The Smashi Business Show

<p>Headlines:<br><br>- Anghami Reports 18.3% Subscriber Growth After Strategic OSN+ Acquisition<br>- Tarabut Acquires UK Payments Platform Vyne to Navigate New MENA Financial Regulations- Middle East Markets Under Pressure Amid Global Stock Slump</p>

<p><strong>Headlines:</strong><br><br>- Tabby Acquires Saudi Digital Wallet Tweeq to Expand Fintech Offerings<br>-  Ziina Banks $22M Series A to Scale Up UAE Fintech Services for Small Businesses<br>- Adidas Collaborates with Saudi Artist Raghad Al-Ahmad for Bloom Sky Collection</p>

<p><strong>Headlines:</strong><br>- UAE Unveils 2025 Strategy for Three Priorities <br>- Investcorp's Co-CEO Ben-Gacem to Exit Amid Management Shake-Up<br>- Bahrain to Implement 15% Minimum Tax on Multinationals Starting 2025</p>

<p><strong>Headlines:</strong><br><br>- The Who is Who and What is What of Pavel Durov's Arrest<br>- Saudi Arabian Mills’ $271 million IPO Covered within an Hour<br>- Konvi launching fractional ownership in UAE real estate from $280<br>- Webook prepares for a billion-dollar IPO on the Saudi exchange after significant achievements.</p>

<p>-Talabat to Go Public in Q4: Delivery Hero's Big Move in the MENA Market</p><p>-UAE Ranks 3rd Globally in Crypto Adoption: A New Digital Finance Frontier</p><p>-Saudi Esports Sector to Boost GDP by $13.3 Billion by 2030</p>

<p><strong>Headline:</strong><br><br>- UAE Fighter Jet Contract Freeze Rumors Debunked Amid Pavel Durov’s Arrest Controversy- Meta CEO Admits to Content Moderation Mistakes Amid Government Pressure<br>- HSBC’s New CEO Georges Elhedery Plans Major Shake<br>-Up Amid Leadership Transition</p>

<p><strong>Headlines:</strong><br>- New $200M Investment Firm "Waad Investment" Launches to Boost GCC Startups<br>- Majid Al Futtaim Retail Digital Sees 109% EBITDA Growth and AED 1.3 Billion Revenue in H1 2024<br>- Al Majed for Oud Announces IPO Offer Price and Institutional Book Building</p>

<p><strong>Headlines:</strong><br><br>- Pavel Durov has “Nothing to Hide”, says Telegram <br>- Abu Dhabi’s Marlan Space and Loft Orbital Invest $100 Million in UAE’s Space Sector<br>- AstroLabs Facilitates Aurora Media Worldwide’s Expansion into Saudi Arabia</p>

<p><strong>Headlines:</strong><br><br>- UAE's Foreign Trade Reaches New Heights: Sheikh Mohammed bin Rashid Al Maktoum Highlights Record Growth<br>- UAE Tops Global FDI Rankings for 2023, Surpassing Montenegro and Costa Rica<br>-  Saudi Arabia’s GDP Expected to Rebound with 1.7% Growth in 2024<br>- Dubai Short-Term Rentals Surge 30%, Transforming Real Estate Market</p>

<p><strong>Headlines: </strong><br><br>- ADX-listed Phoenix Group PLC and Tether to Launch UAE Dirham-Pegged Stablecoin<br>- Emirati Workforce in UAE’s Private Sector Surpasses 113,000<br>- Emirates to Buy Five Airbus A380-861 Aircrafts from Doric Nimrod Air Two for $200 Million</p>

<p><strong>Headlines:</strong><br><br>- Dubai-Based Brands For Less Sells 35% Stake to TJX for $360M, Valuing the Group at $1.2 Billion<br>- KBW Ventures Invests in Egyptian Climate Tech Startup NoorNation<br>-Sustainable Mobility Startup E Daddy Raises $15M for Electric Motorcycle Launch<br>-Investing in the UAE Property Market: Tips from Kabir Joshi, CEO of Vantage Capital and Vantage Properties</p>

<p><strong>Headlines: </strong><br><br>- Dubai Bans 10 Property Owners Over Safety Concerns<br>- UAE E-Commerce Giants Sign Safety Pledge Amid $9.2 Billion Sales Boom<br>-  Pepsi Revives 'Teem Cola' Amid Gaza Boycott Backlash</p>

<p><strong>Headlines:</strong> <br><br>- Saudi Unveils 'Jadarat' Platform with 70,000+ Job Openings<br>- AngelSpark Invests in HeroGo, Expanding Its Portfolio to 7 Startups<br>- Dubai-based Lara Active to Debut First-Ever Burkini Line at New York City Fashion Show</p>

<p><strong>Headlines:</strong> <br><br>- Dubai Court's Landmark Ruling Recognises Cryptocurrency as Legal Salary Payment<br>- Fawry to Launch in Saudi Arabia by Year-End<br>- Resal Secures $9M in Funding to Expand Leadership in Alternative Payment Solutions</p>

<p>Headlines: <br>- International Tourists Spend Over SAR 45 Billion on Accommodation in Saudi Arabia in 2023- UAE’s ADIA Doubles Down on India with $1 Billion H1 2024 Investments<br>- Middle East IPO Market Surges with 14 Listings, Raising $2.64 Billion, Led by UAE and Saudi Arabia</p>

<ul><li>MENA startup investments surge 200% in July</li><li>Boeing managed to outpace Airbus in plane orders for July 2024</li><li>Oman gets digital payments boost with Samsung Pay</li></ul>

<p><strong>Headlines:</strong><br><br>- Arab Youth Unemployment 'Worse than Pre-Covid Levels'  <br>- Middle East Travel Bookings Drop 7% Amid Genocide Fears<br>- Starbucks Announces New CEO in Brian Niccol</p>

<p><strong>Headline:</strong><br><br><strong>- </strong>Dubai Aims to Attract More Investment from China<br><strong>- </strong>Abu Dhabi Rental Market Surges with 102% Increase in Contracts Amidst Supply Shortages<br><strong>- </strong>Thndr Aims to Revolutionize Investment Accessibility for MENA Youth with Mobile-First Platform</p>

<p><strong>Headlines:</strong><br><br>- Saudi Arabia Revamps Investment Law to Attract Foreign Investors<br>- UAE amends anti-money laundering laws<br>- Abu Dhabi’s ADQ invests $1 Billion in Sotheby’s</p>

<p>Headline:<br><br>- Arab stock exchanges cross $4.174 trillion at H1 2024<br>- UAE Retailer Spinneys Posts $20 Million Profit for Q2 2024<br>-"Dubai’s Emaar Reports 56% Surge in H1 2024 Property Sales"<br>- Anti-Money Laundering Crackdown in the UAE<br> </p>

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

<p><strong>Headlines:</strong><br><br>- X Files Lawsuit Over Alleged Boycott, Musk Declares “War”2<br>- Oraseya Capital Invests $100 Million Into Seven Tech Startups3<br>- McDonald’s Revises Pricing Strategy After Sales Decline For the First Time In Years</p>

<p><strong>Headlines:</strong><br><br>- Saudi Arabia Reports Highest Female Workforce Participation Among G20 Countries<br>-Gulf States and Turkey Discuss Free Trade Zones Likely Worth $2.4 Trillion<br>-UAE Sends a Total of $700 Million in Aid, According to Bloomberg Report</p>

<p>Sudden Crypto Crash Sends Bitcoin Price Down to 53,553 USD</p>

<p><strong>Headlines:</strong><br>- Rihanna Wows in Sporty-Chic Outfit and Emirati Jewellery at Yankee Stadium<br>-Sharjah Real Estate Hits AED 18.6 Million Record<br>-M2 ADGM Bank Account Now Supports Bitcoin and Ethereum</p>

<p><strong>Headlines:</strong><br><br>-Saudi Arabia Prepares for FIFA World Cup 2034 with Five Groundbreaking New Stadiums<br>-Elon Musk Says Dubai Is Winning<br>-Fake Job Interview Emails from 'Breck’s Group' Target Job Seekers in Dubai</p>

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

<p><strong>Headlines:</strong><br>-Historic Move: UAE Grants First License for National Lottery and Legal Gambling<br>-Middle East Airlines delayed some flights to Beirut from Sunday to Monday<br>-Mall of the Emirates Gets a $44.9 Million Upgrade to Cut Commute Times</p>

<p><strong>Headlines:</strong><br><br>- Dubai Taxi Company Reports 14% Revenue Growth, Reaches $297 Million</p><p>-Inside Out 2 Becomes Biggest Animated Film Ever, Surpassing Frozen II Amid Disney Boycott Calls</p><p>-Saudi Arabia is among 80 countries preparing to sign a global agreement on e-commerce</p>

<p><strong>Headlines:</strong><br>- Over 120 Foreign Companies Relocated to Riyadh in Q1 2024<br>-Riyadh Office Market Stays Strong Amid Rising Rents and High Demand<br>-Aldar Expands Commercial Portfolio in Dubai with $490 Million Investment</p>

<p>Headlines:<br>-Shahid X Launches Limited Edition Collection Featuring Top Series<br>-70%+ of Saudi Investors Eye UK Property Market<br>-Dubai's GDP Up 3.2% to $31.3 Billion in Q1 2024</p>

<p><strong>Headlines:</strong><br>- Tech Glitch Sparks Cash Chaos at Starbucks: Digital Dependency Exposed<br>-Saudi Arabia's GDP Growth to Lag Behind GCC Neighbors in 2024<br>-Dubai Allocates $28.5 Million for Mental Wealth Framework to Boost Community Well-Being</p>

<p><strong>Headlines: </strong><br>-Bella Hadid Takes Legal Action as Adidas Faces stock drop and Boycott Calls<br>-Lifestyle Publication Faces Criticism Over AI Lifestyle Editor Reem<br>-From Their Living Room to $120 Million: Dubizzle Founders Remarkable Exit</p>

<p>Headlines:<br>-Adidas Apologizes and Drops Bella Hadid from Campaign Amid Israel Backlash<br>-Dubai Invests $300m in Public Transport Upgrade with 636 New Buses<br>-Palazzo Versace Dubai Lists for $380M Amid Owner’s Financial Shift: "Misleading Allegations" Denied</p>

<p>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, the region's first fintech investment banking platform, and CEO of "Pie," a leading M&A advisory for startups in Egypt.Co-founded and COO of Halan, Africa's largest super app and Egypt's top funded app, and has held pivotal roles at Careem. With a diverse portfolio as an investor in tech startups.</p>

<p>-UAE Businessman Khalaf Al Habtoor Urges Emiratis to Appreciate Their Blessings Amidst UK Family Outing Decline<br>-Careem Introduces 'Quick Electronics' with Massive Discounts<br>- Dar Global and Trump Organization Announce Launch of Iconic Trump Tower Dubai in 2025<br>-Yusuf Omar on Mobile Journalism and Global Storytelling<br> </p>

<p>-Saudi Airlines will receive its first deliveries from its $19 billion Airbus order in 2026, the largest in the Kingdom’s history<br>-Abu Dhabi's GDP increased by 3.3% in Q1 2024<br>-"Al Marjan Island with 12,000 Residential in rak Units Sold Out," Says Marjan CEO Arch Abdulla Al Abdouli</p>

<p>-Fix Dessert's $18.58 Chocolate Bars: The Sweet Investment That's Turning Heads<br>-Dubai's New Residents Shift to Property Ownership Amid Rising Rents<br>-UAE Leads GCC Projects with $16.34 Billion in Q2 2024"</p>

<p>-Saudi Arabia Ranks Second in Salary and Job Security Satisfaction<br>-Dubai Unveils World's First Electric Abra Built with 3D Printing Technology<br>-Trump Towers on Shaky Ground: Trump's Assassination Attempt Nearly Topples Middle East Business Alliances@Hesham @Ward</p>

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

<p>Headlines:<br>-Dubai Mall Sets New Visitor Record with 57 Million in First Half of 2024<br>-Saudi Arabia Signs 12-Year deal to Host First Olympic Esports Games in 2025<br>-Riyadh Air and Delta AirLines Forge Deal Amid boycott calls Over “Hamas Badge” Incident</p>

<p><strong>Headlines:</strong> <br>-Riyadh to Build World's Tallest Sports Tower<br>-Swvl Strikes Gold: $6.3M Contract with Etisalat Egypt<br>-UAE Ranks Among Top Five Fastest-Growing Emerging Economies in 2024</p>

<p>Headlines: <br>-Saudi Aramco's $12.35 Billion Share Sale: Largest Since Record IPO<br>-Qatar Airways Unveils New Stopover Packages for GCC Travelers at $14 Per Person<br>-Emirati-Egyptian partnership launches a $500 million Nile-side development</p>

<p>Headlines: <br>-Dubai Entrepreneur Launches Low Cost Air Kerala, Targeting Affordable Flights for Indian Expats<br>-UAE's Electra Acquires 20% Stake in Egypt's Elsewedy Electric for $450 Million-<br>Saudi Arabia Announces a Major Increase in Job Opportunities for Expats</p>

<p><strong>Headlines: </strong><br>-Dubai's '20-Minute City' Vision Drives Metro Expansion To 140 Stations<br>-Saudi Vision 2030 Boosted by all time high of $753bn in Liquidity<br>-Eric Trump Announces Family's Expansion Plans in Middle East</p>

<p>-Qatar is Launching a $5.5 Billion Mega Park: Bigger Than Disney<br>-Armani and Dior Bags Cost $60 to Make, Sold for $2,600 Amid Labor Exploitation Raids<br>-Abu Dhabi’s Alpha Data Considers $200 Million IPO</p>

<p><strong><u>Headlines</u></strong>: </p><ul><li>Adnoc Drilling lands a $733 million contract for three island rigs</li><li>Saudi Arabia's Esports World Cup offers a record $60 million prize fund</li><li>Financial Crime in UAE and Saudi Arabia Totals $1.8 Billion in 2023, Report Says</li></ul>

<p><strong><u>Headlines: </u></strong></p><ul><li>"Those Who Miss Out on Aramco Shares Will Regret It," Says Saudi Minister as Kingdom Unearths Oil & Gas Riches</li><li>Controversy Sparks Over Talaat Moustafa Group's $21 Billion Mega</li><li>Project Amid Economic Struggles andMurder Case History</li><li>Egypt Hits Record 7.1M Tourists, $6.6B Revenue Boost in 1H 2024</li></ul>

<p><strong><u>Headlines: </u></strong></p><ul><li>RTA Grants $117 Million Contract for Dubai Harbour to Sheikh Zayed Road Bridge Construction</li><li>Egypt Signs Landmark $33Bn Green Ammonia Projects with European Firms</li><li>Trump Plans Luxury Tower in Jeddah Amidst Conflict controversy</li></ul>

<p><strong><u>Headlines:</u></strong> </p><ul><li>Dubai's $6.8 Billion Initiative Aims to Attract $177 Billion in Investments by 2033</li><li>-AE Economy Set for 4% Growth in 2024 Amid Global Economic Uncertainties</li><li>Saudi Aramco Awards $25 Billion Contracts for Gas Expansion</li></ul>