GEMS India Push; Al-Futtaim Saudi Overhaul; UAE Oil Recovery

Saudi’s $55B EA Bet, Iraq’s Starlink Deal & Bin Sulayem’s Malaysia Move

Saudi Arabia moves closer to a $55 billion takeover of gaming giant Electronic Arts, Iraq signs a landmark agreement with Starlink as part of a broader investment package with United States companies, and Malaysia responds after former DP World chairman Sultan Ahmed bin Sulayem takes the helm at MMC Port Holdings. We break down what happened, why it matters and what these developments could mean for the region's technology, logistics and investment ambitions.

Uber Talabat Deal, G42 US Investors & EDGE Brazil Acquisition

HEADLINES: • Uber to buy Talabat owner Delivery Hero in $14.8 billion deal • WSJ: G42 Considers Selling Stake to US Investors • EDGE to acquire 100% stake in Brazilian Aerospace Engineering Firm AKAER 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

UAE Business: Bin Sulayem, Alabbar & AI

HEADLINES: • Former DP World Chairman Bin Sulayem Takes Over Malaysia Port Giant • Alabbar Says New Syria Development Company Will Be Majority-Owned by Syrians • UAE AI Startup Algebra AI Raises $7M to Target 30,000 GCC Businesses   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

Lucid Bankruptcy Claims; Abu Dhabi $300B Fund; Hormuz Fee

HEADLINES: • Saudi PIF-Backed Lucid Denies Bankruptcy Report, Issues Cease-and-Desist • Abu Dhabi Revamps $300 Billion L'imad Fund to Drive Global Dealmaking • Trump Drops 20% Fee for Hormuz Cargo After Gulf Pressure

Iran Hormuz Attack, Dubai Port & Egypt World Cup Bonus

HEADLINES: • Iranian missiles strike 2 UAE tankers in Hormuz, killing one crew member: MOD • Dubai plans new port to bypass Strait of Hormuz•  Naguib Sawiris Rewards Egypt World Cup Squad With EGP 1M Each 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