New layers of airport security screening procedures have been added around the world after attempted or planned attacks with explosives.
New layers of airport security screening procedures have been added around the world after attempted or planned attacks with explosives.

'High-risk' flyers face tougher security checks: IATA



GENEVA // The airline industry's largest lobbying group plans to radically alter 40-year-old passenger screening methods that it says can no longer cope with today's security demands.

The International Air Transport Association (IATA) says it will work with governments and airports over the next two to three years to introduce the first versions of its proposed "IATA Tunnel", which would integrate airline passenger data from the passengers themselves and government security agencies to create three screening tunnels. This would speed up screening procedures and do away with a one-size-fits-all strategy, IATA said.

The three lanes would constitute one "known traveller lane" for passengers who are considered the lowest risk, either because they have provided a high level of information about themselves or could be frequent travellers. These travellers would be subjected to a base level of security, while a second, enhanced security lane would have more stringent screening methods for passengers for whom no information was known. A third lane would handle the majority of travellers falling in between these two categories.

Giovanni Bisignani, the director general and chief executive of IATA, said: "The biggest problem we have now is the hassle at too many airports for our passengers." "The biggest problem we have now is the hassle at too many airports for our passengers,' said

Complicated layers of security screening procedures have been added around the world after attempted or planned attacks, with explosives in passengers' shoes, in liquids, or in one case, underwear. Some of these methods, in particular in the US and Europe, have even become the object of public protest.

Mr Bisignani said: "We have to be able to find bad people and not just bad objects. How do we do it? With a combination of technology and intelligence."

Under the proposals, passengers would approach a kiosk and identify themselves with a fingerprint, their passport, and with a mobile phone boarding pass. The information would be analysed by the airline and intelligence and security agencies to assess risk factors, such as if the traveller paid in cash, was travelling with luggage, or was included on any government watch lists, Mr Bisignani said.

Based on the information, the traveller would be invited to join one of the three tunnels.

Kenneth Dunlap, the director of security and travel facilitation at IATA, said early versions of the tunnel system would still include today's screening equipment, such as body scanners, metal detection and baggage screening equipment, and airports would decide the screening process for each lane.

But the system would also include more cutting-edge technologies under development, such as explosives detection systems, including some equipment similar to today's CAT scan machines used for medical examinations, Mr Dunlap said.

Like the proposed changes to passenger screenings, IATA believes reform is also needed in the air cargo industry, which was severely disrupted in October by a foiled attempt in Yemen to blow up cargo planes bound for the US in mid-flight. The consequences are still being felt, with logistics firms such as Aramex, based in Dubai, refusing to accept cargo from Yemen.

IATA wants to push for a globally accepted assurance system to identify lower-risk packages and higher-risk packages.

Mr Bisignani said: "We think we need a risk-based approach, and identify in the value chain whether a package is coming from a certified provider." The alternative, which some politicians have proposed, is 100 per cent screening for all cargo, which IATA believes would severely disrupt international trade. At present, air cargo ships 30 per cent of all global trade by value. "If you require 100 per cent screening you would physically stop the work," Mr Bisignani 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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Fuel economy, combined: 12.7L / 100km

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Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

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Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

Fixtures

50-over match

UAE v Lancashire, starts at 10am

Champion County match

MCC v Surrey, four-day match, starting on Sunday, March 24, play starts at 10am

Both matches are at ICC Academy, Dubai Sports City. Admission is free.