First we have this headline from The Wall Street Journal "Dubai Sheiks to Dodge Davos Spotlight" which contains this absolutely delightful quote. Par for the course?
Ahmed Al Sheikh, the head of a new media affairs unit set up earlier this month to coordinate the emirate's communication's strategy with the press, was unreachable for comment and didn't reply to phone messages.
And then again it could just be part of a new focus on expense control. No unnecessary trips. The Wall Street Journal did describe it as an "annual jamboree". And I suppose no unnecessary international phone calls on the Company's dirham.
But it's not just shaykhs who are staying home and off the panels as speakers. A lot of bankers from struggling institutions have demurred as well. You know those tough titans of finance. The ones who are not afraid of rugged competition. Yet they are apparently possessed of delicate sensibilities after all.
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