Claim OwnershipBitesize Business Breakfast Podcast
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© 2024 Dubai Eye 103.8
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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.
1098 Episodes
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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.
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.
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.
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 bullionSee omnystudio.com/listener for privacy information.
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.
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.
29 Mar 2024. Education provider Taleem has reported record profits for the first half of the year, up 53 per cent - and a new high when it comes to student enrollment, up 32 per cent. Taaleem boss Alan Williamson tells us about what's behind those record numbers. We also get reaction to Sam Bankman-Fried’s 25-year jail term from lawyer Shahram Safai of Afridi & consulting expert Ruth Bradley. See omnystudio.com/listener for privacy information.
28 Mar 2024. We have the latest on the new ADNOC oil field which has started production at the offshore Belbazem oil field, which will pump up to 45,000 barrels per day. We also speak to Capt. Zarir S. Irani, Managing Director, Constellation Marine Services about the fears that have been raised around potential disruption to global supply chains following the Baltimore bridge collapse. Plus, Dubai is contemplating the possibility of an initial public offering (IPO) for construction firm ALEC Engineering & Contracting, amidst a surge in its real estate sector as property prices in the emirate hit near-record levels, reported Bloomberg. Ziad Awad, Founder and CEO, Awad Capital explains what could happen. And, 1.2 Million people visited Louvre Abu Dhabi last year. Manuel Rabaté, Director, Louvre Abu Dhabi explains how many of the visitors were UAE residents, and how many were tourists.See omnystudio.com/listener for privacy information.
27 Mar 2024. We have the latest on the closure of Baltimore Port after a bridge collapse poses the latest challenge to global shipping and logistics. We also look at Mercer's outlook for wages with their regional careers principal Vlad Vrzhovski as they say UAE salaries should rise 4 per cent this year on average, outpacing inflation. Plus, we speak to the company partnering with the RTA to create co-working spaces in Metro stations. And, as Sri Lanka unexpectedly cuts interest rates, we cross live to Columbo to speak to research analyst Arshad Ismail.See omnystudio.com/listener for privacy information.
26 Mar 2024. We discuss the latest on Boeing CEO Dave Calhoun stepping down by the end of this year in a management shake-up, after concerns about safety issues at the plane maker as well as reaction to Trump’s civil fraud case being reduced to $175 Million. We talk nuclear energy, as the UAE turns on its fourth and final reactor with nuclear safety chief Sara Al Saadi. Plus, we speak to Dr. Luc Verburgh, Chief Academic Officer, HCT (Higher Colleges of Technology) about their new pathways, diplomas and vocational training aligned to labor market demands. And, does good weather this Ramadan mean less demand for tents? We speak to temporary structure maker - Arena Group.See omnystudio.com/listener for privacy information.
25 Mar 2024. The week ahead looks like the calm after the storm following last week’s tempest of central bank decisions, but what will investors be looking at this week? We get the latest from Jeanne Walters of Emirates NBD. We also look at the trade implications of the big Presidential meeting between the UAE and Egypt with Standard Chartered's MENA economist. Plus, we analyze the latest economic twists in the US election campaign, with Professor Adam Ramey of New York University Abu Dhabi. And, we'll find out why cyberattacks in the UAE surge during Ramadan.See omnystudio.com/listener for privacy information.
We speak to markets lawyer Andrew Tarbuck of Al Tamimi & Co about Parkin's first day as a listed company and asked who might be next in the IPO pipeline. Plus, we get reaction on two big tech stories: the US suing Apple for being a “monopoly”, while Redditt jumps 50% on debut with tech journalist, Kevin Sebastian.See omnystudio.com/listener for privacy information.
We speak to Emirates NBD chief economist Khatija Haque about what the Fed might do next. Plus, what that decision to keep rates high could mean for the UAE mortgage market with Espace Real Estate boss John Lyons. And, how to protect your crypto wallet from hackers? We speak to one UAE security firm that’s just got a license in Abu Dhabi. See omnystudio.com/listener for privacy information.
We look at how Eid travel bookings are going with Mamoun Hmedan, Chief Business Officer of Wego. Plus, the giant CERAWeek energy gathering in Texas – we get the inside story from veteran Middle East oil expert Andy Critchlow, of S&P Global Platts. And, S&P warning for the likes of Etisalat are facing market saturation, we speak to S&P technology analyst Tatjana Lescova. And, Emirates airline is looking to increase its cabin crew by around 25%. We find out just how that works with the Vice President of Cabin Crew Samantha James.See omnystudio.com/listener for privacy information.
Japan has raised interest rates for the first time in 17 years - but only to 0.1%, while Australia kept rates on hold at 4.35%. We get reactions to breaking interest rate stories with Josh Gilbert, Market Analyst, eToro. Plus, is UAE property companies looking to develop outside the country in places like Europe and the USA? We asked Taimur Khan, Head of Research – MENA at CBRE. And we get the thoughts of energy expert Sean Evers about the outrageous comments from Aramco CEO.See omnystudio.com/listener for privacy information.
We get the details on that booming trade between the UAE and America, with the ex-head of the US economics team at the embassy in Dubai. Plus, it's super central bank week! Emirates NBD economist Khatija Haque joins us live. And plenty of woes for Boeing: is the plane maker to big to fail? We asked Keith Tonkin, Managing Director, Aviation Projects Pty.See omnystudio.com/listener for privacy information.
15 Mar 2024. We’ve had earnings from two Dubai private companies – DP World and Majid Al Futtaim. Dan Richards, senior economist, Emirates NBD gives us analysis from a macro perspective and he gives us his key takeaways from the IEA oil demand/supply report. Plus, we cross live to Texas talking all things America – from TikTok and Trump to oil and interest rates - with economist Jason Schenker. As Parkin sets a new record for IPO oversubscription, we look at what we can take from the IPO process with Dean Kemble, Chief Commercial Officer of GSB Capital. And, we speak to crypto watcher Arnaud Cart about the latest Bitcoin surge. See omnystudio.com/listener for privacy information.
14 Mar 2024. We get reaction from Dan Richards, senior economist at Emirates NBD, on DIFC's new law covering digital assets and reaction to ratings agency Moody’s raising its outlook on UAE banks to ‘positive’. Plus, what does Ramadan mean for food delivery? We speak to Careem's vice president of food who explains that demand peaks in the final week - with Lebanese food and sweets seeing the biggest spike. The chief legal officer of DIFC, Jacques Visser, breaks down that new groundbreaking digital assets law. And, Google has confirmed it is restricting the types of election-related questions users can ask its AI chatbot, Gemini - NYU Abu Dhabi professor Nancy Gleason tells us more.See omnystudio.com/listener for privacy information.
13 Mar 2024. Emirates NBD give us the latest on what US inflation means for next week's Fed decision. Plus, as global olive oil prices rise, we speak to Spinney's general manager, Tom Harvey to find out if customers will feel the impact. The boss of StarzPlay, Maaz Sheikh, joins us live in studio: can Ramadan TV-watching fight off social media and video games? And, car dealers typically sell 50%+ more cars than their yearly average during Ramadan. So, is Ramadan the right time to buy a car? Glenn Harwood, Co-Founder, AlgoDriven tells us more. See omnystudio.com/listener for privacy information.
12 Mar 2024. Abu Dhabi has signed off on 66 billion dirhams worth of infrastructure projects, including parks, cycle tracks and housing developments - but is this a significant new investment and how does it fit with Abu Dhabi’s Vision 2030 economic strategy? We also look at increasing volumes and prices in the Dubai property market with Property Monitor's Zhann Johincke. Plus, as Bitcoin hits new record highs of above $72,000 - Ronit Ghose, Global Head, Future of Finance, Citi explains whether the world needs crypto. And, we'll find out if record gold prices are deterring buyers with the team from Siroya jewellers.See omnystudio.com/listener for privacy information.
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