, and customer service. His leadership

continues to support the company’s long-term growth

and competitiveness across regional markets.


Dino

Varkey

Group Chief Executive Officer

GEMS Education

Dino Varkey serves as Group Chief Executive Officer

of GEMS Education, one of the world’s largest private

education providers. He oversees the organization’s

long-term vision, strategy, and international growth, supporting

a diverse network of schools and education initiatives

across multiple markets.Representing the third generation of

a family dedicated to expanding access to quality education,

Varkey has continued to strengthen GEMS Education’s position

through a focus on innovation, student development,

and future-ready learning.

Beyond his executive role, he actively contributes to

global discussions on education, leadership, and workforce

development, helping shape the future of learning worldwide

across diverse education markets.

Georges

Khouzami


Al Thuriah Group

Georges Khouzami serves as Chief Executive Officer

of Al Thuriah, a leading real estate developer in the

region. He oversees strategic initiatives, operational

performance, and business growth, supporting the company’s

continued expansion across the residential and commercial

property sectors.

With extensive experience in real estate development

and business operations, Khouzami focuses on enhancing

service quality, customer experience, and project delivery

standards. His commitment to operational excellence and

client satisfaction continues to strengthen Al Thuriah’s

market position while supporting the delivery of high-quality

developments across the region and creating long-term value

for stakeholders.


Hrishikesh

Datar

Director HR Legal & Procurement

Adil Trading

Hrishikesh Datar serves as Director of HR, Logistics

& Procurement at Adil Trading, a leading regional

trading and distribution company. He oversees the

company’s human resources, legal, and procurement functions,

supporting operational efficiency, workforce development,

and long-term business growth.

Having gained experience across multiple departments, he

has played a key role in strengthening workplace culture and

advancing the company’s digital transformation initiatives

through the adoption of modern technologies. With a focus on

employee development, innovation, and sustainable growth,

Hrishikesh continues to support Adil Trading’s expansion and

competitiveness across regional and international markets

over the years.

Jasem Abdulla

Al Nowais

Chairman

Al Nowais Group

Abdullah Jassim Nasser Al Nowais serves as Chairman

of Al Nowais Group, carrying forward the legacy of

one of the UAE’s most respected business families.

Having gained early commercial experience working alongside

his late father, Jassim Nasser Al Nowais, he has played

a key role in advancing the Group’s business interests and

long-term growth.

Prior to establishing Al Nowais Group, he held positions

at Abu Dhabi Investment Authority and ADNOC, building

expertise in investment and corporate leadership. He holds

a Bachelor’s degree in Business Administration and Public

Administration from Lewis & Clark College in Oregon,

United States, and continues to support strategic business

development across multiple sectors.


John Paul

Alukkas

CEO

Joyalukkas Jewellery

John Paul Alukkas does not chase growth for numbers.

He builds it patiently, precisely, and with a clear vision.

As CEO of Joyalukkas Jewellery, he has led the brand

into its 12th country with Australia and has Canada and New

Zealand in sight. Under his leadership, over 190 showrooms

across four continents operate with a hyper-localised approach.

Beyond expansion, he has strengthened digital retail through

e-commerce and AI-driven customer engagement, ensuring

trust travels across screens and borders.

A mentor at heart, he nurtures future leaders, guided by

a simple belief: creativity and adaptability are paramount.

For John Paul, legacy is not something you inherit – it is

something you build, one confident decision at a time.

Khalid

Al Tayer

Managing Director

Al Tayer Group

Khalid Al Tayer serves as Managing Director of Al

Tayer Insignia and Chief Executive Officer of Ounass,

overseeing the Group’s luxury retail and e-commerce

operations. He leads strategic initiatives focused on digital

innovation, omnichannel growth, and customer experience,

supporting the continued evolution of the company’s retail

platform.

Under his leadership, Ounass has emerged as a leading

luxury e-commerce destination, recognized for its focus on

personalization, digital clienteling, and premium service

standards. Through strategic partnerships with global luxury

and lifestyle brands, Al Tayer continues to drive innovation,

operational excellence, and long-term growth across both

physical and digital retail channels.


Khalid Juma

Al Majid

Vice Chairman

Juma Al Majid Holding Group

Khalid Juma Al Majid serves as Vice Chairman of Juma Al

Majid Holding Group, where he has been instrumental

in steering the organization into new levels of success

since joining the family enterprise founded by his father,

H.E. Juma Al Majid. Building on a legacy spanning over

seven decades, he has played a central role in diversifying

the group’s portfolio across commercial, contracting, real

estate, travel, and investment sectors.

Guided by a commitment to sustainable growth and value

creation, he also serves as a board member of Dubai Chambers

and has previously held roles at the Central Bank of

the UAE, Emirates NBD, and Commercial Bank of Dubai.

His experience continues to support the Group’s long-term

strategic development and governance priorities.

Kunal

Lahori

Managing Partner

Palmon Group

Kunal Lahori serves as Managing Partner of Palmon

Group, overseeing the growth and strategic direction

of the company’s industrial and logistics real estate

portfolio. He leads initiatives focused on developing institutional-grade

logistics and industrial assets that support trade,

e-commerce, and supply chain expansion across the UAE.

Through his leadership roles at Palmon Group and Manrre

Logistics Fund, Lahori has focused on building high-quality

logistics infrastructure with an emphasis on operational

efficiency, asset performance, and long-term value creation.

His commitment to innovation, data-driven decision-making,

and tenant-focused development continues to strengthen

the company’s position within the region and support future

sector growth.


Kush

Bhatia

Executive Director

Conares

Kush Bhatia serves as Director at Conares, a leading

UAE-based private steel manufacturer, where he oversees

sales and marketing strategy while supporting

the company’s long-term growth and market expansion.

He plays a key role in strengthening Conares’ position as a

key supplier to the construction and infrastructure sectors,

contributing to a wide range of projects across the UAE.

Under his leadership, the company has strengthened its

presence in international markets and enhanced the visibility

of UAE-manufactured steel products, while reinforcing

its focus on quality and customer service. By combining

commercial expertise with a focus on innovation and manufacturing

excellence, Bhatia continues to support Conares’

growth and regional competitiveness.

Mahesh

Shahdadpuri

Director

Nikai Group

Mahesh Shahdadpuri serves as Director of Nikai

Group of Companies and Founder and CEO of TASC

Outsourcing, bringing entrepreneurial depth across

two distinct industries. Armed with an MBA in Marketing and

Entrepreneurship from Boston University, he founded TASC

in 2007, scaling it into one of the Middle East’s leading staffing

and HR solutions providers across multiple GCC markets.

Under his leadership, TASC has embraced digital transformation

through platforms including TascTemp.com and the

AI-enabled TASC360 system, streamlining hiring, onboarding

and compliance processes. His ability to combine technology

with scalable workforce solutions has positioned him among

the region’s most recognized business leaders in human

capital and outsourcing.


Masaood Ahmed

Al Masaood

President

Al Masood Group

His Excellency Masaood Ahmed Al Masaood serves

as President of the Al Masaood Group, one of Abu

Dhabi’s oldest and most diversified family-owned

business conglomerates. Established more than five decades

ago, the Group has played a historic role in supporting the

UAE’s industrial development and was involved in early

pioneering engineering milestones, including Abu Dhabi’s

first gas turbine and desalination plant.

Under his leadership, the Group has continued to expand

across multiple sectors, building on this legacy of national

contribution while focusing on sustainable growth, innovation,

and long-term value creation. He continues to guide

the organization’s strategic direction in line with the UAE’s

evolving economic landscape.

Meher

Mirchandani

Managing Director

Palmon Group

Meher Mirchandani serves as Managing Partner at

Palmon Group, where she plays a key role in shaping

strategy for the Group’s logistics-focused real estate

investments across the UAE. She is also Co-Founder of Manrre

Logistics Fund, an institutional-grade logistics real estate investment

platform established in 2018 in partnership with her

family, focused on warehousing and industrial assets aligned

with the region’s growing trade and e-commerce sectors.

Through her work across Palmon Group and Manrre, she

has contributed to the development of logistics real estate

solutions designed to support long-term value creation, operational

efficiency, and sustainable growth. Her leadership

spans investment strategy, portfolio development, and organizational

growth within the family enterprise ecosystem.


Mohamed

Al Ansari

Chairman

Al Ansari Financial Services

Mohamed Al Ansari serves as Chairman of Al Ansari

Financial Services, transforming the business into

the UAE’s largest foreign exchange and remittance

company. He oversees the Group’s strategic direction and

long-term growth across its financial services network. Since

the early 1980s, he has lead the family business and strengthened

its market position, expanding services in remittances,

foreign exchange, and payments.

He is also the Founding Chairman of the Foreign Exchange

and Remittance Group (FERG), established with the UAE

Central Bank. He has contributed to shaping industry coordination

and advancing the UAE’s financial services sector

through improved regulation, innovation, and financial

inclusion.

Mohammad

A. Baker

Deputy Chairman and CEO

Gulf Marketing Group (GMG)

Mohammad A. Baker serves as Deputy Chairman and

Chief Executive Officer of GMG, a global well-being

company with diversified interests across sport,

food, health, and consumer sectors. He oversees the Group’s

strategic direction and international expansion, guiding

its transformation from a regional retail business into a

multi-vertical organization with a strong global footprint.

He is driving a company-wide digital transformation focused

on unified commerce, cloud-first infrastructure, and

data-driven operations. By integrating AI, analytics, and advanced

technology systems, Baker has strengthened GMG’s

customer experience, operational efficiency, and scalability,

positioning the Group for continued global growth and longterm

success.


Mohammad

BinHendi

Deputy Chairman

BinHendi Enterprises

Mohammad BinHendi serves as Vice President of

BinHendi Enterprises, where he contributes to the

Group’s strategic direction, operational development,

and long-term growth initiatives. Since joining the organization

in 2014, he has gained experience across operations,

human resources, and marketing, while supporting key

transformation and organizational restructuring projects.

He plays an active role in driving innovation, improving

operational efficiency, and identifying new opportunities. Reflecting

his entrepreneurial mindset, he founded Success, an

education-focused startup, and has been involved in ventures

spanning fintech, blockchain, cryptocurrency, medtech, and

e-commerce. His focus on emerging technologies continues

to support the Group’s future growth.

Muhammad

BinGhatti

Chairman

Binghatti

Muhammad BinGhatti serves as Chairman of Binghatti

Holding, one of the UAE’s most recognizable real estate

developers known for its distinctive architectural

identity and large-scale projects across Dubai. He oversees

the Group’s strategic direction and long-term growth, guiding

its expansion across residential and mixed-use developments.

Under his leadership, the company has built a multi-billion-dirham

portfolio focused on design-led innovation and

efficient urban living. He has also pioneered the brand’s

expansion into branded residences through strategic collaborations

with global luxury partners. By positioning Binghatti

around innovation, rapid delivery, and strong investment

appeal, BinGhatti continues to shape its growth as a leading

player in Dubai’s luxury real estate sector.


Mohammed Khalaf

Al Habtoor

Vice-Chairman

Al Habtoor Group

Highlights

Established In

1970

Employees

10,000+

Current Chairman

Khalaf Ahmad Al Habtoor

Mohammed Khalaf Al Habtoor serves as Vice-Chairman

and Chief Executive Officer of Al Habtoor Group,

one of the UAE’s most prominent diversified conglomerates

spanning hospitality, real estate, automotive,

education, insurance, and publishing. He oversees strategy

and operations across a portfolio that includes luxury hotels,

landmark residential developments, commercial properties,

and automotive franchises, supporting the group’s continued

expansion and diversification.

He has played a leading role in strengthening the group’s

hospitality and real estate footprint, including large mixeduse

developments that contribute to Dubai’s skyline and

tourism sector. His leadership emphasizes premium quality,

design excellence, and strong governance, ensuring sustained

performance and international growth.

He also serves on boards of financial and insurance entities,

contributing to broader market development and risk

management in the UAE. A committed sportsman and patron

of polo, he leverages sport and events to enhance the group’s

brand visibility and international relationships.

His leadership emphasizes premium

quality, design excellence, and strong

governance, ensuring sustained

performance and international growth.”


Navin

Valrani

Vice Chairman and Managing Director

Oasis Investment Company (Al Shirawi Group)

Dr. Navin Valrani serves as Vice Chairman and Group

Managing Director of Al Shirawi Group, a diversified

Dubai-based conglomerate with interests in engineering

services, manufacturing, and industrial operations. He

also serves as Chief Executive Officer of Arcadia Education,

leading the group’s K–12 education platform and focusing on

innovative, future-ready learning environments.

Across both roles, he oversees key clusters including

education, engineering, and facilities management, aligning

strategy with long-term regional development priorities. He is

a strong advocate for educational technology and has driven

the integration of digital tools and experiential learning within

Arcadia schools, combining academic research with practical

innovation in classroom practice and teacher development.

Nisha

Jagtiani

Group Director

Landmark Group

Nisha Jagtiani is a Group Director and Board Member

at Landmark Group, one of the region’s largest and

most successful omnichannel retail and hospitality

conglomerates, with a presence in more than 15 countries

across the Middle East, India, and international markets.

She oversees the organization’s fashion portfolio – including

Max and Centrepoint – and leads key leadership and strategic

initiatives that shape the group’s long-term direction. Nisha is

also deeply involved in driving the group’s philanthropic and

social impact efforts across India and GCC. She also serves on

the Board of the Dubai International Chamber of Commerce,

contributing to the advancement of Dubai’s economic agenda.

She has played a key role in driving the Group’s omnichannel

transformation.


Omar Abdulla

Al Futtaim

Vice Chairman

Al Futtaim Group

Highlights

Established In

Employees

Current Chairman

1930s

40,000+ Abdulla Hamad Al Futtaim

Omar Abdulla Al Futtaim serves as Vice Chairman and

Chief Executive Officer of Al-Futtaim Group, a major

regional family business operating across automotive,

financial services, real estate, retail, and healthcare. He

leads a workforce of more than forty thousand employees

across over twenty markets, guiding the group’s evolution

into a diversified, internationally active conglomerate with

a strong presence across the Middle East, Asia, and other

global markets.

He has steered the group through significant transformation

in mobility, retail, and services, including investments in

technology-enabled automotive solutions, digital platforms,

and enhanced customer experience systems. His leadership

emphasizes disciplined governance, long-term partnerships

with global brands, and strategic expansion into high-growth

markets while ensuring operational resilience and sustainable

growth.

He also chairs and serves on numerous boards in banking,

insurance, and investment, contributing to the development

of the UAE’s financial sector and broader economic ecosystem.

He actively supports Emiratisation and national talent

development programs, creating structured career pathways

for Emirati professionals and reinforcing the group’s

commitment to workforce development and social impact.

At Al-Futtaim, our people are the heart of

everything we do. ”


Patrick

Chalhoub

Executive Chairman

Chalhoub Group

Patrick Chalhoub serves as Executive Chairman of

Chalhoub Group, one of the region’s most influential

luxury retail organizations. After transitioning from

his role as Group President in January 2025, he assumed

responsibility for long-term strategy, sustainability, corporate

values, and leadership development, working closely to guide

the Group’s continued evolution in a changing global market.

With more than four decades of leadership experience, he

has played a central role in transforming Chalhoub Group into

a leading force in Middle Eastern luxury retail. His tenure

has been marked by strong global brand partnerships and

the development of in-house concepts such as Level Shoes,

Faces, Tryano, and Ghawali, strengthening the Group’s position

in the region’s luxury ecosystem.

Rashid

Alabbar

Co-Founder

Alabbar Enterprises

Rashid Alabbar serves as Co-Founder at Alabbar Enterprises,

where he plays a key role in shaping the group’s

entrepreneurial direction and investment strategy

across e-commerce, luxury retail, and food industries. He

has built a reputation for supporting scalable, innovation-led

business models focused on long-term growth. He first gained

recognition as co-founder of Sivvi.com, an online fashion and

lifestyle platform offering international and regional brands.

He later expanded into luxury retail through Symphony

Investments, where he serves as Chairman in partnership with

Yoox Net-a-Porter. He also serves on the board of Barakat

Group, a leading fresh produce supplier across the GCC. His

portfolio reflects a diversified investment approach focused

on innovation, scalability, and long-term value creation.


Raja Easa

Al Gurg

Chairperson & Managing Director

Easa Saleh Al Gurg Group (ESAG)

Highlights

Established In

1960

Employee

5,000+

Joined the company

1990

Dr. Raja Easa Al Gurg, Chairperson and Managing Director

of the Al Gurg Group, is widely recognized as

one of the UAE’s most influential business leaders.

Over the years, she has played a defining role in expanding

the family-owned conglomerate into a diversified enterprise

spanning retail, construction, manufacturing, healthcare, and

real estate. Her leadership combines strategic vision with a

strong commitment to social progress, positioning the group

among the region’s respected business institutions.

Beyond her corporate achievements, she has championed

the advancement of Arab women in business and leadership.

She has served on several prestigious organizations and

boards, including the Dubai Businesswomen Council and

National Bank of Fujairah, contributing to economic and

entrepreneurial development in the UAE. She has also played

an active role in strengthening governance standards across

family-owned enterprises.

A passionate philanthropist, she also supports education

and healthcare initiatives through the Al Jalila Foundation.

Her contributions continue to inspire future generations of

entrepreneurs and reinforce the UAE’s vision for inclusive

and sustainable development.

Her leadership combines strategic vision

with a strong commitment to social

progress, positioning the group among the

region’s respected business institutions.”


Ravi

Menon

Chairman

Sobha Group

Highlights

Joined the company

2004

Employees

60,000

Company Founded in

1976

Ravi Menon embodies the next generation of visionary

leadership in the Middle East’s real estate sector, building

upon and expanding the 50-year legacy established

by his father, PNC Menon, the founder of Sobha Group. He

has evolved from a company director in 2004 to becoming

Chairman of Sobha Group, one of Dubai’s most prominent

developers and a Harvard Business School case study for

Backward Integration Model in real estate.

Under his leadership, Sobha has strengthened its reputation

for international standards of excellence and punctual delivery.

Menon’s leadership style is characterized by meticulous

attention to detail and fostering a culture of ownership and

innovation. He has overseen crucial departments including

Design and Engineering, Project Management, Sales and

Marketing, Quality, Safety and Technology, Value Engineering,

and Landscaping. His decisive role in integrating

precast technology into Sobha’s construction methodology

demonstrates his commitment to technical advancement.

Looking ahead, Menon is steering Sobha Group through

a transformative phase of international growth. Already a

multi-billion-dollar enterprise, he is spearheading the company’s

expansion into the US and Australian markets while

further strengthening its presence across the UAE. Today,

Sobha’s portfolio in the UAE comprises 16 master developments

spanning Dubai, Abu Dhabi, and Umm Al Quwain.

I have been inspired by our exceptional

team’s dedication and creativity, which has

propelled the company to new heights.”


Rohan

Mehta

Managing Director

Petrochem Middle East

Rohan Mehta serves as Managing Director at Petrochem,

where he has brought a modern, forward-looking approach

to one of the region’s leading chemical distribution

companies. A graduate in Economics from Northeastern

University, he deepened his industry knowledge through

hands-on refinery experience in Dallas before returning to

Dubai to drive innovation across the organization.

Under his leadership, Petrochem has embraced digital transformation,

operational efficiency and stronger international

partnerships. His analytical yet adaptable leadership style

continues to unlock new growth opportunities across global

markets. Mehta’s entrepreneurial spirit is further reflected

in his independent venture, Raging Tiger, underscoring his

commitment to innovation and continuous learning.

Rohit

Datar

Retail Director

Adil Trading

Rohit Datar serves as Retail Director at Adil Trading,

where he has emerged as a driving force behind the

organization’s digital transformation, building on

his family’s entrepreneurial legacy. He spearheaded the

launch of the company’s e-commerce platform and mobile

application, significantly expanding its regional reach.

Armed with a marketing degree and agency experience

across India and the UAE, Rohit has strengthened supplier

relationships, broadened the product portfolio and delivered

innovative digital campaigns that amplify brand visibility.

A champion of sustainable growth, he continues to position

Adil Trading as a progressive organization rooted in tradition,

driven by innovation and long-term regional expansion and

digital leadership.


Ruchi

Dana

Partner & Executive Board Member

DANA Group

Dr. Ruchi Dana serves as Partner and Executive Board

Member of Dana Group, a diversified conglomerate

with interests spanning manufacturing, oil and petrochemicals,

healthcare, hospitality, and retail. A qualified

medical practitioner with an MBA from Stanford University,

she has played a key role in the Group’s diversification and

growth, including the development of its value-added steel

manufacturing business.

Alongside her leadership at Dana Group, she is an entrepreneur

and investor, having founded ventures in logistics,

crowdfunding, and eldercare technology. Her contributions

span business innovation, healthcare, and social impact,

reflecting a truly multidisciplinary approach to strategic

leadership and sustainable value creation.

Salah Abdul

Rahman Bukhatir

Vice Chairman & CEO, Bukhatir Group

Bukhatir Group

Salah Bukhatir serves as Vice Chairman and CEO of the

Bukhatir Group, overseeing the organization’s growth

and diversification across construction, retail, and education.

He brings nearly two decades of leadership experience

managing companies under Bukhatir Investments Limited.

He has played a key role in strengthening the group’s position

as a leading UAE business enterprise through strategic

development and project execution.

He is a strong advocate for quality education and pioneered

the establishment of the International School of Creative Science

and the American School of Creative Science. Bukhatir

has also served on the board of Emirates Islamic Bank and

the Advisory Board of the American University of Sharjah,

reflecting his influence across business and education.


Shafeena

Yusuff Ali

Founder and CEO

Tablez – The Food Company

Shafeena Yusuff Ali serves as Founder and CEO of Tablez

and Director of Twenty14 Holdings, where she has

played a key role in building and expanding businesses

across retail, food and beverage, fashion, and hospitality. An

MBA graduate from the University of Oxford, she has been

instrumental in introducing and growing leading international

brands across the UAE and India.

Beyond her business leadership, Shafeena is the Founder

and Executive Director of the Rizq Art Initiative, supporting

emerging artists and fostering cultural dialogue. Through her

entrepreneurial ventures and philanthropic initiatives, she

continues to champion innovation, creativity, and meaningful

community impact across the region.

Shuja

Jashanmal

Group Chief Executive Officer

Jashanmal Group

S

huja Jashanmal serves as Group Chief Officer at Jashanmal

National Co., where his determined leadership and

deep understanding of retail have shaped the company

into one of the region’s most established retail groups. Having

studied at the University of Southern California and the

University of La Verne, he began his professional journey

within the family business as a salesman, grounding himself

in customer engagement and retail operations.

Rising steadily through the ranks, he led the expansion

of Jashanmal to more than 150 stores across the GCC and

India, spanning fashion, lifestyle, travel gear and premium

consumer products. He has also championed digital transformation

initiatives, ensuring the company remains responsive

to evolving consumer expectations and market trends.


Sophiya

Faizal

Director

KEF Holdings

Sophiya Faizal serves as Director of KEF Holdings,

representing a new generation of family business

leadership that combines innovation, sustainability

and social impact. Holding a BSc in Materials Science and a

master’s degree in International Business Law, she joined the

organization in 2016 with a progressive and future-focused

outlook. Since assuming leadership responsibilities, she has

played an instrumental role in expanding KEF Healthcare

across the healthcare and infrastructure sectors.

She also co-founded PAUS, reflecting her entrepreneurial

mindset and commitment to leveraging technology for smarter

operations. Guided by the philosophy to be different and

make a difference, Sophiya continues to champion purposeful

growth while preserving the enterprise’s long-term vision.

Taher

Shams

Managing Director

Zulekha Healthcare Group

Taher Shams serves as Managing Director of Zulekha

Healthcare Group, where he has been instrumental in

transforming a modest 30-bed hospital into one of the

region’s leading healthcare networks across the UAE and

India. Holding an MBA from the University of Lincoln, he

joined the family-founded organization with a clear vision

for accessible, patient-focused healthcare.

Under his leadership, the group has grown to include

multi-specialty hospitals, medical centres, diagnostic facilities

and pharmacies, supported by more than 3,000 employees.

He has driven investments in smart healthcare technologies,

advanced cancer treatment and digital patient solutions,

continuing to position Zulekha Healthcare Group as a future-ready

provider of world-class medical care.


Talal Moafaq Ahmad

Al Gaddah

Senior Executive Vice Chairman

MAG Group Holding

Talal M. Al Gaddah serves as Founder and

CEO of Keturah and Senior Executive Vice

Chairman of MAG Lifestyle Development.

He oversees the company’s strategic direction and growth

initiatives, supporting the expansion of its residential, commercial,

and mixed-use development portfolio across the

UAE and beyond.

Recognized for his focus on innovation, wellness-oriented

communities, and luxury living experiences, Al Gaddah founded

the Keturah brand in 2022, introducing a new approach

to high-end residential development centered on wellbeing

and design excellence. Under his leadership, the company

has continued its regional expansion through landmark

developments and strategic partnerships.

Tariq Hussain

Khansaheb

Chairman

Khansaheb Group

Tariq Khansaheb serves as Chairman of Khansaheb Civil

Engineering LLC, where he has played a defining role

in shaping one of the UAE’s most respected construction

enterprises. Representing the third generation of family

leadership, he joined the business in 1985 following engineering

studies and industry experience in the UK. Under his

stewardship, the company has grown from a local contractor

into a diversified construction powerhouse employing more

than 5,000 professionals across the UAE.

He has overseen landmark infrastructure, commercial

and civic developments while championing sustainability,

digital transformation and workforce development. Through

it all, Tariq has preserved the integrity and customer-focused

values that have defined the Khansaheb legacy since 1935.


Vivek

Bhatia

Executive Director

Conares

Vivek Bhatia serves as Executive Director at Conares,

where he has played a transformative role in reshaping

Dubai’s steel industry since joining the organization in

2014. A graduate in Mechanical Business Management from

the University of Manchester, he has led the company through

significant market expansion, product diversification and a

strengthened position within the region’s manufacturing sector.

His leadership balances operational excellence with environmental

responsibility, driving sustainable steel production

initiatives that align with the UAE’s broader industrial goals.

Built on stakeholder trust and long-term partnerships, his

forward-looking approach continues to position Conares

as a key contributor to Dubai’s evolving infrastructure and

industrial future.

Yahya Bin Saeed

Al Lootah

Vice Chairman

S.S. Lootah Group

Yahya Bin Saeed Al Lootah serves as Vice Chairman of

the S.S. Lootah Group, one of the UAE’s most established

business groups founded in 1956 and diversified

across multiple sectors. He began his career early by joining

S.S. Lootah Contracting Company at 15, gaining hands-on

experience in construction operations. He has consistently

contributed to strengthening the group’s operational capabilities

and long-term planning across its diversified portfolio.

Within the group, he plays a key role in shaping strategy,

overseeing management decisions, and driving growth initiatives

across subsidiaries. In 1997, he founded S.S. Lootah

International to foster global partnerships and collaboration

with international companies, strengthening the group’s

global engagement.


Zaid

S. Al Khayyat

Managing Director

Al Khayyat Investments (AKI) Group

Zaid S. Al Khayyat serves as Managing Director at Al

Khayyat Investments (AKI) Group, where he has led one

of the region’s most remarkable business transformations.

Founded in 1982 as a modest four-person pharmaceutical

trading company, AKI has grown under his leadership into

a diversified enterprise operating across the GCC, Egypt,

Jordan and Iraq, with revenues quadrupling over the past

decade and a workforce exceeding 10,000 employees

Today, the group operates through eight core business units

spanning retail, distribution, contracting, automotive, pharmaceuticals,

fitness and lifestyle sectors. Through strategic

diversification, innovation and a steadfast commitment to

quality, Zaid continues to position AKI as a future-focused

organization rooted in entrepreneurial excellence.

Zanubia

Shams

Co-Chairperson

Zulekha Healthcare Group

Zanubia Shams serves as Co-Chairperson of Zulekha

Healthcare Group, where she has played a pivotal role

in transforming the organization into one of the region’s

most respected healthcare providers across the UAE and

India. Building upon her mother’s pioneering vision, she has

expanded the group into a comprehensive network of hospitals,

medical centres, pharmacies and specialised services.

Holding a postgraduate degree in Business Administration,

she combines strategic leadership with a strong commitment

to patient-focused care. Under her guidance, the group has

introduced innovative homecare services, preventive health

programmes and community awareness initiatives. A champion

of women’s empowerment and inclusivity, Zanubia continues

to inspire future generations of healthcare professionals.


Banking


Digital banking platforms are transforming customer experiences through AI integration and real-time financial access.

Digital-First Banks

Compete With

Traditional And

FinTech Players

Digital-First Banks are Reshaping Financial

Services through Innovation, Speed, and

Intensified Competition across the Banking Sector.

Digital-first banks are reshaping financial

services by transforming access to banking

solutions. Powered by mobile-first

platforms, cloud infrastructure, artificial

intelligence, and data-driven operations,

they are challenging traditional banks and

fintech companies. Rising demand for

seamless experiences, faster transactions,

and personalized services has intensified

competition. In the UAE and wider GCC,

regulatory support, high smartphone penetration,

and rapid digital adoption are

enabling innovation. Financial institutions

are investing in technology, cybersecurity,

and partnerships to strengthen their position

in an evolving digital economy. The

line between banks and fintech firms is

becoming blurred, driving more integrated

and customer-centric financial platforms.


The global banking sector is transitioning

rapidly from branch-centric

operations toward digitally

connected financial ecosystems. Digital-first

banks operate with significantly

lower infrastructure costs than traditional

institutions because they rely

primarily on mobile applications and

online platforms rather than extensive

physical branch networks. This enables

them to allocate more resources toward

innovation, cybersecurity, and customer

experience enhancements.

As a result, many digital-first banks

offer low-fee accounts, instant onboarding,

real-time payments, AI-powered

budgeting tools, and fully digital

lending services. These capabilities are

reshaping customer expectations, particularly

among younger demographics

such as Gen Z and millennials, who are

increasingly comfortable managing

their finances entirely through mobile

applications.

Consumers now expect real-time notifications,

frictionless transactions, and

Digital transformation

in banking is not only

improving financial

accessibility, but also

strengthening the UAE’s

position as a global hub

for innovation and smart

financial services.”

His Excellency Khaled Mohamed Balama,

Governor, Central Bank of the UAE

seamless user experiences as standard

banking features. Traditional financial

institutions that once relied heavily on

brand loyalty and physical presence

are now under increasing pressure to

modernize their digital ecosystems to

remain competitive.

The UAE Emerges as a Regional

Digital Banking Hub

The UAE has established itself as one

of the Middle East’s leading markets

for digital banking innovation. Government-backed

digital transformation

initiatives, advanced telecommunications

infrastructure, and supportive

regulatory frameworks have accelerated

the growth of digital-first banking

models across the country.

Institutions such as Mashreq through

Mashreq Neo, Emirates NBD through

Liv., Wio Bank, and Zand Bank have

expanded digital offerings targeting

both retail and business customers.

These institutions compete not only

with conventional banks but also with

fintech firms specializing in payments,

lending, digital wallets, and wealth

management.

The UAE’s regulatory authorities have

also played a central role in fostering

innovation. Financial centers such as

Abu Dhabi Global Market and Dubai

International Financial Centre continue

to support fintech and digital banking

growth through licensing frameworks,

innovation programs, and regulatory

sandboxes.

Fintech Firms Continue to Drive

Innovation

Competition between digital-first banks

and fintech companies has intensified

as their service offerings increasingly

overlap. Fintech firms initially

gained traction by addressing specific

gaps in financial services, including

cross-border payments, digital wallets,

robo-advisory services, and buy-nowpay-later

solutions. However, many

digital-first banks are now integrating

these capabilities directly into their

own ecosystems.

Despite this convergence, fintech

companies retain important advantages

in agility and niche innovation.

Many operate with leaner structures

and can launch products more rapidly

than regulated banking institutions.

Their focused business models also

allow them to target underserved

customer segments with highly specialized

solutions.

Rather than viewing fintech companies

solely as competitors, many

digital-first banks are forming strategic

partnerships to accelerate innovation.

Collaborative ecosystems are emerging

in which banks contribute regulatory

stability and funding capabilities, while

fintech firms provide advanced technology

and customer-centric innovation.

Traditional Banks Accelerate Digital

Transformation

Traditional banks remain powerful

competitors despite the rise of digital-first

institutions. Large banking

groups continue to benefit from strong

capital reserves, established reputations,

extensive customer bases, and

deep expertise in risk management

and regulatory compliance.

To maintain market relevance, many

legacy institutions are accelerating

digital transformation strategies. Banks

are redesigning mobile applications,

migrating systems to cloud infrastructure,

investing in artificial intelligence,

and enhancing digital onboarding

processes. Some have also launched

separate digital banking brands to

compete more effectively with newer

entrants without disrupting existing

legacy systems.

Artificial intelligence is becoming a

key differentiator across the industry.

Banks increasingly use AI-powered

analytics to deliver personalized financial

insights, automate customer

support, strengthen fraud detection,

and improve operational efficiency.

Virtual assistants and chatbots now

handle a growing share of customer

interactions, reducing operational

costs while improving response times.

As the financial sector continues to

evolve, long-term success will depend

on how effectively institutions balance

innovation with trust, security, and

regulatory compliance. Banks that can

combine advanced digital capabilities

with strong customer relationships

and operational resilience will be best

positioned to thrive in an increasingly

competitive and technology-driven

global banking landscape. This will

ultimately define the next phase of

global banking transformation. Continued

adaptation will be essential as

customer expectations and technologies

evolve further.


Banking News

UAE Clears AI-Led Digital Bank For Growth With Independent Access Model

The UAE has issued in-principle

approval for a new AI-enabled

digital banking venture aimed

at offering next-generation financial

services nationwide. The upcoming

bank is set to introduce an AI-centric

digital banking framework centred on

financial inclusion, SME development,

and intelligent automation. Representing

the founding shareholders, Abdulrazzaq

Al Abdulla described the approval as a

significant strategic achievement for

the venture. He stated that the project

is intended to transform financial

services through the integration of

artificial intelligence, digital systems,

and automation-led technologies. The

initiative seeks to expand access to

streamlined financial services for

individuals, families, entrepreneurs,

workers, and micro, small, and medium-sized

businesses.

Mashreq Posts

$517.3M Net Profit for

Q1 2026

Mashreq Bank reported a net

profit after tax of AED1.927

billion for the first quarter of

2026, up from AED1.792 billion in the

same period of 2025, marking an 8 percent

year-on-year increase. Net profit

before tax stood at AED2.28 billion,

reflecting a 9 percent annual rise. In a

statement issued today, the bank said

revenues reached AED3.426 billion in

Q1 2026, compared to AED3.12 billion

a year earlier, representing growth of

10 percent.

Total assets climbed to AED344.305

billion by the end of March 2026, up

from AED272.703 billion in the corresponding

period of 2025, indicating a

26 percent increase. Customer loans

rose 33 percent to AED167.697 billion,

while customer deposits grew 23 percent

year-on-year to AED210.171 billion. Net

interest income and income from Islamic

financing increased by 4 percent to

AED2.038 billion in Q1 2026. Meanwhile,

non-interest income surged 20 percent

to AED1.388 billion, accounting for 41

percent of total revenues.

CBUAE Support Package Hits $1.69 BN to

Strengthen Financial Resilience

The Central Bank of the UAE

announced key outcomes from

its proactive support package

aimed at strengthening the resilience

of financial institutions and supporting

affected borrowers. Total facilities

provided under the programme reached

AED 6.2 billion, including loan deferments,

interest relief, and fee waivers.

The program supported 65,379

beneficiaries, and the total included

60,559 individuals, 4,335 small and

Invest Bank reported strong profitability

growth for the quarter

ended 31 March 2026, supported

by higher operating income, balance

sheet expansion, and momentum

across core business segments. Profit

before tax rose 97% year-on-year to

AED 22.4 million, while profit after

tax increased 96% to AED 21.8 million.

Total operating income climbed 81% to

medium-sized enterprises, and 485

corporates.

Priority sectors receiving support

included hospitality (173 companies),

transport (361 companies), and entertainment

(134 companies). Furthermore,

the central bank said affected

establishments may continue coordinating

with banks during the specified

period. The CBUAE also reported

continued growth in the banking sector

between March and May 2026.

Invest Bank Posts 97% Rise in Q1 Profit

Before Tax

AED 112 million, driven by growth in

net interest and non-interest income.

Total assets reached AED 15 billion,

up 28% year-on-year and 6% year-todate.

Customer deposits rose 32% to

AED 12.2 billion, while net loans and

advances increased 56% to AED 7.9

billion, reflecting strong balance sheet

growth. Net interest income also rose

98% to AED 63.9 million.


UAE Ministry of Investment Signs World Bank Framework

The UAE Ministry of Investment

and the World Bank signed

a partnership framework to

strengthen the UAE’s investment

climate and support its position as

a global hub for foreign direct investment.

Moreover, the partnership

focuses on maintaining an investment

environment that remains transparent

and internationally competitive,

aligned with the country’s long-term

CBUAE Keeps Base Rate

Unchanged at 3.65%

The Central Bank of the UAE has

maintained the Base Rate for

the Overnight Deposit Facility

at 3.65%, following the US Federal

Reserve’s decision to keep the Interest

Rate on Reserve Balances unchanged.

The move reflects the UAE’s continued

alignment with US monetary policy due

to the dirham’s peg to the US dollar.

The central bank also retained the

rate for borrowing short-term liquidity

through all standing credit facilities at

50 basis points above the Base Rate.

The Base Rate, which is directly linked

to the US Federal Reserve’s Interest

Rate on Reserve Balances, remains a

key indicator of the UAE’s monetary

policy direction. It also acts as an

effective floor for overnight money

market interest rates across the country,

supporting liquidity management and

broader financial stability within the

UAE banking sector.

ambitions. The agreement falls under

the broader framework signed between

the World Bank and the UAE

Ministry of Finance in 2019. Additionally,

it was signed by Mohammad

Abdulrahman Alhawi, Undersecretary

of the UAE Ministry of Investment,

and Boutheina Guermazi, World Bank

Director for Strategy and Operations

for the Middle East, North Africa, Afghanistan,

and Pakistan region.

Bank of Sharjah AGM Approves 6.5% Dividend

After 89% Profit Surge

Bank of Sharjah held its 53rd Annual

General Assembly Meeting

on April 30, 2026, chaired by

Sheikh Mohammed bin Saud Al Qasimi,

Chairman of the Board of Directors. The

meeting was attended by board members,

shareholders, senior management,

external auditors, and a representative

of the Capital Market Authority. The

General Assembly approved all agenda

items and ratified the ordinary and

extraordinary resolutions presented.

Al Maryah Community Bank (Mbank)

opened a new branch at City Walk

Dubai, expanding its physical footprint

in the emirate and strengthening its

focus on SMEs, entrepreneurs, and retail

customers. The move forms part of the

bank’s strategy to complement its digital-first

model with targeted service points

in high-activity commercial locations,

supporting Dubai’s business ecosystem

and the UAE’s digital economy agenda.

Additionally, shareholders approved

the consolidated financial statements

for the year ended December 31, 2025.

The meeting also endorsed the board’s

recommendation to reappoint Grant

Thornton as external auditor for the

2026 financial year. Moreover, shareholders

approved the Board of Directors’

proposal to distribute a cash dividend

of 6.5% of the bank’s share capital for

2025, reflecting continued confidence

in performance.

Mbank Launches New City Walk Branch for

SMEs and Corporations

The City Walk branch was designed

primarily to serve SMEs and business

clients. Additionally, it offers onboarding

support, business current accounts,

payroll, and Wage Protection System

(WPS) solutions, merchant acquiring,

and integrated payment services. The site

also provides relationship-led advisory

services. Furthermore, it offers select cash

management and transaction banking

capabilities for corporate clients.


Wheels

GT 4-DOOR COUPÉ

ENTERS A NEW ERA OF PERFORMANCE


316 km/h

Top Speed

1,420 Nm

Torque

816 hp (600 kW)

Horsepower

Mercedes-AMG has reimagined the GT

4-Door Coupé as a high-performance

grand tourer that blends electrified power,

advanced technology, and everyday practicality.

Designed to deliver the emotional appeal

of a sports car while offering the comfort of a

luxury four-door model, the latest GT 4-Door

Coupé introduces a new generation of AMG

performance. With powerful hybrid and electric

drivetrain technologies, the model is engineered

to provide instant acceleration, long-distance

capability, and dynamic handling without compromising

refinement.

The exterior adopts a dramatic and athletic

design, featuring AMG’s signature styling cues

alongside advanced aerodynamic elements. A bold

illuminated front grille, sleek LED lighting signatures, sculpted

bodywork, and a sweeping coupé roofline create a commanding

road presence. Active AEROKINETICS components help optimise

stability and efficiency, while available 21-inch performance

wheels, carbon-fibre design elements, and illuminated front and

rear light bars reinforce the vehicle’s futuristic character. Every

detail has been crafted to balance visual drama with aerodynamic

performance.

Inside, the cabin combines luxury craftsmanship with a distinctly

driver-focused layout. The AMG Performance steering

wheel places key driving functions within easy reach, while AMG

Performance seats provide enhanced support during spirited

driving. A panoramic roof with SKY CONTROL technology adds

an airy feel to the interior and can transform into an illuminated

display at night. Rear passengers benefit from generous legroom

and improved comfort, while the Burmester High-End 4D Surround

Sound System with Dolby Atmos delivers an immersive

audio experience. AMG-specific digital displays and the AMG

RACE ENGINEER system further enhance the cockpit’s performance-oriented

atmosphere.

Technology plays a central role in the GT 4-Door Coupé’s identity.

Advanced drivetrain configurations, high-performance battery

technology, intelligent all-wheel-drive systems, rear-axle steering,

adaptive suspension, and active aerodynamics work together to

maximise performance and driving precision. Combined with

cutting-edge connectivity and luxury features, the GT 4-Door

Coupé represents Mercedes-AMG’s vision of the modern performance

grand tourer. Balancing speed, innovation, comfort, and

everyday usability, it continues to push the boundaries of what

a four-door performance vehicle can achieve.


Investment


Global skylines and financial districts reflect the Middle East’s growing influence in international mergers and acquisitions.

Middle Eastern Firms

Expand Through

Cross-Border M&A

Middle Eastern Firms are Accelerating Global

Expansion Across Technology, Infrastructure,

Energy, and Healthcare Sectors.

Middle Eastern companies are increasingly

expanding beyond regional markets

through strategic cross-border mergers

and acquisitions, reflecting a major shift

in the region’s economic ambitions.

Supported by sovereign wealth funds,

strong liquidity, and government-led diversification

strategies, firms across the

Gulf are targeting international assets in

technology, renewable energy, healthcare,

logistics, and infrastructure. These acquisitions

are helping businesses secure

advanced capabilities, enter new consumer

markets, and strengthen long-term competitiveness.

The UAE, in particular, has

emerged as a major global investment

hub, facilitating international dealmaking

through progressive regulations, financial

connectivity, and strategic partnerships.


Cross-border mergers and acquisitions

have become a defining

feature of the Middle East’s

evolving corporate landscape. Regional

companies, once largely focused on

domestic growth and intra-GCC opportunities,

are now pursuing international

expansion with greater confidence and

scale. Businesses from the UAE, Saudi

Arabia, and Qatar are increasingly targeting

strategic assets across Europe,

Asia, North America, and Africa as they

seek to strengthen market positioning

and diversify revenue streams.

Economic diversification programs

across the Gulf are accelerating this

outward investment momentum. Governments

are encouraging companies

to reduce dependence on hydrocarbons

by expanding into technology, advanced

manufacturing, healthcare, renewable

energy, and logistics. Large family

businesses, state-backed enterprises,

and publicly listed corporations are

responding by pursuing acquisitions

that offer access to expertise, intellectual

property, and global distribution

networks.

Competition is also intensifying.

Regional firms recognize that longterm

growth requires international

reach, particularly as domestic markets

mature. Cross-border acquisitions are

therefore becoming strategic tools that

allow Middle Eastern businesses to secure

global relevance while improving

operational resilience. This shift reflects

a broader transformation in which

Gulf firms are positioning themselves

as influential participants within the

international investment ecosystem

rather than purely regional operators.

The Role of Sovereign Wealth Funds

in Global Expansion

Sovereign wealth funds remain central

to the Middle East’s outbound

M&A activity. Institutions such as

ADQ, Mubadala Investment Company,

and Public Investment Fund have

emerged among the world’s most influential

investment entities, deploying

capital across multiple sectors and

geographies.

These funds are no longer solely

focused on passive investment

strategies. Instead, they are actively

shaping industries through strategic

acquisitions, joint ventures, and infrastructure

partnerships. Investments in

artificial intelligence, semiconductor

manufacturing, clean energy, logistics,

and digital infrastructure illustrate

the long-term approach being adopted

by Gulf investors. Many of these

transactions are designed not only to

generate returns but also to transfer

knowledge and capabilities back into

regional economies.

International partnerships have

become another important element of

sovereign investment strategies. Gulf

Cross-border investments

are strengthening the

UAE’s position as a global

economic partner while

accelerating innovation,

sustainability, and

long-term economic

diversification.”

His Excellency Abdulla bin Touq Al Marri,

UAE Minister of Economy

funds increasingly collaborate with

global asset managers, pension funds,

technology firms, and infrastructure

operators to gain access to specialised

expertise and co-investment opportunities.

Such partnerships are helping

regional institutions participate in larger

and more sophisticated transactions

while spreading financial risk.

The growing influence of sovereign

wealth capital is also reshaping global

investment flows. Gulf investors are

viewed as stable, long-term partners capable

of supporting large-scale projects

during periods of market volatility. This

reputation has strengthened the Middle

East’s position within international

finance and enhanced its ability to

influence strategic industries globally.

Key Sectors Driving Cross-Border

M&A

Technology remains one of the most

active areas for outbound acquisitions.

Regional investors are aggressively

targeting artificial intelligence, cybersecurity,

cloud computing, fintech, and

semiconductor assets to accelerate

digital transformation agendas. The

increasing importance of AI across

industries has intensified interest in

acquiring technology capabilities that

can support smart city development,

industrial automation, and digital

government initiatives across the Gulf.

Renewable energy and infrastructure

have also become major investment

priorities. Middle Eastern firms are

acquiring stakes in solar, wind, hydrogen,

and energy storage projects

as countries across the region pursue

net-zero ambitions. International infrastructure

investments, including ports,

airports, rail systems, and logistics hubs,

are helping Gulf companies strengthen

global supply chain connectivity

while supporting trade diversification

strategies.

Healthcare and pharmaceutical investments

are expanding as well. The

pandemic highlighted the importance

of healthcare resilience, prompting regional

investors to pursue acquisitions

that improve medical research, pharmaceutical

manufacturing, and healthcare

delivery capabilities. Companies

are seeking partnerships that provide

access to advanced biotechnology and

specialised treatment expertise.

Logistics,manufacturing, and fintech

continue to attract substantial

capital flows. Regional businesses

are increasingly focused on securing

international production capacity

and expanding access to high-growth

consumer markets. This diversification

reflects a broader recognition that

future economic competitiveness will

depend on technological sophistication

and integrated global operations rather

than reliance on traditional sectors

alone. Cross-border partnerships are

also becoming essential to scale innovation

and improve operational

efficiency globally.


M&A News

AD Ports Group Agrees to Acquire MBS Logistics for USD 70M

AD Ports Group has signed an

agreement to acquire Germany-based

MBS Logistics in a

deal valued at approximately AED

300 million (USD 70 million), marking

another strategic step in its global expansion

across the logistics and freight

forwarding sector. The acquisition

includes full ownership of MBS Logistics’

core operations, spanning air, sea,

road, and rail freight services across

Germany, Switzerland, Asia Pacific,

and the United States, while excluding

its joint ventures. The company will

be integrated into AD Ports’ logistics

arm, Noatum Logistics, strengthening

its presence in key European and

transcontinental trade corridors. MBS

Logistics brings a network of 26 global

offices and more than 450 employees,

along with established expertise in contract

logistics, customs, project cargo,

and multimodal transport solutions.

Officials said the deal will enhance

network density, improve operational

scale, and unlock cross-border synergies

as AD Ports continues to expand

its platform globally.

Oman Power Firms Al

Batinah And Al Suwadi

Explore Potential

Merger

Al Batinah Power Company and

Al Suwadi Power Company in

Oman are exploring a potential

merger as part of early-stage discussions

aimed at assessing consolidation

opportunities within the Sultanate’s

electricity generation sector. The two

independent power producers confirmed

that they have initiated a preliminary

review of a possible combination,

although no agreement, valuation, or

timeline has been disclosed at this

stage. Both companies operate under

long-term power purchase agreements

and play a key role in supplying electricity

to Oman’s national grid, making

any potential merger strategically

significant for the country’s utilities

landscape. Market observers note that

consolidation could enhance operational

efficiency, strengthen financial

stability, and create a more integrated

generation platform. The discussions

remain subject to regulatory approvals,

due diligence, and further negotiation

between stakeholders, with both firms

emphasizing that no binding decisions

have been reached so far.

EGA in Advanced Talks To Acquire Stake In

Sohar Aluminium

Emirates Global Aluminium (EGA)

is in advanced discussions to

acquire a stake in Oman’s Sohar

Aluminium, in a move that underscores

the UAE’s efforts to expand

its industrial footprint across regional

markets and strengthen supply chain

resilience in the aluminium sector. The

talks reportedly involve the potential

acquisition of stakes held by existing

shareholders, including Abu Dhabi-based

TAQA and Rio Tinto, although

Bahrain Family Leisure Company

(BFLC) is moving ahead with

its reverse merger with Truffle

Hospitality, marking a significant

consolidation in Bahrain’s food and

beverage and hospitality sector. The

share-swap transaction will see BFLC

acquire 100 per cent of Truffle Hospitality,

a subsidiary of Dividend Gate Capital,

in exchange for newly issued shares,

effectively integrating both businesses

under a single listed structure. Upon

completion, Dividend Gate Capital will

become the majority shareholder of

the final structure of the deal remains

under negotiation. Sohar Aluminium,

which operates a production capacity

of around 400,000 tonnes per year, is

considered a strategically important

asset in the Gulf’s metals industry due

to its proximity to key shipping routes

and established export infrastructure.

The discussions come amid broader

efforts by EGA to diversify its global

operations and secure long-term access

to downstream markets.

Bahrain Family Leisure To Proceed With

Reverse Merger With Truffle Hospitality

BFLC with a 58 per cent stake, while

existing shareholders will hold the

remaining 42 per cent. The combined

entity is expected to operate more than

20 food and beverage brands across

over 50 outlets in four GCC markets,

spanning casual dining, cafés, catering,

and quick-service formats. Officials

said the merger is aimed at achieving

greater operational scale, improving

efficiency, and supporting regional

expansion across the hospitality sector,

subject to final regulatory approvals

and completion requirements.


Kuwait Introduces New Merger Notification Thresholds For M&A Deals

Kuwait’s Competition Protection

Authority has introduced

updated merger control notification

thresholds that will determine

when companies must seek approval

for mergers, acquisitions, and other

forms of economic concentration in

the country. Under the revised rules,

transactions will require prior notification

if any party’s annual sales in

Kuwait exceed KWD 1.5 million, or if

NAFFCO Signs Aviation

Safety MoU With Fujairah

International Airport

NAFFCO Group has signed a

strategic Memorandum of Understanding

with the Department

of Civil Aviation in Fujairah

and Fujairah International Airport

to strengthen aviation safety and

emergency response capabilities at

the airport. The agreement, signed

during the International Exhibition

for National Security and Resilience

(ISNR), focuses on enhancing airport

preparedness through the development

of specialised firefighting training

infrastructure and the deployment of

advanced operational safety systems.

Under the partnership, NAFFCO will

support the establishment of a dedicated

firefighting training centre and

provide simulation-based programmes

aimed at improving response efficiency

for airport emergency teams. Officials

said the collaboration aligns with international

aviation safety standards

and reinforces efforts to improve

operational resilience and emergency

readiness. The initiative also reflects

broader public-private cooperation

in the UAE’s aviation sector, aimed at

advancing infrastructure, training, and

safety systems to support world-class

airport operations and long-term sector

development.

combined annual sales exceed KWD

3 million, provided the target generates

at least KWD 1.5 million in local

sales. In addition, filings are required

if the value of registered assets of the

parties in Kuwait exceeds KWD 7.5

million. The changes raise the previous

thresholds, narrowing the scope

of transactions subject to mandatory

review and reducing compliance obligations

for smaller deals.

BBK–NBB Merger on Track For Completion in

2026

The proposed merger between Bank

of Bahrain and Kuwait (BBK) and

the National Bank of Bahrain

(NBB) remains on track for completion

this year, as both institutions continue

to advance due diligence and regulatory

processes tied to the transaction.

Bank executives have indicated that

the deal is being treated as a national

priority due to its potential to create

a stronger, more competitive banking

entity within Bahrain’s financial sector.

Metabolic (formerly GluCare.

Health) has become one of the

first healthcare providers globally

to introduce Roche’s Elecsys® plasma

pTau217 blood-based biomarker test as

part of its clinical and research offering

for early Alzheimer’s disease detection.

The initiative will be implemented in Dubai

and focuses on identifying individuals at

elevated risk of cognitive decline, particularly

those with metabolic conditions such

as diabetes, obesity, hypertension, and

dyslipidaemia. The programme integrates

Roche’s advanced diagnostic technology

into Metabolic’s chronic disease management

model, aiming to detect Alzheimer’s

pathology at a pre-symptomatic stage and

enable earlier intervention strategies.

The pTau217 assay is considered a highly

accurate biomarker for Alzheimer’s,

offering performance comparable to

more invasive methods such as PET

scans and cerebrospinal fluid testing.

Officials said the collaboration reflects a

growing convergence between metabolic

health and neurology, while reinforcing

The merger, which is subject to shareholder

approval, regulatory clearance,

and final agreement on valuation and

exchange ratios, is expected to enhance

operational scale and improve

efficiency across retail, corporate, and

investment banking services. Once

completed, the combined entity is

expected to strengthen Bahrain’s banking

landscape and expand its regional

competitiveness in line with broader

economic diversification goals.

Metabolic Among First Globally To Offer Roche

Plasma pTau217 Test

the UAE’s position as a regional hub

for advanced diagnostics and precision

medicine innovation.


FinTech


Digital payment ecosystems and fintech innovation continue driving the UAE’s rapidly evolving embedded finance landscape.

Embedded Finance

Redefines Banking

and Payments

Embedded Finance is Reshaping the UAE’s Digital

Economy through Seamless Banking, Payments,

and Integrated Financial Experiences.

The UAE’s financial sector is entering a

new era as embedded finance transforms

how consumers and businesses interact

with banking and payment services. Financial

products are now being integrated directly

into digital platforms, enabling users

to access payments, lending, insurance,

and banking solutions without leaving the

applications they use daily. Supported by

rapid digital adoption, fintech innovation,

and progressive regulations, the UAE is

emerging as a regional leader in embedded

financial ecosystems. From e-commerce

and mobility platforms to enterprise software

and retail applications, embedded

finance is reshaping customer experiences,

accelerating cashless transactions, and

driving greater financial inclusion across

the country’s digital economy.


The UAE’s financial ecosystem is

undergoing a structural transformation

as embedded finance reshapes

how consumers and businesses

access banking and payment services.

Financial products are no longer limited

to traditional banking channels.

Instead, they are being integrated

directly into e-commerce platforms,

mobility apps, retail ecosystems, and

enterprise software, allowing users to

access payments, lending, insurance,

and banking services within their everyday

digital experiences. This shift

is redefining customer expectations

and accelerating the UAE’s ambition

to become one of the world’s leading

digital economies.

Embedded finance refers to the seamless

integration of financial services into

non-financial platforms. Consumers

can now split payments at checkout,

apply for financing while shopping online,

or access business loans through

accounting software without visiting

a bank branch. In the UAE, this trend

is gaining momentum due to strong

smartphone penetration, a digitally

connected population, progressive

regulation, and government-backed

digital transformation initiatives. The

rise of open banking frameworks and

API-driven ecosystems is also enabling

fintech companies and banks to collaborate

more efficiently.

The UAE’s payments landscape has

become a major catalyst for embedded

finance adoption. Digital wallets, contactless

payments, QR-based transactions,

and Buy Now Pay Later (BNPL)

solutions are increasingly embedded

into retail and e-commerce platforms.

Consumers now expect frictionless

payment experiences that operate

instantly and securely within apps

they already use. Platforms such as

food delivery services, ride-hailing

applications, and online marketplaces

are integrating financial capabilities

to improve convenience and increase

customer retention.

Banks in the UAE are also repositioning

themselves from traditional

financial institutions into digital infrastructure

providers. Rather than

competing directly with fintech companies,

many banks are collaborating

with them to offer embedded financial

products. API-led banking models allow

third-party platforms to connect with

banks securely, enabling services such

as instant payments, digital lending,

and real-time account verification. This

transformation is helping banks expand

their reach while enabling fintech firms

to innovate faster.

Small and medium enterprises are

among the biggest beneficiaries of

embedded finance in the UAE. Access

to credit has historically been

a challenge for SMEs due to lengthy

approval processes and rigid lending

The Ministry of

Finance views digital

transformation as a

strategic tool for building

a financial ecosystem

defined by adaptability,

transparency, and datadriven

decision-making.”

His Excellency Mohamed bin Hadi Al Hussaini,

UAE Minister of State for Financial

Affairs

requirements. Embedded finance is

changing this by allowing businesses to

access working capital directly through

the platforms they already use for

payments, invoicing, and operations.

AI-driven lending engines can assess

transaction data in real time, making

financing faster and more accessible.

This creates stronger financial inclusion

while supporting entrepreneurship and

economic diversification.

The rise of BNPL services has further

accelerated embedded finance

adoption across the UAE retail sector.

Consumers are increasingly using flexible

payment options integrated into

checkout experiences, especially for

lifestyle purchases, electronics, travel,

and healthcare. Unlike traditional credit

cards, embedded lending solutions

offer quick approvals and simplified

repayment structures directly inside

merchant platforms. This model benefits

retailers by increasing conversion

rates and boosting customer spending

while giving consumers greater financial

flexibility.

Regulation is playing a critical role

in supporting the UAE’s embedded

finance ecosystem. The Central Bank

of the UAE has introduced open finance

frameworks designed to promote

secure data sharing, interoperability,

and innovation. These regulations

encourage banks and fintech firms to

build connected financial ecosystems

while maintaining strong compliance

standards. The country’s regulatory

approach is widely viewed as innovation-friendly,

particularly through

financial hubs such as the Dubai International

Financial Centre and Abu

Dhabi Global Market.

Open banking is emerging as the

backbone of embedded finance in the

UAE. Through customer-consented

APIs, financial institutions can securely

share account data with third-party

providers. This allows businesses to

deliver highly personalised financial

experiences, including automated

lending decisions, budgeting tools,

and real-time payment initiation. Open

banking also strengthens competition

within the financial sector, encouraging

banks to modernise legacy systems

and improve customer experiences.

Another significant development is

the growing adoption of Banking-as-a-

Service (BaaS) models. Through BaaS

platforms, non-financial businesses

can embed banking capabilities into

their own digital ecosystems without

becoming regulated banks themselves.

Retailers, telecom providers, logistics

firms, and technology companies can

now offer financial services such as

digital wallets, merchant payments,

and embedded insurance directly to

customers. Together, these developments

highlight how embedded finance

is reshaping the UAE’s financial landscape,

positioning the country at the

forefront of digital innovation.


Infographic

FinTech Adoption

Metrics:

Growth of Digital Payments and

Mobile Banking in the UAE


8 in 10 payments in the UAE are now

made digitally (80% of all payments).

[khaleejtimes]

Hero panel: UAE goes digital

Only 16% of consumers still use cash for

everyday purchases, down from 25% a

year earlier.[ae.visamiddleeast]

68% of UAE consumers are “largely

non‐cash users,” up 7 percentage points

from the previous year.[ae.visamiddleeast]

In an earlier wave, 61% of UAE respondents

said only 1-2 of their last 10 transactions

were cash, and just 3% said all 10

were cash.[ae.visamiddleeast]

Cash in retreat

P2P (person‐to‐person) transactions in

cash fell from 43% to 33% between 2023

and 2025, showing a steady migration to

digital.[ae.visamiddleeast]

Visa’s third “Where Cash Hides” report

shows 80% of payments in the UAE are

now digital (cards or mobile), with cash

at 20%.[khaleejtimes]

Digital and mobile payments mix

Mobile payments alone account for 21%

of all transactions in the UAE, driven by

smartphone use and contactless adoption.

[khaleejtimes]

Only 16% of consumers still choose cash

for everyday purchases, confirming a clear

cash‐lite profile.[ae.visamiddleeast]

Aani, the UAE’s national instant payments

platform, was launched in October 2023

by Al Etihad Payments under the Central

Bank of the UAE.[centralbank]

Instant payments: Aani at scale

Aani is connected to 74 licensed financial

institutions, covering about 85% of banks,

10% of exchange houses, and 5% of digital

wallets and finance companies.[aep]

The platform processes around 25,000

transfers per day using mobile numbers

only, with average completion times of

about three seconds.[clearingpost]

By April 2026, registered Aani users exceeded

12.5 million, according to official

figures.[newdecoded]

In 2025, the number of Aani transfers

increased sixfold year‐on‐year, with an

average monthly growth rate of about

10%.[clearingpost]

Approximately 774,000 merchants across

the UAE now accept Aani for instant account‐to‐account

payments.[aep]

Mobile banking: preferred channel

An Arthur D. Little survey of 24 UAE banks

found 72% of customers prefer mobile

apps as their primary banking channel.

[khaleejtimes]

The same study notes that UAE mobile‐banking

adoption outpaces many

developed markets, where mobile app

usage averages 65%.[khaleejtimes]

A 2025 analysis found the UAE is among

the only three countries where every adult

resident owns a mobile phone.[khaleejtimes]

Mobile‐ready population

The 2025 Global Digital Shopping Index

reports that the UAE leads the world in

mobile‐driven online shopping, with 37%

of purchases made via mobile devices.

[khaleejtimes]

67% of UAE consumers used a mobile

device for their most recent retail purchase,

a rise of 23 percent since 2022.

[khaleejtimes]


Fintech News

Zand Partners DWTC Free Zone To Expand Digital Banking Services

Zand Bank has partnered with

Dubai World Trade Centre Free

Zone to introduce AI-powered

digital banking solutions for businesses

operating within the free zone

ecosystem. The collaboration aims to

simplify financial services for startups,

entrepreneurs, and established

companies through faster onboarding,

seamless account management, and

Riyad Bank Launches

First Corporate Card

Portfolio In Saudi Arabia

With Mastercard

Riyad Bank, in collaboration with

Mastercard, has launched its

first corporate card portfolio in

Saudi Arabia, introducing a Travel and

Expense (T&E) payment programme

designed to streamline business spending

and enhance expense management

for enterprises. The initiative offers

two corporate card variants tailored

for different organizational needs,

including flexible options for everyday

business use and premium cards aimed

at senior executives. The programme

is designed to support companies in

managing travel, procurement, and

operational expenses more efficiently

through improved digital tools, enhanced

data tracking, and simplified

reconciliation processes. Officials said

the launch reflects growing demand for

modern payment solutions within the

Kingdom’s rapidly expanding corporate

sector and aligns with broader efforts

to accelerate digital transformation

in financial services. The collaboration

builds on ongoing partnerships

between Riyad Bank and Mastercard

to strengthen Saudi Arabia’s business

payment ecosystem and support the

country’s vision for a more cashless

and digitally enabled economy.

digital banking tools tailored for modern

business needs. Officials said the

initiative supports Dubai’s ambitions

to strengthen its digital economy and

reinforce its position as a global hub

for innovation and technology-driven

enterprises. Zand noted that its AI and

blockchain-enabled banking platform

will help businesses improve operational

efficiency.

UAE Launches Quantum-Safe Crypto Discovery

Cybersecurity Tool

The UAE Cyber Security Council

has partnered with QuantumGate

to launch a national

Crypto Discovery Tool designed to

strengthen the country’s transition

towards quantum-safe cybersecurity

infrastructure. Developed in Abu Dhabi,

the platform enables organizations to

identify cryptographic vulnerabilities,

map digital encryption assets, and

Saudi Arabia-based fintech Arib has

secured USD23.5M in a funding

round led by Merak Capital, with

participation from additional investors,

as it looks to accelerate the expansion

of its digital financing marketplace. The

company operates a platform that connects

consumers and businesses with

banks and licensed lenders, enabling

users to compare financing offers, apply

online, and access tailored lending

products based on their financial profiles.

The latest capital injection will be

used to strengthen Arib’s technology

infrastructure, expand its product suite,

and enhance operational capabilities

across the Kingdom. The round also

included Sharia-compliant Murabaha

financing structures, reflecting rising

continuously monitor security risks

across critical national infrastructure.

The initiative forms part of the UAE’s

National Post-Quantum Migration

Programme and supports efforts to

prepare government entities and private

sector organizations for future threats

posed by quantum computing. The

launch reinforces the UAE’s ambitions

in cybersecurity innovation.

Saudi Fintech Arib Raises USD23.5M To Scale

Digital Lending Platform

demand for Islamic fintech solutions

within Saudi Arabia’s rapidly evolving

financial ecosystem. Founded in 2018,

Arib continues to benefit from strong

investor interest in digital lending

infrastructure, supported by broader

financial sector reforms and the

country’s ongoing push toward digital

transformation under Vision 2030.


Mastercard Launches Lighthouse 2026 In UAE To Boost AI Fintech Startups

Mastercard has launched its

Lighthouse 2026 programme

in the UAE, in partnership with

the UAE’s Artificial Intelligence, Digital

Economy and Remote Work Applications

Office, to accelerate the growth

of AI-driven fintech startups across

the region. The initiative is designed

to connect startups with financial institutions,

investors, and ecosystem

partners through Mastercard’s global

network, while offering mentorship

and opportunities for pilot projects

and commercialisation. The programme

focuses on areas such as agentic commerce,

personalised financial services,

risk and resilience solutions, and SME

credit innovation powered by artificial

intelligence. By bridging the gap between

startups and established financial

players, Lighthouse aims to help scale

practical solutions and support the

next wave of fintech transformation

across the Middle East.

Lianlian Secures DFSA

Payment Licence In

DIFC To Expand UAE

Operations

Chinese fintech firm Lianlian

DigiTech has obtained a payment

services licence from the

Dubai Financial Services Authority

(DFSA), allowing it to operate from

the Dubai International Financial

Centre (DIFC) and significantly scale

its regulated presence in the Middle

East. The approval marks a key milestone

in the company’s shift from

initial market entry to establishing

a licensed regional headquarters in

Dubai, strengthening its cross-border

payment and settlement capabilities.

Operating within DIFC’s globally recognised

financial ecosystem, Lianlian

aims to enhance collaboration with

regional banking partners and deliver

more efficient, compliant payment

solutions for businesses moving funds

across international markets. The

licence also supports the company’s

broader global compliance strategy,

which includes an extensive network

of regulatory approvals across multiple

jurisdictions. Officials said the move

reinforces Dubai’s position as a leading

fintech hub, offering a strong regulatory

framework that continues to attract

global digital payment providers and

financial technology firms.

Emirates Islamic Becomes FC Barcelona’s UAE

Banking Partner

Emirates Islamic has entered a

new strategic partnership with

FC Barcelona, becoming the

Spanish football club’s Official Commercial

Banking Partner in the UAE

until June 2028. As part of the agreement,

the bank will launch the Emirates

Islamic Barça Cashback Card, a

co-branded credit card designed to

UAE telecom operator du has expanded

its strategic collaboration

with Huawei Cloud to accelerate

the development of sovereign cloud

services, 5G-Advanced networks, and

AI-driven digital infrastructure across

the country. The partnership focuses

on enhancing cloud capabilities for

enterprises, government entities, and

emerging digital sectors by delivering

scalable, secure cloud solutions built

within the UAE. du is also leveraging

Huawei’s cloud-native architecture to

support its National Hypercloud initiative,

which aims to provide sovereign cloud

environments tailored for data residency,

connect football fans with exclusive

club-related benefits while offering

everyday financial rewards. The card

provides up to 4 per cent cashback on

spending categories such as sports,

fuel, supermarkets, and dining, alongside

perks including match tickets,

merchandise offers, and unique FC

Barcelona experiences.

du Partners With Huawei Cloud To Strengthen

UAE Digital Infrastructure

security, and regulatory compliance. Both

companies are working on strengthening

5G-A rollout, enabling ultra-fast connectivity

and supporting next-generation

use cases such as smart cities, IoT, and

immersive digital services.


Corporate Results

Abu Dhabi Islamic Bank

(ADIB)

FY’25 Net Profit: AED 7.1

Billion

ADIB reported 2025 net profit after tax

of 7.1 billion dirhams, a 16% increase

compared to 6.1 billion dirhams in

2024. Net profit before tax rose 18%

to 8.1 billion dirhams, underscoring

strong underlying earnings momentum.

In Q4 2025 alone, net profit after

tax reached 1.75 billion dirhams, up

20% year‐on‐year, while pre‐tax profit

climbed 25% to 2.05 billion dirhams

on accelerated business activity. Management

attributed performance to

continued customer‐base growth and

robust financing demand across retail

and corporate segments, supported

by disciplined risk management and

cost control.

Emirates NBD


Billion

Emirates NBD delivered record 2025

performance, with profit before tax of

29.8 billion dirhams, up 10% year‐on‐year.

Net profit after tax reached 24.0 billion

dirhams, a 4% increase, underpinned by

strong volume growth across all business

segments and products. Total income was

12% higher, reflecting momentum in both

interest income and non‐funded income

as regional activity remained robust.

Operating profit rose 13% to 34.3 billion

dirhams, and the bank proposed a 100‐fils

ordinary dividend per share, highlighting

confidence in capital strength and future

earnings capacity.

Mashreq


Billion

Mashreq reported strong 2025 results,

posting profit before tax of 8.3 billion

dirhams and net profit after tax of 7.0

billion dirhams. The bank achieved

around 25% growth in total assets and

a 30% surge in lending, demonstrating

successful client acquisition and deeper

wallet share despite the introduction

of UAE corporate income tax. Management

noted that disciplined growth

and higher transaction activity across

wholesale, retail, and international

businesses supported profitability.

Even with a higher tax burden, Mashreq

sustained a robust return profile,

showcasing effective balance‐sheet

management and ongoing investment

in digital capabilities.

Riyad Bank

FY’25 Net Profit: SAR 10.41

Billion

Riyad Bank reported 2025 revenue of

18.38 billion Saudi riyals, up 6.3% from

17.28 billion riyals in 2024. Net profit

rose 11.7% year‐on‐year to 10.41 billion

riyals, compared with 9.32 billion riyals

a year earlier. Earnings per share

reached 3.29 riyals, reflecting solid

profitability and improved returns

for shareholders. The bank’s full‐year

disclosure highlighted resilient core

banking income and stable asset quality,

confirming Riyad Bank’s strong position

within the Saudi financial system as

it continues to support corporate and

retail growth in the Kingdom.

Qatar Islamic Bank (QIB)

FY’25 Net Profit: QAR 4.84

Billion

Qatar Islamic Bank posted 2025 net

profit of 4,835 million Qatari riyals, up

5% compared with 4,605 million riyals

in 2024. The result confirms QIB’s

status as one of the region’s leading

Sharia‐compliant institutions in terms

of earnings scale and resilience. The

bank’s announcement emphasized that

profit growth was achieved despite a

challenging global operating environment

and evolving regulatory landscape.

With this performance, QIB reinforced

its capacity to support Qatar’s broader

economic and infrastructure development

agenda while maintaining a

conservative risk and capital profile

aligned with Islamic‐banking principles.

Commercial Bank of Qatar

(CBQ)

FY’25 Net Profit: QAR 2.2

Billion

Commercial Bank of Qatar reported

2025 net profit of 2.2 billion Qatari

riyals, a 27.3% decline compared to

2024, reflecting a more challenging

year. Profit before the impact of Pillar

Two tax fell 21.4% to 2.38 billion riyals

as higher net provisions and operating

expenses weighed on results. The

bank also recorded a 144.7‐million‐riyals

loss from its Turkish subsidiary,

further compressing earnings. For the

first time, CBQ accrued 179.4 million

riyals for BEPS Pillar Two tax, effective

from January 1, 2025, highlighting the

impact of global minimum‐tax rules on

headline profitability despite continued

franchise strength.


Omantel Group

FY’25 Net Profit: RO 371

Million

Omantel Group announced a 2025 group

net profit of 371.0 million Omani rials, an

87.7% year‐on‐year surge from 197.7 million

rials in 2024. Net profit attributable

to Omantel shareholders rose 63.1% to

88.4 million rials, compared with 54.2

million rials previously. Group revenues

reached 3.413 billion rials, up 11.4% from

3.062 billion rials a year earlier, supported

by growth in domestic operations and

its international portfolio. Management

highlighted strong EBITDA expansion

and improved profitability as evidence

of successful execution of its transformation

strategy and disciplined capital

allocation across the wider Omantel

ecosystem.

Zain Group

FY’25 Net Profit: KD 239

Million

Zain Group reported robust 2025 results,

generating consolidated revenue

of 2.3 billion Kuwaiti dinars (7.44

billion dollars), up 14% year‐on‐year.

EBITDA reached 780 million dinars

(2.54 billion dollars), growing 11%

and delivering a 34% EBITDA margin.

Consolidated net income doubled to

239 million dinars (777 million dollars),

up 103% compared with restated 2024

figures, while earnings per share rose

to 55 fils. Serving 50.9 million active

customers across eight markets, Zain

underscored its transition toward a

regional “TechCo” focused on digital

infrastructure, enterprise solutions,

and fintech adjacencies.

Arab National Bank (ANB)


Billion

Arab National Bank’s 2025 net profit

increased 3.02% to about 5.12 billion

Saudi riyals, up from roughly 4.97 billion

riyals in 2024. Higher financing income,

which rose 4% to 12.34 billion riyals,

and a 15% jump in investment income

to 2.87 billion riyals supported the

result. Operating profit climbed to 9.88

billion riyals even as operating costs

increased. The bank also benefited

from a 22% drop in credit provisions,

underscoring improved asset‐quality

trends and contributing to a resilient

earnings profile within Saudi Arabia’s

competitive banking sector.

RAKBANK (National Bank of

Ras Al Khaimah)


Billion

RAKBANK posted 2025 net profit of 2.6

billion dirhams, a 26% increase compared

to the prior year, supported by a

strong balance sheet and higher non‐interest

income. Non‐interest income rose

29% to 1.5 billion dirhams, reflecting

growth in fees, commissions, and other

core banking revenues. Net impairment

charges fell 42% to 451 million

dirhams, while the impaired‐loans ratio

improved to 1.9% from 2.2%, signaling

better credit quality. The combination

of revenue expansion and lower risk

costs underpinned a significant uplift

in profitability, positioning RAKBANK

as one of the UAE’s faster‐growing

mid‐tier banks.

Saudi Awwal Bank (SAB)


Billion

Saudi Awwal Bank recorded 2025 net

profit after zakat and income tax of 8,452

million Saudi riyals, up 5% from 8,070

million riyals in 2024. Total operating

income grew 5% to 14,724 million riyals,

reflecting broad‐based strength across

customer segments. Net loans and

advances increased 15% year‐on‐year

to 299 billion riyals, demonstrating continued

franchise expansion in corporate

and retail lending. Total equity rose

14% to 79 billion riyals, underscoring

solid capital generation and supporting

SAB’s ambitions to capitalize on Saudi

Arabia’s Vision 2030‐linked growth

opportunities.

Bank Dhofar

FY’25 Net Profit: OMR 51.05

Million

Bank Dhofar reported 2025 net profit

of 51.05 million Omani rials, up from

43.61 million rials in 2024, representing

17.06% year‐on‐year growth. Its Islamic

window, Dhofar Islamic, recorded double‐digit

increases in earning assets,

financing, deposits, and operating

profit through 2025. Dhofar Islamic’s

income from financing, placements,

and investments rose 10.70% to 52.95

million rials, while net profit income

after cost of funds climbed 24.31% to

22.55 million rials. The cost‐to‐income

ratio improved to 47.11% from 50.58%,

highlighting better efficiency as the

bank strengthened its competitive

position in Oman’s evolving Islamic‐banking

landscape.


Healthcare


Digital healthcare platforms and AI-driven technologies are transforming patient care and healthcare investment.

HealthTech Investment

Surges Across the

GCC

GCC Nations Accelerate HealthTech Innovation

through AI, Digital Healthcare Infrastructure, and

Rising Regional Investment Activity.

HealthTech investment across the GCC is

gaining significant momentum as governments

accelerate healthcare modernization

and digital transformation initiatives. Rising

healthcare demand, expanding digital

infrastructure, and increased investor

confidence are driving growth across

sectors including artificial intelligence,

telemedicine, predictive analytics, and

personalised healthcare. Countries such as

the UAE and Saudi Arabia are positioning

healthcare innovation as a strategic pillar

within their long-term economic diversification

agendas. As healthcare systems

evolve, technology-driven solutions are expected

to play a critical role in improving

operational efficiency, patient outcomes,

and long-term healthcare sustainability

across the Gulf region.


The GCC’s healthcare sector is undergoing

a major transformation

as governments, investors, and

technology firms accelerate investments

in digital healthcare ecosystems.

HealthTech has emerged as one of

the region’s fastest-growing sectors,

driven by rising healthcare demand,

expanding digital infrastructure, and

national economic diversification

agendas. Countries including the UAE,

Saudi Arabia, and Qatar are positioning

healthcare innovation at the centre

of long-term development strategies,

creating significant opportunities for

startups, private equity firms, healthcare

providers, and global technology

companies.

Increasing pressure on healthcare

systems is encouraging regional stakeholders

to adopt technology-led solutions

capable of improving efficiency,

accessibility, and patient outcomes.

Population growth, lifestyle-related

diseases, ageing demographics, and

higher healthcare expectations are

reshaping the sector’s priorities. As a

result, investment is shifting beyond

traditional hospital infrastructure towards

AI-powered healthcare systems,

telemedicine platforms, predictive

diagnostics, and data-driven patient

care models.

Digital Health becomes a Strategic

Priority

Governments across the GCC are accelerating

the deployment of digital

healthcare infrastructure to modernize

healthcare delivery. Electronic health

records, cloud-based hospital management

systems, and integrated patient

data platforms are becoming critical

components of national healthcare

strategies. These initiatives are helping

healthcare providers improve operational

efficiency while enabling more

accurate and personalised patient care.

The UAE continues to strengthen its

position as a regional digital healthcare

leader through smart healthcare initiatives

and paperless medical systems.

Saudi Arabia is also investing heavily in

healthcare digitalization under Vision

2030, focusing on healthcare accessibility,

efficiency, and innovation. Public

sector investment is creating a strong

foundation for private sector participation,

encouraging both local and

international HealthTech companies to

expand operations across the region.

The UAE is committed to

advancing a future-ready

healthcare system through

digital transformation,

innovation, and the

adoption of advanced

technologies that enhance

service quality and

efficiency across the

sector.”

His Excellency Abdulrahman bin Mohamed

Al Owais, Minister of Health and Prevention,

UAE

Healthcare digitalisation is also

improving patient engagement. Mobile

healthcare applications, digital

appointment systems, and remote

consultation platforms are becoming

increasingly common as healthcare

providers focus on convenience and

accessibility. This shift is transforming

patient expectations and driving

healthcare organizations to adopt more

technology-focused operating models.

AI and Data Analytics Attract Investor

Interest

Artificial intelligence is becoming a major

investment driver within the GCC’s

HealthTech ecosystem. Healthcare

providers are increasingly integrating

AI into diagnostics, medical imaging,

predictive analytics, and treatment

planning. Investors view AI-enabled

healthcare solutions as high-growth

opportunities capable of improving

clinical outcomes while reducing operational

costs.

The GCC’s high prevalence of chronic

conditions including diabetes, cardiovascular

disease, and obesity is creating

demand for predictive healthcare

technologies. AI-powered monitoring

systems and data analytics platforms

are helping healthcare institutions

identify risks earlier and improve

long-term disease management strategies.

This is particularly important

as regional healthcare systems shift

from reactive treatment approaches

towards preventive and personalized

healthcare models.

Investment activity is also increasing

within health data management and

cybersecurity solutions. As healthcare

systems become more digitally connected,

protecting patient information and

ensuring regulatory compliance are

becoming critical priorities.

Telemedicine and Remote Care

Expand Rapidly

Telemedicine continues to experience

strong growth across the GCC as

healthcare providers expand virtual

care capabilities. The pandemic accelerated

digital healthcare adoption, but

demand for remote healthcare services

has remained strong due to changing

consumer behaviour and increased

digital awareness.

Healthcare organizations are investing

in virtual consultation platforms,

remote patient monitoring systems,

and digital wellness applications to

improve healthcare accessibility. These

solutions are particularly valuable for

rural communities, chronic disease

management, and post-treatment monitoring.

Younger populations across

the GCC are also driving demand for

mobile-first healthcare experiences

that offer greater flexibility and

convenience.

Regional healthcare operators are

increasingly viewing telemedicine as

a long-term operational strategy rather

than a temporary solution. Insurance

providers are also expanding digital

healthcare coverage, encouraging

wider adoption of virtual care models.

As digital health technologies continue

to mature, telemedicine is expected

to play a central role in the GCC’s

healthcare transformation.


Sony

1000X THE

COLLEXION

Sony has unveiled the 1000X THE COLLEXION, a premium anniversary

edition created to celebrate 10 years of its acclaimed 1000X

headphone series. Positioned above the flagship WH-1000XM6,

THE COLLEXION combines luxury materials, refined acoustics,

enhanced comfort, and advanced noise-cancelling technologies

into a sophisticated wireless audio package. Designed for audiophiles,

frequent travellers, professionals, and entertainment

enthusiasts, the headphones focus on delivering a richer listening

experience while showcasing Sony’s decade-long expertise in

premium audio.

Expected Specs: Luxury Audio Meets Premium Design

Drivers

Newly developed 30mm drivers

with carbon composite dome

design

Audio processing

QN3 processor + Integrated

Processor V3

Noise Cancellation

12-microphone adaptive ANC

system

Audio Features

DSEE Ultimate AI upscaling,

360 Reality Audio, 360

Upmix modes

Charging

Fast charging support (5

minutes = up to 1.5 hours

playback)

Connectivity

Bluetooth 6.0, LDAC, AAC,

SBC, LC3 support

Weight

Approx. 320g

Battery Life

Up to 24 hours with ANC, 32

hours without ANC

+ Build

Premium faux leather, metal

accents, wider headband,

deeper ear cushions


Why Choose the Sony

1000X THE COLLEXION

The Sony 1000X THE COLLEXION is designed for

listeners who want more than traditional wireless

headphones. Rather than simply improving specifications,

Sony has focused on creating a luxurious

listening experience through premium craftsmanship,

refined acoustics, and long-term comfort. The result

is a headphone that feels more like a high-end audio

product than a conventional consumer gadget. For

users seeking a blend of elegance, immersive sound,

and Sony’s renowned ANC expertise, THE COLLEX-

ION offers a distinctive alternative to mainstream

flagship headphones.

Performance Highlights

New 30mm carbon composite drivers for wider soundstage

and improved clarity

Premium luxury design inspired by Sony’s original

MDR-1000X heritage

QN3 processor paired with V3 chip for advanced

audio processing

12-microphone ANC system with adaptive environmental

awareness

Support for LDAC, Bluetooth 6.0, and AI-powered

DSEE Ultimate

Improved comfort with deeper ear cups and wider

headband design

Spatial audio modes tailored for music, cinema, and

gaming

Up to 32 hours of battery life without ANC enabled

Global Launch & UAE

Availability

Pros

Cons

Launch Date: May 2026

UAE Availability: Sony official stores, online

retailers, premium electronics outlets,

and regional Sony distributors

Exceptional comfort with redesigned

ear cushions

Premium metal and faux leather construction

Spacious, detailed sound with enhanced

separation

Advanced ANC powered by dual processing

chips

High-resolution audio support including

LDAC

Premium pricing may not suit all buyers

Heavier than standard 1000X models

ANC is not significantly better than the XM6

Non-folding construction affects portability

App-dependent features may not appeal

to all users

Less value-focused compared to Sony’s

regular flagship lineup

Final Thoughts

The Sony 1000X THE COLLEXION celebrates a decade of Sony’s industry-leading 1000X series by blending premium craftsmanship

with immersive wireless audio. While it does not reinvent the headphone category, it successfully refines Sony’s flagship

formula through better comfort, luxury materials, and more expansive sound. For audiophiles and premium headphone buyers

seeking something beyond the standard WH-1000XM6 experience, THE COLLEXION stands out as a stylish, feature-rich, and

highly capable anniversary edition that prioritises listening pleasure over flashy gimmicks.


Global


UAE debt markets remain resilient amid global inflation shifts, sovereign risk concerns, and evolving investor strategies.

Global Debt Markets

Navigate Inflation and

Sovereign Risk

Global Debt Markets Adjust to Inflation Pressures

and Sovereign Risk, while the UAE Reinforces its

Position as a Stable Investment-Grade hub.

Global debt markets are entering a complex

phase shaped by persistent inflation

pressures, evolving monetary policy

expectations, and rising sovereign risk

concerns across major economies. In this

environment, investor sentiment is becoming

increasingly selective, with capital

flowing towards stable, investment-grade

jurisdictions. The United Arab Emirates

continues to stand out as a key anchor,

supported by strong fiscal fundamentals,

diversified funding channels, and resilient

credit ratings. As global interest rates stabilize

after an extended tightening cycle,

the UAE’s corporate debt markets are

gaining renewed attention from institutional

investors seeking yield stability,

liquidity, and long-term risk-adjusted

returns across fixed-income instruments.


The global debt markets are undergoing

a period of recalibration as

persistent inflationary pressures,

tighter monetary policies, and rising

sovereign risk reshape investor behavior.

For the United Arab Emirates,

these shifts are particularly significant

given the country’s deep integration into

global capital markets, strong sovereign

credit profile, and continued reliance on

diversified funding channels to support

infrastructure, energy transition, and

economic diversification programmes.

The UAE remains one of the most

resilient sovereign borrowers in emerging

markets, supported by strong fiscal

buffers, hydrocarbon revenues, and a

well-established investor base. However,

global volatility is influencing

issuance strategies, pricing expectations,

and investor appetite across

both sovereign and corporate debt

segments. As interest rates stabilise

after an aggressive tightening cycle,

market participants are reassessing

duration risk, credit spreads, and

refinancing conditions.

Inflationary Pressures Reshape

Yield Expectations

Global inflation trends have had a direct

impact on debt market performance

over the past several years. Although

inflation has moderated in several major

economies, it remains above historical

averages in many regions, influencing

central bank policy decisions and

sovereign borrowing costs.

For the UAE, inflation has been

relatively contained compared to

global benchmarks, supported by

currency peg stability and targeted

government subsidies in key sectors.

However, imported inflation from

trading partners continues to affect

pricing dynamics, particularly in consumer

goods, construction materials,

and logistics services. This indirectly

influences corporate borrowing costs

and investor yield expectations in the

domestic debt market.

Higher global interest rates have

also reshaped sovereign debt issuance

patterns. Investors now demand higher

risk-adjusted returns, leading issuers

to carefully balance maturity profiles

and coupon structures. The UAE has

responded by diversifying its funding

instruments, including conventional

bonds, sukuk issuances, and ESGlinked

debt instruments, to maintain

flexibility and investor appeal.

Sovereign Risk Perception and

Capital Allocation

Sovereign risk remains a key driver

of global capital allocation decisions.

In an environment of geopolitical

uncertainty and uneven fiscal recovery

across developed and emerging

markets, investors are increasingly

discriminating between credit profiles.

The UAE continues to benefit from

strong sovereign credit fundamentals,

including low public debt levels relative

to GDP, substantial sovereign wealth

reserves, and diversified fiscal income

streams. These factors position the

country as a preferred destination for

fixed-income investors seeking stability

amid global uncertainty.

The UAE continues to

strengthen its financial

resilience through

diversified economic

policies, robust fiscal

management, and the

development of deep

capital markets that

support sustainable

growth and investor

confidence across

sectors.”

His Excellency Abdullah bin Touq Al Marri,

Minister of Economy, UAE

At the same time, sovereign risk premiums

in other emerging markets have

widened, leading to capital reallocation

towards higher-rated issuers in the

GCC. This has strengthened demand

for UAE-denominated debt instruments

and increased oversubscription levels

in recent sovereign and quasi-sovereign

issuances.

GCC Debt Markets Gain Structural

Depth

Within the GCC, debt markets have

matured significantly over the past

decade, with the UAE playing a central

role in driving issuance volume and

market sophistication. Dubai and Abu

Dhabi have established themselves as

regional hubs for both conventional

bonds and Islamic finance instruments.

Sukuk markets continue to be a defining

feature of the region’s fixed-income

landscape. The UAE’s strong Islamic

finance ecosystem supports diversified

issuance structures that appeal

to both regional and global investors.

These instruments provide exposure

to Sharia-compliant assets while offering

competitive yields relative to

conventional bonds.

Corporate debt issuance has also

expanded, with UAE-based banks, real

estate developers, and infrastructure

firms increasingly tapping capital markets

to fund expansion and refinancing

needs. This trend reflects growing

investor confidence in the UAE’s corporate

sector and its alignment with

long-term economic growth strategies.

Monetary Policy Transition and

Liquidity Dynamics

The global transition from a high-rate

environment towards potential easing

cycles is reshaping liquidity conditions

in debt markets. Central banks’ efforts

to control inflation have led to tighter

financial conditions over recent years,

increasing borrowing costs and reducing

issuance flexibility.

In the UAE, monetary policy closely

tracks the US Federal Reserve due to

the currency peg, making global rate

movements a key determinant of domestic

liquidity conditions. As markets

anticipate potential rate cuts in the

medium term, issuers are strategically

timing debt offerings to optimise funding

costs and extend maturities where

feasible, while improving long-term

balance sheet efficiency.


Global News

Japan’s Nikkei Stock

Index Crosses 65,000

Mark for the First

Time

Japan’s benchmark Nikkei stock

index surged past the 65,000 level

for the first time, marking a historic

milestone for Japanese equities,

according to Kyodo News. By 11 am,

the 225-issue Nikkei Stock Average

had risen 2,001.65 points, or 3.16 per

cent, from Friday’s close to reach

65,340.72. The rally reflected strong

investor confidence, supported by

gains in technology and export-oriented

shares amid upbeat global market

sentiment. Meanwhile, the broader

Topix index also posted solid gains,

climbing 54.34 points, or 1.40 per cent,

to 3,946.80. The benchmark recorded a

fresh intraday record high, underscoring

continued momentum in Japan’s

stock market. Analysts said expectations

surrounding corporate earnings,

economic recovery, and sustained

foreign investment flows contributed

to the sharp upward movement across

Japanese equities.

Sharjah Business Women Council Unveils New

Hub to Empower Entrepreneurs

The Sharjah Business Women

Council has opened a new business

hub in Al Mamsha, Sharjah,

aimed at empowering women

entrepreneurs and business owners

through networking, collaboration,

and knowledge-sharing opportunities.

The hub was officially introduced

during an open gathering hosted by

the council, attended by Sheikha Hind

bint Majid Al Qasimi along with board

members and prominent business

leaders. Guests at the event were

briefed on the facilities, services,

and programs available within the

new space, developed as a dedicated

centre for use across Sharjah and the

wider UAE. The project is designed

to encourage collaboration among

council members and accelerate the

development of women-led enterprises.

The initiative also supports efforts

to strengthen female participation in

the UAE’s entrepreneurial landscape.

ADB to Provide $5B Aid to Bangladesh Amid

Economic Pressures

The Asian Development Bank

(ADB) has pledged $5 billion

in financial support to Bangladesh

over the next five years as the

country confronts rising economic

pressures linked to global instability

and domestic financial constraints.

The announcement was made during

a visit to Dhaka by ADB President

Masato Kanda, during which discussions

focused on economic reforms,

development priorities, and external

financing needs. Moreover, the funding

is intended to strengthen connectivity,

encourage investment and support

more balanced regional development

under the Integrated Growth Network

Development Initiative. Additionally,

the banking sector continues to

experience liquidity stress, further

limiting economic flexibility. Against

this backdrop, the ADB said its support

aims to help stabilise the economy

while unlocking new growth drivers.

Qatar Government Tenders Rise to $2.4 BN in Q1 2026

Qatar’s government tender activity

reached QR8.6 billion ($2.4

billion) in the first quarter of

2026, reflecting sustained public sector

spending across infrastructure and

key service industries, according to

the Ministry of Finance.

Local companies secured the majority

of awarded contracts, underscoring

strong domestic participation in state

procurement programs. Moreover,

foreign firms also maintained a significant

presence, highlighting continued

international engagement in Qatar’s


project pipeline. According to the

ministry, QR6.3 billion ($1.7 billion)

in contracts were awarded to local

companies during the quarter. Additionally,

foreign companies secured

QR2.3 billion ($631.7 million) in government

tenders.

As a result, local firms accounted

for the largest share of total awarded

value. The ministry also noted that

contracts awarded to local companies

increased by 59% compared to

the same period in 2025. Meanwhile,

awards to foreign companies rose by

53% year-on-year, indicating broadbased

growth in procurement activity.

Core42 Secures USD 550M from HSBC to Expand Global AI Infrastructure

Core42, a G42 company focused

on sovereign cloud and AI

infrastructure, has announced

the completion of two structured trade

finance facilities worth a combined

USD550M with HSBC. The funding

will support the rapid expansion of its

AI cloud and computer infrastructure

across the United States and Europe.

The two facilities, valued at USD240M

and USD310M, were finalized in February

and May 2026, respectively. The financing

arrangements were specifically designed

to align with Core42’s large-scale AI

infrastructure deployment requirements

and investment cycles. Structured as

non-equity dilutive facilities, the funding

provides greater strategic and financial

flexibility while supporting the company’s

disciplined capital management strategy

as it strengthens its international presence.

Dubai Chambers

Explores Infrastructure

Investment

Opportunities with

Montenegro

Dubai Chambers hosted a

high-level delegation led by Majda

Adžović, Minister of Public

Works of the Republic of Montenegro,

in a meeting focused on expanding

bilateral investment relations. Moreover,

both sides discussed pathways

to deepen economic cooperation and

unlock new business opportunities

across key sectors. The discussions

reflected a shared commitment to

strengthening ties between Dubai

and Montenegro. Additionally, they

highlighted the importance of building

structured partnerships that support

private sector expansion and

cross-border investment flows. Mohammad

Ali Rashed Lootah, President

and CEO of Dubai Chambers, emphasised

the importance of enhancing

economic engagement between the

two markets. Furthermore, he pointed

to opportunities in Montenegro’s infrastructure

sector and encouraged the

expansion of Dubai-based companies

into the Montenegrin market.

Oil Falls to Two-Week Low as US-Iran Deal Hopes

Grow

Oil prices fell nearly 5% to their

lowest levels in two weeks as

investor optimism increased

over potential progress toward a US-

Iran peace agreement, despite ongoing

disagreements over key issues, including

restrictions around the Strait of

Hormuz. Brent crude futures declined

by $5.04, or 4.9%, to $98.50 a barrel by

1327 GMT. Meanwhile, US West Texas

Intermediate (WTI) crude futures

dropped $4.82, or 5%, to $91.78 a barrel.

Both benchmarks reached their

weakest levels since May 7. Market

sentiment shifted after US President

Donald Trump said Washington and

Tehran had largely negotiated an understanding

on a peace arrangement

that could reopen the Strait of Hormuz.

Additionally, Iran’s top negotiator

A

senior meeting was held between

Abdullah bin Damithan,

Chairman of the Ports, Customs

and Free Zone Corporation in Dubai,

and Khaled Abdulrahim Al Zaabi, Consul-General

of Kuwait in Dubai and

the Northern Emirates. Moreover, the

discussions focused on enhancing bilateral

cooperation in maritime transport,

trade exchange, and customs

coordination. Additionally, both sides

reviewed ways to strengthen operational

collaboration between relevant

institutions. The talks also reflected

a shared interest in improving trade

efficiency and reinforcing cross-border

logistics frameworks. The meeting

highlighted key strategic initiatives

aimed at supporting uninterrupted

and foreign minister travelled to Doha

to discuss a potential agreement with

the US with Qatar’s prime minister.

Nevertheless, both Washington and

Tehran have downplayed expectations

for an immediate breakthrough.

Dubai Customs Discusses Trade and Maritime

Cooperation with Kuwait

supply chain operations. Moreover, the

corporation outlined ongoing projects

designed to facilitate smoother trade

flows and improve logistical efficiency

across maritime channels.Abdullah bin

Damithan underscored the corporation’s

role in supporting the business

community amid shifting geopolitical

conditions.


Finance


Secure e-invoicing systems powering seamless, transparent, and automated B2B financial transactions across the UAE .

Building Trust:

How E-Invoicing

Strengthens UAE’s

Business Ecosystem

Strengthening Trust and Compliance through Real-

Time Digital Invoicing Transformation in the UAE’s

B2B Ecosystem.

E-invoicing in the United Arab Emirates

is transforming B2B financial processes

by introducing a fully digital, standardized

framework for invoice creation, validation,

and exchange. Led by the Federal

Tax Authority (FTA), the system aligns

with global continuous transaction control

(CTC) models, enabling real-time verification

of transactions across approved

networks. This shift enhances VAT compliance,

reduces manual errors, and strengthens

trust between trading partners by

ensuring data accuracy and traceability.

For businesses, it improves operational

efficiency, accelerates payment cycles,

and supports better financial governance.

As adoption expands, e-invoicing is becoming

a key pillar of the UAE’s broader

digital economy transformation strategy.


The rollout of e-invoicing across

the United Arab Emirates marks

a structural shift in how B2B

transactions are recorded, validated,

and reported. Positioned within the

country’s wider digital tax transformation

agenda, it is designed to strengthen

compliance, improve data accuracy, and

enhance trust between enterprises and

regulators. For businesses operating

in increasingly complex cross-border

and multi-supplier environments, the

move represents a transition from document-based

reporting to a real-time,

interoperable financial ecosystem.

At the regulatory level, the framework

led by the Federal Tax Authority (FTA)

is aligned with international e-invoicing

models such as the PEPPOL-based

exchange structures and the OECD’s

digital reporting standards. The UAE’s

phased implementation approach focuses

on standardised invoice formats,

real-time validation, and structured

data exchange between suppliers, buyers,

and tax authorities. This reduces

reliance on manual reconciliation and

supports near-instant verification of

taxable transactions, reinforcing VAT

compliance across sectors.

A defining feature of the UAE’s current

rollout is its emphasis on structured

digital reporting rather than simple

invoice digitisation. Businesses are

required to generate invoices in machine-readable

formats that integrate

directly with approved service providers

and enterprise resource planning

(ERP) systems. This ensures that

transaction data is validated at the

point of creation, significantly reducing

post-submission corrections and audit

discrepancies. For CFOs and finance

leaders, this translates into improved

governance and reduced exposure to

compliance risk.

From a B2B operational standpoint,

e-invoicing is reshaping working capital

efficiency. Faster invoice validation

shortens approval cycles in accounts

payable and receivable workflows,

improving liquidity management across

supply chains. Enterprises benefit from

reduced Days Sales Outstanding (DSO),

while procurement teams gain better

visibility over supplier performance and

payment timelines. These efficiencies

are particularly relevant in sectors

such as logistics, construction, and

wholesale trade, where high transaction

volumes typically slow down manual

invoicing systems.

The UAE’s ecosystem approach also

ensures interoperability across private

and public sector platforms. Approved

network service providers act as intermediaries,

enabling secure exchange

of invoice data between disparate

systems. This architecture supports

scalability for both large enterprises

and SMEs, allowing smaller firms to

adopt compliant systems without extensive

IT overhauls. As a result, digital

inclusion within the tax framework is

significantly enhanced.

Security remains a central pillar of

the system’s design. End-to-end encryption,

digital signatures, and audit-ready

data trails reduce the risk of invoice

manipulation, duplication, and fraud.

In high-volume B2B environments,

The adoption of advanced

digital invoicing

systems reflects the

UAE’s commitment to

strengthening financial

transparency, enhancing

tax compliance, and

building a more resilient

and competitive business

environment aligned with

global best practices.”

His Excellency Younis Haji Al Khoori,

Undersecretary of the Ministry of Finance,

UAE

where invoice fraud can have material

financial consequences, this level of

validation strengthens counterparty

trust and reduces disputes. Real-time

validation also enables early detection

of anomalies, improving financial control

and governance standards.

Recent developments in global tax

digitisation have influenced the UAE’s

approach. Many jurisdictions are moving

towards continuous transaction

controls (CTC), where tax authorities

receive invoice data in real time rather

than periodic filings. The UAE’s framework

reflects this trend, positioning

businesses for seamless compliance

with emerging cross-border tax interoperability

standards. This is particularly

relevant for multinational corporations

operating across GCC markets and

beyond.

For enterprise technology teams,

integration is becoming a strategic

priority. E-invoicing is being embedded

into ERP platforms such as SAP and

Oracle through API-based connectors,

enabling automated data flow across

procurement, billing, and compliance

systems. This reduces dependency on

manual intervention and supports endto-end

financial process automation.

Over time, this is expected to accelerate

the shift towards touchless invoicing

in high-volume industries.

The data generated through e-invoicing

also has broader macroeconomic

implications. Aggregated transactional

datasets provide regulators with

granular insights into sectoral activity,

pricing trends, and supply chain

dynamics. This enhances economic

forecasting capabilities and supports

more targeted fiscal policy design. For

the private sector, improved transparency

in market behaviour can lead to

more stable contracting environments

and better risk modelling.

Sustainability objectives are another

indirect benefit of the transition. The

reduction in paper-based invoicing and

manual processing aligns with corporate

ESG commitments increasingly

prioritised by multinational firms operating

in the UAE. Digital workflows

also reduce administrative overheads,

contributing to leaner operational

structures and lower resource consumption.

Collectively, these developments

position e-invoicing as a foundational

component of the UAE’s digital economy

strategy.


Sports News

UAE Celebrates World

Football Day With

Inclusion-Focused

Event

The UAE marked World Football

Day with a special celebration in

Dubai organized by the Special

Olympics UAE in partnership with

the United Arab Emirates Football

Association under the theme “Football

Unites Us”. The event brought

together People of Determination,

coaches, athletes, and unified partners

to highlight football’s role in promoting

inclusion, youth empowerment, and

community engagement. Officials

said the initiative reflects the UAE’s

continued commitment to developing

inclusive sports programs and creating

opportunities for wider participation

in sporting activities. The celebration

also showcased ongoing efforts to

strengthen cooperation between sports

organizations and social initiatives

aimed at building a more sustainable

and inclusive society. World Football

Day, observed annually on May 25, was

established by the United Nations to

recognize football’s global influence in

encouraging cooperation, peace, and

cultural connection across communities

worldwide.

Fujairah To Host West Asia Archery Cup Tournament

The Emirate of Fujairah is set to

host the West Asia Archery Cup,

bringing together leading archers

and national teams from across

the region in a major sporting event

aimed at strengthening competitive

archery in West Asia. Organized under

the supervision of the UAE Archery

Federation and regional sports authorities,

the tournament will feature

athletes competing across multiple

categories while promoting technical

excellence and regional sporting collaboration.

Officials said the event

reflects Fujairah’s growing role as a

destination for sports championships,

supported by modern infrastructure

and strong organizational capabilities.

The competition is also expected

to encourage youth participation in

archery and provide athletes with

valuable exposure ahead of future

continental and international events.

Organizers highlighted that hosting the

championship aligns with the UAE’s

broader vision of advancing sports

development, cultural exchange, and

community engagement.

Fujairah To Host West Asia Archery Cup Tournament

The Emirate of Fujairah is set

to host the West Asia Archery

Cup, bringing together leading

archers and national teams from

across the region in a major sporting

event aimed at strengthening competitive

archery in West Asia. Organized

under the supervision of the

UAE Archery Federation and regional

sports authorities, the tournament

will feature athletes competing across

multiple categories while promoting

technical excellence and regional

sporting collaboration. Officials said

the event reflects Fujairah’s growing

role as a destination for international

and regional sports championships,

supported by modern infrastructure

and strong organizational capabilities.

The competition is also expected

to encourage youth participation in

archery and provide athletes with

valuable exposure ahead of future

continental and international events.

Organizers highlighted that hosting the

championship aligns with the UAE’s

broader vision of advancing sports

development, cultural exchange, and

community engagement through international

sporting events.

UAE Judo Team Begins Asian Championship Campaign In Tashkent

The UAE national judo team is

set to begin its campaign at the

Asian Cadets Championship in

Tashkent, Uzbekistan, with three opening-day

bouts scheduled across the

lightweight divisions. Organized under

the supervision of the Uzbekistan

Judo Federation, the championship

will take place on May 28 and 29 and

feature the participation of 692 male

and female athletes representing 11

countries. The UAE team will compete

in the under-55kg, under-60kg, and

under-66kg categories on the opening

day, followed by heavyweight contests

in the under-73kg and under-81kg

divisions. The delegation, led by Mohammed

Jassim, Secretary-General

of the UAE Judo Federation, includes

five athletes alongside technical staff.

Officials said the tournament provides

an important platform for young

Emirati judokas to gain international

experience, strengthen competitive

performance, and support the UAE’s

long-term sports development ambitions

across regional and continental

championships.


UAE Rugby Federation Approves Two New Clubs Ahead Of Season

The UAE Rugby Federation has

approved the inclusion of two new

clubs as part of its preparations for

the upcoming domestic rugby season,

reinforcing efforts to expand participation

and strengthen the sport’s development

across the country. During the federation’s

General Assembly meeting in Dubai,

attended by representatives from 17

member clubs, Dubai Knights and Dubai

Taskers were officially admitted into

the federation’s structure and cleared

to compete in league competitions next

season. The assembly also confirmed

the promotion of Shaheen Club and

UUDS Tuskers Club to the Premier

League, while Barrelhouse Club secured

approval to compete in the First Division.

Officials reviewed a series of technical,

administrative, medical, and development

reports focused on enhancing rugby

standards and grassroots growth in

the UAE. The federation said the latest

decisions reflect its long-term commitment

to broadening competitive opportunities

and strengthening the country’s rugby

ecosystem.

Saif Bin Zayed Honours

Baniyas Jiu-Jitsu And

Volleyball Teams

Baniyas Sports & Cultural Club

chairman Saif bin Zayed Al

Nahyan met with the club’s jiujitsu

and volleyball teams following

their standout achievements during

the 2025–2026 sports season. The

meeting, attended by technical and

administrative staff alongside members

of the club’s board, recognized the

athletes’ performances and contributions

across various competitions. Sheikh

Saif congratulated the male and female

players on their accomplishments and

praised the high standards demonstrated

by the teams, highlighting their role in

supporting the continued development

of UAE sports. He also encouraged the

athletes to maintain their commitment to

training and performance improvement

in pursuit of further success at regional

and international levels. Club officials

expressed appreciation for Sheikh

Saif’s continued support, noting that

his encouragement remains a major

motivation for athletes and teams

representing Baniyas across different

sporting events and championships.

Shabab Al Ahli And Sharjah Crowned Karate

Federation Champions

Shabab Al Ahli and Sharjah Sports

Club secured top honours at the

UAE Karate Federation Championship

following strong performances

across multiple categories during

the season-ending competition. The

tournament brought together leading

clubs and athletes from across the

country, highlighting the growing

competitiveness of karate in the UAE

and the federation’s continued focus

on developing local sporting talent.

Shabab Al Ahli claimed first place

in the youth divisions, while Sharjah

Sports Club achieved top rankings in

additional categories after consistent

performances throughout the championship.

Officials from the UAE

Karate Federation praised the high

technical standards displayed during

The UAE concluded its participation

at the 4th GCC Games

in Doha 2026 with a total of 66

medals, including 13 gold, 19 silver,

and 34 bronze medals, marking the

country’s second-best performance in

the history of the regional event. Emirati

athletes delivered strong results

across multiple disciplines, including

archery, athletics, shooting, karate,

fencing, boxing, snooker, billiards,

equestrian, padel, bowling, table tennis,

swimming, and taekwondo. The

national karate team added five bronze

medals on the final day of competition,

further strengthening the UAE’s overall

tally. Hosted in Qatar from May 11 to

22, the tournament featured participation

from all six GCC nations, with

the event and noted that the competition

serves as an important platform

for identifying promising athletes

for future regional and international

participation. The championship also

reflected ongoing efforts to strengthen

grassroots development, expand youth

participation, and enhance the UAE’s

presence in international karate competitions

through structured training

and talent development programs.

UAE Secures 66 Medals At GCC Games Doha

2026

the UAE represented by 164 male and

female athletes competing across 17

sports. Officials said the achievement

reflects the UAE’s continued investment

in sports development, athlete

preparation, and regional sporting

excellence.


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