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The Daily Circuit

July 21, 2025
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👋 Hello from the Middle East!

In today’s Daily Circuit, we’re reporting on job cuts and employee relocations under consideration for NEOM, Dubai restaurant payments platform Qlub raising $30 million, the new Nick Faldo-designed Saudi golf course in Qiddiya...

Recent Daily The Circuit Newsletters

Tue, Jul 22
People drive their cars along a flooded road amid unseasonably heavy rainfall on the outskirts of Dubai on Monday. (Fadel Senna/AFP via Getty Images)

The Daily Circuit: Slow start for Stargate + Mubadala’s Hayfin stake

Mon, Jul 21
A man walks in the desert during a dust storm in Al Ain, a region in the UAE emirate of Abu Dhabi, on Saturday. (Fadel Senna AFP via Getty Images)

The Daily Circuit: New budget Saudi airline + NEOM job cuts

Fri, Jul 18
UAE President Mohamed bin Zayed met with Serbian President Aleksandar Vučić in Belgrade on Thursday. (@MohamedBinZayed/X)

The Daily Circuit: MBZ in Budapest + BlackRock’s $10B Saudi deal

Thu, Jul 17
U.S. President Donald Trump greets Crown Prince of Bahrain Salman bin Hamad Al Khalifa as he arrives outside the West Wing of the White House in Washington on Wednesday. (Anna Moneymaker/Getty Images)

The Daily Circuit: Bahrain brings deals to D.C. + Musk seeks Saudi data capacity

Wed, Jul 16
Crown Prince Salman bin Hamad Al Khalifa, Prime Minister of Bahrain, attended a reception hosted by the U.S. Chamber of Commerce at its headquarters on Tuesday, bringing together Bahraini and American companies. Sheikh Isa bin Salman Al Khalifa, the Minister of the Prime Minister’s Court also attended. The delegation was greeted by Ross Perot Jr., Chair of the Board and Chair of the Executive Committee of the Chamber. (Court of the Crown Prince)

The Daily Circuit:  Bahrain, Qatar royals to dine at White House + Vicenne’s Moroccan IPO

Tue, Jul 15
Emir of Kuwait Mishal Al-Ahmad Al-Jaber Al-Sabah (right) and Indonesian President Prabowo Subianto were among the foreign dignitaries who joined French President Emmanuel Macron and his wife Brigitte to watch the annual Bastille Day military parade on the Champs-Elysees Avenue in Paris on July 14. (Mustafa Yalcin/Anadolu via Getty Images)

The Daily Circuit: Neom under scrutiny + Mubadala group buys Germany’s Techem

Mon, Jul 14
U.S. President Donald Trump presents Paris Saint-Germain's French midfielder Desire Doue with the Young Player Award after the FIFA Club World Cup 2025 final soccer match between England’s Chelsea and France’s PSG, which is majority owned by a subsidiary of the Qatar Investment Authority, at MetLife Stadium, New Jersey. Qatar Airways flight attendants carried the trophies and medals on stage for the ceremony. (AFP via Getty Images)

The Daily Circuit: Wizz departs Abu Dhabi + BYD Saudi blitz

Fri, Jul 11
Autonomous buses developed by Mubadala-owned Solutions+ started tests in a geofenced zone at Abu Dhabi’s Masdar City. (WAM)

The Daily Circuit: LIV Golf recruits HSBC + ADNOC Gas Europe deal

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