Sharjah Safari, which first opened to the public in February, is reopening on Wednesday after a summer hiatus.
The sprawling wildlife attraction covers an area of eight square kilometres and is located in Al Bridi Nature Reserve in the city of Al Dhaid in Sharjah.
Sharjah Safari, which claims to be the largest outside Africa, is home to more than 1,000 animals and birds and 120 species, including 70 species and rare animals native to Africa, the rarest of which will be the black rhinoceros. More than 1,000 native and African trees, including the umbrella-shaped Acacia tortilis, have been planted across the site.
It's separated into 12 themed environments, each representing a region in Africa, and the life and terrain of the animals and birds that live in them.
"Each environment represents a different part of Africa and embodies the vision of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to form a family attraction and a cultural and ecological tourist destination that protects and preserves biodiversity and contributes to environmental sustainability," said Hana Saif Al Suwaidi, chairwoman of the Environment and Protected Areas Authority in Sharjah.
"We, at Sharjah Safari are keen to offer our visitors a unique and immersive experience that enables them to discover African wildlife and delve into its diverse environments, such as that of the charming Kalahari environment. This environment is rich in nature and includes several types of birds, antelopes, and gazelles, which mimic the Kalahari Desert in Africa.
"It is an arid desert region that occupies a large area common to three African countries and moves between the Savannah in the north and east and Namibia to the west. This waterless region embraces elements of wildlife that depend on seasonal rains."
The black rhinoceros, considered one of the rarest animals, is one of the star attractions.
Another highlight is Wuhaida, the first female southern white rhino born in Sharjah Safari in August last year. Wahaida's birth is the result of the Safari's breeding programme, supported by the UN, that focuses on African native species.
There's also Bridi, the first African female giraffe born in Sharjah Safari. Bridi's parents arrived in Sharjah from South Africa in May 2017.
Sharjah Safari is within Al Bridi Nature Reserve, created by Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah. Sheikh Dr Sultan issued a decree in 2018 prohibiting any form of activity that would damage or deteriorate the ecosystem and cause wildlife or maritime damage in the area.
Ticket prices and opening hours
No changes to the ticket prices and opening hours have been reported for the new season.
Various ticket categories are available for access to Sharjah Safari's 12 themed environments. Bronze tickets, which are inclusive of a two-to-three-hour walking tour to one environment, are Dh15 for children between the ages of 3 and 12, and Dh40 for those 12 years and over.
Silver tickets, with access to all environments except Serengeti, are Dh50 for children aged 3 and 12, and Dh120 for those 12 years and over. The ticket is inclusive of a seat on a bus and the tour will last five to six hours.
Gold tickets will give visitors access to all environments and includes a ride in a luxury car as well as a private guide for a tour lasting five to six hours. Tickets are Dh120 for children aged 2 to 12 and Dh275 for those over 12.
Within the Gold category, a group of six people can also hire a luxury car with a guide for Dh1,500 or pay Dh2,250 for nine people or Dh3,500 for 12 people.
Sharjah Safari will be open daily from 8.30am until 6.30pm. The last entry is 2pm for Gold and Silver ticket holders and 4pm for those with Bronze tickets.
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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