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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 Jul 31, 2019
What the new UAE labour card means for families
Wednesday Jul 31, 2019
Wednesday Jul 31, 2019
The UAE government has made it easier for husbands, fathers and sons to secure employment without full company sponsorship. Previously, only women were eligible for work permits under family sponsorship.
This week we speak to Rory Reynolds, The National's News Editor, about the new work permit and what it means for workers and their families in the country.
In this episode:
This week we speak to Rory Reynolds, The National's News Editor, about the new work permit and what it means for workers and their families in the country.
In this episode:
- Headlines (0 minutes 53 seconds)
- The new labour card (6m 50s)
Read more on our website:
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Wednesday Jul 24, 2019
A convenient way to operate your oil tankers
Wednesday Jul 24, 2019
Wednesday Jul 24, 2019
Assistant Business Editors Chris Nelson and Kelsey Warner talk to Energy reporter Jennifer Gnana about why tanker operators choose to run ships under flags of convenience, following recent attacks and incidents involving such vessels in the Arabian Gulf.
Also discussed is how such incidents and wider trade tensions affect oil prices - or not - and they take a look at Saudi Arabia's blooming wind power sector, which alongside solar in the kingdom and elsewhere is set to transform the face of power generation in the Middle East.
In this episode:
In this episode:
- Headlines (0 minutes 29 seconds)
- Oil tankers flying flags (5m 37s)
- Saudi renewable energy (13m 59s)
Read more on our website:
• Oil prices rise following Iran's seizure of British-flagged tanker
• Oil prices rise following Iran's seizure of British-flagged tanker
Wednesday Jul 17, 2019
Facebook’s record fine divides opinion but is it a sign of things to come?
Wednesday Jul 17, 2019
Wednesday Jul 17, 2019
Mustafa Alrawi, Assistant Editor in Chief and Assistant Business Editors, Chris Nelson and Kelsey Warner, explore what the consequences could be for the global technology sector after US regulators endorsed a $5 billion (Dh18.3bn) privacy settlement with Facebook to resolve the Cambridge Analytica data scandal.
Also, they discuss the latest economic data out of China which indicates growth has slowed to the weakest pace since 1992 amid the ongoing trade standoff with America.
And what of investor confidence for frontier markets after the World Bank hit Pakistan, South Asia’s second largest economy, with $6 billion in damages for refusing to honour a mining lease to an international conglomerate.
In this episode:
- Headlines (0 minutes 40 seconds)
- Facebook (1m 30s)
- China's economy (17m 58s)
- Investors confidence in Pakistan (21m 48s)
Read more on our website:
• Facebook's record $5bn privacy settlement a 'tap' on the wrist as politicians cry foul
Read more on our website:
• Facebook's record $5bn privacy settlement a 'tap' on the wrist as politicians cry foul
Subscribe to Business Extra to receive new episodes every week:
Apple Podcasts | Android | Google Podcasts | Spotify | Audioboom | RSS
Wednesday Jul 10, 2019
Deutsche Bank's giant dose of medicine
Wednesday Jul 10, 2019
Wednesday Jul 10, 2019
Host Mustafa Alrawi, Assistant Editor in Chief and Chris Nelson, Assistant Business Editor, discuss Deutsche Bank's sweeping revamp.
This week the German bank announced it will shrink its trading activities by 40 per cent through an unprecedented withdrawal from equities. About 18,000 jobs, almost 20 per cent of the workforce, will go around the world, including in London. The overhaul is forecast to cost €7.4 billion (Dh30.45bn).
We break down India's budget and despite a lack of 'big bang' explain how it still puts the country on the path towards meeting its 2025 objective of doubling the size of its economy. Plus Sir Richard Branson's space tourism ambitions kick up a gear with IPO plans for Virgin Galactic.
We also speak to Alice Haine our personal finance editor about how to best manage your money during the summer holidays. We settle that age old debate about cash versus cards and which currency should you make credit card payments in - local or dirhams.
In this episode:
- Headlines (0 minutes 53 seconds)
- Deutsche Bank discussion (1m 45s)
- India's budget (8m 0s)
- Virgin Galactic (12m 19s)
- Summer money tips with Alice Haine (14m 15s)
Wednesday Jul 03, 2019
Wednesday Jul 03, 2019
Mustafa Alrawi, Assistant Editor in Chief talks exclusively to BR Shetty
the founder of NMC Healthcare, Finablr and Neopharma, as well as the Founder and Chairman of BRS Ventures.
In the second part of the interview, Mr Shetty recounts how he managed to buy the global foreign exchange business Travelex thanks to his belief in keeping good personal relationships. He is also backing Assam tea to become a worldwide brand now that he owns the oldest producer in India. He explains what he learnt at Harvard University, how sustainable philanthropy makes solid commercial sense and why he wants to make a film of the Mahabharat. Mr Shetty says that being given permanent residency in the UAE was one of the best moments of his life and that the Golden Card visa programme will give lots of other Indian expats lots of confidence in what success can mean here.
Read more on our website:
• Exclusive: NMC Health eyes profit increase in 2018, fuelled by $2bn warchest
• Exclusive: NMC Health eyes profit increase in 2018, fuelled by $2bn warchest
Wednesday Jul 03, 2019
Wednesday Jul 03, 2019
Mustafa Alrawi, Assistant Editor in Chief talks exclusively to BR Shetty
the founder of NMC Healthcare, Finablr and Neopharma, as well as the Founder and Chairman of BRS Ventures.
In the first part of the interview, Mr Shetty shares some anecdotes about building up a fledgling business in Abu Dhabi in the 1970s and 1980s including how one morning he had to get behind the wheel of an ambulance himself to get to the scene of a medical emergency. He recounts his memories of the Founding Father Sheikh Zayed. And he also explains how everyone told him not to build a pharmaceutical factory in Abu Dhabi but he proved them wrong. Mr Shetty says he is sure that joining the Bill and Melinda Gates Giving Pledge was a good thing for him and his family. He also says Indian Prime Minister Narendra Modi is great for business but that he doesn’t miss his first career in local politics back home.
Read more on our website:
• Exclusive: NMC Health eyes profit increase in 2018, fuelled by $2bn warchest
Read more on our website:
• Exclusive: NMC Health eyes profit increase in 2018, fuelled by $2bn warchest
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