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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 Jun 26, 2019
The UAE golden visa rundown
Wednesday Jun 26, 2019
Wednesday Jun 26, 2019
Thousands of foreign investors and residents have been identified for a "golden card" permanent residency scheme, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai announced in May.
Top business leaders from across the Emirates said the move will give investors greater confidence to settle in the country. They also believe it will create greater demand for buying property, boosting a sluggish property market in Dubai and Abu Dhabi.
On Tuesday the General Directorate of Residency and Foreigners Affairs announced that 400 individuals had received the golden card so far and that executives with a salary of Dh30,000 or more could apply for the visa.
On Tuesday the General Directorate of Residency and Foreigners Affairs announced that 400 individuals had received the golden card so far and that executives with a salary of Dh30,000 or more could apply for the visa.
Host Mustafa Alrawi, Assistant Editor in Chief, and Kelsey Warner, Assistant Business Editor, discuss the potential impact that the 'Golden Card' could bring.
Read more on our website:
Read more on our website:
Wednesday Jun 26, 2019
Ghadan 21 stimulus latest and five oil outcomes from Iran-US tensions
Wednesday Jun 26, 2019
Wednesday Jun 26, 2019
Mustafa Alrawi, Assistant Editor in Chief, hears from Rashed Al Bloushi, Under Secretary of the Department of Economic Development about what Ghadan 21 is all about on the day nine new initiatives were announced outlining R&D investment, electricity tariff discounts, business licensing for technology and state-backed bank loans for SMEs.
Kelsey Warner, Assistant Business Editor also joins the discussion about what the outlook for Abu Dhabi's economy will be going into 2020.
Also, amid regional tensions and the US-Iran stand-off, The National’s energy columnist Robin Mills – CEO of Qamar Energy, and author of The Myth of the Oil Crisis – has five possible outcomes for oil markets.
In this episode:
- Headlines (48 seconds)
- Rashed Al Bloushi on Ghadan 21 (4 minutes 20 seconds)
- Robin Mills on oil markets (21 minutes 28 seconds)
Read more on our website:
Read more on our website:
Ghadan 21: Abu Dhabi to boost business and ecotourism with major new reforms
FAB inks deal with Abu Dhabi Government to extend state-backed loans to SMEs
Ghadan 21: Abu Dhabi to slash energy bills for businesses
Boeing 777X: folding wing tips shown off as test plane makes runway debut
Wind to dominate renewables growth over the coming decade, Fitch says
UAE rolls out anti-money laundering platform developed by UN
How a conflict with Iran will play out for oil
Thursday Jun 20, 2019
ADNOC on fertile ground with OCI deal
Thursday Jun 20, 2019
Thursday Jun 20, 2019
Fertilisers play a critical role in ensuring the security of the global food supply. Overnight, the Abu Dhabi National Oil Company group has gone from the 12th-largest nitrogen-based fertiliser exporter in the world to the biggest, thanks to its tie up with Nassef Sawiris' OCI. The Abu Dhabi company will combine unit Adnoc Fertilisers with OCI’s regional nitrogen-based fertiliser platform, to create one of the largest exporters of the product globally. OCI has fertiliser production operations in Egypt and Algeria.
Host Mustafa Alrawi, Assistant Editor in Chief and Kelsey Warner, Assistant Business Editor, break down the significance of ADNOC's move. We also talk about Boeing's difficult week with Emirates in talks to renegotiate its 777X aircraft deal. There may also need to be a rebranding of the troubled 737 Max once it is fit to fly again.
And, The National’s Head of Features, Nyree McFarlane, recently visited Facebook’s Menlo Park headquarters to get the inside track on the social media company. Kelsey spoke to her about it.
In this episode:
- Headlines (48seconds)
- ADNOC and OCI fertiliser tie-up (2m3seconds)
- Boeing and Emirates (8m40seconds)
- Inside Facebook's campus (13m47seconds)
Read more on our website:
Thursday Jun 13, 2019
Amazon primed to shake up online shopping in UAE
Thursday Jun 13, 2019
Thursday Jun 13, 2019
Nearly Two years on from the acquisition of Souq.com, the US e-commerce company Amazon is front and centre in the UAE again with the launch of its paid subscription service, Prime.
Host Mustafa Alrawi, Assistant Editor in Chief, and Kelsey Warner, Assistant Business Editor, talk to Nada El Sawy, The National's Business Correspondent, about what this development means for consumers and retailers in the region.
Also there was the meeting in Japan of G20 countries' central bank governors this week where IMF head Christine Lagarde sounded down a warning about properly harnessing FinTech. US-China trade tensions dominated the mood however with the full G20 leaders meeting still to come and a face-off between Washington and Beijing. Opec and its allies have extended their co-operation on oil production curbs, shoring up prices. But for how much longer?
Read more on our website:
Read more on our website:
Thursday Jun 06, 2019
Apple's second bite at content and a robust economic picture for Abu Dhabi
Thursday Jun 06, 2019
Thursday Jun 06, 2019
Apple will break up iTunes into Apple Music, Apple Podcasts and Apple TV as it revamps how it delivers content.
Host Mustafa Alrawi, Assistant Editor and Chief, and Kelsey Warner, Assistant Business Editor, explain what the US company's changes could mean for its own future, as well as that of the media and technology landscape and not least, consumers.
Zahabia Gupta, Associate Director, Sovereign and International Public Finance Ratings at S&P Global Ratings is in the the studio to talk about the ratings agency's latest report on Abu Dhabi’s economic outlook which says that growth will will average 2.5 per cent over the next three years, before rising to 3 per cent off the back of increased government spending and higher oil production.
Zahabia runs through the potential risks to S&P's assessment for Abu Dhabi – both to the upside and downside.
In this episode:
In this episode:
- Top news headlines (44 seconds)
- We discuss Apple's big announcement about iTunes (2 minutes 27 seconds)
- S&P's Zahabia Gupta talks about Abu Dhabi's outlook (12 minutes)
Read more on our website:
• Abu Dhabi economy to grow by 2.5% till 2022
• Apple iTunes demise will usher in a trio of better apps
• Airlines to inspect Boeing 737s after US regulator says some jets may have defective parts
• Debt and aggressive credit card selling among top UAE consumer complaints, says Central Bank
• Oil continues slide as Opec pledges to do 'whatever it takes'
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