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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
Episodes
Wednesday Apr 24, 2019
Huawei and the promise of 5G
Wednesday Apr 24, 2019
Wednesday Apr 24, 2019
The promise of lightning-fast internet speeds and a hyper-connected world that will spawn a new era of automation and AI is at the heart of the promise of 5G technology. Huawei, the world’s largest telecoms equipment maker, is both building this bright future and being accused of facilitating the darker side of this technology.
The United States and allies such as the United Kingdom are determined to prevent Huawei from being part of the building of their respective 5G networks. They fear this will provide a gateway for Chinese security agencies to spy on them.
Huawei denies this is a legitimate concern and other nations in Europe, Asia and the Middle East – including the UAE – have given work to the firm. The company says its business outside of the US is not affected and is taking steps to seize other opportunities.
How much is this focus on Huawei part of the broader trade row? Are these concerns over Huawei about more than just politics? Should we fear Chinese technological hegemony anymore than we should worry about US dominance? Also, is the promise of 5G real enough that it won’t matter which country dominates the technology if all have access to it? And what does that mean for investors in this region?
In this week's episode of the Business Extra podcast, host Mustafa Alrawi, The National's Assistant Editor in Chief, explores these themes with Dr John Rutledge, Chief Investment Officer at global investment firm Safanad. Dr Rutledge has been an economic advisor to the Reagan and Bush administrations and is advising the current Trump White House on recent China trade negotiations.
Also in this episode, The National's Chris Nelson and Jennifer Gnana join to run through top news stories including the latest Abraaj arrest and the US decision not to renew sanctions waivers on Iranian oil imports for eight countries and what that means for energy markets and global economic growth.
Wednesday Apr 17, 2019
'Dr Doom' Nouriel Roubini upbeat on global outlook
Wednesday Apr 17, 2019
Wednesday Apr 17, 2019
Nouriel Roubini is the professor of economics at NYU’s Stern School of Business. He is also chief executive of Roubini Macro Associates, and he became famous after his prediction of the financial crisis, several years before it happened, turned out to be correct. For this, he has sometimes been referred to as "Dr Doom" in the media. He is also a very outspoken critic of Bitcoin – which he has called the mother of all scams.
Host Mustafa Alrawi, The National's Assistant Editor in Chief caught up with him on the sidelines of Mediaquest’s Top CEO forum in Bahrain and at least in terms of the global economy, he wasn’t making any gloomy forecasts. Bitcoin not so much …
Also, professor Roubini explains the link between rising intolerance of minorities and populism.
Thursday Apr 11, 2019
What to expect at this year's CityScape Abu Dhabi
Thursday Apr 11, 2019
Thursday Apr 11, 2019
CityScape Abu Dhabi, the UAE’s most prestigious property exhibition, takes place next week at the Abu Dhabi National Exhibition Centre. Running from Tuesday to Thursday, this year’s event comes at a time when the local and regional real estate market is on the up. The show draws home-based, regional and global developers, investors and real estate asset managers eager to market their latest projects and it serves as a snapshot of the property sector both here and internationally.
In this week’s Business Extra Podcast, host Chris Nelson is joined by The National’s Business Reporter Sarah Townsend to take a look ahead to CityScape Abu Dhabi. We also talk to Henry Bott, portfolio manager at Swire Properties, the Hong Kong-based developer behind the huge Taikoo Place commercial building complex located in the Island-city’s Quarry Bay area.
Wednesday Apr 03, 2019
The dietary, ethical and economic benefits of going meat-free
Wednesday Apr 03, 2019
Wednesday Apr 03, 2019
Agriculture is one of the primary drivers of climate change, estimated globally at making up 14 to 15 per cent of all greenhouse gas emissions, half of which is generated directly by livestock, says University of California, Berkley.
US science magazine Scientific American, meanwhile, says producing a half-pound hamburger patty the size of two decks of cards releases as much greenhouse gas into the atmosphere as driving a 1.3 tonne car nearly 15km.
But the tide is turning in favour of meat-free products for a variety of reasons.
In this episode of the Business Extra podcast, Chris Nelson talks to Jacek Plewa, general manager of Global Food Industries, part of the major UAE conglomerate Albatha Holding, about how the company is addressing this growing demand.