Brian will explain how Arif Naqvi and his Dubai based Abraaj Group pioneered private sector impact investment in emerging markets to improve health care, education, clean energy, and access to consumer goods while delivering returns for investors. The Abraaj Group (Abraaj means ‘towers’ in Arabic) were on the threshold of closing a new fund that would invest US$6 billion into these emerging markets. Then Donald Trump entered the White House and the President’s friends in private equity, who wanted a piece of the emerging markets action, could now see a way to get it. Find out what followed, how the dominant media narrative portrayed these events, who benefited and who suffered, and why the towers of Abraaj were deliberately torched and then left to burn.
Brian Brivati had a twenty-year academic career at the Institute of Contemporary British History and then Kingston University as professor of contemporary history, human rights, and life writing. In 2009 he left academia to run the John Smith Memorial Trust and went on to become a special adviser and mentor to emerging leaders. He has worked with governments, individuals, corporations, and organisations in over twenty countries across the world. His articles and reviews have appeared in all major UK broadsheets and he has broadcast regularly in UK and internationally. ICARUS is his sixth book.