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Bitesize Business Breakfast Podcast

Business & Economics Podcasts

Daily highlights and exclusive interviews from Dubai's most informative news and business radio show. With a round-up of the day’s most important business stories, providing local content and context on the international issues that matter.Presented by Richard Dean & Brandy Scott.

Location:

United States

Description:

Daily highlights and exclusive interviews from Dubai's most informative news and business radio show. With a round-up of the day’s most important business stories, providing local content and context on the international issues that matter.Presented by Richard Dean & Brandy Scott.

Language:

English


Episodes
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UAE private sector growth falls to 8 month low on heavy rains.

5/3/2024
03 May 2024. We discuss the UAE private sector growth falling to an 8 month low following heavy rains. Plus we have the latest on earnings from Tecom and Apple - and we find out what's moving the markets following that Fed meeting. We also look at the economics of olive oil. As scorching summers wreak havoc with the olive harvest, we speak to the team from JM Foods in Dubai. As extreme weather around the world messes with events - we find out how the industry is coping with TEC boss Natalie Crampton. And, the UAE has increased its oil production capacity - we speak to oil expert Amina Baker. See omnystudio.com/listener for privacy information.

Duration:00:30:51

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Spinneys raises 375 million dollars in IPO.

5/2/2024
02 May 2024. We have the latest on that rate decision from Fed chair Jay Powell and what it means for the UAE with economist Jeanne Walters of Emirates NBD. We also take stock of Spinneys share sale after it raised 375 million dollars in IPO, with CEO Sunil Kumar. And, we'll look at the effects of the last rains on the UAE's stock of new and second hand cars ... and how to avoid buying one that's taken a bath if you're in the market. That's with Glenn Harwood of AlgoDriven. Plus, with the 9% profit tax looming ever closer, we talk tax with John Casey of Virtuzone. See omnystudio.com/listener for privacy information.

Duration:00:27:47

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UAE bankruptcy law comes into effect today - what does it mean for you?

5/1/2024
01 May 2024. We'll have the latest on the fuel prices after they climbed 6% for May. But is this inflationary? How does this reflect what happening in oil prices and what will it mean for inflation in the UAE? And, what does the new bankruptcy law means for business in the UAE? We speak to Al Tamimi's head of litigation, Naif Yahia who gives us the detail. We also talk Q1 results and future plans with the CEO of Aldar Development, Jonathan Emery who reveals his latest project live on air. Plus, we discuss the economics of weight-loss drugs, as sales of Mounjaro triple in Q1- that's with market analyst Monte Saffediene. See omnystudio.com/listener for privacy information.

Duration:00:36:15

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What does Dubai's new airport mean for real estate?

4/30/2024
30 Apr 2024. We discuss the latest UAE blockbuster earnings and what it means for the region. We'll also speak to Andrew Elliott, Director, Commercial Agency, Chestertons MENA about what Dubai's new airport could mean for property demand in the Dubai South area and what impact that will have on the Garhoud area. Plus, we're joined by Professor Heather MacGregor of Heriot-Watt University, co-author of the report on women in the boardroom that says women hold just 11% of seats on boards of UAE listed companies. And, we cross live to Riyadh to speak to Eddy Tannous, COO, Rotana Hotel Management as they look at expanding their footprint across Pakistan, Africa and Europe. See omnystudio.com/listener for privacy information.

Duration:00:30:52

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Dubai unveils Dhs128 billion mega-airport at Al Maktoum.

4/29/2024
29 Apr 2024. As Dubai unveils its new Dhs128 billion mega-airport at Al Maktoum with all flights moving away from DXB “in the coming years”… we speak to the man with the plan: Dubai Airports CEO Paul Griffiths. We'll also get anaylsis on the new passenger terminal from Geoffrey Thomas, MD & Editor in-chief, Airlineratings.com. Plus, we hear from the boss of Alshaya Group, John Hadden, as they plan to open 400 new stores this year. And we have the latest from The World Economic Forum taking place in Riyadh currently. See omnystudio.com/listener for privacy information.

Duration:00:31:38

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Abu Dhabi space merger is cleared for launch by investors.

4/26/2024
26 Apr 2024. We get the latest analysis from Dan Richards, Mena Economist, Emirates NBD on the US economic growth data as well as UAE economy growth which rose 3.3% in the first nine months of 2023. We also speak to the boss of newly-created Space 42 on their bold plan for satellites and AI. Plus, we cross to the US for more on Google and Microsoft – both reporting strong earnings overnight - with investor Keith Fitz-Gerald. And Lebanese philanthropist Lynn Zovighian joins us to reveal new research with the Bill & Melinda Gates Foundation, on the ‘next generation of philanthropy’ in the Middle East. See omnystudio.com/listener for privacy information.

Duration:00:31:34

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Moody's warns that some UAE insurance companies face financial pressure flood claims.

4/25/2024
25 Apr 2024. We speak to the guys at Al Futtaim Automotive as they've seen a surge in demand for pre-owned SUVs, after last week's wild weather. We also find out what the supercell storm means for the balance sheets of insurance companies themselves - and their ratings - Moodys has a new report. Plus, we dust off the Business Breakfast calculator to crunch the numbers on a flurry of earnings, speaking to Darren Clarke, Chief Financial Officer, Commercial Bank of Dubai. See omnystudio.com/listener for privacy information.

Duration:00:29:52

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Did employers do the right thing during last week's floods?

4/24/2024
24 Apr 2024. We get reaction from Daniel Richards, Senior Economist, Emirates NBD about the UAE and Oman signing investment deals worth Dhs 129 billion during this week’s visit by Oman’s Sultan Haitham. We also hear from Dubai based HR expert - Sarah Brooks, Managing Director, Fikrah HR, who says some firms in the UAE might have broken the law by not doing enough to keep their employees safe during last week's wild weather. Plus, we speak to insurance expert Franck Heimburger of GIG Gulf, formerly AXA Insurance, who answers your questions on flood claims. And, we'll go through those strong UAE shopping numbers with Dubai Chambers President and CEO - Mohammad Ali Rashed Lootah. See omnystudio.com/listener for privacy information.

Duration:00:33:27

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The Central Bank instructing insurance companies to pay up for flood damage.

4/23/2024
23 Apr 2024. We speak to Sonny Ridgewell, Managing Director of insurance brokers- Beneple - about the number of motor claims expecting to exceed AED 1 billion following last week's floods. We also get his reaction to the latest news from The UAE Central Bank as they're instructing insurance companies to pay up for flood damage - the directive covers all homes and cars with “comprehensive” policies. Plus, the CEO of Dubai Financial Market, Hamed Ali, joins us live in studio for an extended interview on the UAE’s IPO boom. We also cross live to Australia to speak to Jessica Amir, Market Strategist, moomoo about Tesla's shares falling 3% overnight. And, as Spinneys sets the price range for its IPO we hear from Samer Deghaili, Co-Head of Investment Banking (MENAT), HSBC. See omnystudio.com/listener for privacy information.

Duration:00:38:32

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How have the recent storms impacted the local insurance industry?

4/22/2024
22 Apr 2024. We have the latest on the aftermath of last week's flood as Sheikh Hamdan bin Mohammed approves sweeping measures to address the impact of the rains. We also discuss the latest on the economic impact with the insurance experts at S&P and what that means for the local insurance industry. Plus, we hear from Maria Morris, CEO & Founder Maria Morris Real Estate about what property buyers are looking for when choosing their next Dubai home. And, as the first full week of voting gets underway in India, we speak to Economist Surjit Bhalla. See omnystudio.com/listener for privacy information.

Duration:00:35:18

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How have floods impacted businesses across the UAE?

4/19/2024
19 Apr 2024. We have a special edition of the Bitesize podcast today as we hear from a variety of businesses to find out how they're faring in the aftermath of the floods. First, we hear from Dubai airports CEO, Paul Griffiths, who gives us the latest updates for DXB passengers and when we can expect operations to resume as normal. We also find out how food companies are working to keep restaurants and shops supplied with JM Foods. And we look at how hotels are providing local residents and delayed tourists with shelter while coping with their own logistical challenges. Plus, we find out what small business owners are facing in terms of insurance claims with insurancemarket.ae and how ride-hailing services fared in the floods with Yango. See omnystudio.com/listener for privacy information.

Duration:00:55:30

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What can you do if your car has been damaged by the floods?

4/18/2024
18 Apr 2024. We've got the latest on the aftermath of the recent floods as we speak to Cafu COO Ryan Rogers. We also speak to one repair garage who've been inundated with water-damaged cars after the recent storms. Plus, we'll hear from an insurance lawyer about potential payouts for this week's storms. And we speak to Laurence Kemball-Cook, CEO and Founder, Pavegen - a smart flooring technology company that transforms footsteps into electrical energy - they're launching in Dubai today at the World Future Energy Summit. See omnystudio.com/listener for privacy information.

Duration:00:34:25

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What the storms mean for the insurance industry & claimants?

4/17/2024
17 Apr 2024. We look at the impact of wild weather and what could it mean for the insurance industry with various experts: AFIA Insurance Brokerage Services LLC, octopus & GIG Gulf. Plus, we speak to the CEO of Spinneys, Sunil Kumar, about the company's growth plans on the back of its IPO announcement. See omnystudio.com/listener for privacy information.

Duration:00:49:23

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Spinneys is to go public.

4/16/2024
16 Apr 2024. We have the latest on the news that Spinneys is to go public, selling 25% of its shares before listing on the DFM. Plus, as the IMF spring meetings kick off in Washington, we speak to one economist in the thick of the action: IMF veteran Masood Ahmed. And, after Eid Al Fitr saw flight price spikes - are we all booking early for Eid Al Adha? We'll speak to travel expert Emily Jenkins and the travel number crunchers from research firm STR. See omnystudio.com/listener for privacy information.

Duration:00:35:22

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Could you get cash back for school fees?

4/15/2024
15 Apr 2024. We find out what's moving the markets this week amidst increased regional tension with Ed Bell, Senior Director of Emirates NBD. As Abu Dhabi considers a takeover bid for BP, we speak to energy expert Christoph Ruhl of Columbia University. We also speak to the new real estate company giving cash back for school fees to families and find out why haus & haus Real Estate are seeing an increase in property sales this year compared to last. Plus, we're talking aviation: as JFK airport in New York gets a $5 billion facelift, we speak to the Bahraini company stumping up the cash. See omnystudio.com/listener for privacy information.

Duration:00:28:27

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Can you still get good deals booking flights last minute?

4/5/2024
05 Apr 2024. The value of bank transfers in the UAE reached Dhs1.5 trillion in January, according to Central Bank data. That’s up 24% from a year earlier.” So, what does this tell us about the health of the banking sector and the wider economy? Emirates Development Bank has hit a major milestone in its mandate to provide 30 billion dirhams in financing to the industrial sector - we'll speak to the CEO, Ahmed Mohamed Al Naqbi. Plus, with the Eid break here, residents of the UAE are eagerly planning their escapes to explore destinations beyond the country’s borders - we're joined by Johan Eidhagen, Managing Director, Wizz Air Abu Dhabi. And we’re talking Disney - after CEO Bob Iger fought off a shareholder revolt, New York media professor Evan Shapiro says Apple should buy The House of Mouse. See omnystudio.com/listener for privacy information.

Duration:00:30:02

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Are school allowance packages still a thing?

4/4/2024
04 Apr 2024. The OPEC+ monitoring committee has recommended the group stick with its current supply cuts for the first half of the year. But how well are their cuts working and what does it all mean for UAE and Saudi finances? Plus, on the back of the KHDA's decision to allow school fee increases - we ask recruitment expert - Conor McHugh, Founder, Alchemy Search, if education allowances are dying out. And with gold hitting a record high above $2,300 an ounce, Richard heads down to the Dubai Gold Souq to test the mood ahead of Eid al Fitr and find out if high prices are putting off buyers. We also speak to HSBC global private banking to find out why they're advising high net worth clients to consider taking on more risk and put their cash to work. See omnystudio.com/listener for privacy information.

Duration:00:31:28

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Green light for fee increases at performing schools.

4/3/2024
03 Apr 2024. We get reaction from Dan Richards, Senior Economist, Emirates NBD on private schools in Dubai being able to raise fees by 5.2% next year - what impact might this have on inflation? Dan also gives us instant reaction to the new PMI data for the UAE out this morning. Plus, we speak to DHL about the UAE moving up the ranks of connected countries - and how we go higher. And, we cross live to the Gold Souk, where Richard finds out how record gold prices are impacting bangles and bullion See omnystudio.com/listener for privacy information.

Duration:00:32:41

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The Abu Dhabi economy grew just over 3 per cent last year, so how well did we do?

4/2/2024
02 Apr 2024. Abu Dhabi economy grew just over 3 per cent last year...while the UAE central bank is predicting just over 4% growth for the country in 2024. We get reaction to that flurry of UAE economic data, from Dan Richards of Emirates NBD and Stephen Anderson of PwC. We also speak to Cafu about whether they see a spike in people filling up ahead of petrol price day. And, we're looking at what options are available for apartment dwellers when it comes to both e-charger accessibility and fuel deliveries. See omnystudio.com/listener for privacy information.

Duration:00:31:27

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How could more Emirati brokers impact Dubai real estate?

4/1/2024
01 Apr 2024. We get reaction to those rising petrol prices – and some clues on where they’re heading – with economist Dan Richards of Emirates NBD. And, DLD is set to boost Emirati real estate brokers but how will more Emirati brokers impact Dubai real estate? Zhann Johincke of Cavendish Maxwell joins us live to tell us more. We also look at what a 10-year business licence could mean for commercial real estate with Andrew Elliot of Chestertons. And, as hotels get booked quickly ahead of the upcoming Eid holidays, we speak to Enrique Mandl, General Manager, FIVE LUXE, FIVE Hotels & Resorts and find out about their latest opening on JBR. See omnystudio.com/listener for privacy information.

Duration:00:33:30