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Evercoach’s Ajit Nawalkha on leadership, coaching and the power of inner clarity

Nalwalkha shares the mindset shifts shaping the coaching industry, what truly drives transformation, and why success must start from within

Neesha Salian
Neesha Salian

12 May, 2025

Evercoach’s Ajit Nawalkha on leadership, coaching and the power of inner clarity
Image: Supplied/ Rene Lutterus

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Ajit Nawalkha, co-founder of Mindvalley Coach and the person behind Evercoach, has helped train over 15,000 coaches across the globe — transforming how people define and pursue success.

From his early leadership days in AIESEC to launching transformative coaching programmes and preparing to host the ‘Limitless Immersion’ experience in Dubai, Nawalkha’s work is grounded in purpose, clarity and sustainable personal growth.

In this exclusive interview with Gulf Business, he shares the mindset shifts shaping the coaching industry, what truly drives transformation, and why success must start from within.

Your journey from AIESEC to becoming the face of Mindvalley Coach is inspiring. What early leadership lessons from AIESEC continue to guide you today in how you lead and coach others?

AIESEC is a student volunteer organisation that promotes world peace through understanding. It was also the place where I first discovered what it means to lead — not just manage. And those early lessons have never left me.

The first lesson I learned was that resources matter far less than resourcefulness. When I joined AIESEC, I led a small local chapter in a town with limited visibility and almost no legacy of success. We didn’t have the numbers, the budget, or the infrastructure. But what we had — or rather, what we built — was resourcefulness.

Under my leadership, we went from being one of the least-known chapters globally to becoming the number one local committee worldwide. That transformation didn’t happen because we had more. It happened because we used what we had better. I’ve carried that mindset into every business I’ve built. Tools and funding matter, but never more than creativity, initiative, and intelligent effort.

The second lesson was that leadership isn’t about time — it’s about intensity. In AIESEC, leadership roles turn over every year. You don’t get five years to find your voice. You get 12 months — sometimes less — to build trust, drive impact, and leave a legacy. That environment taught me how quickly leadership can be earned if you lead with clarity, conviction, and heart. It’s a lesson I bring into coaching every day: you don’t need more time to change your life — you need more intention.

Finally, AIESEC showed me the power of consistency over intensity. Many chapters operated in bursts — peaking in summer, fading in winter. We didn’t do that. We chose to be consistent all year round. That consistency — not short-term hype — created real, lasting success. I see the same pattern in coaching and entrepreneurship: the ones who win aren’t always the loudest or the fastest—they’re the ones who keep showing up.

In many ways, AIESEC didn’t just teach me how to lead; it shaped the entire foundation of how I coach, build, and serve.

What do you think makes a transformational coaching programme truly effective?

After working with over 15,000 coaches, I’ve found that true transformation follows structure. I call it the “6 Cs of Transformation”:

  1. Commitment – Creating a strong internal desire for change
  2. Clarity – Setting specific, embodied goals
  3. Courage – Inviting bold decisions
  4. Capability – Equipping clients with real skills
  5. Confidence – Building inner certainty through action
  6. Community – Offering accountability and support

Transformation doesn’t happen by chance — it’s built with intention and supported with the right structure.

In 2015, a personal crisis led you to pivot toward coaching. How did that reshape your understanding of success, and what do you tell others navigating burnout or disillusionment?

In 2015, I looked successful on paper — leading a Dhs100m company — but inside, I was in crisis. My marriage was ending, and I felt disconnected. That’s when I stopped chasing success and started defining it for myself.

Burnout isn’t just about hard work. It’s about spending your life doing things that no longer matter to you or doing what others expect. When someone feels burned out, I ask: Why are you doing what you’re doing — and what is it costing you?

The shift begins not with more effort, but more truth.

With programmes like the Certified Business Coach and Certified Life Coach reaching thousands, what trends are you seeing in the type of coaching people need today versus five years ago?

When we first launched these programmes five years ago, the world was in a very different place. We were navigating the collective uncertainty of Covid-19 lockdowns, isolation, and the emotional weight of an unpredictable future.

At that time, coaching was deeply rooted in personal resilience. People were asking questions like: How do I find mental peace? How do I stay connected in a disconnected world? Life coaching focused on helping individuals manage anxiety, regain inner balance, and rebuild emotional strength.

On the business side, the conversation was all about survival. Entrepreneurs were figuring out how to pivot, launch digital-first businesses, and access financial support to stay afloat. That period sparked a wave of entrepreneurship, but it also created a deep need for guidance — which is where business coaching began to thrive.

Fast forward to today, and the landscape has evolved significantly. Coaching has shifted from being a niche concept to a widely accepted solution. In the West, both life and business coaching are now mainstream. People actively seek out coaches not only during crises but also for growth, clarity, and performance.

We’re also starting to see this trend gain traction in the East, though the pace of adoption is unfolding differently.

Today, coaching is mainstream. People now seek it for growth, performance, and deeper alignment. Two major trends are shaping business coaching today:

  • The rise of AI and tech: Coaches are helping leaders adopt new tools and shift their mindset to stay relevant.
  • Generational change: Younger entrepreneurs are moving away from traditional business models toward impact, intellectual property, and innovation.

In life coaching, themes like mental wellbeing, career change, and relationship clarity are dominant. People want to feel whole, not just successful.

What mindset shifts do you instill in entrepreneurs aiming to build high-impact businesses?

The first shift is that success isn’t about working harder — it’s about thinking clearly. High-impact businesses aren’t built on more hustle, but on alignment between your offer, message, and identity.

Second, identity matters. I ask: Who do you need to become to lead the business you envision? Transformation starts by upgrading skills, habits, and beliefs.

Lastly, I teach the power of systems and simplicity. Most businesses fail not from lack of money but from founder fatigue. Simpler, smarter systems protect energy and focus.

For someone ready to transform their life, what one powerful practice would you recommend?

One of the most significant mindset shifts I teach is this: You don’t build a high-impact business by working harder; you build it by thinking clearly.

A lot of coaches and entrepreneurs come into this work overwhelmed. They believe success is just beyond more effort, more content, more clients, and more tools. While all of that helps at the beginning, it stops working when you’re trying to scale. High-impact businesses aren’t built through more work—they’re built through more alignment.

When your offer, message, and method of working align with who you truly are, you no longer have to fight for momentum. You create pull, not push.

The second major mindset shift is around identity. Most people try to build the business they want without becoming the person who can lead it. So I help them bridge that gap by asking: Who do you need to become to build the business you envision?
True transformation begins when you see clearly which skills, habits, and beliefs you need to upgrade.

Third, I emphasise the power of systems and simplicity. Businesses don’t fail because they run out of money — they fail because business owners run out of energy. Rene Lutterus They burn out doing the wrong things. They get exhausted running without the right systems — or without any systems at all.

Most of us are buried in noise. We listen to everyone around us — about everything. But the people who create the life they truly want are the ones who know what that life looks like. They’ve learned how to tune out the noise and tune into their signal.

In both business and life, we’re surrounded by a constant stream of opinions, strategies, trends, and expectations. Everyone’s telling you what you should do, how fast you should move, and what success is supposed to look like.

But noise doesn’t create clarity — it creates confusion, comparison, and burnout.

What does create transformation is your signal: that quiet, grounded voice inside you that actually knows what matters most.

Tune out the noise and listen to your own signal. We’re constantly told what success should look like, but clarity comes from within.

I recommend setting aside 15 minutes to answer:

  • Who am I beyond work and title?
  • What do I want beyond money and recognition?
  • What does my perfect day and life look like?

Clarity is your most underused advantage. Act from your signal, not the noise — and that’s where transformation begins.

Tell us about your upcoming programme in Dubai.

Limitless Immersion is a three-day live experience in Dubai from May 23-25 . It’s for entrepreneurs who feel stuck — not because of external strategy, but internal limitations.

This experience helps you confront the identity holding your business back and step into the version of yourself that’s ready for the next level. Most people try to scale by doing more. Limitless flips that — you scale by becoming more.

We help leaders recalibrate, shed old beliefs, and grow from the inside out. Because your business can only grow to the extent that you do.

US, China agree to slash tariffs in bid to end trade war

The world’s two largest economies said they would suspend most of the punitive tariffs that have battered global trade flows

Gareth van Zyl
Gareth van Zyl

12 May, 2025

US, China agree to slash tariffs in bid to end trade war
Earlier this year, US President Donald Trump implemented wide-ranging tariffs. (Credit: Getty Images)

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The US and China have agreed to a sweeping reduction in tariffs on each other’s goods, marking a major de-escalation in a trade war that has roiled global markets and strained bilateral ties.

In a joint announcement on Monday following two days of high-stakes negotiations in Geneva, Switzerland the world’s two largest economies said they would suspend most of the punitive tariffs that have battered trade flows since the re-election of Donald Trump as US president.

The deal includes a 90-day pause on further measures and sees reciprocal tariffs lowered from 125 per cent to 10 per cent — a cut of 115 percentage points. US Treasury Secretary Scott Bessent confirmed the agreement.

Tariffs related to fentanyl and other targeted restrictions will remain in place, but the broad rollback represents the most significant thaw in US-China trade relations since the start of the Trump administration’s second term.

The two sides, in a joint statement, said they “will establish a mechanism to continue discussions about economic and trade relations,”

The breakthrough follows months of rising tensions, during which Washington imposed tariffs as high as 145 per cent on Chinese goods, prompting Beijing to retaliate with matching 125 per cent duties. The tit-for-tat measures had sharply curtailed bilateral trade, triggered inflationary pressures in the US, and disrupted China’s export-driven economy.

Read more: Trump’s tariffs on every country, including the UAE, Saudi

Dubai traffic: New project to reduce travel time from 104 minutes to just 16

Spanning 13km, the corridor serves one million residents and major developments, including Dubai Islands, Dubai Waterfront, and Port Rashid

Nida Sohail
Nida Sohail

12 May, 2025

Dubai traffic: New project to reduce travel time from 104 minutes to just 16
Image credit: WAM/Website

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The Roads and Transport Authority (RTA) has inaugurated the final bridge of the Sheikh Rashid Road and Al Mina Street intersection development project.

This milestone marks the completion of all phases of the Al Shindagha Corridor Development Project in Bur Dubai, according to a WAM report.

This achievement ensures uninterrupted traffic flow from Al Garhoud Bridge to Port Rashid via the Infinity Bridge, extending to the Waterfront Market.

Read-New Dhs786m bridge to boost Bur Dubai-Dubai Islands connectivity

Reduction in travel time

The project has significantly reduced travel time along the corridor—from 80 minutes to just 12 minutes. Travel from Jumeirah Street to Infinity Bridge now takes only five minutes, while trips from Infinity Bridge to Al Mina Street and Al Wasl Road at the 2nd December Street intersection also take five minutes.

Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, stated that the project aligns with the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council.

Corridor to serve 1m residents

Spanning 13km, the corridor serves one million residents and major developments, including Dubai Islands, Dubai Waterfront, and Port Rashid.

The project covers Sheikh Rashid Road, Al Mina Street, Al Khaleej Street, and Cairo Street. It includes 15 intersections, 18 km of bridges and tunnels, and increases traffic capacity from 6,400 to 24,000 vehicles per hour. Travel time has been cut from 104 minutes to just 16 minutes, with an estimated economic benefit of Dh45bn over 20 years.

Key constructions in the Shindagha Corridor Development Project

Final bridge at Sheikh Rashid Road and Al Mina Street

This final bridge consists of five bridges totaling 3.1km, with a combined capacity of 19,400 vehicles per hour. It also includes two pedestrian bridges to enhance safety.

Falcon Intersection

Located at the intersection of Khalid Bin Al Waleed Road and Al Mina Street, the Falcon Intersection includes three bridges and a tunnel, with a total capacity of 28,800 vehicles per hour. The development features key bridges along Al Khaleej Street and a tunnel for left-turn traffic from Khalid Bin Al Waleed Road to Al Mina Street.

Infinity Bridge

The Infinity Bridge—a landmark structure with a distinctive arch representing the infinity symbol—spans 295 meters. It provides 12 lanes with a total capacity of 24,000 vehicles per hour. The bridge also includes a 3-metre-wide cycling track and a 75-meter-wide navigation channel for safe vessel passage.

The double-deck route extends from Infinity Bridge to Deira along Al Corniche Street, offering six lanes in each direction. It connects to Al Khaleej Street and integrates with surface roads via signalised intersections.

Bridges to Dubai Islands

Five new bridges have been built to provide direct access to Dubai Islands, with a total capacity of 20,700 vehicles per hour. These ensure smooth connectivity from Al Khaleej Street and the surrounding areas.

Currently 30 per cent complete, a 1,650-meter tunnel will link Infinity Bridge in Deira to Al Khaleej Street and Cairo Street, featuring three lanes in each direction and a capacity of 12,000 vehicles per hour.

In addition, the RTA has launched a project to provide direct access to Dubai Islands from Bur Dubai. A new 1,425-meter bridge will span Dubai Creek, offering four lanes in each direction, a pedestrian and cycling path, and a 75-meter-wide navigation channel for marine traffic.

Digital assets : A look into crypto’s institutional future

The question everyone’s asking: What does the future of digital asset custody look like?

Nida Sohail
Nida Sohail

12 May, 2025

Digital assets : A look into crypto’s institutional future

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In a world where digital assets are maturing beyond speculation into core components of institutional portfolios, a revolutionary partnership is setting the stage for the future of finance. It was in early April when OKX—one of the world’s largest and most liquid crypto exchanges—teamed up with banking powerhouse Standard Chartered and asset management giant Franklin Templeton to unveil a game-changing initiative: a collateral mirroring program that allows institutional clients to securely use crypto and tokenised money market funds as off-exchange collateral.

Read-Standard Chartered, OKX roll out crypto collateral pilot in Dubai

This isn’t just another crypto headline. It’s a seismic shift.

Backed by a Globally Systemically Important Bank (G-SIB), the program signals a fundamental rethinking of digital asset infrastructure. It promises what institutions crave most—security, capital efficiency, and credible custody.

“It’s our vision to be the leading institutional platform not only in the UAE and MENA but across every key market where we operate,” said Hong Fang, President of OKX, from a sleek meeting room overlooking Dubai’s innovation district. “We’re building a platform that’s future-proof—and this program is a cornerstone.”

Solving the custody conundrum

The journey to this innovation wasn’t accidental. For years, institutions have hesitated to dive deep into crypto due to one critical challenge: custody.

“For institutions, counterparty risk is non-negotiable. And they need diversification—not one custodian to rule them all,” Fang emphasised. “That’s why off-exchange custody matters. We’re not here to control the process; we’re here to empower it.”

Enter Standard Chartered, a legacy bank with digital ambition. When its digital assets division was launched in 2022 and officially operational in 2024, few imagined just how quickly it would move.

“We’ve been building custody infrastructure across 50 markets for decades,” explained Waqar Chaudry, Head of Digital Assets, Financing and Securities Services at Standard Chartered. “With crypto now gaining institutional scale, our role became inevitable. This partnership with OKX and Franklin Templeton proves that TradFi and DeFi don’t have to compete—they can integrate.”

Franklin Templeton: The visionaries of tokenisation

While banks and exchanges brought infrastructure, Franklin Templeton brought foresight.

Years before “tokenised real-world assets” became a buzzword, they were quietly building one of the first tokenized money market funds in the world—back in 2019.

“We saw blockchain’s power in managing mortgage-backed securities, and the lightbulb went off,” said Tony Pecore, SVP of Digital Asset Management. “Why stop at mortgage loans? We realized: asset management itself could be reinvented.”

Now, Franklin’s on-chain funds will serve as usable collateral in this program—a feat that brings together decentralized innovation and institutional-grade safety.

The hybrid future of custody

The question everyone’s asking: What does the future of digital asset custody look like?

“It won’t be one-size-fits-all,” Fang predicts. “We see a hybrid model—perhaps 50 per cent with regulated custodians, 30 per cent with exchanges like OKX, and 20 per cent self-custody. People still want convenience. Institutions still want accountability. This model balances both.”

And with OKX Pay—a new integrated payment platform that combines Web2 convenience with Web3 sovereignty—that hybrid vision is already taking shape. Users will soon be able to manage investments, spend crypto, and access self-custody, all from one app.

The $300tn prize

What’s at stake? Only the largest market transformation in modern finance.

“The global custody market spans up to $300tn. Digital assets are just getting started,” Chaudry noted. “Our ambition? To become the world’s largest sub-custodian for digital assets. We already serve over 50 countries—we’re not starting from scratch. We’re scaling.”

This isn’t about crypto anymore. It’s about the future of capital markets, built on blockchains, backed by banks, and secured by visionaries.

Proofpoint’s Sumit Dhawan on why human-centric cybersecurity is key

Dhawan shares details on how Proofpoint is building the only truly adaptive human-centric security platform that protects every individual and secures their data

Neesha Salian
Neesha Salian

12 May, 2025

Proofpoint’s Sumit Dhawan on why human-centric cybersecurity is key
Image: Supplied

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As cyber threats become more human-targeted and AI-driven, Proofpoint is expanding its footprint in the UAE. With local data centres, enhanced threat intelligence, and a growing partner network, the company is aligning closely with the region’s cybersecurity priorities — at a time when 74 per cent of UAE CISOs cite human risk as their top concern.

Here, we speak to CEO Sumit Dhawan about the cybersecurity challenges, opportunities and the way ahead for the company and businesses in the UAE.

What do you see as the biggest cybersecurity challenge for organisations in the UAE, and how is Proofpoint addressing them?

Today’s cyber threats are growing in sophistication. Attackers are no longer simply targeting infrastructure — they’re targeting people. This is the biggest challenge for security leaders in the region, with 74 per cent of UAE CISOs viewing human risk as their biggest cybersecurity concern.

Organisations in the UAE, and globally, are facing multifaceted threats that exploit human vulnerabilities — from business email compromise (BEC) and ransomware to impersonation and supplier-related breaches.

Proofpoint addresses this by protecting the human layer of cybersecurity — the intersection of people, data, and collaboration tools. Human vulnerabilities drive over 80 per cent of breaches, making this the most important layer of defense.

We provide tailored solutions that combine advanced threat detection, data security and governance, automated posture management, and intuitive education tools to reduce risk at scale. Traditional, siloed controls aren’t enough.

Proofpoint is building the only truly adaptive human-centric security platform that protects every individual and secures their data.

You’re announcing significant investments in the UAE. What are you focusing on and how will this help address local cybersecurity needs?

Proofpoint is deeply committed to the Middle East. We’re currently trusted by 50 per cent of the UAE and Saudi Arabia-based companies listed in the Forbes Global 2000.

Two key needs stood out in discussions with customers and government leaders:

  • First, there’s strong demand for cloud-based security paired with data sovereignty — many local businesses need data to remain within national borders.
  • Second, there’s unanimous agreement on the importance of human-centric security as a pillar of next-generation cybersecurity alongside XDR and SASE.

To meet these needs, we launched local data centres in the UAE and Saudi Arabia, offering world-class threat protection with full data sovereignty.

We’ve also expanded our local team, opened a new office, and built a regional partner network of 550 strong.

With the rise of AI and machine learning, what new threats are emerging, and how is AI being used to fight back?

AI has lowered the barriers for attackers. Language models now allow cybercriminals to craft convincing, localised attacks. In 2024, the UAE saw a 29 per cent increase in BEC attacks.

At the same time, AI is revolutionising cyber defense. It enables faster detection, adaptation, and prevention of threats at scale. Proofpoint’s edge lies in our vast human-centric threat data — our AI learns from millions of signals to stay ahead of attackers.

In 2025, we will further integrate AI advancements into our platform, strengthening our lead in proactive, adaptive threat protection.

How is Proofpoint helping businesses protect their data amid regulatory change and growing compliance pressure?

Data is increasingly at risk due to human behaviour and digital sprawl. The rise of generative AI, multi-cloud use, and fragmented collaboration tools make it difficult for businesses to maintain visibility and context.

Proofpoint’s human-centric platform helps unify data security, threat protection, and compliance. Our 2024 acquisition of DSPM leader Normalyze strengthened this capability. With our solutions running through local data centres, businesses in the UAE can ensure compliance while safeguarding critical and personal data.

Proofpoint CEO Sumit Dhawan with Dr Mohammed Al Kuwaiti, head of the UAE Cybersecurity Council/ Image: Supplied

What’s ahead for Proofpoint and how does this align with the UAE’s cybersecurity vision?

In 2025, our focus is clear: to cement our position as the leader in human-centric security and address growing challenges around sophisticated threats, stricter compliance, and fragmented security ecosystems.

We were honoured to host Dr Mohammed Al Kuwaiti, head of the UAE Cybersecurity Council, at our Protect Tour event in Dubai. Proofpoint’s mission is fully aligned with the UAE Cybersecurity Strategy — to build a secure, resilient digital future.

As AI, cybersecurity, and human behavior intersect, that’s where we’re investing and innovating.

Talabat profit soars nearly 4x as groceries drive growth

The strong Q1 performance underscores rising consumer demand for digital convenience and the platform’s ability to diversify beyond restaurant orders

Gareth van Zyl
Gareth van Zyl

12 May, 2025

Talabat profit soars nearly 4x as groceries drive growth
Image credit: Getty Images

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Online food delivery outfit Talabat has kicked off the year with a sharp surge in profitability, reporting a near fourfold increase in net income to $103m for the first quarter of 2025, marking a strong performance in a sector known for tight margins and growing competition.

The Dubai-headquartered company, which operates in eight MENA markets — the UAE, Kuwait, Qatar, Bahrain, Oman, Egypt, Jordan and Iraq — now serves over 6.5 million active users.

The strong Q1 performance underscores rising consumer demand for digital convenience and the platform’s ability to diversify beyond restaurant orders.

Gross merchandise value (GMV) climbed 30 per cent year-on-year to $2.1bn in the quarter to March. Revenue rose 34 per cent to $846m, and adjusted EBITDA — a key profitability measure — was also up 34 per cent to $140m, representing a margin of 6.7 per cent.

Adjusted net income, which excludes volatile items such as foreign exchange effects and shareholder loan interest, came in at $99m — up 24 per cent from a year ago. This figure provides a cleaner picture of core operational performance and is particularly relevant in a sector where bottom-line results can be distorted by swings in currency or one-off costs.

CEO Tomaso Rodriguez attributed the growth to deepening customer loyalty, a broader product mix, and regional scale.

“Our Groceries and Retail vertical contributed approximately one-third of GMV when including InstaShop for the full quarter,” he said.

Read more: UAE’s talabat completes acquisition of instashop for $32m

“This reinforces the opportunity in scaling this vertical further.”

While Talabat’s food delivery segment remains strong — especially across its core GCC markets — it is the grocery and convenience segment that is seeing faster growth. Non-GCC markets such as Egypt, Jordan and Iraq are gaining share, driven by rising order frequency and the rollout of subscription service talabat pro.

In February, Talabat finalised its acquisition of InstaShop, a leading grocery delivery marketplace. The company expects to realise “meaningful cost synergies” from the integration over the coming quarters.

Adjusted free cash flow rose 39 per cent to $135m, with a cash conversion ratio of 96 per cent — underscoring the operational leverage in the business.

Talabat’s Q1 2025 results are its first full quarterly report since listing on the Dubai Financial Market (DFM) in December 2024.

Talabat’s initial public offering (IPO) was the largest in the GCC in 2024 and the largest technology sector IPO globally last year. Upon listing, the company pegged its market capitalisation at around $10bn, but as of 9 May 2025 that figure was around $8.75bn.

Read more: Talabat plunges over 7.5% in Dubai trading debut after $2bn IPO

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