Abu Dhabi, UAEThursday 27 June 2019

Business Extra podcast: Apple's second bite at content and a robust economic picture for Abu Dhabi

Zahabia Gupta from S&P Global Ratings explains why we will start to feel a pick-up now

Apple's senior vice president of Software Engineering Craig Federighi talks speaks during Apple's Worldwide Developer Conference (WWDC) in San Jose, California on June 3, 2019. AFP
Apple's senior vice president of Software Engineering Craig Federighi talks speaks during Apple's Worldwide Developer Conference (WWDC) in San Jose, California on June 3, 2019. AFP

Apple will break up iTunes into Apple Music, Apple Podcasts and Apple TV as it revamps how it delivers content.

Host Mustafa Alrawi, assistant editor in chief, and Kelsey Warner, assistant business editor, explain what the US company's changes could mean for its own future, as well as that of the media and technology landscape and not least, consumers.

Zahabia Gupta, Associate Director, Sovereign and International Public Finance Ratings at S&P Global Ratings, is in the the studio to talk about the ratings agency's latest report on Abu Dhabi’s economic outlook which says that growth will will average 2.5 per cent over the next three years, before rising to 3 per cent off the back of increased government spending and higher oil production.

Zahabia runs through the potential risks to S&P's assessment for Abu Dhabi – both to the upside and downside.

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Updated: June 5, 2019 06:19 PM

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