Sheikh Ahmed Dalmook Al Maktoum enhances Gulf’s global presence via investments

Sheikh Ahmed Dalmook Al Maktoum enhances Gulf’s global presence via investments

Dubai has transformed into a vital global center for trade, finance, and logistics, challenging traditional notions of what a small Gulf state can achieve. Leading this transformation is Sheikh Ahmed Dalmook Al Maktoum, who is actively promoting sophisticated development models and corporate governance to emerging markets throughout Africa, Asia, the Caribbean, and Latin America. His efforts signify a broader ambition to establish Dubai as a knowledge exporter for sustainable development.

Strategic Investments Across Multiple Sectors

As the Chairman of Inmā Emirates Holdings, Sheikh Ahmed Dalmook Al Maktoum has developed an extensive investment portfolio that spans over 15 countries and six diverse sectors. This strategy is intentional, aimed at positioning Dubai and the UAE as frontrunners in sustainable growth. By leveraging its expertise in infrastructure, smart governance, and public-private partnerships honed through rapid modernization, the UAE is uniquely qualified to support developing economies.

The investment portfolio includes critical sectors such as energy, technology, transportation infrastructure, real estate, and sustainability initiatives. This approach reflects a rising trend economists describe as South-South collaboration—where emerging economies form partnerships among themselves, bypassing traditional Western-led institutions in favor of direct engagement. Such collaborations can drive economic growth and strengthen ties between countries.

Replicating the Dubai Development Model

The UAE’s remarkable transformation serves as a blueprint for this strategy. Over the past 50 years, the federation has transitioned from a largely barren desert into a burgeoning economy with state-of-the-art infrastructure, connecting Eastern and Western markets. Sheikh Ahmed Dalmook’s investments aim to replicate essential elements of this success in areas where inadequate infrastructure poses significant hurdles to economic progress.

A key project illustrating this strategy is a 50-year concession with Karachi Port Trust, created in partnership with Abu Dhabi Ports. This venture places UAE entities at the core of Pakistan’s maritime trade infrastructure, managing and developing critical berths at Karachi Port. The initiative signifies not just operational expertise but also substantial investment over the next decade, benefiting a country where external trade plays a crucial role in GDP.

Energy Infrastructure as a Cornerstone

A focal point within the investment portfolio is energy infrastructure, emphasizing the understanding that a reliable power supply is fundamental to economic development. Investments in both traditional and renewable energy sources are tailored to meet the specific needs of partnering nations. For instance, in Pakistan, a long-term green energy project aims to establish 1,200 megawatts of solar and wind capacity, facilitating the nation’s transition to clean energy while fostering workforce development.

West Africa also has unique energy requirements. Here, Inmā is addressing immediate industrialization needs through a 250-megawatt power plant in Ghana. Additionally, the implementation of a 36.6-megawatt diesel power plant in Equatorial Guinea enhances energy supply stability and boosts socio-economic development.

The Role of Digital Infrastructure

Another critical dimension of the investment strategy focuses on digital infrastructure. This aspect is increasingly crucial for nations looking to participate fully in the global economy. In Guyana, a national ID program is being launched to establish secure digital identity systems, enabling greater financial inclusion, efficient public service delivery, and enhanced democratic participation. In Pakistan, a collaboration with Huawei is equipping schools with Smart Classroom technology, emphasizing the importance of digital tools in education.

Overall, Sheikh Ahmed Dalmook’s investment initiatives have garnered recognition from various UAE authorities, showcasing the diplomatic and commercial objectives of this portfolio. By prioritizing long-term partnerships over short-term gains, these investments not only mitigate risks but also position the UAE as a trusted partner in new markets. This approach complements Dubai’s broader strategy to diversify its economy beyond hydrocarbons, making its wealth of expertise available on a global scale.