Iran Can Sell Oil in Dollars Again; Saudi Pulls Funds; Meta Leak

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

Emaar's $54B Dubai Project, Mubadala Credit Business & OCI Buyout

HEADLINES: • Emaar's Unnamed $54 Billion Mega Project Likely to Be Dubai Estate: AGBI  • Mubadala Opens $25 Billion Credit Business to Outside Investors  • Nassef Sawiris Moves Closer to Taking OCI Global Private translate to arabic

Saudi's $135M Hijaz Eye, Iran-Qatar Trade & OSN's Anghami Buyout

HEADLINES: • Saudi Arabia Seeks Private Investors For Medina’s $135 Million Hijaz Eye Project  • Iran, Qatar Resume Maritime Trade After Five-Month Suspension  • OSN Moves To Take Anghami Private With $3.39-Per-Share Offer

Fanatics Enters Abu Dhabi, Tabby’s New SAMA Licences, and OSN’s Move to Take Anghami Private

In this episode of the Smashi Business Show, we analyze Michael Rubin’s Fanatics making its first international bet via a joint venture with Abu Dhabi's Momentum Group. We then dive into Saudi Arabia's fintech boom as Tabby secures crucial consumer and SME finance licences from SAMA. Finally, we break down OSN Streaming's preliminary cash proposal to acquire all remaining shares of Anghami in a major take-private transaction.