Business and Finance

Shaikha Aysha Alqassimi A Voice of Vision, Heritage, and Bold Leadership from the UAE By Afef Yousfi Ambition often competes with tradition, Shaikha Aysha Alqassimi stands as a powerful example of how the two can coexist, not only in harmony but in momentum. A changemaker, academic, and advocate for culture and identity, Shaikha Aysha represents the voice of a new generation of Emiratis: proud of their heritage, bold in their thinking, and unafraid to shape the future. Her journey is driven by a personal mantra: “inspired by the fear of being average.” But to her, this isn’t about perfection or public recognition, it’s about purpose. That single phrase, she says, has been a guiding force throughout her life. It reflects her inner drive to exceed limitations, set bold goals, and evolve constantly, not just for personal growth, but for the betterment of her community. It’s this mindset that has defined her academic pursuits, her unwavering support for local entrepreneurship, and her rise as a young Emirati woman with a voice that carries both confidence and compassion. At the heart of her values is a deep pride in Emirati culture, which she describes as a living legacy of respect, unity, generosity, and pride. Central to that is the Emirati spirit of karam, hospitality, as well as strong family ties and an unshakable sense of community. What distinguishes Emirati culture, she believes, is its ability to honor the past without being held back by it. “We celebrate our past, but we’re not limited by it,” she explains. “This duality is what makes our culture so powerful on the global stage.” Inclusivity, too, is something that resonates deeply in her worldview. Shaikha Aysha sees the UAE’s multiculturalism not as a byproduct of development, but as part of the country’s original blueprint. Founded on the principles of diversity, respect, and unity, the UAE has become home to over 200 nationalities, a testament to its success as a hub of talent, innovation, and peaceful coexistence. As she sees it, this openness has helped position the nation as a global model for collaborative growth. “We take pride in being global citizens while staying true to our roots.” She speaks passionately about the new generation of Emiratis, a cohort she believes is setting new benchmarks in leadership, innovation, and ambition. What sets this generation apart, she says, is their ability to blend deep cultural grounding with global fluency. Raised with the values of their ancestors and equipped with the tools of the digital age, they are uniquely positioned to lead across industries, from technology and sustainability to entrepreneurship and creative expression. “We’re not afraid to take risks, speak up, or lead change. We dream big, not just for ourselves but for the future of the nation.” When asked what gives the UAE its edge, Shaikha Aysha doesn’t hesitate: visionary leadership. From bold investments in education and technology to trailblazing initiatives in space exploration and green energy, she credits the nation’s success to its ability to anticipate the future rather than react to it. The UAE’s ability to remain agile, forward-thinking, and people-centric has placed it at the forefront of regional and global progress. Yet with all this modernity, she remains rooted in tradition. To her, tradition isn’t something to move away from, it’s something to carry with pride. “Tradition is not a limitation, it’s an identity,” she says. It’s this philosophy that allows her to move confidently between the old and the new, embracing both the values she was raised with, faith, family, and respect, and the dynamic tools of today’s world. She believes that true balance comes from understanding who you are and choosing how you evolve. Shaikha Aysha is also a passionate advocate for young Emirati women, encouraging them to believe in their voice and their value. Her message is one of empowerment: “You already have everything within you to shine. Don’t let doubt silence your voice or dreams.” For her, ambition is something to be celebrated, not apologized for. She urges young women to embrace their identity, stay grounded in their values, and lead with courage. “The UAE supports your growth, so dream loud, lead proud.” Looking to the future, Shaikha Aysha sees Emiratis not only excelling in regional leadership but taking their place on the global stage, in diplomacy, tech, sustainability, creative industries, and beyond. She envisions the next decade as a defining chapter, driven by youth who lead with both purpose and heart. In her eyes, the UAE won’t just be a global hub, it will be a global force for good. With every word she speaks and every initiative she supports, Shaikha Aysha Alqassimi redefines what it means to be a modern Emirati leader: one who honors her roots while lifting others toward the future, with clarity, conviction, and compassion.

Empowering Potential The Transformational Journey of Maryam Al Kass By Afef Yousfi To meet Maryam Al Kass is to encounter a remarkable fusion of purpose, professionalism, and impact. As a certified coach by the International Coaching Federation (ICF), a public health educator, and an experienced career development specialist, Maryam has spent more than 14 years helping individuals and institutions unlock their full potential. Her work spans sectors, from government health initiatives to leadership development and entrepreneurship, proving that true growth happens when education, purpose, and strategy align. Maryam’s professional journey began in the healthcare sector as an Occupational Health and Safety Specialist with the UAE Ministry of Health. Her mission quickly evolved from compliance to community education. Through more than 500 awareness sessions, she translated complex health and safety standards into practical, empowering knowledge for individuals and workplaces alike. Her drive to influence positive behavior change laid the foundation for a broader vision—one that addressed not only physical well-being, but emotional and professional development too. This passion for human development led her to the Department of Human Resources in Sharjah, where she took on the role of Career Guidance Specialist. Over the last decade, Maryam has impacted more than 5,700 individuals through customized training workshops and facilitated over 1,400 one-on-one coaching sessions. Her programs target key professional growth areas such as CV building, interview skills, personal branding, and leadership readiness. Her approach blends strategic insight with empathy, enabling job seekers and professionals alike to gain confidence and clarity in a competitive landscape. In 2015, Maryam founded ecaros Consulting for Occupational Health & Safety, a platform through which she has led over 480 empowerment workshops focused on personal development, team building, and workplace well-being. Her entrepreneurial vision expanded her ability to offer tailored training solutions, while maintaining a clear commitment to public education. She also authored The Little Paramedic, an innovative children’s book series that introduces young readers to life-saving first aid concepts in an engaging and educational format. Maryam’s expertise and influence extend beyond workshops and coaching. She is a certified international First Aid trainer, a member of the Arab Parliament for Training Experts, and has served as an Ambassador for UAE National Identity through the Watani Al Emarat Foundation. For three consecutive years, she was recognized as a Knowledge Ambassador by the Emirates Red Crescent. In 2023, her leadership and commitment to national development earned her a nomination to the Federal National Council. Her coaching philosophy, grounded in emotional intelligence and guided by ICF standards, emphasizes transformation through self-awareness and intentional growth. She works with individuals from all professional levels, helping them navigate challenges, define goals, and take strategic action toward lasting change. For Maryam, coaching is not just a service—it is a mission to ignite the light in others. Maryam Al Kass exemplifies how purpose-driven leadership and evidence-based practices can create measurable, lasting results in both individual lives and organizational cultures. Through her corporate training, coaching, and public speaking, she continues to deliver value to institutions seeking transformation and to people aspiring to reach their full potential. Her story stands as a model for sustainable empowerment, proving that with vision and commitment, leadership can begin at any level and ripple outward to change the world.

Salem Al-Hashmi From Phone Deals to Building the Future of Web3 By Hafsa Qadeer Long before blockchain entered the mainstream conversation, before Bitcoin headlines dominated the global news cycle, and before “Web3” became a buzzword, Salem Al-Hashmi was laying the groundwork for a future he couldn’t yet define, but one he was instinctively building toward. In the heart of Abu Dhabi, amid the hum of marketplaces and second-hand tech shops, a young Salem was making his first moves, not from a high-rise office or sleek co-working hub, but from the ground up in the fast-paced world of mobile phone trading. Buying, flipping, fixing, and negotiating, Salem developed not just a keen sense for commerce but an intuitive grasp of people. These early days were anything but glamorous, but they were real, and they taught him one of life’s hardest-earned truths: success doesn’t arrive, it’s built, piece by piece, trade by trade, call by call. At the time, he had no inkling that this scrappy hustle would later fuel a much bigger leap. Years passed, and when the COVID-19 pandemic brought the world to a halt, Salem found himself once again at a crossroads. The external chaos echoed internal uncertainty, missed calls, closed doors, lost momentum. But true to his nature, standing still wasn’t an option. While others froze or fled, Salem turned his focus toward what many still dismissed as digital gambling, cryptocurrency. But he wasn’t chasing hype or headlines, he was thinking long-term. “It wasn’t a gamble,” he reflects. “It was a calculated move toward the future.” Where some saw trends, he saw infrastructure, a new way to rebuild trust, transfer value, and reshape the very architecture of finance. He didn’t take shortcuts. Salem read obsessively, followed market patterns, made early investments, suffered losses, and recalibrated. Like many in the space, he initially got swept into the noise, fast gains, viral tokens, empty promises. But unlike many, he learned quickly. Those missteps became fuel for sharper strategy, and hype gave way to discipline. Soon, trading became more than a numbers game. It became a lesson in risk management, in emotional control, in delayed gratification. Salem’s efforts paid off. On Binance, the world’s leading crypto exchange, he ranked among the top three traders globally by Sharpe ratio, a measure that balances return with risk. It wasn’t just about earning, it was about earning smart. But profit was never the final goal. As he immersed deeper into the crypto ecosystem, Salem began to notice a troubling pattern: the space was crowded with noise, self-proclaimed gurus, questionable projects, predatory schemes. What disturbed him most was the vulnerability of those entering without proper knowledge, often lured by illusions of easy wealth. So, true to his builder’s spirit, Salem created a solution. What began informally became a movement, the Abu Dhabi Crypto Community. It wasn’t a company or a commercial brand. It was a safe space, both online and off, where curious minds could gather, ask questions without fear, and learn without pressure. “We don’t just spread awareness,” Salem says. “We build confidence and capability.” What started as informal chats turned into regular meetups. Conversations deepened, trust grew, and Salem became less of a public figure and more of a mentor. He taught people how to spot red flags, resist urgency, and walk away from anything promising instant riches. His golden rule? “If it feels like pressure, it’s probably a trap.” At the core of all his work is one unshakable foundation: values. Salem’s entrepreneurial compass is not driven by trends, but by faith and integrity. “What’s meant for you will reach you,” he often says, “but only if you work with honesty and intention.” In a space often defined by opacity and self-promotion, his approach stands out. He shares his trades publicly, walks others through his reasoning, and encourages a culture of radical transparency. For him, trust isn’t built by image, it’s built by action. Today, when asked what truly drives him, his answer is immediate: impact. Salem is no longer building for himself. He’s creating systems that empower others, platforms for education, mentorship, and ethical investing. His dream is clear: a UAE where every ambitious young person with a smartphone can access the same opportunities he had to fight for, regardless of their background. “Crypto is just the beginning,” he says. “The real mission is empowerment.” He envisions a Middle East that doesn’t trail global innovation, but leads it, a generation of coders, creators, and visionaries rising not from Silicon Valley, but from Sharjah, Abu Dhabi, and Riyadh. And for that to happen, he believes the technology must evolve alongside the people, rooted in community, led by ethics, and driven by a shared sense of purpose. Salem doesn’t seek the spotlight. He doesn’t position himself as a crypto mogul. He sees himself as a bridge, between old systems and new, between confusion and clarity, between ambition and meaningful action. As he continues to develop educational platforms, grow mentorship networks, and lead ethical investment initiatives, one thing is certain: his mission is bigger than his name. “Legacy isn’t what you leave behind,” he says. “It’s what continues because of you.” In a region charging toward its digital future, Salem Al-Hashmi isn’t just surfing the wave of Web3, he’s helping shape its very direction. And as a new generation of dreamers watches, learns, and rises with him, his story stands as a reminder that true innovation begins not with technology, but with intention.

Strategic Alignment Why ADNOC Sees Opportunity in Covestro Acquisition By Hafsa Qadeer When ADNOC first unveiled its plan to acquire Covestro last October, it surprised many observers. Here was a national oil company, long synonymous with crude exports, reaching into Europe’s advanced chemicals sector. Now, as Brussels opens an in‑depth probe under its new Foreign Subsidies Regulation, the deal is under the microscope, but the reasons behind ADNOC’s enthusiasm remain as clear as ever. At its core, the Covestro acquisition is about strategic alignment. ADNOC has spent the past decade moving “downstream,” shifting from raw oil and gas production toward higher‑value industries. Covestro, a German firm spun off from Bayer in 2015, specializes in high‑performance polymers and coatings used in electric vehicles, wind turbines, electronics, and more. By bringing Covestro into its fold, ADNOC isn’t just buying assets; it’s buying expertise, global customer relationships, and a direct ticket into fast‑growing clean‑tech markets. Why Polymers Matter Imagine you’re designing the next generation of electric cars. You need strong, lightweight plastics for body panels, durable insulators for high‑voltage wiring, and eco‑friendly coatings for interiors. Covestro already supplies those critical materials to automakers around the world. For ADNOC, owning that supply chain means more than diversifying revenue; it means shaping the products that will define tomorrow’s mobility and energy systems. Oil demand may slow as the world decarbonizes, but the appetite for advanced materials shows no sign of ebbing. Batteries, solar panels, hydrogen infrastructure, and electric vehicles all rely on specialized polymers. By investing in Covestro now, ADNOC is hedging its future, ensuring that its earnings aren’t tied solely to barrels of oil but also to the broader industrial transformation underway in clean technology. Scale, Capital, and Speed Another powerful draw is scale. ADNOC’s sovereign backing gives it access to capital at costs that few private companies can match. Covestro, by contrast, must tap Europe’s capital markets for funding. That difference matters when it comes to financing new production lines or cutting‑edge research centers. Under ADNOC’s ownership, Covestro could accelerate projects that might otherwise be delayed by tighter budgets. Whether expanding a plant in Germany to produce bio‑based plastics or funding recycling initiatives that turn old polymers into new ones, ADNOC’s financial muscle can translate into faster innovation and greater capacity, benefits that ultimately reach European customers and industries. Navigating the EU’s New Rules Yet regulatory scrutiny was always part of the picture. The EU’s Foreign Subsidies Regulation, in force since mid‑2023, empowers Brussels to examine whether state‑backed buyers gain an unfair competitive edge. The Commission’s preliminary concerns center on two points: an “unlimited financial guarantee” from the UAE government and a “committed capital increase” into Covestro. These measures, regulators argue, could have enabled ADNOC to outbid rival suitors. ADNOC has pushed back firmly but respectfully, noting its track record of transparent, market‑based deals in Asia and Europe. Covestro, for its part, has welcomed the review and pledged full cooperation. Both sides stress that the probe’s opening does not prejudge the outcome, and that all options, from unconditional approval to conditional commitments, remain on the table. A Potential Win‑Win If approved, the transaction could deliver benefits on both sides. Europe would gain fresh capital for research, new local jobs, and strengthened supply chains in critical materials. ADNOC would secure technology and market access that bolster its own sustainability goals, from recycling waste plastics into new products to developing bio‑based alternatives. That synergy is exactly the strategic alignment ADNOC had in mind. It’s not simply an oil company buying a chemical maker; it’s two businesses combining strengths for mutual gain. Europe gains a partner committed to long‑term investment; ADNOC gains the industrial know‑how and customer networks vital for the next decade. What to Watch Next The Commission has until December 2, 2025, to reach a decision. In the coming months, technical teams from ADNOC, Covestro, and Brussels will conduct market impact studies, clarify financial arrangements, and negotiate any necessary remedies. Observers will be watching closely: a green light could encourage further Gulf‑to‑Europe partnerships, while a blockage might signal a tougher stance on foreign state‑backed investment. Regardless of the outcome, ADNOC’s Covestro move has already sent a clear message: national oil companies can, and must, evolve. Energy and advanced materials are increasingly intertwined, and success will favor those who align capabilities with market needs. In the high‑stakes game of global industry, that kind of forward‑looking strategy may prove to be the strongest currency of all.

Arab Bank Group Posts $535 Million H1 Profit, Driven by 6% Growth By Hafsa Qadeer Arab Bank Group’s financial results for the first half of 2025 reflect both resilience and strategic clarity. The Amman‑headquartered lender reported a net income after tax of USD 535.3 million, up 6% from USD 502.8 million in the same period last year. This impetus was driven by a concerted effort to grow core lending while preserving strong liquidity and capital buffers, a balance that management has deemed essential amid ongoing regional economic headwinds. Balance‑Sheet Expansion and Funding Strength Over the six‑month period, the Group’s total assets increased by 9% to USD 75.2 billion, underscoring robust demand across its credit portfolio. Net loans rose by 6% to USD 39.8 billion, fueled primarily by corporate and institutional clients seeking trade‑finance and project‑funding solutions. At the same time, customer deposits climbed by 9% to USD 55.3 billion, reinforcing Arab Bank’s reputation for stability and its ability to attract and retain client funds even in a competitive market for deposits. This deposit growth not only underpins the bank’s liquidity profile but also enables a conservative loan‑to‑deposit ratio of 72%. By ensuring that a majority of lending is funded through stable client deposits, Arab Bank has guarded against funding volatility and sustained its capacity to support client activity across a range of sectors. Capital Adequacy and Asset‑Quality Discipline Maintaining a fortress‑like capital position remains a cornerstone of Arab Bank’s strategy. As of June 30, 2025, total equity stood at USD 12.5 billion, delivering a Common Equity Tier 1 ratio of 17.1%, comfortably above regulatory requirements. Management’s prudent approach to credit risk was equally evident in its provisioning philosophy: provisions against non‑performing loans continue to exceed 100%, ensuring that potential future losses are fully cushioned. This dual emphasis on capital and credit quality has allowed the bank to pursue measured growth without compromising resilience. By proactively provisioning against stressed exposures, Arab Bank has fortified its balance sheet and ensured that episodic market shocks do not erode its core capital base. Strategic Expansion: The Swiss Private‑Banking Merger A highlight of the first half was the completion of a landmark merger in Switzerland. Arab Bank Switzerland finalized the integration of Gonet & Cie SA and ONE Swiss Bank SA, creating a unified private‑banking platform with assets under management totaling CHF 18 billion. This consolidation strengthens Arab Bank’s position in Europe’s competitive wealth‑management landscape and deepens its service offering to high‑net‑worth clients with ties between the Gulf and Switzerland. By bringing together the heritage and networks of both Gonet and ONE, Arab Bank Switzerland is positioned to leverage synergies in client service, cross‑border advisory, and digital onboarding. The enlarged platform will allow the Group to capture new flows of wealth and to offer a seamless suite of investment, trust, and fiduciary services under a single, integrated brand. Leadership Insights: Strategy and Resilience Commenting on the half‑year results, Chairman Sabih Masri emphasized that the bank’s achievements stem from the “effectiveness of our integrated strategy and the resilience of our operating model.” He noted that, despite regional geopolitical uncertainties and uneven economic recovery, Arab Bank continued to execute on its long‑term vision, delivering sustainable growth and healthy returns for shareholders. Chief Executive Officer Randa Sadik echoed this sentiment, pointing to a 5% increase in Group revenue for H1 2025 as evidence of robust underlying performance. She highlighted the bank’s unwavering focus on maintaining high liquidity and preserving asset quality, “Our balance‑sheet strength remains our greatest asset,” she said, “allowing us to serve clients effectively while safeguarding stakeholder interests.” Guarded Optimism: Outlook and Strategic Priorities Looking ahead, Arab Bank’s leadership has signaled a commitment to deepening its core franchise while exploring selective growth avenues. The bank plans to leverage its strengthened capital base to support financing in sectors poised for expansion, including infrastructure, energy transition, and trade corridors linking the Middle East to global markets. At the same time, it will continue to invest in digital capabilities designed to enhance client experience and operational efficiency. The successful Swiss merger also opens the door to further international collaboration, enabling Arab Bank to offer integrated banking solutions that span retail, corporate, and private‑banking segments. By aligning its Middle Eastern heritage with European wealth‑management expertise, the Group seeks to capture synergies and deliver differentiated value to a broadening client base. Recognition of Excellence In addition to its financial achievements, Arab Bank was honored as the “Best Bank in the Middle East 2025” by Global Finance magazine. This accolade reflects both the bank’s market leadership and its consistent delivery of risk‑adjusted returns. It also underscores the industry’s recognition of Arab Bank’s strategic execution, capital discipline, and customer‑focused culture. Final Words Arab Bank Group’s first‑half performance in 2025 exemplifies a rare blend of growth and stability. By growing net income, expanding assets, and reinforcing capital and liquidity metrics, the bank has demonstrated that disciplined strategy and prudent risk management can coexist, even in a challenging regional environment. As the Group advances through the remainder of 2025, its ability to sustain these fundamentals while pursuing strategic expansion will be central to its long‑term success and its continued role as a pillar of the regional banking sector.

BurjX Earns FSRA Approval and Debuts a Fully Regulated Crypto Trading Hub in ADGM By Desk Reporter In a significant step for the UAE’s fintech landscape, BurjX, conceived and built in the Emirates, has been granted its Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This milestone enables BurjX to operate as a fully compliant digital asset brokerage and custody platform, immediately offering a selection of over 100 digital tokens. Homegrown Platform With Global Design BurjX comes to life under the leadership of two visionary founders: Omar Abbas, co-founder of Canada’s NDAX exchange, and Adam Ferris, a Harvard JD/MBA alumnus with experience at Goldman Sachs. Abbas emphasizes that BurjX is “not another imported platform entering the UAE” but rather a native venture positioned to lead globally. Their mission resonated with regulators. In the words of Ferris, BurjX’s debut “validates the strength of our infrastructure…the calibre of our team,” and underscores their ambition to be a global blockchain contender from day one. Seamless On-Ramps for AED Transactions A standout feature is the platform’s deep integration with Zand Bank, which allows instant AED deposits and immediate access to trading across its digital asset lineup. This fiat-to-crypto gateway is rare even among regional exchanges and positions BurjX as a frontrunner in delivering frictionless, regulated access to digital finance. Institutional-Grade Security and Custody BurjX is one of the few platforms in ADGM licensed for both brokerage and custody. Beneath its user-friendly interface lies a hybrid architecture: A NASDAQ-grade engine capable of processing over 1 million transactions per second Secure storage powered by Fireblocks’ MPC protocols Multi-layered governance, including hot and cold wallet insurance coverage. This robustness ensures that both retail and institutional users benefit from top-tier infrastructure and risk management. Governance Anchored in Expertise GSquared oversight is provided by Dr. Ryan Lemand, a former Binance boa. His presence on the board strengthens BurjX’s regulatory foundation and internal compliance frameworks. Catering to HNWI and Family Offices BurjX is already welcoming institutional capital through its Private Client Division, offering personalized services such as over-the-counter trades, dedicated client coverage, and portfolio structuring. This aligns with the platform’s flexibility to serve both first-time crypto users and seasoned investors. Context in a Rapidly Expanding Market The move comes at a pivotal time. The UAE’s crypto ecosystem is projected to generate around US $396 million in revenue this year, with an estimated 3.88 million crypto users by 2026, nearly one-third of the population. In this environment, regulated, locally grounded exchanges like BurjX fill a critical void between global offshore platforms and local regulatory standards. What This Means for ADGM and the Region ADGM, headquartered on Al Maryah Island and known for its common-law system and strong governance, launched its virtual assets framework in 2023. With BurjX now fully regulated under FSRA, the centre takes another leap in positioning itself as the GCC’s virtual asset powerhouse. This approval signals to international players that the UAE isn’t just open to building digital finance it on solid ground. Looking Ahead With its license secured and trading platform live, BurjX plans to expand across the UAE and beyond. Future enhancements include additional token listings, expanded fiat support, staking and yield products, institutional custody services, and the potential to tokenize real-world assets

UAE Where Vision Fuels Venture By Desk Reporter The United Arab Emirates has become one of the most compelling launchpads for global business, where long-term vision meets policy innovation, and investment meets impact. Opening Doors to Global Entrepreneurs In recent years, the UAE has transformed its economic model to welcome foreign innovation at scale. With 100% foreign ownership now allowed in mainland companies and the introduction of the 10-year Golden Visa, the nation is no longer just a place to invest; it’s a place to build, settle, and thrive. According to the Ministry of Economy’s January 2024 report, the country drew more than AED 84 billion in foreign direct investment in 2023. Key sectors driving this influx include fintech, logistics, and renewable energy, industries that reflect the UAE’s strategic pivot from oil-dependency to knowledge-based, future-facing growth. A Nation Built to Incubate Innovation here is a part of the architecture. Abu Dhabi’s Hub71 and Dubai’s DIFC FinTech Hive are just two of several high-impact accelerators offering early-stage ventures access to funding, mentorship, and regulatory guidance. Whether you’re a fintech founder or a clean energy pioneer, the infrastructure to scale globally is already in place. The Green Frontier of Business The UAE’s commitment to net-zero emissions by 2050 is opening new lanes for sustainable investment. Projects like Masdar City, a planned urban ecosystem powered by renewable energy, symbolize the country’s ambition to lead on climate innovation as well as commerce. From green hydrogen to carbon capture, global investors are finding fertile ground in the UAE’s sustainability sector, just as the country strengthens its global positioning in preparation for hosting climate summits and green finance forums. Smart Finance, Smarter Future Meanwhile, the financial sector is evolving at speed. AI and blockchain are being embraced not just as tools for real-world efficiency, enhancing transparency, lowering operational costs, and expediting transactions. In this data-driven landscape, startups and institutional players alike are testing the future of finance under the region’s maturing regulatory umbrella. A Laboratory for Tomorrow The UAE is no longer just a business-friendly destination; it’s a sandbox for solving global problems through local ambition. Whether it’s digital finance, sustainability, or startup innovation, the message is clear: in the Emirates, big ideas don’t just land, they take off.

Local Voices The UAE’s Emerging Entrepreneurs By Marina Ezzat Alfred The UAE has long been recognized as a global business hub, attracting multinationals and international investors. Today, a new generation of local entrepreneurs is reshaping the nation’s economy with bold ideas and innovative startups, signaling a shift from dependency on foreign enterprises to homegrown solutions. These forward-thinking individuals are transforming traditional industries and paving the way for a more self-sustaining and tech-driven future. A Supportive Ecosystem for Innovation Fuelled by strategic government initiatives such as the UAE Vision 2021 and the National Innovation Strategy, the entrepreneurial landscape has flourished. These programs have cultivated a dynamic environment that empowers both Emiratis and expats to bring their business ideas to life. With streamlined regulations, access to funding, and a strong push for innovation, the UAE is becoming one of the most startup-friendly nations in the region. Success Stories Leading the Way Notable examples have set a powerful precedent. Careem, founded by Mudassir Sheikha, Magnus Olsson, and Abdulla Elyas in 2012, evolved from a ride-hailing service into a tech ecosystem encompassing food delivery, payments, and car rentals. Its $3.1 billion acquisition by Uber in 2019 remains a landmark achievement in the region’s startup history. Souq.com, founded by Ronaldo Mouchawar in 2005, revolutionized e-commerce in the Middle East and was acquired by Amazon in 2017. Similarly, Talabat, launched by Abdulaziz Al-Loughani in 2004, has grown into the GCC’s leading food delivery platform, reflecting the rapid shift in consumer behavior toward convenience and digital services. Environments that Spark Creativity Creative and tech hubs across the country have become incubators for talent and innovation. Dubai Design District (d3) nurtures creative industries by hosting collaborative events, workshops, and exhibitions. Abu Dhabi’s Hub71, launched in 2019, supports startups in fintech, AI, and health tech through funding, mentorship, and global connectivity. Meanwhile, The Cribb in Dubai provides a collaborative co-working space that fosters entrepreneurial growth through community engagement and expert guidance. Revitalizing Traditional Sectors The impact of local entrepreneurship extends beyond tech. In agriculture, Pure Harvest Smart Farms, founded by Sky Kurtz, uses climate-controlled greenhouses to address food security with sustainable solutions that reduce water usage. Other agri-tech startups are leading the shift toward vertical farming and hydroponics, tackling the challenges of climate change and resource scarcity. In education, institutions like Hult International Business School are equipping future leaders with practical, innovation-focused curricula. Online platforms such as Almentor and Nabbesh are also bridging the skills gap, offering accessible training tailored to regional workforce needs. Healthcare is undergoing a digital transformation led by platforms like YAPILI, which connects patients with healthcare providers across Africa and the Middle East. Regional startups such as Healthigo and DabaDoc are streamlining patient care with services like telemedicine, digital records, and online appointment systems, improving both access and outcomes. Looking Ahead The UAE’s entrepreneurial future is bright. With a strong focus on sustainability, innovation, and digital transformation, startups are tackling challenges that are both local and global in scope. Continued government support through initiatives like the Mohammed Bin Rashid Innovation Fund and a growing network of angel investors will be critical to sustaining this momentum. The rise of local entrepreneurs marks a transformative era for the UAE. These visionary leaders are not only redefining business norms but are also shaping the region’s cultural and economic identity. As they push boundaries and inspire future generations, their voices will continue to lead the conversation in the region’s innovation journey.

The Rise of the UAE Regenerative Economy By Hafsa Qadeer In the shimmer of Dubai’s skyline or the vast stillness of the Rub’ al Khali, a quieter revolution is taking root. The UAE, long defined by its oil wealth and architectural ambition, is nurturing something deeper ,  a regenerative economy where waste becomes wealth, where growth nourishes rather than depletes. Regeneration, once a word used in environmental circles, now finds itself at the heart of boardroom strategies and government roadmaps. It’s not just about sustainability ,  it’s about reversal, renewal, and restoration. From the way buildings are designed to how capital is invested, the UAE is quietly recalibrating its definition of prosperity. A Future Planted in the Soil Take the agri-tech startups blooming in Al Ain and Sharjah. These aren’t just hydroponic farms or vertical gardens. They’re ecosystems of circularity. In these microclimates, water is recycled, energy is solar, and crops are selected not just for taste, but for climate resilience. Entrepreneurs like Layla Al Qasimi are turning food waste into soil-enriching biochar, selling carbon credits while feeding the nation. This is regeneration,  not extraction, but expansion through replenishment. Capital that Comes Full Circle The financial ecosystem is evolving too. UAE-based venture capitalists are now investing in what they call “regenerative finance” or ReFi ,  startups focused on carbon sequestration, biodiversity mapping, and ethical supply chains. DIFC’s green fintech sandbox has incubated dozens of solutions where financial products double as climate tools. At the policy level, the Ministry of Economy is promoting incentives for companies that integrate regeneration into their business models, offering benefits to waste-to-energy firms, recycled-material manufacturers, and water-positive developers. This is more than compliance. It’s a cultural pivot. Buildings That Breathe Look around Masdar City or the new climate-conscious districts in Dubai South. The architecture tells a new story, one where buildings generate their own energy, manage their own waste, and offer habitats to urban wildlife. These are not just structures but living systems. Even luxury developers are leaning in. Residences now advertise “carbon-zero footprints” and use reclaimed desert stone and algae-based paints. Materials matter. Origins matter. Impact matters. The real estate boom has not paused. It has transformed. Youth as the Custodians What fuels this shift isn’t only policy,  it’s people. Gen Z entrepreneurs in the UAE are radically values-driven. They don’t just want to earn, they want to regenerate ,  to fix, rewild, revive. At hackathons and innovation labs, you’ll find teenagers prototyping solar-powered desalination pods or NFTs that fund coral restoration. University programs now offer courses in regenerative leadership. The youth don’t ask why regeneration. They ask what’s next. Beyond Sustainability In many ways, sustainability has always been a bridge, a neutral zone between destruction and healing. The UAE has crossed that bridge. Now, the goal is net-positive: to give more than is taken, to build systems that thrive long after the builder is gone. This is a bold vision. And a necessary one. Because in a world where climate volatility and economic inequality threaten to destabilize entire regions, regeneration isn’t idealism. It’s a strategy. A New Definition of Wealth Perhaps the most radical change is philosophical. Wealth is no longer just GDP or gold reserves. In the UAE’s new lexicon, wealth is fertile soil, clean air, resilient communities, and thriving species. It is a future that can sustain itself. And in the heart of the desert,  once considered barren,  a new kind of abundance is being born. Here, regeneration is not just a practice. It is a promise.

Farah Mourad The Analyst Clarifying Global Market Shifts By Hafsa Dijoo Global financial markets influence every aspect of modern life. Since the beginning of this decade in 2020, the world has faced an unrelenting series of crises from pandemics to geopolitical conflicts, each one amplifying the demand for clear, trustworthy financial insight. MAGNAV had the opportunity to speak with Farah Mourad, a Senior Market Analyst at IG Group, whose rare ability to simplify complex financial trends sets her apart. With a bachelor’s degree in economics and a master’s in communication, Farah brings a rare blend of analytical depth and articulate delivery. She began her professional journey as a reporter at Al Jadeed before joining MBC in the United Arab Emirates as a producer and editor. Over five years in the media industry shaped her ability to communicate with precision skills that now serve her well as a financial analyst. “When I worked in journalism, I delivered the headlines. But as an analyst, I get to uncover what truly lies beneath them.” Farah’s transition into finance was driven by her curiosity during the COVID-19 pandemic. She felt limited by surface-level reporting and sought to understand the deeper forces behind market movements. One moment that stood out was the market panic on August 5, often compared to Black Monday. Despite the alarmist headlines, Farah’s research revealed it was largely media-driven hype. That experience solidified her desire to pursue a more analytical path. At MBC, her work centered primarily on Saudi Arabia’s economy. Today, her scope is global. Farah analyzes markets across Europe, the Americas, and Asia, covering a wide array of instruments from stocks and commodities to currencies, indices, and cryptocurrencies. Reflecting on the impact of the pandemic, she noted how it created an economic shift that, in some ways, rivaled the Great Depression. “More young people are engaging with financial markets. What was once seen as exclusive to the elite is now widely recognized as affecting everyone.” She also pointed out how the pandemic exposed vulnerabilities in globalization. Supply chain disruptions especially when air traffic was grounded made clear the risks of over-dependence. Inflation added more pressure, driving skepticism around fiat currencies and sparking renewed interest in digital assets. “This shift in consumer behavior isn’t temporary. It marks a long-term change in how we perceive money and value.” The conversation turned toward geopolitical tensions, particularly the wars in Ukraine and Palestine. Surprisingly, Farah observed that these conflicts haven’t deeply shaken global markets. Despite widespread concern, stock indices have continued to rise, oil supplies have remained relatively stable, and most price fluctuations were driven by speculation rather than actual disruption. “We’re seeing a new kind of resilience. Investors are no longer shocked by conflict, they plan for it.” She explained that major institutions now factor in multiple scenarios, protecting portfolios against sudden swings. The flood of capital post-COVID has only added to this momentum, with inflation encouraging a more aggressive investment mindset. Farah’s analysis becomes especially compelling when focused on the Middle East. Her understanding of the region is rooted in both her media background and her financial expertise. She pointed to the Etihad Rail project, a transformative initiative linking the UAE and Saudi Arabia. “Just like the Eurail system boosted regional connectivity in Europe, this project could redefine tourism, logistics, and cross-border trade in the Gulf.” Beyond the Gulf, she highlighted investment opportunities in Egypt, Lebanon, and Jordan. These markets, backed by Gulf investment, are seeing major real estate development and logistics expansions. New port infrastructure across the Mediterranean could position them for substantial growth. “Greater regional integration can only bring stability and prosperity. Europe proved that with the evolution of the EU.” Farah was also asked about the UAE’s ability to remain stable amid the ongoing Palestine conflict. She acknowledged the country’s unique position, noting that the UAE has long been viewed as a safe haven thanks to its consistent political and economic management. “In times of uncertainty, the UAE becomes a magnet for investors seeking safety. That speaks volumes about its strategic strength.”  To date, the UAE has not faced direct consequences from the conflict, providing reassurance to smaller investors who are closely watching the region. Farah also discussed how global businesses have had to respond to shifting consumer sentiments, especially with pro-Palestine boycotts affecting major franchises in Muslim-majority countries like Egypt, Indonesia, and Malaysia. Brands such as McDonald’s attempted to reverse public backlash with donations to Palestinian causes, though the response has been mixed. “Companies can’t afford to be silent anymore. Transparency is no longer optional—it’s expected.” She recommended that brands not only clarify their stance but also diversify product lines and market strategies. Adidas, for instance, recovered strongly after parting ways with Kanye West during a wave of controversy. “Reputation can be rebuilt, but only with courage and consistency.” The interview turned philosophical when asked whether individuals could influence global events through their investment decisions. Farah believes they can. “If BlackRock decided not to invest in your stock, you’d feel it. And that same logic applies, even on a smaller scale, when consumers and retail investors make ethical choices.” She pointed to the growing—but recently slowed, movement of ESG investing. In 2023, ESG-focused ETFs reached $480 billion, although momentum has cooled since. Still, she believes the ethical investing trend has staying power. That said, she noted a sharp rise in defense stocks, with companies like BAE Systems gaining as much as 140% in the last three years. While war profiteering may concern many, there are signs of pushback. Barclays, for example, divested $3.4 million from Elbit Systems, an Israeli defense firm. While this didn’t crash the stock, it made a bold public statement. “The message matters—even when the market impact is minimal.” The Middle East’s strategic location makes it a vital artery for global trade. Any disruption in its shipping lanes, Farah warned, can trigger severe economic consequences. The recent Red Sea incident caused freight prices to spike, but the greater threat lies in potential strikes