Iran Strikes Hit QatarEnergy, UAE Response, Saudi Real Estate Boom

HEADLINES:
• STARLINK LAUNCHES IN UAE WITH PLANS STARTING AT DH230 PER MONTH

• UAE MAY JOIN US-LED EFFORTS TO SECURE STRAIT OF HORMUZ, DIPLOMATIC ADVISER TO UAE President
• UAE CENTRAL BANK APPROVES RESILIENCE PACKAGE TO SUPPORT BANKING SECTOR

• NEOM RESTRUCTURES THE LINE PROJECT, STREAMLINES $1BN TUNNEL CONTRACT

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HEADLINES:
• Paistani ship passes Strait of Hormuz
• Praise for Dubai
• Ukraine President Offers Help to Middle East

Newsletter: https://aug.us/4jqModr
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HEADLINES:
• Dubai Gold Shipments Resume Slowly As Flight Disruptions Keep Trade Below Normal
• TikTok US Deal, Backed by UAE's MGX, Could Deliver $10 Billion To Trump Administration

• MBC Group Profit Jumps 70% As Advertising And Shahid Drive Growth

• Meta Pauses Gulf Segment Of 2Africa Cable As Iran's Attacks Disrupt Work

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In today’s episode, we discuss the official arrival of Starlink in Kuwait through a strategic local partnership. We also look at the rapid recovery of oil operations at the UAE’s Fujairah port following a weekend incident, and finally, we examine the growing backlash against online platforms allowing massive financial bets on the Iran war.

This episode covers Talabat’s share buyback on the DFM, Yalla Group’s record revenue, and why global banks are rescheduling major UAE events. All the essential business updates in one place.

HEADLINES:

• UAE Economic Momentum Challenges Goldman Sachs’ 5% Contraction Warning

• DHL Pushes $577M Middle East Investment Despite Iran Attacks

• Jordanian-American Amjad Masad's Replit Raises $400M at $9B valuation

• UAE Hiring Slows Slightly but Job Market Remains Resilient: Recruitment Startup Founder

Newsletter: https://aug.us/4jqModr

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

HEADLINES:

• Iranian Drones Strike Oman's Strategic Port; Oil Markets Surge Past $100

• Middle East War Costs Tourism Industry $600 Million a Day

• Major International Banks Move to Remote Work Settings in Gulf Offices

• “My Priority Is the Safety of Our People,” Says ADNOC CEO Sultan Ahmed Al Jaber

Newsletter: https://aug.us/4jqModr

WhatsApp: https://aug.us/40FdYLU

Instagram: https://aug.us/4ihltzQ

Tiktok: https://aug.us/4lnV0D8

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