After reading your story (UAE parents urged to monitor children's mental health, October 31), I think we should not be so quick to label children as troubled or as having Attention Deficit Disorder.
Children are just that: children. They should be allowed to develop in healthy ways, and for that good family values and discipline at home are key.
Too many doctors are only too happy to label kids and start them on medication that, quite frankly, is completely unnecessary.
A child who is acting out in school could just be having a tantrum. Sometimes it really is as simple as that.
Make sure the root of the problem has been identified before resorting to extreme measures. Try talking to your children, set good examples to provide positive influences in their lives. Don’t mistake a spoilt brat for a child who genuinely needs psychological help.
Jean Francoise Ng Lewis, Dubai
Although most children who act disruptively do not require any psychological help, there are those who genuinely have Attention Deficit Hyperactivity Disorder. They need help but often can’t get it here.
The UAE is woefully undersupplied when it comes to mental health treatment and most of the health insurance policies I’ve seen do not cover it.
The first step to remedy this is to have international-quality treatment available.
There also seems to be little attempt at education on this subject and that contributes to the huge stigma that affects those suffering from these disorders.
Dani Lapin, Dubai
Enforcement, not age, is the key
With regard to your news article, Most road accidents in Abu Dhabi caused by under-35s (October 31), raising the age for driving would not be a solution because in my view the problem is there is not enough enforcement.
People who drive like idiots need to be arrested, fined, put in jail and lose their licences because they are endangering others through their lack of concern for others' safety.
They need to be held accountable for their actions. It is amazing to me that the authorities here are so strict on certain things – but driving doesn't seem to be one of them.
Clint Mead, Abu Dhabi
As an indication of poor driving instruction, I remember the written test for my driving licence being 10 multiple-choice questions.
There needs to be a more comprehensive written test and classes need to be made compulsory. Safe driving needs to be hammered into new drivers' heads, especially because some of them have grown up in an environment where speeding is tolerated and they can't wait to try it themselves.
Sanam Shah, Dubai
What's the big deal with Apple?
In relation to your story about Apple opening stores in Dubai and Abu Dhabi (Crowds flock to Apple Store opening at Dubai's Mall of the Emirates, October 30), I find it both surprising and dismaying to see reports about a gentleman who seems to have no other goals in life than to haunt Apple stores around the world so he can attend the opening of each Apple outlet.
Stephen Franke, Dubai
Not only is this just a shop, it's a shop where you can buy stuff that's been on sale in the region for years.
Am I missing something here?
Kevin Hackett, Dubai
Massage cards should stop now
The other week when I drove my car out of the Sahara Centre in Sharjah, I found my fellow motorists could not get their eyes off my car. I found this very strange but ignored it.
It was only when I reached my destination that I realised what prompted those stares: business cards promoting a newly opened massage centre had been tucked into the windows of my beloved vehicle.
The photograph on these cards was of a scantily-clad woman posing in a sensual manner. It was absolutely obscene to look at and, as a woman, I found it embarrassing to have driven through rush hour traffic with such absurd advertisements on my car.
Please can the authorities take action to shut down bogus massage centres that advertise in this manner – many of which I suspect offer unlawful services to customers – and impose heavy fines on their owners.
The contact numbers on these cards should be traced and their users brought to justice for distributing offensive material.
Fatima Suhail, Sharjah
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Price, base / as tested: Dh283,080 / Dh318,465
Engine: 2.0-litre inline four-cylinder
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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.”
MATCH INFO
Chelsea 1 (Hudson-Odoi 90 1')
Manchester City 3 (Gundogan 18', Foden 21', De Bruyne 34')
Man of the match: Ilkay Gundogan (Man City)
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199
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DUBAI CARNIVAL RESULTS
6.30pm Handicap US$135,000 (Turf) 2,410m
Winner Dubai Future, Harry Bentley (jockey), Saeed bin Suroor (trainer).
7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m
Winner Dubai Love, Patrick Cosgrave, Saeed bin Suroor.
7.40pm Dubai Dash Listed $175,000 (T) 1,000m
Winner: Equilateral, James Doyle, Charles Hills.
8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m
Winner Laser Show, Kevin Stott, Saeed bin Suroor.
8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m
Winner Glorious Journey, James Doyle, Charlie Appleby.
9.25pm Handicap $135,000 (D) 2,000m
Winner George Villiers, Tadhg O’Shea, Satish Seemar.
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5