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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.
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14 Jun 2024. It's last minute Eid-oh-nomics.... is there still time to grab a staycation or a last minute bargain flight? We speak to the chief business officer of Wego and David Allen of Radisson. And, we've got a big focus on the finance of football, with just hours until kick-off in Euros 2024. We’re joined by sports lawyer Andrew Mahoney, and t…
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13 Jun 2024. The US Fed and UAE Central Bank keep rates on hold but what that decision mean for us? Ed Bell of Emirates NBD and Danny Abraham, Espace Real Estate explains. We also have more reaction to today’s big stories from former CNN anchor John Defterios, who joins us live in-studio to peruse the news. And we speak to Raj Kotecha, CEO, Charter…
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12 Jun 2024. The world economy is expected to grow by 2.6 per cent this year, and the expansion rate is expected to remain consistent throughout the year, without significant fluctuations, according to a report by the World Bank. We hear from World Bank economist Ayhan Kosay for more on their hot-off-the press report. Plus, we speak to Tanvi Ahluwa…
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11 Jun 2024. We discuss Apple unveiling its long-awaited AI strategy – including a partnership with Chat GPT. Plus, we look at the economics of Eid al Adha – as Careem lists sacrificial goats for sale on the app. And, it’s election season: veteran investor Gary Dugan reveals his strategy for trading the political swings, from Mumbai to Manhattan. W…
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10 Jun 2024. We discuss the UAE's new crackdown on rogue cold-callers, with fines of Dhs150,000 for telemarketers who break the rules. We also talk fintech with the CEO of a new digital bank in Ajman: Christopher Koster of Ruya. Plus, as tens of thousands of pilgrims flock through Dubai Airports as they make their way to Mecca for the annual Hajj p…
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07 Jun 2024. Nvidia has caught the attention of anti-trust regulators after joining the three trillion dollar club - we speak to market watcher Jessica Amir. Plus, as Dubai's May property numbers hit a new record, we speak to Zhann Johincke of Property Monitor. And we'll find out if diamonds are losing their sparkle, amid weak prices and De beers b…
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06 Jun 2024. We look at the booming market for venture debt funding with Philip Bahoshy of research firm Magnitt. We also focus on the fitness industry - speaking to Gymnation Founder Loren Holland and the man behind their latest private credit investment, Omar Al Yawer - Partner, Ruya Partners, as they pave the way for expansion into Saudi Arabia.…
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05 Jun 2024. We discuss Narendra Modi losing his majority in a shock election setback as Indian stocks plunge 6%. We also discuss the UAE PMI data released this morning as we speak to one of the S&P economists behind it. Plus, we get the latest on the giga projects programme in Saudi Arabia with Colin Foreman, Editor, MEED. And, we hear from one UA…
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04 Jun 2024. We get reaction to the Dubai Mall story from Andy Love of Knight Frank and CBRE's Mr Research Taimur Khan. And, as UAE authorities block more than a thousand websites that violate intellectual property rules, we'll speak to IP lawyer James Dunne. We also find out about the top 25 airlines in the world according to Airlineratings.com wi…
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03 Jun 2024. As the world’s aviation industry descends on Dubai, Riyadh Air CEO Tony Douglas joins us live in the studio to tell us about the new airline. Plus, we have refreshingly candid comments from Ramesh Cidambi, on day one of his new job running Dubai Duty Free. And, we speak to Sam McCone of McCone Properties about how to spot a property ma…
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We spoke to the UAE law firm Habib Al Mulla UAE Founder Habib Al Mulla, one of the country’s most prominent lawyers, and told Business Breakfast that trade between the UAE and Russia is strong, despite Western sanctions. Plus, International air passenger traffic rose 16% in April, compared to the year before, we spoke to the boss Kashif Khalid and …
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UAE President Sheikh Mohamed flew from Korea to China, where he begins a two-day state visit. We get the reaction to that UAE-China visit from Billionaire investor Patrick Tsang live from Hong Kong. Plus, restaurant special - we find out what it takes to last nearly quarter of century in the Dubai F&B industry with Lime Tree and the man whose busin…
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The Business Breakfast has a working theory that half of Dubai is going to Italy this summer. We test that theory with travel expert Emily Jenkins of DW Travel. Plus, with the gold price hovering just off record highs, we're joined by the global chief market strategist of the World Gold Council, John Reade. And, as the UAE pumps Dhs30 billion into …
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The third edition of the Make it in the Emirates Forum and its accompanying exhibition kicked off on Monday at the Abu Dhabi Energy Center. H.E Omar Suwaina Al Suwaidi, Undersecretary, Ministry of Industry and Advanced Technology (MoIAT) live from the capital told us about the forum and the main takeaways from the event so far. We also speak to peo…
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That's according to the Financial Times. Matt Stanley, Head of Market Engagement, EMEA & APA at Kpler disagree, he told us why. Plus, we look at what the increase in business Etihad Credit Insurance tells us about the UAE's export sector with CEO Raja Al Mazrouei. And we talk the finance of football, after Al Ain’s dramatic victory in Saturday’s As…
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American social media guru & serial entrepreneur Gary Vaynerchuk joined us live in studio. He’s got 15 million followers and a new book. Plus, research says that millennials are ‘quiet vacationing’ rather than asking their boss for PTO. Is it acceptable? We asked Nathalie Spree, Partner, August Leadership. And we spoke to the CEO of Adnoc Drilling …
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We've got the preliminary numbers out for GDP for UAE economy, we crunch the numbers with Ed Bell, Senior Director, Market Economics, Emirates NBD. Plus, analyst Josh Gilbert from eToro on those Nvidia earnings beating expections. Wio bank has achieved profitability in its first year of operations, we speak to CEO Jayesh Patel. And ss World Economi…
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22 May 2024. We hear from Novo Nordisk UAE Vice President Mads Bo Larsen about the local supply and demand for Ozempic and Wegovy. And after Emirates announced their staff will receive bonuses worth 20-weeks of salary we had a big bonus debate: should all staff recieve the same bonus, or should it just be for high performers? HR expert Amanda White…
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21 May 2024. Dubai Airports CEO Paul Griffiths reveals DXBs record breaking Q1 numbers live on the show. We also speak to the CEO of education company Alef about its IPO plan and we look at the economy of Ajman, as we’re joined in the studio by H.E. Ismail al Naqi, head of the Emirate’s Free Zone Authority. See omnystudio.com/listener for privacy i…
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20 May 2024. Ford Middle East has seen its highest Q1 sales in nearly a decade - we speak to regional president Ravi Ravi-chandran. Plus, Wizz Air has launched the region's first flight subscription service - we speak to their MD Johan Eidhagen. And, Indian cricket legend MS Dhoni speaks to the Business Breakfast! Lessons on leadership from the man…
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17 May 2024. We take a sneak peak inside the new airport with Dubai World Central Corporation boss His Excellency Khalifa Al Zaffin. Plus, Dubai proptech Keyper has more than 30 million dollars in credit and equity to play with - we'll find out what they plan to do with it. And, former SBS soldier and adventurer Ant Middleton joins us live in studi…
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16 May 2024. US inflation fell to 3.4 per cent for April - raising expectations of a rate cut this year - we get reaction from Dan Richards of Emirates NBD on whether it's a good or bad print and what it could mean for Fed decisions. One month on from the floods, we're looking back at the events that took place - we find out if the rain stopped pla…
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15 May 2024. It's earnings deadline day – we discuss Emaar Development reporting record property sales in Q1 – soaring 50% to Dhs13 billion, and speak to CBRE's Taimur Khan who's seeing office rents and occupancy creep up further in Q1. We also speak to Dnata CEO Steve Allen who joins us live in studio to go through their record profits and the pos…
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14 May 2024. We go through the Emirates airline numbers - and bonuses. Will Emirates reinvest this money into the airline and are higher air fares here to stay?. Plus, we speak to ADNOC Drilling's CFO about their 26% rise in Q1 net profit. We'll also hear from United Airlines as they mark one year of their nonstop service between Dubai and New York…
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13 May 2024. We speak to the CEO of Abu Dhabi AI giant Presight about their Q1 numbers - and why they've taken a big chunk of AIQ. Plus, Maesk has a big new boat that runs on green methanol. We look at the challenges the shipping industry faces in going green with local boss Christopher Cook. And, 78% of AI users are now bringing their own AI tools…
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10 May 2024. We'll have the latest from the trading floor as Rich was down there to keep his eye on the share price. We'll also have the latest on Eitad's earnings and aspirations for growth as we hear from CEO Antonoaldo Neves. Wayne Beifus, Chief Financial Officer, ADNOC Distribution tells us about their Q1 2024 net profit of $165 million before …
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09 May 2024. We speak to the CEO of Dubai Taxi, Mansoor Al Falasi, about higher fares, longer trips, and expansion into other emirates after their record profits of 15% in Q1. We also hear from Dubai tourism boss, Issam Kazim, about his aims for visitor numbers this year - and the marketing challenge posed by last month's rains. And, we speak to Co…
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08 May 2024. We have the latest on the Dubai Taxi Q1 results with net profit up 15%, plus we're talking to the ADNOC Gas CFO about their Q1 numbers. We also hear from H.H. Sheikh Ahmed bin Saeed al Maktoum, the CEO and Chairman of Emirates - Richard joined HH in the majlis at the Emirates stand at ATM where he talked about everything from the impac…
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07 May 2024. As the Arabian Travel Market continues this week, we're focusing on all things tourism with Dubai tourist numbers jumping 11% in Q1. We also speak to Etihad Airways CEO Antonoaldo Neves on 30% growth, IPO rumours and flying economy class. Plus, we discuss record visitor numbers for Yas and Saadiyat islands with the CEO of Miral. And, w…
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06 May 2024. We go through the latest Saudi PMI numbers with economist Dr Chris Payne as Saudi's non-oil private sector continued its growth momentum in April. Plus, we've got a big focus on the Arabian Travel Market which kicks off this week- we're speaking to RAK tourism boss Raki Philips about Ras Al Khaimah tourism hitting 1.22 million visitors…
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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 t…
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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…
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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…
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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 Heat…
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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 th…
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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…
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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 t…
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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 n…
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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 cover…
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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 Ma…
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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…
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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 an…
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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 inform…
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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 …
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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 fin…
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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 finan…
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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,…
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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 co…
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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…
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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…
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