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- UAE’s 6.2% Economic Expansion, Dubai’s Fast-Track Business Culture & PSG’s Rise to $5 Billion
UAE’s 6.2% Economic Expansion, Dubai’s Fast-Track Business Culture & PSG’s Rise to $5 Billion

Monday, June 1, 2026
Happy Monday everyone!
The Middle East continues to showcase its growing influence on the global business landscape. The UAE is posting strong economic growth driven by non-oil sectors, Dubai is reinforcing its reputation as a destination where ideas can quickly become reality, and Qatar's transformation of PSG demonstrates how strategic investment can create a multi-billion-dollar global brand. Together, these stories highlight the power of long-term vision, effective execution, and economic diversification in shaping the future of business and investment. 📈🌍
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UAE’s Non-Oil Economy Powers 6.2% GDP Growth in 2025

What Is It About?
The UAE economy expanded by 6.2% in 2025, reaching AED 1.9 trillion (USD 517.3 billion), according to the Federal Competitiveness and Statistics Centre. Non-oil GDP grew even faster at 6.8%, reaching AED 1.5 trillion. Construction led growth with an 11.1% increase, followed by finance and insurance, real estate, and transport. Trade, finance, construction, and manufacturing remained the largest contributors to the non-oil economy.
Why It Matters?
The figures provide further evidence that the UAE's diversification strategy is delivering results. Strong growth in non-oil sectors reduces reliance on energy revenues and strengthens the country's resilience against fluctuations in global oil markets. It also reinforces the UAE's position as a regional hub for investment, trade, and innovation.
What’s Next?
Investors and policymakers will be watching whether momentum continues into 2026. Continued growth in infrastructure, financial services, logistics, and manufacturing could further accelerate the UAE's transition toward a more diversified and globally competitive economy.
From Idea to Action: Pratham Mittal Highlights HH Sheikh Hamdan’s Execution-Driven Leadership

What Is It About?
Indian entrepreneur Pratham Mittal recently shared an experience from a meeting with Dubai Crown Prince Hamdan bin Mohammed Al Maktoum, describing a leadership style focused on rapid execution and problem-solving. According to Mittal, a policy-related issue discussed during the meeting was addressed within a week, reinforcing Dubai's reputation for speed and efficiency.
Why It Matters?
For entrepreneurs and investors, execution can be just as important as vision. Dubai has built its global business appeal by combining infrastructure, pro-business regulations, and responsive governance. Stories like Mittal's help explain why founders, startups, and multinational companies continue choosing the city as a base for regional and international growth.
What’s Next?
As competition among global business hubs intensifies, Dubai's ability to maintain its reputation for agility and innovation will remain critical. Investors will be watching how the emirate continues to attract talent, capital, and emerging industries such as AI, fintech, and advanced technology.

From $100M to $5B: The Business Strategy Behind PSG’s Rise

What Is It About?
When Qatar Sports Investments acquired Paris Saint-Germain in 2011 for roughly $100 million, the club was considered a long-term project. Today, PSG is valued at more than $5 billion and ranks among the world's most recognizable sports brands. Led by Nasser Al-Khelaifi, the club signed global superstars, won multiple domestic titles, and ultimately captured the UEFA Champions League.
Why It Matters?
PSG's transformation demonstrates how strategic investment, global marketing, and elite sporting success can create substantial enterprise value. The club has generated nearly £960 million in European prize money since the takeover, highlighting how top-tier sports organizations increasingly operate as global entertainment and media businesses.
What’s Next?
PSG's success may encourage further sovereign and institutional investment in sports assets worldwide. As football's financial ecosystem becomes increasingly concentrated around elite clubs, the industry's future will likely depend on balancing global growth with competitive sustainability across smaller leagues and teams.
👨💻From Smashi Business’ Desk
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🔍In other news…
🦄 World of Startups
Dubai gifting marketplace Udora secures $10M
Saudi fashion platform Aya secures $7m to scale real time production
Jordan-based Tamatem has acquired Istanbul-founded Playable Factory, strengthening its push into performance marketing and user acquisition.
Egypt’s Lucky Raises USD 23M Series B. Its Consumer Credit Model is Expanding Into North Africa
“We Got Funded!” Maison Safqa Raises US$620,000 in Pre-Seed Funding to Expand Luxury Flash-Sale Platform Across GCC
Via Separations, US-based deeptech startup, raised $36M in funding from Aramco Ventures (Saudi), and other global investors.

