Water is most frequently served in plastic bottles, which is potentially problematic for personal and planetary health.
Wayout, a company founded in Stockholm in 2018 by entrepreneurs Martin Renck and Ulf Stenerhag, is aiming to enable hotels, restaurants, schools and hospitals, and eventually communities, to produce fresh mineral water locally and reduce a reliance on plastic bottles for its distribution and consumption.
On Tuesday, the company launched its first showroom in the UAE, in Dubai's Alserkal Avenue, where its container-style water-treatment facility is housed.
It uses a 12-step process to treat the water, using techniques such as sand filtration, reverse osmosis and ultraviolet disinfection. The micro-factory not only cleans the water, but also remineralises it, the founders explain.
“People don't know what perfect drinking water is,” Renck tells The National. “We're drinking water in plastic bottles with microplastics in it. We're drinking home-filtered water with bacterial growth. We're missing out on a lot of the important minerals.”
Wayout can produce up to 20,000 litres of clean water in a day, which, according to Renck, is enough to meet the daily demands of 10,000 people. The clean water is transferred into metallic kegs as an alternative to plastic bottles and then delivered to customers to be mounted on dispensers.
The problem with plastic
According to the UN Environment Programme, one million plastic bottles are purchased every minute globally. In the UAE, each individual consumes an average of 450 bottles of water per year, according to Dr Rahaf Ajaj, an assistant professor of environment, health and safety at Abu Dhabi University.
This has pushed government bodies in the Emirates to launch several initiatives, including the Dubai Can campaign to encourage residents to use refillable water bottles. Wayout estimates its production capacity can prevent the use of up to 13 million plastic bottles annually.
Aside from the environmental impact of plastic bottles, storing water in them has also been criticised as a health risk. Studies have shown that harmful chemicals from plastics can leach into the water if a bottle is exposed to heat or if water is stored in a bottle for long periods.
Scarcity and innovation
Wayout’s technology is also useful for areas bereft of potable water sources.
In 2021, the company installed one of its Wayout Pods in the northern Serengeti in Tanzania, where safe drinking water is scarce.
The same urgency does not necessarily exist in the UAE, however, Sheikh Majid Al Qassimi, founder of sustainability consultancy Soma Mater and a former government adviser, says there is a dangerous assumption that drinking water is “always available”.
“The truth is, it takes a lot to get drinking water that is clean and available at all times,” he tells The National.
Al Qassimi says innovators such as Wayout are crucial in creatively thinking of ways to remind people to be more conscious of their relationship with water.
“The hardest part for governments and industries is to change people's behaviour and there are a number of different ways to go about it. We need to bring the challenge to everybody's attention.”
Common OCD symptoms and how they manifest
Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.
Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.
Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.
Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.
Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.
Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
The figures behind the event
1) More than 300 in-house cleaning crew
2) 165 staff assigned to sanitise public areas throughout the show
3) 1,000 social distancing stickers
4) 809 hand sanitiser dispensers placed throughout the venue
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.”
How has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
The 15 players selected
Muzzamil Afridi, Rahman Gul, Rizwan Haider (Dezo Devils); Shahbaz Ahmed, Suneth Sampath (Glory Gladiators); Waqas Gohar, Jamshaid Butt, Shadab Ahamed (Ganga Fighters); Ali Abid, Ayaz Butt, Ghulam Farid, JD Mahesh Kumara (Hiranni Heros); Inam Faried, Mausif Khan, Ashok Kumar (Texas Titans
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5