On the national fitness strategy, start with one of the most basic requirements – indoor air quality (We need to stop talking and start taking action on public health, January 27).
Despite being mandated, there is almost no IAQ testing carried out. A great many buildings have excessive carbon dioxide levels, high humidity, possibly formaldehyde and mould spores. All should be tested for daily and remedial action taken. This is not difficult to do and it is not costly.
Schools and hospitals should be targeted first. Few of us have any idea of the effects that carbon-dioxide levels have on retentive learning ability, attention spans and energy levels.
Dave Pryce, Abu Dhabi
Start with the youth and make physical education and nutrition priorities.
Dawn Venturas, Dubai
Good health is 80 per cent diet and 20 per cent exercise. The mistake many people make is that they think it’s fine to eat sugars and fatty foods as long as they hit the gym three days a week.
That’s wrong. Good health begins with a good diet. Cut down on the soft drinks and consume more water. Lay off the fast foods and processed foods. When shopping, think green and lean. When dining out, think fish and greens instead of beef and chicken. If eating desserts, look for those made from dates and honey as substitutes for sugar.
Quantity is just as important as quality. When eating out try sharing the dish. At home divide your plate into quadrants, making sure each item fits neatly in each one.
Randall Mohammed, Dubai
Where are the dedicated outdoor spaces? The community football pitches, the public swimming pools, the linked cycle paths with showering facilities, the free outdoor BMX tracks and skate parks, and so much more. There are some facilities, but not anywhere near enough. It is all about commercial leisure in Abu Dhabi. That is fine to an extent, but free and local access everywhere is of paramount importance if you are really serious about health.
Adrian Nichol, Abu Dhabi
I was visiting a cardiovascular specialist unit in a hospital in Dubai last year. A metre away from a screen showing a public information film on obesity and what to do to avoid it was a vending machine full of canned drinks, chocolate and potato crisps.
Louise Halmkan Slantenburg, Dubai
So why does the education authority make it so difficult for schoolchildren to do activities?
Mark Freeman, Abu Dhabi
Questions about national identity
I agree with Khalid Al Ameri on a lot of things he has said in his article Life lessons: 'My mother is British ... but I am 100 per cent Emirati' (January 27), but one things seems to be amiss – he doesn't seem to give equal weight to the nationalities of both of his parents.
I think you should equally respect both nationalities. If someone asked me about him before this, I would say he is 50 per cent British and 50 per cent Emirati as his bloodline would respect. His mother needs to be taken into account as well.
Beth Angharad, Abu Dhabi
I fully understand the writer. I have also a 100 per cent Emirati child and I find it weird when I hear people correct me that I should say “half”. It was my decision to raise my child as an Emirati and I can’t be more content than that.
Usually mixed children turn into ardent patriots, these children can never quite realise how their mothers also cling to the countries of their birth.
To their minds, their mother belongs to them and to the country her children were born in and they cannot imagine any other love in their parent’s heart.
Mariyah Fatimah, Dubai
Having two nationalities myself, I will always feel that I am half of both.
Asking me which nationality I prefer is the same as asking me which hand of mine will hurt less if someone cut it. I believe multiracial children should love and accept their nationalities equally.
Eva-Nikoleta GR, Dubai
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.”
Abu Dhabi Desert Challenge – Rally schedule:
Saturday: Super Special Spectator Stage – Yas Marina Circuit – start 3.30pm.
Sunday: Yas Marina Circuit Stage 1 (276.01km)
Monday: Nissan Stage 2 (287.92km)
Tuesday: Al Ain Water Stage 3 (281.38km)
Wednesday: ADNOC Stage 4 (244.49km)
Thursday: Abu Dhabi Aviation Stage 5 (218.57km) Finish: Yas Marina Circuit – 4.30pm.
Terminator: Dark Fate
Director: Tim Miller
Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis
Rating: 3/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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.