Alan Robertson is the chief executive for the property broker JLL in the Mena region. Mr Robertson, 55, who is from Scotland, has lived in Dubai with his wife for nearly four years and has two children: a son, who works for JLL back home in Edinburgh and a daughter who lives in Dubai and works in PR with Four Communications.
What are your favourite things to do on the weekend?
A weekend in Dubai will typically include a game of golf at the Montgomerie, a visit to the gym or perhaps a cycle ride, watching sport on the telly, and a night or two out. Occasionally I take part in sporting challenges – recently it was the Standard Chartered 10km road race and before that I completed the JLL Triathlon, which was the third race of a series that we sponsor. We also like to explore the wider region over long weekends, but unfortunately haven’t managed to do that as often as we would like.
What do you consider to be your favourite hobby?
Since my early teens I have been a keen skier and for several years I competed in races in Scotland and across Europe. While I still love skiing (especially ski touring) I am quite limited in what I can do from Dubai, so I would have to say that golf is almost at the point of edging ahead as my favourite hobby.
What can’t you live without?
I’m not really a gadget person, but would be lost without my iPad.
What do you consider the secret to your success?
There are lots of different ways to succeed. I have always thought the key steps include always putting the client first, gaining a reputation for being totally reliable, being a team player and showing energy, enthusiasm and determination at all times.
What advice would you offer others starting out in your business?
Work and study hard to become a true expert in their field. When I started out as a young office agent my boss advised me to learn the details of every single building in the market and when I mastered that, I found that my career took off quite quickly. In our business there are lots of people who talk a great game but who clearly lack true professional expertise, and that soon becomes obvious to the people who matter.
How do you achieve a work-life balance?
I’m not sure that I always do, but most of the time I find myself able to switch off after a long working day – I rarely find it difficult to sleep at night. I think the key is to have an active life outside work so that you have lots of other things to do or think about, and your mind does not always revert to work mode.
How do you relax after the working day?
I would like to say that I do something exciting, or at least go to the gym or hit a few golf balls, but all too often it’s collapsing in front of the telly with a refreshing drink and a nice dinner.
If you weren’t chief executive of this company, what else would you be doing?
I have been enormously lucky, having spent 28 years with JLL in a number of really satisfying roles and based in three wonderful cities – Dubai, Istanbul and Edinburgh. As a real estate adviser I have had the privilege of advising on some really important projects which have given me a great variety of work and a huge amount of professional satisfaction. Since moving to more of a leadership role I have discovered a whole new range of activities and hopefully developed a few new skills. As a boss, I have enjoyed helping my colleagues achieve their potential as real estate professionals. There has never been a dull moment and I can truthfully say that I have never been tempted to do anything else. When I decide that it is time to move on it will be back home to Scotland where I plan to spend a lot more time on the ski slopes, walking up mountains and on the golf courses. I will also spend more time playing the bagpipes, which is something I really enjoy but haven’t been able to do much in my apartment in Dubai.
lbarnard@thenational.ae
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Company%20profile
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
COMPANY PROFILE
Company name: SimpliFi
Started: August 2021
Founder: Ali Sattar
Based: UAE
Industry: Finance, technology
Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Jewel of the Expo 2020
252 projectors installed on Al Wasl dome
13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas
550 tonnes of moulded steel were raised last year to cap the dome
724,000 cubic metres is the space it encloses
Stands taller than the leaning tower of Pisa
Steel trellis dome is one of the largest single structures on site
The size of 16 tennis courts and weighs as much as 500 elephants
Al Wasl means connection in Arabic
World’s largest 360-degree projection surface
Tewellah by Nawal Zoghbi is out now.
RESULT
Arsenal 2
Sokratis Papastathopoulos 45 4'
Eddie Ntkeiah 51'
Portsmouth 0
UAE currency: the story behind the money in your pockets
Age 26
Born May 17, 1991
Height 1.80 metres
Birthplace Sydney, Australia
Residence Eastbourne, England
Plays Right-handed
WTA titles 3
Prize money US$5,761,870 (Dh21,162,343.75)
Wins / losses 312 / 181
Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
ITU Abu Dhabi World Triathlon
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
No.6 Collaborations Project
Ed Sheeran (Atlantic)
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Nancy 9 (Hassa Beek)
Nancy Ajram
(In2Musica)
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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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
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