Business Extra

Why Abu Dhabi is becoming a destination for modern farming

Host Kelsey Warner talks to the chief executive of US based agtech firm Aerofarms David Rosenberg about who they are and why they are opening an R&D centre in Abu Dhabi.

In this episode:

What is Aerofarms all about? (0m 44s)

How Aerofarms is revolutionising agriculture in the region (6m 45s)

Are we late to solve the food and water crisis? (13m 45s)

Is there a greater discipline in the market now? (18m 34s)

 

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Why ’The New Silk Road’ is ready for an update

The World Government Summit in Dubai is examining a rebalance of power, of demographics and of society's relationship to technology and energy.

On this week's episode, host Kelsey Warner digs into that rebalance by looking East — to the centre of major emerging economies like India and Indonesia, and to a reopened China. What paths in tech, energy, and innovation are opening up between Asia and the Middle East?

Partners at advisory firm Oliver Wyman, Adel Alfalasi and Ben Simpfendorfer, join to discuss how 'the new Silk Road' is ready to be understood in a 21st century context.

Host Kelsey Warner is joined by Oliver Wyman's Adel Alfalasi and Ben Simpfendorfer, author of 'The New Silk Road'.

The UAE’s corporate tax law explained

Host Kelsey Warner talks to KPMG's Wassim Chahine about the new regime set to take effect this year.

In this episode:

What is the corporate tax going to be implemented in the UAE? (0m 32s)

Who does it apply to? (2m 26s)

How the revenue is calculated and the effect on free zones (3m 39s)

The UAE's move to incentivise foreign investment (9m 07s)

What the corporate tax means for the UAE economy? (10m 35s)

 

Read more on our website:

• Lower than Ireland: why UAE corporate tax may prove a boon for foreign investment

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What is VC investor sentiment in 2023?

The startup scene in the region (0m 19sec)

The moment when focus on growth turned to profitability (6m 27s)

What is the meaning of harvesting? (9m 17s)

Founding of Tuhoon (12m 39s)

The startup culture in the region (16m 43s)

 

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LinkedIn executive on 2023 jobs outlook

Concerns over a weakening global economic outlook are affecting the career prospects of graduates and young professionals. While employment levels have been at historic highs following the Covid-19 pandemic, job losses in once-buoyant sectors such as technology and finance indicate that the trend may reverse.

 

However, there is “a lot of data to show that increasingly, digital skills in particular continue to be in incredibly high demand among employers”, according to Dan Shapero, chief operating officer at LinkedIn.

 

He shares his tips for jobseekers and those looking to take the next step in their careers this year, with host Mustafa Alrawi.

 

Read more on our website:

• Closing the gender gap in Middle East and North Africa
• Zoom's Sam Tayan on the new era for work
• IFC on boosting women-led start-ups

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Business Extra in Davos: What risks will shape 2023?

As the World Economic Forum's Annual Meeting draws to a close in Davos, Switzerland, Kelsey Warner is joined by co-host Mustafa Alrawi, who has been reporting all week from the Swiss mountain town. They discuss the biggest issues that will drive the global agenda in 2023 and beyond.

Mustafa argues that recession, inflation, war in Europe and the energy crisis are largely already “baked in” to how businesses will navigate the year. But the rise of consumer-facing artificial intelligence is one to watch.

Read more on our website:

• Mubadala's Badr Al Olama on the UAE's competitiveness
• Energy in crisis and transition
• Tech Mahindra CEO on the ‘good’ recession

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Business Extra in Davos: Mubadala’s Badr Al Olama on the UAE’s competitiveness

The UAE's investment in digital capabilities and its growing network of partnerships around the world are set to benefit local industries this year, across sectors.

From clean energy to metals, health care, life sciences and start-ups, the stable landscape of the Emirates positions these industries for growth, even with global headwinds swirling such as the weaker economic picture in the US and Europe.

Badr Al Olama, executive director of UAE Clusters at Mubadala Investment Company, speaks to host Mustafa Alrawi about the year ahead for its biggest businesses.

Read more on our website:

• Tech Mahindra CEO on the ‘good’ recession
• Energy in crisis and transition
• Majid Jafar on global energy crisis

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Business Extra in Davos: Energy in crisis and transition

At the World Economic Forum's Annual Meeting in Davos, Switzerland, energy will be an important topic on the agenda this week.

Roberto Bocca, the forum's head of Shaping the Future of Energy and Materials, tells host Mustafa Alrawi that the focus of discussions will be the energy crisis, the energy transition and the nexus between energy and other ecosystems such as water and food, which are critical. Mr Bocca hopes that many will come to the table in Davos to solve these issues and also to harness the opportunities brought about by new technology.

He also says that people are finally beginning to realise how complex the energy system is, ahead of the Cop28 climate summit that is being held in the UAE at the end of November.

Cop28 President-designate Dr Sultan Al Jaber's leadership should be able to help bring together different sides involved in the effort to mitigate the effects of climate change, Mr Bocca says.

Read more on our website:

• Tech Mahindra CEO on the ‘good’ recession
• Outlook for aviation in 2023
• Majid Jafar on global energy crisis

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Business Extra in Davos: Tech Mahindra CEO on the ‘good’ recession

At the World Economic Forum's Annual Meeting in Davos, Switzerland, CP Gurnani, chief executive of Indian information technology company Tech Mahindra, talks to host Mustafa Alrawi about the outlook for 2023.

 

Mr Gurnani says the impact of a global economic slowdown will not be generic. Depending on the region, there will be circumstances to mitigate some of the effect of a recession, with no uniform pattern, he says.

 

South-East Asia and the Middle East are expected to see growth, Mr Gurnani says, while he remains optimistic about the US and Europe.

 

Read more on our website:

• Tech Mahindra's Manish Vyas on 5G
• Outlook for aviation in 2023
• Deepak Chopra's factors for success

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Promo: Business Extra podcast from the World Economic Forum

The Business Extra podcast team will be at the World Economic Forum in Davos next week.

Host Mustafa Alrawi will be on the ground to deliver insights and discussions from the global event.