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  • 🌟 From Sheikh Tahnoon’s $1.5T Vision 🌍 to Dubai’s $223M Crackdown 🚨: Big Moves Shaping the Gulf

🌟 From Sheikh Tahnoon’s $1.5T Vision 🌍 to Dubai’s $223M Crackdown 🚨: Big Moves Shaping the Gulf

Saturday, December 28, 2024

Good morning! 🌞 

Kickstart your day with today’s top stories, spanning visionary leaders, international security breakthroughs, and Gulf-region diplomacy. Here's what we’ve got for you:

  • Sheikh Tahnoon’s $1.5 trillion empire reshaping Abu Dhabi's future.

  • Dubai strikes against a major money-laundering operation.

  • Saudi and UAE leaders strengthen ties over an informal AlUla gathering.

Keep reading for more details.

But before that: You can join our Whatsapp channel too to receive updates from the business world.

đź’Ľ Bloomberg’s Guide to Meeting Sheikh Tahnoon: The UAE’s $1.5 Trillion Visionary

đź“° What is it about?

  • Sheikh Tahnoon bin Zayed Al Nahyan oversees a $1.5 trillion financial empire, including Royal Group ($300 billion), G42, and First Abu Dhabi Bank. Bloomberg recently highlighted pathways for connecting with this influential figure.

đź’ˇ Why it matters?

  • Sheikh Tahnoon’s leadership drives Abu Dhabi’s economic and technological future, including global investments in AI and finance. Building a connection means aligning with his vision of innovation and growth.

🔜 What’s next?

  • For aspiring collaborators, aligning with Abu Dhabi’s strategic initiatives and navigating his trusted network of gatekeepers are key steps. 

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đźš” Dubai Authorities Bust $174M Money-Laundering Scheme

đź“° What is it about?

  • Dubai has thwarted two major international money-laundering operations totaling $223.5 million (641 million AED). Authorities have made multiple arrests and frozen several bank accounts.

đź’ˇ Why it matters?

  • The UAE continues its commitment to combating financial crimes, reinforcing its position as a global leader in anti-money laundering initiatives.

🔜 What’s next?

  • Further investigations are ongoing, with the UAE aiming to strengthen its framework for identifying and stopping financial crimes.

đź’­Quote of the day
"✨ Vision without action is merely a dream. Action without vision just passes the time. But vision with action can change the world. 🌎" – Joel A. Barker

🤝 Crown Prince Mohammed bin Salman and Sheikh Mansour Foster Stronger Gulf Ties

đź“° What is it about?

  • Saudi Arabia’s Crown Prince Mohammed bin Salman and UAE Vice President Sheikh Mansour bin Zayed recently met informally at AlUla, discussing regional collaboration in a setting that highlights their close alliance.

đź’ˇ Why it matters?

  • Such meetings reflect the growing Saudi-UAE partnership, focusing on economic innovation, cultural development, and regional stability. Their camaraderie symbolizes the unity driving Gulf-region prosperity.

🔜 What’s next?

  • Expect deeper collaboration on economic and cultural fronts as Saudi Arabia and the UAE continue to align their visions for regional leadership.

🔍In other news…

  1. DP World has commenced maritime construction for the $1.2 billion Port of Ndayane

  2. Abu Dhabi Launches Carbon Reporting as UAE’s Carbon Credit Market Eyes $146.4M by 2030

  3. Budget Saudi acquires 70% of UAE’s Overseas Development.

The Latest from the Smashi Business Studio

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