The UAE is to open the region’s first centre to detect Alzheimer’s as early as the age of 40 through a simple blood test.
In the race to detect the disease early, the new centre in Abu Dhabi - which will open within the next two months - will offer blood tests that can identify the risk of the condition before symptoms appear. The tests are set to replace older, more invasive methods that required spinal fluid collection.
The National Reference Laboratory (NRL), part of the M42 Group, has teamed up with Neurocode International to establish the Middle East and North Africa region’s first Centre for Advanced Neuro Biochemical Diagnostics, it was announced at Abu Dhabi Global Health Week.
“There have been great advancements in the detection of molecules that are associated with Alzheimer’s disease in the blood,” Dr Laila Abdel Wareth, chief executive of NRL, told The National. “We used to go by a needle at the back of the patient to get a sample of the fluid surrounding the brain. This is obviously a very invasive procedure, and a lot of patients, even when they have symptoms, decline this procedure. Because of advances in technology and voluntary medicine techniques, we are now able to measure those biomarkers in the blood. So that really helps early detection of this disease.”
What are the markers of Alzheimer's?
Blood markers can reveal a person’s predisposition to Alzheimer’s years before the first symptoms. Alzheimer’s is known to progress slowly and often goes unnoticed for many years. The changes in the brain, particularly the build-up of amyloid proteins, begin long before cognitive problems appear.
“They can go to work. They can drive their car. They seem like a perfectly normal individual. There is no way you can tell that this individual is going to develop the disease [other than with this test],” Dr Abdel Wareth said.
If a patient's biomarkers do indicate the early stages of Alzheimer's following the test, visible symptoms usually begin about five to eight years after that point - a stage referred to as mild cognitive impairment.
“The patient is aware that there is something wrong," Dr Abdel Wareth said. "He or she is no longer at 100 per cent of their capacity - maybe 80 or 70 per cent. Some people call it brain fog. If you don’t do anything about this mild cognitive stage, then the disease will progress. More neurons, more brain cells will die. Eventually, the patient will develop Alzheimer’s disease."
From that point, people often lose their ability to live independently. “By the age of 65, these symptoms become very apparent. With every passing year, there is a progressive cost,” Dr Abdel Wareth said. “But the problem here is, once you reach that state, already the train has started. So really, the key thing is to intervene early on, when the individual starts thinking there's something wrong.”
How is Alzheimer's treated?
While there is still no cure for Alzheimer’s, the hope is that early intervention can delay or slow its progression.
“There are studies now that demonstrate simple lifestyle changes such as weight loss and exercise are very important,” Dr Abdel Wareth said. “Some studies have demonstrated that the markers will actually go down. The lifestyle intervention actually does help, and the memory improves in such patients.”
Dr Abdel Wareth also referred to a new class of drugs that target amyloid build-up in the brain. These are typically administered through infusions and monitored over the course of 18 months to two years. “Even in stage one, you can still do something. But the only thing is, you cannot go back. The only thing you can do is prevent rapid progression to stage four, when the patient is unable to walk. This is what makes this test so important - why wait for somebody to develop symptoms?”
Beyond Alzheimer’s, the new centre will also develop diagnostic tools for neurological conditions, including Parkinson’s disease and the chronic autoimmune disorder myasthenia gravis. It aims to establish the world's most advanced clinical diagnostic laboratory for brain disorders, guiding global clinicians in precision detection.
Discussions are also under way with the Department of Health to determine when and how the tests should be covered by insurance. The centre's exact location is yet to be confirmed.
“This centre will revolutionise the early, proactive detection of Alzheimer's, underscoring our dedication to and the importance of preventive health. By focusing on early intervention, we aim to reduce the impact of Alzheimer's and improve the quality of life for patients in the UAE and beyond,” said Hasan Al Nowais, managing director and group chief executive of M42.
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Euro 2020 qualifier
Norway v Spain, Saturday, 10.45pm, UAE
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district
Was a middle distance state athletics champion in school
Enjoys driving to Fujairah and Ras Al Khaimah with family
His dream is to continue working as a social worker and help people
Has seven diaries in which he has jotted down notes about his work and money he earned
Keeps the diaries in his car to remember his journey in the Emirates
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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.”
Heavily-sugared soft drinks slip through the tax net
Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.
Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.
A 680ml can of Arizona Iced Tea costs just Dh6.
Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
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Arsenal's pre-season fixtures
Thursday Beat Sydney 2-0 in Sydney
Saturday v Western Sydney Wanderers in Sydney
Wednesday v Bayern Munich in Shanghai
July 22 v Chelsea in Beijing
July 29 v Benfica in London
July 30 v Sevilla in London
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded