The Smashi Business Show

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...

Bitcoin MENA 2024 in Abu Dhabi; Shorooq Partners 1B Summit; KSA Football Fever

27 Nov 2024

Contributed by Lukas

Headlines: - Unlock Exclusive Networking with Bitcoin MENA's Whale Pass Experience- Shorooq partners with 1 Billion Followers Summit to provide A...

Bitcoin MENA 2024 in Abu Dhabi; UAE's Top 5 Rank in AI; Riyadh Metro Launching Nov 27

26 Nov 2024

Contributed by Lukas

Headlines: - Bitcoin MENA 2024 in Abu Dhabi: Unlocking Crypto’s Potential for UAE- UAE Ranks in Top 5 of Global AI Ecosystems: Stanford Report ...

Eric Trump at Bitcoin MENA in AD; Saudi's Milaf Cola; UAE, KSA AI Adoption numbers

25 Nov 2024

Contributed by Lukas

Headlines:- Eric Trump at Bitcoin MENA in Abu Dhabi I December 9-10, 2024 in Abu Dhabi- You can get sugar-free soda in Saudi Arabia called 'Milaf Cola...

Bitcoin MENA in Abu Dhabi; NEOM on Schedule; 30 Under 30 Lists Under Spotlight

22 Nov 2024

Contributed by Lukas

Headlines:- Bitcon MENA is set to gather Crypto Enthusiasts in Abu Dhabi on December 9-10- Webuild Reports Smooth Progress on NEOM Projects Amid CEO D...

Dubai Dominates: IPOs, Passenger Records, and Precious Metals Milestones

20 Nov 2024

Contributed by Lukas

Headlines:- Talabat Launches IPO on Dubai Financial Market- Dubai International Airport Hits New Heights with 68.6M Guests in 9 Months!- Dubai Leads t...

Neymar buys property in Dubai; Rents double in RAK; Pure Harvest plans IPO

19 Nov 2024

Contributed by Lukas

Headlines:- Brazilian Star Neymar Jr. Buys Home in Bugatti Residences by Binghatti in Dubai- Rent Prices Double in Ras Al Khaimah Amid Construction of...

UAE Gears Up for Growth with Salary Hikes, Green AI, and Saudi Mobility Boost

18 Nov 2024

Contributed by Lukas

Headlines:- Megacampus Summit in Dubai I December 2nd 3rd 2024- UAE Salaries Set to Climb in 2025 Amid Economic Optimism- UAE Unveils CHAG: A ChatGPT ...

Lulu IPO Open Flat, PIF Raises $1B in Telecom Deal, Popcorn AI Secures $500K

15 Nov 2024

Contributed by Lukas

Headlines:- Lulu IPO Closes Flat on AED2.04 on stock Debut After Raising Record AED6.32 billion- Saudi Arabia’s Public Investment Fund Raises $1.03 ...

UAE AI Minister lauds Musk; Landmark invests $1B; AED 2B Dubai Police project.

14 Nov 2024

Contributed by Lukas

Headlines:- UAE AI Minister Congratulates Musk, Ramaswamy on Leading U.S. Efficiency Department- Landmark Group to Invest $1 Billion in Retail Expansi...

Trump Win Spurs Market Surge, MrBeast Makes Big Money in Dubai; Carrefour Shuts in Jordan Amid Boycotts

12 Nov 2024

Contributed by Lukas

Headlines:- Middle East Markets Surge as Global Stocks Rally Following Trump’s Presidential Win- Majid Al Futtaim Suspends Carrefour Operations in J...

MBC Revenue Surge, Sheikh Hamdan on Dubai Q2 Growth, Delivery Hero to List Talabat

11 Nov 2024

Contributed by Lukas

Headlines:- MBC GROUP’s Revenue Surge Reflects Regional Media Dominance- Sheikh Hamdan Sees Strong Leadership as Key to Dubai’s 3.3% GDP Growth in...

" Bella Hadid’s Favorite Bakery, CNN's New Channel, and Saudi Arabia’s $100B AI Power Move"

08 Nov 2024

Contributed by Lukas

Headlines:- Bella Hadid Puts Dubai's Tonton Bakery in the Spotlight- CNN FAST Launches on STARZ ON in MENA- Saudi arabia is reportedly launching a $10...

Trump Win Spurs Market Surge, MrBeast Makes Big Money in Dubai; Carrefour Shuts in Jordan Amid Boycotts

07 Nov 2024

Contributed by Lukas

Headlines:- Middle East Markets Surge as Global Stocks Rally Following Trump’s Presidential Win- Majid Al Futtaim Suspends Carrefour Operations in J...

ADNOC, Masdar, Microsoft collaborate; Talent Influx Pushing Salaries Down in UAE; Saudi's Rising Tourism

06 Nov 2024

Contributed by Lukas

Headlines:- ADNOC, Masdar, and Microsoft Team Up to Drive AI and Low-Carbon Innovations- Big Influx of Foreign Talent has Pushed Down Starting Salarie...

ADNOC launches Enegry AI; Russia has a buttter problem; PIF, Hong Kong establish $1B fund; Election time in the US

05 Nov 2024

Contributed by Lukas

Headlines:- ADNOC and AIQ Launch ENERGYai: A First-of-Its-Kind Agentic AI for Global Energy Transformation- Russia Begins Importing Butter from UAE an...

Dubai's Crown Prince Directs Trackless Trams, Saudi PIF Invests in MBC GROUP, Elon Musk Eyes Middle East Funds

04 Nov 2024

Contributed by Lukas

Headlines:- Crown Prince of Dubai directs RTA to study trackless trams- Saudi’s PIF Takes Major Stake in MBC GROUP- Elon Musk Eyes Middle East Funds...

Boycotts Contributing to McDonald's Global Sales Decline; Tiktok's Regional HQ in Saudi; PIF and Google Cloud Collaborate

01 Nov 2024

Contributed by Lukas

Headline: - Middle East and Muslim-Countries’ Boycotts Contributing to McDonald’s Global Sales Decline- TikTok’s Plans for Riyadh Headquart...

Abu Dhabi's CYVN Targets McLaren; KSA Balances Oil with Clean Energy, and Boosts Local Insulin Production

31 Oct 2024

Contributed by Lukas

Headlines:- Abu Dhabi’s CYVN Holdings to Acquire McLaren’s Automotive Business- Saudi Arabia Stays Committed to Oil, Expands Focus on Clean Energy...

Noon Piloting Physical Store; PIF to Reduce Investments; Saudi 98% Cashless; Today's Guest: Leon Kolflaath, Project Director at QUBE Development.

30 Oct 2024

Contributed by Lukas

-Noon Planning to Venture into Physical Retail, with Pilot Project in Dubai-PIF’s Shift Toward Domestic Investment and AI Development-Saudi Arabia’...

FII8 Kicks-off in Riyadh Emphasising Africa, Neom's First Completed Project Opens, Lulu Sets Share Price Range for IPO

29 Oct 2024

Contributed by Lukas

Headlines:- Davos in the Desert’ FII8 Launches Today in Riyadh where Pre-Summit Spotlight was on Africa- Sindalah: Neom's First Luxury Tourism Islan...

UAE is a 'Startup Nation'; Saudi Aramco's $100M Fund for AI Startups; Abu Dhabi Film Commission Increase Rebate to 35%

28 Oct 2024

Contributed by Lukas

Headline:- UAE Ascends as a ‘Startup Nation’ in Digital Assets: Ruler of Ras Al Khaimah- Saudi Aramco’s Wa’ed Ventures Allocates $100M to AI S...

Youtube Dominates KSA, UAE; Starzplay CEO Welcomes Crackdown on Piracy; Dubai's New Platform for Startups

25 Oct 2024

Contributed by Lukas

Headlines:- YouTube Dominates Viewer Preference in Saudi Arabia and UAE- STARZPLAY CEO Applauds Dubai Police for Crackdown on IPTV Piracy- Dubai Unvei...

Ronaldo Invests in Dubai-based Startup; Musk's Starlink Takes Flight on Qatar Airways' Boeing 777; New EV Player in UAE

24 Oct 2024

Contributed by Lukas

Headlines:- Cristiano Ronaldo Invests in Dubai-based HealthTech Startup Bioniq, Boosting Valuation to $82M- Qatar Airways Partners with Elon Musk’s ...

BRICS kicks off in Kazan, Russia; UAE Non-Oil Growth to Hit 4% by 2025; Best Kept Shared Snaps Up Bazaara

23 Oct 2024

Contributed by Lukas

Headlines:- BRICS Summit Kicks Off in Kazan, Russia- UAE’s Non-Oil Economy to Surge by 4% in 2025, Driven by Investment and Real Estate Boom- Best K...

Profits Soar for Saudi Tadawul Group; Saudi Cinema is on the Rise; Abu Dhabi gets Mandarin Oriental Residences

22 Oct 2024

Contributed by Lukas

Headlines: - Saudi Tadawul Group Reports Strong Q3 Earnings: Net Income Surges 37.2%- Saudi Cinema Booms: Record Ticket Sales & Rise in Local...

Dubai Unveils Dh390 Million Plan to Transform Rural Areas into World-Class Tourism and Living Destinations

21 Oct 2024

Contributed by Lukas

Headlines: - Dubai Unveils Dh390 Million Plan to Transform Rural Areas into World-Class Tourism and Living Destinations- Swvl Holdings Corp Estab...

$15M Boost for Saudi Startups; Fade Fit's New Protein Bars; Egypt's Rabbit Mobility Raises $1.3M

18 Oct 2024

Contributed by Lukas

Headlines:- Saudi Venture Capital Invests $15M in Saqr Fund II to Support Early-Stage Startups- Fade Fit Launches 10X Protein Bars: Fueling Growth &am...

Abu Dhabi's Three-Pointer; Etihad Rail Updates 'Future' Passengers; Dubai to Welcome Bolt (not Usain)

17 Oct 2024

Contributed by Lukas

Headlines:- Abu Dhabi in Limelight with Multiple Initiatives Coming out of the UAE Capital- Dubai to Abu Dhabi in 57 Minutes: Etihad Rail's High-Speed...

Abu Dhabi to Become the Next ‘Sphere’ Entertainment Hub

16 Oct 2024

Contributed by Lukas

Abu Dhabi to Become the Next ‘Sphere’ Entertainment Hub

GITEX GLOBAL 2024: A Record-Breaking Start

15 Oct 2024

Contributed by Lukas

GITEX GLOBAL 2024: A Record-Breaking Start

Golden Opportunity: UK Mogul Richard Desmond Moves to Dubai

14 Oct 2024

Contributed by Lukas

-Golden Opportunity: UK Mogul Richard Desmond Moves to Dubai-Majid Al Futtaim Donates $1 Million to Aid Lebanon-Tamkeen HR’s IPO Targets Up to $106 ...

Wynn-Wynn for RAK and UAE; Raining Money in Dubai (Property); NEOM's The Line has a Concrete Solution

11 Oct 2024

Contributed by Lukas

Headlines:- Wynn Al Marjan Island: Transforming RAK’s Tourism and Economy- Dubai’s Real Estate Breaks Records: Q3 2024 Surge- NEOM’s Concrete Pl...

Abu Dhabi Surpasses Oslo as the Global SWF Capital

10 Oct 2024

Contributed by Lukas

-Abu Dhabi Surpasses Oslo as the Global SWF Capital-Saudi PIF Acquires 40% Stake in Selfridges-Ejari Raises $14.65M to Scale Up Saudi Arabia’s Rent ...

Dubai Crypto Scene Gets a Boost; Perfume Turns to Gold for Al Majed Oud; ADIA Sets Up Shop in India

09 Oct 2024

Contributed by Lukas

Headlines:- DMCC & Cointelegraph Partner to Boost Dubai’s Crypto Hub- Almajed Oud’s Stock Soars: Hits 50% Increase Post-IPO on Tadawul- UAE’...

UAE-Jordan $8B Trade Pact; Saudi Startups Score $165M; State Street expands in Middle East

08 Oct 2024

Contributed by Lukas

Headlines:- UAE and Jordan Sign Historic Trade Pact: Aiming to Boost Bilateral Trade to $8 Billion!- Saudi Startups Lead MENA Funding in September, Su...

Saudi PIF Eyes Nintendo Stake, ADQ Launches $110B Ras El Hekma Project, and Anisha Oberoi Shares Her Clean Beauty Journey After Breast Cancer

07 Oct 2024

Contributed by Lukas

Headline:- Saudi Arabia’s PIF Eyes Bigger Stake in Nintendo: Strategic Move or Gaming Power Play?- ADQ Taps Modon for $110 Billion Ras El Hekma Mega...

Construction of World’s Tallest Skyscraper Jeddah Tower Resumes, Saudi Arabia's AUM to Reach $300 Billion by 2026, Dalio and G42 Shelve Abu Dhabi Investment Venture Plans, Laura Krajewski, Owner of Flash Facial

04 Oct 2024

Contributed by Lukas

Headlines: - Construction of World’s Tallest Skyscraper Jeddah Tower Resumes- Saudi Arabia's AUM to Reach $300 Billion by 2026- Dalio and G42 S...

MGX Contributes as OpenAI Raises $6.6B, Souqalmal and Yabi Founder Ambareen Musa Joins Revolut as UAE CEO, Saudi Arabia Unemployment Falls to 3.3% in Q2, Lulu Group Likely to Drop Tadawul Leg of IPO for Abu Dhabi-Only Listing

03 Oct 2024

Contributed by Lukas

MGX Contributes as OpenAI Raises $6.6B, Souqalmal and Yabi Founder Ambareen Musa Joins Revolut as UAE CEO, Saudi Arabia Unemployment Falls to 3.3% in ...

Gulf Sovereign Wealth Funds Deploy $55B in Global Investments, Health Stay.io Raises Seed Funding to Revolutionize Medical Tourism in Dubai, MENA Business Community Send Prayers, Messages of Solidarity for Lebanon

02 Oct 2024

Contributed by Lukas

Headlines:- GCC Sovereign Wealth Funds Deploy $55B in Global Investments- HealthStay.io Raises Seed Funding to Revolutionize Medical Tourism in Dubai-...

Podeo Secures $5.4M to Expand, Richard Attias Envisions Global Demand for Las Vegas Sphere, Ryan Serhant Joins Dubai Real Estate Scene

01 Oct 2024

Contributed by Lukas

Headlines:- Podeo Secures $5.4M to Expand Beyond the Arab World- Richard Attias Envisions Global Demand for Las Vegas Sphere Experience- Reality TV St...

UAE Extends Corporate Tax Filing Deadline; Google open new HQ in Riyadh; Suez Canal Revenues Drop

30 Sep 2024

Contributed by Lukas

Headlines:- UAE Extends Corporate Tax Filing Deadline for New Businesses- Google Opens New Riyadh HQ, Boosting Saudi Vision 2030- Suez Canal Revenues ...

UAE and New Zealand Seal Trade Deal, Middle Eastern Investors Pump $9 Billion Into China, Meta Unveils Orion AR Glasses

27 Sep 2024

Contributed by Lukas

Headlines:- UAE & New Zealand Seal Trade Deal to Boost Economic Ties- Middle Eastern Investors Pump $9 Billion Into China While Others Retreat- Me...

Richest African Man to Establish Family Office in Dubai, Telegram Reverses Privacy Polic, WeRide and Uber Partner to Bring Self-Driving Cars to the UAE

26 Sep 2024

Contributed by Lukas

Headlines:- Richest African Aliko Dangote to Establish Family Office in Dubai Amid Rising UAE Appeal- Telegram Reverses Privacy Policy, Agrees to Shar...

UAE Recognized as Major Defense Partner by the U.S.

25 Sep 2024

Contributed by Lukas

-UAE Recognized as Major Defense Partner by the U.S-UAE Airlines Cancel Flights to Beirut Amid Rising Israel-Hezbollah Tensions-General Atlantic to Op...

Dubai Approves AED10 Billion Expansion for Dubai Exhibition Centre, Chip Giants Eye UAE for $100B Megafactories, Saudi Arabia Beats UAE to No. 1 Spot in Arab World Global AI Index 2024

24 Sep 2024

Contributed by Lukas

Headlines:- Dubai Approves AED10 Billion Expansion for Expo City’s Dubai Exhibition Centre- Chip Giants Eye UAE for $100B Megafactories- Saudi Arabi...

Israeli Shuts Down Al Jazeera Office in Ramallah, M&A Activity Dips By 10.4% in MEA Region in First Eight Months, Saudi Tourism Surges With 73% Increase in Visitors, Iranian Immigrant Joins Elite Billionaire Club After Biotech Stock

23 Sep 2024

Contributed by Lukas

Headlines: - Israeli Forces Shut Down Al Jazeera's Ramallah Office for 45 Days- M&A Activity Lost Momentum in MEA Region in First Eight Month...

UAE and Japan Begin Talks on CEPA to Boost Economic Growth, Botim Introduces SNPL Service, Centi-Millionaire Population in Arab Cities to More Than Double by 2040

20 Sep 2024

Contributed by Lukas

Headlines:- UAE and Japan Begin Talks on Comprehensive Trade Deal to Boost Economic Growth- Botim Revolutionizes Payments with 'Send Now, Pay Later' (...

Microsoft and G42 to Establish AI Centers in Abu Dhabi, Saudi PIF's SURJ Sports Eyes €1 Billion Stake in EuroLeague Basketball, Lebanese Blasts Linked to BAC Consulting's Pagers

19 Sep 2024

Contributed by Lukas

Headline:- Microsoft & UAE’s G42 to Establish AI Centers in Abu Dhabi: A Step Towards "Responsible AI"- Saudi PIF’s SURJ Sports Eyes €1 Bill...

UAE-Australia Finalize Landmark CEPA Agreement, Groq Teams Up with Aramco to Power AI in Saudi Arabia, PIF to Invest $5 Billion in Egypt

18 Sep 2024

Contributed by Lukas

Headlines: - UAE and Australia Finalize Landmark Trade Deal: CEPA Agreement- Groq Teams Up with Aramco to Power AI in Saudi Arabia- Saudi Arabia'...

Lulu plans IPO; UAE gives 230 content creator licences; Umar Kamani & Naomi Campbell start Talent Agency in Dubai: Regional Sustainability Director of Tetra Pack Arabia Marcelo Piva talks Business

17 Sep 2024

Contributed by Lukas

Headlines:- Umar Kamani and Naomi Campbell Launch KC Global Partnerships in Dubai- UAE Media Council Issues 230 Licenses to Social Media Creators, Boo...

Dubai's FIX Chocolate Creates Exclusive Chocolate Bar for Sheikh Hamdan, Al Jazeera Launches "Al Jazeera 360", Dubai to Award Contract for $6.8 Billion Sewerage Tunnel Project

16 Sep 2024

Contributed by Lukas

Headlines: - Dubai's FIX Dessert Chocolatier Creates Exclusive Chocolate for Sheikh Hamdan- Al Jazeera Launches Arabic-Only Streaming Platform "A...

Hala Taxi Launches WhatsApp Booking, Hub71 Welcomes 21 New Startups, Majid Al Futtaim Launches Aaouda Returnship Programme, Etihad Airways Eyes IPO by 2025

13 Sep 2024

Contributed by Lukas

Headlines: - Dubai's Hala Taxi Introduces WhatsApp Booking- Abu Dhabi-Based Hub71 Welcomes 21 Startups, Bringing the Total Number to 243- Majid A...

Huda Beauty Considers Sale of Kayali, Dubai DET Partners with Noon, ADNOC Poised for $15.9 Billion, Founder of Web3 Streaming Platform

12 Sep 2024

Contributed by Lukas

Headlines:- Huda Beauty Considers Sale of Fragrance Division Kayali- Dubai Department of Economy and Tourism Partners with Noon to Boost SME Growth- A...

Apparel Group Partners with Carrefour to Re-Enter Indian Market, Leon Black Chooses Abu Dhabi for First International Family Office, ADNOC to Supply Indian Oil with LNG

11 Sep 2024

Contributed by Lukas

Headline:  - Dubai’s Apparel Group partners with French retail giant Carrefour to re-enter Indian market.- Leon Black Chooses Abu Dhabi fo...

Apple Reveals New iPhone, Majid Al Futtaim & Tabby Unveil SHAREPay Integration, FlapKap Rasies $34M to Boost SME Financing

10 Sep 2024

Contributed by Lukas

Headlines: - Apple Reveals New iPhone with AI Features- Majid Al Futtaim & Tabby Unveil SHAREPay Integration: A Game-Changer for Shopping- Fl...

Dubai and Abu Dhabi Tourism Thrives with $27.2 Billion Investment Goal, Saudi Startup Reachware Gains $3M Funding Boost for Expansion, Saudi Fintech Assets Set to Hit $64Bn by 2024

09 Sep 2024

Contributed by Lukas

Headlines: - Dubai and Abu Dhabi Tourism Thrives with $27.2 Billion Investment Goal and $64.3 Billion GDP Boost- Saudi Startup Reachware Gains $3...

Local Sodas Rise Over Gaza Genocide, Saudi Central Bank Partners with Samsung to Launch Samsung Pay, 24 Fintech Makes History as Largest Fintech Event Debut

06 Sep 2024

Contributed by Lukas

Headline:- Local Sodas Rise as Coke and Pepsi Face Boycotts Over Gaza Conflict- Saudi Central Bank Partners with Samsung to Launch “Samsung Pay” i...

Anghami Reports Subscriber Growth After OSN+ Acquisition, Tarabut Acquires UK Payments Platform Vyne, Middle East Markets Under Pressure Amid Global Stock Slump

05 Sep 2024

Contributed by Lukas

Headlines:- Anghami Reports 18.3% Subscriber Growth After Strategic OSN+ Acquisition- Tarabut Acquires UK Payments Platform Vyne to Navigate New MENA ...

Tabby Acquires Saudi Digital Wallet Tweeq to Expand Fintech Offerings, Ziina Banks $22M Series A to Scale Up UAE Fintech Services for Small Businesses, Adidas Collaborates with Saudi Artist Raghad Al-Ahmad for Bloom Sky Collection

04 Sep 2024

Contributed by Lukas

Headlines:- Tabby Acquires Saudi Digital Wallet Tweeq to Expand Fintech Offerings-  Ziina Banks $22M Series A to Scale Up UAE Fintech Services fo...

UAE Unveils 2025 Strategy for Three Priorities, Investcorp's Co-CEO to Exit, Bahrain to Implement 15% Tax on Multinationals

03 Sep 2024

Contributed by Lukas

Headlines:- UAE Unveils 2025 Strategy for Three Priorities - Investcorp's Co-CEO Ben-Gacem to Exit Amid Management Shake-Up- Bahrain to Implement...

Inside Pavel Durov's Arrest, Arabian Mills $271 Million IPO Covered in an Hour, Knovi Launching Fractional Ownership in UAE, Webook Prepares for Billion Dollar IPO on Saudi Exchange

02 Sep 2024

Contributed by Lukas

Headlines:- The Who is Who and What is What of Pavel Durov's Arrest- Saudi Arabian Mills’ $271 million IPO Covered within an Hour- Konvi launching f...

Talabat to Go Public in Q4: Delivery Hero's Big Move in the MENA Market

30 Aug 2024

Contributed by Lukas

-Talabat to Go Public in Q4: Delivery Hero's Big Move in the MENA Market-UAE Ranks 3rd Globally in Crypto Adoption: A New Digital Finance Frontier-Sau...

UAE-France Rumors Debunked, Meta CEO Admits to Content Moderation, HSBS's New CEO Plans Major Shake up

29 Aug 2024

Contributed by Lukas

Headline:- UAE Fighter Jet Contract Freeze Rumors Debunked Amid Pavel Durov’s Arrest Controversy- Meta CEO Admits to Content Moderation Mistakes Ami...

Waad Investment to Boost GCC Startups, Majid Al Futtaim Retail Digital Records AED 1.3 Billion Revenue, Al Majed for Oud Announces IPO Offer

28 Aug 2024

Contributed by Lukas

Headlines:- New $200M Investment Firm "Waad Investment" Launches to Boost GCC Startups- Majid Al Futtaim Retail Digital Sees 109% EBITDA Growth and AE...

Telegram says Pavel Durov has "Nothing to Hide", Marlan Space and Loft Orbital Invest in UAE's Space Sector, AstroLabs Expandes into Saudi Arabia

27 Aug 2024

Contributed by Lukas

Headlines:- Pavel Durov has “Nothing to Hide”, says Telegram - Abu Dhabi’s Marlan Space and Loft Orbital Invest $100 Million in UAE’s Spa...

Saudi's GDP Expects 1.7% Growth, Dubai Short-Term Rentals Surge 30%, UAE Tops Global FDI Rankings

26 Aug 2024

Contributed by Lukas

Headlines:- UAE's Foreign Trade Reaches New Heights: Sheikh Mohammed bin Rashid Al Maktoum Highlights Record Growth- UAE Tops Global FDI Rankings for ...

Phoenix Group PLC and Tether to Launch Dirham Pegged Stablecoin, Emiratis in the Private Sector Surpasses 100K, Emirates to Buy 5 Aribus' For $200 M

23 Aug 2024

Contributed by Lukas

Headlines: - ADX-listed Phoenix Group PLC and Tether to Launch UAE Dirham-Pegged Stablecoin- Emirati Workforce in UAE’s Private Sector Surpasse...

Brands For Less Sells Stake to TJX, KBW Ventures Invests in NoorNation, E Daddy Raises $15M for E-Motorcycle Launch,Kabir Joshi, Founder and CEO of Vantage Capital Speaks About UAE Property Market

22 Aug 2024

Contributed by Lukas

Headlines:- Dubai-Based Brands For Less Sells 35% Stake to TJX for $360M, Valuing the Group at $1.2 Billion- KBW Ventures Invests in Egyptian Climate ...

Dubai Bans Property Owners, UAE E-Commerce Giants Sign Safety Pledge, Pepsi Revives Teem Cola Amidst Boycotts

21 Aug 2024

Contributed by Lukas

Headlines: - Dubai Bans 10 Property Owners Over Safety Concerns- UAE E-Commerce Giants Sign Safety Pledge Amid $9.2 Billion Sales Boom-  Pep...

Saudi Unveils Jadarat Platform, AngelSpark Invests in HeroGo, Lara Active to Debut Burkini Line at Fashion Show

20 Aug 2024

Contributed by Lukas

Headlines: - Saudi Unveils 'Jadarat' Platform with 70,000+ Job Openings- AngelSpark Invests in HeroGo, Expanding Its Portfolio to 7 Startups- Dub...

Dubai Court Recognizes Cryptocurrency, Fawry to Launch in Saudi Arabia, Resal Secures $9M in funding

19 Aug 2024

Contributed by Lukas

Headlines: - Dubai Court's Landmark Ruling Recognises Cryptocurrency as Legal Salary Payment- Fawry to Launch in Saudi Arabia by Year-End- Resal ...

International Tourists Spend Over SAR 45 Billion on Accommodation in Saudi Arabia in 2023

16 Aug 2024

Contributed by Lukas

Headlines: - International Tourists Spend Over SAR 45 Billion on Accommodation in Saudi Arabia in 2023- UAE’s ADIA Doubles Down on India with $...

MENA Startup Investments Surge, Boeing Outpaces Airbus in Plane Orders, Oman Gets Payments Boost with Samsung Pay

15 Aug 2024

Contributed by Lukas

MENA startup investments surge 200% in JulyBoeing managed to outpace Airbus in plane orders for July 2024Oman gets digital payments boost with Samsung...

Arab Youth Unemployment Levels High, Middle East Travel Bookings Drop, Starbucks Announces New CEO

14 Aug 2024

Contributed by Lukas

Headlines:- Arab Youth Unemployment 'Worse than Pre-Covid Levels'  - Middle East Travel Bookings Drop 7% Amid Genocide Fears- Starbucks Announces...

Dubai Plans to Attract Investment from China, Abu Dhabi Rental Market Surges, Egypt's Thundr Aims to Revolutionize Investment for MENA Youth

13 Aug 2024

Contributed by Lukas

Headline:- Dubai Aims to Attract More Investment from China- Abu Dhabi Rental Market Surges with 102% Increase in Contracts Amidst Supply Shortages- T...

Saudi Arabia Updates Investment Law, UAE Amens Anti-Money Laundernig Laws, and ADQ invests $1 Bilion in Sotheby's

12 Aug 2024

Contributed by Lukas

Headlines:- Saudi Arabia Revamps Investment Law to Attract Foreign Investors- UAE amends anti-money laundering laws- Abu Dhabi’s ADQ invests $1 Bill...

Arab Stock Exchanges Crosses $4 Trillion, Etihad Posts Profit, Emaar Reports 56% Surge, UAE Cracks Down on Money Laundering.

09 Aug 2024

Contributed by Lukas

Headline:- Arab stock exchanges cross $4.174 trillion at H1 2024- UAE Retailer Spinneys Posts $20 Million Profit for Q2 2024-"Dubai’s Emaar Reports ...

Demand for Travel Insurance increases in UAE, 'Dubai airport sets another record, Qatar hospitality industry booms

08 Aug 2024

Contributed by Lukas

 Demand for Travel Insurance increases in UAE, 'Dubai airport sets another record, Qatar hospitality industry booms

X Files Lawsuit Over Alleged Boycott, Dubai-based Oraseya Capital Invests $100M in Tech Startups, McDonald’s Revises Prices

07 Aug 2024

Contributed by Lukas

Headlines:- X Files Lawsuit Over Alleged Boycott, Musk Declares “War”2- Oraseya Capital Invests $100 Million Into Seven Tech Startups3- McDonald’...

Saudi Reports High Female Workforce Participation, GCC and Turkey Discuss FTA, UAE's Aid to Palestine Nearly $700 Million

06 Aug 2024

Contributed by Lukas

Headlines:- Saudi Arabia Reports Highest Female Workforce Participation Among G20 Countries-Gulf States and Turkey Discuss Free Trade Zones Likely Wor...

Sudden Crypto Crash Sends Bitcoin Price Down to 53,553 USD

05 Aug 2024

Contributed by Lukas

Sudden Crypto Crash Sends Bitcoin Price Down to 53,553 USD

Rihanna's Chic Stadium Look, Sharjah's Record Real Estate, and M2 ADGM's Crypto Integration

02 Aug 2024

Contributed by Lukas

Headlines:- Rihanna Wows in Sporty-Chic Outfit and Emirati Jewellery at Yankee Stadium-Sharjah Real Estate Hits AED 18.6 Million Record-M2 ADGM Bank A...

Saudi Arabia Prepares for FIFA World Cup 2034 with Fifteen Groundbreaking New Stadiums

01 Aug 2024

Contributed by Lukas

Headlines:-Saudi Arabia Prepares for FIFA World Cup 2034 with Five Groundbreaking New Stadiums-Elon Musk Says Dubai Is Winning-Fake Job Interview Emai...

UAE’s AR Hijab at Paris Olympics, McDonald’s Sales Drop, and Saudi Arabia’s 48-Team World Cup Bid

31 Jul 2024

Contributed by Lukas

 UAE’s AR Hijab at Paris Olympics, McDonald’s Sales Drop, and Saudi Arabia’s 48-Team World Cup Bid

UAE Issues First National Lottery License, Middle East Airlines Delay Flights to Beirut, Mall of the Emirates Receives $44.9 Million Upgrade

30 Jul 2024

Contributed by Lukas

Headlines:-Historic Move: UAE Grants First License for National Lottery and Legal Gambling-Middle East Airlines delayed some flights to Beirut from Su...

Dubai Taxi Revenue Soars 14%, 'Inside Out 2' Breaks Animation Records, and Saudi Arabia Joins Global E-Commerce Pact

29 Jul 2024

Contributed by Lukas

Headlines:- Dubai Taxi Company Reports 14% Revenue Growth, Reaches $297 Million-Inside Out 2 Becomes Biggest Animated Film Ever, Surpassing Frozen II ...

120 Firms Move to Riyadh, Ryadh Office Market Growth, and Aldar Expansion in Dubai

26 Jul 2024

Contributed by Lukas

Headlines:- Over 120 Foreign Companies Relocated to Riyadh in Q1 2024-Riyadh Office Market Stays Strong Amid Rising Rents and High Demand-Aldar Expand...

Shahid X Launches Limited Edition Collection, Saudi Investors Target UK Property, and Dubai’s GDP Grows 3.2% to $31.3B

25 Jul 2024

Contributed by Lukas

Headlines:-Shahid X Launches Limited Edition Collection Featuring Top Series-70%+ of Saudi Investors Eye UK Property Market-Dubai's GDP Up 3.2% to $31...

Tech Turmoil, Saudi Growth Slowdown, and Dubai's Mental Health Initiative

24 Jul 2024

Contributed by Lukas

Headlines:- Tech Glitch Sparks Cash Chaos at Starbucks: Digital Dependency Exposed-Saudi Arabia's GDP Growth to Lag Behind GCC Neighbors in 2024-Dubai...

Bella Hadid vs. Adidas Stock Drop, AI Editor Criticism, Dubizzle's $120M Exit

23 Jul 2024

Contributed by Lukas

Headlines: -Bella Hadid Takes Legal Action as Adidas Faces stock drop and Boycott Calls-Lifestyle Publication Faces Criticism Over AI Lifestyle E...

Adidas Drops Bella Hadid; Dubai Invests $300m in Transport Upgrade; Palazzo Versace Dubai Lists for $380M Amid Owner’s Financial Shift

22 Jul 2024

Contributed by Lukas

Headlines:-Adidas Apologizes and Drops Bella Hadid from Campaign Amid Israel Backlash-Dubai Invests $300m in Public Transport Upgrade with 636 New Bus...

Insights from Mohamed Aboulnaga Nagaty, Executive Chairman of Exits

21 Jul 2024

Contributed by Lukas

Mohamed Nagaty he is a seasoned tech entrepreneur and venture builder with over 15 years of experience. He's currently the Executive Chairman of Exits...

UAE Businessman Khalaf Al Habtoor on Gratitude, Yusuf Omar on Mobile Journalism and Global Storytelling

19 Jul 2024

Contributed by Lukas

-UAE Businessman Khalaf Al Habtoor Urges Emiratis to Appreciate Their Blessings Amidst UK Family Outing Decline-Careem Introduces 'Quick Electronics' ...

Saudi Airlines' $19B Airbus Order for 2026, Abu Dhabi GDP Up 3.3%, and Marjan Island's Residential Units Sold Out

18 Jul 2024

Contributed by Lukas

-Saudi Airlines will receive its first deliveries from its $19 billion Airbus order in 2026, the largest in the Kingdom’s history-Abu Dhabi's GDP in...

Dubai's New Residents Drive $16.34B Property Boom Amid $18.58 Chocolate Bars Surge

17 Jul 2024

Contributed by Lukas

-Fix Dessert's $18.58 Chocolate Bars: The Sweet Investment That's Turning Heads-Dubai's New Residents Shift to Property Ownership Amid Rising Rents-UA...

Saudi ranks 2nd in job satisfaction, Dubai's 3D Abra, and Trump assassination attempt linked to Middle East business.

16 Jul 2024

Contributed by Lukas

-Saudi Arabia Ranks Second in Salary and Job Security Satisfaction-Dubai Unveils World's First Electric Abra Built with 3D Printing Technology-Trump T...

Shahzad Younas, Founder & CEO of Muzmatch, Shares Insights on Modern Dating and Tech Innovation"

15 Jul 2024

Contributed by Lukas

Shahzad Younas, Founder & CEO of Muzmatch, Shares Insights on Modern Dating and Tech Innovation"

Middle East News Roundup: Record Dubai Mall Visits, Saudi Olympic Esports Deal, and Riyadh Air-Delta Partnership

15 Jul 2024

Contributed by Lukas

Headlines:-Dubai Mall Sets New Visitor Record with 57 Million in First Half of 2024-Saudi Arabia Signs 12-Year deal to Host First Olympic Esports Game...

Riyadh Plans Tallest Sports Tower, Swvl's $6.3M Deal with Etisalat Egypt, UAE Ranks Top 5 in 2024 Growth

12 Jul 2024

Contributed by Lukas

Headlines: -Riyadh to Build World's Tallest Sports Tower-Swvl Strikes Gold: $6.3M Contract with Etisalat Egypt-UAE Ranks Among Top Five Fastest-G...