Rabih Dabboussi is the managing director and country manager of Cisco UAE, where he is helping to drive the company’s smart city strategy in the Emirates as well as in the wider Middle East region. The Lebanese-American, 44, joined Cisco in 1996 as an engineer in the US. He moved to the UAE in 2008 to lead the engineering organisation for Cisco’s emerging markets, and was responsible for the service provider segment in the emerging markets before transitioning to the managing director role for the UAE. During his time at Cisco, Mr Dabboussi has achieved several US technology patents for the company and has lived and worked in the US, Europe, Asia and the Middle East.
What are your favourite things to do on the weekend?
I am an athlete and an outdoors person with a lot of passion for sport activities including running, cycling, swimming and horseback riding. I also have a passion for spear fishing and free diving. During the week, I normally do a 7-10 kilometre run to start the day off. The typical weekend for me includes more intensive exercise than I would do on a weekday with either a 12-15 km run along Jumeirah Beach, a long cycle or a diving trip offshore.
What do you consider to be your favourite hobby?
When I was younger, I was a US national karate team member. That was one of my biggest passions in life and the competitive experience gave me much learning. The sports activities that I have mentioned together with free diving and spear fishing are my favourite hobbies nowadays. I dive offshore off Dubai, on the east coast of the UAE, or in the Musandam Peninsula.
What can’t you live without?
Apart from the sports and outdoors activities that I love, I couldn’t live without my family – my lovely wife and children. I have two girls and two boys, the eldest is 18 and my youngest is seven.
What do you consider the secret to your success?
My energy and passion for everything I do in life, alongside my ability to multitask and juggle numerous things during the day whether at work, in my social life or with my hobbies. People’s well-being is also very important to me; with my employees in particular, I focus on trying to understand their strengths and weaknesses in terms of how they can help contribute to the business, develop themselves in their careers and I coach them to create focused objectives and defined goals.
What advice would you offer others starting out in your business?
It is important to not only be passionate, but also to deliver reliable and high-quality products and/or services to your clients. Treating your clients with utmost respect and demonstrating commitment to them is key for success.
How do you achieve a work-life balance?
To be honest, it does surprise me when people say that they do not have enough time in the day to achieve the things they have set out to do. My motto is to work fast and constructively and focus on prioritisation. I also always try not to put off the priorities of today for tomorrow. That way you will achieve a work-life balance because you will be able to create time to do the work that you need to do but also find time to relax and do the things you are passionate about – prioritisation is the key here.
How do you relax after the working day?
I take a nice long jog or I hang out and spend time with my wife and kids – I absolutely love their company.
If you weren’t managing director of this company, what else would you be doing?
I would definitely choose to live in Dubai – that is a given – I love the UAE. We moved here in 2008 after many years with Cisco with numerous global assignments in Europe, Asia, Latin America and Middle East. I am fascinated with property and real estate and I would love to be a property developer focusing on premium luxury real estate. Additionally I would also devote time to volunteering in underserved poor communities or war-stricken regions.
thamid@thenational.ae
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Killing of Qassem Suleimani
LEAGUE CUP QUARTER-FINAL DRAW
Stoke City v Tottenham
Brentford v Newcastle United
Arsenal v Manchester City
Everton v Manchester United
All ties are to be played the week commencing December 21.
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Sreesanth's India bowling career
Tests 27, Wickets 87, Average 37.59, Best 5-40
ODIs 53, Wickets 75, Average 33.44, Best 6-55
T20Is 10, Wickets 7, Average 41.14, Best 2-12
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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.”
MATCH INFO
Uefa Champions League quarter-final (first-leg score):
Juventus (1) v Ajax (1), Tuesday, 11pm UAE
Match will be shown on BeIN Sports
Major honours
ARSENAL
BARCELONA
- La Liga - 2013
- Copa del Rey - 2012
- Fifa Club World Cup - 2011
CHELSEA
- Premier League - 2015, 2017
- FA Cup - 2018
- League Cup - 2015
SPAIN
- World Cup - 2010
- European Championship - 2008, 2012
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Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
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Henrik Stenson's finishes at Abu Dhabi HSBC Championship:
2006 - 2
2007 - 8
2008 - 2
2009 - MC
2010 - 21
2011 - 42
2012 - MC
2013 - 23
2014 - MC
2015 - MC
2016 - 3
2017 - 8
Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
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Cherry
Directed by: Joe and Anthony Russo
Starring: Tom Holland, Ciara Bravo
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Tom Fletcher on 'soft power'
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
The biog
From: Ras Al Khaimah
Age: 50
Profession: Electronic engineer, worked with Etisalat for the past 20 years
Hobbies: 'Anything that involves exploration, hunting, fishing, mountaineering, the sea, hiking, scuba diving, and adventure sports'
Favourite quote: 'Life is so simple, enjoy it'
Reputation
Taylor Swift
(Big Machine Records)
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Racecard
2pm Handicap Dh 90,000 1,800m
2.30pm Handicap Dh120,000 1,950m
3pm Handicap Dh105,000 1,600m
3.30pm Jebel Ali Classic Conditions Dh300,000 1,400m
4pm Maiden Dh75,000 1,600m
4.30pm Conditions Dh250,000 1,400m
5pm Maiden Dh75,000 1,600m
5.30pm Handicap Dh85,000 1,000m
The National selections:
2pm Arch Gold
2.30pm Conclusion
3pm Al Battar
3.30pm Golden Jaguar
4pm Al Motayar
4.30pm Tapi Sioux
5pm Leadership
5.30pm Dahawi
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
The specs
Engine: 4-litre twin-turbo V8
Transmission: nine-speed
Power: 542bhp
Torque: 700Nm
Price: Dh848,000
On sale: now