Mosques across Abu Dhabi are being retrofitted with faucets that use less water to save around Dh20 million annually. Mona Al Marzooqi / The National
Mosques across Abu Dhabi are being retrofitted with faucets that use less water to save around Dh20 million annually. Mona Al Marzooqi / The National
Mosques across Abu Dhabi are being retrofitted with faucets that use less water to save around Dh20 million annually. Mona Al Marzooqi / The National
Mosques across Abu Dhabi are being retrofitted with faucets that use less water to save around Dh20 million annually. Mona Al Marzooqi / The National

Change of taps at Abu Dhabi mosques to reduce water consumption and save Dh20m annually


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Changing water taps at more than 800 mosques will save Abu Dhabi nearly Dh20 million a year as part of the emirate’s drive to reduce consumption.

Abu Dhabi mosques use 9 billion litres of water each year, accounting for 1 per cent of all water consumption in the emirate. According to the Abu Dhabi Distribution Company (ADDC) up to 20 litres is typically used for wudhu, the act of washing before prayer.

The distribution arm of the Abu Dhabi Water and Electricity Authority (Adwea) is working towards reducing water usage with its mosques initiative by replacing older taps with newer, more efficient, models. This is part of the utility’s Tarsheed programme, which aims to slash water and electricity consumption by 20 per cent by 2030.

ADDC, the emirate’s facilities management company known as Musanada, and the General Authority of Islamic Affairs and Endowments (Awqaf) launched the project for all public mosques, and it is expected to be completed by the end of the year.

“The programme is one of a series of initiatives that we’re making available to our customers to help them reduce their water and electricity consumption,” said Saeed Al Suwaidi, the managing director of ADDC.

Retrofits such as this can save much more money, with the energy efficiency industry growing yearly as a result.

The International Energy Agency estimates that global investment in this sector was in excess of US$220 billion in 2015, a 6 per cent increase from the year before. And investment was strongest in the property sector.

While there are more than 1,300 mosques in Abu Dhabi, structures built after 2010 already comply with the emirate’s sustainability code known as Estidama.

ADDC began piloting the water-saving project last year at five mosques, and the results showed the automatic shut-off taps reduced water usage by up to 40 per cent.

The new taps have a flow of 4 to 6 litres per minute per tap – unlike the older faucets that deliver water at 10 litres per minute – as well as a 15-second shut-off time to further reduce waste. ADDC said that the retrofit will help to save about 1.75 billion litres of water a year.

Mr Al Suwaidi said the programme would reinforce the “culture and practices of water efficiency across mosques” in Abu Dhabi. There will be dedicated sermons delivered during Friday prayers in order to relay the message of the programme, ADDC said.

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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.”

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