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GCC Clarifies Iran Reconstruction Rumors, PIF Seeks EU Nod for EA, and Newcastle’s Stadium Funding Quest
In this episode of the Smashi Business Show, we address the GCC's official stance denying rumors of a $300 billion Iran reconstruction fund. We then shift to Europe, where Saudi Arabia's Public Investment Fund seeks key EU antitrust and subsidy clearances to finalize its massive $55 billion acquisition of Electronic Arts. Finally, we explore Newcastle United's recent exploratory talks with Arctos Partners to secure millions in fresh investment for stadium redevelopment.
The skinny
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