Happy Wednesday everyone!

Dubai Airports’ CEO says a potential IPO of the world’s busiest international hub would likely be a hit, drawing strong global investor interest. Meanwhile, Amazon has rolled out its fastest delivery service yet — Amazon Now — bringing everyday essentials to UAE customers in just 15 minutes. Over in defense, Turkish President Erdogan is heading to Qatar to negotiate the purchase of 24 Eurofighter jets, a move that could reshape Ankara’s air power and deepen its defense ties with Europe.

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Markets

Dubai Airports IPO Would Likely Succeed, CEO Says

🔹 What Is It About

Dubai Airports CEO Paul Griffiths told The National an initial public offering of the operator behind the world’s busiest international hub would likely attract strong global investor interest. While stressing that the decision rests with the government, Griffiths said airports are highly appealing investment assets, citing global examples like London Heathrow that have drawn major institutional investors including Qatar’s and Saudi Arabia’s sovereign wealth funds.

🔹 Why It Matters

Dubai’s aviation sector is a cornerstone of its economy, projected to contribute Dh196 billion ($53.36 billion) to GDP and support 816,000 jobs by 2030. The strong performance of Emirates, flydubai, and Dubai Airports underscores the emirate’s position as a global aviation hub, bolstering investor confidence in any potential listing.

🔹 What’s Next

Dubai is building a new passenger terminal at Al Maktoum International Airport (DWC), a Dh128 billion project that will fully replace Dubai International Airport by 2035. Once completed, it will be the world’s largest airport with a capacity of 260 million passengers, positioning Dubai for its next phase of aviation-led growth.

Presented by Sharjah Investment Forum

Sharjah to Host Landmark SIF 2025 and World Investment Conference

The 8th edition of the Sharjah Investment Forum (SIF 2025) will take place on October 22–23, 2025 at the Jawaher Reception and Convention Centre, running alongside the World Investment Conference, which Sharjah is hosting for the first time. Under the theme “Transforming Our World: Investing for a Resilient and Sustainable Future,” the forum will gather 130+ global speakers, 142 country delegations, and 30+ international organizations. Discussions will focus on sustainable investment, smart cities, AI-driven manufacturing, food security, and digital transformation. SIF 2025 cements Sharjah’s role as a global hub for innovative, sustainable, and future-ready investment strategies.

Amazon Expands Ultra-Fast ‘Amazon Now’ Delivery Service Across UAE, Promising Essentials In 15 Minutes

🔹 What Is It About

Amazon has launched its fastest delivery service yet, Amazon Now, across the UAE, offering everyday essentials delivered in as little as 15 minutes. Supported by tech-enabled micro fulfillment centers, the service brings products closer to customers while easing congestion and reducing delivery times. The company also introduced a new 2-hour delivery option covering over 30 categories, with both services now available across most major UAE areas.

🔹 Why It Matters

The launch underscores Amazon’s growing investment in speed, convenience, and localization in one of the Middle East’s most competitive e-commerce markets. The ultra-fast service has already fueled a 40% month-on-month increase in daily orders, with Prime members doubling their shopping frequency. Amazon’s push reflects the UAE’s rapidly evolving retail landscape and consumers’ rising expectations for instant, reliable service.

🔹 What’s Next

Amazon plans to expand Amazon Now and the 2-hour delivery service to more UAE locations in the coming months, reinforcing its dominance in regional e-commerce. The company’s localized fulfillment network and advanced inventory systems will continue to power its goal of making near-instant delivery the new standard for everyday essentials across the country.

Turkey Seeks To Buy 24 Used Eurofighter Jets From Qatar During Erdogan’s Gulf Visit

🔹 What Is It About

Turkish President Recep Tayyip Erdogan will visit Qatar this week to discuss a potential deal to acquire 24 used Eurofighter Typhoon jets as part of Ankara’s plan to modernize its air force. The UK, a member of the Eurofighter consortium, is mediating the talks for the transfer, which also includes Turkey’s request to buy 16 new Tranche 4 jets in a multibillion-dollar package still under negotiation.

🔹 Why It Matters

The deal would mark Turkey’s first major acquisition of non-US fighter jets, signaling a shift toward deepening defense cooperation with Europe. With new F-16 deliveries potentially delayed until 2030, the Eurofighters could help Ankara maintain air superiority as NATO members ramp up defense spending amid rising geopolitical tensions with Russia.

🔹 What’s Next

Erdogan’s Doha visit, part of a wider Gulf tour including Kuwait and Oman, could accelerate final talks on the purchase. Turkey hopes to begin receiving Eurofighters as early as next year, following Germany’s recent decision to lift objections to the sale and strengthen defense collaboration with its NATO ally.

👨‍💻From Smashi Business’ Desk

• Sinner Wins $6 Million at Six Kings Slam in Riyadh as Saudi Sports Investments Hit New Heights.

• UAE’s Hadban Twins Among First 25 Creators Honoured With Instagram Rings in New York.

• Turki Al-Sheikh Teases ‘Big Surprises’ With Shah Rukh Khan, IShowSpeed, and Global Stars Following $1.07B Entertainment Deals.

• Uptown Dubai has officially sold out, DMCC Chairman announced.

• Saudi Arabia’s SSC Channels Go Off Air After Losing Football Rights to Thmanyah.

• Dubai-based Huda Beauty founder Huda Kattan condemned Israeli forces after reports of Greta Thunberg’s mistreatment in detention, calling them “sick people” in a strongly worded Instagram post.

🔍In other news…

• Ares Extends Debt to Dubai’s Property Finder in Gulf Credit Push

• ‘Everyday millionaire’ app works on Saudi expansion

• Dubai-Based Cercli Raises $12M Series A To Power AI-Native Workforce Management

• Mubadala takes 60% stake in Brazilian road operator

• Riyadh Air’s $1.5m-a-week London trial run

• Riyad Capital, Saudi Railway Company Launch $1.6B Makkah Real Estate Fund

🏦 Crypto Corner

• New tax rules may reshape UAE crypto landscape

• Crypto data reveals UAE has mined bitcoins worth $700m

• Michael Saylor — Executive Chairman of MicroStrategy and one of Bitcoin’s most vocal corporate advocates — will make his first-ever appearance in the UAE at Bitcoin MENA in Abu Dhabi.

• Hut 8, part of a American BTC which is partially owned by Donald Trump Jr. and Eric Trump, Gets Approval to Operate in Dubai Financial Hub.

• Abu Dhabi Judicial Department now accept AE Coin.

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