Business Extra

Behind the scenes at Davos 2020: Business Extra podcast

Assistant editor-in-chief Mustafa Alrawi dials in from the World Economic Forum's 50th annual meeting

The World Economic Forum's 50th Annual Meeting is underway in the Swiss ski resort of Davos-Klosters in the Alps. This year's theme: 'Stakeholders for a sustainable and cohesive world'.

Assistant editor-in-chief Mustafa Alrawi dials in from the sidelines to discuss US president Donald Trump's speech on the opening day, the meaning of this year's theme and who the most talked-about guests are, as well as what to expect from the rest of the week ahead.

In this episode: The Trump Speech (0m 39s) What's the theme? (7m 25s) Davos atmosphere (14m 15s) Headlines (20m 06s) Read more on our website:

• Oil unlikely to post major gains in 2020, S&P Global Platts chief says

• Google CEO calls for aligned AI regulation as US and EU plans diverge

Sholto Byrnes on Myanmar politics
Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

COMPANY PROFILE

Company name: HyperPay

Started: 2014

Founder: Muhannad Ebwini

Based: Riyadh, Saudi Arabia

Industry: FinTech

Funding size: $55m

Investors: AB Ventures, Amwal Capital, INet, Mada VC, Mastercard, SVC

 

 

Main report
What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

Barings Bank

Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal.

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson.

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
New schools in Dubai
Zayed Sustainability Prize
On Women's Day
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

The five pillars of Islam
Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000