
Hosted by Augustus Media · EN
The Smashi Business Show tells AI, tech, startup and business stories from the Arab world. For the driven, the dreamers and the doers. Hosted by Abdul Majid Awan, Ward Ahmed, and Wael Hossam El Din.

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

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

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

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.

Saudi backed Lucid Motors continues its executive overhaul under new CEO Silvio Napoli, Qatar Investment Authority doubles down on its legal battle with Byju founder Byju Raveendran, and reports suggest Emaar's long awaited AED200 billion mega development could finally be unveiled as Dubai Estate. Plus, why these stories reflect a broader shift in how Gulf investors are protecting capital and shaping the region's future.

HEADLINES:• Kalshi Just Joined FIFA World Cup Ads After ADI Predictstreet Deal at a Discount • Qatari Syrian Billionaires Just Secured $7 Billion From JPMorgan and Gulf Banks • Adani Group and Abu Dhabi IHC Just Announced an $11.5 Billion India Mega Project Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:• Abu Dhabi AI Giant MGX Just Closed a $49 Billion Fund • Dubai Beauty Billionaire Huda Kattan Backs Saint Levant After Prada Appointment• Gulf Sovereign Wealth Funds Just Had Their Biggest Ever First Half Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:• Saudi PIF More Than Doubles 2025 Net Profit To $17.3 Billion • Kuwait's Zain To Invest $1.5 Billion In Syria Telecom Expansion • Emirates NBD in Talks to Acquire HSBC’s Turkey Operations • ADNOC Set To Buy Shell’s South Africa Fuel Stations In $1 Billion Deal translate to emarati arabic Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:• Qatari Syrian Billionaire Unveils Long Planned Return to Syria• Mubadala Capital Bids $1.1 Billion For Disneyland Paris Resort Operator• Donald Trump Jr. Could See $300K Kalshi Equity Grow Into Millions Ahead of Potential IPO Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:• Oil pares gains as US and Iran pause attacks ahead of Hormuz talks • PIF strategy shifts sentiment as coverage turns more positive after rollout• UAE moves closer to CPTPP talks as trade expansion push accelerates • Saudi Aramco helicopter crash near Ras Tanura kills 14 as investigation begins Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY