Sheikh Nahyan receives a cast of a handshake from the British Business Group in recognition of his friendship and support. Delores Johnson / The National
Sheikh Nahyan receives a cast of a handshake from the British Business Group in recognition of his friendship and support. Delores Johnson / The National

Group dynamics pay off



It started as a discussion group hosted by the British ambassador for UK businessmen. But the British Business Group (BBG) soon developed a momentum separate from the embassy.

"As the number of people grew in Abu Dhabi, it became rather impractical to continue that existing arrangement," says Peter Michelmore, a BBG committee member.

"Also, there was a sense that organisations on that scale should be licensed and registered and so it could be more effective as a group."

BBG became an official entity in the mid-1990s, and today the group, which has just turned 20, has around 350 members.

"The amazing thing is through 20 years of regional conflicts, recessions, housing booms and busts the central idea that you can work together and make something better has carried on," says Richard Oliver, the BBG chairman and managing director of HSBC Abu Dhabi.

The group held a lunch to celebrate the milestone on Wednesday in Abu Dhabi when BBG's only honorary member, Sheikh Nahyan bin Mubarak, the Minister of Higher Education and Scientific Research, was presented with a mould of his handshake with Mr Michelmore, a former chairman of the group. The gift was for all his support during the years.

"The British Business Group in Abu Dhabi has always put in my mind an arresting observation by one of Britain's former citizens, the American Benjamin Franklin," said Sheikh Nahyan.

"Franklin said, 'All mankind is divided into three classes: those that are immovable; those that are movable; and those that move.'

"You are those who move. You have been a positive, productive, dynamic force in the past 20 of the United Arab Emirates' 40 years."

British business is at the "front and centre" of everything the group does, says Mr Oliver. But its aims are not entirely selfish.

"It's not just British business for the sake of British business.

"There is actually, funnily enough, a degree of altruism involved on the part of Britain here and the BBG," says Mr Michelmore.

"You are raising the profile of the UAE in the UK, raising the profile of the UK here and doing it for a broad spread of reasons."

BBG hosts regular lunches, breakfasts, and dinners for members, many of whom join for the networking opportunities it offers.

"Someone like Peter [Michelmore] can give three or four helpful names to somebody, where you might otherwise get 10 very unhelpful names," says Mr Oliver.

Chris Gilbert, the managing director of Gemaco Interiors, signed up in 1993.

"I joined for the networking [opportunities] and to be part of the British Community," he says, adding that being a member helped him drum up trade.

And it is not only open to British businessmen and women. People of other nationalities who work for a British company or an organisation that represents British goods and services are also welcome.

BBG works closely with the embassy, but has its own voice.

"It is very important that we should be slightly apart because the message needs to come from two directions, from the embassy and us. It resonates more effectively," says Mr Michelmore.

The embassy tends to focus on big contracts, but BBG has a wider spectrum of interests, such supporting small and medium-sized enterprises (SMEs).

"If you look at the number of SMEs joining, our membership is now as high as it has ever been. In spite of the slowdown, the mercantile spirit is very much alive and well," says Mr Michelmore.

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

RESULT

Esperance de Tunis 1 Guadalajara 1 
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5