My dreams of a wealthy life


  • English
  • Arabic

The other day, I decided that I'd quite like to be rich. I'd been reading an article about Hollywood actors who own private islands (there are more than you'd think) and the thought suddenly hit me: I want one. I've already done the calculations. As a journalist, my disposable income is such that, if I were to start saving now, by 2098 I'd be able to buy a mid-sized grassy knoll, with enough left over for a deck chair. If I'm going to be having sundowners with Mel Gibson on the Isle of Chris, however, I need to rethink my career path.

Aside from the writing, the only other note-worthy talent I possess is the ability to hum and whistle at the same time - which, while impressive to behold, isn't particularly lucrative. As I see it, the only way out of this no-island-owning situation I'm in is to write a memoir, which will subsequently be made into a film starring Leonardo DiCaprio. The trouble here is that film-friendly memoirs need to have a dramatic storyline, such as being lost on a frozen mountainside with nothing to eat but your own toes. I did get stuck in a lift for a half-hour or so last summer, but I'm not sure that's enough to get Leonardo on board, even if it was incredibly stuffy in there.

There is another option: the battle with inner demons, a descent into depravity that robs you of your family, your job and your dignity, but from which you eventually emerge a better person. But that won't work, either. I just can't see Sucker Crunch: Kicking the Malteser Habit making the Oprah Book Club. It would be easier if I was famous. If I was Justin Bieber, I could write a tell-all about the time I encountered a Malteser that was just a chocolate shell, with no crunchy stuff inside (this actually happened to me) and still make the bestseller lists. But then Bieber doesn't need to write a book. He's already rich. It's a classic catch-22.

So maybe I should just abandon the memoir idea altogether. There's no point in owning an island if you don't have any toes to enjoy it with. And there are other avenues. Diet books usually do well, as do books on how to succeed in business. (Did you know, by the way, that short-selling on the commodities market burns twice as many calories as playing three sets of tennis? Interested in learning more?)

I'm also toying with the idea of writing a novel, about a bespectacled schoolboy-vampire named Larry Clotter who becomes embroiled in a mystery involving a secretive cabal of French monks, who turn out to be a rogue brigade of special ops soldiers bent on setting off a nuclear device in Iceland, thereby triggering a volcanic eruption that will bring about climate change on a catastrophic scale, a crisis that is averted only when a brilliant young politician named Oback Barama joins forces with Clotter under the guise of a high-school glee club. It's semi-autobiographical.

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
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Brief scores:

Manchester City 3

Bernardo Silva 16', Sterling 57', Gundogan 79'

Bournemouth 1

Wilson 44'

Man of the match: Leroy Sane (Manchester City)

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

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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