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Chapter 045 The local tyrant is a strategic resource

Basel, who received the invitation from the prince, has been looking forward to meeting him for a long time. Growing up in Dubai, he knew that the royal family had supreme authority and that friendship with the royal family would be beneficial or disadvantageous to him.

So he prepared a lot of information and tried to give himself rich topics to talk and gain more favor... In the end, he came to the magnificent office of the Chief Palace as he wished.

Sheikh praised him in person: "Your idea is very good. Establishing this foundation can first create a good reputation for the members, and secondly, it can also establish a resource circle."

Basel smiled: "The people who are interested in the imported culture of charity funds are mostly the younger generation who have studied and lived in the West. Of course, their ideas are ahead of their previous generations, and they are favored by their elders. They have a lot of resources in their hands."

"Yes." Sheikh was interested in listening to the other party's analysis.

"This type of people are rich but have no specific goals. You are the role model they respect. If you can make a call and bring them benefits, you can gather them together."

"They have strong financial and political influence, both individually and family, which is also a great help to you, not to mention that everyone wants to get close to the royal family."

As the chief, Sheikh decided: "I will provide preferential policies to the fund, tax exemptions, financial subsidies, and I will provide private investment opportunities."

Basel successfully received the royal family's care and said, "I think since it was the prince you called for established, how about it, what about it, the 'Sheikh Rashid Fund'?"

Sheikh smiled: "Thank you for your kindness, but I don't like using my own name."

Basel is very good at speaking: "You are our respected crown prince. Everyone will be proud of this when you can participate in fund activities under your name."

He accepted the compliment, but he still had to discuss the specific division of labor: "Is it called... Bay Investment Fund? I have a lot of business opportunities in my hands, and have you considered the foundation's shareholding ratio?"

Basel said: "My original intention is that everyone is coming for your appeal, so your Highness, you can hold shares, and the rest will be distributed to some major members, and we will contribute funds according to proportion."

When she heard this, Sheikh shook her head: "I agree to establish this fund not for personal gain. I hope to unite all our compatriots and exchange business opportunities and resources with each other."

He really has no intention of making money through funds. He hopes to use fund companies to win over his supporters, share the benefits to the nobles, and then master this powerful connection resource.

Because tyrants are a strategic resource!

Haven't you seen Sayed's heroic spirit before? Sheikh said that he was tight and had a strong $5 million, and if he gathered a group of "Sayed", wouldn't it be comparable to a money printing machine when he needed money one day?

There are too many local tyrants in the Middle East. If you can connect these people together through a medium, it will be equivalent to allowing yourself to master this powerful resource.

Obviously, interests are the most direct way of joining forces. Sheikh still has some projects that lack investment interest, but are promising and good returns for others.

He threw the business opportunities he looked down upon and when the rich made money, wouldn’t he be bound in terms of interests? At that time, whether it is for the royal power or money, they will be led by themselves.

The thought of being able to lead a group of tyrants is called achievement.

...

Basel found that his vision could not keep up with the prince. He did not expect that the prince would be so interested, and even broke out of the category of charitable funds and developed into an investment fund as the main body and charitable funds assisted.

But his thinking also broadened: "Your ideas have inspired me a lot. I hope to gather friends not only in Dubai, but also in the UAE, and even around the Gulf."

Xie He looked like a child and was very capable. He mobilized the local tyrants to win over the local tyrants. Of course, it was his strategy: "If you are familiar with my investment results, I can guarantee that the fund's project profit will not be less than 10%.

"As long as everyone is willing to join this private equity institution or trust our project, I will guarantee it with the strong royal funds, and the principal of all investors is guaranteed."

Basel appreciated the domineering spirit of the ruler. The prince promised to make money and made high profits. He did not limit the proportion of funds invested; the prince was not worried about losses, because behind him was the wealthy Dubai royal family.

Even he himself was moved by this condition and wanted to invest some money to participate, not to mention other rich people who only know how to spend money but have no ability to make money.

"I think this plan is very feasible." Basel took it seriously. "Your Highness, please give me some time. I will gather friends in this area and let's discuss this matter together."

"Do it well, I will come forward when the time comes." Sheikh also gave him support. If Basel can do it, he certainly doesn't mind participating.

On the contrary, if he cannot or is too low-end, he can get out at any time. In short, what the effect is, he must first look at Basel's connections.

...

Basel took the idea given to him by the crown prince and ran to hype the assembly call of the rich.

The acting chief, prime minister and vice president are still struggling in his position. The health insurance enforcement bill he proposed has been drafted, and all workers and tourists in Dubai will enjoy medical insurance.

Although he didn't know how Dubai did in later generations (actually the above plan), he was sure that Dubai later generations had implemented a model of guaranteeing foreign tourists, and medical insurance was a way to save money and effort.

As for how long it will take to truly implement it? There is no guarantee. I guess he, the fake chief, could not see it before he stepped down, but at least he had the signs of it, and sooner or later it would take root and sprout.

"Ah!" Sheikh stretched and yawned, "It's been four days. When will this old guy Alabar come?"

"He had several temporary business agreements to be signed and had to stay abroad," Amir explained.

"It's so annoying, my pyramid shopping center..." Sheikh looked at the ceiling and was stunned for a while, and the phone on the desktop rang.

Sheikh pressed to answer.

The General Secretary said: "Can you help me answer Mr. Basel's phone number?"

“Check it.”

"Your Highness, I have found a suitable partner, and Prince Sheikh Zaid will also attend. He is interested in your plan and plans to have a party on the yacht tonight. What do you think?"

"Zaid?"

Sheikh thought for a moment... The prince of the Abu Dhabi family! That's a real oil tycoon. Unlike Dubai, oil that had been dry long ago, the other party's feet were covered with black gold.

"Why is he interested in coming?" Sheikh was curious.

"Hey! Rashid! Aren't you welcome the addition of brothers' state funds?" Another voice came from the phone, obviously Zaid.

"How could I not be able to get along with the money?" Sheikh of course welcomed the rich, "How are you doing recently?"

"Not really, compared to your money-making wisdom, I am simply a primitive person." Zaid smiled, "I still remember the division of labor between the two families, right? Abu Dhabi is responsible for military power and Dubai is responsible for money, but now I begin to regret it."

"It's useless to regret it. Business opportunities are in my head, and I won't exchange much money!" Sheikh said with a smile. It's true. Although Abu Dhabi is rich, it all depends on oil.

Although Dubai does not have oil, its financial industry, trade, and tourism are more than ten streets away from them. When Dubai started building a seven-star hotel, Abu Dhabi had not yet considered how many roads it would build.
Chapter completed!
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