WEBVTT - Mohamed Al Mubarak

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<v Speaker 1>People who want to see great art often go to

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<v Speaker 1>the Louver in Paris, but now there's another Louver. It's

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<v Speaker 1>an Abu Dhabi and it's about to be a Guggenheim

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<v Speaker 1>in Abu Dhabi as well. Who's behind building these museums

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<v Speaker 1>and other cultural attractions in Abu Dhabi. It's Mohammed al Mubark.

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<v Speaker 1>He's the chairman of the Department of Culture and Tourism

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<v Speaker 1>in Abu Dhabi, and I sat down with him recently

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<v Speaker 1>in his office to talk about why Abu Dhabi wants

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<v Speaker 1>to be a major cultural center and tourist attraction For

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<v Speaker 1>those people who aren't familiar with Abu Dhabi. Where is

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<v Speaker 1>Abu Dhabi.

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<v Speaker 2>So, Abu Dhabi is the capital city of the United Emirates.

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<v Speaker 2>It sits in the Arabian Peninsula. We are a connecting

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<v Speaker 2>point between east and West from present day and throughout

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<v Speaker 2>our history.

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<v Speaker 1>The other major city that people know in UAE is Dubai, Yes, sir,

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<v Speaker 1>and so Dubai and Abu Dhabi have attracted a lot

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<v Speaker 1>of attention in recent years because they have a fair

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<v Speaker 1>amount of wealth and a lot of tourism attractions. So

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<v Speaker 1>let's just talk about at the beginning what your main

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<v Speaker 1>mission is as the Minister of Culture and Tourism. What

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<v Speaker 1>are you supposed to be doing in that role?

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<v Speaker 2>And I think what makes this job very interesting is

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<v Speaker 2>the passion it instills in myself and all of my colleagues.

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<v Speaker 2>We have something quite special here in Abbi and then

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<v Speaker 2>of that Emirates. What's special is that the continuous pursuit

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<v Speaker 2>of the enhancement of quality of life. And that's not

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<v Speaker 2>just for tourists, for the residents, it's for the amorates

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<v Speaker 2>living here. We continuously work hand in hand with all

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<v Speaker 2>our colleagues and our partners to create experiences to cater

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<v Speaker 2>to their needs. So as you can see in Ablebi

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<v Speaker 2>and in the UEE, almost every single year there's addition

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<v Speaker 2>of experiences. There's addition of institutions, editions of new concepts

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<v Speaker 2>that come in and create these fantastic curated experiences for

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<v Speaker 2>people to really chair, USh and enjoy.

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<v Speaker 1>What is the population of Abu Dhabi, So the.

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<v Speaker 2>Population of the ue slightly over eleven million people.

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<v Speaker 1>And Abu Dhabi is a fraction of that.

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<v Speaker 2>Yes, it's the largest land bank, as I said, the

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<v Speaker 2>capital city. You know, we're a little over three and

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<v Speaker 2>a half million people.

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<v Speaker 1>Your position is to make sure that people come here

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<v Speaker 1>and understand what the attractions are of Abu Dhabi. But

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<v Speaker 1>you're building a lot of things. So how long have

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<v Speaker 1>you been in this position?

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<v Speaker 2>So I've been at Aldaar for twenty years and at

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<v Speaker 2>the Department of Culture and Tourism close to ten years.

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<v Speaker 2>And you know, I'm very humbled and lucky to be

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<v Speaker 2>working for a government that has visionary ideas. Their vision

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<v Speaker 2>of investing in culture and culture institutions have not just

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<v Speaker 2>been set forth in recent modern times, but from the

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<v Speaker 2>inception of this country the idea of basically enhancing it

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<v Speaker 2>with entertainment projects, projects that are theme parks, projects that

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<v Speaker 2>are public parks, beaches, etc. Has always continuously evolved through

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<v Speaker 2>the development of the UE.

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<v Speaker 1>And for those who are not familiar with Abu Dhabi,

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<v Speaker 1>when did it become as part of the UAA and

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<v Speaker 1>independent country?

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<v Speaker 2>So as a country, it's nineteen seventy one, but its

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<v Speaker 2>history and the history of its people have dated back

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<v Speaker 2>for thousands of years.

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<v Speaker 1>And the founder of the country was shak Zayed.

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<v Speaker 2>Yes the late founder of the country, the late father

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<v Speaker 2>Shazaied and Hayan. He was a visionary man through his vision,

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<v Speaker 2>you see this country being created that caters to the

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<v Speaker 2>wants and needs of its people. And you know it's

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<v Speaker 2>been His story is continued on by his son, the

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<v Speaker 2>current president, His Highness Chahamed Benzaid.

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<v Speaker 1>When was oil discovered in Abu Aabi?

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<v Speaker 2>So oil was discovered prior to the formation of the country.

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<v Speaker 2>It was discovered, and when it was discovered, it was

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<v Speaker 2>thought of how am I going to utilize this natural resources?

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<v Speaker 2>Like we've always utilized our natural resources to find value,

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<v Speaker 2>to create value for our people, I sue.

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<v Speaker 1>But before oil was discovered, the main business in this

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<v Speaker 1>part of the world er Abu Dhabi was what.

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<v Speaker 2>You know, through time, we've always utilized our natural resources,

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<v Speaker 2>whether it's pearls, whether it's copper. You know, we've always

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<v Speaker 2>been a trade partner. You know, our ancient trade routes,

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<v Speaker 2>whether it's we're ancient Mesopotamia to ancient China, We've always

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<v Speaker 2>traded natural resources throughout time. We've always utilized that. And

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<v Speaker 2>just like we've utilized oil, the next step is utilizing

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<v Speaker 2>the most important natural resources, which is us people, human beings.

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<v Speaker 1>Let's talk about some of the museums you're building or

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<v Speaker 1>have already built. So when I want to go see

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<v Speaker 1>the Louver, I usually go to Paris. But now I

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<v Speaker 1>found out you have your own Louver, just that connected

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<v Speaker 1>to the one in Paris.

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<v Speaker 2>By name, but not by curatorial intent or by misography.

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<v Speaker 2>So the louver Able of course, is in partnership with

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<v Speaker 2>the Louver Paris, as in partnership with AFM, which is

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<v Speaker 2>the Asian France Museums. That partnership is a long standing

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<v Speaker 2>partnership that continues to flourishes. In that partnership, there is

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<v Speaker 2>a there is a transfer of knowledge that's being transferred

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<v Speaker 2>to on a daily basis. There's loans that come from

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<v Speaker 2>the different French museums. That's compounded with the acquisitions that

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<v Speaker 2>we acquire for our assets and with the team building

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<v Speaker 2>that we have created from the opening of this museum.

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<v Speaker 1>They lend you some things from time to time and

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<v Speaker 1>you lend them something absolutely so are they going to

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<v Speaker 1>lend them on a leasha anytime soon?

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<v Speaker 2>Maybe? Maybe? You know. Currently we have a one of

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<v Speaker 2>the most beautiful paintings in our museums and at the

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<v Speaker 2>Louver is Da Vinci's John the Baptist, and it's quite

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<v Speaker 2>beautiful because the way we have the musography of the

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<v Speaker 2>Louver Abby is quite interesting because it gives you a

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<v Speaker 2>one to one view of everything you're looking at, whether

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<v Speaker 2>it's a painting, whether it's an artifact. It is very

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<v Speaker 2>sort of inept in creating a passionate interaction with what

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<v Speaker 2>you're looking at.

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<v Speaker 1>We're building another art museum of the Gugenheim. Now Louver's

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<v Speaker 1>big enough. Why do you need a Googenheim as well

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<v Speaker 1>right next door?

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<v Speaker 2>I think it's a great question. It's I think the

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<v Speaker 2>beautiful thing about the Ue and Abodabi is we live

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<v Speaker 2>with over two hundred nationalities and in doing so, they

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<v Speaker 2>have become a part of the countries and the city's fabric,

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<v Speaker 2>and we need to celebrate that. So we need to

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<v Speaker 2>celebrate everybody's identity, everybody's background, everybody's heritage, everybody's history. And

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<v Speaker 2>what a beautiful way in doing so in these beautiful institutions.

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<v Speaker 2>These museums are educational institutions and their community institutions. So

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<v Speaker 2>we wanted to curate really a story where you come

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<v Speaker 2>to saidiat cultural district and you, if you allow me

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<v Speaker 2>to curate the story, you start off at the Natural

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<v Speaker 2>History Museum, and at the Natural History Museum you get

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<v Speaker 2>a glimpse and you get an understanding of how we

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<v Speaker 2>came to be, how our earth came to be, how

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<v Speaker 2>our universe came to be from a scientific perspective. Once

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<v Speaker 2>you leave the Natural History Museum, you go to our

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<v Speaker 2>national museum, the Chersaid National Museum. There you understand the

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<v Speaker 2>history of this great land, not just the history of

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<v Speaker 2>the country, but the people of this land that have

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<v Speaker 2>been a part of this land for over three hundred

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<v Speaker 2>thousand years. You get a glimpse of what the past

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<v Speaker 2>and the present and the future looks like here in

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<v Speaker 2>the Ue. From there you maneuver yourself to the Eluf

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<v Speaker 2>of Abbababi, which is a beautiful universal museum. It is

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<v Speaker 2>universal and stematic approach, so there you basically see a

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<v Speaker 2>part of view on an equal pedestal with the entire world.

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<v Speaker 2>Then you leave to the Guggenheim able By, which is

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<v Speaker 2>a contemporary art museum focusing on art from the late

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<v Speaker 2>nineteen forties to today, but it looks at it at

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<v Speaker 2>a truly global perspective. So yes, you will see art

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<v Speaker 2>from Pollock or Rothko or Bascia or Warhol, but it's

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<v Speaker 2>going to be side by side by artists from Kenya

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<v Speaker 2>from Nepal, from the Philippines and all over the world.

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<v Speaker 2>We have taken it upon ourselves to make sure that

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<v Speaker 2>art within the Gugenheim Abaab is showcased not just from

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<v Speaker 2>a Western perspective, but a truly global South perspective.

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<v Speaker 1>You're wanting to build a modern contemporary art museum, Why

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<v Speaker 1>couldn't you just build one? Why did you have an

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<v Speaker 1>affiliation or why do you have an affiliation with Gougenheim?

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<v Speaker 1>What can they do for you?

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<v Speaker 2>So some mixture of things similar to the loof first

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<v Speaker 2>is a fantastic opportunity of transfer of knowledge, working side

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<v Speaker 2>by side with that fantastic team at the Guggenheim in

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<v Speaker 2>New York and at the Gougenheim Bilbao and working on

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<v Speaker 2>how we can detail this museum together. Compounded by that,

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<v Speaker 2>you know, you're taking years and blueprints of acquisition committees,

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<v Speaker 2>of curatorial committees, musography committees, and you're taking them and

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<v Speaker 2>then you're evolving them to your wants and to your needs.

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<v Speaker 1>Museums are great, and I I'm involved with a number

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<v Speaker 1>of museums myself the United States, but also there are

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<v Speaker 1>performing arts parts of the cultural world. Are you involved

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<v Speaker 1>in performing arts as well, absolutely. I mean Unesco designated

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<v Speaker 1>as a city of Music. Music is very close to

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<v Speaker 1>our heart.

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<v Speaker 2>As I said, you know, when you live with over

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<v Speaker 2>two other nationalities, they bring in their musical touches to

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<v Speaker 2>the story. So you know, our events calendar is filled

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<v Speaker 2>with music from everything from classical music to hip hop,

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<v Speaker 2>to pop, to Korean pop to dance, and the list

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<v Speaker 2>goes on. And you know since COVID, where the world

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<v Speaker 2>told us people are not going to come to these

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<v Speaker 2>live events, we have pretty much sold out every single

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<v Speaker 2>live musical events catering for all demographics.

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<v Speaker 1>That you build a facility for these as well, yes, sir, yes, sir.

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<v Speaker 1>And let me ask you who is going to go

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<v Speaker 1>to all these because your population is not that big.

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<v Speaker 1>Do you have enough people that can fill up all

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<v Speaker 1>these museums and performing arts arenas and so forth.

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<v Speaker 2>So I think first and foremost is the why, as

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<v Speaker 2>you rightfully said, why are we building these So when

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<v Speaker 2>it comes to our cultural institutions, because we truly believe

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<v Speaker 2>that culture is the backbone of any forward thinking society.

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<v Speaker 2>Culture has to be embedded in our DNA like it's

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<v Speaker 2>always has been, so they're not The institutions were not

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<v Speaker 2>built for tourists, that are actually built for the residence

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<v Speaker 2>here and for the future generations of residents here in

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<v Speaker 2>Abbabi and the United Aldamirates. And of course then you

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<v Speaker 2>have the tourism story. Last year we had little under

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<v Speaker 2>five point three million tourists. We're looking to target this

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<v Speaker 2>year a little bit over six million tourists.

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<v Speaker 1>Where are your tourists principally coming from, really from all

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<v Speaker 1>over the world.

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<v Speaker 2>But I think if I'm going to look at five time,

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<v Speaker 2>my top five destinations, you're looking at the Indian market,

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<v Speaker 2>the Chinese market, the Russian market, the UK market, of course,

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<v Speaker 2>the Western European markets, whether it's Germany or France. So

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<v Speaker 2>they're really coming from everywhere.

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<v Speaker 1>What about the Americans? Are they showing up?

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<v Speaker 2>Absolutely so. We have seen a double digit growth of

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<v Speaker 2>the last two years with American tours coming from the US.

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<v Speaker 1>You know, I was chairman of the Smithsonian for a

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<v Speaker 1>number of years, and very often when we had a

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<v Speaker 1>popular museum attraction, we get calls who people wanted free tickets.

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<v Speaker 1>Tickets are free, but they wanted access. If you ever

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<v Speaker 1>get that kind of request.

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<v Speaker 2>Yeah, And you know, the fact of the matter is,

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<v Speaker 2>like I said, these museums are educational institutions. So first

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<v Speaker 2>of all, all kids going for free, all military personnel

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<v Speaker 2>going for free, anybody over the age of sixty goes

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<v Speaker 2>in for free. And then anybody who's doing research gets

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<v Speaker 2>a heavily subsidized aspect of their ticket. They also get

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<v Speaker 2>the right to basically enter all our research labs. So,

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<v Speaker 2>like I said, they are educational and community facilities. What

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<v Speaker 2>about private equity people, they go on for free if

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<v Speaker 2>they sponsor.

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<v Speaker 1>So as we talk, there's a fair amount of turmoil

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<v Speaker 1>in some parts of the Middle East, obviously, but what

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<v Speaker 1>about this part of the Middle East? Is it affected

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<v Speaker 1>by what's going on in Israel? And Gaza and Syria

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<v Speaker 1>and Lebanon are not so affected?

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<v Speaker 2>I think first and foremost, one thing that we all

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<v Speaker 2>as human beings look for is peace and harmony. You know,

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<v Speaker 2>nobody wants to see devastation happening anywhere around the world,

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<v Speaker 2>regardless if it's next to you or not next to you.

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<v Speaker 2>The United Emirates is home to two hundred nationalities from

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<v Speaker 2>all over the world, different religions, different backgrounds, and the

0:11:20.480 --> 0:11:23.600
<v Speaker 2>focus is really on how we keep our community safe

0:11:23.760 --> 0:11:27.000
<v Speaker 2>and make sure that basically we work with entire diplomatic

0:11:27.000 --> 0:11:28.920
<v Speaker 2>ties to make sure that we can find the solution

0:11:29.200 --> 0:11:32.119
<v Speaker 2>that caters for the wants and needs of the overall

0:11:32.400 --> 0:11:34.200
<v Speaker 2>world when it comes to peaceful coexistence.

0:11:34.320 --> 0:11:37.640
<v Speaker 1>Now in the United States, there's a big concern about

0:11:37.640 --> 0:11:40.560
<v Speaker 1>immigration into the country as a political issue. Yes, sir,

0:11:41.360 --> 0:11:44.360
<v Speaker 1>here you have a lot of immigrants coming in. More

0:11:44.400 --> 0:11:46.880
<v Speaker 1>immigrants live here than people from the native part of

0:11:47.000 --> 0:11:49.600
<v Speaker 1>Abu Dhabi. I assume is that a concern or is

0:11:49.600 --> 0:11:50.480
<v Speaker 1>that not like a problem?

0:11:50.679 --> 0:11:52.400
<v Speaker 2>Not a problem because the fact the matter is that

0:11:52.440 --> 0:11:55.400
<v Speaker 2>we're still a developing country. We're still a developing city.

0:11:56.040 --> 0:11:59.040
<v Speaker 2>Everything is done through a well thought of strategy. So

0:11:59.080 --> 0:12:01.680
<v Speaker 2>it's not just basically let's open our doors and everybody

0:12:01.760 --> 0:12:04.120
<v Speaker 2>come in. You know, you're looking for talent also, you

0:12:04.160 --> 0:12:08.000
<v Speaker 2>know teachers, nurses, doctors, engineers. These are people that are

0:12:08.000 --> 0:12:09.720
<v Speaker 2>flying in here that are helping us grow.

0:12:10.360 --> 0:12:13.880
<v Speaker 1>So sometimes when populations grow quickly, you see a lot

0:12:13.880 --> 0:12:16.800
<v Speaker 1>of crime. You have a lot of crime here.

0:12:17.120 --> 0:12:19.280
<v Speaker 2>It is one of the safest cities in the world.

0:12:20.000 --> 0:12:22.920
<v Speaker 2>One because there is a clear strategy and a plan

0:12:23.000 --> 0:12:26.480
<v Speaker 2>for that. But two, everybody lives here, loves the way

0:12:26.520 --> 0:12:29.600
<v Speaker 2>of life here. They want to sustain it. So everybody

0:12:29.679 --> 0:12:31.400
<v Speaker 2>works hand in hand together to sustain that.

0:12:31.800 --> 0:12:34.000
<v Speaker 1>In Europe and the United States, you often see in

0:12:34.080 --> 0:12:37.719
<v Speaker 1>major cities homeless people. I haven't seen any here, but

0:12:37.760 --> 0:12:40.080
<v Speaker 1>maybe there are some. There's homelessness a problem.

0:12:40.600 --> 0:12:43.480
<v Speaker 2>So when it comes to the local population, and this

0:12:43.600 --> 0:12:45.480
<v Speaker 2>is where I always go back and say, you know,

0:12:45.600 --> 0:12:49.440
<v Speaker 2>the government continuously works on enhancing the quality of life

0:12:49.440 --> 0:12:52.200
<v Speaker 2>of the residents and the locals of the United Emirates.

0:12:52.400 --> 0:12:55.920
<v Speaker 2>So US as locals, you know, we have opportunities to

0:12:55.960 --> 0:12:58.880
<v Speaker 2>get free land for our housing, So free housing, free

0:12:58.920 --> 0:13:04.800
<v Speaker 2>medicare subzed power and water, and a job opportunity. So

0:13:04.840 --> 0:13:07.640
<v Speaker 2>you are given the tools to succeed. What you do

0:13:07.720 --> 0:13:09.240
<v Speaker 2>after these tools is really up to you.

0:13:09.320 --> 0:13:12.760
<v Speaker 1>Let's talk about your own background. So where were you born.

0:13:12.920 --> 0:13:15.480
<v Speaker 2>I was born in Paris, Paris, yes, Sir Paris friends,

0:13:15.640 --> 0:13:19.360
<v Speaker 2>and moved back to Abby and grew up here. I

0:13:19.400 --> 0:13:23.680
<v Speaker 2>had a fantastic upbringing. You know, the community society was

0:13:23.800 --> 0:13:27.000
<v Speaker 2>just amazing to be a part of it, always seeing

0:13:27.040 --> 0:13:30.480
<v Speaker 2>a sense of how leadership is so close to the people,

0:13:30.760 --> 0:13:32.400
<v Speaker 2>on how it always wants to make sure that the

0:13:32.440 --> 0:13:35.800
<v Speaker 2>people are comfortable and happy. You know, my mother did

0:13:35.800 --> 0:13:40.200
<v Speaker 2>an amazing job with my siblings and myself. We're very

0:13:40.240 --> 0:13:42.400
<v Speaker 2>close together. You know, my brother and my sisters were

0:13:42.440 --> 0:13:43.840
<v Speaker 2>all a very tight knit family.

0:13:43.880 --> 0:13:45.360
<v Speaker 1>How many shiplings do you have?

0:13:45.480 --> 0:13:48.000
<v Speaker 2>So I have a older brother and two older sisters,

0:13:48.200 --> 0:13:49.000
<v Speaker 2>so we're full of this.

0:13:49.080 --> 0:13:52.400
<v Speaker 1>Older brother runs Mubarra, which is an investment or. Yes,

0:13:52.440 --> 0:13:55.920
<v Speaker 1>Sir Abu Dhabie and your sisters are they involved in

0:13:56.160 --> 0:13:57.720
<v Speaker 1>Abu Dhabi in some way like you are?

0:13:57.800 --> 0:14:02.040
<v Speaker 2>So? My sister Razannel Mobarak, she works for the environmental

0:14:02.040 --> 0:14:05.280
<v Speaker 2>agency here nobleb You know, she is an advocator of

0:14:05.280 --> 0:14:10.680
<v Speaker 2>sustainability and safeguarding the environment. My other sister as a

0:14:10.720 --> 0:14:14.920
<v Speaker 2>studied lawyer and right now she has probably a very

0:14:14.960 --> 0:14:17.720
<v Speaker 2>important job which is focusing on her family.

0:14:18.280 --> 0:14:20.320
<v Speaker 1>Now, your brother once told me that you have a

0:14:20.360 --> 0:14:25.440
<v Speaker 1>big comic book collection. So you still collect that comic books?

0:14:25.480 --> 0:14:26.400
<v Speaker 1>And what are you going to do with them?

0:14:26.560 --> 0:14:29.160
<v Speaker 2>So I've I fell in love with comics at a

0:14:29.280 --> 0:14:32.720
<v Speaker 2>very early age. You know, I grew up. I remember

0:14:32.800 --> 0:14:36.440
<v Speaker 2>as early as I can. Every time I'd find a

0:14:36.560 --> 0:14:40.440
<v Speaker 2>Superman comic, or a Batman comic, or an X Men comic,

0:14:40.560 --> 0:14:43.160
<v Speaker 2>you know, whether it's DC or Marvel, I basically gobbled

0:14:43.200 --> 0:14:44.880
<v Speaker 2>them up. I took them up, and I ran up

0:14:44.880 --> 0:14:46.520
<v Speaker 2>to my room and I sat on my corner and

0:14:46.600 --> 0:14:50.640
<v Speaker 2>I basically just I love the concept of creating something

0:14:50.680 --> 0:14:54.520
<v Speaker 2>so imaginative, creating these worlds, you know, creating these characters

0:14:54.520 --> 0:14:57.880
<v Speaker 2>that are actually so detailed, but they have so much

0:14:57.920 --> 0:15:00.800
<v Speaker 2>weight to them, emotional weight to them. I love that,

0:15:00.840 --> 0:15:02.960
<v Speaker 2>you know. I love the concept of storytelling. And that's

0:15:03.000 --> 0:15:06.440
<v Speaker 2>what actually what my job's all about today. It's about storytelling.

0:15:06.640 --> 0:15:10.640
<v Speaker 2>Whether it's curating museums with the Fantastic team, whether it's

0:15:10.720 --> 0:15:14.120
<v Speaker 2>curating experiences in our theme parks, whether it's curating experiences,

0:15:14.120 --> 0:15:15.360
<v Speaker 2>it's storytelling and itself.

0:15:15.640 --> 0:15:18.440
<v Speaker 1>Finish your own story. Did you go to college in

0:15:18.480 --> 0:15:20.120
<v Speaker 1>the United States or yes, sir.

0:15:20.040 --> 0:15:23.280
<v Speaker 2>So, I went to college in Boston and Northeastern University.

0:15:23.760 --> 0:15:25.200
<v Speaker 2>Amazing four years of my life.

0:15:25.240 --> 0:15:26.200
<v Speaker 1>You know, I love study.

0:15:26.360 --> 0:15:30.040
<v Speaker 2>I studied political science and economics. Did study museums, No,

0:15:30.280 --> 0:15:32.160
<v Speaker 2>But I was I was always infactuated.

0:15:32.320 --> 0:15:34.960
<v Speaker 1>So when you went to college in Boston, as you

0:15:35.000 --> 0:15:37.280
<v Speaker 1>told people you were from Abu Dhabi, what did they say?

0:15:38.680 --> 0:15:39.360
<v Speaker 1>So where it was?

0:15:40.400 --> 0:15:42.320
<v Speaker 2>You know? I was lucky, you know, I went to

0:15:42.560 --> 0:15:44.560
<v Speaker 2>university and I went to a place where you had

0:15:44.560 --> 0:15:46.960
<v Speaker 2>a lot of international university kids from all over the world,

0:15:46.960 --> 0:15:49.200
<v Speaker 2>so they knew where U is, they knew where Abbi was,

0:15:49.640 --> 0:15:52.960
<v Speaker 2>but they had, you know, not a lot of information

0:15:53.000 --> 0:15:56.440
<v Speaker 2>about it. The funny thing right now is every single

0:15:56.800 --> 0:15:59.400
<v Speaker 2>student I went to school with has come to the

0:15:59.440 --> 0:16:02.040
<v Speaker 2>Abbab And when they've come down here, they've called me

0:16:02.040 --> 0:16:03.120
<v Speaker 2>and said, oh, you remember I was with you in

0:16:03.120 --> 0:16:05.280
<v Speaker 2>freshman year, I was with you in sophomore years with

0:16:05.320 --> 0:16:06.960
<v Speaker 2>here And I said, yeah, of course, remember, he said,

0:16:07.120 --> 0:16:09.920
<v Speaker 2>you know we've come here. It is amazing. They ask

0:16:09.960 --> 0:16:12.840
<v Speaker 2>you for free tickets to lover sometimes sometimes they do.

0:16:13.080 --> 0:16:15.160
<v Speaker 2>Sometimes they do. You know, I don't give my professor's

0:16:15.160 --> 0:16:16.440
<v Speaker 2>free tickets, but the students I do.

0:16:16.600 --> 0:16:18.320
<v Speaker 1>If I'm just going to say to you, I'm going

0:16:18.360 --> 0:16:20.040
<v Speaker 1>to leave the country in about an hour, I have

0:16:20.120 --> 0:16:22.280
<v Speaker 1>to fly back to the United States. I've got an

0:16:22.280 --> 0:16:24.880
<v Speaker 1>hour to visit something. What should I visit in my

0:16:24.960 --> 0:16:25.440
<v Speaker 1>one hour?

0:16:25.960 --> 0:16:28.240
<v Speaker 2>Due to our infrastructure? What I believe you can do

0:16:28.320 --> 0:16:33.120
<v Speaker 2>in an hour? You being a cultural enthusiast, I would

0:16:33.120 --> 0:16:37.680
<v Speaker 2>probably recommend you visit the Side Mosque. And you see,

0:16:37.680 --> 0:16:39.239
<v Speaker 2>it's this beautiful mosque.

0:16:38.960 --> 0:16:40.600
<v Speaker 1>And one of those gregious mosque in the world.

0:16:40.640 --> 0:16:43.960
<v Speaker 2>Absolutely, and it's just it's architectural stunning. You get there,

0:16:44.080 --> 0:16:47.720
<v Speaker 2>you get an understanding of this beautiful space. Maybe spend

0:16:47.720 --> 0:16:49.840
<v Speaker 2>twenty minutes there, and then if you have an hour,

0:16:49.960 --> 0:16:53.160
<v Speaker 2>and then it's a around eight to ten minute drive

0:16:53.240 --> 0:16:57.200
<v Speaker 2>to Russell Husson, the oldest standing fort here in Abodabi.

0:16:57.240 --> 0:16:59.240
<v Speaker 2>It's in the center of the city. You also get

0:16:59.240 --> 0:17:01.760
<v Speaker 2>a view of the entire sort of city. Spend twenty

0:17:01.800 --> 0:17:04.680
<v Speaker 2>minutes there and then you shoot out. Eight minutes later

0:17:04.680 --> 0:17:06.240
<v Speaker 2>you're at the Louver Bladubby and then you're off the

0:17:06.320 --> 0:17:08.920
<v Speaker 2>airport and currently at the Louverbadubby, we have an amazing

0:17:09.000 --> 0:17:12.159
<v Speaker 2>post impressionist exhibition. If you get a chance, it's amazing,

0:17:12.240 --> 0:17:15.280
<v Speaker 2>some amazing Van goghs. So you tick that box.

0:17:15.359 --> 0:17:18.320
<v Speaker 1>You've had some NBA pre season games here, sir. Are

0:17:18.320 --> 0:17:22.040
<v Speaker 1>you planning and bringing any NBA teams here permanently or

0:17:22.080 --> 0:17:23.000
<v Speaker 1>just for pre season?

0:17:23.080 --> 0:17:26.400
<v Speaker 2>Sports and itself brings people together regardless what your background.

0:17:26.600 --> 0:17:28.520
<v Speaker 2>So we're big on sports entertainment.

0:17:28.640 --> 0:17:28.840
<v Speaker 1>You know.

0:17:28.920 --> 0:17:32.239
<v Speaker 2>We've started that the with Formula one in not just

0:17:32.280 --> 0:17:36.480
<v Speaker 2>focusing on the sport itself, but creating musical experiences, food

0:17:36.480 --> 0:17:40.159
<v Speaker 2>and beverage experiences, retail experiences, all engulfed over a weekend

0:17:40.600 --> 0:17:43.760
<v Speaker 2>and the whole city basically celebrates Formula one. Then you

0:17:43.800 --> 0:17:45.919
<v Speaker 2>took it to another step further where we took the

0:17:46.000 --> 0:17:49.920
<v Speaker 2>engineering and the sports excellence component and we've embedded it

0:17:50.000 --> 0:17:54.160
<v Speaker 2>within our school programs and our different educational programs. And

0:17:54.400 --> 0:17:57.119
<v Speaker 2>it's because since we've started Formula one to where we

0:17:57.160 --> 0:18:02.280
<v Speaker 2>are today now we have a strong of female drivers,

0:18:02.400 --> 0:18:06.040
<v Speaker 2>male drivers racing in all aspects of racing within the

0:18:06.119 --> 0:18:09.560
<v Speaker 2>UE and beyond. So it is really a long term

0:18:09.600 --> 0:18:12.760
<v Speaker 2>partnership story with the sport itself. Same thing with UFC.

0:18:12.960 --> 0:18:16.199
<v Speaker 2>We brought in UFC. Prior to the UFC investment, there

0:18:16.240 --> 0:18:18.480
<v Speaker 2>was an investment in the sports ju jitsu. Jiu jitsu

0:18:18.520 --> 0:18:21.520
<v Speaker 2>became a national sport and today we have over seven

0:18:21.600 --> 0:18:25.159
<v Speaker 2>hundred and fifty thousand jiu jitsu fighters here in the

0:18:25.200 --> 0:18:28.359
<v Speaker 2>UE that have won global medals from all over the world.

0:18:28.440 --> 0:18:30.399
<v Speaker 2>You can clearly see that we are investing not just

0:18:30.440 --> 0:18:32.720
<v Speaker 2>in the sport, but in the infrastructure, both hard and soft.

0:18:32.800 --> 0:18:35.640
<v Speaker 1>So Abu Dhabi is part of the UAE, is part

0:18:35.680 --> 0:18:38.680
<v Speaker 1>of what's called the Golf Cooperation Council, which is a

0:18:38.760 --> 0:18:41.480
<v Speaker 1>number of countries that are blessed with having some oil.

0:18:41.520 --> 0:18:43.000
<v Speaker 1>I would say, most of them have a fair amount

0:18:43.040 --> 0:18:49.760
<v Speaker 1>of oil. They include Saudi Arabia, Oman, Kuwait, Qatar, and Bahrain.

0:18:49.880 --> 0:18:52.920
<v Speaker 1>So are these other countries Shiella's saying, hey, don't bring

0:18:52.960 --> 0:18:55.360
<v Speaker 1>all these tours just to your country, because we want

0:18:55.359 --> 0:18:57.760
<v Speaker 1>to have some tours too, because they don't have anything

0:18:57.840 --> 0:19:00.240
<v Speaker 1>quite like you have. Did they ever mention this to you?

0:19:00.240 --> 0:19:03.040
<v Speaker 2>You know? On the contrary, you know, we've heard sort

0:19:03.040 --> 0:19:06.400
<v Speaker 2>of press outside press talk about, for example, competitiveness between

0:19:06.400 --> 0:19:09.080
<v Speaker 2>even Abadabi and Dubai. But the fact of the matter

0:19:09.160 --> 0:19:12.000
<v Speaker 2>is is we all are complementary, similar to what we

0:19:12.040 --> 0:19:14.920
<v Speaker 2>see in places like the US or even Europe, just

0:19:14.920 --> 0:19:16.680
<v Speaker 2>because of the size of the US. But we will

0:19:16.680 --> 0:19:19.119
<v Speaker 2>fly to the US, you know, their bucket list is

0:19:19.160 --> 0:19:22.800
<v Speaker 2>to go to New York, Los Angeles, Chicago, New Orleans,

0:19:22.920 --> 0:19:25.800
<v Speaker 2>and the list goes on. Same thing. In Europe, it's Paris,

0:19:25.960 --> 0:19:30.439
<v Speaker 2>it's London, it's Rome, it's Milan, and the list goes on.

0:19:30.720 --> 0:19:33.080
<v Speaker 2>When it comes to this region, like I said, it

0:19:33.240 --> 0:19:37.240
<v Speaker 2>is widely connected, it is in close proximity to each other.

0:19:37.440 --> 0:19:43.840
<v Speaker 2>So the tourists in reality will go to Dubai, Abbo, Dabi, Rial, Doha.

0:19:44.080 --> 0:19:47.159
<v Speaker 2>So we're really all complimenting each other with different experiences.

0:19:47.440 --> 0:19:50.399
<v Speaker 1>Let's talk about another side of your life, which is

0:19:50.800 --> 0:19:56.080
<v Speaker 1>building hotels or refurbishing hotels or apartment buildings, residential and

0:19:56.080 --> 0:19:59.720
<v Speaker 1>so forth. So this area has grown so much that

0:20:00.119 --> 0:20:02.400
<v Speaker 1>it is seen at some parts people on the buy

0:20:02.440 --> 0:20:05.440
<v Speaker 1>are saying that there's not enough residential properties anymore for

0:20:05.520 --> 0:20:07.560
<v Speaker 1>people who want to live here and work here. Are

0:20:07.600 --> 0:20:10.200
<v Speaker 1>you building more residential properties in Abu Dhabi? And it

0:20:10.280 --> 0:20:13.360
<v Speaker 1>is just a real problem. Absolutely, it is a problem.

0:20:13.400 --> 0:20:14.440
<v Speaker 1>It's a good problem to have.

0:20:14.560 --> 0:20:17.240
<v Speaker 2>You know, you look at basically the growth story of

0:20:17.440 --> 0:20:20.719
<v Speaker 2>a company like Aldar. You know, in two thousand and

0:20:20.760 --> 0:20:23.840
<v Speaker 2>eight we were launching two to three developments a year.

0:20:24.520 --> 0:20:28.040
<v Speaker 2>Fast forward to this year, I've launched fourteen new developments,

0:20:28.240 --> 0:20:32.520
<v Speaker 2>so the scale is significantly larger. Our market cap has

0:20:32.560 --> 0:20:34.480
<v Speaker 2>grown five folds, so.

0:20:34.400 --> 0:20:36.320
<v Speaker 1>Your company is a publicly traded company.

0:20:36.119 --> 0:20:37.880
<v Speaker 2>Yes, sir. One of the things that is you talk

0:20:37.920 --> 0:20:41.720
<v Speaker 2>about the development aspect. So our development pipeline has grown

0:20:41.760 --> 0:20:43.960
<v Speaker 2>eight folds. If you look at just from a numbers perspective,

0:20:44.760 --> 0:20:46.600
<v Speaker 2>you know you're going to say, who's buying here? In

0:20:46.680 --> 0:20:50.199
<v Speaker 2>twenty and twenty one, eleven percent of my portfolio we're

0:20:50.240 --> 0:20:54.800
<v Speaker 2>international buyers twenty and twenty four close to thirty percent.

0:20:55.240 --> 0:20:57.080
<v Speaker 2>And these buyers are coming from all over the world,

0:20:57.440 --> 0:21:03.000
<v Speaker 2>predominantly coming from Southeast Asia, Asia, Eastern Europe, Western Europe.

0:21:03.280 --> 0:21:06.119
<v Speaker 2>And you might say why now, Why is to me

0:21:06.240 --> 0:21:08.879
<v Speaker 2>is a very easy is a very easy question, because

0:21:08.880 --> 0:21:11.560
<v Speaker 2>they're coming to a place where there is, like I said,

0:21:11.600 --> 0:21:15.200
<v Speaker 2>a continuous pursuit for quality of life. Are the safest

0:21:15.359 --> 0:21:19.480
<v Speaker 2>cities in the world where safety comes first, Medicare comes first.

0:21:19.920 --> 0:21:25.400
<v Speaker 2>The investment of government in education, medicare, infrastructure, public safety

0:21:25.640 --> 0:21:28.600
<v Speaker 2>is always front of mind. It's a place where it

0:21:28.760 --> 0:21:31.840
<v Speaker 2>is continuously evolving to create policies to cater for the

0:21:31.880 --> 0:21:34.600
<v Speaker 2>needs of the investor, cater for the needs of the buyer,

0:21:35.040 --> 0:21:37.520
<v Speaker 2>of the homeowner. You look at all of our sort

0:21:37.560 --> 0:21:41.639
<v Speaker 2>of sovereign funds, the mobidelas, the IHCs, the adqs of

0:21:41.720 --> 0:21:44.000
<v Speaker 2>this world, the ages of this world. Not only are

0:21:44.000 --> 0:21:47.000
<v Speaker 2>they investing outside, but they're also investing within in very

0:21:47.040 --> 0:21:53.040
<v Speaker 2>important sectors agritech ai, education, infrastructure, logistics. That is creating

0:21:53.119 --> 0:21:56.640
<v Speaker 2>massive job opportunities in the UEE, and people from all

0:21:56.640 --> 0:21:59.119
<v Speaker 2>over the world are taking these opportunities. So I almost

0:21:59.160 --> 0:22:01.760
<v Speaker 2>look at the u today is a place that is

0:22:01.800 --> 0:22:03.040
<v Speaker 2>the land of opportunity.

0:22:03.119 --> 0:22:06.520
<v Speaker 1>People are coming here and they're buying apartments. You don't

0:22:06.560 --> 0:22:08.239
<v Speaker 1>have to be a citizen of Abu Dhabi to buy

0:22:08.280 --> 0:22:10.640
<v Speaker 1>an apartment, no, sir. And when you buy a part

0:22:10.680 --> 0:22:13.320
<v Speaker 1>in an apartment here, can you become a citizen here

0:22:13.359 --> 0:22:14.639
<v Speaker 1>or how hard it is to be a citizen or

0:22:14.680 --> 0:22:17.240
<v Speaker 1>you don't need to be a citizen to live here, So.

0:22:17.160 --> 0:22:18.480
<v Speaker 2>You don't need to be a citizen to live here.

0:22:18.520 --> 0:22:21.159
<v Speaker 2>In terms of your acquisitions, there's new policies that have

0:22:21.160 --> 0:22:25.600
<v Speaker 2>been added, so long term residencies, golden visas for you

0:22:25.640 --> 0:22:29.479
<v Speaker 2>and for the entire family household, short term residency visas,

0:22:29.720 --> 0:22:32.159
<v Speaker 2>and also at the same time there's opportunities for nationalization.

0:22:32.440 --> 0:22:35.000
<v Speaker 1>You have no plans do something else in government or

0:22:35.040 --> 0:22:37.120
<v Speaker 1>you're going to stay in the private sector completely. At

0:22:37.119 --> 0:22:39.040
<v Speaker 1>some point, what is your future?

0:22:39.160 --> 0:22:43.040
<v Speaker 2>The future reallylies on the idea that we have to stop.

0:22:43.119 --> 0:22:45.399
<v Speaker 2>We don't have to stop. We have to continuously evolve,

0:22:45.720 --> 0:22:49.040
<v Speaker 2>we have to continuously be better. We have to continuously

0:22:49.080 --> 0:22:52.159
<v Speaker 2>cater to the needs of what our future generation wants.

0:22:52.400 --> 0:22:54.720
<v Speaker 2>And that's what makes the job special because you're always

0:22:54.720 --> 0:22:56.760
<v Speaker 2>thinking about the future. This is what makes the ue

0:22:56.800 --> 0:22:58.640
<v Speaker 2>special is what's next for us.

0:22:58.840 --> 0:23:01.760
<v Speaker 1>Let's suppose you were to summarize what you would like

0:23:01.800 --> 0:23:04.000
<v Speaker 1>the average person in the world to know about Abu Dhabi.

0:23:04.240 --> 0:23:06.119
<v Speaker 1>What would you say is the message you want to

0:23:06.119 --> 0:23:07.560
<v Speaker 1>convey to people about this country.

0:23:07.920 --> 0:23:11.000
<v Speaker 2>Seeing is believing, you know. The fact of the matter is,

0:23:11.040 --> 0:23:13.840
<v Speaker 2>I think we hear a lot of things, but in reality,

0:23:14.119 --> 0:23:16.200
<v Speaker 2>you know, take a step further, you know, do your

0:23:16.240 --> 0:23:19.960
<v Speaker 2>research and come because once you see what's happening here,

0:23:20.000 --> 0:23:23.160
<v Speaker 2>it is very very special. It's a place that is

0:23:23.480 --> 0:23:28.399
<v Speaker 2>really a place of belonging, a place of connectivity, a

0:23:28.480 --> 0:23:33.119
<v Speaker 2>place of understanding. And everything we are doing is for

0:23:33.600 --> 0:23:37.400
<v Speaker 2>the next generation and thenjration after that, So I would

0:23:37.440 --> 0:23:39.560
<v Speaker 2>love for everybody is to be a part of that

0:23:39.640 --> 0:23:40.000
<v Speaker 2>with us.

0:23:41.080 --> 0:23:43.600
<v Speaker 1>Thanks for listening to hear more of my interviews. You

0:23:43.640 --> 0:23:47.760
<v Speaker 1>can subscribe and download my podcast on Spotify, Apple, or

0:23:47.760 --> 0:23:48.600
<v Speaker 1>wherever you listen.