Qatar Blocks VW-Israel Deal, US-Iran Escalation in the Gulf, and Iraq’s OPEC Stance

Qatar Blocks VW-Israel Deal, US-Iran Escalation in the Gulf, and Iraq’s OPEC Stance

In this episode of the Smashi Business Show, we investigate Qatar's sovereign wealth fund vetoing a Volkswagen defense joint venture with Israel's Rafael. We then analyze the severe military escalation in the Gulf as US and Iranian forces exchange missile strikes following the closure of the Strait of Hormuz. Finally, we look at global energy markets as Iraq's Prime Minister clarifies Baghdad's stance on remaining within OPEC while pushing for a fair production quota.

Record UAE Oil, e&'s Vodafone Exit, US AI Chip Deal & Egypt's World Cup Reward

On today's episode of The Smashi Business Show, Abdul Majid Awan breaks down the biggest stories shaping the UAE and the region. Abu Dhabi's oil production hits a record 4.1 million barrels per day following its OPEC exit, while telecom giant e& sends its shares soaring after offloading its $5.95 billion Vodafone stake. The US eases export restrictions, unlocking access to advanced AI chips for Emirati firms, cementing the UAE's AI ambitions. Plus, Dubai billionaire Khalaf Al Habtoor rewards Egypt's national football team with Mitsubishi cars after their historic World Cup run. Business, tech, energy, and sport — all in one show.

Saudi-UAE Border Trade, Dubai Chocolate & Abu Dhabi Studio Deal

HEADLINES: • Saudi Arabia Denies UAE Border Trade Delays Amid Reports of Growing Disruption  • Dubai Chocolate' Creators Say They Never Named the Global Food Trend  • Abu Dhabi Deal Creates World's Largest Independent Studio   Newsletter: https://aug.us/4jqModr [https://aug.us/4jqModr] WhatsApp: https://aug.us/40FdYLU [https://aug.us/40FdYLU] Instagram: https://aug.us/4ihltzQ [https://aug.us/4ihltzQ] Tiktok: https://aug.us/4lnV0D8 [https://aug.us/4lnV0D8] Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

Oil Prices Surge, Iran Strikes, Saudi Gaming Boom & Deutsche Bank

HEADLINES: • Oil Prices Rise As Fresh US Strikes On Iran Raise Strait Of Hormuz Fears  • Deutsche Bank Secures Saudi Regional HQ Licence To Expand Riyadh Presence  • Saudi Arabia’s $7 Billion Gaming Bet Takes Center Stage As Esports World Cup Begins   Newsletter: https://aug.us/4jqModr [https://aug.us/4jqModr] WhatsApp: https://aug.us/40FdYLU [https://aug.us/40FdYLU] Instagram: https://aug.us/4ihltzQ [https://aug.us/4ihltzQ] Tiktok: https://aug.us/4lnV0D8 [https://aug.us/4lnV0D8] Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

ADNOC $1BN Deal, Canada-UAE Investment & QIA vs Byju's

HEADLINES: • Adnoc Distribution to acquire Shell South Africa’s downstream business  • Canada tells UAE it is not ready for its $70 billion investment  • QIA's Byju's Pursuit Signals Tougher Gulf Wealth Fund Strategy