Author: Arabian Media staff
Maha Al Shamsi, co-founder of MSKD Global/Image: Supplied A new generation of Emirati entrepreneurs is reshaping how global capital meets local opportunity. Among them is Maha Al Shamsi, co-founder of MSKD Global, a firm redefining commercial brokerage through strategic alignment, cross-border expertise, and a deep understanding of the UAE’s economic vision. For Al Shamsi, commercial brokerage is no longer about transactions — it’s about transformation. “Commercial brokerage is no longer about simply connecting buyers and sellers; it has evolved into a strategic advisory role that requires deep knowledge of global capital flows, regulatory frameworks, and local market opportunities,” she says.…
Image: Getty Images/ For illustrative purposes First Abu Dhabi Bank (FAB), the UAE’s largest lender, has issued its second blue bond — a $20m, three-year issuance — marking another step in its efforts to finance ocean and water-related projects that advance climate resilience and environmental sustainability. The new issuance follows FAB’s inaugural blue bond in August, bringing the bank’s total blue bond issuances to $70m. Blue bonds, still relatively new in global capital markets, channel investment toward initiatives that conserve marine ecosystems, safeguard coastlines, and promote blue carbon projects. The bank’s issuance aligns with its 2023 Sustainable Finance Framework and…
Self-driving electric trucks are now on the move in a UAE industrial zone, the result of a first-of-its-kind partnership between autonomous vehicle developer Evocargo and RAK Ceramics. The trucks, known as the Evocargo N1, are now fully integrated into RAK Ceramics’ logistics operations in the Al Jazeera Al Hamra industrial zone, where they ferry products between key facilities. Evocargo says the vehicles can navigate dynamic environments in real time, detecting and interpreting road signs, lane markings, pedestrian crossings and other infrastructure features. Each truck offers a range of up to 200km on a single charge. The N1 is powered by…
Image: WAM Abu Dhabi Airports, Al Hail Holding and technology partner Xare have signed a memorandum of understanding (MoU) aimed at advancing the UAE’s position as a global hub for tourism, fintech, and sustainable mobility. The collaboration will pilot next-generation payment solutions and smart transport initiatives designed to enhance passenger experiences and support the nation’s digital economy ambitions. Under the agreement, the partners will develop a regulated digital wallet for inbound travellers, to be piloted at Zayed International Airport. The wallet will enable secure, cashless transactions and offer visitors a streamlined platform for payments across airport services, integrating stablecoin and…
Image: Getty Images/ For illustrative purposes Business travel demand in the Middle East and North Africa (MENA) region surged by 30 per cent in Q3 2025. This recovery was driven by a busy September booking period that offset earlier regional disruptions, according to a report released Thursday by Tumodo, a UAE-based online business travel platform. The quarter saw an initial “unexpected pattern” due to political volatility, which caused widespread trip cancellations and some airport closures. However, September emerged as the busiest booking month of the quarter, coinciding with the end of the vacation season and a post-crisis recovery. The data…
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Muhammad Ovais Yousuf, PIF’s Head of Aviation, at a panel discussion at the 2024 Future Aviation Forum. (Image: Facebook) Riyadh Air’s official passenger launch is “imminent”, and the aviation sector is critical to Saudi Arabia’s economic growth as it is highly accretive and delivers a GDP multiplier effect of up to fourfold. That’s according to the PIF’s Head of Aviation, Muhammad Ovais Yousuf, who spoke to Gulf Business in an exclusive interview just a day after Riyadh Air announced its inaugural test flight to London. On Wednesday, Riyadh Air, owned by Saudi Arabia’s Public Investment Fund (PIF), said it will begin…
Images: Supplied At the recent 2025 World Congress for Self-Driving Transport in Dubai, Tensor made global headlines with the debut of what it calls the world’s first ‘personal’ Level 4 autonomous vehicle — the Tensor Robocar. Following its debut, Tensor will also be at GITEX Global 2025 to advance the dialogue from industry vision to tangible, real-world application, the firm said in a press statement. Unlike fleet-operated or ride-hailing autonomous vehicles, Tensor’s innovation puts full self-driving capability in the hands of individual owners, marking a major milestone in personal mobility. In this conversation, Amy Luca, CMO, discuss how the company’s…
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