Abu Dhabi, UAESaturday 20 July 2019

Business Extra: Ghadan 21 stimulus latest and five oil outcomes from Iran-US tensions

We discuss the latest raft of initiatives designed to lift Abu Dhabi's private sector activity and also ask where oil prices could go from here

Mustafa Alrawi, Assistant Editor in Chief, hears from Rashed Al Bloushi, Under Secretary of the Department of Economic Development about what Ghadan 21 is all about on the day nine new initiatives were announced outlining R&D investment, electricity tariff discounts, business licensing for technology and state-backed bank loans for SMEs.

Kelsey Warner, Assistant Business Editor also joins the discussion about what the outlook for Abu Dhabi's economy will be, going into 2020.

Also, amid regional tensions and the US-Iran stand-off, The National’s energy columnist Robin Mills – CEO of Qamar Energy, and author of The Myth of the Oil Crisis – has five possible outcomes for oil markets.

In this episode:

- Headlines (48 seconds)

- Rashed Al Bloushi on Ghadan 21 (4 minutes 20 seconds)

- Robin Mills on oil markets (21 minutes 28 seconds)

Updated: June 26, 2019 08:46 AM

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