The Smashi Business Show

<p><strong>HEADLINES : </strong><br>- Middle Eastern and Global Markets Plunge Further Over Tariffs and Oil Prices<br>- DFM Chief “very optimistic” about continued IPO momentum in 2025<br>- PGA Tour Rejects Saudi $1.5B Offer To Keep LIV Golf Alive Amid Merger Talks</p>

<p><strong>HEADLINES:</strong><br>- Aramco loses $90B as Middle Eastern Markets crash, Asian Markets Open Red on Monday<br>- Jordan risks sharp economic hit as the Middle East's most exposed to US tariffs<br>- Dubai to Build Eight-Lane Bridge Over Dubai Creek to Ease Traffic and Support Growth</p>

<p><strong>HEADLINES:</strong><br>- All Red in UAE, Saudi, Egypt, as Markets Come Crashing Down<br>- B Laban's case and the Importance of Crisis Management<br>- Abu Dhabi’s CYVN Holdings Completes Acquisition of McLaren Automotive</p>

<p><strong>HEADLINES:</strong></p><p>- Trump Imposes Reciprocal Tariffs on UAE, Saudi Arabia, the Middle East & World</p><p>- Founder of Damac Group Hussain Sajwani’s Wealth Doubles to $10.2 Billion</p><p>- Uber and WeRide Partner with RTA to Bring Self-Driving Taxis to Dubai</p><p>- Egypt's Richest Man Nassef Sawiris has Officially Moved to Italy from UK</p>

<p><strong>HEADLINES:</strong></p><p>- Trump confirms Saudi Arabia visit in May, adds UAE and Qatar to itinerary- Saudi Arabia Reportedly Closes Egyptian Dessert Chain ‘B Laban’ Amid Food Poisoning Reports</p><p>- Saudi Arabia's capital markets regulator approves flynas IPO</p><p>- Apparel Group founder Sima Ved meets Virgin's Richard Branson</p>

<p><strong>HEADLINES:</strong></p><p>- UAE Central Bank Unveils New Dirham Symbol</p><p>- UAE’s Sukuk Top in the World as Emaar and Aldar Lead Global Rally</p><p>- e& Sells, MGX and Silver Lake Buy Stake in Khazna Data Centers</p>

<p><strong>Headlines:</strong><br><br><strong>- </strong>Saudi PIF-backed Scopely is Eyeing Acquisition of More Hit Titles</p><p>- Tesla to Launch in Saudi Arabia on April 10</p><p>- UAE Renewables Giant Masdar’s IPO Speculation<br>- Entrepreneur Challenges ‘Slow Period’ Myth</p><p><br> </p>

<p><strong>Headlines : </strong><br>- UAE's Crackdown on Illegal Money Transfers, Hawala, is 'working'<br>- UAE and Saudi companies use long-term salary bonuses to attract CEO talent<br>- Dubai’s Emirates NBD and BlackRock to bring private market investments to its wealth management clients<br>- Almarai's Application of Vertical Integration</p>

<p><strong>HEADLINES:</strong></p><p>- Saudi PIF Orders Deep Spending Cuts Across Over 100 Companies: AGBI</p><p>- Temasek’s $54 Billion Asset Management Unit Opens Abu Dhabi Office</p><p>- Warner Brothers Discovery buys one-third stake in Dubai's OSN</p><p>- Aramex's Implementation of Global Strategic Alliances</p>

<p><strong>HEADLINES:</strong></p><p>- UAE Pledges $1.4 Trillion Investment in U.S. Over 10 Years</p><p>- Viral Dubai Chocolate FIX Founder Sara Hamouda meets HH Sheikh Mohammed</p><p>- Dubai’s Luxury Watch Boom: Demand Soars Amid Global Slowdown</p><p>- Disruptive Innovation and Anghami</p>

<p><strong>HEADLINES:</strong></p><p>- Mubadala Weighs Selling Part of $1 Billion Stake in Du</p><p>- ADQ, Energy Capital Partners Announce $25B+ Data Center Energy Deal</p><p>- Adani in Advanced Talks to Acquire Emaar India for $1.4 Billion</p><p>- Keeta using penetration pricing to win in the Saudi market.</p>

<p><strong>HEADLINES:</strong></p><p>- Ben & Jerry’s Accuses Unilever of Silencing Support for Gaza</p><p>- Musk's xAI is joining MGX, Microsoft, Blackrock for their $30B AI Plan</p><p>- HH Sheikh Tahnoon Meets Elon Musk, and Oracle's Larry Ellison</p><p>- Vertical Integration – Majid Al Futtaim’s Retail Empire</p>

<p><strong>HEADLINES:</strong></p><p>- Google acquires Israeli cybersecurity startup Wiz for record $32 billion</p><p>- HH Sheikh Tahnoon meets President Donald Trump on US visit</p><p>- Egypt Suez Canal monthly revenue losses at around $800 million, Egypt President</p><p>- First Mover Advantage – Noon’s E-commerce Playbook</p>

<p><strong>HEADLINES:</strong></p><p>- Residential rents grew 20 percent in 2024, while sales prices climbed by 11 percent in Abu Dhabi: report</p><p>- Arab Region’s GDP Hits $3.6 Trillion in 2024 Amid Growth in Key Economies</p><p>- US weighing in on Lebanon's next central bank chief, reuters sources say</p><p>- Customer-Centric Strategy Used to Perfection by Emirates Airlines</p>

<p><strong>HEADLINES:</strong></p><p>- HH Sheikh Tahnoon Bin Zayed’s Official Visit to the US Starts Today</p><p>- Telegram Founder Durov Allowed to Temporarily Leave France: AFP Reports</p><p>- Binghatti wins bidding war for AED35 million car number plate</p>

<p>– Qatar supplies gas via Jordan to aid Syria’s electricity crisis, marking a major policy shift.<br>– Record revenue of $20 billion, strategic investments, and sustainability milestones.<br> – Israel invites Tesla to supply EVs for government officials, strengthening ties between Musk and Netanyahu.<br><br>Subscribe to our Newsletter: https://aug.us/4fZIDus<br>Join WhatsApp: https://aug.us/40FdYLU<br>Follow us on Instagram: https://aug.us/4ihltzQ<br>Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY<br>#SmashiBusiness #WeekendEdition #Qatar #DPWorld #Tesla #BusinessNews</p>

<p><strong>HEADLINES:</strong></p><p>- Chinese Automakers Gain Ground in UAE as Ramadan Competition Heats Up</p><p>- PwC’s Consulting Ban From PIF Has Deloitte, EV and others Hunting for Work: Bloomberg</p><p>- Saudi Pro League Still Leads in Spending — Despite a 52% Drop!</p><p>- The Abraaj Group's Collapse and Ethical Oversight</p>

<p><strong>HEADLINES:</strong></p><p>- Abu Dhabi's MGX Invests $2 Billion in World's Biggest Crypto Exchange Binance</p><p>- Saudi-Owned Scopely has Acquired Pokémon Go in $3.5 Billion Gaming Deal</p><p>- "Make Energy Great Again," is what the UAE Minister has told the World at CERAWeek 2025</p><p>- How Did They Do It? Sephora, Sephoria, and 'Experience Economy'</p><p>- Rui Liu: CEO and founder of LEOS International</p>

<p><strong>HEADLINES:</strong></p><p>- Aramex Shares Climb as ADQ Secures Majority 58% Stake</p><p>- Egyptians are Leading the Growth Rate of Foreign Buyers in Dubai’s Property Market with a Spike of 150%</p><p>- UAE Women Entrepreneurs Face Funding Hurdles but Embrace Digital Growth</p><p>- How did they do it? Alshaya Group and RBV Theory</p>

<p><strong>HEADLINES:</strong></p><p>- Sheikh Tahnoon’s Multiply Group Targets $1B Cooling Unit Sale</p><p>- PIF Unveils Saudi Arabia’s First Duty-Free Retail Venture</p><p>- Adnoc Set to Expand with U.S. Natural Gas Field Acquisition</p>

<p><strong>HEADLINES:</strong></p><p>-WTA Introduces Paid Maternity Leave with Saudi PIF Backing</p><p>-Trump Plans Saudi Arabia Visit Amid Military Deals and Diplomatic Talks</p><p>-Europe Backs $53 Billion Gaza Rebuilding Plan: France, Germany, Italy, and UK Show Support</p>

<p><strong>Description:</strong><br><br>In this weekend edition of the Smashi Business Show, Abdul Majid Awan breaks down three major business stories. We dive into the fallout between PwC and Saudi Arabia’s Public Investment Fund, the race to build a record-breaking 2km megatall tower in Riyadh, and Qatar Airways’ decision to slow its rapid expansion after one final big aircraft order.</p><p></p><p>Stay tuned for the latest insights and don’t forget to subscribe to our newsletter and follow us on social media.</p><p></p><p>Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQ</p><p>Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY</p>

<p><strong>HEADLINES:</strong></p><p>-  UAE-Based Talabat Acquires InstaShop From Delivery Hero in $32 Million Deal</p><p>- Starbucks Closes Four Branches in Jordan as Boycott Pressure Intensifies</p><p>- PIF and TKO Group Partner to Launch New Boxing League in Saudi Arabia</p>

<p><strong>HEADLINES:</strong></p><p>-  Saudi Arabia Launches Investment Marketing Authority to Boost FDI</p><p>- UAE's Khaleej Times Editor-in-Chief Fired After 16 Months in Charge</p><p>- Aviation Update: Etihad IPO Delayed, Emirates to Spend $5B Refitting 220 Aircraft</p>

<p><strong>HEADLINES:</strong></p><p>-  Arab Leaders Approve $53 Billion Gaza Reconstruction Plan, Rejecting 'Trump Gaza'</p><p>- BlackRock’s GIP Expands to Qatar as Global Investment Firms Flock to the Region</p><p>- Saudi’s Ninja Eyes $1B+ Valuation in Pre-IPO Fundraising</p>

<p><strong>HEADLINES:</strong></p><p>- Dubai’s Expat Boom Reshapes Job Market, Salaries & Lifestyles, Reports Bloomberg</p><p>- EU Reopens Trade with Syria: Strategic Aid or Economic Opportunism?</p><p>- WSJ Spotlights His Highness Sheikh Tahnoon</p>

<p><strong>HEADLINES:</strong></p><p>- Saudi Wealth Fund Suspends PwC from Advisory Work for a Year</p><p>- Microsoft Pushes for AI Export Rule Changes to Gulf Allies</p><p>- US Secretary of State Signs Declaration to Fast-Track $4 Billion in Military Aid to Israel</p><p> </p>

<p>Top stories:</p><p> </p><ul><li>PwC’s One-Year Ban from Saudi PIF Contracts</li><li>Saudi Rental Yields Lead the Gulf Amid Demand Surge</li><li>Arada’s Future IPO Plans After Record-Shattering Sales<br><br>Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY</li></ul>

<p><strong>HEADLINES:</strong></p><p>- Saudi Stocks Extend Losses on Weak Earnings; Emirates NBD Lifts Dubai</p><p>- FBI Confirms North Korea’s Lazarus Group Behind $1.5B Bybit Hack</p><p>- Australia Approves Qatar Airways' 25% Stake in Virgin Australia to Boost Competition`</p>

<p><strong>HEADLINES:</strong></p><ul><li>Majority-owned by PIF, Lucid Motors CEO Peter Rawlinson Steps Down</li><li>UAE’s IPO Pipeline Heats Up With Major Listings on the Horizon</li><li>"e& Shares Jump After $2.2 Billion Stake Sale in Khazna to G42 "</li></ul>

<p><strong>HEADLINES:</strong></p><p>- Web Summit Qatar 2025</p><p>- Saudi IT Firm Nets $3.4M After Selling OpenAI Stake</p><p>- IHC, Led by Sheikh Tahnoon, to Invest $1B in Low- & Middle-Income Groups</p><p>- KPMG Partner Zeeshan Ijazz on Leadership, Challenges & Career Success</p>

<p><strong>HEADLINES:</strong></p><p>- Web Summit Day 3 Updates Live from Doha Exhibition and Conference Center</p><p>- Softbank's Masayoshi San says he hasn't given returns to PIF still</p><p>- Dubai's VARA says they're keepin an eye on the hack at 'unregulated' ByBit</p><p>- Emaar Properties' Mohamed AlAbbar is bullish on the Egyptian property market</p><p>- Interview with Qatar's first delivery and Utility app Snoonu's founder and CEO Hamad Al Hajri</p>

<p><strong>HEADLINES:</strong></p><p>- Day 2: Web Summit Qatar 2025 is in full swing in Doha</p><p>- Bybit's $1.5 billion hack and the announcement of reward</p><p>- Musk Tower in UAE to be truly 'international', says Errol Musk</p>

<p>Alpha Data’s $163M IPO on ADX </p><p>– UAE-based tech company Alpha Data is set to raise up to Dh600 million ($163.4M) through its IPO on the Abu Dhabi Securities Exchange (ADX), reflecting strong investor demand.Dubizzle Acquires Hatla2ee </p><p>– Dubizzle Group expands its footprint in Egypt with the acquisition of Hatla2ee, a leading online car marketplace, as part of its pre-IPO strategy.Middle East Feels Impact of USAID Cuts </p><p>– Trump's USAID funding suspension has caused disruptions, including Al</p><p>-Hawl refugee camp in Syria facing a humanitarian crisis and Jordan losing key financial support.</p><p> </p><p>Subscribe to our daily newsletter here: https://aug.us/4fZIDusFollow our WhatsApp channel: https://aug.us/40FdYLUFollow us on Instagram: https://www.instagram.com/smashibusiness/Watch Smashi Business Show (Mon-Friday) here: https://www.youtube.com/@Smashi-Business</p>

<p><strong>HEADLINES:</strong></p><p>-Saudi Arabia Introduces New Currency Symbol to Strengthen Global Financial Presence</p><p>-Saudi Arabia Selects Miami for Its Second US Investment Office</p><p>-UAE’s IDEX & NAVDEX 2025 Deals Hit AED23.72 Billion in Four Days</p>

<p><strong>HEADLINES:</strong></p><p>- Step Dubai Conference | Dubai Internet City</p><p>- Trump Applauds Saudi Arabia at FII PRIORITY Summit in Miami</p><p>- Putin Calls for Russia-US-Saudi Energy Talks Amid Global Market Shifts</p>

<p><strong>HEADLINES:</strong></p><p>- Dubai's Luxury Property Market Will Grow 9.9% in 2025 After a 6.8% Increase in 2024</p><p>- Saudi PIF's SURJ Sports Investment Acquires Minority Stake in DAZN</p><p>- Jordanian-American Entrepreneur Amjad Masad Shares His Thoughts on Grok 3</p>

<p><strong>HEADLINES:</strong></p><p>- Huda Beauty Sells Stake in Kayali to General Atlantic</p><p>- Emaar to Boost Investments in Egypt by $7 Billion, Expanding Presence in Real Estate</p><p>- How GetProp is transforming real estate through AI-powered search and verified listings</p>

<p><strong>HEADLINES:</strong></p><ul><li>Dubai viral Chocolate Founder Meets HH Sheikh Hamdan at World Government Summit</li><li>Syria Receives Currency Shipment from Russia Amid Liquidity Crisis</li><li>Elon Musk’s xAI Eyes $10 Billion Funding, Backed by Middle Eastern Investors</li></ul>

<p><strong>HEADLINES:</strong></p><p>- Elon Musk’s Big Ideas at World Governments Summit 2025 in Dubai</p><p>- Saudi’s $600B Trade Pledge to US ‘Unlikely to Be Achieved,’ Says Former IMF Official</p><p>- Americana Restaurants Reports $2.2B Revenue in 2024, Eyes Continued Recovery</p>

<p><strong>HEADLINES:</strong></p><p>- Elon Musk tells World Government Summit in Dubai: 'America should mind its own business'</p><p>- LEAP 2025 Riyadh: $24B in Investments and Deals Announced</p><p>- Saudi Arabia’s Neom Signs $5 Billion Deal for AI Data Center with DataVolt</p>

<p><strong>HEADLINES:</strong></p><p>- Saudi Unicorn Tabby Hires Banks for Potential IPO, Eyes Listing on Tadawul: Bloomberg</p><p>- Etihad Airways May List on ADX as Early as this Month for $1 Billion IPO</p><p>- Leap 2025: Saudi Arabia Unveils $14.9B in Tech Investments</p>

<p><strong>HEADLINES:</strong></p><p>- PIF Backs Ambitious $5 Billion Basketball League to Rival NBA</p><p>- $17M Saudi Auction: Botero and Banksy Lead Sotheby’s Historic Debut</p><p>- MONIIFY Layoffs: Former Advisor Yaser Bishr ‘Devastated’ Over Job Cuts</p>

<p><strong>Headlines:</strong><br><br><strong>- </strong>UAE’s $50 Billion Bet on AI: Building Europe’s Largest AI Hub in France<br><strong>- </strong>Elon Musk & Global Leaders Gather in Dubai for the World Governments Summit<br><strong>- </strong>UAE-India Trade Agreement Expands Beyond $100 Billion, Unlocking New Opportunities<br> </p>

<p><strong>HEADLINES:</strong></p><ul><li>MONIIFY’s Multi-Million-Dollar Gamble: Where Were the Red Flags?</li><li>LEAP 2025 in Riyadh Poised to Transform the Tech Landscape</li><li>Saudi Arabia’s IPOs Lead the MENA Region by Outshining UAE and Egypt in 2024</li></ul>

<p><strong>HEADLINES:</strong></p><p>- Egyptian Billionaire Naguib Sawiris’ Media Startup in Dubai, MONIIFY, Lays Off Hundreds Just Months After Launch</p><p>- Open AI's Sam Altman to stop in Abu Dhabi for MGX fundraising talks, sources say</p><p>- Reuters Expands in the Middle East with New Arabic Website & Reuters NEXT leadership event</p>

<p><strong>HEADLINES:</strong></p><p>- UAE Cabinet Approves Major Infrastructure, Cybersecurity, and Economic Initiatives</p><p>- BlackRock Eyes Kuwait Expansion to Strengthen Gulf Presence</p><p>- Riyadh Air and LIV Golf Sign Multi-Year Partnership Ahead of 2025 Season Launch</p>

<p><strong>HEADLINES:</strong></p><p>- $11 trillion AUM giant BlackRock is exploring plans to establish an office in Kuwait</p><p>- Abu Dhabi’s TA’ZIZ Awards $1.7 Billion Contract for UAE’s First Methanol Plant</p><p>- Meta has officially launched its AI assistant, Meta AI, in the MENA region</p>

<p><strong>HEADLINES:</strong></p><p> </p><p>- Sharjah Entrepreneurship Festival 2025 Highlights</p><p>- Al Habtoor Group Considering IPO for Hospitality Arm</p><p>- London-listed Dar Global starts work on $531mln Trump Tower Jeddah</p>

<p><strong>HEADLINES:</strong></p><p> </p><p>- Expo City Dubai is turning country pavilions into luxury homes</p><p>- Amjad Masad calls out Trump's executive order on antisemitism</p><p>- Germans are embracing Dubai chocolate like never before!</p>