The Smashi Business Show

UAE Hormuz Strategy; Revolut UAE Launch; Telegram vs Reliance

HEADLINES: • UAE aims to cut dependency on Strait of Hormuz to 'zero'  • Revolut gets UAE Central Bank licences ahead of full launch  • Reliance and WhatsApp behind efforts to sabotage Telegram globally': CEO Pavel Durov    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

JD Vance Iran Deal; Abu Dhabi Knicks; Sawiris Mykonos

HEADLINES: • JD Vance says Gulf states could fund a $300 billion rebuilding of Iran under proposed deal  • The Knicks title run was also a win for Abu Dhabi  • Egyptian billionaire Naguib Sawiris is building a €100 million luxury resort in Mykonos   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

Al Habtoor IPO; Paramount Warner Bros; Kuwait Nvidia AI

HEADLINES: • Al Habtoor Group will not go for IPO for now  • Gulf backed Paramount just won approval for its $111 billion Warner Bros takeover • Kuwait's sovereign wealth fund just launched a $10 billion AI company with Nvidia and KKR   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

The US-Iran Framework Breakthrough, 600 Tankers Await Hormuz Reopening, and UAE’s Next-Gen AI Authority

In this episode, we break down the immediate plunge in global oil prices and the stock market rally triggered by the historic US-Iran framework peace agreement. We also look at the logistics at sea as nearly 600 stranded tankers cautiously await the reopening of the Strait of Hormuz, and highlight the UAE’s major governance leap with the creation of the federal Artificial Intelligence and Data Authority.

Blue Owl’s Abu Dhabi Expansion, Ninja Challenges Uber’s Dominance, and DOJ Clears Mega Media Merger

In this episode, we break down private credit titan Blue Owl Capital’s move to establish its regional headquarters in Abu Dhabi amid macroeconomic shifts. We also explore the intense bidding war brewing in the food delivery sector as Saudi startup Ninja threatens Uber’s Middle East acquisition strategy, and highlight the major regulatory milestone in Washington as the DOJ clears Paramount’s $110 billion purchase of Warner Bros Discovery.