Entrepreneur and investor Matt Higgins becomes the first shark on the U.S. and Dubai versions of the hit " Shark Tank " franchise, a show that allows investors to pitch their ideas to raise money from a panel of investors.
Shark Tank Dubai: Higgins joins "Shark Tank Dubai" for the second season as a guest shark, where he will compete for deals from companies in the region alongside fellow investors Faisal Belhoul, Amira Sajwani, Elie Khouri and Adel Sajan.
"Ever since I first stepped foot in the UAE, I was struck not only by the tremendous entrepreneurial spirit on the ground, but also how supportive the regulatory environment is for startups. Everyone is aligned in fostering a culture of experimentation, innovation, and lowering the bar to taking risks," Higgins told Benzinga in an exclusive interview.
Higgins highlighted the growth of the United Arab Emirates in the interview and the opportunities for investors.
"I've already invested in property in Abu Dhabi, and Dubai is next. I've expanded businesses in my portfolio, such as Magnolia Bakery, into the UAE because I truly believe the region provides limitless potential. I believe in the near future, UAE will become one-stop shopping for U.S. brands looking to expand internationally to India and beyond."
Higgins said "Shark Tank" highlights the "dream of financial freedom through business ownership" and the UAE embodies innovation and technological experimentation.
"I can't think of a better place to launch Shark Tank than the UAE, given the incredible growth I see happening in Dubai and Abu Dhabi in particular, soon home to the greatest concentration of cultural institutions on earth and the second Sphere."
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