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24 Nov 2023. We'll be putting the latest Dubai inflation numbers in context with Senior Economist at NBD- Jeanne Walters. As Black Friday sales get underway, we'll be discussing the do's and the don'ts - the buys and the don't buys with Debsena Chakraborty, Vice President - Growth & Expansion, MENA, mfilterit. Plus, we'll be finding out more about Zofeur, an on-demand tech platform for hiring professional chauffeurs. We'll speak to Ishrath Hasmin the companies Co-Founder and Chief Operating Officer as they've recently launched their “Pay-per-minute” driver service in Abu Dhabi just in time for the 2023 F1 Abu Dhabi Grand Prix. Finally, it's F1 weekend - we'll speak to Imthishan Giado, Editor in Chief, Motoring Middle East and Head of Marketing at Octanium Experiences about whether there's a correlation between F1 success on the track and car brands off it. If Ferrari does well in F1 does that drive greater demand for road cars?
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23 Nov 2023. Sam Altman is back as CEO of Open AI after being fired at the start of the weekend. Most of the board that removed him has agreed to step down - a new board is being put together, including former treasury secretary Larry Summer. Talal Thabet, CEO, Haltia.AI has the latest on that and whether the last few days has damaged the company. Plus, we speak to Matthew Dixon Founder & CEO, Evai.io about Binance chief executive, Changpeng Zhao, who has resigned after pleading guilty to money laundering violations.The sudden resignation of Changpeng "CZ" Zhao has shocked the crypto world. But who will be the new boss of Binance we ask? Finally, it's Thanksgiving! We speak to CarniStore Co-Founder - Daniel Wanies about whether the lower turkery costs in the US will follow suit here in the UAE.
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22 Nov 2023. As Microsoft boss Satya Nadella has called for changes to OpenAI's board after its shock firing of Sam Altman - we've got the latest on the CEO merry-go-round. Pure Health, the UAE’s largest healthcare group, plans to launch an initial public offering next month and subsequently list its shares on the Abu Dhabi Securities Exchange, the region’s second largest bourse. We speak to Brian de Francesca, Senior Advisor, MAVEN about that latest IPO train. Plus, as homegrown UAE fitness brand, GymNation, has proudly announced a management-led buyout of all equity held by previous investor, JD Gyms - we'll speak to its Founder and CEO Loren Holland. Finally, we hear from Andrew Hammond, Saudi Editor, Arabian Gulf Business Insight (AGBI) on Saudi Arabia's new civil commercial code, due to go into effect by the end of the year. It will finally provide foreign investors with clarity on doing business in the country as it tries to shake off a reputation for opaque and arbitrary justice.
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21 Nov 2023. The Sam Altman saga continues! Sam Altman, the co-founder and CEO of OpenAI who many considered to be the leader of the burgeoning artificial-intelligence revolution, was fired by the company's board on Friday, then almost rehired over the weekend, then ultimately poached by Microsoft to run a new AI effort following a second leadership shakeup at the company. But is he really gone for good? We'll discuss the latest. Dubai Taxi Company will offer up to 24.99 per cent stake in an initial public offering, after being set up as a public joint-stock company as part of Dubai's push to broaden its capital markets. We'll speak to the company's CEO - Mansoor Rahma Alfalasi. Plus, we'll cross live to Kenya to speak to Fati N'Zi-Hassane, Director of Oxfam in Africa about how the richest 1% of humanity is responsible for more carbon emissions than the poorest 66%. Finally, we'll hear from the man bringing baseball diplomacy to the UAE - Kash Shaikh.
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Sam Altman may be on the verge of a dramatic comeback at OpenAI, the artificial intelligence company that created ChatGPT. Altman was fired by the board of directors on Friday – but multiple media reports suggest that investors including Microsoft want him back. We’ve got the latest analysis from Nancy Gleason, Director of the Hilary Ballon Center for Excellence in Teaching and Learning at NYUAD, and Associate Professor of Practice, Political Science, New York University Abu Dhabi on whether Altman’s a hero or a villain. In the lead up to National Day we look at what the UAE's job market is looking like and where the country has reached in its Emiratization efforts with Talib Hashim, Managing Director of TBH Advisory and Partner in Sdara. Plus, we speak to Zhann Jochinke, COO, Property Monitor + Director of Market Intelligence & Research at Cavendish Maxwell on Dubai property transactions setting a new annual record. Finally, the Coca-Cola Arena is hosting more business conferences, pivoting from its usual diet of concerts and entertainment events - we speak to Mark Jan Kar, General Manager, Coca-Cola Arena to tell us more.
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We’ve got the latest from Ed Bell, Senior Director, Market Economics, Emirates NBD on what’s moving the markets as we head towards the weekend. Plus, it’s part two of our interview with Tony Douglas, CEO, Riyadh Air talking about Saudi Arabia's start-up airline Riyadh Air which is set to place an order for narrow-body aircraft in the next few weeks. We’ll also hear from Paul Kelly, Operations Director, Allsopp & Allsopp on the rental market which has remained robust, with 40,840 transactions. Apartment rentals have dominated, while villa and townhouse rentals have also seen significant activity. Finally, we hear from Danny Van Otterdijk, Chief Communications Officer, DP World for day two of the season-ending DPWTC at JGE.
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Joe Biden and Xi Xinping held several hours of talks in San Francisco, on the sidelines of the APEC meeting. Biden said “the planet is big enough for both of us to succeed” whilst also addressing economic ties with China. We’ll have the latest analysis on that with Ed Bell, Senior Economist at Emirates NBD. As we broadcast live this week from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport, we’re celebrating the company's 10th anniversary amidst the Dubai airshow. Etihad Airways CEO Antonoaldo Neves, joined the Business Breakfast as he pledged to triple the number of passengers by the end of the decade. Plus, Tero Taskila, CEO, Beond - the newly established luxury airline that has showcased its first passenger plane at the Dubai Airshow explained how they’re about to launch their first flights from Riyadh, Zurich and Munich to the Maldivian capital, Male. We also hear from Riyadh Air CEO, Tony Douglas who’s set to place an order for narrow-body aircrafts within the next few weeks.
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On the Bitesize podcast today we’re broadcasting live from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport celebrating the company’s 10th anniversary during the week of the Dubai Airshow. Brandy spoke to His Highness Sheikh Ahmed Bin Saeed Al Maktoum - CEO and founder of Emirates Group at his semi-annual round table and began by asking after the massive wide body order, will they now buy narrow body? Plus, Paul Griffiths, CEO of Dubai Airports exclusively revealed to the Business Breakfast that they are set to match and even exceed pre-pandemic passenger traffic. Ghaith Al Ghaith, CEO of flydubai gave us the latest about their order for 30 Boeing 787-9 Dreamliners worth $11 billion (Dh40.37 billion) at the Dubai Airshow. Finally, Peter Van Driel, CFO, ADNOC Gas told us about their quarterly net income of $1.1billion.
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We’ve got the latest on Salik reporting its highest Q3 revenue since the toll gates went live. Revenue was up more than 14 per cent, as the number of registered vehicles and revenue generating trips grew. However, Salik net profit for the first nine months fell, despite higher revenue. The company said this was due to changes to the operating structure, which meant it was hard to compare the performance on a like for like basis with last year. Meanwhile, Emirates and FlyDubai ordered more than $60 billion of new planes on Day One of the Dubai Airshow. Richard has an exclusive interview with Sir Tim Clark, President, Emirates Airlines - Emirates airline announced an order for 95 Boeing aircraft at a value of $52 billion. Plus, we’ll hear from Faheem Aziz, Chief Executive Officer, Safa Capital, as today is the latest day for Dubai listed companies to report their Q3 earnings. Finally, we’ll hear from Shiraz Khan, Head of Taxation, Al Tamimi & Co on the UAE ministry of finance announcing new corporate tax decisions for companies in free zones.
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We’re broadcasting live from DC Aviation Al Futtaim's VIP Terminal at Al Maktoum International Airport all this week, celebrating the company's 10th anniversary. On today’s Bitesize podcast we’ve got the latest from Sameer Lakhani, Managing Director, Global Capital Partners, on the Dubai Taxi IPO announced this morning. Just under 25 per cent of the company’s shares will go on sale from the 21st of this month, with a minimum subscription of 5 thousand dirhams. We’re also speaking to Aviation expert Nick Humphrey and ask what we're likely to see in the way of new orders and announcements from this year's airshow. We’ll also hear from private jet guru Holger Ostheimer, Managing Director of DC Aviation Al-Futtaim on exactly what it’s like in the private terminal. Finally, we speak to AC Milan CEO Giorgio Furlani about the opening of Casa Milan Dubai, the new home of the Rossoneri in The Middle East.
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