epa08185748 A woman wears protective mask during her visit to Global Village in Gulf emirate of Dubai, United Arab Emirates, 01 February 2020. The coronavirus, called 2019-nCoV, originating from Wuhan, China, has spread to all the 31 provinces of China as well as more than a dozen countries in the world. The outbreak of coronavirus has so far claimed 259 lives and infected more than 11,000 others, according to media reports. The World Health Organization (WHO) has declared the coronavirus outbreak a global health emergency.  EPA/ALI HAIDER
A UAE resident being cautious. EPA

Coronavirus: wear that facemask



Regarding the report Trump advises voluntary mask use against coronavirus but won't wear one himself (April 4): Dr Anthony Fauci, the infectious disease expert, is right. In fact, wearing face masks has lowered the infection rate in countries like South Korea, Japan, Hong Kong, and Singapore. The World Health Organisation is considering revising its guidelines on face masks and how it can help lower the transmission of viral infection. Face masks are meant — not to protect you from inhaling the particulates — but to prevent a carrier, symptomatic or asymptomatic, from infecting others. If done right, this may prove even more effective than physical distancing in certain scenarios.

Joanne Rico, Head of Marketing and Sales, Bareen Cluster at NMC Healthcare Abu Dhabi

UAE is taking the right steps and doing what is necessary

Regarding the report Coronavirus: Dubai Airports sorts accommodation for stranded passengers (April 3): I have a feeling we will remain indoors until the end of April, maybe longer. The UAE is taking all the necessary tough steps. That much is clear to all. There is a penalty to non-compliance and that is how it should be. It is good that the authorities have such measures in place. It feels safe here. I am truly so proud of the UAE.

Christina Toebast, Dubai

An actress needs to check her attitude

Regarding Emma Day's report 'Put them in the desert': Kuwaiti actress Hayat Al Fahad under fire for telling expatriates to go home (April 2): that statement is shocking. Half of 'these people' built the infrastructure her country depends on and probably most of the hospitals too. She should be "isolated" in the desert for an attitude like that.

Name withheld on request

A hospital inaugurated at impressive speed

Regarding Callum Paton's report Coronavirus: UK's Prince Charles opens NHS Nightingale critical care unit in London (April 3): this has to be commended. The people behind it have put this together with amazing speed and efficiency. Well done.

Cabilin Gerona, Dapitan, Philippines

May testing facilities reveal who is safe to enter the country 

With reference to the report Coronavirus: Almost 3,000 Covid-19 tests conducted at drive-through facility in Abu Dhabi (April 3): it is encouraging to learn about the hi-tech coronavirus mass testing facility set up at Abu Dhabi.

I hope this speeds up the early return of young international students with valid UAE resident visas stranded abroad. Also, whatever the plans are to bring back residents stranded overseas, I hope young students stranded on university campuses are accorded priority over the remaining 29000 residents visa holders.

Further information on this matter would be a very welcome relief to several worried parents in the country like me.

H James, Abu Dhabi

The Woman King

Director: Gina Prince-Bythewood

Stars: Viola Davis, Thuso Mbedu, Sheila Atim, Lashana Lynch, John Boyega 

Rating: 3/5

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Dengue fever symptoms
  • High fever
  • Intense pain behind your eyes
  • Severe headache
  • Muscle and joint pains
  • Nausea
  • Vomiting
  • Swollen glands
  • Rash

If symptoms occur, they usually last for two-seven days

Specs: 2024 McLaren Artura Spider

Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now

If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

The specs: 2024 Mercedes E200

Engine: 2.0-litre four-cyl turbo + mild hybrid
Power: 204hp at 5,800rpm +23hp hybrid boost
Torque: 320Nm at 1,800rpm +205Nm hybrid boost
Transmission: 9-speed auto
Fuel consumption: 7.3L/100km
On sale: November/December
Price: From Dh205,000 (estimate)

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.”

CONFIRMED LINE-UP

Elena Rybakina (Kazakhstan)
Ons Jabeur (Tunisia)
Maria Sakkari (Greece)
Barbora Krejčíková (Czech Republic)
Beatriz Haddad Maia (Brazil)
Jeļena Ostapenko (Latvia)
Liudmila Samsonova
Daria Kasatkina
Veronika Kudermetova
Caroline Garcia (France)
Magda Linette (Poland)
Sorana Cîrstea (Romania)
Anastasia Potapova
Anhelina Kalinina (Ukraine)
Jasmine Paolini (Italy)
Emma Navarro (USA)
Lesia Tsurenko (Ukraine)
Emma Raducanu (Great Britain) – wildcard