Rising protectionism and technology are changing the shape of trade. To capitalise on emerging dynamics, unprecedented global cooperation is needed - with the UAE at a critical hub.
This is according to Feryal Ahmadi, chief operating officer of Dubai's trade free zone at the Dubai Multi Commodities Centre, who joins co-hosts Kelsey Warner and Mustafa Alrawi this week.
Ms Ahmadi maps out scenarios for how trade will develop in the 2020s based on DMCC’s research and interviews with experts across eight key trade hubs including Dubai, Houston, Shenzhen, Silicon Valley and Zurich.
DMCC, which oversees the trading of commodities from pulses to diamonds, has 17,500 member companies in its free zone.
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In this episode
- Dynamics remapping trade (0m 40s)
- Opportunities for the UAE (3m 41s)
- Recommendations for businesses and governments (9m 38s)
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
Leap of Faith
Michael J Mazarr
Public Affairs
Dh67
yallacompare profile
Date of launch: 2014
Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer
Based: Media City, Dubai
Sector: Financial services
Size: 120 employees
Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
MATCH INFO
Kolkata Knight Riders 245/6 (20 ovs)
Kings XI Punjab 214/8 (20 ovs)
Kolkata won by 31 runs