logo
episode-header-image
Aug 2025
40m 33s

PIF Cuts $2B, Shark Tank Lebanon, Micros...

Augustus Media
About this episode

HEADLINES:
• Saudi PIF Cuts $2 Billion From US Stock Holdings
• Shark Tank Lebanon Reveals Its Investor Panel
• Microsoft Launches Inquiry Into Israeli Military Cloud Use
• Robinhood Seeks License to Launch in Dubai

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
 

Up next
Yesterday
Netanyahu, Gaza Plan, Sydney Near-Crash & Madinah Retail Boom
HEADLINES:• Netanyahu Rejects Trump’s Gaza Plan as Israel Faces Pressure to Withdraw • A Jetstar and Qatar Airways plane nearly collided on the ground at Sydney Airport • Dubai-based Apparel Group Bets Big on Madinah With 24-Brand Retail and Dining Push Newsletter: https://aug.us ... Show More
14m 23s
Aug 9
Hormuz Deal, Aramco Fire and Syria’s $100M World Bank Grant
In this episode of The Smashi Business Show, we look at Iran’s talks with Oman over a temporary maritime route through the Strait of Hormuz, while Tehran sets conditions for reopening the waterway. We also cover a fire at Aramco’s Jazan refinery and the latest attacks affecting S ... Show More
4m 55s
Aug 8
US Sanctions Iran Crypto Network; Peekabox Hits No. 1; Kalanick Unveils NAMAA
The US tightens sanctions on an alleged Iranian crypto network, Dubai startup Peekabox reaches the top of the UAE App Store without paid advertising, and Travis Kalanick rebrands his Gulf food infrastructure business as NAMAA following Atoms' $1.7 billion funding round. We break ... Show More
3m 57s
Recommended Episodes
Sep 2025
G42 AI Stake; Saudi-UK £360M Deals; Alabbar’s F&B Empire
HEADLINES:♦ G42 to Sell 2% Presight AI Stake to Boost Global Investor Base♦ Saudi Shawarmer to Fund Fired Employee Majed Al-Omari’s New Venture After Boycott♦ Saudi Arabia and UK Announce £360 Million in Joint Investment Deals♦ Billionaire Mohamed Alabbar Visits Viral Klay by Kar ... Show More
37m 37s
Aug 2025
Lunate $2B Deal; Kuwait Shuts Al Sabah; Norway Dumps Caterpillar
HEADLINES:♦ Lunate to Set Up $2B Joint Investment Platform with Brevan Howard at ADGM♦ Kuwait Revokes Al Sabah Newspaper and TV Licences♦ Norway Fund Dumps Caterpillar, Israeli Banks Over Rights Abuses♦ Egypt to Launch High-Speed Electric Train Network in 2026 Newsletter: https:/ ... Show More
40m 22s
Oct 2025
Sam Altman’s Middle East Tour; Netflix Backlash; Diriyah Probe
HEADLINES:♦ OpenAI’s Sam Altman Tours the Middle East to Raise Funds for AI Expansion♦ Saudis Join Elon Musk’s Netflix Boycott Over Arabic-Dubbed Kids Show♦ Saudi Executives Detained in Diriyah Corruption Probe♦ SSC Channels Go Off Air After Losing Saudi Football Rights to Thmany ... Show More
30m 35s
Aug 2025
Skims Lands in Dubai, Orascom Moves to ADX, Filmmakers Reject Mubi Deal
HEADLINES:♦ Wuilt Raises $2M to Scale Its Free E-Commerce Platform Across MENA♦ Orascom Construction to Delist from Nasdaq Dubai, Move Primary Listing to Abu Dhabi♦ Kim Kardashian’s Skims to Open First UAE Store at Mall of the Emirates♦ Filmmakers Reject Mubi’s $100M Sequoia Deal ... Show More
41m 21s
Jun 2019
InstaDeep, Oddigo, eMushrif, KitabSawti, and Checkout.com raise investments, Egypt's ArqamFC gets acquired, Uber's disappointing IPO debut and more.
This week’s headlines: Oman’s eMushrif raises $1 million Pre-Series A Odiggo raises $180,000 seed ArqamFC gets acquired by UK’s StatsBomb. Uber stumbles almost 8% on stock market debut Abu Dhabi Investment Office launches $166 million Ghadan Ventures Fund InstaDeep raises $7 mill ... Show More
13m 33s
Aug 2025
Abu Sabah’s Jail Term, Riyadh Monorail Launch, Qatar Transparency Law
HEADLINES:♦ Dubai Court Cuts Abu Sabah’s Jail Term to Four Years♦ Brands Are Cashing In on Taylor Swift and Travis Kelce’s Engagement♦ Saudi Arabia to launch Riyadh monorail project in 2025♦ Qatar issues law covering company transparency Newsletter: https://aug.us/4jqModrWhatsApp ... Show More
25m 46s
Jan 2021
Wall Street Reacts, CES Preview
The business world reacts to the insurrection at the United States Capitol Building. Bezos, Buffet, and Dimon pull the plug on health venture Haven. Teledyne Technologies and FLIR Systems team up in an $8 billion merger. Bed Bath & Beyond tumbles on earnings. Constellation Brands ... Show More
39m 10s
Sep 2019
Microsoft's Hike, GM's Strike
Microsoft hikes its dividend and buys back stock. Apple launches its subscription gaming service. Airbnb announces plans for an IPO. And FedEx delivers disappointment. Analysts Aaron Bush, Emily Flippen, and Ron Gross discuss these stories and the latest from Datadog, General Mil ... Show More
42m 10s