UAE Trade Hits Record High | Dubai's Transport Expansion | Iraq Reshapes Oil Export Routes

UAE Trade Hits Record High | Dubai's Transport Expansion | Iraq Reshapes Oil Export Routes

The UAE's non-oil foreign trade reaches a record AED 1.937 trillion as exports continue to climb. We also look at Dubai's ambitious plans to expand public transport and sustainable mobility, alongside Iraq's move to redirect fuel exports through Syria as regional energy routes continue to evolve.

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