Stephen King is a freelance communications specialist, and lecturer, on a mission to save the world. Satish Kumar / The National
Stephen King is a freelance communications specialist, and lecturer, on a mission to save the world. Satish Kumar / The National

Day in the life: Communications specialist on a mission to save the world



Stephen King is a freelance communications specialist on a mission to save the world. The 39-year-old Briton, who has a visa with Twofour54, is director of alliances and partnerships at the Middle East Public Relations Association (Mepra), an adjunct lecturer at Middlesex University and also a keen videographer. He also teaches an “advocacy to action” training programme that promotes the UN’s 17 global goals for sustainable development, in the UAE and internationally. Before quitting the corporate world in 2014, Mr King was senior manager of corporate sustainability and social responsibility for Etisalat for four years. He has lived in the UAE since 2002.

5am

The time I wake varies. The first thing I do is work out what I have to do that day because I have a number of different projects on the go. If I’m not teaching somewhere, then I choose where to work – either at the Impact Hub in Downtown Dubai, the Costa coffee behind my home in Tecom or occasionally the freelancing officers at Twofour54 in Abu Dhabi. Every day is different. Sometimes I’ll have Sunday off and work all day Fridays from the Time Oak Hotel in Tecom when food, drink and a swim with Wi-Fi is Dh79. Today, I’m at the Impact Hub.

8am

Breakfast is muesli or a Nutella toastie, depending on whether I’ve got any milk. I took on a flatmate recently to reduce living expenses. I want to innovate and when you’re working in technology, the only way to see who the innovators are is to live like a student. My philosophy since leaving Etisalat is to be as frugal as possible.

9am

I take the metro to the Burj Khalifa and walk through the mall to the Hub, or take the bus. I haven’t had a car for six years; it’s a personal choice that was reinforced when I went independent. I never want to go back into corporate life again, because I don’t want anyone to have control over whether I work or not. I find that quite empowering.

11am

I arrive at the Hub and find somewhere to sit. When I went independent it was such a miserable experience and I’ve got friends now going through the same problems. Nobody wants to talk to you because you’re a salesman now and it becomes very lonely. The Hub gives you a community of people who are adrift in a certain way and you all paddle around together. The Hub’s international network has also been absolutely core to what I do.

11.30am

I’ve tried writing to-do lists and that doesn’t work because the list is never-ending. Instead, I write my “to-happy list” – the three things that’ll make me happy if I get them done that day. The first is always “what am I making money from?” That’s the priority. Then there’s “what’s my pressing deadline that I’m developing on?” which is mostly about nurturing relationships. The final thing is “my future dreams”, which are my sustainable initiatives.

12pm

I do some experimenting with creating content for 360 virtual reality (VR). Mepra has an awards ceremony coming up and we just announced the shortlists for the awards on 360. You could see everybody’s reactions as the shortlist was being made. I think it adds a lot of value, to put that oculus headset on and go “I’m there again!” Because Mepra is a trade association, we see the trends coming through and we’re able to innovate. There are great opportunities with these VR cameras, they’re so cheap and easy to use.

1pm

Lunch is usually Coffee Planet sandwiches, then I’m back at the Hub. I remember the moment I realised I wanted to make a difference in the world. I was speaking at a women’s conference in South Africa while working for Etisalat. Before that, I’d never had the opportunity to sit in a room and listen properly to what real problems were – men taking the family money and playing on the internet all day, or anxieties about being attacked. That was a real mindshift-moment for me. If you actually know how to contribute to the world, then it’s an exciting time to be alive right now. But if you’re just a bystander watching it all happen, then I think it’s probably quite an anxious time.

2pm

I do some lesson planning for the two courses I teach at Middlesex University on Thursdays, in Advanced Digital Journalism and Issues in Media and Society. Helping young people move forwards, and looking at things from a young person’s perspective, is key. Without that you have no respect for the difficulties they face. We used to still see green trees everywhere when I was growing up in the UK but they’re disappearing because people are building so much. Young people don’t have that history, so you have to start from where they stand and forget your own history. Otherwise you’re bringing in a lot of legacy.

3pm

I prepare for a two-hour workshop I’m teaching for Mepra later this week in Ras Al Khaimah, on the UN’s 17 global goals for sustainable development. In strategic communications we’re supposed to come up with creative ideas based on something measurable. These goals give you that – it’s the world’s leaders saying “this is what we’re going to do and how we’re going to measure it, to save the world”. These goals cover everything from poverty and climate change to economic development. It’s a proper people-planet-profit framework. I use these goals to inspire communication. People often find they’re the same activities they were doing in their jobs before but at least now they know they’re contributing to a global mission. I do it so I can feel part of something much bigger.

4pm

If I get home from the Hub early, I’ll have a two-hour nap, then work until the early hours.

6pm

I get a food box delivery service called Hello Chef, which forces me to cook. I get the ingredients at the beginning of the week, freeze them and then defrost them each morning, then I know I have to be home and cook that evening. It’s more expensive than going to the supermarket but it’s less expensive for me because otherwise I’d be getting takeaways – plus it’s healthier. It gives me this great period to rest between my work-work and my hobby work.

7pm

I’m preparing a newsletter or a blogspot, doing video editing or filming for social media, on the theme of sustainable development. I might be preparing for some international youth work I’m involved with through the UN Youth’s office. I’m an old guy with all these young people at these youth events, so I just sit in the back and listen to them. And I give them support because they need that.

1am

I generally go to sleep while watching TV. I like watching zombies – The Walking Dead, Z Nation, Van Helsing … end-of-the-world stuff. You've got to have a laugh at it, right?

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

THE SPECS – Honda CR-V Touring AWD

Engine: 2.4-litre 4-cylinder

Power: 184hp at 6,400rpm

Torque: 244Nm at 3,900rpm

Transmission: Continuously Variable Transmission (CVT)

0-100kmh in 9.4 seconds

Top speed: 202kmh

Fuel consumption: 6.8L/100km

Price: From Dh122,900

SPECS

Engine: 2-litre direct injection turbo
Transmission: 7-speed automatic
Power: 261hp
Torque: 400Nm
Price: From Dh134,999

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

COMPANY PROFILE

Company name: Bedu

Started: 2021

Founders: Khaled Al Huraimel, Matti Zinder, Amin Al Zarouni

Based: Dubai, UAE

Industry: AI, metaverse, Web3 and blockchain

Funding: Currently in pre-seed round to raise $5 million to $7 million

Investors: Privately funded

COMPANY PROFILE

Name: Telr
Based: Dubai, UAE
Launch year: 2014
Number of employees: 65
Sector: FinTech and payments
Funding: nearly $30 million so far

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

Inside Out 2

Director: Kelsey Mann

Starring: Amy Poehler, Maya Hawke, Ayo Edebiri

Rating: 4.5/5

COMPANY PROFILE

Name: Qureos
Based: UAE
Launch year: 2021
Number of employees: 33
Sector: Software and technology
Funding: $3 million

COMPANY PROFILE

Name: Carzaty, now Kavak
Based: Dubai
Launch year: Carzaty launched in 2018, Kavak in the GCC launched in 2022
Number of employees: 140
Sector: Automotive
Funding: Carzaty raised $6m in equity and $4m in debt; Kavak plans $130m investment in the GCC

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Cinco in numbers

Dh3.7 million

The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown

46

The number, in kilograms, that Swarovski’s wedding gown weighed.

1,000

The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]

50

How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday

3,000

The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.

1.1 million

The number of followers that Michael Cinco’s Instagram account has garnered.

THE BIG THREE

NOVAK DJOKOVIC
19 grand slam singles titles
Wimbledon: 5 (2011, 14, 15, 18, 19)
French Open: 2 (2016, 21)
US Open: 3 (2011, 15, 18)
Australian Open: 9 (2008, 11, 12, 13, 15, 16, 19, 20, 21)
Prize money: $150m

ROGER FEDERER
20 grand slam singles titles
Wimbledon: 8 (2003, 04, 05, 06, 07, 09, 12, 17)
French Open: 1 (2009)
US Open: 5 (2004, 05, 06, 07, 08)
Australian Open: 6 (2004, 06, 07, 10, 17, 18)
Prize money: $130m

RAFAEL NADAL
20 grand slam singles titles
Wimbledon: 2 (2008, 10)
French Open: 13 (2005, 06, 07, 08, 10, 11, 12, 13, 14, 17, 18, 19, 20)
US Open: 4 (2010, 13, 17, 19)
Australian Open: 1 (2009)
Prize money: $125m

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

COMPANY PROFILE:

Name: Envision
Started: 2017
Founders: Karthik Mahadevan and Karthik Kannan
Based: The Netherlands
Sector: Technology/Assistive Technology
Initial investment: $1.5 million
Current number of staff: 20
Investment stage: Seed
Investors: 4impact, ABN Amro, Impact Ventures and group of angels

The Emperor and the Elephant

Author: Sam Ottewill-Soulsby

Publisher: Princeton University Press

Pages: 392

Available: July 11

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
Wenger's Arsenal reign in numbers

1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Related
The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

Coming soon

Torno Subito by Massimo Bottura

When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.

Akira Back Dubai

Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as,  “an innovative Japanese cuisine prepared with a Korean accent”.

Dinner by Heston Blumenthal

The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems. 

While you're here

Michael Young: Where is Lebanon headed?

Kareem Shaheen: I owe everything to Beirut

Raghida Dergham: We have to bounce back

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Usain Bolt's World Championships record

2007 Osaka

200m Silver

4x100m relay Silver

2009 Berlin

100m Gold

200m Gold

4x100m relay Gold

2011 Daegu

100m Disqualified in final for false start

200m Gold

4x100m relay Gold

2013 Moscow

100m Gold

200m Gold

4x100m relay Gold

2015 Beijing

100m Gold

200m Gold

4x100m relay Gold

T20 WORLD CUP QUALIFIER

Results

UAE beat Nigeria by five wickets

Hong Kong beat Canada by 32 runs

Friday fixtures

10am, Tolerance Oval, Abu Dhabi – Ireland v Jersey

7.30pm, Zayed Cricket Stadium, Abu Dhabi – Canada v Oman

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5