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How Emirati entrepreneurs are shaping the UAE’s next wave of investment

Commercial brokerage is no longer about transactions — it’s about transformation

Rajiv Pillai
Rajiv Pillai

10 October, 2025

How Emirati entrepreneurs are shaping the UAE’s next wave of investment
Maha Al Shamsi, co-founder of MSKD Global/Image: Supplied

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A new generation of Emirati entrepreneurs is reshaping how global capital meets local opportunity. Among them is Maha Al Shamsi, co-founder of MSKD Global, a firm redefining commercial brokerage through strategic alignment, cross-border expertise, and a deep understanding of the UAE’s economic vision.

For Al Shamsi, commercial brokerage is no longer about transactions — it’s about transformation. “Commercial brokerage is no longer about simply connecting buyers and sellers; it has evolved into a strategic advisory role that requires deep knowledge of global capital flows, regulatory frameworks, and local market opportunities,” she says. “As the UAE continues to attract unprecedented levels of foreign investment, brokers must act as trusted partners who can align investors with the right structures, secure regulatory clarity, and ensure seamless market entry.”

Al Shamsi describes the changing role of brokers as a reflection of the UAE’s own economic maturity. Once viewed as middlemen, today’s leading brokers are becoming “investment architects,” building bridges between institutional investors and national priorities.

“The future of brokerage here is about value creation, long-term partnerships, and enabling investors to scale with confidence in a rapidly growing economy,” she explains. “The UAE is transforming into one of the world’s most dynamic investment gateways.”

This evolution mirrors the UAE’s broader diversification agenda under Vision 2030, which is attracting record foreign direct investment across technology, clean energy, logistics, and advanced manufacturing. In this context, Al Shamsi and her team at MSKD Global have positioned their firm as both connector and curator — guiding capital toward opportunities that drive sustainable growth.

Access and alignment: the MSKD Global model

MSKD Global operates on two defining pillars: access and alignment. “We bring together international investors with sovereign wealth funds, private equity players, and family offices by leveraging our on-ground networks and credibility in the UAE,” Al Shamsi says. “But beyond introductions, we focus on structuring partnerships that are Sharia compliant, regulatory sound, and strategically aligned with the UAE’s long-term economic vision.”

For Al Shamsi, this distinction is critical. The firm’s goal isn’t simply to close deals but to ensure that investments align with both market demand and policy direction. “Our role is not transactional; it is about curating opportunities that balance investor appetite with the UAE’s diversification strategy. That is why we see ourselves as bridge builders between global capital and national priorities.”

In practice, that means MSKD Global facilitates everything from large-scale real estate transactions to cross-border investment partnerships that align with the UAE’s key growth sectors. The firm’s network spans global private equity funds, sovereign investors, and regional conglomerates seeking to enter or expand in the GCC.

As one of the UAE’s emerging voices in cross-border investment, Al Shamsi has also become a symbol of the growing influence of Emirati women in high-stakes commercial ventures.

“My journey has been about breaking perceptions and setting new standards,” she says. “Navigating high-stakes projects requires resilience, clarity, and the ability to lead through uncertainty. As an Emirati woman, I believe we are redefining leadership by bringing empathy, adaptability, and long-term vision into the business ecosystem.”

Read: Celebrating Emirati achievers and role models

Her perspective reflects a broader shift in the UAE, where women are leading in government, finance, and entrepreneurship at unprecedented levels. “Women today are not only participating but actively shaping investment flows, policies, and industries. In the UAE, leadership is no longer about gender; it is about results, integrity, and the ability to deliver impact globally.”

Where global appetite meets national ambition

The UAE’s economic transformation has turned it into a magnet for institutional capital. According to Al Shamsi, the most significant investor interest is now flowing into sectors aligned with the country’s long-term economic resilience and innovation goals.

“We are seeing strong momentum in sectors aligned with UAE Vision 2030 and beyond: technology, fintech, and AI-driven industries are attracting major institutional capital, while healthcare, renewable energy, and advanced manufacturing are high on the agenda for sovereign wealth funds,” she explains.

“Real estate continues to remain a cornerstone of investor appetite, particularly luxury and hospitality, but the real growth is in strategic industries that support national resilience such as food security, logistics, and energy transition projects.”

This combination of diversification and stability continues to position the UAE as one of the most competitive investment destinations globally — with Al Shamsi and her peers helping shape how capital is deployed to support those ambitions.

While capital attraction is vital, Al Shamsi emphasizes that trust remains the foundation of sustainable investment. “Government partnerships are fundamental,” she says. “The UAE has built its reputation as an investment hub by ensuring regulatory clarity, transparent frameworks, and investor-friendly policies.”

She points to free zones such as ADGM and DIFC as “strong examples of how regulatory innovation instills confidence.” “Government partnerships also ensure that investors feel aligned with the country’s long-term strategy, whether in energy, technology, or infrastructure. Trust is the currency of investment, and the UAE government has been exemplary in fostering that trust globally.”

Innovation in brokerage comes with its own set of challenges, particularly when dealing with international investors accustomed to fast deal cycles. “Innovation in brokerage often comes with the challenge of bridging different expectations,” Al Shamsi notes. “Global investors demand speed, while local markets prioritize regulatory compliance and relationship building.”

To address this, MSKD Global has built a model that blends agility with accountability. “We invested in knowledge, credibility, and a strong ecosystem of legal, financial, and government partners. This allows us to anticipate challenges, mitigate risks, and structure deals that can withstand market volatility.”

Such resilience, she adds, is key to operating in a region where opportunities move quickly, but trust and governance remain paramount.

At the core of MSKD Global’s culture are the leadership principles that guide Al Shamsi’s own approach to business. “My leadership is guided by three principles: integrity, empowerment, and adaptability,” she says. “I believe in empowering my team to take ownership of outcomes while ensuring we never compromise on trust and transparency.”

Balancing that empowerment with the demands of global investors requires clarity and accountability. “Global investors expect precision, speed, and results. Balancing both requires setting clear standards, ensuring accountability, and fostering an environment where people are motivated to innovate while still aligned with investor expectations.”

The UAE’s next chapter in global finance

Looking ahead, Al Shamsi envisions a decisive shift in the UAE’s position in global finance. “The UAE is no longer just a regional hub; it is positioning itself as a global capital markets player,” she says. “With ADX, ADGM, and DIFC offering platforms for IPOs, fund domiciliation, and capital raising, the UAE will continue to attract both institutional and private capital.”

MSKD Global’s ambition, she adds, is to sit at the centre of that evolution. “Our mission is to not only broker opportunities but to build long-term bridges that anchor the UAE as a cornerstone of global capital flows. We want to remain a trusted partner to investors seeking entry, expansion, and scale in this market.”

As the UAE’s capital markets continue to expand in depth and sophistication, leaders like Maha Al Shamsi embody the country’s next chapter: one defined not by transactions, but by transformation, trust, and long-term impact.

UAE residents show highest trust in AI among global respondents

The research positions the UAE as a regional benchmark for responsible AI use

Rajiv Pillai
Rajiv Pillai

09 October, 2025

UAE residents show highest trust in AI among global respondents
Matin Jouzdani, partner, Data, Analytics and AI at KPMG Lower Gulf/Image: Supplied

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The UAE is emerging as a global leader in artificial intelligence literacy and adoption, with residents demonstrating higher engagement and confidence in AI than the global average, according to KPMG’s Trust in Artificial Intelligence Insights report.

The study, conducted by the University of Melbourne in collaboration with KPMG International, found that 97 per cent of UAE respondents use AI for work, study, or personal purposes — significantly ahead of global peers. Moreover, 89 per cent said they are already experiencing the benefits of AI, compared with 83 per cent globally, while two-thirds (66 per cent) confirmed that their organization has a generative AI policy in place, underscoring the UAE’s rapid institutional adoption.

The research positions the UAE as a regional benchmark for responsible AI use. Sixty-five per cent of respondents said they would rely on AI-generated information, and more than half (53 per cent) believed that the technology’s benefits outweigh its risks.

At the same time, the study reflects growing awareness of the importance of regulation and trust in AI systems. While 68 per cent of UAE respondents felt current laws are adequate for safe AI use — far above the global average of 43 per cent — many called for tighter safeguards, especially against misinformation. Nearly three-quarters (73 per cent) said they were cautious about online content due to AI use, and 36 per cent were uncertain about identifying AI-generated misinformation.

Matin Jouzdani, partner, Data, Analytics and AI at KPMG Lower Gulf, said: “AI is rapidly changing the way we live and work. Our research reinforces an overwhelming acceptance of AI in the UAE, but there is also strong public support for appropriate AI regulation. As organisations in the UAE are rapidly deploying AI, it is imperative that they consider the structures necessary to ensure transparency, accountability, and ethical oversight. By implementing a strategy that combines AI training and literacy alongside responsible AI governance frameworks, organizations will be able to confidently capture the benefits of AI in a way that doesn’t slow down innovation.”

The report also found that 84 per cent of UAE respondents would be more willing to trust AI systems if assured of their ethical use, while 86 per cent agreed that news and social media platforms should clearly indicate when content is AI-generated. Respondents expressed the most trust in universities, healthcare institutions, and government bodies to develop and deploy AI responsibly.

Amazon UAE launches citywide packaging recycling programme across Dubai

This programme expands on Amazon’s broader sustainability measures, which include the use of machine learning models to optimise packaging size and reduce excess materials, as well as initiatives like Ships in Product Packaging that eliminate the need for additional delivery boxes

Rajiv Pillai
Rajiv Pillai

09 October, 2025

Amazon UAE launches citywide packaging recycling programme across Dubai
Image: Supplied

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Amazon UAE has launched a new recycling initiative aimed at helping customers across Dubai recycle packaging materials from their Amazon.ae deliveries more easily. Developed in collaboration with Enviroserve, a Dubai Municipality and Ministry of Environment-certified recycling partner, the programme establishes over 150 recycling drop-off points across the city.

Aligned with the UAE’s Green Agenda 2030 and Amazon’s commitment to reach net-zero carbon across its operations by 2040 under the Climate Pledge, the initiative enables customers to recycle all types of Amazon packaging materials — including cardboard boxes, plastic mailers, bubble-lined envelopes, and packing paper — at designated locations.

Customers can locate their nearest drop-off point by scanning a QR code printed on their Amazon.ae package, directing them to the Amazon Second Chance page. The page serves as the central hub for recycling guidance, offering instructions on packaging recycling, electronic waste disposal, and end-of-life programmes for products. The initiative supports circular economy goals by keeping materials in use and reducing landfill waste.

Drop-off stations have been strategically placed in residential and commercial areas across Dubai, with additional recycling infrastructure installed in community villas and townhouse developments to improve accessibility.

Read: Amazon’s Rayan Karaky on how retail media 3.0 is transforming advertising in MENA

Prashant Saran, director of operations, Amazon Middle East, Africa and Turkey, said, “This programme makes it easier for customers to recycle packaging while supporting the UAE’s sustainability goals. By pioneering this service in the UAE, we are creating the necessary infrastructure for more responsible practices in the UAE. Collaborating with Enviroserve helps process recycled materials efficiently, diverting packaging material from landfill and keeping it in use.”

Shashidhar Y S, board member and managing director at Enviroserve added, “Working with Amazon, we are making recycling more accessible to communities while supporting the UAE’s Green Agenda 2030. By ensuring packaging materials are responsibly collected and processed, we are helping to keep valuable resources in circulation and prevent landfill waste.”

This programme expands on Amazon’s broader sustainability measures, which include the use of machine learning models to optimise packaging size and reduce excess materials, as well as initiatives like Ships in Product Packaging that eliminate the need for additional delivery boxes.

By partnering with certified recyclers such as Enviroserve and creating an accessible network of community drop-off points, Amazon is advancing responsible waste management and reinforcing its long-term commitment to reducing packaging waste across its operations.

Saif Bin Darwish acquires UAE’s largest precast concrete manufacturer

The combined expertise will enhance the group’s ability to deliver complex, large-scale projects with greater efficiency and quality

Gulf Business
Gulf Business

09 October, 2025

Saif Bin Darwish acquires UAE’s largest precast concrete manufacturer

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Saif Bin Darwish, one of the UAE’s leading construction and contracting firms, has acquired Gulf Precast, the nation’s largest precast concrete manufacturer.

The acquisition marks a strategic step toward integrating Saif Bin Darwish’s extensive experience in infrastructure projects—including roads, bridges, airports, and tunnels—with Gulf Precast’s advanced concrete manufacturing capabilities. The combined expertise will enhance the group’s ability to deliver complex, large-scale projects with greater efficiency and quality.

Read: Asian Paints launches world’s first internal curing concrete additive in UAE

Founded in 1982, Gulf Precast operates six factories across Dubai and Abu Dhabi with a daily production capacity of up to 1,500 cubic metres. The company has contributed to numerous residential, commercial, and infrastructure developments within the UAE and abroad, earning multiple awards for its work.

With this move, Saif Bin Darwish reinforces its commitment to supporting the UAE’s long-term vision for sustainable infrastructure development while strengthening its position as a leading force in the region’s construction sector.

Not just for traders: How Ultima Chain is bringing blockchain to the people

Where many blockchains prioritise complexity and speculation, Ultima Chain focuses on real-world utility, simplicity, and inclusiveness

Gulf Business
Gulf Business

09 October, 2025

Not just for traders: How Ultima Chain is bringing blockchain to the people
Image credit: Supplied

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In a significant milestone for blockchain innovation, Ultima Chain, the next-generation blockchain platform, has been named Disruptive Company of the Year at the prestigious Gulf Business Awards 2025. The recognition marks a powerful endorsement of the company’s mission to bring blockchain into daily life, and not just the hands of traders and developers.

“Yeah, this is very meaningful for us because with this technology we are pretty young, and to get this award means absolutely, yeah, very big recognition for us,” said Alex Reinhardt, founder and CEO of Ultima Chain. “It will create a very big impulse also in our community, in our company, and with our product. So we are very happy about this.”

Read more-How blockchain can overcome barriers, unlock growth in Islamic finance

While the recognition came as a surprise, Reinhardt believes the company’s aggressive growth and youthful energy likely influenced the decision.

“This was a very hard competition, and this was a pretty big surprise today,” he said. “I think because maybe we are young, we are very aggressive, we are very high growing, and maybe it was a key factor of the decision. But we are very, very happy about your decision.”

To fellow entrepreneurs aiming to make their mark, Reinhardt had one core message:

“Guys, never give up. Just follow your dream, follow your vision, go step by step to your goals. And we are pretty young technology in the market. And if we can achieve this, you can achieve it too. So just keep going, keep doing everything; all will be fine, you will win.”

What Is Ultima Chain?

Ultima Chain is a next-generation blockchain designed to integrate cryptocurrency into everyday life. Where many blockchains prioritise complexity and speculation, Ultima Chain focuses on real-world utility, simplicity, and inclusiveness.

“Ultima Chain is a next-generation blockchain built to bring crypto into everyday life,” said Reinhardt. “While many blockchains focus on speculation and complexity, Ultima Chain focuses on real utility, scalability, and accessibility.”

One of the standout capabilities of Ultima Chain is its ability to process thousands of transactions per second with very low fees, making it suitable for both individuals and businesses.

But the real differentiator, according to Reinhardt, is simplicity.

“You don’t need to be a developer or an investor to participate. Anyone can join, and benefit from the ecosystem.”

Ultima Chain blends decentralisation, security, and environmental sustainability through an energy-efficient consensus model.

“It’s built to be inclusive and environmentally friendly, using an energy-efficient consensus that supports mass adoption,” Reinhardt explained. “In short, Ultima Chain is a blockchain for people, not just for the tech world, fast, human-centered, and ready for the real economy.”

Fast, reliable, and easy transactions

The technology behind Ultima Chain is built with speed and user-friendliness at its core. It runs on an advanced Delegated Proof-of-Stake mechanism, generating blocks within seconds.

“Ultima Chain’s technology is built to make blockchain transactions feel effortless,” Reinhardt said. “The network runs on an advanced Delegated Proof-of-Stake mechanism that creates new blocks in just a few seconds. This makes transfers almost instant and highly reliable, even under heavy network load.”

To further enhance user experience, the platform includes tools like Fee Protector, designed to minimize and stabilise fees.

“While every transaction includes a small network fee, Ultima Chain introduces an additional layer of convenience through special tools like Fee Protector, which helps minimize and stabilize these costs for users.”

Designed with a mobile-first mindset, the interface is tailored for simplicity:

“Everything else happens automatically. The interface is clean, intuitive, and optimized for mobile devices, because we believe the future of blockchain is mobile-first.”

Ultima Chain’s goal is to make sending digital assets as easy as sending a message.

“Our mission is to make sending tokens on Ultima Chain as easy as sending a text message. The blockchain operates quietly in the background while users experience what really matters, fast, borderless transactions with complete control and security.”

UWallet and UCard: Bringing blockchain to the real world

Two cornerstone products of the Ultima Chain ecosystem, UWallet and UCard, are central to bridging blockchain technology with everyday utility.

“UWallet and UCard are the bridge between blockchain and the real economy. They turn digital technology into something people can use every day,” Reinhardt said.

UWallet is a secure application allowing users to store, send, and manage digital assets while accessing built-in features like splitting rewards.

“UWallet is a secure and easy-to-use application that allows users to store, send, and manage their digital assets. It also gives access to Ultima Chain’s reward features like splitting, so users can get profit directly from within the app without any technical knowledge.”

UCard, on the other hand, enables crypto-to-fiat transactions for both online and offline use.

“UCard extends that experience into the real world. It’s a crypto-to-fiat payment card that allows users to spend their digital assets at millions of locations, both online and offline. When a user pays, the conversion from crypto to local currency happens instantly, so the process feels just like using any regular card.”

Together, these tools offer a comprehensive lifestyle experience, not just a trading platform.

“With UWallet and UCard, users can truly live in the crypto economy every single day.”

The splitting feature: Everyday rewards without complexity

Ultima Chain’s “splitting” feature is one of its most accessible and innovative offerings, allowing users to earn rewards without engaging in trading or mining.

“Splitting is one of Ultima Chain’s most innovative technologies, a simple, transparent, and sustainable way for users to get rewards without trading, mining, or technical complexity,” Reinhardt said.

How it works:

  • Users freeze their tokens for a selected duration
  • This contributes to the network’s stability and liquidity
  • Users receive daily bonuses from a dedicated reward pool
  • Rewards are manually claimable anytime via UWallet

“All participants who take part in splitting are rewarded from a dedicated reward pool, which distributes daily bonuses proportionally among active users. These rewards can be claimed manually at any time through UWallet, giving users full control over when and how they collect their benefits.”

The key appeal is accessibility:

“Even a small contribution matters and helps users steadily grow their digital capital while supporting the entire ecosystem.”

Reinhardt reinforced the broader mission:

“Ultimately, splitting reflects our vision of blockchain as a technology that creates real, transparent value, simple, fair, community-driven, and built for people.”

What’s next for Ultima Chain?

With momentum from the Gulf Business Award, Ultima Chain is gearing up for the next phase: large-scale adoption.

“The coming year will be a turning point for Ultima Chain as we move from innovation to large-scale adoption. Our vision is to make Ultima Chain the backbone of a new, open ecosystem that is accessible to everyone,” said Reinhardt.

Key strategic initiatives ahead:

  • Global fintech partnerships
  • Merchant and service provider integrations for payments, rewards, and settlements
  • NFT platform and marketplace
  • Support for multiple coins/tokens within UWallet
  • UCN token integration with UCard
  • Advanced security upgrades and broader blockchain integrations

Ultima Chain is also prioritising education and community building through developer training, events, and ambassador programs.

“We want to empower developers, entrepreneurs, and everyday users to grow with us, through training, events, and ambassador programs that make blockchain knowledge accessible to all,” Reinhardt said.

In closing, he reinforced the company’s broader mission:

“In the long run, Ultima Chain is more than just technology, it’s a movement toward a new digital economy that values transparency, inclusivity, and independence. We believe the future of blockchain belongs to projects that solve real problems and give people real power. That’s exactly what Ultima Chain is built to do.”

AI-generated errors force Deloitte to repay part of Australian government contract

The revised version of the report includes a disclosure that a generative AI language system, Azure OpenAI, was used in its creation

Rajiv Pillai
Rajiv Pillai

09 October, 2025

AI-generated errors force Deloitte to repay part of Australian government contract
Image: Pexels

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Deloitte Australia will refund part of the 440,000 Australian dollars ($290,000) it received from the Australian government for a report found to contain apparent AI-generated errors, including a fabricated quote from a federal court judgment and references to non-existent academic papers.

The report, prepared for the Department of Employment and Workplace Relations, was first published on the department’s website in July. A revised version was released on Friday after Chris Rudge, a Sydney University researcher specialising in health and welfare law, alerted the media that the document was “full of fabricated references.”

After reviewing the 237-page report, Deloitte “confirmed some footnotes and references were incorrect,” the department said in a statement issued Tuesday.

“Deloitte had agreed to repay the final installment under its contract,” the department added, noting that the amount will be disclosed once the refund is processed.

The revised version of the report includes a disclosure that a generative AI language system, Azure OpenAI, was used in its creation. It also removes the fabricated quotes attributed to a federal court judge and references to nonexistent reports attributed to law and software engineering experts. Deloitte noted in a “Report Update” section that the updated version, dated September 26, replaced the report published in July.

In response to questions about the report’s inaccuracies, Deloitte told The Associated Press that the “matter has been resolved directly with the client.” The firm did not comment on whether artificial intelligence was used in preparing the original report.

The incident highlights the growing challenge of “hallucination,” a term used to describe the tendency of generative AI systems to produce false or fabricated information.

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