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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
Tuesday Oct 29, 2019
Tech, finance, energy and the future at Saudi FII
Tuesday Oct 29, 2019
Tuesday Oct 29, 2019
The world’s most powerful investors, heads of state, former leaders, entrepreneurs and government ministers are gathering in the Saudi Arabian capital this week to discuss the future of technology, sustainable development, capital markets, infrastructure financing, energy – old and new – gene editing and cellular therapies. Host Mustafa Alrawi talks to Kelsey Warner, future editor of The National who is attending the Future Investment Initiative held in Riyadh.
In this episode:
In this episode:
Kelsey on FII (1m 20s)
Who is attending FII? (14m 47s)
New podcast by The National (25m 45s)
Headlines (26m 46s)
Read more on our website:
Headlines (26m 46s)
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Wednesday Oct 23, 2019
Boeing’s failings and fortunes
Wednesday Oct 23, 2019
Wednesday Oct 23, 2019
After flight software aboard its 737Max jet was found to be the culprit of two airline crashes within the last 12 months, Boeing was forced to ground all 387 of the aircraft worldwide; impacting 8600 weekly flights and forcing 59 airlines to come up with alternatives. It is the world's largest manufacturer of commercial aircraft. But a fall from grace has Boeing facing regulators and customers demanding answers and a scramble to return its best-selling 737 Max aircraft to the skies. Host Kelsey Warner speaks to The National’s aviation correspondent Deena Kamel who has returned from a visit to Boeing’s US production facilities. Deena explains the company’s plans for the future, including damage control and space travel.
In this episode:
In this episode:
New Podcast by The National (0m 51s)
Boeing 737 Max (1m 57s)
Boeing and NASA (14m 34s)
Etihad and Air Arabia (20m 36s)
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Etihad and Air Arabia (20m 36s)
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Wednesday Oct 16, 2019
Flying cars and the WeWork wolf in tech clothing
Wednesday Oct 16, 2019
Wednesday Oct 16, 2019
Boeing and Porsche are working together to develop the concept and test the prototype for and electric vertical take-off and landing (eVTOL) car. The National’s Mustafa Alrawi Assistant Editor in Chief and Future Editor Kelsey Warner discuss their enthusiasm or skepticisms about the announcements before taking a look at the WeWork.
WeWork promised to change the way people work and eventually how they live. Somewhat unconventional co-founders at the company charted meteoric growth that wowed investors and propelled the company to a $47 billion valuation, one of the highest for a start-up. But WeWork were forced to halt plans to go public on Sept. 30 because of investor concerns about how it was valued and whether its business model is sustainable. Adam and Rebekah Neumann have stepped down from their positions and now job cuts are on the horizon.
In this episode:
Flying Cars (1m 21s)
WeWork (8m 34s)
Headlines (27m 30s)
Read more on our website:
Wednesday Oct 09, 2019
HSBC gears up for job losses and Nai Arabia’s $10 million deal
Wednesday Oct 09, 2019
Wednesday Oct 09, 2019
HSBC may cut as many as 10 thousand jobs worldwide as part of its latest cost cutting drive but where next for the bank that was at one time the poster child of globalisation?
Host Mustafa Alrawi, Assistant Editor in Chief, takes a look at how banks in Europe are looking to make savings. In a world where the US-China trade war, Brexit, a weak European economy, lower interest rates and the resulting uncertainty is affecting growth, how is the financial sector coping? Also, in this episode Mustafa speaks to Nai Arabia's founders Hisham El-Farouki and Fouad Dajani as Jordan's Fine Hygienic Holding, a paper products manufacturer, becomes the largest single shareholder in the Dubai based natural food and beverage company. The deal is valued at over $10 million.
In This Episode:
-HSBC (0m 44s)
-Nai Arabia (5m 45s)
-Headlines (17m 49s)
Read more on our website:
• HSBC to cull 10,000 jobs as it looks to rein in costs
-HSBC (0m 44s)
-Nai Arabia (5m 45s)
-Headlines (17m 49s)
Read more on our website:
• HSBC to cull 10,000 jobs as it looks to rein in costs
Tuesday Oct 01, 2019
Saudi Arabia opens for tourism for the first time
Tuesday Oct 01, 2019
Tuesday Oct 01, 2019
Saudi Arabia’s opens up and begins to issue tourist visas for the first time. Host Mustafa Alrawi, assistant editor in chief and future editor Kelsey Warner, speak to The National’s Ashleigh Stewart who is in Saudi Arabia as they launch their latest tourism industry initiative.
People from 49 countries are able to obtain a 90 day, multiple entry tourist visa for the kingdom. Tourism is a key component of Saudi Arabia’s Vision 2030 programme with expectations to boost international and domestic visits to 100 million a year by 2030. This will mean an increase of the tourism sector‘s contribution towards gross domestic product to 10 per cent in that time, up from just 3 per cent today. This includes major new developments – being termed as ‘giga’ projects: NEOM, the Red Sea Project, Qiddiyah, Amaala and Ad Diriyah. This comes as the kingdom’s non-oil gross domestic product grew 2.9 per cent year-on-year in the second quarter, higher than 2.1 per cent rate of expansion achieved in the first quarter of 2019, according to the latest data released by the General Authority for Statistics. The pick up in non-oil economic growth was the strongest since the fourth quarter of 2015, when Riyadh started putting fiscal consolidation measures in place to counter a three-year oil price slump that began in the middle of 2014.
In this episode:
- Introduction (0m 29s)
- Interview with Ashleigh Stewart in Saudi Arabia (3m 31s)
- Mustafa and Kelsey in studio discussion (17m 54s)
- Headlines (31m 01s)
Read more on our website:
• From NEOM to Ad Diriyah: Saudi Arabia's 'giga projects' and when they are expected to be completed
• From NEOM to Ad Diriyah: Saudi Arabia's 'giga projects' and when they are expected to be completed
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