DUBAI WORKS, a business podcast about the innovators, the products, the services and trending topics, Lovin Dubai's take on the business stories that matter. The shows host is Richard Fitzgerald, founder of Augustus Media, publishers of Lovin Dubai, Lovin Saudi and SMASHI TV.
HEADLINES:♦ Dubai's Independent Food Company Celebrates HH Sheikh Mohammed's Birthday in London♦ Saudi Arabia Reassesses The Line Project to Keep Vision 2030 on Track♦ PIF Eyes Major Investment in Elon Musk's x AI at $200 Billion Valuation♦ House of Pops Eyes Europe After GCC Growth♦ Israel's Stock Market Is in the Green — But War Spending Is Bleeding the Economy RedNewsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ Wizz Air Pulls Out of Abu Dhabi After Six Years♦ BYD Doubles Down on Saudi EV Market with 10 Showrooms by 2026♦ Majid Al-Futtaim Enters Kuwait Following Succession Reshuffle ♦ Mubadala-Led Group to Acquire Germany's Techem for $8 Billion in Big Sustainability PushNewsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:• Syria Signs $800M Tartous Port Deal With UAE's DP World in Push for Post-War Rebuilding• Saudi Arabia May Buy Huawei Chips as Chinese Tech Giant Eyes Middle East Expansion• Cairo's Gameball Doubles 2024 Revenue in Just 6 Months• Lebanon Bets on Gulf Tourists to Revive Economy Amid Crisis and Conflict FearsNewsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ BCG Strips Two Top Executives of Leadership Roles Over Gaza Project Fallout♦ Trump Slaps Up to 30% Tariffs on Iraq, Algeria, Libya, and Tunisia in New Trade Push♦ Linda Yaccarino Steps Down as X CEO after Two Years in the Role♦ Dubai Airports Shuts Down IPO Buzz, Dismisses Report as ‘Inaccurate' 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's Jahez Acquires 76% of Qatari Snoonu from Founder Hamad Al-Hajri in $245M Deal♦ Egypt's Sawiris to Invest $100M in Morocco's Electric Motorbike Market♦ Backlash Grows as VC Shaun Maguire Reignites Controversy Days After Apology♦ Kuwait's $1 Trillion Wealth Fund Sells $3B Bank of America Stake” 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:♦ Middle Eastern Tech Founders Petition Forces Sequoia Partner Shaun Maguire to Apologize♦ Richard Attias Associates Considers IPO Amid Saudi Arabia's Vision 2030 Push♦ Dubai's Xpanceo Raises $250M, Hits $1.35 Billion Valuation♦ Elon Musk's Starlink Launches in Qatar, Boosting Regional Connectivity 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:♦ Fadi Ghandour Leads Petition Over Sequoia Partner's Islamophobia Toward Zohran Mamdani♦ Dubai Duty Free Chocolates Smash Records with 2.5 Million Bars Sold in Six Months♦ UAE and World Economic Forum Launch Global Platform to Future-Proof AI Regulation♦ Bahrain Sets Gulf's First Stablecoin Rulebook, Leading Crypto Regulation Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:• BCG Under Fire for Role in Gaza ‘Relocation' Plan Backed by Israel and U.S.• Qatari Tycoon Brothers' Dairy Giant Baladna to Invest $250M in Syria• Mohamed Alabbar's Americana Enters Luxury Food Retail with Greek Brand Carpo• Saudi Arabia's Top 10 Listed Firms Hit $2.1 Trillion Valuation Led by AramcoNewsletter: 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:♦ Amr Diab Switches from Vodafone to Orange Egypt in Major Telecom Shake-Up♦ Miral Issues AED 3 Billion Tender for Harry Potter-Themed Expansion on Yas Island♦ UN Expert Calls Israeli Actions in Gaza Genocide, Demands Arms Embargo♦ Google Launches Veo 3 AI Video Tool in MENA via Gemini App♦ Inside Institutional Staking: Figment's Strategy for the MENA Market with Christoph Richter Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ Abu Dhabi and Dubai Named World's Top Emerging Data Centre Markets♦ Kuwait to Introduce 15% Minimum Tax on Big Global Companies Starting 2025♦ Businessman Allegedly Bought $2.9 Million Dubai Villa Using US Healthcare Scam Money♦ Saudi Startup Flawless Raises $1.5M for AI Career Platform♦ Sahil Sajan on Milano's Leap into Pet Care Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ Saudi Arabia's PIF Crosses $1 Trillion in Assets, But Net Profit Slumps Over 50%♦ Trump signs executive order lifting sanctions on Syria♦ UN Report Accuses Over 60 Global Companies of Complicity in Israel's Gaza Campaign♦ Saudi Q-Commerce Startup Ninja Joins Unicorn Club After $250 Million Funding Round♦ Munira Rahman: The Perfume Executive Changing the Face of GCC Beauty BusinessNewsletter: 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:♦ HH Sheikh Hamdan: Dubai Successfully Conducts First Joby Air Taxi Test Flight♦ Emaar Named World's Fastest-Growing Real Estate Brand with $4B Valuation♦ Saudi Unemployment Falls to Record Low as Women Drive Workforce Gains♦ Norway's KLP Pension Fund Blacklists Firms Supplying Israeli Military Over Gaza War♦ Zoho Expands in Bahrain: How Its Tamkeen Partnership Aims to Boost SMEs Across the Gulf Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ Jeff Bezos Marries Lauren Sánchez in $56M Venice Wedding with Jordanian Royalty♦ Tesla Makes Saudi Debut with First Riyadh Centre Opened; Jeddah to Get One by Year-End♦ Israel's 12-Day War with Iran Estimated to Cost $6 Billion, Central Bank Warns♦ UK Billionaire John Fredriksen Moves $10B Empire to Dubai Amid Tax Policy Shifts Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ House of Pops CEO Responds After Sugary Drinks Added to Orders Without Approval♦ Candace Owens Says She's Accused of Taking Qatar, Iran Funding♦ World Bank Approves $1.3 Billion to Rebuild Infrastructure in Lebanon, Syria, and Iraq♦ U.S. Approves $30 Million Gaza Aid Grant Despite Concerns Over Safety and Oversight Newsletter: https://aug.us/4fZIDusWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQSmashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:♦ Fadel Al Ali Named Chairman of Majid Al Futtaim Group in Major Governance Shakeup♦ Maersk Cuts Ties With Firms Linked to Israeli Settlements After Activist Pressure♦ Replit Hits $100 Million in Revenue, Founder Amjad Masad Reveals Rapid Growth♦ UAE's Baraka Launches AI Assistant to Help Retail Investors in the GulfNewsletter: 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 Markets Steady Despite Iran's Missile Strikes on US Bases in Gulf• Saudi CEOs Are Getting Younger and More Local, Says New Korn Ferry Report• Oman to Introduce First Personal Income Tax in Gulf by 2028• The Arab Influx of London Is More Than Just Shopping at Harrods 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:♦ Mohamed Alabbar Launches New AI-Driven Arabic Media Platform "Lana"♦ Iran Considers Strait of Hormuz Closure After US Strikes♦ Valu Set to Debut on Egyptian Exchange in Landmark Fintech Listing♦ Airlines Reroute Flights After Unprovoked U.S. Strikes on Iran Escalate Airspace Risk
HEADLINES:♦ Saudi Arabia's HUMAIN Launches Media and Gaming Division♦ Mohammed Al Abbar-chaired Americana Looking to Add Five Guys, Cinnabon to its Portfolio of KFC, Pizza Hut♦ Citi Group Says Oil May Touch $90 per Barrel if Strait of Hormuz is shut♦ Syria Conducted its First Direct International Bank Transfer via the SWIFT System
HEADLINES:♦ Aramco CEO: Oil and Gas ‘Crucial in Times of Conflict' Amid Israel-Iran Tensions♦ Flight Detours and Fuel Costs Hit Gulf Airlines During Peak Travel Season♦ Dubai's Binghatti Launches $1 Billion Shariah-Compliant Asset Management Firm♦ Iranian State TV Accuses WhatsApp of Sharing User Data with Israel
HEADLINES:• Al Habtoor Group is looking at potential IPO for Hospitality Portfolio• Kris Fade's Fade Fit is a local success story• UAE Was World's Second-Fastest Growing USD Millionaire Hub in 2024
HEADLINES:♦ The Abu Dhabi Infrastructure Summit is starting today from June 17 till June 18♦ Adam Neumann Tapped Saudi Investors For $300M Flow Expansion In Kingdom♦ Dubai's Salt is Heading to Egypt's North Coast?♦ Israel furious as France shuts four weapons stands at Paris Airshow
HEADLINES:♦ Emirati Billionaire Khalaf Al Habtoor Calls for Peace between Iran and Israel♦ Podcast-Born Thmanyah Wins Saudi Football Streaming Rights♦ Following Backlash, Modrić's Deal With Israeli Firm Skillset Disappears From Web♦ Egypt Postpones Grand Egyptian Museum Opening Amid Regional Tensions
HEADLINES:• Egypt Revamps Giza Pyramids Site in $30M Push to Elevate Tourism• Oil Soars, Markets Slide After Israeli Strikes on Iran Trigger Regional Tensions• After Khaleej Times Exit, Michael Jabri-Pickett Launches New Dubai-Focused Media Brand• Talabat Prioritizes Profit and Patience Over Saudi Expansion Post-IPO
HEADLINES:♦ Nvidia Approves UAE's G42-Backed Khazna to Host Its Most Advanced AI Chips♦ Emaar Launches VYOM, a Digital Resale Platform to Transform Property Transactions♦ How Syrian Founder Yasmeen Jisri Baked Dubai's Most Beloved Digital Dessert Brand♦ Brand Strategist Sparks Debate Over Saudi Fast-Food Giant AlBaik's Dual Logos
HEADLINES:♦ UK and Allies Sanction Israeli Ministers for Inciting West Bank Violence Amid Gaza Crisis♦ Emirati Billionaire Khalaf Al-Habtoor to Lead Delegation to Syria for Investment Talks♦ Nigeria's $5 Billion Aramco Loan Stalls as Oil Prices Drop♦ BCG Boss Says Sorry, Quits Controversial Gaza Aid Project Backed by Israel♦ The Reel Deal: How Katara Studios is Reshaping Arab Cinema—With Hussein Fakhri
HEADLINES:♦ Huda Beauty Donates AED1 Million to UNRWA in First Move as Fully Independent Brand♦ Dubai Appoints New Board at Majid Al Futtaim to End Billionaire Heir Dispute♦ Emirates Partners with Emirati Brand Home Bakery for First-Class Experience♦ Warner Bros. Discovery Split Puts OSN+ Under Streaming Spotlight♦ Smashi Business Talks to Jassim Al-Nashmi, Creative Director and Partner at Qudra Global
HEADLINES:♦ Turning Qatar's Jet into Trump's Air Force One Could Cost $400 Million♦ Huda Beauty Donates 1 Million Dirhams to Mark Eid and Take Back Control♦ UAE Helped the U.S. Shape Crypto Rules, Says Circle President♦ Zara's Russia Exit Was a Setup for a Comeback, FT Reports
HEADLINES:♦ Huda Kattan Has Officially Reclaimed Full Ownership of Huda Beauty♦ Mubadala Emerges as World's Most Active Sovereign Fund in May♦ Ex-Lebanese PM Saad Hariri Launches Abu Dhabi-Based AI Investment Firm♦ Kuwait Joins $30B Global AI Push Backed by Microsoft, MGX, and xAI
HEADLINES:♦ HH Sheikh Hamdan Visits World's Largest Diamond Exchange at DMCC♦ Cloud Kitchens Are Booming in the GCC — And Kaykroo Is Leading the Charge♦ UAE-Based Flower Company Creates Labubu Bouquet Worth $8,100♦ Dubai Real Estate CEO Pushes Back on Fitch's 15% Property Drop Forecast
HEADLINES:♦ Shaikha Al Nowais Makes History as First Woman to Lead UN World Tourism Organization♦ Elon Musk Tried to Block Sam Altman's Big AI Deal in the UAE♦ Saudi Arabia, Qatar Pledge Joint Financial Support To Syria's Public Sector Amid Warming Ties♦ Dubai's Al Habtoor Tower Nears Completion — 800 Units to Be Delivered
This weekend on Smashi Business Show: Weekend Edition, we break down three major stories shaping the region. India moves to exempt Saudi Arabia's sovereign wealth fund from key investment rules, paving the way for deeper financial ties and major capital inflows. In Dubai, property prices may drop by up to 15% as a record housing supply threatens to outpace population growth. And billionaire landlord Asif Aziz—who owns major parts of London's West End—is relocating to Abu Dhabi, joining a growing wave of wealthy individuals fleeing UK tax changes and investing in the UAE's booming real estate scene.Instagram: https://aug.us/4ihltzQNewsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY
HEADLINES:• Saudi Arabia's HUMAIN Plans $10 Billion Global VC Fund to Power AI Ambitions• Dubai's Viral Chocolate Brand FIX Lands in Ultra-Luxury Marsa Al Arab Hotel• Dubai Wellness Brand Humantra Secures JamJar Investment Ahead of Boots UK Launch• John-Paul McKerlie on How TOD Is Shaping the Future of Sports & Streaming in MENA
HEADLINES:♦ Dubai Residential REIT's Big Debut: $584M IPO, 15% Surge, and Market Buzz♦ UAE Citizen Pavel Durov, Elon Musk Sign $300M Deal to Bring xAI's Grok to Telegram♦ Saudi Fintech Stitch Raises $10M to Expand Across MENA and East Africa♦ Syria to re-open stock market starting June 2, finance minister says
HEADLINES:♦ Kings League MENA: SURJ Sports And Gerard Piqué's Kings League Launch Football Format In Saudi♦ Dubai's Dune 23 To Be Acquired By M&C Saatchi In Strategic Middle East Expansion♦ Majid Al Futtaim And Dubai Future Foundation Launch People-First Retail Robotics Pilot At City Centre Mirdif♦ Fadi Ghandour Warns of AI Tsunami as Microsoft Layoffs Signal Shift in Software Industry
HEADLINES:• Saudi Arabia Denies Alcohol Legalization Rumors Amid World Cup Buzz• UAE will Become the First Country to Offer Free ChatGPT Plus to All Residents• Saudi Arabia and Kuwait Strike New Oil in Partitioned Zone• Piers Morgan's Shift on Gaza Reflects Global Moral Shift, Says Khalaf Al Habtoor• Middle East's Wealthy Family Offices are Look to the West
HEADLINES:• Fact Check: Is Saudi unbanning Alcohol in 600 Tourist Locations?• Omani Huda Al Lawati Raises $200M for Gulf's First Woman-Led Equity Firm• Tabby and Tamara Report Strong Profits as Saudi Fintech Sector Surges• UAE Citizen Pavel Durov's Telegram Posts $540M Profit in 2024 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:• Highlights of Day 3 of Qatar Economic Forum• Noor Sweid Warns of “Massive Funding Gap” in Middle East at Series B Stage• Saudi Arabia Launches AI Startup Incubator to Accelerate Digital Innovation• Abu Dhabi AI Giant G42 Has Brought Stargate to the UAE• Global Investors Expected to Put $10 Billion into Dubai Property by 2025
HEADLINES:• Highlights from Day 2 of the Qatar Economic Forum• Flynas Raises $1.1 Billion in IPO Priced at Top Range, Fueling Saudi Aviation Push• U.S. Officially Accepts Qatari Jet as Trump's Air Force One• Moniify Officially Appoints Lana Sawiris as CEO
HEADLINES:♦ Key Announcements and Global Deals at Qatar Economic Forum Day 1♦ UK Halts Trade Talks, EU Reassesses Israel Ties Amid 'Horrifying' Genocide in Gaza♦ Saudi Arabia Plans $100 Billion ‘Project Paradise' in Riyadh♦ Saudi Proptech Startup Ejari Eyes Expansion as Rental Demand Surges
HEADLINES:• Nvidia, UAE's MGX Plan to Build Europe's Largest Data Center• Saudi PIF Opens Paris Office, Aims to Double Europe Investments• Pavel Durov slams Mark Zuck, calls WhatsApp a cheap copycat of Telegram• UAE's travel and tourism sector to add more than 26,000 jobs this year• Codex: Will coding become obsolete as AI automates it in ChatGPT?
HEADLINES:• Sarwa Enforces No-Negotiation Pay Policy to Ensure Fair Salaries for New Hires• Trump Tower Dubai Launch Sparks Investor Frenzy with Promises of 30% Resale Gains• Dubai Holding Upsizes Dubai Residential REIT IPO Amid Strong Investor Demand• Syria to Print New Currency in UAE and Germany, Ending Russian Partnership• OpenAI, Oracle to Help UAE Develop Massive Data Center
HEADLINES:♦ US and UAE Sign Partnership to Build Largest Data Center Complex Outside of the US♦ Emirates in Talks With SpaceX to Bring Starlink Wi-Fi Onboard Widebody Fleet♦ UAE-Jordan CEPA Takes Effect, Set to Boost Bilateral Trade to $8 Billion by 2032♦ Etihad Rail Passenger Service to Launch in 2026, Transforming UAE Travel
HEADLINES:♦ Qatar Signs $200 Billion Deal to Buy Jets from Boeing During Trump Visit♦ Trump Meets Syria's Interim Leader, Lifts Sanctions in Push to Rebuild Ties and Trade♦ Elon Musk says Starlink was approved in Saudi Arabia♦ Nvidia and AMD Join Forces with Saudi Arabia's Humain to Build AI Superstructure
HEADLINES:♦ Trump Lands in Riyadh to Grand Welcome, Crown Prince Meets Global Tech and Business Titans♦ Trump Announces Major Policy Shift: U.S. to Lift Sanctions on Syria Amid Gulf Tour♦ Trump Secures Historic $600 Billion Investment Commitment from Saudi Arabia♦ Saudi Startup Kilow Secures $2.5M to Power AI-Driven Weight Loss Revolution
HEADLINES:♦ Saudi Arabia's Crown Prince Launches HUMAIN to Power Nation's Bold AI Push♦ Elon Musk Set to Join Trump Delegation at Saudi-U.S. Forum as Gulf Tour Begins♦ MBC Group Posts $70M Q1 Profit Surge as New CEO Michael Sneesby Takes Helm♦ Money Without Borders: Hubpay's CEO on the Future of Fintech in the UAE
HEADLINES:♦ Trump May Receive Luxury Jet from Qatar Amid Air Force One Delays: ABC News♦ Syria Seeks Meeting With President Trump, Offering Oil Access and Trump Tower in Damascus: Reuters♦ Saudi Hospital Operator SMC's $500 Million IPO Fully Subscribed Within Hours♦ Mike Thurston, Vadim Fedotov Launch Hack You Media with $1.5M Backing in Dubai♦ Gold Prices Hit $3,500, Up 27% So Far This Year
HEADLINES:♦ U.S. Backs Qatar's $87M Syria Salary Plan, Easing Sanctions Post-Assad ♦ Abu Dhabi's XRG Eyes Billions in U.S. Investments with Trump Support ♦ Profit Rises But Share Price Falls as Emaar Reports Strong Q1 2025 Results ♦ Emirates Group Posts Record Profits and Rewards Staff with 22-Week Bonus
HEADLINES:- Disney to Open First Middle East Theme Park in Abu Dhabi- Qatar Airways lines up Boeing order for Trump visit- Meta Wins $168 Million Verdict Against Israeli Spyware Firm NSO Group- Tabby and Kitopi Weigh IPO Plans Amid Investor Limits and Oil Market Volatility
HEADLINES:- UAE Unveils Ambitious Islamic Finance and Tourism Strategy- Wall Street Leaders to Join Trump in Riyadh Ahead of US-GCC Power Talks- Egyptian-American WHOOP Founder Reveals First Prototype- Inside BNI UAE: 20 Years Of Building Business Through Relationships
HEADLINES:- Trump's Gulf Itinerary Revealed: Riyadh May 13, Doha May 14, Abu Dhabi May 15- Shark Tank Dubai Season 3 Launches with Star Investors and Bold Entrepreneurs on Dubai TV- Cairo's MoneyFellows Raises $13M to Expand Its Digital Savings Circles Beyond Egypt- STV Launches $100 Million Fund to Support Saudi Tech Startups- Egypt's Rabbit Launches in Saudi Arabia, Backed by Regional Investors
HEADLINES:- UAE to have AI as core subject in government institutions - UAE lifts ban on Emiratis to travel to Lebanon, starting May 7- Abu Dhabi's AI powerhouse G42 plans US investments- Etisalat And (e&) launches regional office in Miami, US- Dubai's DAMAC saves the day for Chelsea