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☆ Dan Murphy: Find yourself a mentor who can turn your ambition into achievement
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDan Murphy: Find yourself a mentor who can turn your ambition into achievement"It's the lowest risk, highest reward career move you can make." CNBC International Anchor & Correspondent Dan Murphy discusses the value of finding a good mentor and what ambition means to him.

Persons: Dan Murphy Organizations: CNBC, Anchor

☆ Emirates' chairman has a message for Boeing: 'Get your act together'
▼ + stars: | 2024-05-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

With 245 passenger planes and five 778 freighters on order, Emirates is Boeing's largest customer in terms of wide-body jets. Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Al Maktoum, who sits at the helm of the world's largest long-haul airline and helped launch it in 1985, echoed the sentiments of many other airline CEOs when it comes to expectations for Boeing. Asked if he had a message for the plane maker, Al Maktoum said: "I always say, you know, get your act together and just do it. The chairman did not indicate that Emirates would cancel the Boeing orders or move them to its French rival, Airbus .

Persons: We're, it's, Sheikh Ahmed bin Saeed Al Maktoum, CNBC's Dan Murphy, Bauer, Griffin, Al Maktoum Organizations: United Arab Emirates, Dubai's, Emirates, Arabian, Boeing, Los Angeles, Airport, Aaronp, CNBC, Airbus, Alaska Airlines Flight, National Transportation Safety Board, NTSB, Reuters Locations: DUBAI, United Arab, Dubai, Emirates, Los, Alaska, Portland , Oregon, U.S

☆ Global policymakers gathered in Tbilisi for the Asian Development Bank's Annual Meeting
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal policymakers gathered in Tbilisi for the Asian Development Bank's Annual MeetingGlobal policymakers gathered in Tbilisi for the Asian Development Bank's Annual Meeting. CNBC's Dan Murphy reports.

Persons: CNBC's Dan Murphy Organizations: Global Locations: Tbilisi

☆ Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves
▼ + stars: | 2024-05-03 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, Saturday, May 13, 2023. "When there is an excessive movement, it may be necessary to smooth it out," he told CNBC's Dan Murphy, according to a translation. Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions that started to impact households and companies. The finance minister declined to comment when asked whether current levels for the yen were appropriate. In the last few decades, while other global central banks have tightened their policies, Japan had maintained its ultra-loose strategy.

Persons: Shunichi Suzuki, CNBC's Dan Murphy, they've, Nicholas Smith Organizations: Toki, Japanese Finance, CNBC Locations: Niigata, Japan, Tbilisi , Georgia, propping

☆ Georgia rocked by protests over ‘foreign agent' bill
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeorgia rocked by protests over ‘foreign agent' billProtests erupted in Tbilisi after parliament advanced the "foreign agent" bill, mirroring a similar law in Russia. The proposed law could potentially complicate Georgia's efforts to join the EU. CNBC's Dan Murphy reports.

Persons: CNBC's Dan Murphy Organizations: Georgia, EU Locations: Tbilisi, Russia

☆ China still seeing growth despite challenges, ADB chief economist says
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina still seeing growth despite challenges, ADB chief economist saysAlbert Park, chief economist at the Asian Development Bank, speaks to CNBC's Dan Murphy at ADB's annual meeting about the economic challenges China is facing.

Persons: Albert Park, CNBC's Dan Murphy Organizations: China, ADB, Asian Development Bank Locations: China

☆ Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ
▼ + stars: | 2024-05-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates. DUBAI — Abu Dhabi artificial intelligence firm Presight bought a 51% stake in AIQ, a joint technology venture between the Abu Dhabi National Oil Company (ADNOC) and G42, a major Abu Dhabi-based AI and cloud company. The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release. ADNOC will in turn get a 4% stake in Presight, as it aims to integrate AI into more of its operations and services. AIQ uses AI and machine learning to improve processes in the oil and gas industry.

Persons: Presight, ADNOC, CNBC's Dan Murphy, Chris Cooper, We've, Cooper Organizations: United, United Arab Emirates, Abu Dhabi National Oil Company Locations: Harbour, Abu Dhabi, United Arab, DUBAI, AIQ, Presight, ADNOC

☆ Watch CNBC's full interview with OPEC Secretary General Haitham al Ghais
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with OPEC Secretary General Haitham al GhaisHaitham Al Ghais, OPEC Secretary-General, speaks to CNBC's Dan Murphy the World Economic Forum in Riyadh about OPEC’s response to the war in Gaza, Iran sanctions and other major energy issues.

Persons: Haitham al, Al, CNBC's Dan Murphy Organizations: World Economic Locations: Al Ghais, Riyadh, Gaza, Iran

☆ Only the U.S. has the ability to break the cycle of violence in Gaza, Egyptian foreign minister says
▼ + stars: | 2024-04-29 | by ( Emma Graham | ) www.cnbc.com time to read: +1 min

Egypt's Foreign Minister Sameh Shoukry called on the U.S. to leverage its influence over Israel to prevent further bloodshed in Gaza. Speaking to CNBC's Dan Murphy on Sunday at a World Economic Forum meeting in Riyadh, Saudi Arabia, he said "only the United States has the overall ability to influence conditions, and to motivate all sides concerned to find the point of convergence, and to be able to break the cycle of violence." His words echoed other Arab leaders at the WEF meeting who believe that ending the war in Gaza falls on the United States. Shoukry pushed Washington to "leverage their ability to provide incentives, but also to indicate consequences for the lack of achievement or the lack of progress in the cessation of hostilities." Hamas is reportedly reviewing Israel's latest Gaza cease-fire proposal and a delegation from the group is scheduled to visit Cairo on Monday for talks, according to a Hamas official who spoke to Reuters.

Persons: Sameh Shoukry, CNBC's Dan Murphy, Shoukry Organizations: Egypt's, Reuters Locations: Israel, Gaza, Riyadh, Saudi Arabia, United States, Washington, Cairo

☆ JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says
▼ + stars: | 2024-04-29 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

JPMorgan's calls for a "reality check" on the world's energy transition goals and pathway is a "sensible," the UAE's energy minister told CNBC. "We need always, whenever we put up predictions, especially long term ones, to have a reality check," Suhail Al Mazrouei told CNBC's Dan Murphy in Riyadh, Saudi Arabia on the sidelines of the World Economic Forum. In a recent note to client, JPMorgan warned that the world needed a "reality check" on its efforts to move from fossil fuels to renewables, pointing out that it could take "generations" to reach net-zero targets. "I think it's a very sensible article," said Al Mazrouei. The minister, however, highlighted that the circumstances and financial capabilities of each country on undertaking the energy transition goals will vary.

Persons: Al Mazrouei, CNBC's Dan Murphy Organizations: CNBC, Economic, JPMorgan Locations: Riyadh, Saudi Arabia, Ukraine

☆ Watch CNBC's full interview with Egypt's foreign minister on the war in Gaza
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Egypt's foreign minister on the war in GazaEgypt's foreign minister, Sameh Shoukry, speaks to CNBC's Dan Murphy at the World Economic Forum in Riyadh about cease-fire talks between Israel and Hamas and Egypt’s humanitarian aid efforts.

Persons: Sameh Shoukry, CNBC's Dan Murphy Organizations: Economic Locations: Gaza, Riyadh, Israel

☆ Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
▼ + stars: | 2024-04-29 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. "All projects are moving full steam ahead," Faisal Al Ibrahim told CNBC's Dan Murphy on Monday at the World Economic Forum's special meeting in Riyadh. "We set out to do something unprecedented and we're doing something unprecedented, and we will deliver something that's unprecedented." Al Ibrahim stressed that the projects would be delivered according to plan, but with the qualification that decisions were being made for "optimal economic impact." "We see feedback from the market, we see more interest from the investors and we'll always prioritize to where we can optimize for optimal economic impact," he said.

Persons: Faisal Al Ibrahim, CNBC's Dan Murphy, Al Ibrahim, we'll Organizations: Bloomberg, Saudi, NEOM, Public Investment Fund Locations: Saudi, Riyadh

☆ All projects are moving full steam ahead in Saudi Arabia, economy minister says
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll projects are moving full steam ahead in Saudi Arabia, economy minister saysFaisal Al Ibrahim, the Saudi economy minister, tells CNBC's Dan Murphy "all projects are moving full steam ahead," after reports indicate some megaprojects will be scaled back.

Persons: Faisal Al Ibrahim, CNBC's Dan Murphy Locations: Saudi Arabia, Saudi

☆ WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
▼ + stars: | 2024-04-28 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if the right economic measures are not applied. "The global growth [estimate] this year is around 3.2 [%]. "Trade will change and global value chains — there will be some more near-shoring and friend-shoring — but we shouldn't lose the baby with the bathwater ... Then we have to address the global debt situation. We haven't seen this kind of debt since the Napoleonic Wars, we are getting close to 100% of the global GDP in debt," he said. He also motioned persistent inflationary pressures and that generative artificial intelligence could be an opportunity for the developing world.

Persons: Borge Brende, CNBC's Dan Murphy, shoring Organizations: Economic, Energy Locations: Saudi Arabia

☆ Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'
▼ + stars: | 2024-04-28 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Flash floods that formed led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The deluge also closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property. Damac's Sajwani conceded there was chaos at the airport, but said the UAE had recovered much faster than other nations would have. "Fine, we get some, in one of the malls, some damage. He explained that he arrived in Dubai from London just a few hours after the rains had stopped, and visited all the major properties that belong to his company.

Persons: Hussain Sajwani, Damac's Sajwani, CNBC's Dan Murphy, it's Organizations: Damac, United, UAE, Energy Locations: United Arab, UAE, Riyadh, Saudi Arabia, Dubai, London

☆ Israel and Iran: All-out war, or measured retaliation?
▼ + stars: | 2024-04-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Atta Kenare | AFP | Getty Imageswatch nowBut a full-blown conventional war would be devastating to both sides and highly destabilizing for the Middle East. Are these tit-for-tat blows between Israel and Iran clear evidence of all-out war, or carefully calibrated retaliation strikes? "With Israel's apparent strikes on Iran today, retaliating for Iran's attack on Israel last Sunday, we now have a direct nation-on-nation hot war," he told CNBC's "Capital Connection" Friday. 'Ball is back in Iran's court'Not everyone agrees that the line into wider war has been crossed, however. Within hours of the Israeli strikes, risk assets were already on their way back down, with international oil benchmark Brent crude turning lower for the session after a brief spike.

Persons: Atta Kenare, Benjamin Netanyahu, Joe Biden, Netanyahu, Ebrahim Raisi, Clay Seigle, CNBC's, Ehud Olmert, CNBC's Dan Murphy, Olmert, Ian Bremmer, Michael Singh, Israel, Rob Casey, Casey Organizations: AFP, Getty, Washington, Rapidan Energy Group, Israeli, Military, Israel, Eurasia Group, National Security Council, Wall Street, Signum Global Advisors, Anadolu, International Atomic Energy Agency, Brent Locations: Palestine Square, Tehran, Israel, Iran, U.S, Damascus, Gulf of Oman, Hormuz, Anadolu

☆ Israel strikes Iran: NBC sources
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael strikes Iran: NBC sourcesIsrael has carried out an operation in Iran, sources tell NBC News. According to Iranian state media, drones have been shot down over Isfahan. CNBC’s Dan Murphy reports.

Persons: CNBC’s Dan Murphy Organizations: Israel, NBC Locations: Iran, Israel, Isfahan

☆ Russia is expected to grow faster than all advanced economies this year
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRussia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. In short, Russia has adapted to a "new normal" as its economy has been put on a war footing. The Washington-based IMF includes the U.S., U.K., the euro area's largest economies, Canada and Japan as advanced economies. "If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Elvira Nabiullina, Andrey Rudakov Organizations: Evraz Consolidated, Siberian Metallurgical, Bloomberg, Getty, International Monetary Fund, U.S, Sputnik, Afp, IMF, TU, CNBC, World Governments, Bank of Russia, Duma Locations: Evraz Consolidated West, Novokuznetsk, Russia, Germany, France, Ukraine, India, China, Russian, Urals, Nizhny Tagil, Washington, Canada, Japan, Europe, Asia, Kazan, Dubai, Soviet Union, Russia's

☆ Israel warns it has no choice but to respond to attack from Iran
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael warns it has no choice but to respond to attack from IranWorld leaders called for calm and an “utmost degree of restraint” in the aftermath of Iran’s large-scale air attacks on Israel. CNBC's Dan Murphy reports.

Persons: CNBC's Dan Murphy Organizations: Israel Locations: Iran, Israel

☆ Former Trump national security advisor John Bolton says Gaza war is still 'in the very early stages'
▼ + stars: | 2024-04-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Former U.S. national security advisor John Bolton believes Israel's war in Gaza is "still in the very early stages" and says it has been complicated by Iran's involvement. Framing the ongoing war between Israel and Hamas as "an Iranian war against Israel," Bolton told CNBC's Dan Murphy: "The fact that Iran has not yet been held to account for any of it, suggests that we're still in the very early stages of the war." "This is not a Gaza versus Israel war, or a Palestinian versus Israel war, or an Arab versus Israel war. This is an Iranian war against Israel, fought through terrorist proxies," he told CNBC on Wednesday. Bolton is a noted foreign policy hawk and has previously advocated for regime change by the U.S. in Iran.

Persons: John Bolton, Bolton, CNBC's Dan Murphy, we're, Israel Organizations: National Security, National Council of Resistance, U.S, Representative, Willard InterContinental Hotel, Washington , DC, Former U.S, Israel, Palestinian Islamist, CNBC, Wednesday, Bolton Locations: Iran, Washington ,, Gaza, Israel, Palestinian, Iranian, U.S, Syrian, Damascus, Tehran

☆ Qatar Airways to launch First Class, as airline courts Airbus and Boeing for new planes
▼ + stars: | 2024-03-15 | by ( Dan Murphy | ) www.cnbc.com time to read: +3 min

Al Meer confirmed to CNBC that Qatar Airways is now developing a high-yielding First Class concept for its cabins. Along with preparing its First Class proposal, Qatar Airways is redesigning its premium "Q-Suite" class of seats, and the latest offering is set to debut at the Farnborough International Airshow in July. A Qatar Airways Boeing 777 In New York. Leslie Josephs | CNBCThe new aircraft order proposal follows a major legal dispute between Qatar Airways and Airbus over safety concerns caused by paint degradation. Al Meer also said Qatar Airways would halt Al Baker's plans for a fast "phase-out" of the flagship Airbus A380.

Persons: Badr Mohammed Al Meer, Al Meer, Qatar's, Akbar Al Baker, Leslie Josephs, Max, Al Baker's Organizations: Qatar Airways, Boeing, Airbus, CNBC, International Airport, Farnborough, Qatar, Qatar Airways Boeing, Rival Emirates Locations: Al, China, India, Australia, Japan, Korea, New York

☆ Turkey opts for new tightening strategy after signaling a pause to hikes
▼ + stars: | 2024-03-15 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

A picture taken on August 14, 2018 shows the logo of Turkey's Central Bank at the entrance of its headquarters in Ankara, Turkey. Turkey's central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was over. The institution sent a directive to lenders, effective Friday, instructing them to put parts of their required lira reserves into blocked accounts. Economic data platform Emerging Market Watch posted on X, describing the central bank as taking "another tightening step via reserve requirements." "Last week the CBRT tightened restrictions on lira loan growth, a move that would likely have a similar impact to an interest rate hike."

Persons: That's, Arda Tunca, Dan Murphy Organizations: Turkey's Central Bank, Reuters, CNBC, Capital Economics, FX, Economics Locations: Ankara, Turkey, Turkey's, Istanbul, Turkish, London

☆ 10 celebrities who brought their children to the Oscars this year
▼ + stars: | 2024-03-11 | by ( Mykenna Maniece | Gabbi Shaw | ) www.businessinsider.com time to read: 1 min

Best actor winner Cillian Murphy attended the Oscars with his wife and teenage sons. Cillian Murphy and his wife, Yvonne McGuinness, followed by their sons Malachy and Aran. Emma McIntyre/Staff/Getty ImagesThe notoriously private "Oppenheimer" actor brought his wife, Yvonne McGuinness, and their sons, Malachy, 17, and Aran, 16, to the awards. During his acceptance speech for best actor, Murphy made sure to thank his family. The Murphys certainly had a lot to celebrate, as "Oppenheimer" brought home seven awards, including best picture.

Persons: Cillian Murphy, Yvonne McGuinness, Malachy, Aran, Emma McIntyre, Oppenheimer, Murphy, Craig Bankey, Brendan Murphy, Mary Murphy, Murphys Organizations: Staff Locations: Aran

☆ Saudi oil giant Aramco posts 25% fall in full-year profit
▼ + stars: | 2024-03-10 | by ( Dan Murphy | ) www.cnbc.com time to read: +2 min

Artur Widak | Nurphoto | Getty ImagesSaudi Arabia's state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. Changing HandsThe earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia's Public Investment Fund (PIF). PIF already owned 4% of Aramco, and controls Sanabil, a financial investment firm, which owns 4% of Aramco as well. Aramco said total dividends of $97.8 billion were paid in 2023, up 30% from 2022. watch nowThe PIF's 16% state in Aramco, worth an estimated $328 billion, is set to strengthen its financial position and boost its ability to deploy capital to invest on behalf of the Saudi state.

Persons: Artur Widak, Amin Nasser, Yasir Al Organizations: Aramco, Saudi Arabian Oil Group, World Petroleum Congress, Nurphoto, Getty, Saudi, Saudi Arabia's Public Investment Fund Locations: Saudi, Stampede, Calgary, Canada, Aramco

☆ Etihad Airways signals possible IPO after 2023 revenue rebound
▼ + stars: | 2024-03-06 | by ( Dan Murphy | ) www.cnbc.com time to read: +2 min

Abu Dhabi's Etihad Airways is gearing up for a potential initial public offering after increasing revenue in 2023 on the back of a 40% boost in passenger numbers. Asked about a possible listing, Etihad Airways Group CEO Antonoaldo Neves told CNBC on Tuesday, "I'm working to be ready, whenever it's the time." Talk of an IPO has been swirling after it was reported that ADQ, the Abu Dhabi-based investment company that owns Etihad Airways, was in discussions with banks about going public as soon as this year. "It's not for me to confirm the shareholder decisions," Neves said, while also signaling efforts to prepare the airline. If it materializes, an IPO would enable Etihad to tap capital markets to fund future growth and expansion plans.

Persons: Abu, Antonoaldo Neves, Neves, ADQ, Raffael Quintas Organizations: Abu Dhabi's Etihad Airways, Etihad Airways Group, CNBC, Etihad Airways, Etihad, Emirates, Portuguese, TAP, Azul Airlines Locations: Abu Dhabi, Dubai, New York, Azul

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