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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
Thursday May 30, 2019
Careem gets on its bike with Cyacle acquisition
Thursday May 30, 2019
Thursday May 30, 2019
Magnuss Olsson, Careem’s co-founder, sees that increasing bicycle availability and expanding bike routes will transform how people commute in the region.
Host Mustafa Alrawi, Assistant Editor in Chief, and Kelsey Warner, Assistant Business Editor, discuss the potential of such fresh solutions for transport’s ‘last-mile’ problem.
Also, Chris Nelson, Assistant Business Editor speaks to Andrea Petti, managing director of PTV Group, the traffic and logistics software company owned by Porsche. Mr Petti explains what he thinks will be the main factors behind the mainstream adoption of autonomous transport in the future.
- Top news of the week (36 seconds)
- Careem’s purchase of Cyacle (3 minutes 40s)
- Interview with PTV Group’s Andrea Petti (11m 30s)
Read more on our website:
- Careem acquires Abu Dhabi's Cyacle bike-share company
- Cryptocurrencies bounce back with Bitcoin rising to highest level in a year
- Lebanon 2019 budget is start of a long economic recovery process, Saad Hariri says
- Dubai Land Department and Mashreq bank sign e-mortgage deal
- London home sellers offer ever-growing discounts
Thursday May 23, 2019
Permanent UAE residency is a reality with the Golden Card
Thursday May 23, 2019
Thursday May 23, 2019
We then discuss the latest developments around Chinese telecoms equipment maker Huawei which is being targeted by Washington over concerns its 5G domination could open a back door for Beijing (8.50).
Also in this episode, Chris Nelson interviews Zeina Akkawi (14.45), a co-founder of The PlayPreneurs Club, which helps Emirati entrepreneurs access mentoring to build their businesses.
Thursday May 16, 2019
Why rent prices in Dubai have been falling
Thursday May 16, 2019
Thursday May 16, 2019
According to brokers, Dubai rental rates continued the downward trend experienced during 2018. Asteco noted “an increasing number of price-conscious tenants … irrespective of location, size or quality".
However, year-on-year rents are down in most categories not just luxury. What is driving the prices to fall? Hosts Mustafa Alrawi, Assistant Editor in Chief and Chris Nelson, Assistant Business Editor delve deeper.
In this episode:
- A round-up of the business news you need know from thenational.ae. (0.50)
- How rents have fared in the different areas of Dubai this year. (1.52)
- The latest on US-China trade war. (7.39)
- And we speak with Jennifer Gnana, The National’s energy correspondent about the upcoming Opec meeting in Saudi Arabia amid a week in which part of the Kingdom’s oil installations came under attack. (12.41)
Wednesday May 08, 2019
Abraaj: a cautionary tale
Wednesday May 08, 2019
Wednesday May 08, 2019
The National has been covering the Abraaj scandal from New York, London and Abu Dhabi as our editorial team brings you the key developments.
In this episode, host Mustafa Alrawi, Assistant Editor in Chief, talks to Massoud Derhally, The National’s Business Editor who himself has been producing some quite compelling investigative journalism into what happened at the failed private equity firm, founded by Arif Naqvi
He explains that in September 2017, about five months before Abraaj collapsed, two whistleblower emails warned investors not to invest in a $6 billion fund.
Also in this episode, Assistant Business Editor Kelsey Warner speaks to Mahmoud Adi, the head of Hub71. She hears about what he hopes for the new tech start-up centre in Abu Dhabi and what investors and entrepreneurs can expect from the space, and what he’s learned as a founder and VC himself in the UAE.
Read more about today's topics at thenational.ae:
Abraaj whistleblower emails warned investors ahead of scandal and collapse of firm
Abraaj founder Arif Naqvi remains in jail after not posting £15 million bail
Abu Dhabi starts Dh535m fund to support start-ups and venture capitalists
Abu Dhabi Government sets up tech hub luring SoftBank, Amazon and Microsoft
Thursday May 02, 2019
A hyper week for aviation and travel in Dubai
Thursday May 02, 2019
Thursday May 02, 2019
Host Mustafa Alrawi, Assistant Editor in Chief, talks about the latest news from Arabian Travel Market. Deena Kamel, our aviation correspondent, discusses Sheikh Ahmed bin Saeed of Emirates and FlyDubai offering some home truths for Boeing over the 737 Max which has been grounded following deadly crashes. Business correspondent Sarah Townsend shares how leading hotel operators including Jumeirah, Rotana and Hilton have an upbeat outlook.
Also Chris Nelson, Assistant Business Editor, speaks to CASS Business School’s Scott Moeller about mergers and acquisitions, what they mean for companies and shareholders, and the collapsed Deutsche Bank-Commerzbank merger negotiations.
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