Traditionally, Emirati families take care of their elderly. It’s a social value driven by our religion, which obliges us to be good to our parents, particularly as they grow older and require attention. Since most families are extended, the elderly find the attention and company they need at home among their own relatives as they grow infirm or suffer health problems.
But modernity and rapid social change has affected the UAE’s social structure. Nowadays, the nuclear family has become the dominant family structure and women are joining the workforce in ever larger numbers. Such social change has, in many cases, weakened the bonds that once united the extended family.
Caring for an ageing family member can be a very stressful responsibility and sometimes entails a big financial burden as well. Busy professionals may sometimes find it difficult to properly care for elderly relatives – all those hospital appointments, meal times, medication schedules. Also, the increased mobility of the workforce in the country’s economy today means that many Emiratis would live away from their parents’ home due to work commitments.
Even though we can all agree that adult children should bear responsibility of caring for their elderly parents, at least by ensuring that they have home nursing, and many do make their best efforts to do that, we need to acknowledge that there will be gaps in care.
If we take an idealised view of the situation, we won’t be able to see there is a growing problem in our society.
This is why remarks made by Princess Haya bint Al Hussein during the recent Leaders in Health Care conference are important. This year, the conference focused on geriatric care in the region. The wife of the ruler of Dubai said that this is one of the most significant health challenges facing our country. She said that “the current local system will be unsustainable if not changed over the next 20 years”.
She is right because the demographics of the UAE are changing. Currently, 61.5 per cent of the population is between 25 and 54 years old; 3.1 per cent is between 55 and 64 and only 1 per cent of the population is over 65. By 2050, the picture changes substantially and 34 per cent of the population will over 65 years.
Another factor to consider is the decreasing fertility rate. People in the UAE, as in some other countries, are having fewer children. The fertility rate here, according to the CIA’s World Factbook, is now 2.36 children per woman. This means a responsibility that was traditionally divided between many adult children will increasingly fall to fewer people. This is where nursing homes could come in. They are frowned upon in our culture but they might be a better option than leaving elderly people at home without proper care.
We could probably learn from Japan, a country that has one of the most elderly populations in the world. Traditionally, it relied on individual and familial support to care for the elderly. In fact, Japan had no publicly-funded social care until 2000. But the traditional approach started to fail when many more cases of neglect and abuse of old people started to come to light. Many elderly people were subject to what was called “social hospitalisation”, which meant that they were being admitted to hospital for long periods even if they didn’t really need medical care. This was simply because they could not find the care they needed anywhere else.
As a result, the Japanese government made radical changes to its policy of caring for the elderly. Instead of depending on family members, long-term care insurance was introduced. It provided care to those over 65, depending on their own needs, funded partly through compulsory premiums for people over 40. Users are required to contribute only 10 per cent of the cost of the service.
This seemingly simple move resulted in a massive cultural shift. Like in the UAE, there was great social stigma attached to putting elderly parents in a care home but no stigma attached to admitting them to hospital. Nowadays, more people accept the fact that sometimes community care could be better for the elderly than neglect or non-professional care from a stranger at home.
It’s good that health authorities are working on expanding medical infrastructure and improving geriatric care in hospitals by attracting more trained specialist doctors and trained nurses. But just as important is social care, which should be as accessible as health care.
The country has to start planning more care facilities before it faces greater pressure a few decades from now. More rehab facilities and day care centres, as well as home services, are needed to accommodate those in need. Even if most of our elderly don’t need this now, many might need it in the future.
aalmazrouei@thenational.ae
@AyeshaAlmazroui
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A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
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.”
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
TEAMS
EUROPE:
Justin Rose, Francesco Molinari, Tyrrell Hatton, Tommy Fleetwood, Jon Rahm, Rory McIlroy, Alex Noren, Thorbjorn Olesen, Paul Casey, Sergio Garcia, Ian Poulter, Henrik Stenson
USA:
Brooks Koepka, Justin Thomas, Dustin Johnson, Patrick Reed, Bubba Watson, Jordan Spieth, Rickie Fowler, Webb Simpson, Tiger Woods, Phil Mickelson, Bryson DeChambeau ( 1 TBC)
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
PREMIER LEAGUE FIXTURES
All kick-off times UAE ( 4 GMT)
Saturday
Liverpool v Manchester United - 3.30pm
Burnley v West Ham United - 6pm
Crystal Palace v Chelsea - 6pm
Manchester City v Stoke City - 6pm
Swansea City v Huddersfield Town - 6pm
Tottenham Hotspur v Bournemouth - 6pm
Watford v Arsenal - 8.30pm
Sunday
Brighton and Hove Albion v Everton - 4.30pm
Southampton v Newcastle United - 7pm
Monday
Leicester City v West Bromwich Albion - 11pm
Watch live
The National will broadcast live from the IMF on Friday October 13 at 7pm UAE time (3pm GMT) as our Editor-in-Chief Mina Al-Oraibi moderates a panel on how technology can help growth in MENA.
You can find out more here
SCORES IN BRIEF
Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).
The%20specs
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The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
The Baghdad Clock
Shahad Al Rawi, Oneworld
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Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
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Tu%20Jhoothi%20Main%20Makkaar%20
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ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
Match statistics
Dubai Sports City Eagles 8 Dubai Exiles 85
Eagles
Try: Bailey
Pen: Carey
Exiles
Tries: Botes 3, Sackmann 2, Fourie 2, Penalty, Walsh, Gairn, Crossley, Stubbs
Cons: Gerber 7
Pens: Gerber 3
Man of the match: Tomas Sackmann (Exiles)