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Dubai Chambers teams up with Wio Bank for faster business banking

Through the collaboration, members of Dubai Chamber of Commerce will benefit from a simplified digital account opening process with Wio Bank, alongside improved access to credit solutions

Nida Sohail
Nida Sohail

09 July, 2026

Dubai Chambers teams up with Wio Bank for faster business banking

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Dubai Chambers has signed a Memorandum of Understanding (MoU) with Wio Bank to provide alternative banking services for its members, strengthening support for small and medium-sized enterprises (SMEs) across the emirate.

The partnership is designed to give businesses easier access to digital banking solutions, including streamlined business account opening and financing services that can help improve operational efficiency and support long-term growth, according to a WAM report.

Read more-First for the region: Middle East gets a bank account for content creators

Through the collaboration, members of Dubai Chamber of Commerce will benefit from a simplified digital account opening process with Wio Bank, alongside improved access to credit solutions. The initiative is expected to help businesses better manage cash flow, invest in expansion plans, and scale their operations with greater confidence.

Partnership supports SME development

The agreement reflects the shared commitment of both organisations to strengthen the business ecosystem by making essential financial services more accessible to entrepreneurs and growing companies.

“Our partnership with Wio Bank is a significant step forward in our mission to provide the business community with the tools they need to succeed,” said Khalid AlJarwan, executive vice president of Commercial and Corporate Services at Dubai Chambers.

He added, “By simplifying access to digital banking and financing, we are empowering SMEs to unlock their full potential and contribute to Dubai’s dynamic economy. This initiative is aligned with our strategic goals to foster innovation and enhance the competitiveness of local businesses.”

The collaboration comes as SMEs continue to play a pivotal role in Dubai’s economic growth, with access to efficient banking services and financing remaining key priorities for businesses seeking to expand.

Easier banking experience

Wio Bank said the partnership reinforces its commitment to making banking more accessible and efficient for the SME sector by reducing friction in key financial processes.

Prateek Vahie, chief commercial officer at Wio Bank, said, “We built Wio Business to make banking simple for SMEs, and this partnership extends that simplicity to Dubai Chambers’ members. From account opening to financing, our goal is to remove the barriers that slow businesses down, so they can focus on what matters: growing.”

The partnership is expected to provide Dubai Chamber of Commerce members with a seamless digital banking experience while improving access to financial solutions tailored to the needs of SMEs. By simplifying account opening and expanding financing options, the initiative aims to help businesses strengthen their financial resilience, accelerate growth plans, and contribute to the continued development of Dubai’s vibrant business landscape.

UAE proptech startup Keyper raises $11m Series A

The company currently supports more than 10,500 properties with a combined value exceeding $6bn, serves 4,000 landlords, and has surpassed 100,000 app downloads

Rajiv Pillai
Rajiv Pillai

09 July, 2026

UAE proptech startup Keyper raises $11m Series A

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UAE-based proptech company Keyper has raised $11m in a Series A funding round led by Speedinvest, as the company accelerates plans to digitise residential renting through a platform that combines rental payments, property management and embedded financial services.

The round attracted a broad group of strategic and institutional investors, including NeoVentures, the corporate venture capital arm of Mashreq, Middle East Venture Partners (MEVP), Dubai Future District Fund (DFDF), Property Finder, Arab National Bank, Ellington Properties, Dar Ventures and Abbey Road Investment Group.

The investment follows Keyper’s previously announced $30m Sukuk financing agreement with global asset manager Franklin Templeton, strengthening the company’s funding base as it expands its digital real estate ecosystem.

Founded to address inefficiencies in the UAE’s rental market, Keyper enables tenants to spread annual rent into monthly digital payments while allowing landlords to receive rental income upfront. The platform integrates rent payments, property management technology and financial services into a single operating system for residential real estate.

The company has established strategic partnerships with the Dubai Land Department (DLD), Abu Dhabi Advanced Real Estate Services (ADRES), Property Finder, Visa and Mashreq to support the digital transformation of rental payments through products such as Rent Now, Pay Monthly.

Demand for flexible payment solutions has accelerated alongside growth in the UAE’s rental market. Since launch, Keyper has financed more than $44m in rental payments, including $19 million during 2026 year-to-date.

The company currently supports more than 10,500 properties with a combined value exceeding $6bn, serves 4,000 landlords, and has surpassed 100,000 app downloads.

Rana Abdel Latif, partner at Speedinvest, said: “At Speedinvest, what attracted us the most was not the size of the opportunity but the team’s ability to execute against it. Omar and Walid are reimagining the rental experience by addressing one of the region’s largest pain points: the disconnect between how tenants earn and how rent is paid. Today, the Keyper platform brings together payments, financing, and property management, solving real problems for all sides of the market.”

Amith Rajan, executive vice president, head of Wholesale Digital Banking at Mashreq and CEO of NeoVentures, described the investment as the start of a long-term strategic partnership aimed at modernising rental payments and creating greater liquidity across the residential property market.

Highlighting the wider economic impact, Dubai Future District Fund managing director Nader AlBastaki said the platform supports the ambitions of the Dubai Economic Agenda (D33) by making Dubai a more attractive destination for global talent through greater rental flexibility.

Khalid S. Alghamdi, CEO of ANB Capital, said Dubai recorded more than Dhs100bn in tenancy contracts last year, yet much of the market still relies on post-dated cheques.

“This is not a rent app. It is the infrastructure layer for residential real estate, and whoever owns those rails will sit at the centre of how an entire market pays, borrows and invests against its homes,” he said.

Omar Abu Innab, co-founder and CEO of Keyper, said the latest funding validates the company’s long-term vision to digitise the residential property journey for both landlords and tenants.

The fresh capital will be used to expand Keyper’s monthly rent payment platform, accelerate adoption among institutional landlords and large residential portfolios, launch new financing and liquidity products for property owners, and further develop its broader property management ecosystem.

As demand for digital-first real estate services continues to grow, Keyper is positioning itself as an integrated operating platform for the UAE’s residential property sector, combining payments, property management and financial services through a single technology platform.

Dubai posts Dhs232bn Q1 GDP, fuelled by finance and construction boom

The results also reflect the effectiveness of the emirate’s long-term economic strategies, which continue to strengthen competitiveness, attract investment, and support sustainable growth

Nida Sohail
Nida Sohail

09 July, 2026

Dubai posts Dhs232bn Q1 GDP, fuelled by finance and construction boom

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Dubai’s economy maintained its growth trajectory in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching Dhs232bn, marking a 2.4 per cent year-on-year increase, according to newly released official data.

The latest figures underscore the resilience and diversity of Dubai’s economy, supported by strong performances across several key sectors, including finance, construction, healthcare, wholesale and retail trade, and real estate. The results also reflect the effectiveness of the emirate’s long-term economic strategies, which continue to strengthen competitiveness, attract investment, and support sustainable growth despite an evolving global economic landscape.

Officials said the first-quarter performance reinforces Dubai’s position as one of the world’s leading business and investment destinations, with innovation, economic diversification and public-private sector collaboration continuing to underpin growth.

Read more-Dhs80,000 in savings? Dubai rolls out new SME launch platform

Since the beginning of 2026, Dubai has also revised its GDP series from previously published estimates to incorporate the latest findings from economic surveys and administrative data. The update aligns with international statistical standards and best practices, further enhancing the quality and accuracy of the emirate’s economic data.

Healthcare, utilities and construction lead growth

Among all sectors, Human Health and Social Work Activities recorded the strongest annual growth, expanding by 17.5 per cent during the first quarter. The sector generated AED3.6 billion in gross value-added and contributed 1.5 per cent to Dubai’s GDP.

The Electricity, Gas and Water Supply, together with Waste Management Activities, also delivered strong growth of 8.4 per cent, with gross value-added reaching Dhs4.6bn, accounting for 2 per cent of GDP. This compares with Dhs4.3bn and a 1.9 per cent GDP contribution during the same period in 2025.

Construction continued to benefit from sustained development activity across the emirate, posting 8.2 per cent growth year-on-year. The sector generated approximately Dhs18.7bn in gross value-added and accounted for 8.1 per cent of Dubai’s GDP in the first quarter.

Leadership says growth reflects long-term vision

Helal Saeed Almarri, director general of the Dubai Department of Economy and Tourism, said the latest GDP figures demonstrate the strength of Dubai’s long-term economic strategy.

“Dubai’s economic growth continues to be anchored in visionary leadership, proactive strategic planning, and a deep-rooted resilience across our key sectors.

Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and the close follow-up of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the Q1 2026 GDP results reflect another successive quarter of robust performance, marking a consistent trajectory that has established a strong platform for stability and positioned Dubai to accelerate through the remainder of the year and beyond.

“Dubai’s growth narrative is defined by a commitment to long-term objectives, and successive quarters of strong performance are not coincidental; they are the product of deliberate policy, structural depth, and an economy built to perform regardless of external conditions. As we look ahead, the seamless synergy between our public and private sectors, combined with the sustained confidence of the global investment community, will fuel the next phase of our development, further cementing Dubai’s position as a premier global economic hub in line with the Dubai Economic Agenda, D33.”

Data and digital transformation strengthen competitiveness

Hamad Obaid Al Mansoori, director general of Digital Dubai, said the latest figures demonstrate the effectiveness of Dubai’s diversified economic model and its continued investment in innovation and competitiveness.

“The results of Q1 2026 reflect the resilience of Dubai’s economy, which continues to achieve sustainable growth amid a rapidly evolving global economic landscape. The strong performance across key economic sectors highlights the success of the emirate’s diversified and agile economic model, built on competitiveness, innovation, and global connectivity, while advancing the objectives of the Dubai Economic Agenda, D33, to position Dubai among the world’s top three urban economies.”

He added: “Dubai continues to strengthen its economic ecosystem and enhance its business environment by investing in key enablers that drive growth, foster productivity, and create new opportunities.

These include advancing government efficiency, strengthening institutional capabilities, and harnessing modern technologies to support informed decision-making. These efforts will contribute to achieving further economic milestones in the future and reinforce Dubai’s position as a global hub for business and investment, and reinforce its status as a leading global hub for business, investment, and talent.”

Younus Al Nasser, chief executive of the Dubai Data and Statistics Establishment at Digital Dubai, highlighted the growing importance of data in supporting policymaking and economic planning.

“In a world where data has become a primary engine of growth and a cornerstone of decision-making, Dubai’s Q1 2026 results underscore the tangible impact of sustained investment in advancing a data ecosystem that strengthens economic development and enhances our ability to anticipate future opportunities.

Data today is a strategic asset that informs investment direction, improves policy effectiveness, and enables more precise and agile decision-making across all levels.”

He added: “Dubai continues to advance an integrated data and statistics ecosystem grounded in quality, accuracy, and trust. This ecosystem delivers reliable economic indicators that enable forward-looking planning and evidence-based policymaking, while strengthening the emirate’s competitiveness and reinforcing its position as a global benchmark in harnessing data for development and future readiness.

This ongoing progress reflects the maturity of Dubai’s data ecosystem and its proven ability to convert data into measurable economic value. It is accelerating innovation, enhancing sector competitiveness, and strengthening Dubai’s capacity to anticipate emerging opportunities and drive more sustainable and inclusive growth.”

Private sector partnerships remain key

Hadi Badri, CEO of the Dubai Economic Development Corporation, the economic development arm of the Dubai Department of Economy and Tourism, said Dubai’s economic momentum continues to be supported by coordinated action between the public and private sectors.

“Supported by swift, prudent action taken over recent months, Dubai has retained the robust foundations that will continue to support our long-term growth.

The city’s Q1 2026 results underline the momentum we continue to carry forward as we work towards the goals of the Dubai Economic Agenda, D33. From strategic projects that support SME growth to global partnerships that give institutional credibility to Dubai’s proposition, recent months have seen no pause in our collective efforts. In collaboration with our partners across the public and private sectors, our focus remains on supporting investment in key sectors, catalysing innovation across the economy, and further growing the pipeline of homegrown and international talent and entrepreneurship.”

Finance, trade and real estate continue to drive the economy

While healthcare posted the fastest growth, Dubai’s largest economic sectors continued to provide the greatest contribution to overall GDP.

Wholesale and Retail Trade remained the emirate’s biggest contributor, accounting for approximately 22 per cent of GDP. The sector expanded by 2.6 per cent year-on-year, with real gross value-added rising to Dhs50.9bn from Dhs49.6bn during the corresponding period in 2025. It also contributed around 0.57 percentage points to overall economic growth, representing approximately 24 per cent of total growth recorded during the quarter.

The Financial and Insurance Activities sector recorded one of the strongest performances among major industries. Gross value-added increased to Dhs32.4bn during the first quarter, representing annual growth of 6.5 per cent and accounting for 14 per cent of Dubai’s GDP, up from 13.4 per cent a year earlier. The sector contributed approximately 0.88 percentage points to overall GDP growth, equivalent to around 37 per cent of the total economic expansion achieved during the quarter.

Real Estate Activities also maintained positive momentum, growing by 3.1 per cent compared with the same period last year. The sector generated approximately Dhs26bn in gross value-added and accounted for 11.2 per cent of Dubai’s economy, reflecting continued demand across the property market.

Meanwhile, the Information and Communication sector expanded by 2.7 per cent, with gross value-added reaching Dhs12.1bn compared with Dhs11.8bn a year earlier. The sector represented 5.2 per cent of Dubai’s GDP and contributed 0.14 percentage points to overall economic growth.

Administrative and Support Service Activities also posted steady gains, increasing by 3.6 per cent year-on-year. The sector generated Dhs10.5bn in value-added during the first quarter and maintained a 4.5 per cent share of Dubai’s GDP.

The broad-based performance across multiple industries highlights the strength of Dubai’s diversified economy, with both established and emerging sectors contributing to sustainable growth. As the emirate continues to implement the Dubai Economic Agenda (D33), officials said sustained investment, digital transformation, innovation and close collaboration between government and the private sector are expected to further reinforce Dubai’s position as a leading global centre for business, investment and talent in the years ahead.

INSEAD’s Mark Stabile on the GEMBA Flex and the future of executive learning

As INSEAD welcomes its first GEMBA Flex cohort, Mark Stabile, dean of Degree Programmes and professor of Economics, explains why flexible, continuous learning has become the defining edge for executives leading through an era of AI, geopolitical upheaval and constant disruption

Neesha Salian
Neesha Salian

09 July, 2026

INSEAD’s Mark Stabile on the GEMBA Flex and the future of executive learning

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Executive education is being reshaped by the same forces it seeks to help leaders navigate. As AI adoption accelerates, geopolitical fault lines deepen and the assumptions underpinning entire business models erode in months rather than decades, the way senior executives learn is changing too.

INSEAD’s answer is GEMBA Flex, a new blended format of its Global Executive MBA that has just welcomed its inaugural cohort: 59 senior leaders from 37 nationalities, 51 per cent of them women — a notable shift at a level where flexibility has long been a barrier to participation.

Here, Mark Stabile, dean of Degree Programmes at INSEAD, dean of the Europe Campus and professor of economics, explains the thinking behind the new format and what it signals about where executive learning is heading. Drawing on his vantage point as an economist, he explores why leading through this moment differs from past disruptions, which capabilities will carry leaders through what’s coming, what the evidence says about whether investment in development pays off, and why the widening “learning divide” between organisations that keep learning and those that stand still may define competitiveness, and inequality, in the decade ahead.

INSEAD has just welcomed the first GEMBA Flex cohort — 59 senior leaders, 37 nationalities, built around people who are still running organisations full-time. What was the thinking behind launching a format like this now, and what does the demand for it tell you about where executive learning is heading?

The launch of the Global Executive MBA Flex (GEMBA Flex) was a natural evolution of our portfolio. Over the years, we have seen the profile of senior leaders continue to evolve. Today’s executives are navigating a highly fluid global landscape, frequently managing cross-border teams, travelling extensively, and balancing corporate responsibilities alongside personal commitments.

The traditional model of in-person management and executive education remains incredibly valuable and continues to be the preferred delivery format. However, since the pandemic, demand for online and hybrid learning has grown globally because of the flexibility it offers. We saw an opportunity to combine the same academic rigour, faculty engagement and global network that define INSEAD with a format that better fits the realities of modern leadership. That was the catalyst for launching GEMBA Flex.

The response was very encouraging. Our inaugural cohort brings together 59 senior leaders from 37 nationalities, with participants spanning industries, functions and regions. Notably, women make up 51 per cent of the cohort. This is particularly significant because flexibility can help address some of the barriers that have traditionally limited participation in Executive MBA programmes, especially for women balancing leadership responsibilities alongside family and other life commitments. A more flexible format allows leaders to invest in their development without compromising on quality or impact.

Today’s leaders increasingly seek development that is continuous, flexible and immediately applicable to the challenges they face every day. They want to be able to move seamlessly between self-paced online learning, live virtual interaction and immersive in-person experiences.

The future of executive education is neither purely digital nor exclusively classroom-based – it lies in a blended model that combines the flexibility of online learning with the richness of faculty and peer interaction across our global campuses in Fontainebleau, Singapore, Abu Dhabi and innovation hub in San Francisco.

Leadership feels harder than it has in a long time — AI, geopolitical tension and economic uncertainty all landing at once. From an economist’s vantage point, what’s genuinely different about leading through this moment compared with disruptions we’ve seen before?

From an economic perspective, what’s different today is that several shifts are happening simultaneously, interacting with one another and compounding the effect of multiple disruptions. We are not just dealing with isolated technological or economic disruptions but managing a web of highly interconnected forces.

First, the rapid and widespread adoption of AI – which is not simply another technology cycle. It is reshaping productivity, business models and the nature of work itself. In the Gulf, where governments are proactively establishing frameworks for AI governance and digital infrastructure, this technological shift is unfolding at an accelerated pace.

Second, we are seeing a reconfiguration of the global economic order characterised by geopolitical fragmentation, supply chain realignment and a heightened emphasis on economic security over pure cost-efficiency.

Third, the workforce itself is changing. Organisations are increasingly leading multi-generational teams with very different expectations around careers, learning and flexibility, while the rise of project-based and gig work is reshaping how talent is sourced, managed and retained. For many organisations, attracting and developing diverse leadership talent, including more women in senior roles, has also become a strategic priority.

Together, these shifts are reshaping how organisations compete, hire and create value.

For leaders, the challenge is not simply the existence of uncertainty, but the speed at which core business assumptions become outdated. Competitive advantages that previously sustained corporations for decades can now erode in months. Knowledge has a significantly shorter shelf life. Consequently, modern leadership is less about having all the answers and more about building highly agile, resilient organisations capable of continuous adaptation.

When the ground keeps shifting like this, which capabilities matter most for senior leaders — and are the skills that got people to the top the same ones that will carry them through what’s coming?

Organisations are no longer hiring solely for technical expertise. Increasingly, they are looking for leaders who combine AI fluency with adaptability, emotional intelligence and the ability to collaborate across functions.

The skills that helped many leaders succeed in the past, deep expertise, operational excellence and execution, remain important. But they are no longer sufficient on their own.

At INSEAD, we group what organisations increasingly value into three broad areas: Business Acumen, Leading & Communicating, and Staying Relevant. The last category is becoming particularly important as leaders navigate constant disruption. It encompasses capabilities such as AI and big data, resilience and agility, creativity, innovation, entrepreneurship and self-awareness. These complement, rather than replace, traditional leadership strengths.

As technology reshapes the workplace, cognitive capabilities such as strategic thinking, sound judgement under uncertainty, problem-solving and effective decision-making become even more valuable. Equally important are learning agility, curiosity and the ability to work across disciplines.

Increasingly, leadership is about balancing two priorities simultaneously: delivering results today while preparing organisations for tomorrow. Leaders need to understand not only technologies, but also its implications for people, customers, operations and long-term business value.

The OECD estimates that 1.1 billion jobs will be transformed by technology over the next decade, underscoring the need for organisations and executives alike to continuously develop new capabilities.

“Upskilling” can sound like a buzzword, but a programme like GEMBA Flex is a real commitment of time and money. In practical terms, what does meaningful development look like at a senior level, and what does the evidence say about whether that investment pays off?

Meaningful development is about expanding how leaders think, make decisions and create impact in increasingly complex environments.

For experienced executives, the greatest value often comes from stepping outside their comfort zone. A programme such as GEMBA Flex provides exposure to different industries, markets and leadership perspectives, helping participants challenge assumptions and develop a broader strategic lens. It also offers the opportunity to build a trusted global network of peers that share a common ambition to grow as leaders, opening doors to new ideas, collaborations, business opportunities and lifelong professional relationships.

Equally important is the opportunity for personal reflection to step back from day-to-day operational demands and critically examine how they lead. Through coaching, structured reflection and feedback from faculty and peers, participants are able to redefine their leadership style, identify their strengths and blind spots, and become more intentional about the impact they want to have.

Executive education has consistently been shown to strengthen leadership effectiveness, strategic decision-making and career progression. Many participants report taking on larger responsibilities, leading transformation initiatives or moving into new roles after completing a programme.

Beyond career advancement, many also describe increased confidence in leading through ambiguity and greater clarity about their long-term leadership aspirations.

Ultimately, the question is not whether senior leaders can afford to invest in their development, but whether they can afford not to.

Many leaders are weighing this up at exactly the time budgets are tight and calendars are full. How would you think through that trade-off, and is there a cost to standing still while the world moves on?

Many leaders face this dilemma: time is scarce, budgets are under pressure, and there’s increasing demands of the day job. The question, however, is not simply whether you can afford the investment, but what the cost of inaction might be.

Today’s business environment is evolving at an unprecedented pace. Leaders who rely solely on past experience may find that the assumptions that brought them success no longer apply.

Executives should view development not as time away from work, but as time invested in themselves in becoming more effective at work. Participants often bring live business challenges into the classroom and leave with practical insights, frameworks and networks they can apply immediately.

Ultimately, standing still is rarely a neutral choice. The risk is not just falling behind competitors; it is missing opportunities to innovate, grow and lead more effectively. The leaders who thrive are often those who make the deliberate decision to create space for learning, even when their schedules are at their fullest.

This cohort is 51 percent women, a real shift at senior level. Drawing on your research, why do you think we’re seeing that change now, and what tends to finally unlock it after years of slow progress?

The fact that our inaugural GEMBA Flex cohort is 51 percent women is encouraging. While it is still early to draw definitive conclusions, it strongly validates one of our principles behind the programme’s design – increasing flexibility can help broaden access to executive education for talented leaders who may previously have found it difficult to participate.

Research consistently shows that many senior professionals, particularly women, are balancing demanding leadership responsibilities alongside family commitments and other major life milestones. These competing demands have traditionally been among the barriers to pursuing executive education. By combining the same academic rigour, world-class faculty and global learning experience with a more flexible delivery model, GEMBA Flex makes it easier for executives to invest in their development without putting their careers or personal responsibilities on hold.

At the same time, organisations are becoming far more intentional about developing diverse leadership pipelines. Many recognise that diverse leadership teams bring broader perspectives, challenge assumptions more effectively and strengthen decision-making in increasingly complex environments. As more organisations invest in developing female leadership talent, we are also seeing more women actively seeking opportunities to broaden their strategic capabilities and global networks.

If more flexible learning models can help make world-class executive education accessible to a broader and more diverse group of leaders, that is something that benefits not only individuals, but also the organisations they lead. We hope GEMBA Flex represents an important step towards broadening access to leadership development at the highest levels.

Does having more women in the room measurably change how organisations lead and decide, or is that more hopeful narrative than proven effect? What does the data tell us?

INSEAD research suggests that the presence of women can change how decisions are made, particularly in governance settings. Studies by INSEAD Professor Guoli Chen found that boards with female directors tend to engage in more thorough and comprehensive discussions, exercise stronger oversight and challenge assumptions more rigorously. The effect appears to stem less from gender itself and more from the fact that diverse groups are less prone to groupthink and are more likely to examine alternatives before reaching consensus.

That said, it might be oversimplifying things to conclude that adding women to leadership automatically improves financial performance. The relationship is more nuanced. Diverse leadership teams can improve the quality of decision-making, governance and risk management, but those benefits do not always translate immediately into higher profits or share prices.

In fact, some INSEAD research uncovered a surprising finding: investors have sometimes reacted negatively to increases in female board representation, even when there is no evidence that board effectiveness suffers. This suggests that market perceptions and biases can distort how gender diversity initiatives are viewed.

Research does not show that women leaders are a cure-all for organisational challenges – but it does show that more diverse leadership teams tend to deliberate differently, ask different questions and reduce the risks that come from homogeneous thinking. In an increasingly complex world, that can be a significant advantage.

Gulf economies are diversifying fast while building leadership talent at pace. What kind of leaders do these markets need most right now — and looking ahead, if the leaders and organisations that keep learning pull away from those that don’t, what does that mean for inequality?

Right now, that combination creates a very specific leadership requirement – and not only technical acumen, but adaptability on a scale.

Right now, the leaders most in demand are those who can operate across systems rather than within silos. That means leaders who are comfortable with uncertainty, capable of making decisions in fast-evolving regulatory and geopolitical environments, and able to bridge public and private sector logics.

In many Gulf economies, transformation is being driven through large national strategies, so leaders also need to be able to align commercial execution with broader state-led ambition.

Looking ahead, one of the more important dynamics is the widening “learning divide” between organisations that invest in development and those that do not. Organisations that prioritise learning build stronger decision-making, greater adaptability and more resilient leadership pipelines. Those that fail to invest will find themselves structurally locked into legacy operating models, even as the external environment shifts around them.

Ultimately, the question is not whether organisations are competitive today, but whether they are building the capacity to stay competitive in five or ten years’ time.

Read: How the UAE is building AI leaders beyond traditional education

Emaar to debut luxury Vida hotel in Sharjah

Strategically positioned with direct access to University City and Sharjah Airport Free Zone, Vida Aljada is also within easy reach of Dubai International Airport and Sharjah Corniche

Rajiv Pillai
Rajiv Pillai

09 July, 2026

Emaar to debut luxury Vida hotel in Sharjah

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Emaar Hospitality Group is set to open Vida Aljada later this year, bringing its lifestyle hospitality brand to Sharjah’s flagship mixed-use destination and expanding its premium hotel portfolio in the UAE.

The new property will become one of only two five-star Vida hotels in the country, representing an elevated expression of the brand centred on lifestyle hospitality, social connection and contemporary design.

Located within Aljada’s creative district, the hotel is designed to complement the destination’s growing mix of residential, cultural and commercial offerings. The development reinforces Aljada’s position as an integrated urban community where hospitality, leisure and everyday living converge.

Strategically positioned with direct access to University City and Sharjah Airport Free Zone, Vida Aljada is also within easy reach of Dubai International Airport and Sharjah Corniche, offering convenient connectivity for both business and leisure travellers.

The hotel will feature a mix of guest rooms, suites and extended-stay residences, catering to short-term visitors as well as longer-stay guests. Its design focuses on flexible spaces that encourage movement, interaction and relaxation throughout the property.

Dining concepts will blend all-day restaurants, café spaces and outdoor social areas into a seamless guest experience, while wellness facilities are being designed to support both fitness and relaxation.

Beyond its accommodation offering, the hotel is expected to strengthen Aljada’s wider hospitality ecosystem as the master development continues to evolve into a mixed-use destination combining residential communities, retail, entertainment and cultural attractions.

Guided by Vida’s philosophy of simplicity, creativity and community, the property aims to provide contemporary lifestyle experiences while supporting Sharjah’s expanding tourism and hospitality sector.

Vida Aljada is the latest addition to Emaar Hospitality Group’s growing portfolio, reflecting the company’s continued investment in experience-led destinations and the ongoing expansion of the Vida brand across the region.

Dubai Summer Surprises: Dubai events and offers you can’t miss this week

Top events and attractions to add to your calendar

Gulf Business
Gulf Business

08 July, 2026

Dubai Summer Surprises: Dubai events and offers you can’t miss this week
Image: Supplied

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Dubai Summer Surprises (DSS) is in full swing, bringing another packed week of family entertainment, live music, shopping rewards and limited-time offers across the city. From concerts and immersive experiences to mega prize draws and retail promotions, here are the top events and attractions to add to your calendar.

Modesh World

One of the region’s largest indoor family entertainment destinations, Modesh World returns until 23 August with free entry for all visitors.

The venue features a Fun Zone, Modesh Market and Family Zone, making it an ideal day out for families throughout the summer.

This week, visitors can also take advantage of a 100% Bonus Credits promotion on Tap Play Cards until Sunday, receiving double the credits with every top-up.

In addition, shoppers spending Dhs500 or more at Modesh World can enter the Win Your Home in Dubai raffle by scanning the campaign QR code and uploading their receipt.

Open daily: 10am to midnight

Beat the Heat: Cairokee Live

The fifth season of Beat the Heat begins on 11 July with acclaimed Egyptian rock band Cairokee performing live at Dubai World Trade Centre.

Known for their powerful lyrics and energetic performances, Cairokee remain one of the Arab world’s most influential contemporary bands.

Date: 11 July

Candlelight Concerts at Madinat Jumeirah

Music lovers can experience the popular Candlelight Concerts series at the Majlis Al Salam Ballroom, Mina A’Salam, Madinat Jumeirah on 11 July.

Set against the glow of thousands of candles, the evening will feature two immersive performances in one of Dubai’s most atmospheric venues.

Date: 11 July

K-Pop Demon Hunters Pop-Up

Fans of Korean pop culture can visit the K-Pop Demon Hunters Pop-Up at City Centre Mirdif from 9 to 19 July.

The activation features themed photo opportunities, official merchandise (subject to availability) and an interactive K-Pop Culture Experience Zone.

Dates: 9–19 July

Electronics Flash Sale Weekend

Tech enthusiasts can shop exclusive deals during the Electronics Flash Sale Weekend from 10 to 12 July.

Participating retailers include:

E City
Harman House
Virgin Megastore
My Shops

Expect discounts, bundles and exclusive offers across electronics, gaming, appliances, smartphones and home entertainment products.

Dates: 10–12 July

Win Your Home in Dubai

One of this year’s biggest DSS promotions, Win Your Home in Dubai, gives shoppers the chance to win one of 12 Binghatti Developers residential units, including a grand prize two-bedroom apartment.

Simply spend Dhs500 at participating malls and retailers, then upload your receipt through the campaign portal.

Win an MHERO at Dubai Festival City Mall

Spend Dhs300 or more at participating retailers, restaurants or entertainment venues at Dubai Festival City Mall for a chance to win an MHERO vehicle.

Customers can validate receipts at the Customer Service Desk to enter the prize draw.

Win a Cadillac at Mercato and Town Centre Jumeirah

Shoppers spending Dhs200 or more at Mercato Shopping Mall or Town Centre Jumeirah can enter through the PrivilegePLUS app to win a Cadillac LYRIQ worth more than Dhs300,000.

Participating retailers are also offering discounts of up to 75 per cent during the campaign.

SHARE Millionaire & Cashback

Majid Al Futtaim’s popular SHARE Millionaire promotion returns for DSS.

Spend Dhs300 or more at Mall of the Emirates, City Centre Mirdif and City Centre Deira to enter the draw. Four winners will each receive Dhs100,000.

Campaign runs until: 30 August

Win Skywards Miles this summer

Emirates Skywards members can earn extra rewards throughout DSS.

Customers spending Dhs200 or more with participating Skywards Everyday partners, including Careem and Amazon.ae, can enter a draw to become one of 500 winners receiving 10,000 Skywards Miles each.

First-time shoppers using Skywards Miles Mall and paying with a Visa card can also receive an additional 2,000 bonus Skywards Miles on qualifying purchases.

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