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From Dubai to the world: Jetex’s next stage of expansion

Growing from a single terminal in Dubai to a network of almost 40 global locations, Jetex CEO and founder Adel Mardini is now steering the company into its most ambitious phase yet

Gareth van Zyl
Gareth van Zyl

22 September, 2025

From Dubai to the world: Jetex’s next stage of expansion
Adel Mardini, founder and CEO of private aviation firm Jetex.

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Adel Mardini’s voice is calm, measured, but his plans are anything but modest.

“In 2025, we are entering the next level of our expansion,” says the founder and CEO of private aviation firm Jetex, speaking to Gulf Business in the company’s flagship VIP terminal at Dubai’s Al Maktoum International Airport (DWC).

“We are looking at a much larger global footprint, deeper infrastructure investment, and new technology in every part of the customer journey.”
Jetex today operates 37 locations worldwide, but by the end of next year this figure will grow to 75 locations.

This comes amid a changing passenger profile. Before Covid-19, Jetex’s typical private jet passengers were ultra-high-net-worth individuals from sectors like oil and gas, alongside government officials — most aged between 50 and 80.

Since the pandemic, that profile has shifted. Today, the average passenger is between 25 and 55, with a growing presence from the crypto, fashion, tech, and celebrity worlds. Many have migrated from first and business class on commercial airlines into private aviation, attracted by the speed and privacy.

Added to this, new deals, including partnerships in Asia and Latin America, have created footholds in markets traditionally dominated by local operators.

Mardini’s backstory has been told before, but it still underscores the drive behind Jetex’s expansion.

Born in Damascus, Syria, he moved to Dubai in the early 2000s, starting Jetex in 2005 with a single location. The vision was always global.

“I saw that business aviation needed more than just technical support: it needed hospitality, branding, and a consistent global experience,” he recalls.

From those early days, Jetex expanded cautiously, prioritising brand standards over speed.

“I’ve seen companies grow too fast and lose control. We’ve grown with a clear plan, and that’s why we can now accelerate.”

Saudi Arabia and the Red Sea

At the heart of Jetex’s next stage is Saudi Arabia. The kingdom’s tourism and aviation ambitions align closely with Jetex’s high-end service model. The Red Sea Project, a vast luxury tourism development on the west coast, is an early win.

Jetex is set to be the exclusive FBO (fixed-base operator) provider for Red Sea International Airport.

“That means we’ll be there from the very first flight, shaping the experience for every VIP and private passenger who arrives.”

This presence will extend beyond the Red Sea. Jetex is actively evaluating opportunities in Riyadh, Jeddah, and NEOM, positioning itself to capture a growing share of the kingdom’s private aviation market.

“Saudi Arabia is investing heavily in infrastructure and tourism. The private jet sector will naturally follow,” he says.

Operationally, Jetex’s Saudi facilities will mirror its Dubai flagship, with lounges, crew rest areas, concierge services, and on-site customs clearance.

“Our model is to replicate the same feel everywhere,” Mardini explains. “If you land in the Red Sea or Riyadh, it must feel like Jetex Dubai.”

Asia and beyond

While Saudi Arabia is a major focus, Mardini is equally bullish on Asia.

“Markets like Indonesia, Thailand, and Vietnam are at the start of their private aviation journey,” he says.

“There’s huge potential to build the infrastructure before demand spikes.”

Negotiations are under way for new facilities in Southeast Asia. Southeast Asia’s business jet market is forecast to grow at a compound annual rate of approximately 15.5 per cent between 2025 and 2030, according to Mordor Intelligence.

In parallel, Jetex is exploring secondary markets in Africa and Latin America, where business aviation demand is growing faster than commercial aviation capacity.

“These markets are fragmented, but that’s an opportunity,” Mardini says. “Our brand stands out immediately.”

Sustainability in the Skies

For Mardini, expansion isn’t just about geography.

“The future of our business also depends on sustainable aviation,” he says. “We’re investing heavily in SAF (sustainable aviation fuel) availability across our network.”

Jetex was one of the first private aviation companies in the UAE to make SAF available at scale, and Mardini sees adoption accelerating.

“We’re talking to aircraft manufacturers, operators, and fuel suppliers to ensure SAF becomes standard, not optional.

The UAE is a natural leader in this space: it’s committed to innovation, and the infrastructure is already here.”

He is candid about the challenges: cost, availability, and certification processes still hinder widespread use.

“But the demand from our clients is growing. Many are corporate customers who have their own net-zero commitments. They expect us to provide the fuel options that help them deliver on those goals.”

The eVTOL era

One of Jetex’s most forward-looking moves is its partnership with Joby Aviation and Archer in the eVTOL (electric vertical take-off and landing) sector.

“This is the future of short-range passenger transport,” Mardini says.

“We’ll be their infrastructure partner on the ground, making sure the client journey is seamless.”

The vision is ambitious: a passenger could board an eVTOL in a city centre, fly directly to a Jetex terminal, and connect to a private jet within minutes.
On arrival, the process works in reverse.

“We’ll handle everything — passenger greeting, luggage, security, and handover between eVTOL and jet,” Mardini explains.

Test flights in the UAE took place in recent months, with Dubai and Abu Dhabi identified as early launch sites.

“It’s not just about being part of the eVTOL story,” Mardini says.

“It’s about redefining what ‘door-to-door’ travel means for our clients.”

Operational Edge

Behind the luxury lounges and polished service is a highly tuned operational machine.

Jetex’s global network is supported by centralised flight operations in Dubai, where a 24/7 team coordinates everything from flight plans to ground handling.

“From the moment a client calls, our system kicks in,” Mardini says.

“We can arrange permits, fuel, catering, crew rest — everything — anywhere in the world within hours.”

This speed is backed by investment in technology. Jetex’s proprietary platform tracks flights, crew schedules, and fuel supply in real time, allowing for rapid adjustments if weather, traffic, or client needs change.

“Technology is not replacing our people,” Mardini stresses.

“It’s making them faster and more accurate.”

Looking ahead

The next five years will test Jetex’s ability to scale without compromising its high-touch service model. For Mardini, that balance is the point.
“If we can grow and still have our customers feel like we’re their personal aviation team, then we’ve succeeded,” he says.

With a dedicated focus on expansion, Jetex’s growth is not slowing.

“We’ve built a foundation,” Mardini says.

“Now it’s time to build the future.”


Read the full cover article in the latest edition of Gulf Business Leaders:

GCC food consumption to hit 55.5 million metric tonnes by 2029, shows report

Food consumption in the GCC is projected to grow on the back of demographic expansion, rising spending power and burgeoning tourism activity

Neesha Salian
Neesha Salian

22 September, 2025

GCC food consumption to hit 55.5 million metric tonnes by 2029, shows report
Image: Getty Images/ For illustrative purposes

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The Gulf Cooperation Council’s (GCC) food consumption is forecast to grow by 4.6 million metric tonnes (MT) to 55.5 million MT by 2029, according to Alpen Capital’s latest GCC food industry report.

The UAE-based investment banking advisory firm said growth will be driven by demographic expansion, higher spending power, and rising tourism activity, but noted that changing consumer preferences, greater nutritional awareness and healthier eating habits will alter the mix of categories consumed.

“Food consumption in the GCC is projected to grow on the back of demographic expansion, rising spending power and burgeoning tourism activity,” said Sameena Ahmad, MD, Alpen Capital. “While food security remains a priority, governments are seeking to reduce reliance on imports by investing in technologies such as vertical farming, hydroponics, and smart agriculture to build a more resilient food ecosystem.”

Key GCC food trends showcased

The report highlighted growing demand for convenience and tech-enabled services such as online food delivery, health apps, and cloud kitchens.

“Demand for healthier, fresh, and nutrient-rich foods, including organic and clean-label options is driving investment and innovation across the GCC’s food sector,” said Sharmin Karanjia, ED, Alpen Capital. “As margin pressures mount and technology reshapes consumer engagement, we expect further consolidation in high-growth areas such as agritech, digital F&B, and smart supply.”

The report, launched over a webinar, also featured a panel discussion with industry leaders including Kenneth D’Costa, MD of Barakat Group, Garry Walsh, CEO and strategic advisor, Somit Banerjee, head of Trading at Al Khaleej Sugar Co and Rajan Gupta, MD at Alpen Capital.

AD Ports Group breaks ground on Luanda terminal modernisation project

Once completed in Q1 2027, the terminal will increase container capacity from 25,000 TEUs to 350,000 TEUs, while Ro-Ro volumes are expected to exceed 40,000 vehicles

Neesha Salian
Neesha Salian

22 September, 2025

AD Ports Group breaks ground on Luanda terminal modernisation project
Image: Supplied

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AD Ports Group in partnership with Unicargas and Multiparques, has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the start of a major modernisation and expansion project in Angola.

The project involves an initial investment of $250m over the first three years, with total investment expected to reach up to $380m over the 20-year concession period, extendable until 2055.

Construction will span 18 months and aims to deliver state-of-the-art infrastructure, advanced technology, and sustainable equipment, positioning the Port of Luanda as one of the most competitive in Central and West Africa.

AD Ports Group holds majority stake in the terminal

AD Ports Group holds an 81 per cent stake in the multipurpose terminal and a 90 per cent stake in the joint venture Noatum Unicargas Logistics, which will oversee logistics operations and fleet modernisation, including refrigerated trucks and transport platforms.

“Breaking ground on the Noatum Ports – Luanda Terminal marks a transformative moment for AD Ports Group, for Angola, and for the wider region,” said Mohammed Al Tamimi, CEO – Noatum Ports. “By modernising this vital gateway, we are helping position Luanda as a leading maritime and logistics hub in Central and West Africa.”

The 192,000-square-metre terminal, with a 16-metre draft, will be the only facility at the Port of Luanda capable of handling Super Post-Panamax vessels of up to 14,000 TEUs.

The expansion includes three Super Post-Panamax STS cranes and eight hybrid RTG cranes, supported by IT systems to boost efficiency and sustainability.

Once completed in Q1 2027, the terminal will increase container capacity from 25,000 TEUs to 350,000 TEUs, while Ro-Ro volumes are expected to exceed 40,000 vehicles.

The project is expected to generate thousands of direct and indirect jobs, alongside training programmes and community initiatives.

AD Ports Group said the investment will integrate Angola into global logistics corridors, supporting exports, reducing import costs, and enhancing competitiveness.

The development builds on more than $800m in AD Ports Group’s announced investments across Africa in recent years, spanning Egypt, the Republic of the Congo, Tanzania, and Angola.

Ras Al Khaimah relaunches RAK Digital Assets Oasis as Innovation City

The initiative aims to create a global ecosystem for entrepreneurs and innovators, initially focusing on five sectors

Neesha Salian
Neesha Salian

22 September, 2025

Ras Al Khaimah relaunches RAK Digital Assets Oasis as Innovation City
Image: Getty Images/ For illustrative purposes

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RAK Digital Assets Oasis has been rebranded and relaunched as Innovation City (INC), positioning Ras Al Khaimah as a hub for technology and innovation companies, the authority said.

The initiative aims to create a global ecosystem for entrepreneurs and innovators, initially focusing on five sectors: Web3 and digital assets, artificial intelligence, gaming and iGaming, robotics, and healthtech and digital health.

Sheikh Mohammed bin Humaid Al Qasimi, chairman of Innovation City, said the project would help “shape industries and put Ras Al Khaimah on the map as a capital of innovation for decades to come.”

RAK’s AI-powered free zone

Innovation City will operate as an AI-powered free zone, using artificial intelligence to design regulatory frameworks and streamline company procedures.

It will also develop prime land in Ras Al Khaimah with infrastructure tailored to technology companies.

Paul Dawalibi, CEO of Innovation City, said the initiative supported the vision of Ruler Sheikh Saud bin Saqr Al Qasimi for “sustainable development, economic diversification and innovation.”

Ras Al Khaimah is promoting Innovation City as a base for global startups and enterprises, citing lifestyle advantages and its proximity to Dubai alongside the emirate’s natural landscapes and cultural heritage.

Read: Marjan completes infrastructure works at RAK Central, ALEC named main contractor

Dubai Chamber unveils new features for Expand North Star 2025

The event will launch ScaleX, the Consumer Tech Zone, North Star Green Impact, the Deeptech MEA Summit and the Digital Assets Forum

Gulf Business
Gulf Business

22 September, 2025

Dubai Chamber unveils new features for Expand North Star 2025
Image: Dubai Media Office

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Dubai Chamber of Digital Economy will introduce five new features at Expand North Star 2025, the world’s biggest gathering for startups and investors, which will mark its 10th anniversary from October 12-15 at Dubai Harbour.

The event, organised by Dubai World Trade Centre and hosted by Dubai Chamber of Digital Economy, will launch ScaleX, the Consumer Tech Zone, North Star Green Impact, the Deeptech MEA Summit and the Digital Assets Forum.

ScaleX will spotlight 100 fast-growing tech companies and connect them with partners and investors to support expansion into the Middle East and beyond.

The Consumer Tech Zone will showcase startups in areas such as AR/VR, smart health devices and lifestyle technology.

North Star Green Impact will highlight startups working in clean energy, water tech, sustainable mobility and the circular economy, reflecting rising climate-tech investment in the Middle East and North Africa, which grew 40 per cent in 2023.

The Deeptech MEA Summit will focus on artificial intelligence, quantum computing and robotics, while the Digital Assets Forum will bring together global experts to discuss digital currencies, tokenised assets and risk management in the financial sector.

Programmes returning to Expand North Star

Signature programmes returning this year include the Supernova Challenge 2.0, with a $200,000 prize pool, the Corporate Arena for enterprise-startup collaboration, and the Tech Transfer Innovation Forum.

Youth-focused platforms such as YouthX Unipreneur and Emaratipreneur will also continue.

Expand North Star, which first launched in 2015, is part of Dubai’s strategy under the Dubai Economic Agenda (D33) to establish the city as a global hub for innovation and technology.

Dubai’s DIEZ posts record Dhs336bn trade in 2024, up 19%

The growth lifted DIEZ’s contribution to Dubai’s non-oil trade to 13.7 per cent, its highest on record

Neesha Salian
Neesha Salian

22 September, 2025

Dubai’s DIEZ posts record Dhs336bn trade in 2024, up 19%
Image: DIEZ

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The Dubai Integrated Economic Zones Authority (DIEZ) reported record trade of Dhs336bn ($91.5bn) across its three zones in 2024, a 19 per cent increase from the previous year.

The growth lifted DIEZ’s contribution to Dubai’s non-oil trade to 13.7 per cent, its highest on record, marking the fourth consecutive year of expansion.

Trade volumes rose 28 per cent to 444,300 tonnes compared with 346,700 tonnes in 2023.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said DIEZ’s results underscored the emirate’s ability to “innovate, unlock new avenues for growth and transform challenges into opportunities.”

Sheikh Hamdan added the performance supported the Dubai Economic Agenda D33, which aims to double the city’s economy and position it among the world’s top three urban economies by 2033.

DIEZ oversees three free zones

DIEZ oversees the Dubai Airport Free Zone, Dubai Silicon Oasis, and Dubai CommerCity.

Growth was driven by stronger flows of goods and services and deeper ties with global markets, the authority said.

Sheikh Ahmed bin Saeed Al Maktoum, chairman of DIEZ, said the results highlighted Dubai’s appeal as a “preferred choice for international companies and investors,” while executive chairman Mohammed Al Zarooni said the performance provided “strong motivation to pursue even greater accomplishments year after year.”

Machinery, electrical and electronics accounted for about 72 per cent of DIEZ’s total trade, rising 17 per cent, while precious stones, metals and jewellery grew 33 per cent, representing around 22 per cent.

Together, the two sectors made up 94 per cent of trade activity.

The authority said its resilience was underpinned by advanced infrastructure, integrated operations across its zones, and supply chain solutions that reinforced its role in Dubai’s non-oil trade and global competitiveness.

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