The Smashi Business Show

<p><strong><u>Headlines:</u></strong></p><ul><li> -Saudi Job Market Sees Gains: Men's Unemployment Drops, Women's Participation Up 35.8%</li><li>-Aramco to Acquire 10% Stake in Renault-Geely JV Horse Powertrain Valued at $8.2 Billion-Exclusive: FTI Group Bankruptcy Leaves Redsea24 Employees in Egypt Uncompensated</li><li>-Saudi's $22bn sports market beckons UK investors to seize growth opportunities</li></ul>

<p><strong><u>Top Stories:</u></strong></p><p>-Dubai's QUBE Development to Invest $700 million  in New Property Projects</p><p>-Kingdom Tops Emerging Markets with 18.5% Share in Dollar Debt Issuance</p>

<p><strong><u>Top Stories:</u></strong></p><ul><li>Saudi Arabia Launches Summer 2024 Tourism Plan With Visa Support, Free Flights & Tax-Free Shopping</li><li>Donald Junior Trump Is Working On Projects In Oman And DubaiD</li><li>ubai's Shard Platform Lets Investors Co-Own Luxury Properties From $54,000</li></ul>

<p><strong><u>Headlines:</u></strong></p><ul><li>Vision 2030 Could Cost Saudi Arabia $1.3 Trillion in Construction Alone</li><li>Qatar Signs Major AI Deal with Nvidia, Boosting Tech Capabilities in Five Middle Eastern Nations</li><li>Saudi Construction Sector Set to Lead Global Market with $181.5 Billion Growth</li></ul>

<p><strong><u>Headlines:</u></strong></p><ul><li>CEO Elie Habib shares osn+ rebuild story in Middle Eastern Tech Milestone</li><li>UAE Downgrades 2024 Inflation Forecast to 2.3%</li><li>Dubai Real Estate Market Breaks Cycle, Prices Continue Upward Trend</li></ul>

<p><strong><u>Top Stories Today</u></strong></p><ul><li>Saudi Arabia to Welcome 300 Millionaires with Strategic Investment Initiatives</li><li>Essar Group Set to Invest $4.5 Billion in Low-Carbon Steel Plant in Saudi Arabia</li><li>The Public Investment Fund Plans to Invest $15 Billion in Brazil</li></ul>

<p>Ahmed Luxor and Amr Mansi, the people behind Shark Tank Egypt explain the success of the show, the number 1 show in Egypt now entering its third season</p>

<p>- Emirates Group announces 2023-24 results<br>- Fines For Influencers In Abu Dhabi Announced<br>- Masdar to buy 67% stake in Greece's Terna Energy</p>

<p>- UAE based hospitality platform QStay secures $4.6M<br>- Impact BBDO founder Alain Khouri passes away<br>- Germany cancels arrest warrant for Riad Salameh</p>

<ul><li>Nvidia crosses $1 trillion most valuable company in the world</li><li>Million Dollar Island Show</li><li>Patchi Founder Nizar Choucair Passes Away</li></ul>

<p><strong><u>Headlines</u></strong></p><ul><li>Saudi Arabia Ditches 50-Year Oil Deal with US, Unleashing Seismic Shift in Global Currency</li><li>Saudi Arabia launches self driving flying taxis for Hajj</li><li>PIF May Establish A Boxing League Worth $4-5 Billion</li></ul>

<p><strong><u>Headlines:</u></strong></p><ul><li>Dubai Court Issues Arrest Warrant for BlueChip Owner Over Unpaid Millions</li><li>UAE Allocates $460 million for Emirati Housing Support</li><li>Saudi Aramco Completes Secondary Share Offering and Attracts Global Investors</li></ul>

<p><strong><u>Headlines</u></strong></p><ul><li> ADNOC Redeems $1.199 Billion Bonds, Maintains Full Ownership of ADNOC Distribution</li><li>UAE-based prop-tech Stake closes $14M Series A</li><li>Elon Musk to ban apple devices over open ai integration</li></ul>

<p><strong><u>Headlines:</u></strong> </p><p>-Dubai Appoints 22 Chief AI Officers to Lead Tech Initiatives</p><p>-Aramco Update: Shares Rise After Follow-On Offering</p><p>-Saudi Arabia's Q1 GDP Contracts 1.7% Amid Oil Sector Struggles</p>

<p><strong><u>TOP STORIES</u></strong></p><ul><li>Emirati Father's Viral Tweet Lands Son a Dream Job Offer from Emaar Founder</li><li>Starbucks Reports Global Sales Decline of 1.8% amid boycotts: Biggest Drop in US Market in Years</li><li>Egyptian Customer Orders $631 iPhone 13 from Amazon, Receives Packet of Local Tea Instead</li></ul>

<p>Al Habtoor Faces Delays & Criticism for Planned Lebanese TV Channel: Al Habtoor Group's plan to launch a new Lebanese TV channel encounters delays and faces public and industry criticism.</p>

<p>Exclusive: Dubai's Chili's revamps, Shein's IPO eyes London, Saudi office rents spike, new Al Maktoum terminal underway</p>

<p>X's formal approval of adult content has sparked controversy, while Dubai Mall plans a $400 million expansion to add 240 luxury stores and restaurants. The Hadid sisters donated $1 million to aid Palestinians in Gaza, and Abu Dhabi Police have denied rumors of a 50% traffic fine discount</p>

<p>Meta: Israel-Hamas misinformation likely AI-generated</p><p>‘Never trust an arab,‘ racist comments pile up in the financial times‘ comment section after Aramco story</p><p>Disney Boycott Casts Doubt on Pixar's Revival with Inside Out 2</p>

<p> Failed government planning, not expats, are Kuwait's main problem, says a politician, while Saudi and Kuwait have reopened talks about a high speed train between the two countries, emerging economies will receive $903BN inflows, Dubai's real estate sector saw $4.3BN in transactions, the Saudis wants Wall Street to come to them, and Instagram under fire for locking out Palestinian journalist Motaz Azaiza</p>

<p>A customer has claimedd Nike cancelled his Free Palestine inscribed shoes, a $37.8M penthouse has broken records in the Burj Khalifa district, Qatar Airways has partnered with Elon Musk's startlink, and Lovin Dubai-owner Augustus Media has acquired Hello Qatar</p>

<p>Scandal-ridden Drake and Schull sees 30% surge in shares, Pepsi’s “stay thirsty” ad sparks outrage amid boycotts, the PIF’s domestic focus spooks global asset managers, the Telegraph will be biggest loser after blocked sale according to the chief of the IMI, a Riyadh employee developed a chatbot to tackle choosing lunch, and footballer Mido takes his academy global after a Shark Tank win</p>

<p>Tech entrepreneur who sold startup to Noon speaks out on bullying, UAE and London funds back a Dubai mortgage platform in oversubscribed funding round, Sheikh Tahnoon’s IHC is eyeing a $5bn buyback to revive its stock, and Oprah, Idris Elba and will.i.am are among celebs in Saadiyat Cultural District's new campaign</p>

<p>Social media users are calling for the boycott of PureGym UAE, UAE is second globally for longest working hours, 12 passengers have been injured aboard a Qatar Airways flight, Egyptian billionaire Naguib Sawiris has offered to pay for wounded Palestinians, Dubai’s homegrown burger joint Pickl is opening 30 branches in a franchise deal, and our guest, sports agent Saif Al Rubie, talks fame, fortune, and frenemies</p>

<p>Pavel Durov says he doesn't own any yachts, land, or real estate. Why? Listen to find out. Plus, the missing link when it comes to Emiratisation, Tabby and Rasan's rivalry, and Sarwa's crisis management after that $122,500 fine</p>

<p>Sarwa, a startup in the UAE that gives investment advice through robots, is being fined $390k!</p>

<p>Nadine Nassib Njeim launches her own beauty brand inspired by the Beirut tragic event , Saudi-based MDD secures $26.6M in a funding round, Ronaldo & Ahmed Talk Football, Fitness, and Partnership on WHOOP Podcast, Rashid Al Mulla shares insights on Frio Sparkling Water</p>

<p>The VP of Rotana Media says linear TV is very much alive, a UAE production firm wants to help old Emiratis rebuild homes using VR, Tamara's CEO urges entrepreneurs to ditch their Plan B, Wizz Air Abu Dhabi has revealed a multi-pass subscription Service, OpenAI Pauses ChatGPT Voice After Scarlett Johansson's Legal Concerns</p>

<p>Shark Tank VC Elie Khouri says 2 deals fell through after the Dubai show, Maha Abouelenein says personal branding isn't just about promoting yourself, while London's SALT has been revealed to be a rip-off of he original UAE-based restaurant.</p>

<p>From a $6,000 investment to a billion-dollar empire, Huda Beauty remains a leader in the beauty industry.</p>

<p>Property Finder is mulling a $1bn listing after a preliminary roadshow, Dubai's Palazzo Versace hotel is up for sale for half of its cost price, questions have been raised around the ownership of Blinx media, an Abu Dhabi fund has sealed a $1.45bn acquisition of British media house, and a Saudi designer has accused Yasmine Sabri of sabotaging his dress</p>

<p>From a $6,000 investment to a billion-dollar empire, Huda Beauty remains a leader in the beauty industry.</p>

<p>Hala Insurance founder Walid Dib has sold his new startup CallMi, Walid Shihabi's rent now, pay later startup Keyper has secured $4M in equity & $30M in sukuk, the Egyptian government may launch its own ride-hailing service, and we give you the highlights from the Qatar Economic Forum. Plus, we talk present and future effects of lenient crypto regulations in the UAE with the CEO of AD-based crypto exchange M2</p>

<p>The PIF is making bold moves, and reducing its holdings in US equities, while Alabbar joins a list of GCC investors banking on Egyptian land. In Dubai, a radio presenter is competing in the world of healthy snacks, and from Doha, we bring you more insights from the Qatar Economic Forum.</p>

<p>From the President of Poland to Trump's best friend and the Gulf's top business personalities, the Qatar Economic Forum is one of this year's most anticipated events. Listen to our insider analysis on discussions happening both on stage and behind closed doors</p>

<p>E& UAE sets new record with world's fastest 5G speed, Cristiano Ronaldo invests in Egyptian American tech founder's company, Emirates Group posts record $5.1BN profit, up 71% from last year, Dubai & Doha among world's top 5 luxurious airports, and influencer Hadia Ghaleb is facing backlash for her swimsuit collection</p>

<p>Elon Musk's Burnt Hair, Botim reveals PalmPay, for Gaza, people are blocking celebrities to stop ad-revenue, a Saudi podcast has overtaken Joe Rogan globally as most viewed, Egypt wants Apple to build a factory there, and a Saudi HR startup and an i investment fund have joined forces.</p>

<p>LuLu Hypermarket, part of LuLu Group International, has expanded from one Dubai store to 260+ outlets in 26 countries. With $8 billion in annual revenue and 70,000 employees worldwide, it's diversified into malls, real estate, and digital platforms.</p>

<p>Apple is under fire for “the worst ad ever,” while Dubai Duty Free’s legendary CEO Colm Mcloughlin is retiring, and Saudi will reveal $100bn in aviation investments. Plus, our review of the Arabian Travel Market.</p>

<p>Americana's Q1 net profit and revenue dropped almost 52% thanks to boycotts over the Gaza genocide, TikTok has sued the US government for threatening to ban the Chinese social app, while the US itself has stopped a bomb shipment to Israel for concerns over its military operations in Gaza.</p>

<p>Latest in the Gulf: GCC visa talks, Dubai parks expansion, Aramco dividends, Emirates upgrades, and Dubai's tourism boom!</p>

<p>World's largest casino will be in RAK, Israel raids Al Jazeera offices in 'criminal act' on freedom of press, Egyptian Shark Tank star Ahmed Tarek invests $100M in healthcare, education, and Eid Al Adha is coming but do entrepreneurs ever plug off?</p>

<p>UAE’s Al Habtoor is opening a channel and studio city in Lebanon, Mohamed Hadid’s company is filing for bankruptcy, real estate firm Aldar could have paid Tony Robbins $1M to give a private pep talk in Dubai, Dubizzle has acquired Drive Arabia for an alleged $8.2M and an ex-TikTok employee is being praised for his honest post about redundancy</p>

<p>Anghami's seeing recovery with less losses and higher subs, regional stock exchanges should support non-profitable companies, Hermes is facing backlash, Dubai is among top 5 places to work, and UAE companies have highest level of female board members in GCCWe're doing vertical cut from yesterday timestamps already sent, Ali K didn't feel well yesterday so we're doing today</p>

<p>Floyd Mayweather is allegedly banned from leaving Dubai until he repays outstanding debts, a new $13.6K fine for real estate brokers announced, Spinneys has become the most oversubscribed private listing in DFM history, we reveal the Nakheel chiefs who left after the CEO’s departure, “If you don’t show up, we don’t get paid,” says a salon owner on a cancellations policy, UAE insurance companies have raised prices by 30% after the storm and SWVL has posted $3.1M net profit</p>

<p>Ryan Reynolds is Yas Island's new chief island officer, Dubai-based football agent found not guilty in high profile intimidation case, RAK will welcome a $250M beachfront project with Aston Martin, Aldar's Q1 profits soared 88% and is also planning a $6.8NB beachfront project, and the co-founder of on-demand talent platform Outsized talks the gig economy</p>

<p>Nakheel, Roshn CEOs resign in major leadership change to UAE and Saudi developers, Qatar Airways will reveal world’s first AI cabin crew at ATM, apartments are still the preferred choice for buyers, Hussain Sajwani says the Dubai floods were “overly exaggerated,” and Dubai customs seize 4.2KGs of marijuana</p>

<p>Dubai will have one airport as Al Maktoum International eyes $35bn expansion, Telegram's Pavel Durov says he will never leave the UAE, SMEs affected by the floods will get interest-free loans, Shark Tank's Mr Wonderful is in Egypt, and RedBird IMI will exit the Telegraph auction</p>

<p>. Through her expertise in innovation and collaboration, Rana inspires listeners to join the movement towards a more sustainable future. </p>

<p>Saudi, UAE take legal action against influencer who slammed Dubai during floods, ADQ acquires 49% stake in Plenary Group, Jeddah's King Abdulaziz Airport ranks first in March with over 15 million passenger annually, how Dubai's RTA has helped millions, Spinneys kicks off Dubai IPO and the future-obsessed Dubai entrepreneur who wants to freeze her body</p>