The Smashi Business Show

B’laban Closures in Egypt; Chinese Traders on TikTok; New Red Sea Island

17 Apr 2025

Contributed by Lukas

HEADLINES:- UAE Tops Saudi Arabia’s Arab Export Markets in Q4 2024, Trade Surplus Soars 37%- B’laban Denies Poison Rumors as Giza Closes 12 Desser...

MOE Expansion; Dubizzle Buys Property Monitor; Saudi F1 Team?

16 Apr 2025

Contributed by Lukas

HEADLINES:- Majid Al Futtaim has announced a AED5 billion investment to transform Mall of the Emirates- Dubizzle Group buys UAE's Property Monitor por...

UAE Tax Review; Saudi Covers Syria Debt; Dubai & Trump Tariffs

15 Apr 2025

Contributed by Lukas

HEADLINES:- HH Sheikh Mohammed reviews UAE tax and launches AI efficiency drive at Cabinet meeting- Dubai tops list of world's busiest international a...

Dubai Traffic Plan; AED1.4B Drainage Plan for Dubai; More Women in AI in KSA

14 Apr 2025

Contributed by Lukas

HEADLINES:- Dubai's RTA Reveals Roads and Transport Plan 2030- DP World has officially begun development on Bharat Mart- Dubai Municipality has Awarde...

HH Sheikh Hamdan's India Trip; Prada Buys Versace; Tesla's KSA Launch

11 Apr 2025

Contributed by Lukas

HEADLINES :- HH Sheikh Hamdan and India’s Minister of Commerce and Industry witness signing of 8 agreements- Prada is buying Versace for $1.38B...

Trump Tariff Pause; Sheikh Hamdan at BSE; Tesla Eyes KSA; UAE Retirement

10 Apr 2025

Contributed by Lukas

HEADLINES:- Trump Pauses Reciprocal Tariffs but 10% Blanket Tariffs Still in Place- Elon Musk's Tesla is Launching Today in Saudi Arabia- HH Sheikh Ha...

HH Sheikh Hamdan in India; MENA Stocks Rebound; MBC Has New CEO

09 Apr 2025

Contributed by Lukas

HEADLINES:- His Highness Sheikh Hamdan Visits India As UAE-India Trade Booms Under CEPA- Middle Eastern Stock Markets Returned Back to Green on Tuesda...

Gulf Markets Slide, Dubai IPOs Surge, PGA Says No to $15.B from Saudi PIF

08 Apr 2025

Contributed by Lukas

HEADLINES : - Middle Eastern and Global Markets Plunge Further Over Tariffs and Oil Prices- DFM Chief “very optimistic” about continued IPO m...

Mideast Markets Fall, Jordan Hit by Tariffs, Dubai's Mega Bridge

07 Apr 2025

Contributed by Lukas

HEADLINES:- Aramco loses $90B as Middle Eastern Markets crash, Asian Markets Open Red on Monday- Jordan risks sharp economic hit as the Middle East's ...

MENA, Global Markets Crash; B Laban, Crisis Management, McLaren

04 Apr 2025

Contributed by Lukas

HEADLINES:- All Red in UAE, Saudi, Egypt, as Markets Come Crashing Down- B Laban's case and the Importance of Crisis Management- Abu Dhabi’s CYVN Ho...

Trump hits Middle East with tariffs; Sajwani reaches $10B; Dubai taxis ready

03 Apr 2025

Contributed by Lukas

HEADLINES:- Trump Imposes Reciprocal Tariffs on UAE, Saudi Arabia, the Middle East & World- Founder of Damac Group Hussain Sajwani’s Wealth Doub...

Trump confirms Gulf visit; B Laban closure in Saudi; Flynas IPO approved

02 Apr 2025

Contributed by Lukas

HEADLINES:- Trump confirms Saudi Arabia visit in May, adds UAE and Qatar to itinerary- Saudi Arabia Reportedly Closes Egyptian Dessert Chain ‘B Laba...

UAE Central Bank Unveils New Dirham Symbol

28 Mar 2025

Contributed by Lukas

HEADLINES:- UAE Central Bank Unveils New Dirham Symbol- UAE’s Sukuk Top in the World as Emaar and Aldar Lead Global Rally- e& Sells, MGX and Sil...

Pokemon Go, but PIF-backed Scopely wants more; Tesla in Saudi; Masdar's IPO Talks

27 Mar 2025

Contributed by Lukas

Headlines:- Saudi PIF-backed Scopely is Eyeing Acquisition of More Hit Titles- Tesla to Launch in Saudi Arabia on April 10- UAE Renewables Giant Masda...

UAE Hawala Crack Down 'Working'; BlackRock x Emirates NBD; Gulf's CEO Retention Policy

26 Mar 2025

Contributed by Lukas

Headlines : - UAE's Crackdown on Illegal Money Transfers, Hawala, is 'working'- UAE and Saudi companies use long-term salary bonuses to attract C...

Saudi PIF Cuts 20%; Warner Bros. Invests in OSN; Temasek Expands in Abu Dhabi

25 Mar 2025

Contributed by Lukas

HEADLINES:- Saudi PIF Orders Deep Spending Cuts Across Over 100 Companies: AGBI- Temasek’s $54 Billion Asset Management Unit Opens Abu Dhabi Office-...

UAE to Invest $1.4T in US; FIX Founder Meets HH Sheikh Mohammed in Dubai

24 Mar 2025

Contributed by Lukas

HEADLINES:- UAE Pledges $1.4 Trillion Investment in U.S. Over 10 Years- Viral Dubai Chocolate FIX Founder Sara Hamouda meets HH Sheikh Mohammed- Dubai...

Mubadala Weighs Du Stake Sale, ADQ’s $25B Deal, Adani Eyes $1.4B Emaar Buyout

21 Mar 2025

Contributed by Lukas

HEADLINES:- Mubadala Weighs Selling Part of $1 Billion Stake in Du- ADQ, Energy Capital Partners Announce $25B+ Data Center Energy Deal- Adani in Adva...

Ben & Jerry’s Sues Unilever; xAI Joins $30B Plan; Sheikh Tahnoon Meets Musk

20 Mar 2025

Contributed by Lukas

HEADLINES:- Ben & Jerry’s Accuses Unilever of Silencing Support for Gaza- Musk's xAI is joining MGX, Microsoft, Blackrock for their $30B AI Plan...

Google to Pay $32B for Wiz; Sheikh Tahnoon Meets Trump; Suez Losses $800M

19 Mar 2025

Contributed by Lukas

HEADLINES:- Google acquires Israeli cybersecurity startup Wiz for record $32 billion- HH Sheikh Tahnoon meets President Donald Trump on US visit- Egyp...

AD Property Prices Rise; Arab GDP Grows; US Interferes in Lebanon

18 Mar 2025

Contributed by Lukas

HEADLINES:- Residential rents grew 20 percent in 2024, while sales prices climbed by 11 percent in Abu Dhabi: report- Arab Region’s GDP Hits $3.6 Tr...

Sheikh Tahnoon’s US Visit, Durov Leaves France, Binghatti Wins AED 35M Plate Bid

17 Mar 2025

Contributed by Lukas

HEADLINES:- HH Sheikh Tahnoon Bin Zayed’s Official Visit to the US Starts Today- Telegram Founder Durov Allowed to Temporarily Leave France: AFP Rep...

Weekend Edition: Qatar’s Gas Deal, DP World’s Growth, Tesla in Israel

15 Mar 2025

Contributed by Lukas

– Qatar supplies gas via Jordan to aid Syria’s electricity crisis, marking a major policy shift.– Record revenue of $20 billion, strategic inves...

China’s Auto Surge in UAE, More on PwC’s PIF Fallout, and Saudi Football’s Spending Shift

14 Mar 2025

Contributed by Lukas

HEADLINES:- Chinese Automakers Gain Ground in UAE as Ramadan Competition Heats Up- PwC’s Consulting Ban From PIF Has Deloitte, EV and others Hunting...

MGX's $2B in Binance; Pokemon Go's New Home; Leos Founder Interview

13 Mar 2025

Contributed by Lukas

HEADLINES:- Abu Dhabi's MGX Invests $2 Billion in World's Biggest Crypto Exchange Binance- Saudi-Owned Scopely has Acquired Pokémon Go in $3.5 Billio...

Aramex Surges with ADQ Takeover; UAE Women Entrepreneurs Go Digital

12 Mar 2025

Contributed by Lukas

HEADLINES:- Aramex Shares Climb as ADQ Secures Majority 58% Stake- Egyptians are Leading the Growth Rate of Foreign Buyers in Dubai’s Property Marke...

PIF Launches Duty-Free Retail; Sheikh Tahnoon Eyes $1B Cooling Sale

11 Mar 2025

Contributed by Lukas

HEADLINES:- Sheikh Tahnoon’s Multiply Group Targets $1B Cooling Unit Sale- PIF Unveils Saudi Arabia’s First Duty-Free Retail Venture- Adnoc Set to...

Women’s Tennis Players Eligible for Maternity Leave Funded by Saudi Arabia

10 Mar 2025

Contributed by Lukas

HEADLINES:-WTA Introduces Paid Maternity Leave with Saudi PIF Backing-Trump Plans Saudi Arabia Visit Amid Military Deals and Diplomatic Talks-Europe B...

Weekend Edition: PwC vs. PIF Clash, Saudi’s 2km Tower, and Qatar Airways’ Future Strategy

09 Mar 2025

Contributed by Lukas

Description:In this weekend edition of the Smashi Business Show, Abdul Majid Awan breaks down three major business stories. We dive into the fallout b...

Talabat Acquires InstaShop; Starbucks Closes in Jordan; New Boxing League

07 Mar 2025

Contributed by Lukas

HEADLINES:-  UAE-Based Talabat Acquires InstaShop From Delivery Hero in $32 Million Deal- Starbucks Closes Four Branches in Jordan as Boycott Pre...

Khaleej Times Editor-in-Chief Fired; New Saudi Marketing Investment Authority; Aviation Updates

06 Mar 2025

Contributed by Lukas

HEADLINES:-  Saudi Arabia Launches Investment Marketing Authority to Boost FDI- UAE's Khaleej Times Editor-in-Chief Fired After 16 Months in Char...

$53B Gaza Reconstruction, BlackRock GIP in Qatar, Saudi Ninja IPO

05 Mar 2025

Contributed by Lukas

HEADLINES:-  Arab Leaders Approve $53 Billion Gaza Reconstruction Plan, Rejecting 'Trump Gaza'- BlackRock’s GIP Expands to Qatar as Global Inve...

Dubai Job Market, EU Resumes Syria Trade, and HH Sheikh Tahnoon Updates

04 Mar 2025

Contributed by Lukas

HEADLINES:- Dubai’s Expat Boom Reshapes Job Market, Salaries & Lifestyles, Reports Bloomberg- EU Reopens Trade with Syria: Strategic Aid or Econ...

Saudi PIF Bans PwC; Microsoft Opposes Gulf Chip Ban; $4B Aid to Israel

03 Mar 2025

Contributed by Lukas

HEADLINES:- Saudi Wealth Fund Suspends PwC from Advisory Work for a Year- Microsoft Pushes for AI Export Rule Changes to Gulf Allies- US Secretary of ...

Weekend Edition: PwC’s Saudi Ban, Soaring Rental Yields, and Arada’s IPO Ambitions Shape Gulf Markets

01 Mar 2025

Contributed by Lukas

Top stories: PwC’s One-Year Ban from Saudi PIF ContractsSaudi Rental Yields Lead the Gulf Amid Demand SurgeArada’s Future IPO Plans After Rec...

Markets Slip in Saudi, FBI Ties North Korea to $1.5B Crypto Hack

28 Feb 2025

Contributed by Lukas

HEADLINES:- Saudi Stocks Extend Losses on Weak Earnings; Emirates NBD Lifts Dubai- FBI Confirms North Korea’s Lazarus Group Behind $1.5B Bybit Hack-...

Smashi Business Show: PIF’s Lucid Shake-Up, UAE IPO Boom & e& Stock Surge

27 Feb 2025

Contributed by Lukas

HEADLINES:Majority-owned by PIF, Lucid Motors CEO Peter Rawlinson Steps DownUAE’s IPO Pipeline Heats Up With Major Listings on the Horizon"e& Sh...

Web Summit Qatar, Saudi Firm Sells OpenAI Stake, IHC $1B Investment

26 Feb 2025

Contributed by Lukas

HEADLINES:- Web Summit Qatar 2025- Saudi IT Firm Nets $3.4M After Selling OpenAI Stake- IHC, Led by Sheikh Tahnoon, to Invest $1B in Low- & Middle...

Snoonu founder shares story behind the name at Web Summit Day 3 updates

25 Feb 2025

Contributed by Lukas

HEADLINES:- Web Summit Day 3 Updates Live from Doha Exhibition and Conference Center- Softbank's Masayoshi San says he hasn't given returns to PIF sti...

LIVE from Web Summit Qatar; Bybit loses $1.5 Billion; Musk Tower in UAE

24 Feb 2025

Contributed by Lukas

HEADLINES:- Day 2: Web Summit Qatar 2025 is in full swing in Doha- Bybit's $1.5 billion hack and the announcement of reward- Musk Tower in UAE to be t...

Weekend Edition: All Eyes on Doha: $163M IPO, Dubizzle’s Big Move & USAID Fallout

22 Feb 2025

Contributed by Lukas

Alpha Data’s $163M IPO on ADX – UAE-based tech company Alpha Data is set to raise up to Dh600 million ($163.4M) through its IPO on the Abu Dh...

Saudi Unveils Currency Symbol; Miami Chosen for Investment Hub by KSA; IDEX & NAVDEX Deals

21 Feb 2025

Contributed by Lukas

HEADLINES:-Saudi Arabia Introduces New Currency Symbol to Strengthen Global Financial Presence-Saudi Arabia Selects Miami for Its Second US Investment...

Live from STEP Dubai: Trump Praises Saudi Arabia; Russia-US-Saudi Energy Talks

20 Feb 2025

Contributed by Lukas

HEADLINES:- Step Dubai Conference | Dubai Internet City- Trump Applauds Saudi Arabia at FII PRIORITY Summit in Miami- Putin Calls for Russia-US-Saudi ...

Dubai Luxury Property Market Booms; PIF Invests in DAZN; Grok 3 Unveiled

19 Feb 2025

Contributed by Lukas

HEADLINES:- Dubai's Luxury Property Market Will Grow 9.9% in 2025 After a 6.8% Increase in 2024- Saudi PIF's SURJ Sports Investment Acquires Minority ...

Huda Beauty and Kayali Split; Emaar Invests $7B in Egypt

18 Feb 2025

Contributed by Lukas

HEADLINES:- Huda Beauty Sells Stake in Kayali to General Atlantic- Emaar to Boost Investments in Egypt by $7 Billion, Expanding Presence in Real Estat...

Dubai's Viral Chocolate; Syria Gets Russian Cash; Musk's xAI Backed

17 Feb 2025

Contributed by Lukas

HEADLINES:Dubai viral Chocolate Founder Meets HH Sheikh Hamdan at World Government SummitSyria Receives Currency Shipment from Russia Amid Liquidity C...

Elon Musk at WGS 2025; $600B Saudi-US Trade Target Doubtful

14 Feb 2025

Contributed by Lukas

HEADLINES:- Elon Musk’s Big Ideas at World Governments Summit 2025 in Dubai- Saudi’s $600B Trade Pledge to US ‘Unlikely to Be Achieved,’ Says ...

Elon Musk at Dubai Summit: 'America should mind its own business

13 Feb 2025

Contributed by Lukas

HEADLINES:- Elon Musk tells World Government Summit in Dubai: 'America should mind its own business'- LEAP 2025 Riyadh: $24B in Investments and Deals ...

Etihad Listing Soon on ADX; Tabby Potential IPO; LEAP 2025 Updates

11 Feb 2025

Contributed by Lukas

HEADLINES:- Saudi Unicorn Tabby Hires Banks for Potential IPO, Eyes Listing on Tadawul: Bloomberg- Etihad Airways May List on ADX as Early as this Mon...

PIF Backs $5B Basketball League; $17M Sotheby's Sale in Saudi; MONIIFY Layoffs

10 Feb 2025

Contributed by Lukas

HEADLINES:- PIF Backs Ambitious $5 Billion Basketball League to Rival NBA- $17M Saudi Auction: Botero and Banksy Lead Sotheby’s Historic Debut- MONI...

Weekend Edition: UAE’s AI Bet, World Governments Summit, and Expanding India Trade Ties

08 Feb 2025

Contributed by Lukas

Headlines:- UAE’s $50 Billion Bet on AI: Building Europe’s Largest AI Hub in France- Elon Musk & Global Leaders Gather in Dubai for the World ...

MONIIFY’s Multi-Million-Dollar Gamble: Where Were the Red Flags?

07 Feb 2025

Contributed by Lukas

HEADLINES:MONIIFY’s Multi-Million-Dollar Gamble: Where Were the Red Flags?LEAP 2025 in Riyadh Poised to Transform the Tech LandscapeSaudi Arabia’s...

MONIIFY's Massive Layoffs & Altman’s Key Visit to Abu Dhabi

06 Feb 2025

Contributed by Lukas

HEADLINES:- Egyptian Billionaire Naguib Sawiris’ Media Startup in Dubai, MONIIFY, Lays Off Hundreds Just Months After Launch- Open AI's Sam Altman t...

UAE Approves Key Initiatives, BlackRock Eyes Kuwait, Riyadh Air Joins LIV

05 Feb 2025

Contributed by Lukas

HEADLINES:- UAE Cabinet Approves Major Infrastructure, Cybersecurity, and Economic Initiatives- BlackRock Eyes Kuwait Expansion to Strengthen Gulf Pre...

BlackRock plans Kuwait office; UAE gets first methanol plant; Meta AI in MENA

04 Feb 2025

Contributed by Lukas

HEADLINES:- $11 trillion AUM giant BlackRock is exploring plans to establish an office in Kuwait- Abu Dhabi’s TA’ZIZ Awards $1.7 Billion Contract ...

Al Habtoor IPO in Hospitality; Dar Global Starts Trump Tower Jeddah Project

03 Feb 2025

Contributed by Lukas

HEADLINES: - Sharjah Entrepreneurship Festival 2025 Highlights- Al Habtoor Group Considering IPO for Hospitality Arm- London-listed Dar Global st...

Dubai Luxury Homes, Trump Controversy & Germany’s Sweet Obsession Trending

31 Jan 2025

Contributed by Lukas

HEADLINES: - Expo City Dubai is turning country pavilions into luxury homes- Amjad Masad calls out Trump's executive order on antisemitism- Germa...

Anna Wintour in Dubai; Arab Health 2025; Saudi IV Fluid Factory

30 Jan 2025

Contributed by Lukas

HEADLINES: - Anna Wintour in Dubai as Vogue Arabia’s Social Media Vanishes Amid Legal Battle- Arab Health 2025: US Healthcare Fund Akkad Holdin...

Al Habtoor Exits Lebanon, Damac Expands to US, Alabbar Invests in Georgia

29 Jan 2025

Contributed by Lukas

HEADLINES: - Khalaf Al Habtoor Cancels All Planned Investments in Lebanon- Damac Launches First US Project with $15M 'Mansions in the Sky'- Moham...

The new tech buzzword is Deepseek; Americana expands in Oman; Etihad IPO imminent

28 Jan 2025

Contributed by Lukas

HeadlinesBig Tech faces heat as China's Deep Seek sows doubts on billion-dollar spending Americana Group Acquires Pizza Hut Business in Oman Etihad Ai...

Davos 2025, Saudi Arabia’s $3.4B workforce plan, Bocelli’s Bugatti home

27 Jan 2025

Contributed by Lukas

HEADLINES: - World Economic Forum 2025 in Davos: Key Highlights from 20–24 January- Saudi Arabia Offers $3.4 Billion in Cash Incentives to Trim...

Trump Seeks $1T from Saudi Arabia; Prince Alwaleed’s KHC Eyes TikTok

24 Jan 2025

Contributed by Lukas

HEADLINES: - Trump Calls for $1 Trillion Saudi Investment and Lower Oil Prices- Saudi Prince’s Kingdom Holding Eyes TikTok Investment If Musk o...

UAE to Maintain Tax-Free Status'; MGX Joins AI Giants for Stargate; UAE Companies Shine

23 Jan 2025

Contributed by Lukas

Headline:- UAE to Maintain Tax-Free Status, Says Minister of Economy at World Economic Forum 2025- Davos 2025: UAE Companies Shine in Global Brand Ran...

Mubadala's AI Bet, Jeddah Tower $26B Deal, Abu Dhabi's AED13B Digital Push

22 Jan 2025

Contributed by Lukas

HEADLINES: - Jeddah Tower: $26 Billion Project ‘Officially’ Resumes Construction- Abu Dhabi Government Digital Strategy 2025-2027- Abu Dhabi’...

Trump 2.0 and the Middle East

21 Jan 2025

Contributed by Lukas

HEADLINES: - Dubai's Property Game-Changer: Freehold Conversion on Sheikh Zayed Road & Al Jaddaf- Riyadh Air Delays Launch Due to Boeing Deli...

$1.4B Al Habtoor-Alabbar Battle, U.S. TikTok Ban, & Casa Milano's Azhar Sajan

20 Jan 2025

Contributed by Lukas

HEADLINES: - Meetings Matter: Al Habtoor Criticizes Alabbar Over $1.4 Billion U.S. Loss- TikTok Ban Sparks Arab World Debate: Freedom vs. Disrupt...

Ronaldo's Al Nassr deal, Trump's impact on KSA, and Google Pay's launch

17 Jan 2025

Contributed by Lukas

HEADLINES: Ronaldo's 'Business' Deal with Al NassrTrump’s Second Term and Its Impact on Saudi ArabiaGoogle Pay Set to Launch in Saudi Arabia in...

Prince Al-Waleed to Reopen Four Seasons Beirut; RAK Tourism +12%

16 Jan 2025

Contributed by Lukas

HEADLINES: - Saudi Prince Al-Waleed bin Talal to Reopen Four Seasons Beirut in Early 2026 - Ras Al Khaimah Reports 12% Growth in Tourism Rev...

US AI Chips Restrictions Will Affect UAE; PIF-DAZN Talks Resurface; Qatar Airways Splashes $97M

15 Jan 2025

Contributed by Lukas

Headlines--US Export Restrictions on AI Chips and GPUs Impact UAE and 119 Other Nations --Saudi Arabia’s PIF in Talks to Acquire $1 Billion Stake in...

Hussain Sajwani Backs Trump, ADQ Acquires Aramex, Safa Joins Living

14 Jan 2025

Contributed by Lukas

HEADLINES: - Emirati Billionaire Hussain Sajwani Bets Big on Trump’s Pro-Business Second Term- ADQ Offers $1.2 Billion to Fully Acquire Aramex-...

Dubai Property Prices, UAE Tech Market Growth, Emirates Autism Certification

13 Jan 2025

Contributed by Lukas

Headlines: - Mohamed Alabbar on Rising Property Prices in Dubai- UAE Technology Services Market Set to Grow by $3.8 Billion in 2025- Emirates Set...

Home Bakery, Trump Tariffs Hit Oman, Mashreq Expands to Pakistan

10 Jan 2025

Contributed by Lukas

Headlines: - Hind Al Mulla tells the story of ‘Home Bakery’ Becoming a Symbol of Emirati Pride- Oman: Trump's Tariffs May Halt Investment- Ma...

Qatar explores Syria funding, Chalhoub gets PUIG rights, Zuckerberg acts.

09 Jan 2025

Contributed by Lukas

Headlines:- Qatar Explores Funding for Syria’s Public Sector- Chalhoub Group Secures PUIG Distribution Rights in Qatar- Mark Zuckerberg ends Fact-Ch...

UAE Billionaire Hussain Sajwani to Invest $20B in US Data Centers

08 Jan 2025

Contributed by Lukas

Headlines: - UAE Billionaire Damac’s Hussain Sajwani to Invest $20B in US Data Centers- Saudi Arabia Kicks Off 2025 with $12B Bond Sale and $7B...

"Sheikh Mohammed’s $1.5B Housing Project, $108M Dubai Deal & US Expansion

07 Jan 2025

Contributed by Lukas

Headlines: - Sheikh Mohammed Approves $1.5 Billion Housing Project- US Private Credit Firm Golub Capital Expands to Abu Dhabi- Dubai Awards $108 ...

Assad Profits from Aleppo Bombing, U.S. Arms Deal, and Saudi Cinema’s Big Win

06 Jan 2025

Contributed by Lukas

Headlines: - U.S. Approves $8 Billion Arms Package for Israel- Assad Regime Turns Aleppo's Ruins into a Profitable Scrap Metal Trade- Saudi Films...

UAE Trade Hits AED 2.8T, Salaries Up 4%; Saudi Unemployment Falls

03 Jan 2025

Contributed by Lukas

Headlines: -UAE Achieves Record AED 2.8 Trillion in Foreign Trade in 2024-UAE Salaries to Rise Maximum by 4% in 2025, Says a Recent Survey-Saudi ...

Mubadala Surpasses PIF; Neom Air Taxi Partner Faces Issues

02 Jan 2025

Contributed by Lukas

Headlines: - Mubadala Overtakes PIF as World's Top Wealth Fund Spender- Neom's Air Taxi Partner Volocopter Files for Insolvency- Adnoc to Boost U...

2024 in review What happened in the Middle East in a year of records

31 Dec 2024

Contributed by Lukas

Headlines: - 2024 in review: What happened in the Middle East in a year of records- Deep dive into what UAE achieved in 2024- Deep dive into what...

UAE-China Trade via Pakistan; Nadal to Open Saudi Academy

30 Dec 2024

Contributed by Lukas

Headlines: - UAE and China to trade through a new, faster route through Pakistan- Spanish legend Rafael Nadal eyes a tennis academy in Saudi Arab...

Saudi Pauses BRICS Bid; UAE Leads Africa Investments; Wa’ed Backs Ynmo EdTech

27 Dec 2024

Contributed by Lukas

Headlines: - Saudi Arabia Pauses Full BRICS Membership Bid, Maintains Active Engagement- UAE Emerges as Africa’s Largest Investor, Championing ...

Mubadala Acquires 80% in UAE Healthcare; Food Price Controls Tighten

26 Dec 2024

Contributed by Lukas

Headlines:- Mubadala Secures 80% Stake in Leading UAE Healthcare Firms Boosting Logistics Presence- UAE Implements Stricter Price Controls on Essentia...

Telegram hits $1B revenue; UAE office surge; xAI gets $6B

25 Dec 2024

Contributed by Lukas

Headlines:- UAE’s Commercial Property Boom: Outpacing Global Leaders- Telegram Surpasses $1 Billion in Revenue, Achieves Profitability- Musk's xAI s...

Nissan, Honda to Merge by 2026; Debunk UAE's $40B Bitcoin Claim

24 Dec 2024

Contributed by Lukas

Headlines: - Nissan and Honda to Merge by 2026 as Declining Sales Push Nissan Toward Survival- UAE Holding $40 Billion in Bitcoin: Fact or Fictio...

Sports add $6.9B to KSA; seven new billionaires; Xmail for Gmail soon

23 Dec 2024

Contributed by Lukas

Headlines: Sports contributed $6.9 billion to Saudi Arabia’s GDP last yearSaudi IPO boom creates seven new billionaires Elon Musk has hint...

ADIA Joins $1T Club; Dubai’s $5.6B Blue Metro Line Approved; Anghami Gets $55M Boost

20 Dec 2024

Contributed by Lukas

Headlines: ADIA Joins the Exclusive $1 Trillion Club of Sovereign Wealth FundsDubai’s $5.6b Blue Metro Line to be completed on 2029Anghami Secu...

Oman invests in Musk's xAI; MGX in $10B Databricks; Mubadala in Crusoe

19 Dec 2024

Contributed by Lukas

Headlines: - Oman Investment Authority Invests in Elon Musk’s AI- Abu Dhabi's MGX Joins $10B Funding Round for Databricks- Abu Dhabi-based Muba...

Dubai launches drone delivery; VAT refund for online buys; Gaza report

18 Dec 2024

Contributed by Lukas

Headlines: - HH Sheikh Hamdan Launches Middle East's First-of-its-Kind Drone Delivery System- UAE to Offer VAT Refunds for Online Purchases by To...

Dubai's Parkin Mulls KSA Expansion; MNT-Halan in UAE; Microsoft Leads AI

17 Dec 2024

Contributed by Lukas

Headlines: - Parkin and BATIC Partner to Expand Smart Parking Solutions in Saudi Arabia- MNT-Halan Expands to UAE, Pioneering Financial Inclusion...

Man City’s Record Revenues, PIF Eyes Newcastle Airport, Abu Dhabi Tech

16 Dec 2024

Contributed by Lukas

Headlines: - Man City Hits Record Revenues, Chairman Predicts ‘Further Growth Ahead- Abu Dhabi’s Hub71 Expands Tech Startup Ecosystem with La...

UAE's Economic Growth Year; Saudi PIF Targets PGA Tour; Talabat Recovers

13 Dec 2024

Contributed by Lukas

Headlines: - HH Sheikh Mohammed Declares 2024 a Year of“Unprecedented Economic Growth” for UAE- Saudi Arabia's PIF Nears $1.5 Billion Stake i...

Abu Dhabi Solar Crypto Farm, UAE-Saudi Workplace Ties, BlackRock IPO Plans

12 Dec 2024

Contributed by Lukas

Headlines: - Abu Dhabi to Host $1 Billion Solar Farm for Crypto Mining- 84% of UAE and Saudi Employees Feel Connected to Their Companies- BlackRo...

Talabat's IPO Stumbles; QatarEnergy CEO Criticizes EU Tax; CYVN Buys McLaren

11 Dec 2024

Contributed by Lukas

Headlines: - Talabat’s Rocky IPO Debut- QatarEnergy CEO Questions EU Tax- Abu Dhabi's CYVN Acquires McLaren

"Renaissance State" Abu Dhabi; Bitcoin MENA Day 2; Property Finder IPO

10 Dec 2024

Contributed by Lukas

Headlines: - Inaugural Bitcoin MENA Event in Abu Dhabi Entered Day 2- Ray Dalio: Abu Dhabi is a "Renaissance State" as it Emerges as a Hedge Fund...

Bitcoin MENA Launches, Dubai's Walkability Improves, Assad's Regime Falls

09 Dec 2024

Contributed by Lukas

Headlines: - Bitcoin MENA Kicks Off Today- Apple CEO Visits Abu Dhabi: UAE Gets Its 5th Apple Store- Sheikh Mohammed Approves 6.5km 'Dubai Walk' ...

Noon will Soon Dominate; DDF Nears $2B; Dubai Property Prices to Rise 8%

06 Dec 2024

Contributed by Lukas

Headlines: - Dubai Duty Free Nears $2 Billion Sales Milestone Thanks to Perfume Boom- Noon Edges Closer to Regional Leadership in E-Commerce and ...

Bitcoin MENA 2024 in Abu Dhabi; UAE Billionaire Growth; Risky Saudi X

05 Dec 2024

Contributed by Lukas

Headlines: - Billionaire Growth in the UAE Amid Regional Shifts in Wealth- What’s Next for Kingdom Holding’s $2 Billion Investment in X?- Upc...

Bitcoin MENA in Abu Dhabi, Qatar backs Audi F1, Adidas UAE launch.

04 Dec 2024

Contributed by Lukas

Headlines: - Bitcoin MENA 2024 in Abu Dhabi- Qatar Investment Authority finalizes agreement to acquire minority stake in Audi’s f1 team- Adidas...

Bitcoin MENA 2024, Stripe CEO's Tel Aviv Visit Sparks Boycott, PUMA Ends Israel Sponsorship

29 Nov 2024

Contributed by Lukas

Headlines:- Bitcoin MENA 2024 in Abu Dhabi: Experience the Golden Age of Bitcoin- Stripe Faces Boycott Calls After CEO's Tel Aviv Visit- PUMA Ends Isr...

Bitcoin MENA 2024 in Abu Dhabi; ADNOC's $80B XRG; Talabat upsizes IPO to 20%

28 Nov 2024

Contributed by Lukas

Headlines: - Bitcoin MENA: The UAE's Role in Shaping the Future of Cryptocurrencies- ADNOC Unveils XRG: A $80 Billion Global Energy and Chemicals...