Shamma Al Mazrui: 'We need to pay attention to emotional or psychological pain just as we do to physical discomfort'. Wam
Shamma Al Mazrui: 'We need to pay attention to emotional or psychological pain just as we do to physical discomfort'. Wam
Shamma Al Mazrui: 'We need to pay attention to emotional or psychological pain just as we do to physical discomfort'. Wam
Shamma Al Mazrui: 'We need to pay attention to emotional or psychological pain just as we do to physical discomfort'. Wam

Coronavirus: Feeling overwhelmed by the pandemic? Here's what you can do


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To the youth of the UAE,

I write to you with a heart full of love and hope during these trying times. As we shelter in place to protect ourselves and our neighbours, I want to express hope for your families' health and peace of mind.

The Covid-19 crisis has brought the world to a halt and forced us to reflect on what matters most. As we consider the importance of our physical health, the realities of staying at home have also heightened our awareness about the importance of our mental well-being – or inner peace.

As a human family, we need to pay attention to emotional or psychological pain just as we do to physical discomfort. If, for instance, a physical ache does not subside within a few days, we usually take some kind of action. The same should be the case when we go through emotional pain.

Kenyan nurses, midwives and other frontline workers at a sporting event organised with the aim of boosting the frontline health workers mental health. EPA
Kenyan nurses, midwives and other frontline workers at a sporting event organised with the aim of boosting the frontline health workers mental health. EPA

The acclaimed psychologist Guy Winch once wrote: “If you find yourself hurting emotionally for several days because of a rejection, a failure, a bad mood, or any other reason, it means you’ve sustained a psychological wound and you need to treat it with emotional-first-aid techniques.”

Of all the world’s ailments, depression and anxiety are among the top. We all have moments of feeling overwhelmed, anxious and hopeless; but if those feelings persist, it is time to take a closer look. Emotional or psychological wounds left untreated trap us in vicious cycles that only make the pain worse.

Aggravating matters, we are bombarded with texts, chat, email, social media, video games, pop-up windows and smartphone notifications. Coupled with the growing expectations of having to be available "24/7/365" and immediate responsiveness, our 21st century lifestyle puts a strain on our senses. While we may be more connected than ever, the underlying side-effects of such engagement actually disconnect us from one another – and from ourselves.

As we restrict our many freedoms during the pandemic, our mental challenges can be easily exacerbated. But I want to assure you that you are not alone in your struggles. There is little doubt that maintaining our mental well-being is one of the most important challenges of our time. Why? Because how we think and feel determines everything that we do. The brain’s ability to process thoughts and emotions is at the root of every action taken. And our actions evidently impact other people's lives. Therefore, making the brain a healthy "command centre" is essential to leading productive, purposeful and fulfilling lives.

This is where I have hope in today's youth.

I urge all youngsters to spend less time on social media and more time reading, learning and interacting with those you love. Getty
I urge all youngsters to spend less time on social media and more time reading, learning and interacting with those you love. Getty

We are not powerless; indeed, we can do something about the condition of our mind, thoughts and ways we process our emotions. But for that, there are systemic changes we need to make as individuals. Covid-19 presents us with the opportunity to try new things. Just as some of us take vitamins to boost the immune system, are there vitamins – or a set of actions – we can take to bolster our psychological immune system?

At the individual level, I invite youngsters to keenly observe the state of their mental health this season. Being aware of negativity and challenging unhelpful thoughts and emotions are crucial first steps to bringing the mind back to a state of positive thinking.

Moreover, when faced with uncertainty and anxiety, it is important to reconnect with core values. If you look for opportunities in line with your values, you will find a new path and the guiding light of hope – even amid all the fear and uncertainty. You will then discover what is important to you, and hence find fulfilment.

Shamma Al Mazrui, the UAE's Minister of State for Youth Affairs, has written about the importance of reaching out. Office of Minister of State for Youth Affairs
Shamma Al Mazrui, the UAE's Minister of State for Youth Affairs, has written about the importance of reaching out. Office of Minister of State for Youth Affairs
Just as some of us take vitamins to boost the immune system, we can take action to boost our psychological immune system?

The next step is to focus on goals and further learning. It will also help to create a structure around these goals. I urge all youngsters to spend less time on social media and more time reading, learning and interacting with those you love. Try investing in an online course to discover a new passion, develop yourself as a professional, or pick up a new skill. You can start a journal or blog, learn a new language, or learn how the UAE government works by visiting Youth 101. For inspiration, check out our 100 ideas to invest youth energy and time at home.

Finally, it is important to reach out. We want to hear from you, because building a strong mental health platform for youth must be done with the help of youth. To achieve this, it would be useful if you could answer the following questions and email them to mentalhealth@fya.gov.ae:

  • How do you feel during these unprecedented times?
  • How did you deal with stressful situations before the onset of Covid-19? And how do you deal with them now?
  • What brings you peace of mind? And what are the hurdles that come in the way of attaining it?

The UAE leadership teaches us to look at every challenge as an opportunity. And as the government extends unparalleled support to other nations around the world in times of need, I marvel at the determination and the innovative thinking that are required to help people. This is why I assure you that the UAE will continue to prioritise your well-being and peace of mind.

With hope and love,

Shamma

Shamma bint Sohail bin Faris Al Mazrui is the UAE's Minister of State for Youth Affairs

Our legal consultants

Name: Hassan Mohsen Elhais

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

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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