The last surviving delegate from the conference that founded Opec has died at his home in Abu Dhabi.
After the July 17 Revolution brought hard-line members of the Ba’ath party to power in 1968, he left Iraq for Abu Dhabi, using his expertise to assist in the setting up of the new national oil company in 1971.
Abdullah Ismail was Iraq’s deputy minister of oil and part of his country’s delegation to the historic 1960 Baghdad Conference that resulted in the formation of the Organisation of the Petroleum Exporting Countries.
Opec was established as a response to the price manipulation carried out by oil firms, which disregarded the interests of oil-producing countries and their people, the rightful owners of the resource
Abdullah Ismail
Interviewed for the 60th anniversary of Opec last year, he explained that the organisation had been set up “as a response to the price manipulation carried out by oil firms which disregarded the interests of oil-producing countries and their people, the rightful owners of the resources".
Concerned that prices were being driven down by a cartel of oil companies, the Iraqi government invited Iran, Kuwait, Saudi Arabia and Venezuela — the major oil producers at the time — to Baghdad on September 10, 1960.
The result was a decision to find ways to co-ordinate prices in a way that benefited the producers, with a second meeting in 1961 that agreed to set up the headquarters of Opec in Vienna and with Iran’s representative, Dr Fuad Rouhani, as the first Secretary General.
“The organisation … has played a key role in safeguarding the interests of oil-producing countries and embracing many legitimate rights that were impossible or difficult to acquire before Opec,” Mr Ismail said.
Abu Dhabi joined Opec in 1967, expanding to UAE membership after the creation of the union on December 2, 1971.
By then events had led to Ismail's relocation to Abu Dhabi, where he was able to offer his services to Sheikh Zayed, Ruler of Abu Dhabi and future first President while he was preparing to unite the seven emirates as the UAE.
There he joined diplomat Adnan Pachachi, another Iraqi exile, who was advising on foreign policy. Ismail's expertise in the oil industry made him a valued adviser to Mana Saeed Al Otaiba, who would become the UAE’s first Minister for Petroleum, with Ismail as undersecretary at the ministry.
The creation of the UAE required a national strategy for management of the new country’s energy resources, with Adnoc eventually raising its share of the offshore and onshore concessions to a majority 60 per cent by 1974.
In his role as undersecretary Ismail gained the respect of all who dealt with him, with a visiting delegation of British members of parliament in 1975 noting that he “spoke with complete frankness and lucidity".
In an interview for the Ministry of the Interior magazine 999 in 2014, he told of being asked almost on arrival in 1968 to represent Abu Dhabi for a meeting of the economic council of the Arab League in Cairo.
Explaining that he was still technically employed by the Iraqi government, he recalled that Ahmed bin Suwaidi, Sheikh Zayed’s foreign adviser and future Foreign Minister of the UAE, immediately ordered a telex “to the Baghdad government and [to] tell them that Abdullah Ismail has resigned from the Iraqi Oil Ministry".
A decree from the Ruler followed, making Ismail a citizen and confirming his member of the circle that would forge the new country.
Abdullah Ismail Bachi passed away on Tuesday evening, November 16, 2021 in Abu Dhabi, and was buried at Baniyas Cemetary.
Condolences will take place from 6pm to 9pm on Saturday November 20 at Al Thuraya Hall of the Beach Rotana Hotel.
He is survived by his wife Tamima Toufiq Al Dabbas and children Firas, Inas and Ahmad.
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- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
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- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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5 of the most-popular Airbnb locations in Dubai
Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:
• Dubai Marina
The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.
Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739
Two bedroom: Dh627 to Dh960
Three bedroom: Dh721 to Dh1,104
• Downtown
Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure. “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."
Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154
• City Walk
The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena. “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”
Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809
Two bedroom: Dh682 to Dh1,052
Three bedroom: Dh784 to Dh1,210
• Jumeirah Lake Towers
Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.
Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629
Two bedroom: Dh549 to Dh818
Three bedroom: Dh631 to Dh941
• Palm Jumeirah
Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.
Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770
Two bedroom: Dh654 to Dh1,002
Three bedroom: Dh752 to Dh1,152
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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
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