225 episodes

As one of the world's most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National's esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.

Business Extra The National UAE

    • Investing
    • 5.0 • 5 Ratings

As one of the world's most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National's esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.

    Can the reality of the electric vehicle market justify the hype?

    Can the reality of the electric vehicle market justify the hype?

    The year 2020 has been declared a “breakthrough” one for electric vehicles, with sales of EVs up around the world, even in the petrol-happy US.

    With tax breaks, new infrastructure plans and Covid-related discounts on zero-emission autos, the market may be at a “tipping point”, according to the World Economic Forum.

    But host Mustafa Alrawi, assistant editor-in-chief, says not so fast.“There’s hype everywhere you look,” he wrote in The National last week, and argued the market is not that much different from other speculative assets such as NFTs, Bitcoin and Spacs.He and co-host Kelsey Warner unpack the fundamentals of supply and demand, the technology being developed in the broader transport sector and how shareholder value is being affected by EV euphoria.


    In this episode:The hype around EVs (0m 57s)What is an EV disrupting? (4m 36s)AVs and EVs (7m 02s)Buying into the hype (12m 56s)Read more on our website:


    • US stock market bulls will crush the bears – again


    • Why GM’s plan to phase out combustion engine cars by 2035 matters


    • Intel to manufacture chips for cars to address US shortage


    • Cruise to unveil its driverless robotaxis in Dubai in 2023


    • The future of the daily commute: how going to work is set to improve city life


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    • 17 min
    Understanding the life sciences and genomics revolution

    Understanding the life sciences and genomics revolution

    More than a century in the making, a genomics revolution is now unfolding. The extent of the Covid-19 outbreak has prompted nations and biotech companies to pour billions of dollars and emergency resources into the field, spurring it to new heights of potential. Within a month of the first novel coronavirus case reported in Wuhan, the 29,903 letters that make up the pathogen’s genome were published online.Now, more than a year later, researchers around the world are scrutinising the genetic markers of the virus, helping public health workers at nearly every layer of pandemic response, from contact tracing to surfacing treatments. Last month, Abu Dhabi strategic investment fund Mubadala announced it would invest $1.1 billion in UK life sciences businesses to boost the sector after the pandemic.To explain the science and investment opportunity for the flourishing field, host Kelsey Warner is joined by Damien Ng, a research analyst at Swiss wealth management firm Julius Baer.In this episode:The life sciences and genomics revolution spurred by Covid-19 (0m 40s)What is genomics? (2m 16s)What are the investment opportunities? (5m 10s)Health data and privacy (15m 50s)Read more on our website:


    • UAE and UK sign £1bn deal to invest in life sciences


    • Coronavirus: why quickly mapping the viral genome was ‘extraordinary’ and what's next


    • Coronavirus explained: Why experts say more countries need to search for new Covid-19 mutations


    • Omics gene-sequencing lab in Abu Dhabi to revolutionise health care


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    • 21 min
    How to build and keep trust post-Covid-19

    How to build and keep trust post-Covid-19

    Attitudes of trust towards governments, employers, chief executives, the traditional media and social media companies have been in flux over the past 12 months. Globally, employers have become more trusted than any other institution, according to the 2021 Edelman Trust Barometer index.

    In the UAE, government is the most trusted. For all, however, the experience of Covid-19 has included increased and more consistent communication to get us through the health crisis safely. This has set a new benchmark, and for those who want to build trust – or those who want to maintain high levels – they will need to keep up with heightened expectations from people who have been through a lot.

    Host Mustafa Alrawi, The National's assistant editor-in-chief, and co-host Kelsey Warner, Future editor, discuss changing attitudes to trust with Edelman's Middle East chief executive, Omar Qirem.


    In this episode:Tracking trust this year (0m 48s)Who ranks the highest on the Edelman Trust Barometer? (2m 01s)Saving lives with communication (5m 08s)Tactical advice for CEOs on building trust (11m 42s)Read more on our website:


    • Covid-19 vaccine acceptance rate in UAE one of the highest in the world, new survey shows


    • Public trust in government drops during era of ‘information bankruptcy’


    • Amid coronavirus, public trust will be a company's most precious commodity


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    • 15 min
    How TikTok is capitalising on its own 15 seconds of fame

    How TikTok is capitalising on its own 15 seconds of fame

    "We want to inspire creativity and create joy." That's what it's all about at TikTok, according to Shant Oknayan, general manager for the Middle East, Turkey, Africa and Pakistan region at the social media platform's parent company ByteDance.

    As the wildly popular short-form video sharing app grows, Mr Oknayan tells The National it has no plans to grow up. The joyful content its users generate is big business for advertisers. He says influencers have a major role to play for companies looking to sell products, and audiences are growing rapidly here in the Middle East. Top TikTok influencers in the GCC increased their follower count by an average of 65 per cent between February and August 2020, according to data analytics company Anavizio.

    Mr Oknayan also answers questions about how the platform is moving on from lockdown, how TikTok seeks to differentiate itself from other social media companies and how user privacy and disinformation is addressed.


    In this episode:TikTok's journey (0m 35s)Why is TikTok different? (3m 12s)How are advertisers using TikTok? (5m 05s)TikTok and content moderation (12m 01s)The evolution of TikTok (14m 38s)Read more on our website:


    • Risky behaviour rapped as Gen FinTok gets caught up in investment mania


    • How to use Instagram Reels: new feature has launched in the Middle East


    • Tesla founder Musk denies technology in company's cars would be used for spying


    • Veronica Etro on the future of fashion: 'Now it's about doing less, but doing it better'


    Subscribe to Business Extra for free to receive new episodes every weekApple Podcasts | Google Podcasts | Audioboom | Spotify | RSS

    • 20 min
    Cleveland Clinic Abu Dhabi CEO on Covid-19 vaccines and return to 'normal'

    Cleveland Clinic Abu Dhabi CEO on Covid-19 vaccines and return to 'normal'

    Cleveland Clinic Abu Dhabi has been on the front line of the capital’s pandemic response and is at a critical juncture as it appoints a new chief executive. Dr Rakesh Suri, the hospital’s current CEO, hands over the reins this month to his chief of staff, Dr Jorge Guzman. Dr Suri will return to Ohio to head up Cleveland Clinic’s international operations.They both join co-hosts Mustafa Alrawi and Kelsey Warner to talk about what they have learnt from the pandemic and the future vision for the hospital. Dr Suri shares advice on Covid-19 vaccines and Dr Guzman predicts when a sense of “normal” might return.In this episode:Cleveland Clinic's leadership transition (0m 51s)Dr Suri's reflects on the past year (1m 57s)Acceleration of high-end medical care (4m 50s)Dr Guzman's ambitions as the new CEO (9m 15s)When will we go back to pre-COVID normal? (17m 54s)Read more on our website:


    • Cleveland Clinic Abu Dhabi appoints new chief executive


    • Coronavirus: How Cleveland Clinic Abu Dhabi is fighting Covid-19


    • UAE wants Emiratis to have their genes sequenced to help health fight


    Subscribe to Business Extra for free to receive new episodes every weekApple Podcasts | Google Podcasts | Audioboom | Spotify | RSS

    • 20 min
    Anghami co-founder on building Spotify’s rival in the Arab world

    Anghami co-founder on building Spotify’s rival in the Arab world

    Anghami, Spotify’s rival in the Arab world, will be the first regional technology start-up to list in New York by merging with a blank-cheque company in the second quarter of 2021.

    Anghami co-founder and chief technology officer Elie Habib tells The National's Mustafa Alrawi and Kelsey Warner how the streaming service is changing the music scene in the Middle East. He also talks about Anghami's plans to use its SPAC listing to propel its next phase of growth and that moving to Abu Dhabi is a natural part of its technology-led evolution.In this episode:What are SPACs? (1m)Start of interview (4m 23s)Where did Anghami come from? (5m 26s)Why Anghami went the SPAC route (10m 56s)How was Anghami valued? (14m 44s)Where is the future of growth for Anghami? (17m 24s)How to you compete with piracy? (23m 26s)Rising competition (28m 57s)
    Innovation and tech in Anghami's future (31m 35s)


    Read more



    Middle East music streaming service Anghami set to list on Nasdaq


    QuickTake: Why the rising popularity of SPACs bodes well for venture-backed businesses


    Masayoshi Son's fortunes on the rise amid SoftBank share rally and SPACs boom

    • 35 min

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