Bitesize Business Breakfast Podcast Dubai Eye 103.8
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- Business
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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Taxi fares rise in May after petrol price increased.
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 Conor McHugh, Founder, Alchemy Search about why they've seen a lot of jobseekers securing roles in Q1 and who's hiring. Plus, we discuss the news that Dubai Duty Free CEO Colm McLoughlin is set to retire after 41 years with the organisation.
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Emirates boss Sheikh Ahmed hints at record profit for the airline.
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 impact of the rains to the new Al Maktoum Airport. And, we hear from the DIFC as they expect an influx of new firms this year.
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How are Etihad Airways planning to grow passengers by 30% this year and next?
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, we'll find out about Hilton's plans for expansion in the Middle East with their president Guy Hutchinson.
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The Arabian Travel Market gets underway.
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 last year. And we talk social media with the regional boss of Snapchat - global revenue surged 21% this year, but what about the Middle East?
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UAE private sector growth falls to 8 month low on heavy rains.
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 team from JM Foods in Dubai. As extreme weather around the world messes with events - we find out how the industry is coping with TEC boss Natalie Crampton. And, the UAE has increased its oil production capacity - we speak to oil expert Amina Baker.
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Spinneys raises 375 million dollars in IPO.
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 hand cars ... and how to avoid buying one that's taken a bath if you're in the market. That's with Glenn Harwood of AlgoDriven. Plus, with the 9% profit tax looming ever closer, we talk tax with John Casey of Virtuzone.
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