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A historic deal between Jordan and Nike began with an investment of $2.5 million and ultimately yielded a profit of $117.5 million through LeBron James's investment in Liverpool Football Club. This deal is part of the broader success of the athlete and businessman, who took advantage of Nike and Jordan's expansion plans, resulting in significant profits over time. Additionally, news highlighted developments in regional projects, such as the "Smart Bridge" project in the UAE, which is reshaping maritime shipping lanes, and rising oil prices due to escalating tensions in the Strait of Hormuz and Bab el-Mandeb.
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