Business Extra: Impact of coronavirus on global economy and state of start-ups in Mena



We are at peak hysteria over the coronavirus outbreak in China with equity and commodity markets reacting to fears it could impact economic growth in the world’s second largest economy.

This week from The National's newsroom in Abu Dhabi host Mustafa Alrawi, assistant editor in chief, and future editor, Kelsey Warner are joined by Phil Bahoshy, chief executive of Magnitt, which describes itself as MENA's most powerful start-up platform.

In this episode: The Coronavirus effect (0m 29s) Sharjah taps into gas (7m 33s) What is Magnitt? (9m 00s) Headlines (21m 56s) Read more on our website:

• Coronavirus: Past mistakes and emerging tech mean this outbreak will be different

• Sharjah reveals first new onshore natural gas discovery in three decades

• Finablr shares tumble after it says half of its stock pledged as collateral for Travelex debt

• Ethiopia's reformist leader Abiy Ahmed woos private sector investors to fuel economic growth

Company%20Profile
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Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

The Disaster Artist

Director: James Franco

Starring: James Franco, Dave Franco, Seth Rogan

Four stars

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
if you go

The flights

Etihad flies direct from Abu Dhabi to San Francisco from Dh5,760 return including taxes. 

The car

Etihad Guest members get a 10 per cent worldwide discount when booking with Hertz, as well as earning miles on their rentals (more at www.hertz.com/etihad). A week's car hire costs from Dh1,500 including taxes.

The hotels

Along the route, Motel 6 (www.motel6.com) offers good value and comfort, with rooms from $55 (Dh202) per night including taxes. In Portland, the Jupiter Hotel (https://jupiterhotel.com/) has rooms from $165 (Dh606) per night including taxes. The Society Hotel https://thesocietyhotel.com/ has rooms from $130 (Dh478) per night including taxes. 

More info

To keep up with constant developments in Portland, visit www.travelportland.com

 

COMPANY%20PROFILE
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Intercontinental Cup

Namibia v UAE Saturday Sep 16-Tuesday Sep 19

Table 1 Ireland, 89 points; 2 Afghanistan, 81; 3 Netherlands, 52; 4 Papua New Guinea, 40; 5 Hong Kong, 39; 6 Scotland, 37; 7 UAE, 27; 8 Namibia, 27


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