Bitesize Business Breakfast Podcast

We speak exclusively to Lord Karan Bilimoria about entrepreneurism, start-ups, and Expo’s UK National Day. Plus, its earnings seasons, we speak to Aldar Properties' CFO Greg Fewer who reported a 21 per cent jump in its full-year 2021 profit. And with Dana Gas CEO Dr. Patrick Allman-Ward having a record year net profits of $317 million (AED1.16 billion).

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Some teenagers in the UAE will now be allowed to obtain a part-time job for the first time under plans to boost the country's development. But what do parents need to think about when it comes to contracts and what do employers need to put in place? We hear from Sara Khoja of Clyde & Co for all the legalities. And Hilton VP of F&B Strategy and Development, Emma Banks tells us how it will work on the ground. Plus, we find out how teenagers are spending here in the UAE with Smeetha Ghosh, Co-Founder & CEO, Cashee.

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We're plastic fantastic on the Business Breakfast this morning as Dubai to impose a tariff on single-use bags from July 1. We speak to the CEO of Urban Foods to find out what it means for supermarkets. Plus, we get the inside story on this week’s big stock market story: Abu Dhabi Ports raising Dh4 Billion through an IPO. Andrew Tarbuck of law firm Al Tamimi joins us live. And, our weekly Middle East Energy round up of top energy stories including should we care about gas here in UAE? We asked Robin Mills of Qamar Energy.

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Civil marriages among foreign nationals in Abu Dhabi will no longer need the woman to provide consent from her family and the need for witnesses. Surina Kelly from the ARN News Centre has all the details. Plus, Sci Fi film Dune has been nominated for 11 BAFTAS - with Abu Dhabi up for the award for best supporting desert. We find out what filming such a high franchise here means for the economy with the Abu Dhabi film commissioner, Hans Fraikin. And, Starbucks has launched its 1000th store in the region at Bluewaters Island in Dubai. We talk coffeenomics with the President of Starbucks, Andy Holmes. 

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Its survey day on The Business Breakfast this morning. CEO intelligence network EMIR has quizzed its members about their attitudes to this week's big tax announcement. We find out what some of our largest companies plan to do next. Plus, we talk a lot of hot air: natural gas, to be precise. As Abu Dhabi discovers a massive new gas field, energy expert Justin Dargin explains more about it. And Dubai Municipality’s Food Safety Department has registered 1,343 new food establishments in 2021. As a result, the number of inspections also increased by 12% compared to 2020. To find out more about this figures we speak to the Director of Food Safety Department, Sultan Al Taher. 

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CPI at the end of 2021 reached 108.62, compared to 105.97 in December 2020, which puts the inflation rate at 2.5 percent year-on-year, and at 0.02 percent in December 2021 compared to November. We find out how it's measured here and how high it might go with economist Dr. Christopher Payne. Plus, Dubai’s prime residential capital values climbed 17.4% in 2021, as buyers flocked to the city. We speak to Swapnil Pillai of Savills and asked what factors are driving demand for prime properties in Dubai. And AC Milan's management are in town! Why are they visiting and what do they hope to achieve? We asked Ivan Gazidis, CEO of AC Milan.

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More tax talk as the UAE digests the coming levy on corporate profits. We ask tax lawyer Shiraz Khan of Al Tamimi what companies need to think about now to stay on the right side of the law, and will accountants become the new premiership footballers of the corporate world? We speak to a recruitment expert about what the new tax law means for jobs. Plus, almost half of all employers in the UAE and Saudi Arabia offer life insurance as part of a standard employment package. We find out more about their findings with Sarah Dixon, who is the Managing Director of Hays Gulf Region. And we speak to RAKBank CEO Peter England to review the company’s earnings for 2021 (hint: profit rose sharply). It’s a bitter-sweet moment for the BB team, as it will be Peter’s last earnings call with us as he’s retiring from RAKBank in a couple of weeks.

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The UAE will introduce a federal corporate tax on business profits that will be effective for financial years starting on or after June 1, 2023. The ministry of finance said there will be a standard statutory tax rate of 9% and 0% for taxable profits up to AED375,000 to support small businesses and startups. What does this all mean for businesses here in the UAE? We have a range of experts including Sabah al-Binali from OurCrowd. We also understand the economic impact with Shady Shaher Elborno from Emirates NBD. And motorists will have to pay more at the pumps in February, after enjoying lower fuel prices over the last couple of months. To explain what's happening, we have Matt Stanley, Senior Broker at Starfuels.

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We get the details from Rudolph Lohmeyer, Partner, National Transformations Institute at Kearney Middle East. Plus we explore the economic impact of having sports stars like Cristiano Ronaldo here in UAE with Kiera Doherty of Seven Social. And Brandy Scott is live from New Zealand pavilion with Clayton Kimpton and find out how they are marking the official Expo 2020 National Day celebration of Aotearoa New Zealand!

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We speak exclusively to award winning author and leadership guru, Liz Wiseman, about her new book 'Impact Players' and how can you raise your game in your organisation. Plus, SLOTHONOMICS! Green Planet is celebrating the first sloth ever born in the Middle East with a gender reveal party this weekend. So we're asking - how much is that baby worth in ticket sales with Sara Stevens Head of Operations/Curator of The Green Planet. And, New Zealand's annual inflation rate topped a three-decade high at the end of last year, official figures show. We get the thoughts of economist, Dr. Oliver Hartwich of The New Zealand Initiative. 

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