An obligation posed by child abuse cases



Even one instance of child abuse is one too many. Recent cases of child abuse, although few in number, remind us that society needs ways to protect the most vulnerable. The challenge is to do that while limiting bureaucratic intrusion into family life to the essential minimum.

Around the world, the subject of cruelty to and sexual abuse of children is emerging into the light of day, and being met with the outrage it deserves. Sadly, such cases may not be as rare as we would like to believe. Statistics are scarce and unreliable but social workers and teachers are all-too-familiar with bruises, broken bones, emaciation, physical and mental scars, and other signs of abuse.

In modern society, the evidence of these crimes is often in plain view. But teachers and doctors who express concern can, as The National reported yesterday, find themselves obliged to hire a lawyer for their pains. This is not the way to encourage people to come forward.

On the other hand, nobody wants a system in which officious, overzealous bureaucrats come prowling around family homes on slight pretexts. Many bruises and other childhood injuries are innocent.

Striking the right balance will require legislation, training and common sense. The first two of these can be provided by official action.

The UAE has been considering a law on this subject since 2008, but it is still in draft form and the laws for implementation are still to come. It is no easy task to work out guidelines for initial inquiries and a framework for follow-up, walking the tightrope between legitimate concern and meddling. Under the draft bill, reporting of cases would be compulsory, giving legal protection to front-line care-providers who speak out to protect children.

Training is progressing. Many nursery workers are getting courses now. School social workers, who know the warning signs of abuse, also have a major part to play, but the whole education system needs more of these professionals. In some cases, police will ultimately be needed.

Finally, all involved in such cases will have to use common sense. Determination is essential in protecting children but judgement, politeness, prudence and discretion are all necessary, too. Angry public disputes, after all, do nothing to help the children whose well-being is the ultimate purpose of the whole endeavour.

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

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Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors