Remigio Maradona says he does not buy luxury items. Pawan Singh / The National
Remigio Maradona says he does not buy luxury items. Pawan Singh / The National
Remigio Maradona says he does not buy luxury items. Pawan Singh / The National
Remigio Maradona says he does not buy luxury items. Pawan Singh / The National

Money & Me: 'I would rather help people than be rich'


  • English
  • Arabic

Remigio Maradona, a cousin of late football legend Diego Maradona, spent his early years in rural Argentina before relocating to New York.

Now based in Dubai, he is secretary general of the Intergovernmental Institution for the use of Micro-algae Spirulina Against Malnutrition (IIMSAM).

Although ancient in origin, spirulina is a “future food” that is key to eradicating malnutrition, Mr Maradona, 62, says.

He joined the UN’s headquarters in New York as a pioneering person of determination intern in 1985, having suffered childhood polio, and handled pivotal administrative positions while promoting creative programmes as a staunch disabled rights supporter.

Mr Maradona received a Mahatma Gandhi Seva (Service) Medal and Global Human Rights Protection Award for his work, becoming IIMSAM secretary general in 2010.

An accomplished poet, he lives in Arabian Ranches.

Did childhood impact your financial outlook?

I was one of few in Latin America to have polio in the upper extremities. They were extremely damaged, so I went through hell as a young person.

My aunt was in New York. I went there when I was 11 because the medical technology was there and had operations to give my arms functionality. There were programmes you could apply to, so most operations were free.

My aunt was a registered nurse and her husband a former marine, living in a middle-class, modest building.

That [life] made me the person I am today. I faced discrimination, had to fight for everything.

But your quality of life improved?

Yes. I went to elementary school, junior high school, to one of the best colleges in New York and did my bachelor of arts in political science, got a scholarship to do my master's degree in international diplomacy and administration. I never paid a cent.

I was a member of New York's protective services for adults for 20-plus years, earning about $32,000 a year. We are talking 1980s and 1990s.

Because I am a person of determination [and] the beauty of New York, I was able to find subsidised housing. I was working during the day, then would go to the UN.

What brought spirulina your way?

I “grew up” in the UN system from 1984, all the way to my arrival in Dubai.

I was an intern and liked the international scenery. I got into the humanitarian field and wanted to help people.

I have seen so much misery in South America and got an opportunity inside the UN system to be involved in a programme that distributes spirulina, a micro-algae popular in the 1960s and 1970s that can literally end malnutrition.

Aztecs, the Incas and the Roman Empire used it. One of the ambassadors said there was this dormant UN programme about spirulina and he helped make it into an intergovernmental organisation programme.

How did Dubai happen?

I was invited by a prominent person, an Emirati. I was sitting in the UN delegate lounge and got a phone call saying: “I want to help you.”

I came as a tourist in 2009, then in 2011, and in 2013 decided to stay. He wanted me to do the work from here and helped me get funding.

When I saw the Dubai skyline from an Emirates plane, I said: “This is a Manhattan”, except we are blessed with security. I was held up twice with a knife [in New York].

Have you ever been money motivated?

Money has never been my desire. I live in a conservative environment.

I could have made a lot of money during my lifetime, gone into private business, but I always cared, to help people … maybe because I had polio when I was two years old, which changed my life.

Remigio Maradona says money is important because it is the petrol that runs the show. Pawan Singh / The National
Remigio Maradona says money is important because it is the petrol that runs the show. Pawan Singh / The National

Getting funding [for IIMSAM] can be cumbersome. I created a goodwill ambassadors programme. They go out, buy the spirulina and distribute it. If we have to feed 5,000 kids, we make the calculation on how much money it is and the goodwill ambassador pays for that.

Has the Maradona surname helped?

Of course. Diego was a goodwill ambassador of Unicef for many years.

We had a football event with one of his friends in New York, events with Argentinian players.

I had several goodwill ambassadors from football. Not big names like Diego, but one from Brazil, Ronaldinho. They help get the word around.

What is your personal spending and saving viewpoint?

I am a saver and keep it simple. I do not buy luxury stuff. My car is a 2009 Mercedes. It is not that I am a miser; I live within my means because I am not getting rivers of money as is the case with some people.

With this Ukraine war, prices are getting pretty bad, so I do not buy certain things I used to … a lot of people I know are doing the same. I have to be disciplined.

We all should value what we have because it can be gone tomorrow.

Do you have a cherished purchase?

A gold necklace I bought with a crucifix on. My father also had one. It was one of the first gifts I gave myself for my “big” birthday.

Anything you like spending on?

Going out with friends and talking about the world in an affordable restaurant. And I am a gadget guy. I bought one that suspends the keyboard and makes it easier to type.

I do not obsess for money, I am not this kind of person. I am just happy when I am helping people
Remigio Maradona

How do you feel about money?

Money is important because it is the petrol that runs the show. If you do not have it, how are you going to do things?

So, you need money in the world but money should not make you a slave … for some people, money does.

You and me are people that, maybe, can adjust if we do not have money; even though it is difficult, we have the capacity to survive with or without it.

So, rich doesn’t necessarily mean happy?

There are thousands of millionaires around the world [for whom] money has not made them happy. You see the headlines.

Money is important, it is a catalyst to make things go, but there are people that cannot live with less than a million dollars a year.

I do not obsess for money, I am not this kind of person. I am just happy when I am helping people … but I do realise you cannot have a life in this world without money.

But you have also seen its positive power?

It can be a force for good, in the right hands and the right leadership. We are very innovative (at IIMSAM); we have to be out of the box when you do not have the millions that Unicef or the World Food Programme have.

In 12 years of humanitarian activities, I do not think we have ever passed $1.2 million, which is nothing in today’s money, and we have [helped] more than 100,000 people.

We have some big names [supporting us] and people automatically assume everybody’s donating a million dollars a year each, which is totally inaccurate. In most cases, it is just the name; if they want to give, the doors are always open.

What are your goals?

I want to experience driving a car, even for just for two blocks. My other dream is to look at the world and see we have very little malnutrition – 700 million people go to bed hungry every night … we should not have hunger.

I am proud of what we have done with an extremely limited budget.

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

The winners

Fiction

  • ‘Amreekiya’  by Lena Mahmoud
  •  ‘As Good As True’ by Cheryl Reid

The Evelyn Shakir Non-Fiction Award

  • ‘Syrian and Lebanese Patricios in Sao Paulo’ by Oswaldo Truzzi;  translated by Ramon J Stern
  • ‘The Sound of Listening’ by Philip Metres

The George Ellenbogen Poetry Award

  • ‘Footnotes in the Order  of Disappearance’ by Fady Joudah

Children/Young Adult

  •  ‘I’ve Loved You Since Forever’ by Hoda Kotb 
Essentials

The flights
Whether you trek after mountain gorillas in Rwanda, Uganda or the Congo, the most convenient international airport is in Rwanda’s capital city, Kigali. There are direct flights from Dubai a couple of days a week with RwandAir. Otherwise, an indirect route is available via Nairobi with Kenya Airways. Flydubai flies to Kinshasa in the Democratic Republic of Congo, via Entebbe in Uganda. Expect to pay from US$350 (Dh1,286) return, including taxes.
The tours
Superb ape-watching tours that take in all three gorilla countries mentioned above are run by Natural World Safaris. In September, the company will be operating a unique Ugandan ape safari guided by well-known primatologist Ben Garrod.
In the Democratic Republic of Congo, local operator Kivu Travel can organise pretty much any kind of safari throughout the Virunga National Park and elsewhere in eastern Congo.

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Results

2pm: Handicap Dh 90,000 1,800m; Winner: Majestic Thunder, Tadhg O’Shea (jockey), Satish Seemar (trainer).

2.30pm: Handicap Dh120,000 1,950m; Winner: Just A Penny, Sam Hitchcott, Doug Watson.

3pm: Handicap Dh105,000 1,600m; Winner: Native Appeal, Pat Dobbs, Doug Watson.

3.30pm: Jebel Ali Classic Conditions Dh300,000 1,400m; Winner: Thegreatcollection, Adrie de Vries, Doug Watson.

4pm: Maiden Dh75,000 1,600m; Winner: Oktalgano, Xavier Ziani, Salem bin Ghadayer.

4.30pm: Conditions Dh250,000 1,400m; Winner: Madame Ellingtina, Richard Mullen, Satish Seemar.

5pm: Maiden Dh75,000 1,600m; Winner: Mystery Land, Fabrice Veron, Helal Al Alawi.

5.30pm: Handicap Dh85,000 1,000m; Winner: Shanaghai City, Jesus Rosales, Rashed Bouresly.

AUSTRALIA%20SQUAD
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Ibrahim's play list

Completed an electrical diploma at the Adnoc Technical Institute

Works as a public relations officer with Adnoc

Apart from the piano, he plays the accordion, oud and guitar

His favourite composer is Johann Sebastian Bach

Also enjoys listening to Mozart

Likes all genres of music including Arabic music and jazz

Enjoys rock groups Scorpions and Metallica 

Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil

A%20MAN%20FROM%20MOTIHARI
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TECH%20SPECS%3A%20APPLE%20IPHONE%2014%20PLUS
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You Were Never Really Here

Director: Lynne Ramsay

Starring: Joaquim Phoenix, Ekaterina Samsonov

Four stars

What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

U19 WORLD CUP, WEST INDIES

UAE group fixtures (all in St Kitts)

  • Saturday 15 January: UAE beat Canada by 49 runs 
  • Thursday 20 January: v England 
  • Saturday 22 January: v Bangladesh 

UAE squad:

Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles
Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly,
Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya
Shetty, Kai Smith  

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

RESULTS

1.45pm: Maiden Dh75,000 1,400m
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m
Winner: Raakezz, Tadhg O’Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m
Winner: King’s Shadow, Richard Mullen, Satish Seemar

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

New schools in Dubai
LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Titan Sports Academy:

Programmes: Judo, wrestling, kick-boxing, muay thai, taekwondo and various summer camps

Location: Inside Abu Dhabi City Golf Club, Al Mushrif, Abu Dhabi, UAE

Telephone:  971 50 220 0326

 

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A
What is tokenisation?

Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

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

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3ESingle%20front-axle%20electric%20motor%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E218hp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E330Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20automatic%3Cbr%3E%3Cstrong%3EMax%20touring%20range%3A%20%3C%2Fstrong%3E402km%20(claimed)%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh215%2C000%20(estimate)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ESeptember%3C%2Fp%3E%0A
match info

Chelsea 2
Willian (13'), Ross Barkley (64')

Liverpool 0

Newcastle United 0 Tottenham Hotspur 2
Tottenham (Alli 61'), Davies (70')
Red card Jonjo Shelvey (Newcastle)

Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

Apple%20Mac%20through%20the%20years
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Notable cricketers and political careers
  • India: Kirti Azad, Navjot Sidhu and Gautam Gambhir (rumoured)
  • Pakistan: Imran Khan and Shahid Afridi (rumoured)
  • Sri Lanka: Arjuna Ranatunga, Sanath Jayasuriya, Tillakaratne Dilshan (rumoured)
  • Bangladesh (Mashrafe Mortaza)

The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press

Profile Periscope Media

Founder: Smeetha Ghosh, one co-founder (anonymous)

Launch year: 2020

Employees: four – plans to add another 10 by July 2021

Financing stage: $250,000 bootstrap funding, approaching VC firms this year

Investors: Co-founders

match info

Union Berlin 0

Bayern Munich 1 (Lewandowski 40' pen, Pavard 80')

Man of the Match: Benjamin Pavard (Bayern Munich)

Updated: June 19, 2023, 3:33 AM`