Moody's warns that some UAE insurance companies face financial pressure flood claims.
25 Apr 2024. We speak to the guys at Al Futtaim Automotive as they've seen a surge in demand for pre-owned SUVs, after last week's wild weather. We also find out what the supercell storm means for the balance sheets of insurance companies themselves - and their ratings - Moodys has a new report. Pl…
Did employers do the right thing during last week's floods?
24 Apr 2024. We get reaction from Daniel Richards, Senior Economist, Emirates NBD about the UAE and Oman signing investment deals worth Dhs 129 billion during this week’s visit by Oman’s Sultan Haitham. We also hear from Dubai based HR expert - Sarah Brooks, Managing Director, Fikrah HR, who says s…
The Central Bank instructing insurance companies to pay up for flood damage.
23 Apr 2024. We speak to Sonny Ridgewell, Managing Director of insurance brokers- Beneple - about the number of motor claims expecting to exceed AED 1 billion following last week's floods. We also get his reaction to the latest news from The UAE Central Bank as they're instructing insurance compan…
How have the recent storms impacted the local insurance industry?
22 Apr 2024. We have the latest on the aftermath of last week's flood as Sheikh Hamdan bin Mohammed approves sweeping measures to address the impact of the rains. We also discuss the latest on the economic impact with the insurance experts at S&P and what that means for the local insurance industry…
How have floods impacted businesses across the UAE?
19 Apr 2024. We have a special edition of the Bitesize podcast today as we hear from a variety of businesses to find out how they're faring in the aftermath of the floods. First, we hear from Dubai airports CEO, Paul Griffiths, who gives us the latest updates for DXB passengers and when we can expe…
What can you do if your car has been damaged by the floods?
18 Apr 2024. We've got the latest on the aftermath of the recent floods as we speak to Cafu COO Ryan Rogers. We also speak to one repair garage who've been inundated with water-damaged cars after the recent storms. Plus, we'll hear from an insurance lawyer about potential payouts for this week's st…
What the storms mean for the insurance industry & claimants?
17 Apr 2024. We look at the impact of wild weather and what could it mean for the insurance industry with various experts: AFIA Insurance Brokerage Services LLC, octopus & GIG Gulf. Plus, we speak to the CEO of Spinneys, Sunil Kumar, about the company's growth plans on the back of its IPO announcem…
Spinneys is to go public.
16 Apr 2024. We have the latest on the news that Spinneys is to go public, selling 25% of its shares before listing on the DFM. Plus, as the IMF spring meetings kick off in Washington, we speak to one economist in the thick of the action: IMF veteran Masood Ahmed. And, after Eid Al Fitr saw flight …
Could you get cash back for school fees?
15 Apr 2024. We find out what's moving the markets this week amidst increased regional tension with Ed Bell, Senior Director of Emirates NBD. As Abu Dhabi considers a takeover bid for BP, we speak to energy expert Christoph Ruhl of Columbia University. We also speak to the new real estate company g…
Can you still get good deals booking flights last minute?
05 Apr 2024. The value of bank transfers in the UAE reached Dhs1.5 trillion in January, according to Central Bank data. That’s up 24% from a year earlier.” So, what does this tell us about the health of the banking sector and the wider economy? Emirates Development Bank has hit a major milestone in…