Shains recycled rubber bracelets Dh37-Dh60
Shains recycled rubber bracelets Dh37-Dh60
Shains recycled rubber bracelets Dh37-Dh60
Shains recycled rubber bracelets Dh37-Dh60

Dubai's Ekotribe expands, highlighting demand for sustainable products


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Anu Agarwal is dreaming of importing small, ready-to-grow plants, but knows she will face red tape getting them into the UAE. She would also like to find a stackable crate system that would work as a home recycling centre. "I think these would be in demand from the villa group," she says.

The challenges continue for Anu, who has made a fast name for herself by importing innovative green products through her company Ekotribe. In just three years she has launched both the business and an online portal, and last month opened her first permanent kiosk on the ground floor of Dubai's Mercato Mall. Ekotribe now offers more than 400 products and delivers all over the UAE, while the website averages 1,000 hits and inquiries per day.

In 2008, the 45-year-old mother of two first started reading up on climate change and other environmental issues. She immediately spotted the opportunities that existed for an eco-minded entrepreneur in a country with one of the world's largest carbon footprints. "I started to realise that even if I wanted to go green, there wasn't anything here for you to do it," she says. "When you go abroad, you find so much in the West."

She started attending trade shows, including one at the end of 2008 called Opportunity Green in California, where she happened to be on holiday. "I was amazed at what I saw there," she says. "There was a whole world out there and in the UAE we had no idea."

The most pressing need, she felt, was to begin to replace the vast amount of plastic water bottles heading to local landfills. Good alternatives were hard to find, and even those that were sold as environmentally friendly were often made of a popular hard plastic that contained Bisphenol A, or BPA, a suspected hormone disruptor.

Over the next six months, to the middle of 2009, she sourced products and started to import those she was satisfied with from various suppliers. Her first selections included notepaper from Ecojot, a Canadian company that makes 100 per cent post-consumer recycled paper products, and the USBcell AA Battery from the UK's Moixa Energy, which uses a USB port to recharge.

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To mark Earth Week, The National directs its focus on the environment, highlighting the need for education and attention to the needs of our planet.

The water bottle conundrum was solved when she found the Ecousable stainless steel version from the US. She began selling her wares to corporations, who used them as gifts for clients and rewards for staff. "We started getting a lot of enquiries from people saying 'where can I get one of these for myself?'" says Anu. "That's what got me thinking there was individual demand."

Originally from New Delhi, Anu studied computer science in the US, at George Mason University in Virginia, before moving to Dubai 20 years ago. She spent six years working as a systems analyst for General Motors before she and her husband set up a web development firm.

Ekotribe was born in September 2009 and Anu officially launched the online space, TheGreenEcoStore.com, in November of the following year. Her first temporary kiosk opened at the Covent Garden Market at The Walk at JBR that December.

The couple poured Dh1million into acquiring stock in the early days of the business, and so far have hired six staff and two delivery people to meet demand.

Anu has big expansion plans for next year, too, when she hopes to open her own retail store somewhere in the UAE. She is in talks with supermarkets about selling her products and is looking to franchise or open corporate stores in Lebanon, Qatar and Bahrain.

There are also plans to open a space in Abu Dhabi, which is responsible for 40 per cent of the orders to the online store. "I would say the majority of my clients, 65 per cent of them, are western expatriates," says Anu. "The rest are Arab ladies. I think the educated Arab lady is really picking up on this." Anu loves to watch the reaction to the products from Arab families who come by the JBR branch. "I did not expect them to have so much interest," she says.

Anu has integrated her products into her own life and encourages her family to do the same. Her husband uses Earth Golf Balls, a recycled variety marketed as the world's first eco-friendly golf ball (Dixon, Dh175), while she uses a shower timer, available in water droplet or bird shape, (Ripple, Dh50).

Her teenage son, one of two children, is taking a little more work. "My son is a typical UAE product, so I struggle with him," she says. "Just the long showers."

Environmental awareness is still spreading in the UAE, but Anu is convinced that with the right education, perseverance and having more reusable, sustainable alternatives available, people will eventually change their ways. She cites the initial reaction at her local coffee shop to her Keep Cup, a cute reusable Barista-size hot liquid container that has become the company's top seller, as an example.

"I would get a weird look the first few times, but then the guy, he just figured it out," she says. "I think we're in that phase now; it's a phase where everything is being used for the first time."

The important thing to remember, says Anu, is that it does not take big, expensive changes to have a greener lifestyle. "All the products are very easy to integrate into your life and you don't have to compromise on quality," she says.

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.”

Business Insights
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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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The stats: 2017 Jaguar XJ

Price, base / as tested Dh326,700 / Dh342,700

Engine 3.0L V6

Transmission Eight-speed automatic

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Fuel economy, combined 9.1L / 100km

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Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).