SpaceX Mints Saudi Billions; Al Habtoor Eyes Syria; Altman Cancels Abu Dhabi Trip

MGX $50BN Raise; Foodics Norma Deal; Dubai Flexi Rents

HEADLINES: • MGX Led by HH Sheikh Tahnoon Just Raised $50 Billion as Abu Dhabi Courts Global Investors • Saudi Foodtech Giant Foodics Acquires Greek AI Startup Norma • Dubai launches ‘Flexi Rents’ initiative to ease tenant payment burden   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

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

HEADLINES: • US partially lifts Iran oil sanctions as peace talks gain momentum • Saudi Central Bank Said to Pull Money From at Least Two Managers • Leaked documents show Israel asked Meta to censor Iran war content and Meta complied 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

Saudi Spending Cuts, Atoms IPO Plans & MGX’s Billion-Dollar AI Bet

HEADLINES: • Saudi Pullback Hits BCG as PIF Cuts Consulting Spend  • Uber co-founder Kalanick’s Atoms eyes Saudi IPO as market waits for stability  • MGX explores multi-billion-dollar bid for Singapore’s DayOne   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

Proptech Rewards, Trade Shield Restructuring, and Travis Kalanick’s Saudi Ambitions

In this episode of the Smashi Business Show, we explore Dubizzle Group’s strategic investment in Tern, a pioneer in the UAE rental rewards landscape that brings flexible credit card payments to tenants. We then shift to a crucial sovereign update as the UAE restructures the board of Etihad Credit Insurance under Dr. Thani Al Zeyoudi to boost global export protections. Finally, we break down Uber co-founder Travis Kalanick’s plans to launch a Saudi IPO for his new AI and robotics venture, Atoms, despite a regional cooling in new public listings.

Hormuz Closure Returns; UAE Royal Steers Iran Ties; Saudis Eye Newcastle Stake Sale

Iran has once again declared the Strait of Hormuz closed as peace talks with the United States prepare to begin in Switzerland. We break down what the move means for global energy markets and why investors are watching shipping traffic closely.