Is there a what in Dubai?

Google Search on our blog. (Click on the image to enlarge)

I don't think so.

But if there was, I would like to think that it would be a symbol of some positive major acceptance and progress happening in the world.

Rigged

As per the below tag, I've just finished reading Rigged by Ben Mezrich - a book that caught my eye in the Biography section of Dymocks Bookshop, mostly because of the Burj Al Arab illustration on the cover.

The names have been changed in the book, but it's the story of John D'Agostino, (called David Russo in the book), a kid fresh out of Harvard Business School, who is employed by the New York Mercantile Exchange (the Merc) - the oil trading floor on Wall Street.

His contact in Dubai is Khaled Abdul-Aziz who, through his family dealings with Sheikh Maktoum and Sheikh Mohammed, is working for the Dubai Government, and part of his role is to convince the Merc to open an exchange in Dubai.

On his way to this task however, Khaled is involved in listening to some of the way out schemes for which Dubai is famous.

Take these excerpts from Page 100-104 which made me laugh in recognition of the truth in the words. (Khaled is in a Burj Al Arab room listening to 2 property developers pitch their latest scheme):
...Madness. He could think of no other word for it, though of course even that choice of word was not sufficient. Madness had a negative connotation; what was going on around Khaled was not wrong - it was simply mad. He could honestly say that the past eight days had negated everything he had ever learned in business school. But what was going on outside that window, every day, was so unique in human history that no business textbook or lauded professor could possibly hope to explain it...

...Madness. Even though the entire city-state around him had a population of only 1.4 million people, the relative level of construction dwarfed that of the entire Asian continent, China included. By creating an economic free-zone - unique in the region - and vigorously pursuing foreign partners, the great emir had turned the city into the fastest-growing metropolis on earth. But Sheik Maktoum and his brother Muhammed (sic) had not been content just to build another Arab city in a remarkably free corner of the Arab world - each construct had to be remarkable in its own right.
You couldn't simply build a hotel; it had to be the Burj Al Arab, the tallest hotel in the world, with a huge sail spanning its entire thousand-foot facade.
You couldn't simply build an island: the Palm Islands. when finished, would be the world's largest man-made structure - built from a staggering billion cubic meters of sand...

...And then there was what the two Europeans were now proposing, If Khaled had not been staring at the blueprints with his very own eyes, he would have thought it was some sort of bizarre joke...

...A fully operational space port, where one day tourists would book trips to the stars. Khaled would have laughed out loud - except it wasn't a joke. It was utter madness - but it was all real...

...By the year 2010, when this space port would be completed, the emir's goal was to have fifteen million annual tourists - to a country of one and a half million people. A country whose outdoor temperature regularly reached over 120 degrees. A country that happened to be located smack dab in the center of the wartorn Arab world...

...Khaled, and certainly the emir, knew that tourism alone would simply turn the city-state into a curiousity, an amusement park of sorts. A huge Arab Disney World.

There had to be more. And Khaled was determined to use all his facilities to find that next, magnificent leap forward - whatever form it took...

...Khaled took a deep breath, then pressed his hands together, resting his chin against his fingers. "A space port. Very intriguing. Maybe we can also add some layers to the project. Maybe find some prehistoric DNA. Build an amusement park next door, filled with giant dinosaurs."...

...the Europeans finally realised that Khaled was joking......"Seriously, Mr Aziz, let's get down to business. The space port is just one idea. We've got plenty more.."...."Now this is something that is really cool, a ten million square foot water park that rotates three hundred and sixty degrees every six hours. And get this - the entire thing is actually one hundred feet underground."...

The story goes on to explain how David is then sent to Dubai at the invitation of Sheikhs Maktoum and Mohammed where he meets Khaled. It's here where I find the only part of the book that I can factually fault.

David flies in a First Class private booth on an Emirates Airline 747 direct from New York. To my knowledge, Emirates has never flown 747s as passenger planes, and in 2003 was not flying out of New York. The private First Class booths were introduced onto the Airbus 340-500s and Boeing 777-200s and 300s in 2004/2005.

It's possible that the 747 was part of the Dubai Air Wing and manned by Emirates Airline crew.

When David lands in Dubai, he is courted and feted. Here the usual stories come out - the notorious parties hosted by Emirates Airline crew, the car races down Sh. Zayed Road and the nightclubs and hookers.

After hearing that Dubai wants the Merc's help in establishing an oil exchange in the UAE, David then returns to New York to try to convince the Merc's board of directors of the feasibility of the proposal. After much opposition, the entire board travels to Dubai and are wowed by what they see. After that, it's fait accompli and the Dubai Mercantile Exchange was born!

The major players - David and Khaled - then move onto new projects, leaving the setting up of the exchange to others.

Rigged is a damn good read and an insight into the behind-the-scenes wheeling and dealing that goes on around the world - with the emphasis on Dubai and New York. I sometimes found it to gloss over parts where I would have liked more explanation, but too much detail would have impeded the otherwise easy flow of the writing.

I'll be surprised if the book finds its way onto the shelves in any UAE shop!

We've been tagged - by CG again!

I don't mind this tag as it's short, sweet and interesting.

CG's answers are here.

Here are mine:

1. Pick up the nearest book of at least 123 pages

Rigged by Ben Mezrich
The true story of an Ivy League kid who changed the world of oil from Wall Street to Dubai.

2. Open the book to Page 123 and quote the 5th sentence:
"I grew up one hundred yards from here," Gallo grunted, slipping his phone back into his overcoat and finally relighting his cigar.

3. Post the next 3 sentences:
"I still own the house where my grandfather washed dishes to pay for a little space in the attic, after he came through Ellis Island. 'Course, I don't live there anymore. But it stays in the family."

4. Tag 5 people:
I won't tag anyone, but I'll throw it open to anyone who might want to do the tag - it is fun and short!

Wish List

When we were in New Zealand just after Christmas, we headed out to Waiheke Island in the Hauraki Gulf to stay with friends in their beach house.

As we caught the ferry out to Waiheke, we spotted this beauty heading out of Auckland Harbour.

The MY Karima is classified as an Expedition Yacht which means that it's a mix of luxury and purpose. Vessels like this take their passengers to places that are off the beaten track, on pleasure cruises or research expeditions - or both.

Karima's website shows that that being in New Zealand is part of a trip which has taken her from the Mediterranean to the South Pacific. From the reports and images on the website, it looks like they have a great time.

Michael Hill the jeweller, and hugely successful New Zealand businessman, took delivery of his Expedition Yacht in April 2007. Appropriately named VvS1 after a clarity of diamond, there's not much that this vessel lacks. You can hire her for a mere US$79,000 per week!

One day when we're rich, J and I want an Expedition Yacht!