Bitesize Business Breakfast Podcast

03 April 2023. Oil surged 5% in early Asian trade after OPEC+ announced production cuts of more than a million barrels a day - we get reaction from economist Daniel Richards of Emirates NBD & former oil broker Matt Stanley (currently of Kpler). Plus, which professions are the most and least reliable? We hear from Nigel Sillitoe of Insight Discovery and their latest survey. And, Thomas Pramotedham, CEO, Presight AI joined us to discuss his company's success after announcing their listing on the ADX. 

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31 March 2023. The UAE will announce petrol prices for April tonight, so we asked Amena Bakr of Energy Intelligence Group what might determine the prices and whether they will go down. Plus, as Goldman Sachs says 300 million jobs will be hit by AI, we speak to economist Jason Schenker, author of “Jobs for Robots - Between Robocalypse and Robotopia”. And, we try to twist the Gwyneth Paltrow trial into a business story. Did we succeed?

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30 March 2023. All eyes have been on the banking sector worldwide after the collapse of SVB over in America and UBS stepping in to help Credit Suisse over in Switzerland. While it cannot be called a crisis yet, we asked KPMG what this means for the UAE banking sector. Abbas Basrai, is a Partner and Head of Financial Services at KPMG Lower Gulf. Plus, We'll hear from venture capitalist Arjun Sethi on the current state of things for start-ups.And, in light of that Goldman Sachs report and Tech CEO letter, just how much is AI going to impact the job market in the future? We ask Oscar Orellana-Hyder, Head of Financial Services, Robert Walters Middle East.

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29 March 2023. ADNOC has signed a $2 billion deal with BP to invest in Israeli gas. This comes as UAE and Israel signed a deal to reduce customs duty in a bid to boost bilateral trade. We spoke to Keren Uziyel, Senior Analyst & Country Risk Service Manager, Middle East & Africa, Economist Intelligence about the significance of these deals. Plus, Israel economist Keren Uziyel joined us live, with the latest on the economic impact of street protests in Tel Aviv. And, can you ban Binance? US regulators are trying to but Irina Heaver the Crypto Lawyer says otherwise. 

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28 March 2023. Shares of Presight AI soared 143% on their stock market debut in Abu Dhabi. We discussed the company's performance and just what they do. Plus, yesterday, Al Ansari Exchange priced its IPO at the top end of the range, valued at Dhs7.7 billion. We spoke to Rashed Ali Al Ansari live on air about how the family run company is preparing for their listing. And, we talk IPL with Maaz Sheikh after Starzplay acquired streaming rights for the tournament. 

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27 March 2023. Some schools in Dubai are notifying parents that fees will go up from the 2023-24 academic year while some have informed parents that they will not be hiking fees. We spoke to David Westley of Which Media - what he made of these announcements. Plus, we talk gold - from the sharp increase in prices with John Reade of the World Gold Council, to the TV show about the famous London gold heist with gold expert Jeff Rhodes. 

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24 March 2023. As the Holy Month of Ramadan gets underway, we asked Talib Hashim of TBH advisory what he expects to see during the month with hiring but he also explained why jobseekers should never turn down an invite to Suhoor. Plus, the CEO of TikTok has defended the Chinese social media company in a 5-hour testimony to US Congress. Dubai media lawyer Dino Wilkinson gives us his take on the TikTok controversy in the US. And, the Bank of England governor says current bank woes are NOT a repeat of 2008. 

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23 March 2023. Jay Powell announced the decision to raise rates by 25 basis points and the UAE Central Bank immediately followed suit; the base lending rate here is now 4.9%. We spoke to investment expert Keith Fitzgerald in Seattle to ask what he made of this decision and Ed Bell of Emirates NBD about what this means for us in the UAE. Plus, what does this mean for the property market in the UAE? We ask John Lyons of Espace Real Estate. And, we talk about the rise in demand of luxury commodities with Massimo Vidoni, The Truffleman of Dubai, Importer and supplier of top fresh Truffle & Caviars, Founder of ITALTOUCH. 

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22 March 2023. Markets are pricing in a 25 basis point rate hike by the Federal Reserve tonight so we asked Ed Bell, Senior Director - Market Economics at Emirates NBD what they will be looking out for in Jay Powell's speech. Plus, the boss of Emirates Airline has urged India to boost landing slots between the UAE and India but the country's aviation minister issues a firm ‘no’. We asked aviation expert Vinamra Longani, what he made of the recent comments coming out of the aviation conference in Delhi. And, we look at what the IMF bailout will mean for the Sri Lanka economy with Rohan Samarajiva of LIRNEAsia.

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21 March 2023. We cross live to San Francisco where our correspondent is Brandy Scott! She’s meant to be there on holiday, but has of course been covering the banking crisis. We also hear from Dr. Stefan Gerlach, chief economist at EFG Bank in Zurich & Steve Brice, Group Chief Investment Officer at Standard Chartered Private Bank about whether this is similar to the banking sector collapse of 2008 with the Lehman Brothers. Plus, we talk about the oil leak in Kuwait that has led to a state of emergency in the country with Matt Stanley of Kpler.

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