DUBAI // Unsupervised access to smart-phone technology and the internet is a threat to children, parents were warned yesterday.
"Parents must understand that the boundaries of their homes in which their children were once safe no longer exist the second an internet cable enters their house," said Major Faisal al Shamari of the Higher Committee for the Protection of Children.
He was speaking in Dubai at the Working Group of Specialists Meeting on IT Crime, hosted by local police authorities in association with Interpol. Although he was unable to provide statistics, Maj al Shamari said incidents of children taking indecent pictures and posting them online were on the increase. "Our investigations suggest that children were using the smart phones to bypass proxies," he said.
He urged parents to be more cautious with technology, and not to leave their children unsupervised when using the internet. He added that he saw no reason for parents to make technology such as web cameras and smart phones available to young people.
"The common sense used by parents in the real world needs to be implemented in the virtual world, too. They need to monitor their children to protect them," Maj al Shamari said.
He referred to a report published around two years ago by Google Trends, which found that "sex" topped the list of search terms used by young Arabs, followed by "terrorism" and "religion".
This, he said, reflected a low level of self-awareness among Arab young people.
"Parents need to create self-awareness among children and educate them about the threats and, at the same time, make sure that their children are not falling victim to abuse," Maj al Shamari said.
The issue of awareness was also raised by Jamie Ansieta, the assistant director of Interpol's Financial and High Tech Crime unit, who was at the meeting to take note of information provided by member countries about cyber crime in the Middle East and North Africa.
"Awareness is important," he said, "as it does not matter how much legislation or enforcement tools there are, the crime will continue to be big if there is not enough awareness about its danger, both on a government and societal level."
Although Dubai Police have set in place a mechanism to combat cyber crimes, including child abuse, Maj Gen Khamis al Mazeina, the deputy police chief, said sexual cyber crime did not exist in the emirate.
"We do not have a single case registered, thanks to our conservative Islamic values, which prevent this from happening," he said.
But the vice president of the Mena Group of Specialists on IT Crime, Lieutenant Colonel Yousef Abdullah, from Kuwait, said those values were being destroyed by cyber crime.
"The region is targeted by political organisations that seek to penetrate the minds of Arab youth and destroy the moral system through pornographic websites," he told the meeting.
The most common cyber crimes in the Gulf region, he said, were defamation and extortion cases, hacking, electronic fraud and phishing.
The group hoped to address these issues during the meeting, which concludes today, and said they would work to find future strategies and mechanisms to combat cyber crime.
The two-day event is part of the preparation for the annual international meeting of cyber crimes experts, which takes place in Lyon, in France, and aims to set a strategy and provide tools to combating cyber crime on a global level.
wissa@thenational.ae
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2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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The years Ramadan fell in May
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
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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.”
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
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
Sukuk
An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
The%20Iron%20Claw
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POWERWASH%20SIMULATOR
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Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
CHATGPT%20ENTERPRISE%20FEATURES
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Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
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SPECS
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