In this episode of The Smashi Business Show, we look at the UAE-Russia trade and investment agreement coming into effect as the Emirates pushes ahead with its global trade ambitions. We then turn to Qatar, where the regional conflict is putting pressure on government spending and energy revenues. Finally, we examine Iranian President Masoud Pezeshkian’s defense of the US memorandum and why he sees ending the current stalemate as critical for Iran’s economy and investment prospects.