HEADLINES:
• Boucheron and Al Tayer Group Form Joint Venture for UAE Operations

• BinDawood Acquires Majority Stake in UAE's Wonder Bakery

• Emaar Founder Alabbar Invests in Paytm's Arab Payments Unit
• Saudi AI Firm Humain Awards Mega Data Center Contract to MIS

HEADLINES:
• Christmas spending is getting bigger in the MENA region
• We Are Still Dramatically Undershooting Our Potential, Careem CEO

• So FAST: The Future of Streaming with LG Channels

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HEADLINES:
• Kalshi Adds Binance’s BNB for Deposits and Withdrawals
• Ronaldo, Georgina Rodríguez buy luxury villas at Saudi Arabia’s Red Sea destination

• US Watchdog Reviews Ethics Probe Request Into Trump Officials Over Chip Export Deal
• The Future of Trading in the UAE: A Conversation with Traders Hub’s Hafez Baker

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HEADLINES:
• Elon Musk was in the UAE and met the UAE President and HH Sheikh Hamdan
• Sequoia Capital Partner Condemned for False Accusation Against Palestinian Student
• Abu Dhabi's MGX Secures 15 Percent Stake in TikTok US as ByteDance Relinquishes Control

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Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

Today on the Smashi Business Show, we're discussing three major developments reshaping the Gulf business landscape. First, Ken Griffin's Citadel—the world's largest hedge fund—is finally opening a Dubai office, cementing the emirate's status as a global finance hub. Second, the UAE Government has established a new National Media Authority that consolidates all federal media entities under one powerful organization. And third, Shahid, Disney+ and OSN+ have launched the region's first unified streaming bundle, revolutionizing how GCC audiences access entertainment. Plus, we cover Ares Management's landmark deal with Patrimium, Adnoc's massive gas financing, and the India-Oman free trade agreement.

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HEADLINES:
• Binghatti And Mercedes-Benz Unveil $8.2 Billion Dubai Megaproject 
• Qatar Airways Leads Gulf Region With 120,000 Flights, Outpacing Emirates Through High-Frequency Strategy
• CloudKitchens Shelves Middle East IPO Plans Amid Market Slowdown
 

Newsletter: https://aug.us/4jqModr
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Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:
• Middle East dominates Bloomberg's World's Wealthiest Families list
• RTA deploys drones to clean Dubai traffic signals
• Jared Kushner's Affinity exits Paramount's bid for Warner Bros. takeover

• Wio Wednesdays - Episode 4In this week’s episode of Wio Wednesdays, we examine how investing is shifting across the UAE and how Wio Invest is helping redefine wealth building through simplified, regulated access to stocks, ETFs and digital assets inside the Wio Personal app.Wio Securities LLC is approved by the UAE Securities and Commodities Authority for dealing in investment (License No: 20200000165).If you run a business, you can also unlock 6 months free on Wio Business with the code WIOSMASHI when you sign up.Check out their website: wio.io.
 

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Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:
• Saudi Crown Prince Mohammed bin Salman Reportedly Set to Buy Barcelona for €10 Billion
• Jared Kushner Pulls Out of Trump Tower Belgrade Project With Alabbar’s Eagle Hills

• Abu Dhabi–Based IHC Increases Stake in Invictus, Firm Backed by Sudan’s Richest Family

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Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:
• Saudi Billionaire Al-Waleed Bin Talal in Final Talks to Buy Al-Hilal for $2 Billion
• Noon Raises $500 Million from PIF and Alabbar in New Round

• Israel Used Palantir Systems in Deadly 2024 Lebanon Pager Explosions, New Book Says
• Lebanese-Founded Podeo Signs YouTube’s Most-Viewed Podcast Guest, Yasser Al-Huzaimi

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Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

HEADLINES:

• Construction Begins on 350-Metre Trump Tower Dubai

• OSN Says Warner Bros. Deal Unaffected by Netflix–Paramount Bidding War

• Paul Pogba Takes Stake in Saudi Camel Racing Team

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