Back to all interviews-2 news

Transcorp founder Rodrigue Nacouzi on his next big bets in UAE tech and logistics

The entrepreneur behind Transcorp discusses quick-commerce economics, the business case for automation, AI-driven location decisions and investment opportunities in the UAE

Gareth van Zyl
Gareth van Zyl

20 October, 2026

Transcorp founder Rodrigue Nacouzi on his next big bets in UAE tech and logistics
Rodrigue Nacouzi, founder of Transcorp

TT

16

Fast delivery has become one of the defining promises of e-commerce, but speed alone is no guarantee of a sustainable business. As retailers invest in dark stores, micro-fulfilment centres and increasingly sophisticated technology, the pressure is on to make each order profitable.

Rodrigue Nacouzi, who built temperature-controlled logistics business Transcorp before its acquisition by Green Dome Investments in 2025, knows the challenges of scaling first-hand.

In this interview with Gulf Business, he discusses the economics of quick commerce, where automation and artificial intelligence can deliver value, and what he looks for in new investments through Enablers Ventures.

You built Transcorp from the ground up before its acquisition by Green Dome Investments in 2025. What did that journey teach you about scaling a logistics business in the UAE — and what would you do differently today?

Building Transcorp taught me that growth places demands on a business well before it produces returns. Every contract brings commitments in infrastructure, people, working capital and service expectations. Managing that balance becomes increasingly important as the company expands.

In temperature-controlled logistics, there is very little room for inconsistency. The customer is entrusting you with the integrity of their product and, ultimately, their reputation. Earning that trust opens doors, but maintaining it at scale requires strong management, reliable systems and a detailed understanding of profitability across customers and operations.

As you scale, small inefficiencies become expensive. You need visibility into profitability by customer, route and facility, alongside managers who take ownership of those numbers. Revenue growth can hide weaknesses for a while, but eventually they surface in service quality or cash flow.

If I were starting again, I would invest earlier in management depth, operational data and clearer accountability. I would also be more selective about contracts. The right customer helps you build a stronger network; the wrong commercial terms can leave you financing someone else’s growth.

Quick commerce has promised consumers ever-faster delivery, but the economics can be difficult. What separates a sustainable quick-commerce model from one that is simply chasing speed and market share?

A sustainable model understands exactly what it earns and spends on each order and how those economics change as volumes grow. Order weight, basket size, product margin, picking productivity, delivery distance and wastage all matter. A busy operation is not necessarily a profitable one.

Speed should follow good network design. When stock is positioned near demand, inventory is accurate and fulfilment runs efficiently, fast delivery becomes more economical. When those foundations are missing, businesses end up paying for speed through discounts, excess staffing and expensive delivery capacity.

I am comfortable with a planned investment period, including initial losses, provided there is a defined budget, a deadline and measurable progress towards profitability. The important distinction is whether growth is improving the economics or simply increasing the loss.

Location has become increasingly important to fulfilment. How are dark stores, micro-fulfilment centres and commercial real estate changing as retailers try to get closer to the customer?

A fulfilment property has to be assessed as part of an operating network. The rent is only one component of its cost but a major one. That said, a cheaper site can end up being much more expensive if it adds delivery time, limits loading access or creates inefficient picking and dispatch.

The assessment needs to include customer density, SLAs, demand patterns, access, power capacity, site design and how the location interacts with other sites. Two individually attractive locations may serve largely the same customers, adding cost without enough additional reach.

This is the connection we are developing through Urban Solutions Group: bringing property selection, site preparation, micro-fulfilment and facility management into the same conversation. The objective is to choose spaces that work commercially and operationally from the outset, with enough flexibility to adapt as demand changes.

Automation and robotics are becoming a bigger part of logistics and fulfilment. Where do you see the strongest business case for automation today, and where is the industry at risk of overinvesting in technology?

The business case for automation depends on the space available, the volume handled and the productivity gains it can deliver. Large robotic installations can require substantial capital and changes to the facility, so the operation needs sufficient throughput to justify that commitment.

Quick commerce introduces a different dynamic. Dark stores bring inventory closer to customers, but they generally operate in compact urban premises where every square metre has a cost and a purpose. Any technology introduced must fit around storage, picking and dispatch without creating additional constraints.

In these locations, I see a stronger immediate case for selective automation: light-guided picking, wearable scanners and software that improves picking routes, replenishment and order coordination. These solutions can improve speed and accuracy within the existing footprint. Compact robotic storage can also be relevant, particularly where it improves storage density, provided the volumes and economics support it.

The risk is investing ahead of operational need, based on volumes that have yet to materialise. My priority would be to improve the productivity of the space and people already in place, then introduce more sophisticated robotics where the return is demonstrable.

You are developing an AI-powered decision intelligence platform for physical locations. What decisions can AI genuinely improve in areas such as real estate and logistics, and which decisions still require human judgement?

Many location decisions depend on information scattered across reports, spreadsheets, maps and people’s experience. We are developing a platform to bring that evidence together and help executives assess what to do, where and why.

AI can help compare locations, identify demand patterns, test assumptions and explore scenarios: what happens if rent increases, demand develops more slowly or a competitor opens nearby? It can also highlight missing or conflicting evidence before a decision is made.

Human judgement remains essential in assessing relationships, negotiating terms, understanding local conditions and deciding how much uncertainty to accept. The platform should make the reasoning behind a recommendation visible, including its limitations. My aim is to give decision-makers a stronger basis for judgement while keeping responsibility clearly with the people making the decision.

International e-commerce and marketplace companies continue to expand in the Gulf. What are they looking for when entering the UAE, and where are the biggest gaps in the infrastructure currently supporting that growth?

In my experience, they are looking for speed to market, predictable costs, consistent execution and partners who can grow with them. A facility or a fleet is only part of the requirement. They need local teams who understand how to bring property, approvals, staffing, technology and daily operations together.

The gap I focus on is coordination. A suitable property may still need substantial work before it can operate. A launch can be delayed because the facility, workforce and systems have been planned separately. Each individual supplier may fulfil its scope while the overall operation falls short.

There is a strong opportunity for partners who take responsibility across those interfaces, provide clear performance visibility and maintain consistent standards across multiple sites. International companies need confidence that expansion will be repeatable.

Enablers Ventures has completed six partnerships in the UAE over the past eight months. What kinds of businesses or technologies are attracting your attention now, and what does an investment need to demonstrate before you are prepared to back it?

We are particularly interested in technologies that address problems we understand through our operating businesses: logistics software, q-comm models, automation and decision intelligence. We also look at complementary businesses where our commercial relationships and industry experience can help accelerate growth.

Before backing an opportunity, I want to understand the problem, who will pay to solve it and why the team is capable of delivering. The evidence depends on the stage. An early business may demonstrate a strong understanding of its customers and credible demand; a more developed business should show paying customers, retention and a believable route to profitability.

Recurring revenue is attractive when customers continue paying because the product delivers value. I also look closely at governance, capital requirements and founder alignment. Completing six partnerships reflects our activity, but the real measure will be how those businesses perform and the value we help them create.

‘Davos in the Desert’ postponed: Saudi Arabia shifts FII conference to 2027

The landmark Future Investment Initiative conference, originally scheduled for October 26–29 in Riyadh, has been postponed, with new dates to be announced

Rajiv Pillai
Rajiv Pillai

19 October, 2026

‘Davos in the Desert’ postponed: Saudi Arabia shifts FII conference to 2027
Image: Getty Images

TT

16

Saudi Arabia’s Future Investment Initiative (FII) Institute has announced the postponement of the tenth edition of its flagship investment conference, originally scheduled to take place in Riyadh from October 26 to 29, 2026.

The event, FII10, themed “The Power of Legacy”, will now be held in 2027, with organisers expected to announce revised dates soon.

In a statement, HRH Princess Dr. Maha Bint Mishari Al Saud, CEO of the FII Institute, said the decision was taken to ensure the landmark edition meets the expectations of its international community of investors, business leaders and policymakers.

“Because this is our landmark tenth edition, we want to ensure it delivers the full scale, extraordinary quality, and unforgettable impact that our community has come to expect and truly deserves,” she said.

“A decade of partnership and shared vision deserves nothing less than our absolute best.”

The institute confirmed that all existing registrations and partnerships will remain valid despite the postponement.

Organisers will contact registered delegates, partners and other stakeholders directly over the coming days to provide further assistance and address queries regarding the revised arrangements.

“We are profoundly grateful to our community for your continued trust, patience, and friendship. We cannot wait to welcome you home to Riyadh in 2027 for a truly special and memorable FII10,” Princess Maha added.

The annual FII conference, also known as ‘Davos in the Desert’, has emerged as a major platform for international investment discussions, bringing together sovereign wealth funds, global financial institutions, corporate executives and government officials to explore investment opportunities and economic transformation.

The conference is closely associated with Saudi Arabia’s efforts to attract international capital, diversify its economy and strengthen its position as a global investment destination under Vision 2030.

The postponement comes amid escalating security concerns in Saudi Arabia following a series of missile and drone attacks by Yemen’s Iran-aligned Houthi group.

Recent attacks, including a deadly strike on King Khalid International Airport in Riyadh, have disrupted air travel and raised concerns among international investors and business executives planning to visit the kingdom.

Mark your calendar: Gulf Business Investment Summit returns October 30

The half-day event will feature an opening keynote, five panel discussions and an interactive closing debate

Gulf Business
Gulf Business

19 October, 2026

Mark your calendar: Gulf Business Investment Summit returns October 30

TT

16

Article Summary
Taking place in Dubai on 30 October 2026, the Gulf Business Investment Summit will bring together industry leaders under the theme 'Where Capital Goes Next'. The programme will examine global capital flows, economic uncertainty, artificial intelligence, digital infrastructure, private markets, and asset tokenisation, culminating in an interactive debate on allocating a hypothetical $1bn portfolio.

The Gulf Business Investment Summit 2026 will take place on October 30 at the Grand Plaza Mövenpick Media City in Dubai, bringing together investment professionals, financial experts and industry leaders to examine the trends shaping global capital allocation.

Held under the theme ‘Where Capital Goes Next’, the summit will explore how investors are navigating geopolitical uncertainty, changing interest-rate dynamics, technological disruption and the emergence of new investment opportunities.

The half-day event will feature a series of panel discussions examining global capital flows, artificial intelligence (AI), digital infrastructure, private markets and asset tokenisation.

Register here.

Investment leaders to share insights

The summit will feature a lineup of confirmed speakers, including Wissam Breidy, Founder and CEO of BRDG House; Bader Al Sarraf, Research Analyst and Associate Director, Global Research at Standard Chartered; and Varun Kapur, Director at KAPITAL by KLEBER GROUP.

Other confirmed speakers include Alister Wellesley, CEO of EA MENA; Sapan Agarwal, Global Senior Vice President, Commercial Strategy & Key Accounts at Frost & Sullivan; Salmaan Khawaja, Partner and Head of Financial Advisory at Grant Thornton UAE; and Raven Groom-Baker, Managing Director at Aquanow, and many more.

AI, private markets and tokenisation in focus

The summit will open with a keynote titled ‘Where Capital Goes Next’, setting the stage for discussions on the economic, geopolitical and technological forces influencing investment decisions.

The first panel, ‘The Great Capital Reset’, will explore how investors are repositioning portfolios amid shifting global markets, while ‘The Next Trillion-Dollar Opportunities’ will examine investment prospects across the AI ecosystem, including semiconductors, robotics, cybersecurity and enterprise applications.

Another session will focus on the infrastructure underpinning the AI economy, highlighting opportunities in data centres, energy, connectivity and digital infrastructure.

The programme will also examine the growing importance of private equity, private credit and alternative investments, alongside the potential for tokenisation to transform asset ownership, trading and accessibility.

The $1bn investment debate

A key highlight will be the closing session, ‘The $1bn Debate: If You Had $1bn to Invest Today…’, which will challenge five investment figures to allocate hypothetical $1bn portfolios across equities, credit, private markets, infrastructure, real estate, commodities, digital assets and cash.

Participants will defend their investment strategies and debate which asset classes could deliver the strongest returns over the next decade.

The Gulf Business Investment Summit 2026 will begin with registration and networking at 8am, followed by the main programme from 8.30am to 11.30am.

Event details: October 30, 2026 | Grand Plaza Mövenpick Media City, Dubai | 8am–11.30am.

Logged in safely? A news advisory explains why your mobile banking session could still be at risk

Cybersecurity company Protectt.ai urged banks to keep assessing application, device and transaction risks after login, warning that valid credentials do not guarantee a safe session

Gulf Business
Gulf Business

19 October, 2026

Logged in safely? A news advisory explains why your mobile banking session could still be at risk
Image: Getty Images/ For illustrative purposes

TT

16

A successful mobile banking login does not necessarily mean a customer’s session remains secure, cybersecurity company protectt.ai. warned on Monday, urging financial institutions to monitor risks continuously before money or sensitive data moves.

The mobile application security, fraud prevention and digital trust company said fraudsters were increasingly working around authentication by manipulating customers or compromising their devices after access had been granted.

A customer could use a bank’s genuine application on a registered phone and log in with valid credentials while a remote-access tool, screen-sharing application, overlay or another form of compromise allowed someone else to observe, influence or control activity during the session, it said.

The advisory comes as UAE financial institutions expand mobile-first services, instant payments and connected financial experiences. Protectt.ai said banks needed to reassess trust across the application, device and transaction throughout each session.

Fraud risk beyond the login screen

Research by the Global Anti-Scam Alliance, conducted with Trend Micro and published on January 27, surveyed 1,000 UAE residents. One in three respondents reported losing money to scams in the preceding year, across digital and communication channels. The finding concerns scams broadly, rather than mobile banking fraud alone.

Separately, Gartner’s public abstract for its August 3 research, How to Enhance Application Security by Deploying Application Detection and Response, argued that application security testing and frontline controls alone were insufficient. It highlighted the need to protect applications while they are running.

“Authentication confirms that a recognised customer has entered the application. It cannot, on its own, confirm that the device and the session remain safe throughout the transaction. Banks need visibility into what is happening while the application is running so they can recognise risky conditions and intervene before fraud is completed,” said Manish Mimani, founder and CEO of Protectt.ai.

The company identified potential warning signals including remote-control or screen-sharing tools operating during banking sessions, rooted or jailbroken devices, screen overlays, application cloning, runtime hooking and attempts to tamper with application behaviour.

Such conditions can emerge or change after authentication, making a single security decision at login less reliable as a session continues, it said.

When a transfer needs another check

Protectt.ai recommended treating device integrity as part of transaction risk.

A high-value transfer from a device showing signs of remote control, tampering, or abnormal execution should carry a different risk profile than the same transfer on a healthy device, it said.

Banks should also connect security signals detected within applications to their fraud and transaction-monitoring systems.

Assessing those technical indicators alongside behavioural and transactional anomalies could help institutions decide whether to allow an action, request further verification, pause a transaction or suspend a session.

“Mobile applications are now the primary financial front door for many customers in the UAE. The challenge is to protect that experience without adding unnecessary friction. A risk-based response allows banks to intervene proportionately when the application or device shows signs of compromise while keeping routine journeys smooth for genuine customers,” said Pushkar Singh, country head, Middle East and Africa at Protectt.ai.

The company said visibility into applications while they are running complemented existing investment in secure development, identity, network defence, application programming interfaces and transaction monitoring.

Detecting manipulation or unsafe device conditions during use could allow a bank to intervene while a session remained active, rather than investigating only after a fraudulent payment had been completed.

Protectt.ai, which operates across India, the Middle East and North Africa, Southeast Asia and the US, said it covered more than 350 sensitive mobile applications and over one billion unique devices, had safeguarded more than 100 billion sessions and had prevented over eight billion threats.

Breaking boundaries: Five young Emirati female athletes tell us what it means to change the narrative

A recent panel at Middlesex University Dubai brought together Emirati sportswomen to discuss identity, ambition and the barriers they have faced, highlighting the funding, coaching and family support needed to help more girls enter sport and stay in it. Here’s what they told Gulf Business

Neesha Salian
Neesha Salian

19 October, 2026

Breaking boundaries: Five young Emirati female athletes tell us what it means to change the narrative
Image courtesy: WAM/ Middlesex University

TT

16

Zamzam Al Hammadi is 18. She is the UAE’s first female professional MMA fighter, and she says that also makes her the oldest Emirati woman in the sport.

I’m the oldest in MMA now. I’m 18 years old only,” she says. In 2023, the year she became a jiu-jitsu youth world champion, she recalls feeling isolated: “I really didn’t have any friends.”

Each woman on the stage at Middlesex University Dubai‘s Knowledge Park campus on September 30 had faced some version of that. The session, titled We Emerge Stronger and Better: Identity, Heritage & the Next Generation, opened Women in Sport: Changing the Narrative and Breaking Boundaries.

The three-part series is run by the university’s London Sport Institute in Dubai, and its focus goes beyond medals: it asks how more women and girls in the region can take part in sport, keep progressing and build careers in the industry.

“Sporting achievements deserve to be celebrated, but it is just as important to look at the opportunities, support systems and pathways that make those achievements possible,” said Charvi Ajay Bhatt, sports partnerships and development executive at MDX Dubai, in a statement. “Through this series, we aim to create an ongoing conversation around how more women can participate in sport, continue progressing, and build meaningful careers across the sector.”

Emirati weightlifter and mental health advocate Amna Al Haddad moderated. With her were Al Hammadi, who also fights for PFL MENA; Maryam Alfarsi, the first Emirati woman to sprint at the Olympic Games; Maha Al Shehhi, the national team swimmer who competed at Paris 2024; and snowboarder Amenah Almuhairi, who has represented the UAE at the Asian Winter Games and the Youth Olympic Games. Gulf Business spoke to them on the day.

Starting from nothing

Some found their sport by accident. Almuhairi started because of her mother. She and her siblings learned to ski, and on a family trip to Bosnia, when she was seven, she switched to snowboarding. She started competing at 13.

“It’s not a very common thing to hear that a person from the UAE, especially, is a freestyle snowboarder,” she says. “But I think we do really need to set the standard that we can do whatever we set our minds to, no matter any challenges.”

When Al Shehhi started, she had no swimmers to look up to. “It’s been a challenge for me at the beginning because there was never anyone who did the sport, but now there are many youngsters who are starting to swim,” she says.

She trains in the morning and again in the afternoon, with gym sessions in between, and has done so for seven years. She says it changed her. “It changed me into a whole different woman, a whole different person that I am today. I became more mentally strong. I’m able to speak up for myself.”

Proving a point

When you represent the UAE in a sport nobody links with the country, you spend a lot of time explaining. For Almuhairi, that is the main downside of snowboarding: “having to constantly repeat myself in the way of showing my country in a different light to what a lot of people that don’t live in Dubai have an image of. But I love it.”

Al Hammadi works in a sport she calls male-dominated, and she carries the same sense of responsibility into every fight. “I’m not representing myself,” she says. She sees herself as fighting for her country and for Emirati women. She would also rather her record spoke than she did: “The achievement, it talks, not me.”

Her results are now drawing other girls in. She says 25 girls she helped train competed at world championships this year, and all of them won medals. “They were like, Zamzam, we joined because of you.”

Al Shehhi has heard similar things from young swimmers at competitions. One girl told her: “My father saw you and I told him I could swim.”

The athletes agree that things are better than they were, and that much of the change is recent.

Alfarsi ran the 100 metres at Paris 2024 aged 16. “I think the sports in the UAE have changed dramatically, and we have so much room to go,” she says. “We’re still new at this, so there’s so much more room for improvement here.”

Al Haddad names two changes: “There is more acceptance and more access, and that is a great step forward.”

What still needs to change

The bigger problem, Al Haddad says, is keeping athletes in sport long enough to reach their potential. “There is still no sustainability in retaining athletes in the region for the long haul,” she says. In her view, building an athlete takes decades, not a few seasons, and it needs funding, sponsorship, good coaches, proper facilities, sport science and sports psychology.

Funding is a constant worry. “As athletes, we chase funding a lot to pay for competition entries, to fund our flights, our training, our coach,” she says. Coaching can be hard to find as well. Al Haddad started weightlifting later than most. Coaches in the UAE were focused on younger athletes and didn’t know how to train her. “I personally had to travel abroad for a year and a half to train to get proper training in Olympic weightlifting,” she says.

Education came up too. Almuhairi studies at the London Sport Institute in Dubai, and on the panel she explained how a flexible timetable lets her fit her studies around training and competitions. The panel argued that young athletes shouldn’t have to choose between university and sport. Almuhairi came to the interview straight from a full day of classes.

She thinks girls in niche sports need the most help. “We really need to put an emphasis on support for girls, but especially girls in unconventional sports,” she says. “It is the only way that we’ll see any more upcoming female athletes.”

For Alfarsi, the answer is visibility. “The more that you see it, the more that people obviously don’t look at it as more of a stereotype, but more as a norm,” she says. “I think that’s very important for families to see here in the UAE.”

Families are also where Al Shehhi still meets resistance. “There’s still some close-minded here and there,” she says. Her message to parents is to let their daughters compete, “because you never know, maybe she’ll become world champion”.

For some of them, sport is only part of the plan. Alfarsi has started an edtech company with a co-founder and turns 19 in a few months. “I think my journey is getting started,” she says.

Al Hammadi wants to compete internationally at senior level, and she wants other women her age alongside her. “My mission now is to see someone who’s as old as me come and support me to pave the way more for women in sports.”

The series has two more sessions planned in the coming months. Women’s Health: Training Through Every Life Stage will cover wellbeing and exercise through different stages of life. Breaking Into the Game: Women’s Careers On and Off the Field will look at jobs for women across the sports industry, not only for athletes.

In their words

Asked what they would say to the next generation, each gave a short answer.

“If you can dream it, you can do it. There are no limitations other than your mind.” – Amenah Almuhairi

“Don’t confine yourself to other people’s expectations.” – Maryam Alfarsi

“If you have a dream, go for it and achieve it.” – Zamzam Al Hammadi

“You don’t need permission. Go for it… Do it because your story matters.” – Amna Al Haddad

Here’s what ADGM chairman told London’s top investors about Abu Dhabi

Addressing influential investors in London, ADGM chairman Ahmed Jasim Al Zaabi revealed that 14 global financial institutions managing more than $5tn plan to establish a presence in Abu Dhabi

Gareth van Zyl
Gareth van Zyl

19 October, 2026

Here’s what ADGM chairman told London’s top investors about Abu Dhabi
H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM, addressing the crowd of top investors in London. (Image: Supplied)

TT

16

Abu Dhabi took its investment pitch to London’s financial heavyweights last week, armed with a striking figure: 14 global financial institutions managing more than $5tn in assets had announced plans to establish a presence in the emirate during the first half of 2026.

Ahmed Jasim Al Zaabi, chairman of Abu Dhabi Global Market (ADGM), delivered the message at the third Abu Dhabi Investment Forum on October 15, as the emirate stepped up efforts to attract international capital and deepen ties with British investors.

“We have the capacity to invest for decades, and the agility to act today,” Al Zaabi told the gathering.

Held at The Peninsula London and organised by the Abu Dhabi Investment Office (ADIO), the forum brought together senior investors, financial institutions and business leaders to explore opportunities in the emirate. Last year’s edition attracted around 400 participants, including representatives of approximately 180 UK institutions.

Al Zaabi’s address offered a glimpse of Abu Dhabi’s ambitions to become a leading international financial centre, backed by long-term capital, competitive energy costs and an expanding non-oil economy.

The $5tn figure reflects the combined global assets under management of institutions planning to enter ADGM, rather than money committed to Abu Dhabi.

It builds on an announcement in May, when ADGM said eight financial institutions managing $4.4tn had unveiled expansion plans during March and April.

Capital Group, Man Group, Bain Capital, Barings and Hillhouse Investment are among the prominent investment firms that have announced plans or established operations in ADGM this year.

Why Abu Dhabi is attracting attention

Abu Dhabi’s push to attract global financial firms comes as the emirate climbs the rankings of the world’s leading financial centres.

In September, it jumped eight places to 13th in the Global Financial Centres Index, compiled by London-based consultancy Z/Yen and the China Development Institute.

ADGM has also reported a surge in activity. Assets under management rose 54 per cent year-on-year during the first half of 2026, while the number of fund and asset managers climbed 23 per cent to 190.

The London pitch comes against a backdrop of deepening commercial ties between the UAE and Britain. Bilateral trade reached £25bn in 2025, according to the UK Department for Business and Trade, making the UAE Britain’s largest trading partner in the Gulf.

But Al Zaabi stressed that attracting international capital required more than investment opportunities alone.

“Because capital needs more than opportunity,” he said. “It needs clarity to make decisions, confidence in the rules, and the speed to move.”

He pointed to ADGM’s direct application of English Common Law, independent courts and regulatory framework as advantages for international firms considering a regional base.

Beyond financial services, Abu Dhabi is also betting on artificial intelligence, advanced manufacturing, energy and life sciences to drive its next phase of growth.

Al Zaabi said the emirate’s economy expanded 7 per cent in 2025, with non-oil activity growing 8 per cent and accounting for more than half of GDP.

The chairman closed with a broader message about how Abu Dhabi intends to measure the success of its investment strategy.

“Our measure of progress is not simply how much capital comes to Abu Dhabi, but how much opportunity that capital creates,” he said.


Read the ADGM chairman’s full speech below

Ahmed Jasim Al Zaabi, Abu Dhabi Investment Forum, London, October 15, 2026

Your Excellencies,
Distinguished guests,
Ladies and gentlemen,
Good morning.

It is a pleasure to return to London for the third Abu Dhabi Investment Forum.

Abu Dhabi is playing an increasingly influential role in the global economy.

Not only through the scale of our investments, but through the industries we are advancing, the enterprises we are enabling, and the markets we are reaching.

In 2025, Abu Dhabi’s economy grew by 7%, and our non-oil economy grew by 8%, contributing more than half of total GDP.

Across artificial intelligence, advanced manufacturing, energy, and life sciences, we are developing industries that will shape future markets.

Our businesses are extending their international reach, establishing partnerships, and entering new markets.

Abu Dhabi has long-term capital, competitive energy, world-class infrastructure, and access to some of the world’s fastest-growing markets.

We have the capacity to invest for decades, and the agility to act today.

Because capital needs more than opportunity.

It needs clarity to make decisions, confidence in the rules, and the speed to move.

This is the foundation of our approach to the speed of doing business.

Removing barriers, accelerating decisions, and enabling enterprises to invest, expand, and operate internationally.

We see these advantages reflected in Abu Dhabi’s financial sector.

ADGM operates under the direct application of English Common Law.

Supported by independent courts and a regulatory framework that uphold transparency, fairness, and the enforceability of commercial rights.

And global institutions are responding.

In the first half of 2026 alone, fourteen major financial institutions, collectively managing over 5 trillion dollars in assets worldwide, announced plans to set up in ADGM.

Ladies and gentlemen,
Abu Dhabi has always taken the long view.

Our leadership has built the foundations of an economy designed not only to compete today, but to create prosperity for generations to come.

And as we look ahead, our measure of progress is not simply how much capital comes to Abu Dhabi, but how much opportunity that capital creates.

For businesses to expand,
industries to advance,
and people to prosper.

We invite you to be part of that future.

Thank you.

More news in interviews-2

Transcorp founder Rodrigue Nacouzi on his next big bets in UAE tech and logistics