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Bitesize Business Breakfast Podcast Profile

Bitesize Business Breakfast Podcast

English, Financial News, 1 season, 222 episodes, 5 days, 1 hour, 32 minutes
About
A round-up of the day’s most important business stories, providing local content and context on the international issues that matter.
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Learning about 'Live, Work and Play' - the three pillars that make Expo City Dubai

The culture that is being created, both in terms of work and play with Expo City Dubai's chief education, culture and human resources officer Marjan Faradooni. Plus,  we look at why price growth is slowing in the Dubai property market with Zhann Johincke. And we get reactions to the UAE “grey list” removal from lawyer Kamal Jabbar, and economist Khatija Haque.See omnystudio.com/listener for privacy information.
2/26/202432 minutes, 10 seconds
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flydubai reports record profit as passengers jump 31%.

23 Feb 2024. We'll hear from Jeanne Walters, senior economist, Emirates NBD about Dubai's current boom – what does the data tell us about the Dubai economy today, and the future? As flyDubai reports record profit with passengers jumping 31% - we'll speak to their CEO, Ghaith Al Ghaith, who joins us live to crunch their record numbers. Plus, we'll speak to FedEx's MEISA president about their new AED1.3 billion regional hub at the Dubai World Central Airport. And, as the Japan stock market finally scales the peaks since the 1980s, we speak to a Tokyo stockbroker who lived through it: Professor Dame Heather Mcgregor of Herriot-Watt University in Dubai.See omnystudio.com/listener for privacy information.
2/23/202429 minutes, 34 seconds
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Is Dubai's property market keeping up with last year's success?

22 Feb 2024. We get reaction from Jeanne Walters of Emirates NBD about the economic significance of the massive solar investment going into the UAE economy. We'll also find out how Emirates Airlines are able to serve 149 meals every minute with Gustaf Oholm, SVP of Catering and Cabin Services, Emirates Airlines. Plus, Vladimir Dashkeev, Assistant Professor, Department of Economics, Seattle University talks us through the Fed meeting minutes that have been released to the public - the minutes could provide insight into the on going debates around internet rates this year. And, as the historic Pepsi factory in Al Quoz is sold for nearly quarter of a billion dirhams, we ask Andrew Love of Knight Frank: what does "Industrial Estate 2.0" look like in Dubai? Finally, we'll ask John Lyons of Espace Real Estate how the property market is shaping up so far this year, compared to last year's very active start. See omnystudio.com/listener for privacy information.
2/22/202430 minutes, 59 seconds
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Which chemical empire has just bought a stake in Manchester United?

21 Feb 2024. The Bank of England says it’s too early to cut rates – despite a UK recession and a grilling from politicians, calling for aggressive rate CUTS to fight the UK recession. Jeanne Walters, senior economist, Emirates NBD tells us about the outlook for UK rates – and the pound. We also speak to  the billionaire family behind the Ineos chemical empire and Manchester United – that now wants to sell you an SUV. George Ratcliffe, Commercial Director, INEOS Automotive – son of founder, Sir Jim – tells us more. Plus, we hear from aviation expert Geoff Thomas live from Singapore, on that surprising ‘no planes’ decision by Boeing. And, we talk the finance of food with Dubai's potato chip king - Ananya Narayan, CEO of Hunter Foods.See omnystudio.com/listener for privacy information.
2/21/202431 minutes, 28 seconds
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Dubai Metro sets new passenger records.

20 Feb 2024. Jeanne Walters of Emirates NBD gives us the latest on Germany’s central bank warning that the economy will shrink this quarter - sending Europe's top economy into recession. The number of passengers on public transport in Dubai hit 702 million riders in 2023, that's a 13 per cent increase when compared to the ridership numbers in 2022, which was 621.4 million. Roger Cruickshank, Senior Director, Transport – MEA, AtkinsRéalis joins us to explain their ideas for building a “20 minute city”. Plus, as OpenAI’s new text-to-video tool, Sora, sets the internet alight - we find why with Radio Free Mobile CEO, Richard Windsor. And finally, as Gulfood continues to bring in the crowds, we'll find out about the future of the food industry - with the newly appointed Director of the Italian Trade Agency. See omnystudio.com/listener for privacy information.
2/20/202433 minutes, 45 seconds
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Passengers through Dubai Airport jumped by a third last year to 87 million.

19 Feb 2024. UAE non-oil trade set a new record last year, at almost $1 trillion- Senior Economist, Emirates NBD, Jeanne Walters has the latest on that. We'll also hear from Dubai airports CEO Paul Griffiths - basking in the glory of last year's record high, and making bold predictions for this year as they've seen passenger traffic jump by a third since last year, to a record 87 million. That's 1% above pre-pandemic levels. Plus, we'll hear from Rob Anasari, Head of Investments and Retirement, IMEA, Mercer speaking to consulting firm Mercer, about how retaining expats into retirement could be a major opportunity for the UAEs long term growth. And, finally we'll speak to Legal Consultants Afridi & Angell about why Real estate agents in Dubai could be facing fines for fake property listings.See omnystudio.com/listener for privacy information.
2/19/202431 minutes, 51 seconds
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UAE positions itself as a global leader in AI regulation.

16 Feb 2024. As Dubai hosts its biggest ever music festival with performances from the likes of Ellie Goulding and Tiesto, we speak to the organiser about the economics and logistics of 'Untold'. We also look back on a week of big names and even bigger claims about AI at this week’s World Government Summit, with Professor Nancy Gleeson of NYU Abu Dhabi. And, as the UK joins Japan as the second big economy this week to enter a recession, we'll find out what a shrinking economy could mean for you, with Dan Richards, Emirates NBD. Plus, property buyers in Dubai could expect a relief from record prices this year, with market values in the luxury segment forecast to ease. We'll have the latest on that with Andrew Cummings, Head of Residential Agency, Savills Middle East.See omnystudio.com/listener for privacy information.
2/16/202430 minutes, 23 seconds
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80% of UAE firms plan to give pay rises this year.

15 Feb 2024. We've got the latest from Narendra Modi and Shah Rukh Khan, who've been speaking at the World Government Summit this week, as well as reaction from Dan Richards, senior economist at Emirates NBD, on what we can draw from corporate reports about the macro economy as earnings season comes to a close. Eight out of 10 of employers in the UAE plan to give pay rises this year, according to recruitment firm Hays. Oliver Kowalski of Hays explains where the "sweet spots" are, with rises of up to 30%. Plus, the CEO of Al Ansari Exchange tells us why remittances are falling, despite a growing expat population. And, we'll hear from Sean Evers, Founder & Managing Partner, Gulf Intelligence about Adnoc and BP's latest joint venture in Egypt that will focus on the development of gas assets.See omnystudio.com/listener for privacy information.
2/15/202431 minutes, 56 seconds
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Are your health insurance premiums going through the roof?

14 Feb 2024. We've got the latest on the Etisalat earnings - net profit seeing little change for the year at Dhs 10 billion. Dubai health insurance transactions reached $5.9bn last year as the value and volume of the sector continues to grow, but are your health insurance premiums going through the roof? Broker Stephen MacLaren crunches the latest numbers and explains what it means for expats wanting to retire here in the UAE. Plus, Bitcoin crossed 50 thousand dollars this week, for the first time in two years - we speak to digital assets advisor Toby Young. And, as earnings season continues - we hear from Hazem Ben-Gacem, Vice Chairman of Investcorp Capital and Co-CEO, Investcorp Holdings on their latest numbers. See omnystudio.com/listener for privacy information.
2/14/202433 minutes, 20 seconds
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Dubai's demand for luxury cars

We’ve got all the insights from the World Governments Summit as Richard headed down there to find out the latest. UAE-based Gargash Group has announced the opening of the Mercedes-Benz Brand Centre, a first of its kind facility in the region. As part of World Radio Day, we broadcast live from the centre at the Dubai Design District and speak to Thomas Schulz, General Manager, Mercedes-Benz (Dubai) about the radical disruption of the auto industry. Plus, as earnings season continues, we hear from not one, but two CFO’s about their latest earnings - first Adnoc Gas CFO Peter Van Driel and then Adnoc Drilling CFO, Youssef Salem.See omnystudio.com/listener for privacy information.
2/13/202428 minutes, 39 seconds
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RTA signs deal for air taxis in the sky by 2026.

12 Feb 2024. We have the latest on how Dubai's heavy rain is effecting flights with Dubai Aiports CEO, Paul Griffiths and we'll hear whats been happening at the World Government Summit as Rich headed down yesterday to bring us the latest. Dubai's RTA has approved the final design for flying taxis and vertiports (vertical airports) and they will be launched in the emirate by the end of 2025. Ahmed Bahrozyan, CEO, Public Transport Agency, RTA tells us more. Plus, we'll speak to Arnaud Verchere, Founder and Head of Strategy, Tonic International about today’s Superbowl that has set a new advertising record at $650 million, according to agency Dentsu, with the presence of Taylor Swift in the crowd drawing in unprecedented attention. And, a new auction-based taxi hailing service being rolled out in Dubai this month, which could end up reducing your fares - we speak to founder and CEO, Firdosh Sheikh. See omnystudio.com/listener for privacy information.
2/12/202432 minutes, 20 seconds
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Dubai records its best-ever annual tourism performance.

09 Feb 2024. We've got the latest on earnings from three big-name companies - Salik, Dewa and Emaar with Sameer Lakhani, Managing Director, Global Capital Partners. Plus, as Dubai records its best-ever annual tourism performance in 2023, with international tourist arrivals increasing by 19.4 per cent annually to 17.15 million, we'll hear from the Dubai department of Economy and Tourism on why it's been such a record year. Ahead of the Lunar New Year, we speak to Dubai-based family business magnate - Patrick Tsang, live from Hong Kong. And, we hear from one UAE law firm about why they're seeing an increase in IP applications.  See omnystudio.com/listener for privacy information.
2/9/202436 minutes, 3 seconds
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Dubai sets new visitor record for 2023.

08 Feb 2024. We've got the latest on Adnoc Distribution which saw net profit dip slightly by around 4 per cent last year - we'll find out why with CEO Bader Al Lamki. Plus, Josh Gilbert, Market Analyst, eToro gives us reaction to some big earnings from Wednesday night, including Disney and Uber. He'll also give us the latest on earnings for weightloss drugs- Eli Lilly and Nintendo which have been released today. We'll find out what that record year for Dubai tourists felt like on the ground with Radisson boss David Allen and as Dubai’s prime residential property market grew at the fastest pace among all the global cities in 2023, Clementine Munro, Espace Real Estate gives us the latest. See omnystudio.com/listener for privacy information.
2/8/202433 minutes, 47 seconds
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Business expansion across Saudi seeing 4x increase since 2018.

07 Feb 2024. We've got the latest on Dubai Taxi's preliminary results - they've seen a 54% increase in net profit year on year. Plus, retail Group LuLu is said to be picking support for an IPO - we look at the appetite for family company offerings with veteran market man Mohammed Yasin. Business Expansion Activity Across Saudi Arabia Sees 4X Increase Since 2018, Says AstroLabs first Saudi Market Entry Report - Alex Nicholls, Head of Enter KSA at AstroLabs quantifies the increase for us. We're also talking private jets with Thomas Flohr, Founder and Chairman of the Dubai private Jet company - Vista. They flew 87,000 flights last year – nearly double pre-pandemic levels. And, Wego data showed that Saudi Arabia, Egypt, and India remain the top travel destinations in Q4’2023. Mamoun Hmedan, Chief Business Officer at Wego tells us more.See omnystudio.com/listener for privacy information.
2/7/202429 minutes, 52 seconds
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Saudi GDP declined by point 9 of one per cent last year.

06 Feb 2024. That's according to new official statistics - driven by a drop of more than 9 per cent in oil activities. However, the non-oil economy grew by more than 4 and a half per cent. We'll have the latest on that live from Saudi. We're also joined by economist Dr Christopher Payne, Chief Research Officer, Coldwell Banker Saudi Arabia, who talks us through those Saudi GDP numbers. Plus, the head of IPOs at consultancy EY, Gregory Hughes, on the flurry of new listings in this year’s pipeline. And, we speak to commercial shipping expert, Dr. Krishna Prasad, as Egypt’s Suez Canal revenues fall by almost half.See omnystudio.com/listener for privacy information.
2/6/202430 minutes, 19 seconds
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Boeing in ‘last chance saloon’, warns Emirates head, Sir Tim Clark

05 Feb 2024. We speak to aviation expert Nick Humphrey as he gives us his reaction to Emirates boss Sir Tim Clarke warning Boeing it's in the "last chance saloon" when it comes to fixing technical problems. Maurice Gravier, Group Chief Investment Officer, Emirates NBD joins us with a sobering message for investors: “expect modest returns, with high volatility.” Plus, we hear from Asad Jamil, Senior Consultant - Banking and Financial Services, Robert Walters about whether the jobs market is glass half full or half empty. And, we'll hear from  Zbooni about their new c-commerce survey that shows we still want to deal with humans, not AI.See omnystudio.com/listener for privacy information.
2/5/202428 minutes, 36 seconds
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Bank of England leaves rates unchanged.

02 Feb 2024. We'll look at why the BOE kept interest rates on hold with Ed Bell from Emirates NBD and get reaction to India's budget yesterday. We'll also  speak to Borouge CFO, Jan Martin Nufer, about their 2023 earnings and what 2024 means for new office space with Ben Bargh of CRC. Plus, we'll speak to Motoring Journalist and Motor Mania host, Damien Reid, about Lewis Hamilton's shock move to Ferrari for the 2025 season. See omnystudio.com/listener for privacy information.
2/2/202427 minutes, 52 seconds
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The Fed leaves rates on hold and the UAE Central Bank immediately follows suit.

01 Feb 2024. We've got reaction to the Federal Reserve leaving interest rates on hold – with the UAE Central Bank immediately following suit and the UAE base lending rate remaining at 5.4% - that's with Ed Bell, Senior Economist, Emirates NBD. We also get his take on UAE petrol prices rising around 2 per cent. Plus, we cross live to the US as we speak to investor Keith Fitz-Gerald who has reaction to that Fed rate decision, and earnings from Boeing. We also look at what interest rates being on hold means for our housing market with the co-founder of Nomad Homes, Helen Chen. And, Emirates Post Group has just rebranded - we speak to the Group CEO, HE. Abdulla Mohammed Alashram, about where post is going. See omnystudio.com/listener for privacy information.
2/1/202429 minutes, 57 seconds
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30% of UAE workers planning to switch jobs

31 Jan 2024. We'll have the latest on the IMF report with reaction from Emirates NBD senior economist, Ed Bell who tells us what local conclusions we can draw from numbers on the world, oil and Saudi. Why are more than a third of UAE workers planning to switch roles in 2024? Zahra Clark, Head of MENA, Tiger Recruitment tells us what people are looking for this year and why it's a time of action. The World Gold Council's gold demand trends report has revealed annual gold demand fell by 5% in 2023 - Andrew Naylor of the World Gold Council gives us his reaction. Plus, Ras Al Khaimah has launched a massive mixed-use development that will have grade A offices and become the largest commercial business district in the northern emirates - Paula Jane Cox, a business owner fully integrated in supporting business growth in RAK, tells us more.See omnystudio.com/listener for privacy information.
1/31/202435 minutes, 20 seconds
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Ras Al Khaimah to get a new business district.

30 Jan 2024. RAK Central will include more than 3 million square feet of office space, over 4 thousand apartments and three hotels. We'll find out why we're seeing growing interest in the northern emirates with Anthony Payet, Sales and Leasing director for Vibe Real Estate in RAK. Plus, RAKBank is the latest UAE lender to report record profit - the CEO of RakBank, Raheel Ahmed, joins us live in the studio to tell us if the UAE banking boom is sustainable. The world's largest cruise ship set sail this weekend- we'll speak to the regional managing director of Royal Caribbean, the company behind her. Finally, the Stanley Cup has gone viral, with sales chaos in the US - but are we seeing the same demand here? We'll speak to regional distributor Ramrod General Trading.See omnystudio.com/listener for privacy information.
1/30/202434 minutes, 22 seconds
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Tech valuations are on the rise - but what about tech layoffs?

29 Jan 2024. We’ve got the latest on Dubai’s international growth initiative, the Fed and BoE setting rates and what’s moving the oil price this week with Ed Bell, Senior Economist, Emirates NBD.  Plus, tech valuations are on the rise - but so are tech layoffs; we'll look at what it all means for the region's tech workforce with recruiter Andrew Croft. We’ll also look at where investment is likely to flow into the region with a new report from Lumina Capital. And why are UAE banks reporting blockbuster profits – and can they keep it up? Veteran banker Asad Ahmed tells us more.See omnystudio.com/listener for privacy information.
1/29/202428 minutes, 4 seconds
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Aldar announces new holistic living project.

26 Jan 2024. We've got the latest on US GDP at 3.3% for the fourth quarter and that fighting talk from Christine Lagarde – as well as reaction from economist Khatija Haque. It's a double dose of real estate leaders today as we speak to Aldar Development CEO, Jonathan Emery, who's here to tell us about his latest development. And he’s brought a mate - Chef Izu! He'll tell us why he's getting involved in this latest project. We'll also speak to Arada real estate CEO, Ahmed Alkhoshaibi,  who explains why they're seeing huge demand for premium communities in Sharjah. Plus, we're talking about the finance of football: as Real Madrid knock Manchester City off their perch as the world’s richest club, Deloitte sports expert Izzy Wray is here to crunch the numbers.See omnystudio.com/listener for privacy information.
1/26/202438 minutes, 59 seconds
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Is the cost of living really easing up?

25 Jan 2024. We'll discuss top lawyer Habib Al Mulla's calling for a Salik price hike to curb congestion and we'll get the latest from Emirates NBD chief economist Khatija Haque on the sharp drop in Dubai inflation: is the cost of living really easing up? Plus, we'll hear from Clementine Munro, Associate Director - Head of Apartment Sales, Espace Real Estate about what fancy amenities mean for service fees - and rents down the road. And, as Shares of Tesla fall 5%, we'll speak to Jessica Amir, Market Strategist, moomoo on what that means for the company. See omnystudio.com/listener for privacy information.
1/25/202433 minutes, 40 seconds
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UAE scraps minimum payment for property golden visa.

24 Jan 2024. We get reaction to the New Hampshire primaries, with Professor Adam Ramey of New York University, Abu Dhabi. Plus, as China prepares to inject a quarter of a trillion dollars into its flagging stock market, veteran Asia investor Gary Dugan reveals his China strategy. We also hear from the property company using an online auction to rent apartments in a new building with Abdulla Al Shaibani, Founder, Alphabeta Properties and we'll look at what an uptick in projects from smaller developers means for the property market with Zann Johincke of Property Monitor. Finally, as the UAE scraps minimum payment for property golden visa - we'll find out what it all means with Merani, Senior Reporter, AGBI. See omnystudio.com/listener for privacy information.
1/24/202449 minutes, 35 seconds
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What does the future hold for companies who fail to embrace AI?

23 Jan 2024. We'll get the latest on UBS raising its gold price forecast this year by 10% with Khatija Haque, Chief Economist, Emirates NBD, and we'll get her reaction to Japan's latest interest rates. We'll also speak to PWC partner Stephen Anderson about what the future holds for companies who fail to adapt in the face of technology. Plus, the Ministry of Human Resources and Emiratisation can now act as a court - we'll find out what that means for companies and claimants with the lawyer Jim Berry. And we're talking the economics of video games, as a UAE firm signs a Dhs200 million deal to open gaming centres across Saudi Arabia.See omnystudio.com/listener for privacy information.
1/23/202433 minutes, 29 seconds
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Dubai real estate shatters records.

22 Jan 2024. Khatija Haque, Chief Economist, Emirates NBD joins us to discuss Dubai's GDP growth. She'll also have the latest on Dubai real estate and Wall Street stocks that have set new records. Taking a deeper look at the Dubai property market, property expert Richard Waind, Betterhomes, takes us through those blockbuster Dubai property stats. Plus, we'll speak to the DME about their 33 per cent stake sale to the Saudi Tadawul. And, as Azizi starts work on a 'vertical' shopping mall in a skyscraper, we ask: does anyone really go shopping on the 7th floor? Veteran mall expert David Macadam tells us more. See omnystudio.com/listener for privacy information.
1/22/202431 minutes, 10 seconds
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Does Oil make the world go round?

19 Jan 2024. As the UAE rolls over $2 billion of aid and pledges billions more infastructure - we'll find out the significance for Pakistan and the UAE. We'll also hear from Amena Bakr, Deputy Bureau Chief & Chief Opec Correspondent, Energy Intelligence Group about the surprise Saudi swoop on Dubai’s commodity hub. Plus, the UAE is closing in on its Operation 300 billion target for the industrial sector. We'll hear from His Excellency Omar Ahmed Suwaina Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology for the latest on that. Finally, we'll find out about the region's most valuable brands with brand expert.See omnystudio.com/listener for privacy information.
1/19/202432 minutes, 28 seconds
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UK inflation rises unexpectedly.

18 Jan 2024. We'll have the latest from Dan Richards, Senior Economist, Emirates NBD on UK inflation and how its punctured interest rate cut hopes. We'll also speak to Jon Ede, Regional Director, Michael Page UAE on what people are looking for in the jobs market. Plus, as Samsung unveils its latest weapon in the smartphone wars - handsets powered by AI - regional boss Fadi Abu Shamat joins us in studio. And, we'll hear from Richard Quest, CNN Anchor and Correspondent as he updates us on the latest developments coming out of Davos.  See omnystudio.com/listener for privacy information.
1/18/202431 minutes, 30 seconds
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China’s economy grew 5.2% last year.

17 Jan 2024. We'll have the latest developments from Davos and the future of AI. We'll also cross live to Shanghai, for reaction to China’s breaking GDP data: what does lukewarm growth in the world’s second biggest economy mean for the UAE? That's with Weisi Xie, Director, Shanghai, Economist Intelligence Unit. Plus, we speak to the GM of OKX - one of the world's largest cryptocurrency exchanges who have just been granted a regulatory license in Dubai that will allow it to offer crypto services to retail clients. And, as India’s stock market hits a record high, we speak to a UAE investment firm Lunate Capital giving retail investors access to India.See omnystudio.com/listener for privacy information.
1/17/202433 minutes, 6 seconds
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World economy set to slow this year.

16 Jan 2024. We speak to Standard Chartered global chief investment officer - and long term friend of the show - Steve Brice about his investment themes for 2024. Plus, as billionaires gather in Davos for the World Economic Forum, the former WEF boss Fred Sicre joins us to explain why he believes it's still a significant event. And, as Oxfam releases its report on the "decade of division" which has seen the wealth of the five richest men double since 2020, Simon Miln, Managing Director at Miln International joins us live from Davos where he's been sleeping rough in a tent in -17 to raise awareness of homelessness. See omnystudio.com/listener for privacy information.
1/16/202431 minutes, 46 seconds
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UAE sees 3% more new jobs created in Q4.

15 Jan 2024. Daniel Richards, Senior Economist, Emirates NBD gives us the latest on the situation in the Red Sea as oil prices flip-flopped last week amid the regional instability. As container shipping rates for key global trade routes soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, we hear from the founder of online broker Container X-change. Plus, we hear from Slav Shakhov, Managing Partner, Cooper Fitch as he explains there's been a 6% increase in the number of new jobs in the GCC in quarter four 2023 when compared with quarter four 2022. Finally, could free transport for students in Dubai help curb the traffic? We'll have more on that with James Mullan, Founder, Which School Advisor.See omnystudio.com/listener for privacy information.
1/15/202432 minutes
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School operator Taaleem reports a 60% jump in profit on record student numbers.

12 Jan 2024. We'll hear from Ed Bell on that surprisingly hot US inflation report – and what it means for YOUR loan payments. As UAE school operator Taaleem posts a record revenue of Dh258.7 million during its first quarter, rising 11.5 per cent on the back of a 26.6 per cent spike in student enrolments, Alan Williamson, CEO, Taaleem joins us to tell us what's behind the numbers. Plus, the IEA is predicting big growth for renewable energy this decade -we'll find out what role we can play in it with Robin Mills. Finally, with be talking gold with Chris May, CEO, Dubai Golf as Rory McIlroy headlines the field at the inaugural Dubai Invitational this week as the 2024 DP World Tour begins.See omnystudio.com/listener for privacy information.
1/12/202428 minutes, 31 seconds
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Air travel passes 99% of pre-pandemic demand.

11 Jan 2024. We get the latest from President Sheikh Mohammed's visit to India with Shalini Mittal, Principal Economist, Asia, Economist Intelligence: EIU who explains how relationships are being strengthened and find out the key economic takeaways with Ed Bell, Senior Director, Market Economics, Emirates NBD. We'll also be talking cups - Stanley Cups to be specific and why everyone's raving about them. As air travel passes 99% of pre-pandemic demand, we hear from Kashif Khalid, Regional Director – Middle East & Africa, IATA. Plus, we'll speak to Hoor Al Khaja, Senior Vice President - Operations, Dubai's Department of Economy and Tourism (DET) about Dubai being crowned the No.1 global destination in the Tripadvisor Travellers’ Choice Awards for the third consecutive year. Finally, we'll be talking property with Espace Real Estate MD, John Lyons, exploring the key findings from their latest report.See omnystudio.com/listener for privacy information.
1/11/202432 minutes, 2 seconds
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The UAE set for 3.7% growth this year.

10 Jan 2024. The Dubai private sector has seen its best performance for 16 months in December, as new PMI data shows one of the fastest rises in new orders and job creation in more than four years. We've got the latest on that as well as The World Bank report who have issued a dire warning on the global economy - it's on track for the worst half-decade in 30 years- that's with the author of that World Bank report - Deputy Chief Economist Ayhan Kose. Plus, we'll speak to Property Finder's Chief Revenue Officer about Dubai's record breaking growth in the real estate sector. And Frank Kane, Editor-at-Large, AGBI tells us the trouble he's facing currently with the rental market.See omnystudio.com/listener for privacy information.
1/10/202430 minutes, 19 seconds
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Investment into UAE start-ups down nearly 50% last year.

09 Jan 2024. Ed Bell, Senior Director, Market Economics, Emirates NBD joins us to discuss his outlook on oil prices which fell 4% overnight, as Saudi cut prices for sales to Asia. We also hear from Fadi Ghandour, Executive Chairman, Wamda Capital to discuss why start-up funding in the Middle East and North Africa (Mena) has seen a decline. Plus, healthcare billionaire Dr Azad Moopen reveals why he’s selling a billion-dollar stake in his Aster empire. Finally, as Saudi broadcast giant MBC closed 30% higher on its stock market debut, we'll hear from Faheem Aziz, Chief Executive Officer, Safa Capital to find out why its shares surged to 32.50 riyals ($8.66) shortly after trading opened.See omnystudio.com/listener for privacy information.
1/9/202432 minutes, 36 seconds
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What the Red Sea situation means for consumers.

08 Jan 2024. Friday's US jobs report was potentially a game changer on inflation, as could be the latest developments in the Red Sea - Ed Bell, Senior Director, Market Economics, Emirates NBD has the latest on that. We'll also hear from aviation expert Geoff Thomas about the US 737 Max 9 grounding, and what it means for Boeing. Plus, we'll find out what the Red Sea situation means for retailers trying to ship goods into Dubai with furniture superstore boss Jens Ravnbol of Jysk.See omnystudio.com/listener for privacy information.
1/8/202430 minutes, 8 seconds
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Dubai Duty Free achieves all-time record sales.

05 Jan 2024. Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient U.S. jobs market. We've got all the details on that with Jeanne Walters, Senior Economist at Emirates NBD. We'll also speak to Hart Hodges Center for Economic and Business Research, Professor, Dept. of Economics, Western Washington University to get his take on the jobs market. We'll hear from Kirti Meghnani, Head of Procurement at  Choithrams on how the delays to global trade caused by attacks in the Red Sea are set to inflict months of disruption and imminent price rises on supplies of household items and foodstuffs. Plus, we'll look at what these security issues in the Red Sea mean for the cost of shipping insurance - that's with a Singapore-based insurance expert. Finally, we'll be looking at Dubai Duty Free's ground breaking sales year with their COO - Ramesh Cidambi. See omnystudio.com/listener for privacy information.
1/5/202437 minutes, 4 seconds
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Saudi Arabia’s non-oil sector witnesses the fastest sales growth since July 2023.

04 Jan 2024. We'll have the latest on the new Dubai PMI data from Jeanne Walters, Senior Economist at Emirates NBD as the UAE private sector saw strong growth in December, with the latest PMI reading the second-highest since mid 2019. Plus, as Saudi Arabia’s non-oil sector witnessed the fastest sales growth since July 2023, with the Kingdom’s Purchasing Managers’ Index hitting 57.5 in December, we'll get the latest from Omer Zakaria, Associate Director - Country Head Saudi Arabia, Robert Walters. We'll also discuss IHG Hotels & Resorts as they are set to open a headquarters in Riyadh as Saudi Arabia becomes more important to the hotel group, with more than half of its regional hotel pipeline in the country. Haitham Mattar, Managing Director, Middle East and Africa, S-W Asia IHG Hotels & Resorts has the latest on that. Finally, Simon Penney joins us to tell us about being appointed as a Companion of the Order of St Michael and St George after a five-year stint as Britain’s trade commissioner for the Middle East and Pakistan.See omnystudio.com/listener for privacy information.
1/4/202439 minutes, 27 seconds
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Electric car wars

Elon Musk’s Tesla has been knocked off the top spot as the world’s best-seller of electric cars. We talk electric car wars, as China's BYD dethrones Tesla with Craig Stevens, CEO, Dubicars.com. Plus, we speak to the CEO of soon to list robotics company Micropolis about their IPO plans. And, a look at the potential - and potential pitfalls - for start-ups in 2024 with Najla al Midfa of Sharjah Entrepreneurship Center.See omnystudio.com/listener for privacy information.
1/3/202430 minutes, 33 seconds
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Where to invest your money this 2024.

02 Jan 2024. Strategist Keith Fitzgerald of Fitz-Gerald Group reveals his Wall Street “deal of the decade”. Plus, we asked David Mackenzie of Mackenzie Jones what the year might hold for wages here in the UAE. And, real estate data guru Zhann Johincke of Property Monitor discussed what we might happen to property prices - and rents this year, 2024.See omnystudio.com/listener for privacy information.
1/2/202435 minutes, 47 seconds
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BB Christmas Guest Co-hosts: Jasper Hope

We wrap up our series of ‘Christmas Guest Co-hosts’ with Jasper Hope – the man who launched Dubai Opera House, who’s doing it all over again in Riyadh.See omnystudio.com/listener for privacy information.
12/29/202342 minutes, 40 seconds
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Who's going to be driving you home on NYE?

We discuss the economics of NYE - starting with how much will it cost you to drive home with chauffeur service Blacklane. Plus, demand for a nice boat, with the boss of Seven Yachts and the demand for a posh meal with the boss of Dubai restaurant BB Social. See omnystudio.com/listener for privacy information.
12/29/202330 minutes, 12 seconds
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The Business Breakfast Special: Paul Griffiths

We talk planes, trains and motorbikes with this morning's Christmas Guest Co-host - DXB boss Paul Griffiths.See omnystudio.com/listener for privacy information.
12/28/202351 minutes, 27 seconds
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New scheme aims to place thousands of Emiratis in the education sector

We look in more detail at the Emiratisation scheme for the education sector with Sean Robison, CEO, BBD Education. Plus, talking about the growth and future of media industry with global media intelligence company, Mazen Nahawi, Founder & CEO of CARMA. See omnystudio.com/listener for privacy information.
12/28/202335 minutes, 7 seconds
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The Business Breakfast Special: Sunil John

We continue our ‘guest presenter’ series, with the media mogul Sunil John, President, MENA, BCW and Founder of ASDA’A BCW.See omnystudio.com/listener for privacy information.
12/27/202342 minutes
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India seeking more seats for its airlines into Dubai

We speak to  aviation expert Vinamra Longani of SGI Aviation about the need for more seats between the UAE and India. Plus, we look at the booming market for medium-stay accommodation with the boss of BNBME, Vinayak Mahtani. And, we discuss the 'winners and losers' on local stock markets for 2023 with Andrew Tarbuck, Partner, Head of Capital Markets, Al Tamimi & Company.See omnystudio.com/listener for privacy information.
12/27/202332 minutes, 16 seconds
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The Business Breakfast Special: Professor Dame Heather J. McGregor DBE FRSE

It's almost the end of the year and how to end it with distinguished guest! The Business Breakfast invited the author, columnist, financier, businesswoman and academic Dame Heather McGregor DBE FRSE. She unveils the keys to her triumphant career and wisdom on achieving success in the business world.See omnystudio.com/listener for privacy information.
12/26/202347 minutes, 58 seconds
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The economics of gifting this Christmas 2023

We found out why cheese is this season’s must-have present, with the CEO of online retailer Joi Gifts, Rami Kahale. Plus, why January 1st is such a big day for UAE corporate tax with ADCB's head of taxation, Addison Younan, Head of Tax at Abu Dhabi Commercial Bank (ADBC). See omnystudio.com/listener for privacy information.
12/26/202333 minutes, 54 seconds
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It's Fly Away Friday!

Big focus on aviation this festive morning on The Business Breakfast! Paul Griffiths talk us through the DXB Airport expected 258,000 passengers this holiday period and how they prepare for it. Plus, Managing Director of Wizz Air, Johan Eidhagen talks through how they’ve doubled both their flights and their passenger numbers this year. And, could rents finally fall in 2024? Louis Harding from Betterhomes talk trends for the new year.See omnystudio.com/listener for privacy information.
12/22/202332 minutes, 6 seconds
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Shipping dispution impact on consumers

Over 120 container ships are being rerouted away from the Red Sea, as logistics companies look to rail and air as possible alternatives. We speak to global trade expert Matt Stanley on how soon that shipping disruption will impact shoppers. Plus, UAE proptech startup, has announced that its mortgage unit in the UAE has processed a record AED 1 billion+ (USD $270 million) in home financing in November 2023. We reflect the boom in demand for mortgages with Sawan Karia, Head of Brokers Channel of Huspy. And, why global investors reckon M&A will recover next year despite continuing pressures on capital? We find out with Nicholas McDonagh, who’s a Senior MD in the region for Teneo.See omnystudio.com/listener for privacy information.
12/21/202336 minutes, 37 seconds
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Would you rather be sacked before Christmas or in the New Year?

We talk the etiquette of firing and hiring with leadership recruitment expert Nathalie Spree, Partner at August Leadership. Plus, nearly half of shoppers are planning to spend more this year than last, and only a quarter are cutting back. Analysis of those numbers with Shane McGinley, the News Editor of Arabian Gulf Business Insight (AGBI). And we speak to Jessica Constantinidis, Innovation Officer EMEA at ServiceNow about the new survey that 79% of surveyed UAE employees agreed that digital skills give people an edge in business.See omnystudio.com/listener for privacy information.
12/20/202333 minutes, 53 seconds
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Oil giant BP has paused oil shipments through the Red Sea

What all this actually means for ships carrying stuff through the Red Sea? We asked Capt. Zarir S. Irani, Managing Director, Constellation Marine Services. Plus, Dubai’s made the Middle East the only region in the world to see FDI growth this year. We’ll find out why and look ahead to 2024 with Glenn Barklie, Principle FDI Economist at GlobalData. And Group chairman and CEO of DP World explain the reason behind their HQ move. See omnystudio.com/listener for privacy information.
12/19/202337 minutes, 14 seconds
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How busy is DXB this holiday season?

Dubai is crazy busy this festive season, but who's coming and what do they want from their holiday? We speak to John Bevan, CEO at dnata Travel Group. Plus, we talk sustainable retail with the boss of Alpha Nero, Simon Hacker. And the “COO Whisperer” and best-selling author Cameron Herold tell us the core leadership skills you need to succeed.See omnystudio.com/listener for privacy information.
12/18/202332 minutes, 3 seconds
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UAE private companies committed to Emiratisation will have priority on government tenders

We ask Lisa Merod, Associate in Clyde & Co’s employment department what could it mean for private company sectors here in the UAE. Plus, it's mince-pie-onomics time - we speak to Tom Harvey of Spinneys about whether Cop28 means we're all roasting Tofurkeys for Christmas. We also look back at the year that was, focusing on tech with Paul Kelly, CEO and co-founder of Sila. And, we' ask Cafu why they're moving into the second hand car market.See omnystudio.com/listener for privacy information.
12/15/202328 minutes, 39 seconds
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The US federal reserve has kept interest rates unchanged

The Federal Reserve has held interest rates steady at a 22 year high. It's the third meeting in a row that rates have held. We get the economist view on what a pause in interest rate movements means for business in Dubai and what it means for mortgage activity with Mathew Montgomery of Espace Real Estate. Plus, a 'historic' global climate deal has been agreed at COP28. We discuss and analyze with Karl W. Feilder, Founder and CEO, Neutral Fuels. And, we say Happy Birthday to Dubai Duty Free - 40 years of Tang and Toblerone. We're joined by the one and only Colm McLoughlin.See omnystudio.com/listener for privacy information.
12/14/202340 minutes
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Who's likely to see a wage rise this year?

We look at the recent salary survey with Trefor Murphy, Founder & CEO of Cooper Fitch. Plus, we discuss the UAE GDP growth with ICAEW expect, Scott Livermore of Oxford Economics Middle East. And, property boss Lewis Allsopp tell us more about some new numbers that suggest house sellers may be setting their expectations too high. See omnystudio.com/listener for privacy information.
12/13/202328 minutes, 32 seconds
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Draft text of COP28 summit agreement prompts widespread backlash from countries vulnerable to climate change

12 Dec 2023. As the text of a draft deal at COP28 has stopped short of calling on nations to gradually phase out fossil fuels, resulting in strong reactions from countries and delegates here, we hear from Christina Voigt. Christina has worked as a legal adviser and climate negotiator for the Government of Norway for more than 10 years.  With COP28 drawing to a close, a draft text of the summit agreement has prompted widespread backlash from countries vulnerable to climate change. Tanzeed Alam, Managing Director, Earth Matters Consulting explains how fossil fuels and finance remain key hurdles in the negotiation text at the climate summit. We'll also hear from Steen Jakobsen, Chief Investment Officer, Saxo Bank on their annual Outrageous Predictions for 2024. The eight predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across the financial markets. Finally, we're talking all things tax with expert John Casey, General Manager - Virtuzone Accounting & Tax.See omnystudio.com/listener for privacy information.
12/12/202336 minutes, 38 seconds
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Sultan Al Jabr calls for compromise

11 Dec 2023. As Sultan Al Jabr tells climate negotiators to get a wriggle on  - why does the global economy need a climate deal? And what does reducing emissions mean for the UAE economy? All that with Ed Bell - Senior Economist Emirates NBD. The UAE on Sunday set out a green powered action plan aimed at driving efforts to achieve new environmental goals - we'll speak to Adrienne Doolan, CEO, Green Touches Echoes of Sustainability to get her thoughts on what companies can do to be more sustainable. Plus, as the Cop28 President calls for negotiators to come together, we'll get the current state of talks from Estonia's Vice-minister of Climate. Finally, we'll hear from Nila Pendarovski, General Manager, Rove Expo -on who's been checking in to the only hotel on site at expo city, located in the coveted blue zone. See omnystudio.com/listener for privacy information.
12/11/202332 minutes, 10 seconds
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Saudi's tax waiver for regional HQs.

08 Dec 2023. As Saudi Arabia offers a 30 year tax relief for companies moving their headquarters to the Kingdom, we speak to KSA specialist Alex Nicholls about what this tax waiver could mean for take up. Plus, we'll hear from tax law expert Thomas Vanhee about how the Saudi tax regime is evolving. We'll also get the latest on Binghatti Holdings plans to build a luxury residential Mercedes-Benz tower in Dubai with CEO Muhammad Bingatti. Finally, we'll be talking re-commerce with Lynn al Khatib, VP Communications, Chalhoub Group as the market in the GCC is expected to hit a value as high as $780 million by 2026, up nearly 60 per cent compared to 2022.See omnystudio.com/listener for privacy information.
12/8/202332 minutes, 29 seconds
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COP28: The Buildings Breakthrough.

07 Dec 2023. The buildings breakthrough, the global push for near zero emission and resilient buildings by 2030, has been unveiled at COP. But what came out of the discussions? We get the latest from Dan Richards - senior economist, Emirates NBD. We also hear from Saeed Al Abbar, CEO, AESG about the agreement involving 27 countries and what kind of regulations he wants to see come out of it. Plus, we get the latest on Putin's oil visit to the UAE and Saudi Arabia from Sean Evers, Founder & Managing Partner, Gulf Intelligence. Finally, we'll hear from Eric Salomons, Executive Vice President, Head of Product Development, DFM on their pilot programme for trading carbon credits, scheduled to debut at COP28.See omnystudio.com/listener for privacy information.
12/7/202330 minutes, 23 seconds
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It's transport day at COP28.

06 Dec 2023. We get the latest from Senior Economist, Emirates NBD - Dan Richards and get his take on the pledges we've seen so far and what their knock on economic impacts may be. As the president of the ongoing UN climate talks, Sultan al-Jaber, hits back at claims he denies a core part of climate science, we speak to Karl W. Feilder, Founder and CEO, Neutral Fuels + International Speaker on Net Zero to get his take. Plus, we hear from John Kelly, Rolls-Royce President for META about how its innovations in technology are serving to enable the process of decarbonising hard to abate sectors like aviation, and how these can be accelerated through government support and regulatory frameworks. Finally, we speak to Sarah Townsend, Senior Editor, AGBI about Cop28s total funding pledges made to date. See omnystudio.com/listener for privacy information.
12/6/202329 minutes, 13 seconds
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$57 billion pledged in first four days of COP28.

05 Dec 2023. The Business Breakfast is on the road again and this time we're at Expo for COP28. We speak to Shargiil Bashir, Chief Sustainability Officer, First Abu Dhabi Bank (FAB) about UAE banks pledging more than AED1tn ($272bn) in sustainable finance in a major announcement at COP28 in Dubai. Plus, we'll find out we'll speak to the restaurateur planning to serve quarter of a million meals at Cop - Naim Maadad, Chief Executive & Founder, Gates Hospitality. And, we'll speak to Ian Johnston, Chief Executive, Dubai Financial Services Authority (DFSA) about their latest announcement that it will waive regulatory fees on ESG Nasdaq Dubai listings with immediate effect. Finally, we'll sit down with Atul Arya - Senior Vice President and Chief Energy Strategist, S&P Global to find out more about the major accomplishments at this COPSee omnystudio.com/listener for privacy information.
12/5/202332 minutes, 30 seconds
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COP28: fossil fuel phase out

01 Dec 2023. We have the latest from the OPEC+ meeting, what it means for oil price and what it means for the UAE. But what will lower petrol prices mean for inflation? We put that to Khatija Haque - Chief Economist Emirates NBD. We hear from the CEO and President of Volvo, Martin Lundstedt, about their push for a fossil fuel phase out timetable at Cop. Plus, Aldar Development CEO Jonathan Emery tells us about a big announcement and  CBRE's Mr Research, Taimur Khan, tells us about that new study on the premium LEED certified offices can command.See omnystudio.com/listener for privacy information.
12/1/202334 minutes, 47 seconds
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What to expect from today's OPEC+ meeting

As ADFW draws to a close - we get the latest on the US GDP revised upward - why, what does it tell us about the health of the US economy and what could it mean for interest rates and what will it mean for us? We’ll also be looking at what we learned from the Beige Book. As Abu Dhabi global markets grants financial services permission to crypto exchange Rain, we speak to the UAE General Manager, Benjamin Grolimund. Plus, Energy expert Matt Stanley tells us what to expect at today's OPEC+ meeting after it was delayed. Finally, we speak to real estate expert John Lyons about what some unexpected numbers tell us about the off plan market. See omnystudio.com/listener for privacy information.
11/30/202335 minutes, 39 seconds
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Dubai Taxi Company has increased the number of shares it’s offering to retail investors in its IPO

It’s our penultimate day down at ADFW. We speak to Khatija Haque Chief Economist Emirates NBD about Saudi hosting Expo 2030 after it won 119 votes - but what will it mean for the economy? We’ll also be speaking to Charles Hoskinson, CEO & Founder, Input Output Global + Founder at Cardano Foundation before he takes the stage here at ADFW about international best practices in finance, crypto and the US government. Plus, we’ll hear from Abdulla Salem Al Nuaimi, CEO, Abu Dhabi Securities Exchange (ADX) as the Abu Dhabi Securities Exchange (ADX) on Tuesday launched its first Environmental, Social, and Governance (ESG) benchmark index ahead of the COP28 summit. Finally, we’ll speak to Sameer Lakhani, Managing Director, Global Capital Partners as the Dubai Taxi Company today announced an increase in the number of shares offered in the UAE Retail Offer of its IPO in response to significant oversubscription of the UAE Retail Offer.See omnystudio.com/listener for privacy information.
11/29/202325 minutes, 9 seconds
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Is there a rise in demand for tax professionals?

We’re on the road again this week - day 2 broadcasting LIVE from the Abu Dhabi Finance Week. With people flocking to Abu Dhabi for the F1 and now Finance week we wanted to know how busy reservations have been at one of the UAE’s top restaurants - LPM. Their Global Operations Director, Nicolas Budzynski, gives us an inside look and news that they’ve expanded to Las Vegas. We’re also talking tax with Oscar Orellana-Hyder, Co-Founder, Cordell Partners about the introduction of corporate tax which has resulted in a rise in demand for tax professionals like accountants and auditors. Plus, after Binance-gate, we speak to the FSRA about the fine art of regulating crypto exchanges and we’re finding out about the financial educational platform Yabi  as it raises 8 million dollars in a seed funding round. See omnystudio.com/listener for privacy information.
11/28/202327 minutes, 36 seconds
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ADGM Courts taking mediaton to the metaverse

We’re on the road again this week - broadcasting LIVE from the Abu Dhabi Finance Week. As we look ahead to COP28 next week we spoke to Khatija Haque, Chief Economist, Emirates NBD about what the focus will be and what it could mean for markets. Exactly a year ago, Abu Dhabi Global Market Courts, the judiciary of the UAE capital’s financial free zone, launched a new blockchain-based system that was aimed at digitally certifying judgments and allowing their availability and enforcement anywhere in the world. Linda Fitz-Alan, Chief Executive at ADGM Courts joined the Business Breakfast for the latest on that and why ADGM Courts is taking mediation to the metaverse. Plus, we hear from Kareem Elsirafy, Managing Partner, Modus - UAE-based venture platform who are investing a total of $2.8 million in new start-ups operating in the Middle East markets. Finally, we’ll hear from Kabir Mulchandani, Chairman and Founder, FIVE Holdings. They are considering expanding the hotel brand into London and even Saudi Arabia, boss Kabir Mulchandani has told the Business Breakfast. Kabir also said a potential IPO could be ready to go within 12 months - and that Dubai was the priority for a listing. See omnystudio.com/listener for privacy information.
11/27/202328 minutes, 8 seconds
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Black Friday Sales - are they genuine?

24 Nov 2023. We'll be putting the latest Dubai inflation numbers in context with Senior Economist at NBD- Jeanne Walters. As Black Friday sales get underway, we'll be discussing the do's and the don'ts - the buys and the don't buys with Debsena Chakraborty, Vice President - Growth & Expansion, MENA, mfilterit. Plus, we'll be finding out more about Zofeur, an on-demand tech platform for hiring professional chauffeurs. We'll speak to Ishrath Hasmin the companies Co-Founder and Chief Operating Officer as they've recently launched their “Pay-per-minute” driver service in Abu Dhabi just in time for the 2023 F1 Abu Dhabi Grand Prix. Finally, it's F1 weekend - we'll speak to Imthishan Giado, Editor in Chief, Motoring Middle East and Head of Marketing at Octanium Experiences about whether there's a correlation between F1 success on the track and car brands off it. If Ferrari does well in F1 does that drive greater demand for road cars?See omnystudio.com/listener for privacy information.
11/24/202333 minutes, 10 seconds
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Sam Altman returns!

23 Nov 2023. Sam Altman is back as CEO of Open AI after being fired at the start of the weekend. Most of the board that removed him has agreed to step down - a new board is being put together, including former treasury secretary Larry Summer. Talal Thabet, CEO, Haltia.AI has the latest on that and whether the last few days has damaged the company. Plus, we speak to Matthew Dixon Founder & CEO, Evai.io about Binance chief executive, Changpeng Zhao, who has resigned after pleading guilty to money laundering violations.The sudden resignation of Changpeng "CZ" Zhao has shocked the crypto world. But who will be the new boss of Binance we ask? Finally, it's Thanksgiving! We speak to CarniStore Co-Founder - Daniel Wanies about whether the lower turkery costs in the US will follow suit here in the UAE. See omnystudio.com/listener for privacy information.
11/23/202333 minutes, 25 seconds
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CEO merry-go-round

22 Nov 2023. As Microsoft boss Satya Nadella has called for changes to OpenAI's board after its shock firing of Sam Altman - we've got the latest on the CEO merry-go-round. Pure Health, the UAE’s largest healthcare group, plans to launch an initial public offering next month and subsequently list its shares on the Abu Dhabi Securities Exchange, the region’s second largest bourse. We speak to Brian de Francesca, Senior Advisor, MAVEN about that latest IPO train. Plus, as homegrown UAE fitness brand, GymNation, has proudly announced a management-led buyout of all equity held by previous investor, JD Gyms - we'll speak to its Founder and CEO Loren Holland. Finally, we hear from Andrew Hammond, Saudi Editor, Arabian Gulf Business Insight (AGBI) on Saudi Arabia's new civil commercial code, due to go into effect by the end of the year. It will finally provide foreign investors with clarity on doing business in the country as it tries to shake off a reputation for opaque and arbitrary justice.See omnystudio.com/listener for privacy information.
11/22/202333 minutes, 7 seconds
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Dubai Taxi company offers up IPO.

21 Nov 2023. The Sam Altman saga continues! Sam Altman, the co-founder and CEO of OpenAI who many considered to be the leader of the burgeoning artificial-intelligence revolution, was fired by the company's board on Friday, then almost rehired over the weekend, then ultimately poached by Microsoft to run a new AI effort following a second leadership shakeup at the company. But is he really gone for good? We'll discuss the latest. Dubai Taxi Company will offer up to 24.99 per cent stake in an initial public offering, after being set up as a public joint-stock company as part of Dubai's push to broaden its capital markets. We'll speak to the company's CEO - Mansoor Rahma Alfalasi. Plus, we'll cross live to Kenya to speak to Fati N'Zi-Hassane, Director of Oxfam in Africa about how the richest 1% of humanity is responsible for more carbon emissions than the poorest 66%. Finally, we'll hear from the man bringing baseball diplomacy to the UAE - Kash Shaikh. See omnystudio.com/listener for privacy information.
11/21/202332 minutes, 46 seconds
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Dubai property transactions set a new annual record

Sam Altman may be on the verge of a dramatic comeback at OpenAI, the artificial intelligence company that created ChatGPT. Altman was fired by the board of directors on Friday – but multiple media reports suggest that investors including Microsoft want him back. We’ve got the latest analysis from Nancy Gleason, Director of the Hilary Ballon Center for Excellence in Teaching and Learning at NYUAD, and Associate Professor of Practice, Political Science, New York University Abu Dhabi on whether Altman’s a hero or a villain. In the lead up to National Day we look at what the UAE's job market is looking like and where the country has reached in its Emiratization efforts with Talib Hashim, Managing Director of TBH Advisory and Partner in Sdara. Plus, we speak to ​​​​​Zhann Jochinke, COO, Property Monitor + Director of Market Intelligence & Research at Cavendish Maxwell on Dubai property transactions setting a new annual record. Finally, the Coca-Cola Arena is hosting more business conferences, pivoting from its usual diet of concerts and entertainment events - we speak to Mark Jan Kar, General Manager, Coca-Cola Arena to tell us more. See omnystudio.com/listener for privacy information.
11/20/202327 minutes, 54 seconds
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Rental markets remain robust

We’ve got the latest from Ed Bell, Senior Director, Market Economics, Emirates NBD on what’s moving the markets as we head towards the weekend. Plus, it’s part two of our interview with Tony Douglas, CEO, Riyadh Air talking about Saudi Arabia's start-up airline Riyadh Air which is set to place an order for narrow-body aircraft in the next few weeks. We’ll also hear from Paul Kelly, Operations Director, Allsopp & Allsopp on the rental market which has remained robust, with 40,840 transactions. Apartment rentals have dominated, while villa and townhouse rentals have also seen significant activity. Finally, we hear from Danny Van Otterdijk, Chief Communications Officer, DP World for day two of the season-ending DPWTC at JGE.  See omnystudio.com/listener for privacy information.
11/17/202332 minutes, 14 seconds
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The world’s newest airline takes off

Joe Biden and Xi Xinping held several hours of talks in San Francisco, on the sidelines of the APEC meeting. Biden said “the planet is big enough for both of us to succeed” whilst also addressing economic ties with China. We’ll have the latest analysis on that with Ed Bell, Senior Economist at Emirates NBD. As we broadcast live this week from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport, we’re celebrating the company's 10th anniversary amidst the Dubai airshow. Etihad Airways CEO Antonoaldo Neves, joined the Business Breakfast as he pledged to triple the number of passengers by the end of the decade. Plus, Tero Taskila, CEO, Beond - the newly established luxury airline that has showcased its first passenger plane at the Dubai Airshow explained how they’re about to launch their first flights from Riyadh, Zurich and Munich to the Maldivian capital, Male. We also hear from Riyadh Air CEO, Tony Douglas who’s set to place an order for narrow-body aircrafts within the next few weeks. See omnystudio.com/listener for privacy information.
11/16/202332 minutes, 14 seconds
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Dubai Airports CEO reveals his forecast for annual passenger traffic

On the Bitesize podcast today we’re broadcasting live from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport celebrating the company’s 10th anniversary during the week of the Dubai Airshow. Brandy spoke to His Highness Sheikh Ahmed Bin Saeed Al Maktoum - CEO and founder of Emirates Group at his semi-annual round table and began by asking after the massive wide body order, will they now buy narrow body? Plus, Paul Griffiths, CEO of Dubai Airports exclusively revealed to the Business Breakfast that they are set to match and even exceed pre-pandemic passenger traffic. Ghaith Al Ghaith, CEO of flydubai gave us the latest about their order for 30 Boeing 787-9 Dreamliners worth $11 billion (Dh40.37 billion) at the Dubai Airshow. Finally, Peter Van Driel, CFO, ADNOC Gas told us about their quarterly net income of $1.1billion.   See omnystudio.com/listener for privacy information.
11/15/202332 minutes, 47 seconds
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Emirates and FlyDubai order more than $60 billion of new planes on Day One of the Dubai Airshow

We’ve got the latest on Salik reporting its highest Q3 revenue since the toll gates went live. Revenue was up more than 14 per cent, as the number of registered vehicles and revenue generating trips grew. However, Salik net profit for the first nine months fell, despite higher revenue. The company said this was due to changes to the operating structure, which meant it was hard to compare the performance on a like for like basis with last year. Meanwhile, Emirates and FlyDubai ordered more than $60 billion of new planes on Day One of the Dubai Airshow. Richard has an exclusive interview with Sir Tim Clark, President, Emirates Airlines - Emirates airline announced an order for 95 Boeing aircraft at a value of $52 billion. Plus, we’ll hear from Faheem Aziz, Chief Executive Officer, Safa Capital, as today is the latest day for Dubai listed companies to report their Q3 earnings. Finally, we’ll hear from Shiraz Khan, Head of Taxation, Al Tamimi & Co on the UAE ministry of finance announcing new corporate tax decisions for companies in free zones.See omnystudio.com/listener for privacy information.
11/14/202339 minutes, 52 seconds
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Dubai Taxi IPO announced

We’re broadcasting live from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport all this week, celebrating the company's 10th anniversary. On today’s Bitesize podcast we’ve got the latest from Sameer Lakhani, Managing Director, Global Capital Partners,  on the Dubai Taxi IPO announced this morning. Just under 25 per cent of the company’s shares will go on sale from the 21st of this month, with a minimum subscription of 5 thousand dirhams. We’re also speaking to Aviation expert Nick Humphrey and ask what we're likely to see in the way of new orders and announcements from this year's airshow. We’ll also hear from private jet guru Holger Ostheimer, Managing Director of DC Aviation Al-Futtaim on exactly what it’s like in the private terminal. Finally, we speak to AC Milan CEO Giorgio Furlani about the opening of Casa Milan Dubai, the new home of the Rossoneri in The Middle East. See omnystudio.com/listener for privacy information.
11/13/202336 minutes, 29 seconds
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Emirates reports record profit as aviation booms

On today’s Business Breakfast bitesize podcast we’ve got the latest on the region’s first crypto IPO announced this morning from Phoenix Group. We’ll also be discussing the latest Emirates numbers with aviation expert Vinamra Longani - with the group reporting a record first-half profit of 10.1 billion ($2.7 billion). Plus, we’re joined by Weisi Xie, Director, Shanghai, Economist Intelligence Unit to discuss the potential upcoming meeting between Joe Biden and Chinese President XI Jinping. They are expected to hold summit talks in San Francisco next week as they seek to stabilize tense ties by meeting in-person for just the second time in nearly three years. But could it overshadow everything that happens at APEC? Finally, we’ll speak to Chandu Siroya - Managing Director, Siroya Jewellers & Vice Chairman of Dubai Gold & Jewellery Group to discuss Diwali-nomics as Indians rush to buy gold to celebrate Diwali. See omnystudio.com/listener for privacy information.
11/10/202331 minutes, 56 seconds
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Why Dubai has taken the top spot for cities people want to move to

The dollar's rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes. Daniel Richards, senior economist, Emirates NBD joined us to discuss the latest on that and why we should be investing in new roads. Taimur Khan, Associate Director & Head of Research, CBRE, explained how residential transactions in the booming Dubai real estate market has reached new milestones exceeding previous records. Plus, a brand-new free paper has been launched in Dubai, with over 80,000 copies distributed across the UAE - Matthew Amlot from Arabian Business joined us to tell us more. Finally, Mo Mansour, Head of UAE, Remitly came down to Dubai CommerCity to explain why Dubai has been ranked as the number one city people from around the world want to move to. See omnystudio.com/listener for privacy information.
11/9/202331 minutes, 50 seconds
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What can businesses learn from WeWork?

On the BITESIZE podcast today Daniel Richards, Senior Economist Emirates NBD has the latest on Aramco’s profits which are down with oil at a 3-month low. Manpreet Gill, Chief Investment Officer for the Africa, Middle-East and Europe (AMEE), Standard Chartered joins us explaining that geopolitics remains a risk, with the focus on any disruption to oil supplies in the Middle East as a potential channel to financial markets. Plus, Shane McGinley, News Editor, Arabian Gulf Business Insight (AGBI) discusses how FATF is almost certain to take the UAE off the grey list next year and explains what the UAE has done over the past 18 months to improve its AML performance as some British citizens living in the UAE have had their UK bank accounts closed because they live in a "risky" country. Finally, Founder & Owner of Workplace Maven Oliver Baxter joins us to discuss WeWorks and what other businesses can learn from their mistakes. See omnystudio.com/listener for privacy information.
11/8/202338 minutes, 8 seconds
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Dubai's new approved budget

Dubai approves a budget of a quarter of a trillion dirhams for the next three years. Daniel Richards, senior economist Emirates NBD crunched the numbers for us and gave us his key takeaways from the budget. Agthia Group Reports AED 3.27 Billion Net Revenue During The First Nine Months 2023 - we discussed the latest on those numbers with Alan Smith, Chief Executive Officer, Agthia Group. Plus, we were joined by Bayut and Dubizzle CEO Haider Ali Khan who updated us on their IPO plans, Chat GPT and property portal wars. Finally, Alex Zeitz, Director of Experience, International Port Ops, and Special Events from Virgin Voyages explained how Dubai Harbour has welcomed the iconic Resilient Lady from Virgin Voyages on its maiden call to the Arabian Gulf. See omnystudio.com/listener for privacy information.
11/7/202330 minutes, 54 seconds
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What's setting Dubai CommerCity apart from other freezones?

On today's podcast we've got the latest on the Saudi private sector job creation being at a 9 year high with PMI numbers showing the Saudi private sector continuing to grow - all of that with Daniel Walker, senior economist at Emirates NBD. Plus, we're live from Dubai CommerCity this week so we speak to Faisal Jassem, Senior Director of Sales here about this being the first and leading free zone dedicated exclusively to digital commerce in the Middle East Africa and South Asia (MEASA) region. We go live to Riyadh to speak to Phil Hine, Human Capital Advisor, Public Investment Fund (PIF) on Saudi Arabia's non-oil sector that's experiencing a significant increase in employment. Finally, could AI create a world where no one needs a job? We’ll find out more with the CEO of Tripler. See omnystudio.com/listener for privacy information.
11/6/202334 minutes, 8 seconds
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Dubai real estate prices have hit the previous peak of nine years ago

03 Nov 2023. We've got the latest on Crypto tycoon Sam Bankman-fried who was found guilty after the collapse of his FTX cyrpto exchange. Dubai real estate prices have hit the previous peak of nine years ago. Zhann Johinke of Property Monitor tells us that averages prices hit Dhs1,234 per square ft this week - exactly the same as September 2014. We speak to the founder of the region's latest unicorn, Tabby, about its IPO plans and we hear from Microsoft CEO Satya Nadella, who’s been speaking in Abu Dhabi. He talks AI, the UAE – and why we should have ‘confidence but not hubris’.See omnystudio.com/listener for privacy information.
11/3/202330 minutes, 35 seconds
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The UAE's new end-of-service savings scheme begins

02 Nov 2023.  We've got the latest from Emirates NBD on those Fed rates. We also have the latest on the UAE's new end-of-service savings scheme for private and free zone workers from Sabrina Saxena, Senior Counsel, Employees and Incentives, Al Tamimi and Co. Plus, we speak to a DIEZ vice president about why the free zone group is getting into the venture capital game - Hassan Waheed, Vice President, Corporate Finance and Treasury. Finally, we speak to Espace Real Estate Boss John Lyons about what a pause in interest rate hikes means for the property market.See omnystudio.com/listener for privacy information.
11/2/202338 minutes, 4 seconds
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Defaulted on a debt in Dubai: what's changed?

01 Nov 2023. We've got the latest on the fall in fuel prices for November with Emirates NBD economist Jeanne Walters. A new decision from the Court of Cassation will change the legal implications for defaulting on a debt. Georgina Delaney Senior Legal Consultant, Faisal Salem Advocates & Legal Consultants explains specifically what has changed and what that means financially for those who can't pay. Abu Dhabi International airport's new terminal A begins operations today, increasing passenger capacity - we'll have the latest from Kashif Khalid, regional director MENA at Iata. Plus, our very own Richard Dean caught up exclusively with the outgoing global CEO of Rolls Royce talking about his career at the company and whether the UAE could be part of his future plans. See omnystudio.com/listener for privacy information.
11/1/202333 minutes, 32 seconds
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Corporation tax exemptions - do you qualify?

31 Oct 2023. We've got the latest from Emirates NBD on the UAE economy that grew 3.7 per cent according to new numbers from the Minister of Economy.  We've also got analysis on the non-oil sector that grew by just under 6 per cent. Bloomberg says it's seen an investor prospectus for a Dubai Taxi IPO - we'll speculate what might be in it with capital markets lawyer Andrew Tarbuck of Al Tamimi and Company. Plus we're talking all things tax with The Cragus Group Limited finding out about corporation tax exemptions and how we need to be wary of advisers overselling what companies actually need. It's October 31st which means it's Halloween - General manager at Spinney's, Tom Harvey, joins us to discuss sales revenues this year and how much of an impact the holiday has on UAE residents in terms of their spending. See omnystudio.com/listener for privacy information.
10/31/202336 minutes, 28 seconds
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Setting up a regional HQ in Saudi Arabia?

We get the latest on what we can expect to see from interest rates from Emirates NBD. We hear from Alex Nicholls, Head of KSA Expansion and Community, AstroLabs on the January 2024 deadline for global companies to move their regional headquarters to Saudi Arabia. which He explains how it will be implemented without delay as scheduled, following confirmation from the kingdom’s finance minister. We'll also hear from Andrew Naylor, Head of Middle East and Public Policy, World Gold Council on the Q3 Gold Demand Trends. The report has revealed support for the asset continues as central bank buying maintains a historic pace, bringing quarterly gold demand (excluding OTC) to 1,147t, 8% ahead of its five-year average. Plus we'll hear from Ant Martland, Co Founder of Gymnation as we enter another month of the Dubai Fitness Challenge. See omnystudio.com/listener for privacy information.
10/30/202332 minutes
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Air Arabia celebrating 20 years - but what does the future hold for the airline?

We've got the latest on interest rates, including both the European and US economies. CEO of Air Arabia - Adel Abdullah Al Ali joins us to celebrate 20 years of the airline. He'll tell us how movement he's seen within aviation, inflation and gives us an insight into their outlook for Q4. Mohamad Majid, Partner, Digital and Innovation at KPMG Lower Gulf explains how two-thirds of UAE tech leaders are attributing increased business profitability to AI. Plus, we speak to Muhammad Qasim Ikhlaq, Residential Consultant, Betterhomes on Sharjah's booming real estate sector.See omnystudio.com/listener for privacy information.
10/27/202330 minutes, 6 seconds
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How to get COP right as a corporate.

26 Oct 2023. We've got the latest on ADIB's Q3 numbers and what that means for the region. Plus we'll hear about how new projects are set to ease pressure on commercial real estate with an expected delivery of over 100,000 sq. metres of office space in Q4. We speak to Neil Gray, Scotland's cabinet secretary for wellbeing economy, fair work and energy who has announced a business delegation of 19 Scottish net zero-focused companies to the UAE during COP28. We'll find out how Dubai has retained its leading position in the MENA region on Kearney's global cities index and what's beefing up the price of meat. See omnystudio.com/listener for privacy information.
10/26/202330 minutes, 20 seconds
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How does architecture affect the brain?

25 Oct 2023. Jonathan Emery, CEO of Aldar Development is making an impact here in Dubai. He gives us a preview of their latest property development that's set to be finished by 2027. But this won't just be another new development, this will have a huge focus on wellness and community, something they are seeing great demand for. James Drummond, Editor-in-Chief of AGBI (Arabian Gulf Business Insight) gives us the latest live from Saudi Arabia at the Davos in the Desert conference. Gordonstoun School, the institution that educated the current King of England, King Charles III, is set to open a branch school in Abu Dhabi.See omnystudio.com/listener for privacy information.
10/25/202331 minutes, 55 seconds
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Bahrain's Investcorp to list on the ADX.

24 Oct 2023. We ask Investment expert Sameer Lakhani of Global Capital Partners why a Bahrain company is looking at Abu Dhabi for its IPO. Plus, The CEO of Qatar Airways, Akbar Al Baker, quits after more than a quarter of a century. We get the reaction from aviation expert Vinamra Lakhani. And, we focus on real estate - first with Valustrat who say Dubai residential property is seeing highest quarterly capital gains in a decade. We also hear from one real estate platform that's just raised 20 million dollars - Nomad Homes. See omnystudio.com/listener for privacy information.
10/24/202332 minutes, 17 seconds
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Can you spot fake reviews online?

23 Oct 2023. Major online firms such as Amazon, Booking.com, and Tripadvisor are ramping up their fight against fake reviews. We asked Amir Kolahzadeh of IT Sec & Debsena Chakraborty of mfilterit just how big a problem is fake reviews. Plus, UAE employers are budgeting for a base salary rise of just over 4% for 2024. Ted Raffoul of Mercer MENA explains the numbers behind their survey. See omnystudio.com/listener for privacy information.
10/23/202338 minutes, 27 seconds
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Are commercial property sales on the rise?

20 Oct 2023. Aviation was a hot topic on The Business Breakfast given Air India will be taking delivery of a new aircraft every six days till the end of 2024. Aviation expert Vinamra Longani gives us an inside look into this expansion. Finnish telecoms giant Nokia are axing between 9,000 and 14,000 jobs by the end of 2026 to cut costs - we get the latest on those figures from Neil Shah at Counterpoint research. Andrew Elliott, Director at the Commercial agency at Chestertons explains why the commercial property sector is booming and we get the very latest from GITEX. See omnystudio.com/listener for privacy information.
10/20/202326 minutes, 54 seconds
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How you can make money through other people's properties using AirBNB arbitrage.

19 Oct 2023. We've got the latest on the UK inflation numbers and we'll be finding out just how you can make cash through other people's properties in the short term property market. We're joined by American internet entrepreneur and angel investor Jason Calacanis who tells us why he's in Dubai and the advice he has for investors. We've also got the latest from GITEX where we chat to Nicolai Solling - Chief Technology Officer at HELP AG. Plus we'll find out about the latest Q3 report for the Dubai real estate market which shows a reduction in transaction volume.  See omnystudio.com/listener for privacy information.
10/19/202339 minutes, 56 seconds
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Why Saudi’s investing more than $175 billion?

18 Oct 2023. Saudi Arabia is set to invest more than $175 billion annually on industrial and mega projects between 2025 and 2028 - we speak to Aaron Fletcher, head of Saudi Arabian Recruitment at Hays to tell us more. Plus, the latest on Dubai CPI from Emirates NBD. The UAE retirement income system improved its score ranking 23rd globally - Rob Ansari, Head of Investments and Retirement at Mercer gave us an insight as to why the UAE has ranked alongside countries with robust pension schemes.  We find out how MENA venture capital funding saw a 38% increase and we find out the latest on autonomous drones in the UAE from our producer Mohamed who was down at GITEX.See omnystudio.com/listener for privacy information.
10/18/202331 minutes, 29 seconds
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Is there a demand for new tech talent in the region?

17 Oct 2023. Jeanne Walters of Emirates NBD gives us an insight into Chinese GDP, why everyone is watching it so closely but also what it means for the rest of the world. We also find out the latest on inflation, which New Zealand saw falling to a two year low. Natalia Sycheva of Integra Seven talks tech talent in Dubai in relation to a first-of-its-kind report they've put out with Wamda. Frederick Marris from Zoom explains how the need for the platform hasn't dyed down and Virtuzone's John Casey shed light on their new initiative that's helping smaller businesses in the UAE. See omnystudio.com/listener for privacy information.
10/17/202330 minutes, 20 seconds
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Is it onwards and upwards for Dubai's expanding economy?

16 Oct 2023. Donal Curtin, Managing Director of Economics NZ discuss the national party winning the New Zealand election, taking enough seats to form a coalition with its allies on the right wing of politics. Plus, Jeanne Walters of Emirates NBD talks all about Dubai's expanding economy which saw a 3.2% increase in the first half of 2023. Ben Bargh of CRC Properties speak to us about a significant shift in the commercial property sector and we also have Klaus Kajeetski from Yalla Esports about the gaming industry's biggest ever takeover which saw Microsoft secure a $69bn deal.See omnystudio.com/listener for privacy information.
10/16/202331 minutes, 55 seconds
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Chat GPT for the medical industry.

13 Oct 2023. G42 and Mubadala have launched an AI chatbot for healthcare. Ashish Koshy, Group Chief Operating Officer, at M42 about how they will use this technology. Plus, we're seeing a surge in the recruitment of tax roles in the UAE and Conor McHugh of the headhunting firm Alchemy Search says we will keep seeing this growth in Q4. And, Dubai's got more than 200 centi-millionaires, according to Henley and Partners. We'll speak to regional head Phillipe Amarante.See omnystudio.com/listener for privacy information.
10/13/202329 minutes, 53 seconds
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Bad blood between Swifties and Cinemas?

12 Oct 2023. Taylor Swift's Era tour is coming to cinemas but those in the UAE will have to wait a bit longer so we asked Fiona Robertson of OSN about this release. Plus, the UAE, Saudi, and Egypt account for 60% of the region's 3 trillion dollar construction projects. Laura Morgan, Market Intelligence Lead MEA, JLL made sense of the numbers. And, the Emirates Development Bank is lending hundreds of millions of dirhams to futuristic farmers. So we spoke to their Chief Executive, Ahmed Al Naqbi, about the fund allocation.See omnystudio.com/listener for privacy information.
10/12/202333 minutes, 18 seconds
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Would you propose with a lab-grown diamond?

11 Oct 2023. Over $1.5 billion of lab-grown diamonds were traded through Dubai last year so we spoke to Basma Chaieri, Founder, Etika Jewels about the demand for this stone and whether it is acceptable to propose with a lab-grown diamond. Plus, Brandy has been speaking to OPEC's Secretary General Haitham Al Ghais in Fujairah. And, we look at Careem's latest numbers as well the ongoing cricket World Cup in India. See omnystudio.com/listener for privacy information.
10/11/202334 minutes, 25 seconds
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How well are UAE finance professionals being paid?

10 Oct 2023. Headhunter Oscar Orellana Hyder has put together his first research report to explain what is happening in the market. Plus, as the Nobel Prize for Economics was handed out - we asked Prof. Adam Ramey of New York University in Abu Dhabi what he made of this. And, Haus & Haus say they're seeing a 'cash buying frenzy' - and some interesting trends - at Tilal Al Ghaf. We find out what that says about the wider market with sales director Charlie Bannon.See omnystudio.com/listener for privacy information.
10/10/202336 minutes, 15 seconds
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UAE sees job opportunities rise nearly 9%.

09 Oct 2023. We spoke to Cooper Fitch boss Trefor Murphy about their report - where those jobs are being created, and who is coming to fill them. Plus, we hear from the regional boss of Radisson hotels – Tim Cordon on those stellar numbers for UAE hotels. And, a new discount app in the UAE made by 3 ex-Entertainer employees. See omnystudio.com/listener for privacy information.
10/9/202335 minutes
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Should we change how the Nobel Prizes are given out every year?

As the Nobel Prizes are being handed out this week, team Business Breakfast have a different approach over how the awards should work. Plus, we look at real estate - Dubai villa rents are the highest on record, says CBRE - we hear from Taimur Khan. And, is Saudi Arabia headed towards a recession? We ask Ed Bell of Emirates NBD.See omnystudio.com/listener for privacy information.
10/6/202329 minutes, 58 seconds
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Cricket World Cup gets underway so we look at it from a business POV

We hear from Maaz Sheikh of Starzplay about the business model for buying the streaming rights for the World Cup and cricket expert Chandresh Narayanan about how India is preparing to host the tournament. Plus, as Taaleem reported a 42% increase in net profit, we asked CEO Alan Williamson what this means for the listed school operator. And we discuss the hotel group FIVE's upcoming IPO. See omnystudio.com/listener for privacy information.
10/5/202334 minutes, 46 seconds
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UAE's Electric car - Rabdan

We look at the economics of the UAE’s first electric car with HE Abdullah al Shamsi of the Ministry of Industry and Advanced Technology on the sidelines of ADIPEC. Plus, we talk AI's role in intellectual property with DR. Abdelrahman AlMuaini, Assistant Undersecretary of Intellectual Property Sector, UAE Ministry of Economy. And, we find out why the people behind Pickl have bought the popular cafe chain 1762. See omnystudio.com/listener for privacy information.
10/4/202341 minutes, 53 seconds
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Abu Dhabi non-oil GDP grows by 12%

We crossed to the capital to speak to H.E. Rashed Abdulkarim Al Blooshi, Undersecretary of Abu Dhabi Department of Economic Development about the story behind the numbers. Plus, as DIFC introduces a first-of-its-kind Digital Assets Law, we spoke to their Chief Legal Office Jacques Visser what this covers. And, as we get closer to the busy event season in the UAE, we find out about the headline acts at this year's F1 Abu Dhabi Grand Prix with Saif Rashid Al Noaimi of Ethara. See omnystudio.com/listener for privacy information.
10/3/202331 minutes, 22 seconds
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Have you signed up for the unemployment scheme?

Yesterday (1st October) was the deadline to sign up for the UAE's unemployment scheme but what happens if you missed it? We ask Employment Lawyer Lisa Merod of Clyde and Co. Plus, we find out why IKEA is slashing its prices. And, Richard Dean is our roving reporter, he's been in Copenhagen over the weekend onboard Etihad's first flight to the Scandinavian city. See omnystudio.com/listener for privacy information.
10/2/202334 minutes, 52 seconds
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Donna Benton returns

The founder of the Entertainer, who sold the company 5 years ago, is back at the helm. We speak to Donna Benton, CEO of the Entertainer about why she's back and what she is planning to do to bring it back to its glory days. Plus, we talk expansion of the DMCC with Ahmed bin Suleyam. And, another comeback CEO - Dr. Howard Podolsky, who we remember from our COVID coverage, is back leading the Cambridge Medical and Rehabilitation Center.See omnystudio.com/listener for privacy information.
9/28/202332 minutes, 31 seconds
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Rotana hotels is looking to nearly double its portfolio over the next 3 years

We speak to COO Eddy Tannous of Rotana Hotels about their gulf expansion plans. Plus, an extended chat with Professor Afshin Molavi of John Hopkins University on everything from China US relations, Biden v. Trump, and the UAE's upcoming COP28 conference. And, as Donna Benton returns to the Entertainer - we discuss what that means for the BOGOF company. See omnystudio.com/listener for privacy information.
9/27/202332 minutes, 38 seconds
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Is Dubai on its way to a commercial property crisis?

Real Estate mogul Lewis Allsopp says his new research shows that we are headed that way. Meanwhile, Rove Hotels have announced their expansion plan with 10,000 new rooms to be added across the region. The COO Paul Bridger explains. And, when does winter actually begin in the UAE? As Tom and Richard couldn't decide, we asked ChatGPT. See omnystudio.com/listener for privacy information.
9/26/202332 minutes, 5 seconds
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Starbucks tells us that UAE sales climbed 25% this year

We get details of the Pumpkin Spice Latte sales and the most popular drink in the market with Andy Holmes, President of Starbucks at Alshaya. Plus, we talk the economics of space, with the man behind a Dhs19 billion satellite deal in Abu Dhabi: Yahsat finance chief Andrew Cole. And, we speak to H.E. Sheikh Faisal Bin Saoud AlQassimi, Director, Sharjah Airport Authority about the record passenger traffic they have seen this summer.   See omnystudio.com/listener for privacy information.
9/25/202331 minutes, 6 seconds
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Rupert Murdoch to step down

As Rupert Murdoch steps down as chairman of his media empire, we speak to Mazen Nahawi, Founder & CEO of CARMA about the succession of this conglomerate. Plus, we'll hear from some of the Apple enthusiasts queuing up to six hours to register for today's iPhone 15 launch and Ashish Panjabi of Jacky's about the demand for the new phone.   See omnystudio.com/listener for privacy information.
9/22/202336 minutes
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Could we get a new Dubai airport?

We hear from DXB boss Paul Griffiths about the future of the airports and would we see a move to Dubai South. Plus, as the Fed decided to hold interest rates & the UAE Central Bank followed suit, we asked Carla Slim of Standard Chartered Bank what this means for those of us living in the GCC. And, we talk Atlantis's preparations for NYE including a performance from Sting. See omnystudio.com/listener for privacy information.
9/21/202330 minutes, 43 seconds
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Dubai to get more than 9000 new hotel rooms this year

This is the number from a new Knight Frank report. STR's research says the Middle East's hotel industry is the strongest in the world on metrics such as occupancy and Revpar & Dubai's average room rate sits above the regional average. We get details from Phillip Wooler of STR & Tim Cordon of Radisson Hotel Group. Plus, as New Year's Eve bookings are in full swing in Dubai, we find out from Tony Samuel of Flash ART Dubai about the demand and preparations for the fireworks display. See omnystudio.com/listener for privacy information.
9/20/202339 minutes, 45 seconds
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Would a certificate convince you to buy a pre-owned car?

19 Sep 2023. Ameen Jaber, Head of Marketing, Al Masaood Automobiles joined us to explain why they're seeing an increase in demand. Plus, we get the details from the UN General Assembly meeting in New York, where Dubai-based professor Taufiq Rahim is our man on the ground. And, Banking giant Citi says we're at an inflection point when it comes to cross border payments. We'll find out why with their global head of the future of finance - Ronit Ghose. See omnystudio.com/listener for privacy information.
9/19/202328 minutes, 10 seconds
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iPhones on SALE! But have we lost the appetite for smartphones

Tech veteran Ashish Panjabi reveals the true state of the local gadget market. Plus, the DIFC starts selling residential property for the first time this week. We speak to Knight Frank about expected demand. And we get on our bike to discuss the business of cycling following the announcement of more investment into the bikey-infrastructure with Anamaria Castillo, Landscape Strategies Director at Khalq Studio. See omnystudio.com/listener for privacy information.
9/18/202332 minutes, 30 seconds
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The economics of traffic in the UAE

We look at the economics of traffic here in the UAE as motorists continue to complains of congested roads. Phil Clarke of 4E Road Safety & Transport Consultants for the teachincal side of traffic and what could that mean to our economy with Jeanne Walters, Economist of Emirates NBD. Plus, we talk tall towers with the editor of MEED, who broke the story that Jeddah’s 1 kilometer behemoth is back on track.See omnystudio.com/listener for privacy information.
9/15/202335 minutes, 55 seconds
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No summer slowdown for the Dubai real estate market

New report from Property Monitor says that the summer slowdown which we normally witnesses pretty much didn’t happen this year. Zhann Jochinke, COO, Property Monitor + Director of Market Intelligence & Research at Cavendish Maxwell talk us through the report. Plus, the International Energy Agency warns OPEC+ supply cuts could send prices higher. Energy expert Dr Sara Vakshouri, Founder & President, SVB Energy International joins us live. And new private jet service for dogs has been launched in Dubai. We talk dogs on planes with Adam Golder, Co-Founder of K9 JETS.See omnystudio.com/listener for privacy information.
9/14/202332 minutes, 16 seconds
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Apple unveiling its latest range of phones

We get the reaction to the Apple launch of Dubai-based tech journalist Daanesh Kalyaniwalla. Plus, we get the lowdown on the Lulu IPO, from lawyer Andrew Tarbuck, Partner, Head of Capital Markets, Al Tamimi & Company. And, talking oil demand with Matt Stanley, Client Liaison Lead, Middle East, Africa and Asia, Kpler & Co-host of the Smoking Barrel Podcast.See omnystudio.com/listener for privacy information.
9/13/202331 minutes, 22 seconds
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Do we need another smartphone?

Ahead of tonight’s new iPhone launch - we speak to tech researchers Counterpoint, as smartphone sales fall to their lowest in a decade. Plus, we talk education as  Georgetown University announced the launch of its new Executive Master of Business Administration (Executive MBA) program at the DIFCAcademy in Dubai. And, Dubai's first tokenised equity crowd funding platform will be launch, we find out more with Scott Thiel, Managing Director at TOKO.See omnystudio.com/listener for privacy information.
9/12/202332 minutes, 19 seconds
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The UAE agrees a landmark railway project at this weekend’s G20 meeting in India

It's a deep dive of what happened with G20 meeting in India. We've got reaction from two economist: Shalini Mittal in Delhi and Ed Bell in Dubai. We also also have Christopher Seymour, Head of Strategy and Investment for Middle East,  Africa and South Asia Mott MacDonald and Chair of RICS MEA and his take about the landmark East-West railway and shipping deal. And, we talk gold with the team from the World Gold Council.See omnystudio.com/listener for privacy information.
9/11/202332 minutes, 29 seconds
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World leaders gather in India for this weekend’s G20 meeting.

08 Sep 2023. We find out what the meeting means for the UAE - who has been invited as a special guest, plus what the mood is on the ground. We also look at July's incredible air passenger numbers with regional IATA boss Khalid Kashif. See omnystudio.com/listener for privacy information.
9/8/202323 minutes, 49 seconds
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If companies move away from gratuities - will this change our salaries split?

07 Sep 2023. The new voluntary end-of-services scheme which will let employees invest their savings got us thinking if companies move away from gratuities - will they also move away from splitting salaries into basic and allowances? We ask recruiter Oscar Orellana-Hyder, Co-Founder, Cordell Partners. Plus, we look at the future of bricks-and-mortar retailing. Fuad Mansoor Sharaf, Managing Director – UAE - Shopping Malls, Majid Al Futtaim Properties joined us to discuss their new platform to promote home grown brands. And, we talk luxury property with Espace Real Estate.See omnystudio.com/listener for privacy information.
9/7/202334 minutes, 46 seconds
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What does the new end of service benefit scheme mean for investments?

06 Sep 2023. We get the investment perspective from Dean Kemble, Chief Commercial Officer, GSB Capital & the savings angle from Mohammed Al Ali of National Bonds. Plus, we talk remittances with Alex Holmes of Moneygram. And, how big a problem is the clickbait listings for the real estate industry? We ask Kieron Franklin of Nunza Real Estate.See omnystudio.com/listener for privacy information.
9/6/202331 minutes
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UAE announces new end-of-service benefits scheme.

05 Sep 2023. We get both the lawyer's view and the compensation expert's take on that new end-of-service benefits scheme. Michael Chattle is from the lawfirm Pinsent Masons and Martin McGuigan is from Comp & Ben Middle East. Plus, we look at tax breaks for small companies in the UAE, with lawyer Nils Vanhassel.  See omnystudio.com/listener for privacy information.
9/5/202334 minutes, 46 seconds
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Sultan Al Neyadi returns to earth.

04 Sep 2023. UAE Astronaut Sultan Al Neyadi has successfully landed back on earth after spending 6 months in space - listen back to the historic moment. Plus, we look at what a UAE-New Zealand CEPA could mean for both countries with New Zealand based economist Dr. Oliver Hartwich. And we speak to new Dubai Future District Fund MD Nader Al Bastaki about where he wants to take the fund.See omnystudio.com/listener for privacy information.
9/4/202337 minutes, 30 seconds
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Petrol more expensive in the UAE.

01 Sep 2023. Petrol prices are up around 9% for September - we find out why and what they mean for us on the ground from economy expert - Daniel Richards of Emirates NBD and energy expert - Sean Evers. Plus, we talk VCs from the US looking to the UAE for investments with Zafer Younis of SVVI. And, we talk the business of sport with former Rugby legend Matt Tait ahead of the Dubai Sevens. See omnystudio.com/listener for privacy information.
9/1/202330 minutes, 38 seconds
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Perfumenomics!

31 Aug 2023. We talk perfume-nomics - we get the perspective from local perfume manufacturers Ajmal and the International angle from CPL Aromas. Plus, as the UAE non-oil trade climbs 14% to a record high, we asked Emirates NBD economist Dan Richards to put those trade numbers in context for us. And, padel courts are booked out - but is this normal for the summer season? We ask Max Marsh Pickard, General Manager, Padel Art.See omnystudio.com/listener for privacy information.
8/31/202333 minutes, 59 seconds
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Is the price of charging an EV stopping people from switching over?

30 Aug 2023. Hasan Nergiz, Managing Director - Electric Mobility Company, Al Futtaim joined us to discuss the cost, after a Compare the Market report ranked the UAE the fourth cheapest country in the world to charge an electric vehicle. Plus, Abu Dhabi is planning to introduce caravans and RVs as glamping options to boost tourism. We get details from Vinayak Mahtani of BNBME. And, is using AI for writing academic essays a form of cheating? We ask Professor Nancy Gleason of New York University Abu Dhabi. See omnystudio.com/listener for privacy information.
8/30/202335 minutes, 57 seconds
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Dubai will see 3x more real estate transactions this year than 2019.

29 Aug 2023. Taimur Khan of CBRE also told us that Dubai is on course to hit 100,000 deals this year - up from 33,000 in 2019. Plus, we'll speak to e& capital's Kush Shah about why the telco is on an investment spree. And, we cross to Germany to speak to IRENA about a new report that shows just how much money renewable energy is saving the world.See omnystudio.com/listener for privacy information.
8/29/202331 minutes, 30 seconds
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Back to school 2023.

28 Aug 2023. As UAE students go back to school today - we hear from the CEOs of GEMS Dino Varkey & Taaleem Alan Williamson about the economics of education. Plus, we talk school buses & the increase of tech in education. See omnystudio.com/listener for privacy information.
8/28/202333 minutes, 45 seconds
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Emirates intend to cut ticket prices – as soon as global inflation eases.

25 Aug 2023. The airline's CCO Adnan Kazim spoke to Richard about their plans to reduce ticket rates and how they are dealing with the new COVID variant. Plus, the UAE and Saudi Arabia are among six countries invited to join BRICS. Dr. Chris Payne, Chief Economist at Peninsula Real Estate explained what this means for the GCC countries. And, we find out about a new app that lets you find out how much your neighbours are paying in rent with Lewis Allsopp, Group CEO, Allsopp & Allsopp Real Estate.See omnystudio.com/listener for privacy information.
8/25/202340 minutes, 51 seconds
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Are the house evictions in the UAE having an effect on the short-term stay market?

24 Aug 2023. Nila Pendarovski, General Manager, Rove Expo joined us to explain what they're seeing on the ground but first began by telling us about Choithrams setting up shop in the hotel. Plus, we look at UAE travel trends with Lovrenc Kessler of Simon Kucher & Partners. And, are Chinese buyers having an impact on our property market? We ask Simon Spencer of ESPACE Real Estate. See omnystudio.com/listener for privacy information.
8/24/202333 minutes, 38 seconds
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Should we be worried about the rising food prices?

23 Aug 2023. As prices of onion, tomatoes, and rice rises, we asked two supermarket chains what this means for us in the UAE. Tom Harvey is from Spinneys while Ashutosh Chakradeo is from Choithrams. Plus, as the BRICS countries meet in South Africa, we find out from Dr. Chris Payne about the power of these emerging markets. See omnystudio.com/listener for privacy information.
8/23/202334 minutes, 28 seconds
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DXB H1 passenger numbers passes pre-pandemic levels.

22 Aug 2023. DXB CEO Paul Griffiths joined us to discuss the numbers and they're expecting to see 'record breaking' numbers in the winter season. Plus, it's 100 days until COP28 opens its doors in the UAE - our very own Richard Dean has been looking ahead to the event. And, we look at what a potential strike in Australia's LNG plant could mean for energy prices in Asia with Justin Dargin of Carnegie Endowment.   See omnystudio.com/listener for privacy information.
8/22/202325 minutes, 34 seconds
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Majid Al Futtaim H1 net profit rise by more than 70%.

21 Aug 2023. Ahmed Galal Ismail, CEO, Majid Al Futtaim – Holding joined us to discuss the numbers. Plus a bit of a football focus on the show this morning - we speak to Diego Lopez of Global SWF about the Saudi investment into football & Bubs Felix about the popularity of women's sports after the success of the World Cup. See omnystudio.com/listener for privacy information.
8/21/202330 minutes, 56 seconds
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Are we not changing our phones more often?

18 Aug 2023. Global smartphone shipments could be the worst in a decade, according to research from Counterpoint. Richard Windsor, Director at Large of the research company told us why people are not willing to change their phones faster. Plus, as DP World sees first half profit drop, but revenues rise - we asked Rustin Edwards, Head of Fuel oil Procurement, Euronav about shipping costs.  See omnystudio.com/listener for privacy information.
8/18/202332 minutes, 59 seconds
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30% rise in rental car demand in the UAE.

17 Aug 2023. Rental car company Selfdrive.ae told us they're seeing a spike of up to 30 per cent in demand this summer. CEO Soham Shah explained the story behind the numbers. Plus, Craig Stevens, CEO of Dubicars.com joined us to talk about Vietnamese EV makers VinFast after their stock market evaluation soared. And, Mohammad Ali Rashed Lootah, President and CEO, Dubai Chambers told us about the spike they have seen in H1 when it comes to company registrations. See omnystudio.com/listener for privacy information.
8/17/202326 minutes, 38 seconds
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Business travel to bounce back to pre-pandemic levels next year.

16 Aug 2023. We dig into the report by GBTA about the return of business travel with Ali Haider of Nomadic. Plus, a new central bank decision on car insurance premiums could affect consumers, says Policybazaar.ae. CEO Neeraj Gupta explained the changes. And, as US retail sales rose more than expected last month despite rising interest rates. Ed Bell of Emirates NBD explained the significance behind this data. See omnystudio.com/listener for privacy information.
8/16/202330 minutes, 44 seconds
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130,000 Indians have moved to the UAE in the last year.

15 Aug 2023. We celebrate Indian independence day by examining the business & cultural links between UAE & India with Piyush Singh of Tremis Capital. Plus, as DAE has bought 64 new Boeing planes, we ask Firoz Tarapore why they've decided to pick up this order book. And could AI investments reach $200 billion by 2025? Goldman Sachs research thinks so. We asked Siddhartha Bhatia of Dataiku if AI could replace our jobs. See omnystudio.com/listener for privacy information.
8/15/202331 minutes, 16 seconds
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Do you need your salary early to pay your bills?

14 Aug 2023. We speak to one company that is providing employees early access to salary. Omair Ansari, CEO and co-founder, Abhi explained who is asking for the early salary. Plus, we look at why July was a boom month for house and apartment rentals with Paul Kelly of Allsopp and Allsopp. And, as Air Arabia saw net profit increase by nearly three times in Q2, compared to the year before - we ask aviation expert Vinamra Longani what this means for the industry. See omnystudio.com/listener for privacy information.
8/14/202332 minutes, 23 seconds
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New property records for July in the UAE.

11 Aug 2023. We find out why July is seeing new property records in a traditionally quiet month with the man behind that Property Monitor report, Zhann Johincke. Plus, as US inflation rises slightly, to 3.2 per cent we crossed to Seattle to speak to Vladimir Dashkeev, an economics professor about those US inflation numbers. And, we hear from Houston-based energy expert - and former Dubai resident - Dr. Jim Krane about what's going on with European gas prices.See omnystudio.com/listener for privacy information.
8/11/202328 minutes, 58 seconds
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Global air passenger traffic now at 94% of pre pandemic levels.

10 Aug 2023. We speak to regional IATA boss Kashif Khalid about those rising passenger numbers - and ask if high ticket prices can hold post-summer. Plus, it's Barbie day! We find out what the billion dollar movie could mean for the box office in the UAE. That's with Roxy Cinema director Murray Rea. And finally, are the high tourism numbers in Dubai having an impact on the short-term let in our property market? We ask John Lyons, Managing Director, Espace Real Estate.See omnystudio.com/listener for privacy information.
8/10/202332 minutes, 15 seconds
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Report-tastic day!

09 Aug 2023. New PMI numbers show strong growth in Dubai's private sector in July while the figures from Dubai Economy and Tourism report shows that the GDP grew 2.8% in Q1. We discussed the numbers with Issam Kazim, CEO of Dubai's Department of Economy and Tourism & Khatija Haque, Chief Economist of Emirates NBD. And, Dubai residential property has seen its highest monthly capital growth since 2014. Haider Tuaima of ValuStrat has the story behind the numbers. See omnystudio.com/listener for privacy information.
8/9/202330 minutes, 34 seconds
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Saudi Aramco reports 38% drop in Q2 net profit.

08 Aug 2023. Aramco profits still stand at 30 billion dollars & Matt Stanley of Kpler explains what's the story behind the number. Plus, we look at the Egyptian economy after their 100 basis point hike in rates with Carla Slim of Standard Chartered Bank. And, we look at Dubai's booming hospitality sector with David Allan of Radisson.See omnystudio.com/listener for privacy information.
8/8/202332 minutes, 22 seconds
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Would you stay in a hotel near your workplace for increased productivity?

07 Aug 2023. Google's latest offering to bring employees back to the office is to encourage them to stay in a hotel owned by Google, closer to their offices, in a bid to cut down commute time. We asked Oliver Baxter of Workplace Maven what he made of this offering. Plus, after this weekend's storms, we found out how busy Dubai's maintenance companies have been -with Luke O'Brien of Octopus. And, we speak to Simon Ritchie as burger chain Pickl is targeting 50 new GCC locations over the next five years.See omnystudio.com/listener for privacy information.
8/7/202335 minutes, 41 seconds
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Is there a higher demand for offices in the UAE?

04 Aug 2023. Knight Frank says their latest research shows a 23% spike in Dubai office market in the first half of 2023. We asked James Hodgetts - Partner - Occupier Strategy and Solutions, Middle East and Africa, Knight Frank what employers are looking for at the moment. Plus, as Amazon shares climbed 10% amid stellar revenue growth; but shares of Apple fell as iPhone sales declined. We crunched the numbers with Analyst Jessica Amir of  moomoo. And, as ADNOC Logistics and Services reported a jump of 327% in net profits, we asked their CFO Nicholas Gleeson what is behind the growth. See omnystudio.com/listener for privacy information.
8/4/202334 minutes, 1 second
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UAE's private sector continued to show "very strong" growth in July.

03 Aug 2023. New PMI reading for the UAE was 56 in July - down slightly from June; S&P economist Ralf Weigert joined us to explain the numbers. Plus, as markets continue to fall after Fitch downgraded the US economy, we asked Ed Bell of Emirates NBD how concerned we should be about this downgrade. And, as Facebook and Instagram start selling blue ticks in the UAE – yours for Dhs47 a month – we ask social media expert Steph Farah if it devalues the brands.See omnystudio.com/listener for privacy information.
8/3/202330 minutes, 3 seconds
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The UAE economy grew 3.8% in Q1.

02 Aug 2023. Ed Bell from Emirates NBD explains that robust UAE growth forecast. Plus, we spoke to the eSim company disrupting telco's roaming revenues, about the funding it's just got from - e&. Ahmet Bahadır Özdemir is the Co-Founder / CEO of Airalo. And, we talk all things gold demand in India with Jeff Rhodes and Andrew Naylor from the World Gold Council.See omnystudio.com/listener for privacy information.
8/2/202334 minutes, 29 seconds
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UAE's new prosecution offices to deal with financial crime.

01 Aug 2023. Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering. Plus, we look at what effect the increase in fuel prices could have on inflation with Emirates NBD economist Ed Bell. And, do you prefer using eSIM when you travel? Richard Dean says roaming services on our UAE number is cheaper. Do you agree?See omnystudio.com/listener for privacy information.
8/1/202329 minutes, 7 seconds
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Tough penalties for deliberate tax evasion in the UAE.

31 Jul 2023. We find out more about the penalties that will come into force tomorrow for not keeping proper corporate tax records with lawyer Nils Van Hassel from DLA Piper. Plus, as ADIB reported a 68% year-on-year rise in Q2 profit - we speak to their Group CFO Mohamed Abdel Bary on that growth. And, are you considering buying an EV? Research from Cars 24 says EV searches are booming in the UAE – CEO Abhinav Gupta tells us how many of these inquiries are turning into bookings.See omnystudio.com/listener for privacy information.
7/31/202330 minutes, 11 seconds
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Do you have a will in the UAE?

26 Jul 2023. DIFC Courts says over 700 wills have been registered in the first half of 2023 but we asked Amna Al Owais, Chief Registrar, DIFC Courts why this growth has been a bit slow. Plus, RAKBANK has posted a 71% jump in profits in H1. Their CEO Raheel Ahmed told us whether he was surprised by this number. And, we speak to one business that set up during COVID to find investors! Khaled Talhouni, the MD of Nuwa Capital explained why they left their jobs to start an investment company. See omnystudio.com/listener for privacy information.
7/26/202331 minutes, 55 seconds
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Dubai’s CPI was at 2% in June, lowest level since early 2022

We go through those new inflation numbers with Emirates NBD senior economist Daniel Richards and find out where in the Dubai economy prices are easing. Meanwhile, rents have risen more than 32% annually. We speak to the man behind the report, Haider Tuaima, Director and Head of Real Estate Research at Valustrat. And, as Elon confirms that he killed off the Twitter bluebird logo - replacing it with the letter 'X' - we reveal what it means for UAE advertisers and users with ad agency Leo Burnett. See omnystudio.com/listener for privacy information.
7/25/202332 minutes, 50 seconds
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What Europe's heatwaves mean for travel insurance?

We asked Toshita Chauhan, Business Head of Policybazaar.ae where do we stand with travel insurance when it comes to cancellations. Plus, with the Dow Jones stock index enjoying its longest rally since 2017, where should you invest? Veteran investor Gary Dugan joins us live. And do we need more oil? IEF says the world could face an oil shortage. Oil expert Matt Stanley, Partnerships Lead, Middle East at Kpler shared his take.See omnystudio.com/listener for privacy information.
7/24/202333 minutes, 21 seconds
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37% expats wish to retire in the UAE, but can you afford it?

We speak to National Bonds about their survey which found more than a third of us want to retire here in the UAE. Insurance broker Stephen MacLaren of Seven Insurance Brokers share where are we in terms of affordable coverage for retirees. Dr. Neil Nijhawan of Burjeel Holdings explain what does this mean to your healthcare costs. And we look at the retirement visa take up with Fragomen.See omnystudio.com/listener for privacy information.
7/20/202331 minutes, 32 seconds
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Around a third of UAE expats want to retire in the emirates

That's according to a new survey from National Bonds, which found only 8% want to return home. So we asked how much do you think you need to retire comfortably in the UAE? Plus, venture capital funding for Middle East tech start-ups took a big hit this year, down 42% to $1 billion so far. We speak to the research firm behind the report, Philip Bahoshy of Magnitt. And, catch-ups with covid era companies - wedding planners that pivoted twice - and are still going strong.See omnystudio.com/listener for privacy information.
7/19/202332 minutes, 8 seconds
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Are people cancelling their Europe holidays because of the heatwave?

We asked the Head of Product Development at DW Travel, Emily Jenkins. Plus, we look at what so significant about India and UAE to use dirhams and rupees for trade with Dr. Suyash Bhatt of AFTI Dubai. And discuss what weaker than expected GDP numbers out of China mean for the rest of the world with Weisi Xie of Economist Intelligence Unit.See omnystudio.com/listener for privacy information.
7/18/202329 minutes, 3 seconds
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The UAE and India agree to use dirhams and rupees for trade

It was signed in Abu Dhabi, where UAE President Sheikh Mohammed met Indian Prime Minister Narendra Modi. We speak to Rudolph Lohmeyer of Kearney Middle East to find out what does high-profile head-of-state visits say about the UAE’s place on the world-stage. Plus, what does Dubai's growing population mean for its short term let sector? We speak to Louis Bowers of AirDXB Group about their Q2 numbers. And, Shopify cracks down on meetings – even a small one costs $1,000 in wasted time. We get the thoughts of Amanda White, occupational psychology at Talogy Middle East. See omnystudio.com/listener for privacy information.
7/17/202333 minutes, 53 seconds
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Indian Prime Minister Narendra Modi visits Abu Dhabi

We look ahead to Indian Prime Minister Narendra Modi visit to the UAE with President Sheikh Mohammed in Abu Dhabi tomorrow, to discuss economics and energy ties with Shalini Mittal, Principal Economist at Economist Intelligence Unit. Plus, as China announces AI legislation - and Elon throws his hat into the AI ring - we speak to one lawyer about the tricky business of regulating AI. And, new interview series kicking off today! We're checking in with businesses that launched in covid to see who has made it through, starting with Daniel Wanies, Co-Founder, CarniStore.See omnystudio.com/listener for privacy information.
7/14/202328 minutes, 38 seconds
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Emirates's new charter jet service.

13 July 2023. Emirates has launched an on demand, private charter service for passengers for short flights within the region. Khalid Bel Jaflah of Emirates Airline told us how it would work. Plus, The PIF has reported a loss of nearly 11 billion dollars for 2022 - we'll look at how sovereign fund strategy is evolving with Faheem Aziz of Safa Capital. And, we look at those US inflation numbers and what this would mean for interest rates in America and in turn, the UAE. See omnystudio.com/listener for privacy information.
7/13/202333 minutes, 31 seconds
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Emiratisation expansion applies to small companies.

12 July 2023. New rules in the UAE mean companies with 20-39 employees must hire at least 1 Emirati by the end of 2024. We spoke to David Mackenzie of Mackenzie Jones to find out what this means for recruitment. Plus, Alan Williamson, the CEO of Taaleem joined us to discuss their latest earnings. And we speak to Dubai startup Revibe who has raised $2.3 million in seed funding.See omnystudio.com/listener for privacy information.
7/12/202329 minutes, 52 seconds
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Dubai PMI strongest since August last year.

11 July 2023. Daniel Richards of Emirates NBD joined us to discuss the readings. Plus, India is poised to become the world’s second largest economy by 2075 - we get details of how the country will achieve this with Prof. Rudra Sensarma of IIM Kozhikode. And, Dubai has ranked in the top 10 most searched destinations for long-haul travel this summer. Olivier Ponti, Vice President Insights, ForwardKeys - the people behind the survey tells us more. See omnystudio.com/listener for privacy information.
7/11/202327 minutes, 51 seconds
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We speak to the CEO of Saudi's newest airline.

10 Jul 2023. Tony Douglas, formerly of Etihad, joined us live from the Kingdom to talk about the new airline he's taken charge of - Riyadh Air. Plus, we discuss the latest employment report by Cooper Fitch that showed a slowdown in the UAE market but a surge in Saudi Arabia. And, we discussed the price of gold with Chandu Siroya of Siroya Jewellers.See omnystudio.com/listener for privacy information.
7/10/202339 minutes, 44 seconds
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Emiratisation deadline today!

07 Jul 2023. Private companies in the UAE have to fulfil the latest Emiratisation target today - so we got a legal perspective from Lisa Merod of Clyde & Co. about the rules around the hiring & the recruiting perspective from Talib Hashim, Managing Director of TBH Advisory. And we talk to IATA about the continued demand for seats in planes. Kashif Khalid is the regional director for MEA. See omnystudio.com/listener for privacy information.
7/7/202332 minutes, 44 seconds
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Foreign direct investment into the UAE rose to a record 84 billion dirhams in 2022.

06 Jul 2023. We asked Khatija Haque, Chief Economist, Emirates NBD why the UAE is so attractive to investors. Plus, we cross to Oman to speak to Andrew Spearman of Six Senses Zighy Bay as business booms in our near neighbour. And, Roberto Firmino is the latest football legend to move to Saudi Arabia. We speak to Steve Bainbridge of Greenberg Traurig about the lucrative Saudi football league.  See omnystudio.com/listener for privacy information.
7/6/202330 minutes, 42 seconds
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1500 new companies set up in Ras Al Khaimah.

05 Jul 2023. RAKEZ's new Q2 figures from 2023 shows 132% increase compared to the same period in 2022. We speak to their CEO Ramy Jallad. Plus, Emirati homeowners will see their burdens eased by a new ruling from the UAE Central Bank to limit the impact of interest rates. We get details from Zhann Johinke of Property Monitor. And, as the 8th OPEC International Seminar gets underway in Vienna, we speak to oil analyst Amena Bakr of Energy Intelligence Group about what we can expect from the talks. See omnystudio.com/listener for privacy information.
7/5/202330 minutes, 1 second
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4th July in the US - a booming stock market but lackluster economy.

04 Jul 2023. What do these numbers mean for the USA? We ask Justin Dargin of Carnegie Endowment in Washington DC and Professor Adam Ramey of New York University in Abu Dhabi. Plus, as Saudi Arabia has prolonged its oil production cuts, we ask Sean Evers what this means for prices. And, as Teslas posted record delivery numbers, we spoke to Craig Stevens of Dubicars.com about the boom internationally but when will we see it in the UAE. See omnystudio.com/listener for privacy information.
7/4/202329 minutes, 13 seconds
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Tesla reports a record quarter, while Apple hits $3 trillion.

03 Jul 2023. Monte Safieddine, Analyst at IG told us what he makes of Apple's stellar numbers. Plus, we crossed to Pakistan for the latest on that economic lifeline from the IMF. And, we find out why the founder of ChatGPT is being sued.    See omnystudio.com/listener for privacy information.
7/3/202330 minutes, 3 seconds
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The Business Breakfast Book Club.

26 Jun 2023. We've been asking Dubai's business leaders what they will be reading this summer. Plus, we hear from the Literary Editor of FT - Frederik Studemann about how they pick books for their book club. And Stephen King, Senior Economic Advisor, HSBC joined us to discuss inflation, what's on his reading list, and whether he will write a song on inflation. See omnystudio.com/listener for privacy information.
6/26/202335 minutes, 25 seconds
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Vienna tops the list of the world's most livable cities.

23 Jun 2023. We speak to Barshali Bhattacharya of Economic Intelligence, the author of the report, to find out why Dubai is not in the top 10. Plus, we crossed to Washington to speak to Dr. Sara Vakhshouri, Founder & President, SVB Energy International as Indian Prime Minister Narendra Modi continues his state visit. And, as the UAE Central Bank lowered its GDP growth forecast for this year - we ask Daniel Richards of Emirates NBD what this means for us. See omnystudio.com/listener for privacy information.
6/23/202326 minutes, 58 seconds
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How expensive is living in Dubai?

22 Jun 2023. We answer your questions on the rising cost of living – globally and here in the UAE – with a range of experts, including economist Ed Bell of Emirates NBD, Group MD of Betterhomes Richard Waind, and the guys behind one of the world's largest cost of living reports - Mercer. Plus, we talk the commodity market with Ole Hansen, Head of Commodity Strategy, Saxo Bank.See omnystudio.com/listener for privacy information.
6/22/202328 minutes, 32 seconds
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Do we live in an expensive country?

21 Jun 2023. A report from Julius Baer has ranked Dubai as the 7th most expensive city in the world for luxury living but what does it mean for regular cost of living? This sparked a huge debate and divided our studio's opinions. Plus, we look at the state of the remittance market after a decline in 2022 with Delma Exchange. And, we speak to the boss of Emirates Development Bank, after it allocated Dhs100 million to ‘food tech’ start-ups in the UAE.See omnystudio.com/listener for privacy information.
6/21/202331 minutes, 26 seconds
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How has our spending pattern changed?

20 Jun 2023. YouGov's latest cost of living survey says 44% of us in the UAE have noticed a decrease in our disposable income - Zafar Shah explains. Plus, we have a special focus on Dubai's Financial Market - we speak to the CEO of DIFC's Innovative Hub - Mohammed Al Blooshi & Patrick Meaney of DFSA. See omnystudio.com/listener for privacy information.
6/20/202326 minutes, 36 seconds
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Are we travelling for Eid holidays?

19 Jun 2023. Mamoun Hmedan of Wego joined us to explain the increase in Eid holiday bookings and just how much we are paying for it. Plus, we crossed live to China to speak to EIU's Weisi Xie, as US Secretary of State Anthony Blinken visited Beijing. And, recruitment on Wall St is at its lowest since the Financial Crisis. Is that the UAE's gain? We speak to headhunter Andrew Croft.See omnystudio.com/listener for privacy information.
6/19/202328 minutes, 42 seconds
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The European Central Bank (ECB) raises interest rates to the highest in 2 decades

Economist Khatija Haque explained the ECB decision and statement. Plus, finance chief of Commercial Bank of Dubai, Darren Clarke, told us why they’ve raised half a billion dollars though a so-called ‘green bond’. And  we looked at why the ICAEW has lowered its growth forecast for the Gulf with their economic advisor Scott Livermore.See omnystudio.com/listener for privacy information.
6/16/202330 minutes, 56 seconds
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The Fed has kept interest rates unchanged at around 5%

The UAE Central Bank confirmed it would do the same. We cross live to Professor Vladimir Dashkeev at Seattle University for reaction. Plus, we speak to the real estate firm selling Dubai's most expensive house - for a cool 750 million dirhams. And a chat with Redington, the technology solution provider, who have just crossed the $10 billion threshold. See omnystudio.com/listener for privacy information.
6/15/202332 minutes, 41 seconds
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UAE to attract 4,500 millionaires this year

That's according to a report by Henley & Partners. We speak to Philippe Amarante, Managing Partner and Head at Henley & Partners Middle East DMCC to find out who are these people and what they are looking for. Plus, we speak to Group CEO Adel Abdullah Al Ali about  Air Arabia's' plan to double its fleet capacity this year. And, the team from Gallup discuss their latest State of the Global Workplace 2023 report: reveals that workplaces in the UAE remain the most highly engaged in the MENA region with 27% of UAE employees engaged and thriving at work.See omnystudio.com/listener for privacy information.
6/14/202336 minutes
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What’s more important when you pick your next job? CASH or CULTURE?

It's our big “cash vs culture” debate. What’s more important when you pick your next job? Range of experts weigh on these including recruitment experts Nathalie Spree of True Search and David McKenzie of Mackenzie Jones. Plus, what to expect from today's US inflation report with economist, Khatija Haque.See omnystudio.com/listener for privacy information.
6/13/202329 minutes, 42 seconds
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Dubai property prices rise at one of the fastest rates on record

The Dubai property market saw a 2.51% price growth in May, according to Property Monitor. We ask report author Zhann Johincke if what goes up must come down. Meanwhile a new report from Allsopp and Allsopp argues that we're seeing this year is consistent, sustained growth. We speak to the boss Lewis Allsopp. And, Dubai ranks first globally in attracting FDI projects in cultural and creative industries in 2022. We speak to Neel Shukla, Senior Art Consultant at Four Seasons Ramesh Gallery.See omnystudio.com/listener for privacy information.
6/12/202329 minutes, 38 seconds
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7 in 10 UAE employees are active job seekers

That's according to a new survey from Michael Page UAE. We spoke to Luke Tapp, Partner, Pinsent Masons and get his take. Plus, Google is the latest tech company to try and pursuade employees to turn up. Workplace specialist Oliver Baxter explained whether the office has changed forever. And producer Shruthi Rajendran joined us live from South Korea about the return of tourism after the mask mandate was dropped recently.See omnystudio.com/listener for privacy information.
6/9/202330 minutes, 28 seconds
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It's Dolphin-nomics! Live Broadcast at SeaWorld Yas Island, Abu Dhabi

We talk theme-park-nomics with the man who runs them all on Yas Island, Mohamed Abdalla Al Zaabi of Miral. Plus, we look at what SeaWorld might add to the Abu Dhabi economy with Nicola Gleeson of New York University. And as travel demand continues to soar, we'll look at how busy Etihad expects to be this summer with Fatma Al Mheiri, VP UAE Sales, Etihad Airways.See omnystudio.com/listener for privacy information.
6/8/202333 minutes, 53 seconds
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Saudi Arabia’s LIV Golf signs agrees a landmark merger with the DP World Tour and America’s PGA

We cross live to our very own golf correspondent, Tom Urquhart live in KSA to get all the details. Plus, Careem has been making headlines with its 'dirhams for delay's campaign. We ask their global head of food Alex Golden if he has any regrets. And as Dubai Chambers register 15,000 new members this year, we speak to President and CEO, Mohammad Ali Rashed Lootah.See omnystudio.com/listener for privacy information.
6/7/202330 minutes, 19 seconds
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Dubai jumps up Mercer's cost of living index to 18th place in 2023

Both Dubai and Abu Dhabi have jumped up Mercer's annual cost of living index, which measures the most expensive cities in the world for expats. Vladimir Vrzhovski, Financial Services and Technology Industries Lead at Mercer Middle East joined us live. Plus, National Bonds raises its stake in Dubai school operator Taaleem to 22%. We find out more with Taaleem CEO Alan Williamson. And we looked at the increased investment into sports in KSA which is hoped to pay dividends with Chris Brown, Co-Founder, Number Ten + Managing Director, CBF Performance-Education-Management.See omnystudio.com/listener for privacy information.
6/6/202333 minutes, 11 seconds
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OPEC+ announces surprise oil output cuts

Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day. We crossed live to Vienna to speak to OPEC correspondent Amena Baker. Plus, how much is your summer travel costing vs 2019? We' look at the continued recovery in air passenger traffic with regional IATA boss Kashif Khalid and travel agent Emily Jenkins on the soaring cost of summer flights. See omnystudio.com/listener for privacy information.
6/5/202329 minutes, 5 seconds
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How will Corporate tax help UAE's revenue base?

02 Jun 2023. As Corporate Tax officially launched in the UAE yesterday, we asked Monica Malik, Chief Economist, ADCB what this will mean for the country's economy. Plus, we look at what might come out of this weekend's OPEC+ meeting with energy expert Matt Stanley. And, as shares of ADNOC Logistics climb 55% on their stock market debut, we speak to their CFO Nicholas Gleeson. See omnystudio.com/listener for privacy information.
6/2/202326 minutes, 52 seconds
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Corporate tax in the UAE begins today

It’s June 1st – UAE corporate tax begins TODAY, with exemptions for some businesses and organisations. Basel Arafe is the Corporate Tax Partner at Deloitte UAE joins us live. Plus, a focus on all things aviation as Air New Zealand’s survey will weigh people before boarding with Vinamra Longani, Head of Operations at Sarin & Co. We talk tech with H.E. Omar Al Suwaidi, from the Ministry Of Industry & Advanced Technology. And, we find out what corporate tax effects on your property market, with Espace Real Estate.See omnystudio.com/listener for privacy information.
6/1/202344 minutes, 48 seconds
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Do people still read and buy newspaper?

31 May 2023. Gulf News and Khaleej Times newspaper in the UAE has decided to stop printing the physical newspaper on weekends. Anshuman Joshi, Director Sales & Publishing at Gulf News & Al Nisr Publishing talk us through the business case behind the decision. Plus, ratings agency S&P has affirmed its AA rating on the Abu Dhabi economy – one of the highest in the world, economist Trevor Cullinan of S&P outlined the main findings. And,  latest report that Dubai is now home to hundreds of Russian startups and investors. We speak to the author from Wamda, Triska Hamid.See omnystudio.com/listener for privacy information.
5/31/202333 minutes, 12 seconds
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Is the Dubai restaurant industry oversaturated?

30 May 2023. Chef and restaurateur Jason Atherton joined us to talk about the restaurant industry. Plus, we talk about the economics of video games, as new research says it will double to $6 billion by 2027 with Klaus Kajetski of Yalla Esports. And, Knight Frank has been looking at the future of Dubai's luxury real estate market - and its all about parks. We speak to head of Middle East research Faisal Durrani.See omnystudio.com/listener for privacy information.
5/30/202335 minutes, 3 seconds
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The US reaches a deal to raise the debt ceiling.

29 May 2023. We look at what we know about the deal (very little) & what that means for our region with Daniel Richards of Emirates NBD. Plus, as Dubai pledges to make public transport net-zero by 2050, we speak to transport expert Vitali Bielski of Frost & Sullivan.  And, Souqalmal founder Ambareen Musa has a new financial offering - and this one aims to bring financial literacy to the workplace.  See omnystudio.com/listener for privacy information.
5/29/202342 minutes, 14 seconds
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AED 750 million mansion in Dubai.

26 May 2023. Dubai Developer BinGhatti's Muhammed BinGhatti joined us in studio to discuss their collaboration with luxury car brand Bugatti to build the new ultra-luxury Bugatti residences. Plus, Beachonomics! We'll look at at what plans to increase Dubai's beachfrontage by 400% mean for the economy. And, energy economist Robin Mills of Qamar Energy spoke to us about clean energy investments and that blockbuster ADNOC Logistics IPO.See omnystudio.com/listener for privacy information.
5/26/202338 minutes, 26 seconds
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Are we ready to replace USD?

25 May 2023. Kristalina Giorgieva says no! The IMF boss defended the US currency, telling an event in Doha: “Don’t kiss your dollars goodbye yet!” We get detailed analysis on these comments from Ed Bell of Emirates NBD. Plus, is the UAE ready for EVs? We ask Thomas Ingenlath, CEO of Polestar. And, we look at the UAE property market with Abdullah Alajaji, Founder, Driven Properties.See omnystudio.com/listener for privacy information.
5/25/202330 minutes, 39 seconds
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Expo City Dubai to have over 3000 people.

24 May 2023. As new companies begin to move into their offices at the Expo City Dubai site, 3000 employees will be working by September. Plus will AI replace investment advisors? We ask Investment Strategist Henk Potts from Barclays Bank. Multi-billion dollar company Checkout.com is the first fintech to be granted a Retail Payment Services licence from the Central Bank of the UAE. Why is that important? We’ll find out.See omnystudio.com/listener for privacy information.
5/24/202333 minutes, 43 seconds
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How much should we tip?

23 May 2023. What is the right amount to tip servers and delivery drivers? We asked restaurateur Andre Gerschel about the tipping culture in the UAE. Plus, Elon Musk has dropped the prices for Teslas again the US. Does the man have a plan? We ask Craig Stevens, the CEO of Dubicars.com. And, we crossed to Cannes where Tom Urquhart is our man on the red carpet at the Film Festival. See omnystudio.com/listener for privacy information.
5/23/202333 minutes, 13 seconds
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The G7 concludes with pledges to strengthen global supply chains.

22 May 2023. We hear from Emirates NBD's Ed Bell about the key takeaways from the G7 countries meeting which included India and Ukraine. Plus, we talk hydrogen with French energy firm Engie – they have a $5 billion deal with Masdar here in the UAE. Stephan Cobert, Senior Vice President of Hydrogen for Asia, Middle East and Africa, Engie joined us to explain the importance of hydrogen. And, Dubai's done well financially out of hosting the region's leading art fair, but what's the knock-on effect of Art Dubai? We'll ask their Executive Director, Benedetta Ghione.See omnystudio.com/listener for privacy information.
5/22/202331 minutes, 25 seconds
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G7 meeting gets underway today

As we wrap up our final broadcast from ICD Brookfield Place - we look at how Japanese stocks have hit their highest level since 1990, as G7 leaders meet in Hiroshima today. Rodrigo González is a Tokyo based economist with the Economist Intelligence Unit and he explained what this meeting means for Japan and the world. Plus, we speak to one of ICD Brookfield Place's newest tenants: White & Case, one of the world’s Top 10 law firms. We asked Debashis Dey why they decided to set up an office here. And, we speak to JLL about ESG goals as more companies set up in the UAE. See omnystudio.com/listener for privacy information.
5/19/202331 minutes, 54 seconds
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World Bank says UAE GDP to grow 2.8% this year

Dr. Chris Payne, Chief Economist of Peninsula Real Estate explained what he made of these numbers - is that too low a prediction? Plus, we hear from John Lyons of Espace Real Estate to ask if there's been a slowdown in the property market. And, we hear from Sharif El Bedawi- the ex-Silicon Valley investors who’s bringing the V-C spirit to Dubai.See omnystudio.com/listener for privacy information.
5/18/202337 minutes, 32 seconds
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UAE tourism is close to being back to 2019 level

The World Travel and Tourism Council says travel and tourism spend in the UAE should come just 1 and a half per cent below pre-pandemic highs. We speak to Julia Simpson, President and CEO of WTTC. Plus, we talk baggage handling and trust in ensuring your bags arrive at your destination with Nicole Hogg, Product Management Director, Baggage, SITA. And, We speak to Knight Frank's head of regional research, Faisal Durrani and ask him how much longer does this property boom have to run?See omnystudio.com/listener for privacy information.
5/17/202338 minutes, 6 seconds
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Is the Fed to blame for SVB's collapse ?

The boss of SVB has criticised the Federal Reserve, saying the Fed's messaging on interest rates and inflation being transitory sent out wrong ideas. We ask Gary Dugan of Dalma Capital, what he makes of this. Plus, Corporate tax registration is open - we find out how to do it properly with tax expert Shiv Mahalingham. And, 80% recruiters say they prefer hiring people with a gaming background. Abdulrahman Al Hazimi, Partner Manager at YouTube, who carried out the survey joined us to explain the results. See omnystudio.com/listener for privacy information.
5/16/202331 minutes
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Are we working too hard?

UAE employees work harder than almost any other in the world according to a new survey. But is that a good thing, we ask workplace culture expert Lucy D'Abo of Together. Plus, as it is the final day for UAE companies to report their earnings, we ask Faheem Aziz of Safa Capital what we're seeing in the market. And, we speak to Dubai's latest food delivery about why we need a new one - and why they're different - Abdullah Al Mutawa is the Founder & CEO of Get CariSee omnystudio.com/listener for privacy information.
5/15/202330 minutes, 25 seconds
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Earning season with Emirates, ADNOC, and Al Ansari.

12 May 2023. As earning season continues we look at Emirates results with lawyer Nick Humphrey. Plus, we look at the Q1 numbers of ADNOC Gas with Peter Van Driel & Al Ansari Financial Services with Rashed Al Ansari. And, we discuss the most unlikely person to become the next CEO of Twitter, after Elon Musk announced he's leaving the post. See omnystudio.com/listener for privacy information.
5/12/202335 minutes, 52 seconds
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Emirates has created $200 million aviation sustainability fund.

11 May 2023. With this bit of breaking news this morning, we spoke to aviation expert Vinamra Longani of Sarin & Co. to find out what this move means for sustainability in the aviation sector. Plus, we discuss the newest listing by ADNOC - 15% of its logistics and services unit - with the CFO Nicholas Gleeson. And, we speak to the boss of Agthia - Alan Smith about their Q1 figures & what this proxy data tells us about the population of the UAE. See omnystudio.com/listener for privacy information.
5/11/202335 minutes, 25 seconds
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ADNOC announces its latest IPO.

10 May 2023. ADNOC will list 15% of its logistics and services unit - and we asked Matt Stanley of Kpler what this means for the company. Plus, we talk trust in UAE companies on the back of an international report with H.E Tariq Bin Hendi, Middle East Chairman, Edelman. And, we ask for your suggestions of the UAE equivalent of 'leave some butter on your bread' when it comes to IPO listings. See omnystudio.com/listener for privacy information.
5/10/202332 minutes, 47 seconds
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Dubai Airports has reached almost 96% of pre-pandemic passengers.

09 May 2023. CEO Paul Griffiths joined us to discuss the incredible growth & how they've revised their forecast. Plus, our special focus on generative AI -first with Jasim Al Awadi of Du & Nancy W Gleason of NYU Abu Dhabi. And, we talk Azizi Development's expansion into the luxury hospitality sector with Michael Zager. See omnystudio.com/listener for privacy information.
5/9/202340 minutes, 36 seconds
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Is WFH hazardous for your career?

08 May 2023. The CEO of IBM has said that work from home could ruin employees' promotion opportunities. We hear from a number of HR experts - Oliver Baxter of Workplace Maven & Suzanne Gandy of Bayut & Dubizzle. Plus, as the Saudi economic growth slowed to 3.9% in Q1, we asked Khatija Haque of Emirates NBD to put those numbers into context for us. And, we discussed a new way to pay rents in the UAE with Walid Shihabi of Keyper. See omnystudio.com/listener for privacy information.
5/8/202333 minutes, 18 seconds
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What you need to know about the UAE unemployment insurance for freezone employees

We take legal advice on those changes to the mandatory unemployment scheme with Lisa Merod of Clyde and Co. Plus, coronationomics! We speak to Dubai resident who has already been honoured by the new King. And, looking at earnest season Shell reports stronger than expected profits with energy expert Amena Bakr.See omnystudio.com/listener for privacy information.
5/5/202326 minutes, 39 seconds
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The Fed raised interest rates by 25 percent basis points

And The UAE Central Bank immediately followed suit, raising the base rate by 25 basis points. We get the reaction on what it means for us here and in our mortgages, from economist Daniel Richards & Gil Van Gelder, Sales Director, Espace Real Estate. Plus, we look at what the region's CEOs are thinking and feeling - and how much they're getting paid with Jack Khabbaz of Cooper Fitch.See omnystudio.com/listener for privacy information.
5/4/202332 minutes, 12 seconds
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April PMI shows strong growth in private sector hiring

The UAE private sector saw its sharpest rise in new business in a year and a half last month, that's according to new PMI data. Economist Daniel Richards gave his reaction. Plus, Brandy Scott is down at ATM 2023 and speak to Emirates Airline President Tim Clark saying financial results are “exceptionally good this year”. And, its earning season - oil and gas giant BP has reported strong profits for the beginning of the year as energy prices remain high. We get the thoughts of energy expert Sean Evers. See omnystudio.com/listener for privacy information.
5/3/202329 minutes, 34 seconds
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How long revenge tourism can last?

Day 2 of ATM 2023 is well underway - we look at how long revenge tourism can last with the COO of Hotelbeds, Carlos Munoz. Plus, we speak to the new CEO of Jumeirah Group Katerina Giannouka to talk us through the five-year plan to strategically align the Jumeirah business and how the business is doing currently. And, we talk sustainable travel with Brian Moran, VP Global Sustainability Policy & Partnerships at Boeing.See omnystudio.com/listener for privacy information.
5/2/202330 minutes, 55 seconds
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Arabian Travel Market (ATM) Kicks off Today!

It's day 1 and we've got Emirates Airline CCO Adnan Al Kazim in studio to explain how the tourism industry is in terms of recovery. Plus, focus on the Saudi tourism market with Muzzammil Ahussain, CEO, Almosafer. And the economist's view of what rising petrol prices mean for our cost of living with Daniel Richards of Emirates NBD. We also find out how the rise echoes what's happening in energy markets with oil expert Matt Stanley.See omnystudio.com/listener for privacy information.
5/1/202332 minutes, 36 seconds
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Are there more restaurants than mouths to feed in Dubai?

28 April 2023. As the Dubai Food Festival wraps up its first week, we took a look at the restaurant industry. We spoke to George Kunnappally, Managing Director, Nando’s & Spero Panagakis, co-founder of BB Social. Plus, as ENBD and FAB reported their earnings, we spoke to Gary Dugan of Dalma Capital about the performances of banks in the UAE.See omnystudio.com/listener for privacy information.
4/28/202331 minutes, 37 seconds
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The Business Breakfast storage special

27 April 2023. As more of us are moving house, we look at what's happening to storage rates with The Box Self Storage and if warehouse storage is feeling the pressure with Knight Frank. Plus, we talk short term rentals with Calum White of White & Co.See omnystudio.com/listener for privacy information.
4/27/202331 minutes, 49 seconds
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UAE job creation up 4% in Q1

26 April 2023. We look at those UAE hiring numbers with Cooper Fitch CEO Trevor Murphy. Plus, everyone seems to be moving and the population is booming we ask Easytruck what their numbers are telling them. And, we speak to author Patrick Kane about becoming bionic - and his new book, Human 2.0.See omnystudio.com/listener for privacy information.
4/26/202329 minutes, 51 seconds
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UAE’s most expensive land plot sells for AED 125mil

25 April 2023. Knight Frank sets new record for most expensive plot sale value with AED 125 million Deal on Jumeirah Bay Island. Who's involve and how the deal come together? We asked Andrew Cummings, Partner and Head of Prime Residential at Knight Frank.See omnystudio.com/listener for privacy information.
4/25/202336 minutes, 17 seconds
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Bullying at workplace in the UAE

24 April 2023. U.K. Deputy Prime Minister Dominic Raab resigned last Friday over bullying, we discuss bullying at workplace with professor Amanda Nimon-Peters of Hult Business School. Plus, the UAE Ministry of Finance says certain organisations will be exempt from corporate tax. We find out what those new tax exemptions mean in practice with lawyer Shahram Safai of Afridi and Angell. And, did the annual Ramadan sales result in a spike in car sales? We find out with Sonny Bains, Managing Director, Expat Motors.See omnystudio.com/listener for privacy information.
4/24/202334 minutes, 13 seconds
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Eidonomics - from staycations to vacations.

19 April 2023 As we countdown to the Eid Al Fitr holidays, we look at where people are traveling for the break from the UAE with Mamoun Hmedan of Wego while how many are staying here and travelling within the Emirates with Philip Wooler of STR and the new releases out in cinemas this weekend with Murray Rea of Roxy Cinemas.See omnystudio.com/listener for privacy information.
4/19/202331 minutes, 53 seconds
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Strongest March for Dubai property sales.

18 April 2023. Last month was the strongest March on record for Dubai property sales - we spoke to Zhann Johincke of Property Monitor about those figures. Plus, as the defamation trial of Fox News begins over its coverage of the US election, media lawyer Fiona Robertson of OSN joined us to explain the story. And, duty free sales are up as travel spending is predicted to boom - we hear from Ramesh Cidambi of Dubai Duty Free & Rabia Yasmeen of Euromonitor. See omnystudio.com/listener for privacy information.
4/18/202329 minutes, 29 seconds
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KPMG fined over the collapse of Abraaj.

17 April 2023. A Dubai court has fined KPMG AED 800 million over the collapse of Abraaj. KPMG have said they will appeal the decision. We asked Raza Mithani, Managing Partner, Conselis Law about what happens next in this ongoing saga. Plus, we look at the four economic zones to be set up in Saudi Arabia & find out what it means for companies looking to do business in Saudi, and what it could mean for the Saudi economy. And, we talk insurance trends during Ramadan and Eid with Caroline Bertrand, Chief HR and Marketing Officer, GIG Gulf.See omnystudio.com/listener for privacy information.
4/17/202331 minutes, 32 seconds
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Regional Ramadan spend up nearly a third.

14 April 2023. We speak to Fahed Ghanim, CEO, Majid Al Futtaim Lifestyle about their latest research on spending during the Holy Month. Plus, as the IMF spring meetings in Washington draw to a close, we get the inside story from someone with a front row seat: Professor Afshin Molavi, of Johns Hopkins University in D.C. And we discuss the world of entertainment with the UK's best paid TV presenter, Jack Whitehall, ahead of his live gig in Dubai this weekend.See omnystudio.com/listener for privacy information.
4/14/202330 minutes, 56 seconds
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US inflation falls to its lowest in 2 years.

13 April 2023. We get reaction to that US inflation data from economist Preston Caldwell in Chicago. Plus Tony Graham in Minneapolis told us about the reaction in the US & Jeanne Walters of Emirates NBD - to find out what it means for rates and currencies here in the UAE? And, as Dubai's newest mall is set to be built next to the Expo 2020 Dubai site, we look at the business case for the mall with Ben Bargh of CRC Properties.  See omnystudio.com/listener for privacy information.
4/13/202328 minutes, 46 seconds
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School fee rises in Abu Dhabi.

12 April 2023. Private schools in Abu Dhabi will be allowed to increase fees from the next academic year. So we asked Shaun Robison, CEO, BBD Education how these funds will help the education institutes. Plus, we're looking at the other half of the Careem super app deal, the company that paid $400 million for half of it. Hatem Dowidar is the group CEO of e&. And, the IMF has revised the UAE (and the global) growth forecast - so we asked Jeanne Walters of Emirates NBD - how they're reading this report. See omnystudio.com/listener for privacy information.
4/12/202331 minutes, 38 seconds
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E&'s $400 million investment in Careem's superapp.

11 April 2023. We're looking in-depth at the local investment story making headlines around the world, including Careem CEO Mudassir Sheikha live in the studio, talking about that billion-dirham deal with Etisalat and Uber. Plus, as the UAE prepares for Corporate Tax, we speak to Ton van Doremalen, Tax Partner, DLA Piper Middle East LLP & Chairman of the UAE Chapter of the International Fiscal Association about the upcoming changes. And, the World Bank has revised the growth forecast - we get details from Jeanne Walters of Emirates NBD. See omnystudio.com/listener for privacy information.
4/11/202337 minutes, 31 seconds
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More companies in RAK's Economic Zone.

10 April 2023. RAK Economic Zone saw the number of new companies signing up more than double in Q1. Ramy Jallad joined us to explain what's driving up the numbers. Plus, as the UAE Minister of State for Finance Mohamed Al Hussaini heads to Washington for the IMF Spring Meeting, we ask Masood Ahmed about the UAE's role in the meeting. And, we discuss more flights between UAE and Canada with John Gradek of McGill University.See omnystudio.com/listener for privacy information.
4/10/202332 minutes, 40 seconds