One of the great delights of the festive season in Dubai is that work goes on at a much more relaxed pace. You can do things in cosier environs than the usual business meeting around an office desk.
So it was a pleasure to accept an invitation last week from a long-standing contact to catch up on the year gone, and look ahead to 2015, in the amiable ambience of the cigar bar at the Ritz-Carlton hotel in DIFC.
My contact works for a big foreign investment institution, and has been a great source of insight over the years. Our relationship is as much friendly as professional, which is often the best way.
So we sat back in leather arm chairs and puffed a couple of Cubans while leisurely discussing the oil price, debt issues and a stack of other things. As usual, I got most of the benefit out of it – all grist for the weekly column.
After well over an hour we both had to head off, and ordered the bill.
“Now Frank, I have to confess something. I was going to treat you to the cigars, but I looked up the rules and I find that I am bound by the US Foreign and Corrupt Practices Act and the British Bribery Act. You are officially a government employee, so I cannot pay for your cigar.”
Well, I was a bit surprised, because the matter had never entered my head. It's true, of course, that The National is owned by the government of Abu Dhabi, which makes me formally a government employee, but I've never real seen myself a civil servant, always a journalist.
I wasn’t put out at all. The rules are the rules and he felt the need to abide by them, so I coughed up the Dh80 for my Cohiba, which was worth every fils.
But that was the second such occasion in the past couple of months. A while ago, a big global financial institution invited me to accompany some UAE financial executives on a trip they were organising to New York.
It would have been a fascinating insight into how Emirati business people perceived the biggest capital market in the world, and how they were perceived there.
A few days before scheduled departure, I got a call. “Frank, we’ve had to run this past compliance in London and New York, and because you’re a government employee” etc etc. In short, the trip was off. No, don’t get me wrong. I have absolutely no problem with working for the government of Abu Dhabi. On the contrary, I’m forever grateful for the commitment and resources of the proprietor.
My gripe is really with the other side, the offerers of corporate largesse, whether in the shape of facility trips, hospitality, right down to cigars.
Can’t they make the distinction between a high-level government policymaker, with the power to make decisions involving millions of dollars, and an old pen-pusher hacking out a few hundred words now and again in an attempt to keep readers informed, educated and entertained? I discussed this with another contact at an excellent lunch at La Petite Maison this week.
I’ve known him for years, and while the conversation was mainly about business, we strayed into other areas too – football, families, mutual friends. It was all great fun.
When the bill came, my companion said: “Well Frank, you won’t have any problems with bribery or corruption laws today. I’m going to pay for lunch because you’re my mate.” Now that’s class.
fkane@thenational.ae
Follow The National's Business section on Twitter
Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
- Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
- Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
- Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
The bio
Job: Coder, website designer and chief executive, Trinet solutions
School: Year 8 pupil at Elite English School in Abu Hail, Deira
Role Models: Mark Zuckerberg and Elon Musk
Dream City: San Francisco
Hometown: Dubai
City of birth: Thiruvilla, Kerala
Results
6.30pm Madjani Stakes Rated Conditions (PA) I Dh160,000 I 1,900m I Winner: Mawahib, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)
7.05pm Maiden Dh150,000 I 1,400m I Winner One Season, Antonio Fresu, Satish Seemar
7.40pm: Maiden Dh150,000 I 2,000m I Winner Street Of Dreams, Pat Dobbs, Doug Watson
8.15pm Dubai Creek Listed I Dh250,000 I 1,600m I Winner Heavy Metal, Royston Ffrench, Salem bin Ghadayer
8.50pm The Entisar Listed I Dh250,000 I 2,000m I Winner Etijaah, Dane O’Neill, Doug Watson
9.25pm The Garhoud Listed I Dh250,000 I 1,200m I Winner Muarrab, Dane O’Neill, Ali Rashid Al Raihe
10pm Handicap I Dh160,000 I 1,600m I Winner Sea Skimmer, Patrick Cosgrave, Helal Al Alawi
A new relationship with the old country
Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates
The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:
ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.
ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.
ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.
ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.
IN WITNESS WHEREOF the undersigned have signed this Treaty.
DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.
Signed
Geoffrey Arthur Sheikh Zayed
Result
Crystal Palace 0 Manchester City 2
Man City: Jesus (39), David Silva (41)
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff