Shark Tank Dubai Returns For A Second Season Of Innovation And Investment

Shark Tank Dubai, the innovative platform for budding entrepreneurs, has made a striking return to Dubai TV. This initiative is strategically aligned with Dubai's D33 economic agenda, aiming to position the city among the world’s top three economic hubs.

The show not only underscores Dubai Media's commitment to fostering young talent and innovation but also serves as a conduit for entrepreneurs to connect with leading investors from across the globe. By facilitating access to investment, advice, and expertise, the program plays a pivotal role in nurturing entrepreneurial ventures and aligns with the broader goal of enhancing Dubai's economic landscape.

The program's significance is further amplified by its direct impact on Dubai's business ecosystem, particularly in bolstering small and medium enterprises (SMEs) that are vital to the region's economic growth. Airing every Thursday evening at 10:30 UAE time, Shark Tank Dubai provides a unique platform for over 65 entrepreneurs worldwide to showcase their business models to a panel of seasoned investors. This engagement not only promotes entrepreneurship and innovation but also supports job creation, thereby contributing to the economic vitality of Dubai.

Season Highlights and Achievements

The show's previous season set a high benchmark, with more than 80 entrepreneurs participating and investments surpassing the Dh45 million mark. This achievement benefited over 26 projects, notably House of Pops, which secured a record Dh10 million investment for an 8% company stake. The success of the first season, evident in its viewership numbers on Dubai TV and the Awan digital application, showcases the show's ability to inspire and facilitate the growth of innovative business ideas.

Sarah Al Jarman, Head of TV and Radio Channels at Dubai Media, emphasized the organization's dedication to realizing Dubai's ambitious vision. Al Jarman highlighted Dubai's ongoing efforts to draw investors and entrepreneurs globally, leveraging the city's provision of ample opportunities for business growth. She pointed out that the diversity of projects and ideas in the upcoming season reflects the success of the inaugural season and underscores Dubai Media's commitment to empowering the youth and entrepreneurs.

The investor panel for the new season boasts a mix of familiar faces alongside new entrants, ensuring a broad spectrum of expertise. Returning members include Elie Khoury, with over 30 years in marketing and investment, and Faisal Bin Juma Belhoul, a prominent figure in healthcare and education investment. Ameera Sajwani also returns, bringing her vast experience in real estate development and sales strategy. New to the program are Adel Sajan, General Manager of Danube Group, and Mohammed Ballout, co-founder and CEO of Kitopi, among others. These additions promise fresh perspectives and opportunities for the participating entrepreneurs.

Moreover, the program will introduce entrepreneurs to a variety of leaders, such as Seema Ved, founder of Apparel Group, and Mona Kattan, founder of Kayali Perfumes, showcasing successful women in business. These leaders bring a wealth of experience from various sectors, further enriching the program's offering to entrepreneurs. The involvement of Ahmed Al Suwaidi and Matt Higgins on the Investors Committee will also highlight the emirate's conducive investment environment, showcasing Dubai's global appeal as a safe and innovative business hub.