Ukrainians queue to board a train in Zahony, Hungary, on Saturday. Getty Images
Ukrainians queue to board a train in Zahony, Hungary, on Saturday. Getty Images
Ukrainians queue to board a train in Zahony, Hungary, on Saturday. Getty Images
Ukrainians queue to board a train in Zahony, Hungary, on Saturday. Getty Images


Ordinary people helping Ukrainians deserve applause


  • English
  • Arabic

March 14, 2022

For the second time in less than 12 months, the world is rallying in the face of a mass exodus of people from their homeland.

About three million Ukrainians have crossed the country's western borders to seek shelter from the war. Large numbers of Afghans were uprooted last summer following the Taliban takeover of their country. Elements of how people have responded to both tragedies are very similar.

A jagged array of cardboard boxes filled with donations is stacked at reception centres or drop-off points. This is a most obvious manifestation that people care; that they are stirred to help. They go to the trouble of taking a bulky package and delivering it to the volunteers who promised to get it to the displaced. There are other signs of the visceral will to help, such as the vans crisscrossing Europe, driven by people who want to help transport arrivals from the border to new sanctuaries all around the continent.

The 18th-century thinker and politician Edmund Burke would have viewed this as the mobilisation of the "Little Platoons" – family, church and local community – that he saw as the “link points” of social capitalism. An individual so motivated can contribute money, labour or ingenuity to help those fleeing.

The public's attitude compares well to that of the officials in charge of the immigration-based response to the crisis

Yet, there is also something of a backlash about the rush to give, especially where heavy items are involved. The goods mount up in what the shipping industry calls "irregular loads". There is nothing homogenised about the piles of donations. And the costs of sorting, loading and reloading can easily exceed the underlying value.

The gift can actually cost more, even to dispose in a landfill, than any presumed value on the part of the giver. Cash to buy the components of care packages, such as shampoo, is much better spent in Moldova, which shares a border with Ukraine, than sending bottles from faraway UK.

When the Afghan crisis was at its height, one community organisation I know had to close donations. Car after car turned up with children's toys, necessities and other old and new material. There are trends that pose challenges. For example, many people give shoes for infants but relatively few give trainers for six-year-old boys. So it is messy. And for those involved, it is stressful.

The founder of a charity that closed its doors to deliveries last August related to me how tricky it had been. They had been overwhelmed by donations both in person and online. Their volunteers had to give up weekends and worked long overtime. They watched in some places as people lodged in hotels felt compelled to fight over deliveries dumped in a pile at the gate.

Miss Universe Czech Republic drops off donations for Afghan refugees in Los Angeles.
Miss Universe Czech Republic drops off donations for Afghan refugees in Los Angeles.

Still, however stressful the chaos was, it is nothing compared to the uncertainty and distress being felt by the Afghans and now the Ukrainians. No one can tell them how long their ordeal will take and what will happen to ensure a normal life afterwards. And that is the crux of the issue. People who give are engaged and caring. The nature of the donations can be influenced by giving the right messages, but there must be no suggestion that it is unwanted.

The public's attitude certainly compares well to that of the officials in charge of the immigration-based response to the crisis.

The UK, for instance, has insisted that those leaving Ukraine get visas before trying to get into the country. While Poland, Ukraine's neighbour, has accepted 1.5 million refugees, the UK figures still languish in the low thousands.

The London-based Institute for Government, a prestigious monitor of bureaucracy, has said that the response of the UK Home Office to the Ukraine crisis "lacks empathy and imagination". By rigidly insisting on its procedures, it failing to match the public mood. It has prioritised "control" over compassion.

The UK Home Office in London. EPA
The UK Home Office in London. EPA

The policy came about as the UK sought to provide specific channels to route the Ukraine exodus. On one level the officials calculated that giving the tens of thousands of people already in the UK the right to bring over family members would pull in substantial numbers. A second method allows UK citizens to sponsor the arrival of a person fleeing Ukraine, something that it said was uncapped.

However, it was ignoring one of the most important aspects of the crisis – that people were already fleeing at the fastest rate seen this century in Europe. And, therefore, setting up new rules was always going to be a barrier, not an enabler.

The European approach has been vastly different. It did not go as far as seven years before, when it recognised huge numbers coming from the Syrian and Iraqi battlefields as refugees. The bloc, instead, granted a three-year temporary protection for all Ukrainians. This enshrines the same entitlement of non-refoulement – or freedom from deportation – as international conventions grant to those with refugee status.

For now, the bedrock belief that the Ukrainians will go home as soon as they realise they won’t face irreparable harm is a source of hope to sustain those who have fled the war. In time, we will know if their status needs to harden to that of “refugees” if and when Russia consolidates its grip on their home.

The most important thing is that they can get out, and that as many people as possible help them during their ordeal.

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

The bio

Who inspires you?

I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist

How do you relax?

Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.

What is favourite book?

The Perks of Being a Wallflower - I think I've read it more than 7 times

What is your favourite Arabic film?

Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki

What is favourite English film?

Mamma Mia

Best piece of advice to someone looking for a career at Google?

If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.  

 

Know your camel milk:
Flavour: Similar to goat’s milk, although less pungent. Vaguely sweet with a subtle, salty aftertaste.
Texture: Smooth and creamy, with a slightly thinner consistency than cow’s milk.
Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.

The%20Color%20Purple
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBlitz%20Bazawule%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EFantasia%20Barrino%2C%20Taraji%20P%20Henson%2C%20Danielle%20Brooks%2C%20Colman%20Domingo%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

OPENING FIXTURES

Saturday September 12

Crystal Palace v Southampton

Fulham v Arsenal

Liverpool v Leeds United

Tottenham v Everton

West Brom v Leicester

West Ham  v Newcastle

Monday  September 14

Brighton v Chelsea

Sheffield United v Wolves

To be rescheduled

Burnley v Manchester United

Manchester City v Aston Villa

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

if you go

The flights

Flydubai flies to Podgorica or nearby Tivat via Sarajevo from Dh2,155 return including taxes. Turkish Airlines flies from Abu Dhabi and Dubai to Podgorica via Istanbul; alternatively, fly with Flydubai from Dubai to Belgrade and take a short flight with Montenegro Air to Podgorica. Etihad flies from Abu Dhabi to Podgorica via Belgrade. Flights cost from about Dh3,000 return including taxes. There are buses from Podgorica to Plav. 

The tour

While you can apply for a permit for the route yourself, it’s best to travel with an agency that will arrange it for you. These include Zbulo in Albania (www.zbulo.org) or Zalaz in Montenegro (www.zalaz.me).

 

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: March 14, 2022, 4:00 AM