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Hormuz Escalation, Egypt’s $2.1B Refining Push, and HUMAIN’s IPO Strategy
Season 1
Episode 987
Published 3 weeks, 2 days ago
Description
In this episode of the Smashi Business Show, we examine Iran's targeted strikes against oil tankers and U.S. naval assets in the Strait of Hormuz following American attacks. We then look at Egypt's $2.1 billion plan to build two fuel oil conversion complexes in Suez to boost local diesel production and curb imports. Finally, we break down how Saudi AI firm HUMAIN, backed by PIF, is assembling an elite team to prepare for its upcoming initial public offering.