HEADLINES:
• Saudi Arabia's Misk Global Forum Just Cancelled Its 2026 Edition
• Manchester City Held Premier League Settlement Talks: Bloomberg

• UAE Approves AED 292.5 Billion Federal Budget for 2027–2029

HEADLINES:
• Riyadh’s FII and World Petroleum Congress Remain on Schedule Amid Airport Attacks
• DMCC Chairman Congratulates Navi Pillay on Nobel Peace Prize Amid US Sanctions on ICC
• Dubai RTA Wins Dubai-it Award as Metro Punctuality Hits 99.7%
• Saudi Startup Autobia Raises $12 Million to Expand Auto Parts Business

In this episode of the Smashi Business Show, we discuss Morgan Stanley’s bullish outlook on UAE capital and credit markets following regional stabilization. We then break down QatarEnergy securing a $3 billion facility from four major Chinese banks to fund general working capital. Finally, we examine rising oil prices near $100 per barrel and market reactions following security disruptions at Riyadh’s King Khalid International Airport.

In this episode of the Smashi Business Show, we examine DP World securing a 15-year concession to operate a major container terminal at Bangladesh’s largest port. We then break down the conclusion of CEPA negotiations between the UAE and Thailand to accelerate bilateral trade and investment. Finally, we explore global hospitality groups and UAE developers—including Eagle Hills, Emaar, and Arada—planning multi-billion-dollar projects in Syria.

HEADLINES:

• Saudi Arabia’s Water Billionaires Behind a Giant $35B Desalination Business

• Elon Musk’s Boring Company Explores Underground Tunnel Projects in Abu Dhabi

• Rajeev Chalisgaonkar, Group Head of Business Banking & NEO BIZ, Mashreq

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

HEADLINES:
• Sheikh Hamdan Launches Dubai’s Create AI Agents Championship
• OpenAI in Talks With UAE Funds, Including MGX, for $30B Funding Round
• $60B New Mountain Capital Joins Abu Dhabi’s ADGM

Smashi Business Show live from Day 2 of AI Everything Abu Dhabi 2026 event

Smashi Business Show live from the 2026 AI Everything Abu Dhabi event