Artificial intelligence systems to monitor plant health could draw more students to agricultural research. Photo: Wageningen University and Research
Artificial intelligence systems to monitor plant health could draw more students to agricultural research. Photo: Wageningen University and Research
Artificial intelligence systems to monitor plant health could draw more students to agricultural research. Photo: Wageningen University and Research
Artificial intelligence systems to monitor plant health could draw more students to agricultural research. Photo: Wageningen University and Research

How AI can help produce a new crop of Emirati farmers


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The UAE is taking a leaf out of the Netherlands' book in attempting to persuade young Emiratis to take up farming by using advanced technology – including artificial intelligence – to drum up interest in the agricultural sector.

UAE professors and government officials from the environment and education ministries recently met diplomats, private companies, farmers and academics in the Netherlands to discuss food security before Cop28, which will be held in Dubai this November.

The meetings were part of a series of dialogues to gain knowledge of how the Netherlands has retained its role as the world’s second-largest exporter of agricultural produce after the US.

Young people don’t want to be farmers anymore
Oscar Niezen,
senior adviser at Lentiz Education Group, Netherlands

During field visits, experts from the Netherlands explained how AI, using real-time analysis of data, can monitor crop health round-the-clock.

AI systems can also help improve the quality of a harvest and detect disease in plants, with sensors providing detailed information to increase efficiency, forecast temperatures and predict the yield.

Agriculture no longer ‘old fashioned’

Leo Marcelis, professor horticulture and product physiology at Wageningen University and Research in the Netherlands, said it was a struggle to capture the attention of young people.

“Students and young people are traditionally not so interested in agriculture because they think it’s old-fashioned,” he said.

“But when they see new technology, they say, ‘Wow, this is innovation.’

“The young take sustainability really seriously and it attracts them to come here to study.

UAE professors plan to set up winter school projects and exchange programmes with colleges in the Netherlands including Wageningen University. Photo: Wageningen University and Research
UAE professors plan to set up winter school projects and exchange programmes with colleges in the Netherlands including Wageningen University. Photo: Wageningen University and Research

“With international collaboration we can ensure food is produced for people in the whole world in a sustainable way.”

Ranked among the world’s top agricultural research institutes, the university is known for cutting-edge studies and works with companies using greenhouses to employ technology to reduce water consumption and control the environment so crops can thrive.

Students have the option to study in applied agricultural science colleges or vocational schools that teach agricultural skills. Training and education is also available for farmers.

“We need to make farming attractive for young people. No farmers, no food,” said one poster at an education institute.

Change the perception of young people

Oscar Niezen, senior adviser for international projects with the Lentiz Education Group, said it was important that UAE students understand the quality of life farmers could have.

The group organises training programmes for international students in the Netherlands that run from a week to nine months.

Students visit farms for internships and work in greenhouses growing vegetables and flowers.

“They see the life of the grower is comfortable, cool even,” Mr Niezen said.'

  • Students at the Wageningen University & Research in the Netherlands are drawn to addressing food security challenges. Photo: Wageningen University & Research / Vincent Koperdraat
    Students at the Wageningen University & Research in the Netherlands are drawn to addressing food security challenges. Photo: Wageningen University & Research / Vincent Koperdraat
  • Technology used in greenhouses handled by university students in Wageningen University in the Netherlands is geared to promoting plant health and productivity. Photo: Wageningen University & Research / Vincent Koperdraat
    Technology used in greenhouses handled by university students in Wageningen University in the Netherlands is geared to promoting plant health and productivity. Photo: Wageningen University & Research / Vincent Koperdraat
  • A researcher at a laboratory in Wageningen University in the Netherlands that has delivered projects to save energy and reduce water consumption. Photo: Wageningen University & Research / Vincent Koperdraat
    A researcher at a laboratory in Wageningen University in the Netherlands that has delivered projects to save energy and reduce water consumption. Photo: Wageningen University & Research / Vincent Koperdraat
  • Fewer students are keen on taking agriculture as a profession worldwide and innovative research with sustainability as a focus can draw young people to farming. Photo: Wageningen University & Research / Vincent Koperdraat
    Fewer students are keen on taking agriculture as a profession worldwide and innovative research with sustainability as a focus can draw young people to farming. Photo: Wageningen University & Research / Vincent Koperdraat
  • UAE professors plan to set up winter school projects and exchange programmes with colleges in the Netherlands. Photo: Wageningen University & Research / Vincent Koperdraat
    UAE professors plan to set up winter school projects and exchange programmes with colleges in the Netherlands. Photo: Wageningen University & Research / Vincent Koperdraat
  • A visit by UAE government officials and academicians to the Netherlands on agriculture, technology and educational cooperation.
    A visit by UAE government officials and academicians to the Netherlands on agriculture, technology and educational cooperation.
  • Controlling the temperature in a greenhouse, monitoring water supplied to plants improves the yield. Photo: Rolf van Koppen
    Controlling the temperature in a greenhouse, monitoring water supplied to plants improves the yield. Photo: Rolf van Koppen
  • Real-time sensors and detailed data can improve the quality of a harvest and detect disease in plants. Photo: Rolf van Koppen
    Real-time sensors and detailed data can improve the quality of a harvest and detect disease in plants. Photo: Rolf van Koppen
  • Innovative technology in agriculture to boost farm productivity can raise interest in farming as a career option. Photo: Rolf van Koppen
    Innovative technology in agriculture to boost farm productivity can raise interest in farming as a career option. Photo: Rolf van Koppen
  • A visit by UAE government officials to the Netherlands on agriculture, technology and educational cooperation is set to lead to exchange programmes, food security technology initiatives between both countries. Photo: Rolf van Koppen
    A visit by UAE government officials to the Netherlands on agriculture, technology and educational cooperation is set to lead to exchange programmes, food security technology initiatives between both countries. Photo: Rolf van Koppen
  • A UAE delegation visits the Netherlands as part of ongoing partnerships to tackle water, food security and climate issues. Photo: Rolf van Koppen
    A UAE delegation visits the Netherlands as part of ongoing partnerships to tackle water, food security and climate issues. Photo: Rolf van Koppen
  • Winter school projects and exchange programmes with colleges in the Netherlands are being planned following an educational and research visit by UAE professors and government officials. Photo: Rolf van Koppen
    Winter school projects and exchange programmes with colleges in the Netherlands are being planned following an educational and research visit by UAE professors and government officials. Photo: Rolf van Koppen
  • Netherlands is one of the world's biggest exporters of flowers. Photo: Rolf van Koppen
    Netherlands is one of the world's biggest exporters of flowers. Photo: Rolf van Koppen
  • Horticulture businesses in the Netherlands were hit with crippling bills after Russia restricted gas supplies in response to Western sanctions over its invasion of Ukraine. Photo: Rolf van Koppen
    Horticulture businesses in the Netherlands were hit with crippling bills after Russia restricted gas supplies in response to Western sanctions over its invasion of Ukraine. Photo: Rolf van Koppen
  • LED lights that change colour, more robust insulation of greenhouses recommended for years by research students in the Netherlands were finally implemented by agricultural companies when faced with rising bills due to the energy crisis. Photo: Rolf van Koppen
    LED lights that change colour, more robust insulation of greenhouses recommended for years by research students in the Netherlands were finally implemented by agricultural companies when faced with rising bills due to the energy crisis. Photo: Rolf van Koppen
  • UAE academics are keen to collaborate with companies and universities in the Netherlands on robotics in agriculture. Photo: Rolf van Koppen
    UAE academics are keen to collaborate with companies and universities in the Netherlands on robotics in agriculture. Photo: Rolf van Koppen
  • UAE government officials on a visit to the Netherlands as part of an ongoing dialogue on food security and educational cooperation. Photo: Rolf van Koppen
    UAE government officials on a visit to the Netherlands as part of an ongoing dialogue on food security and educational cooperation. Photo: Rolf van Koppen
  • Variable lighting, LED lights that change colour recommended by university research students in the Netherlands have cut energy usage and improved the health of plants and flowers. Photo: Rolf van Koppen
    Variable lighting, LED lights that change colour recommended by university research students in the Netherlands have cut energy usage and improved the health of plants and flowers. Photo: Rolf van Koppen
  • UAE government officials and university professors on field visits in the Netherlands ahead of Cop 28 to be hosted in the Emirates later this year. Photo: Rolf van Koppen
    UAE government officials and university professors on field visits in the Netherlands ahead of Cop 28 to be hosted in the Emirates later this year. Photo: Rolf van Koppen

“They understand it’s not dirty. It’s good for young people to actually see this because for students all over the world, agriculture has a bad name.

“Young people don’t want to be farmers any more.

“But then they see how profitable it can be, that the grower has a nice car and house. Yes, he works hard but it’s a good job.

“The technology used in modern greenhouses can help change the perception of young people.

“When they see all this, it comes alive.”

Tech for the UAE

The UAE is aiming to become self-sufficient and produce fresh food locally.

Charbel Tarraf, chief of operations and development at the International Centre for Biosaline Agriculture, said that, to achieve this, a strategy was required to build vocational agricultural schools in the UAE to train young people.

The ICBA, based in Dubai, works with more than 50 countries, conducting crucial studies to improve the resilience of trees, irrigation efficiency and crop genome research.

“The UAE is at the start of its agricultural journey, the Netherlands is advanced and so we need to see how to learn from them,” he said.

“To have successful agriculture, you need manpower, human capital.”

He said sometimes in the Arab world, farmers are not as valued as they should be.

“But when you talk about entrepreneurship, technology that requires skill and bringing this to farms – that will definitely be an incentive for the young.”

Elke Neumann, a professor of plant nutrition in United Arab Emirates University's College of Agriculture and Veterinary Medicine, said exchange programmes would build knowledge on both sides.

The UAEU in Al Ain is the only institute in the country that offers higher education programmes in horticulture, food sciences and agribusiness.

UAE citizens make up the majority of about 160 students in specialised agriculture programmes at the university.

“Most students join not because they don’t find anything else to study but because they are really truly interested in agriculture,” she said.

“More and more students are finding jobs in new private companies.”

A visit by UAE government officials and academicians to the Netherlands on agriculture, technology and educational co-operation. Photo: Rolf van Koppen
A visit by UAE government officials and academicians to the Netherlands on agriculture, technology and educational co-operation. Photo: Rolf van Koppen

Over the past few years, the UAE has used technology to produce locally farmed salmon, berries and quinoa.

Vertical farms use a hydroponics system in which plants are grown in nutrient-rich water instead of soil.

Ms Neumann said the task before researchers was to develop unique systems to tackle harsh climate conditions.

“This requires confidence that we can find solutions specifically tailored to UAE requirements,” she said.

“We need intrinsically to do something for our country and not always modify a solution that is imported.

“We require a massive expansion of our agri-research capacity and it absolutely can be achieved.”

Disease detection

UAEU has joined forces with Khalifa University in Abu Dhabi to develop robotic technology for agriculture.

Irfan Hussain, assistant professor in Khalifa University’s mechanical department, is keen to use AI to guard against the spread of diseases in plants.

This is the future and is much needed for the UAE,” he said.

“I do believe we can get the next generation excited because of the tech element and the promise of innovation.”

UAE government officials said changing the mindset of local farmers to embrace technology and training was the way forward.

“We are looking to further develop our agricultural sector in terms of local production,” said Ahlam Al Mannaei, an agricultural engineer with the Ministry of Climate Change and Environment.

“We will need more education and to develop strong communication with local farmers to shift from traditional farming to modern farms.”

South Africa squad

Faf du Plessis (captain), Hashim Amla, Temba Bavuma, Quinton de Kock (wicketkeeper), Theunis de Bruyn, AB de Villiers, Dean Elgar, Heinrich Klaasen (wicketkeeper), Keshav Maharaj, Aiden Markram, Morne Morkel, Wiaan Mulder, Lungi Ngidi, Vernon Philander and Kagiso Rabada.

History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

The Bio

Favourite place in UAE: Al Rams pearling village

What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft

Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans

Best time to swim in the sea: When there is enough light to see beneath the surface

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates

 

Paris%20Agreement
%3Cp%3EArticle%2014%3C%2Fp%3E%0A%3Cp%3E1.%20%5BThe%20Cop%5D%20shall%20periodically%20take%20stock%20of%20the%20implementation%20of%20this%20Agreement%20to%20assess%20the%20collective%20progress%20towards%20achieving%20the%20purpose%20of%20this%20Agreement%20and%20its%20long-term%20goals%20(referred%20to%20as%20the%20%22global%20stocktake%22)%3C%2Fp%3E%0A%3Cp%3E2.%20%5BThe%20Cop%5D%20shall%20undertake%20its%20first%20global%20stocktake%20in%202023%20and%20every%20five%20years%20thereafter%C2%A0%3C%2Fp%3E%0A
RESULTS

6.30pm: Handicap (rated 95-108) US$125,000 2000m (Dirt).
Winner: Don’t Give Up, Gerald Mosse (jockey), Saeed bin Suroor (trainer).

7.05pm: Handicap (95 ) $160,000 2810m (Turf).
Winner: Los Barbados, Adrie de Vries, Fawzi Nass.

7.40pm: Handicap (80-89) $60,000 1600m (D).
Winner: Claim The Roses, Mickael Barzalona, Salem bin Ghadayer.

8.15pm: UAE 2000 Guineas Trial (Div-1) Conditions $100,000 1,400m (D)
Winner: Gold Town, William Buick, Charlie Appleby.

8.50pm: Cape Verdi Group 2 $200,000 1600m (T).
Winner: Promising Run, Patrick Cosgrave, Saeed bin Suroor.

9.25pm: UAE 2000 Guineas Conditions $100,000 1,400m (D).
Winner: El Chapo, Luke Morris, Fawzi Nass.

Klopp at the Kop

Matches 68; Wins 35; Draws 19; Losses 14; Goals For 133; Goals Against 82

  • Eighth place in Premier League in 2015/16
  • Runners-up in Europa League in 2016
  • Runners-up in League Cup in 2016
  • Fourth place in Premier League in 2016/17
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

FIXTURES

UAE’s remaining fixtures in World Cup qualification R2
Oct 8: Malaysia (h)
Oct 13: Indonesia (a)
Nov 12: Thailand (h)
Nov 17: Vietnam (h)
 

Fixtures (6pm UAE unless stated)

Saturday Bournemouth v Leicester City, Chelsea v Manchester City (8.30pm), Huddersfield v Tottenham Hotspur (3.30pm), Manchester United v Crystal Palace, Stoke City v Southampton, West Bromwich Albion v Watford, West Ham United v Swansea City

Sunday Arsenal v Brighton (3pm), Everton v Burnley (5.15pm), Newcastle United v Liverpool (6.30pm)

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S23%20ULTRA
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.8%22%20edge%20quad-HD%2B%20dynamic%20Amoled%202X%2C%20Infinity-O%2C%203088%20x%201440%2C%20500ppi%2C%20HDR10%2B%2C%20120Hz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%204nm%20Qualcomm%20Snapdragon%208%20Gen%202%2C%2064-bit%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%20RAM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20128%2F256%2F512GB%2F1TB%20(only%20128GB%20has%20an%208GB%20RAM%20option)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2013%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20quad%2012MP%20ultra-wide%20f%2F2.2%20%2B%20200MP%20wide%20f%2F1.7%20%2B%2010MP%20telephoto%20f%2F4.9%20%2B%2010MP%20telephoto%202.4%3B%203x%2F10x%20optical%20zoom%2C%20Space%20Zoom%20up%20to%20100x%3B%20auto%20HDR%2C%20expert%20RAW%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%208K%4024%2F30fps%2C%204K%4060fps%2C%20full-HD%4060fps%2C%20HD%4030fps%2C%20full-HD%20super%20slo-mo%40960fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2012MP%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205000mAh%2C%20fast%20wireless%20charging%202.0%2C%20Wireless%20PowerShare%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%205G%2C%20Wi-Fi%2C%20Bluetooth%205.2%2C%20NFC%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3B%20built-in%20Galaxy%20S%20Pen%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESIM%3A%3C%2Fstrong%3E%20single%20nano%20%2F%20nano%20%2B%20eSIM%20%2F%20nano%20%2B%20nano%20%2B%20eSIM%20%2F%20nano%20%2B%20nano%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20cream%2C%20green%2C%20lavender%2C%20phantom%20black%3B%20online%20exclusives%3A%20graphite%2C%20lime%2C%20red%2C%20sky%20blue%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh4%2C949%20for%20256GB%2C%20Dh5%2C449%20for%20512GB%2C%20Dh6%2C449%20for%201TB%3B%20128GB%20unavailable%20in%20the%20UAE%3C%2Fp%3E%0A
MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

Results

6.30pm: Al Maktoum Challenge Round-2 Group 1 (PA) US$75,000 (Dirt) 1,900m

Winner: Ziyadd, Richard Mullen (jockey), Jean de Roualle (trainer).

7.05pm: Al Rashidiya Group 2 (TB) $250,000 (Turf) 1,800m

Winner: Barney Roy, William Buick, Charlie Appleby.

7.40pm: Meydan Cup Listed Handicap (TB) $175,000 (T) 2,810m

Winner: Secret Advisor, Tadhg O’Shea, Charlie Appleby.

8.15pm: Handicap (TB) $175,000 (D) 1,600m

Winner: Plata O Plomo, Carlos Lopez, Susanne Berneklint.

8.50pm: Handicap (TB) $135,000 (T) 1,600m

Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass.

9.25pm: Al Shindagha Sprint Group 3 (TB) $200,000 (D) 1,200m

Winner: Gladiator King, Mickael Barzalona, Satish Seemar.

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

MATCH INFO

Championship play-offs, second legs:

Aston Villa 0
Middlesbrough 0

(Aston Villa advance 1-0 on aggregate)

Fulham 2
Sessegnon (47'), Odoi (66')

Derby County 0

(Fulham advance 2-1 on aggregate)

Final

Saturday, May 26, Wembley. Kick off 8pm (UAE) 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

MATCH INFO

AC Milan v Inter, Sunday, 6pm (UAE), match live on BeIN Sports

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

Developer: Ubisoft Montreal / Ubisoft Toronto
Publisher: Ubisoft
Platforms: Playstation 4, Xbox One, Windows
​​​​​​​Release Date: April 10

Stamp%20duty%20timeline
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Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

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.”

Updated: May 18, 2023, 6:02 AM