What are millions of refugees to do in this pandemic if we do not help them?


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All of us have had our lives upended by the coronavirus outbreak. Schools have shut down, airplanes have been grounded all over the world, doctors and nurses are working round the clock to save lives and the rest of us who aren’t absolutely essential to the day-to-day functioning of food and supply lines have to stay home. We are practicing social distancing in an effort to limit the spread of the virus, washing our hands regularly and sanitising everything.

It can all seem onerous, but many of us are quite lucky when you think about it. We have access to potable water and soap, we can shower, we aren’t worried about the food running out from the supermarkets or the medicine from the pharmacies. Many of us have roofs over our heads.

There are many who don’t.

Today, there are more than 70 million people displaced worldwide, according to the UN High Commissioner for Refugees. That includes internally displaced people, or IDPs, who have fled war inside their own country and refugees who crossed borders in search of shelter. Most of the refugees are from Syria, followed by Afghanistan and South Sudan. Around 37,000 people a day are forced to flee their homes because of war and persecution. That is one person every two seconds.

Most of them are fleeing to neighbouring countries that are themselves struggling, leaving them vulnerable in places with poor or inadequate healthcare. Those who stay in their countries will fare even worse in areas devastated by conflict.

Displaced Syrians, some wearing protective masks, listen as medics explain precautions for dealing with coronavirus in an IDP camp in northwestern Idlib province, on March 18, 2020. AFP
Displaced Syrians, some wearing protective masks, listen as medics explain precautions for dealing with coronavirus in an IDP camp in northwestern Idlib province, on March 18, 2020. AFP

Let us take the case of Syria. Most of those displaced by the war are still inside the country – around 10 million people rendered homeless by fighting. A recent government offensive in Idlib province, near the Turkish border, forced a million civilians to flee to the frontier between the two countries, their children in tow.

Most are living in flimsy tents that flood every time it rains or under the open air, in large family groups. They have little access to life’s basic necessities, including running water. In a recent interview with the New York Times, one man in the province said he had to go for days without bathing his children, let alone wash his hands regularly, for lack of clean water.

Social distancing is a privilege. If the virus takes hold in those communities, it will be a catastrophe. Nor are there medical facilities capable of handling any outbreak. The Bashar Al Assad regime and its allies have conducted at least 537 separate attacks on healthcare facilities in the country, destroying the ability of communities to care for the sick.

Protecting refugees is paramount – not only because it would help curb the spread of the virus, but also because it is the decent thing to do

In the meantime, reports have emerged of possible Covid-19 cases in government-controlled and impoverished areas of Syria – though, officially, the authorities have only acknowledged one case. The health minister there, when asked about the disease, said the military had “cleansed the country of germs”, referring to the opposition. It hardly inspires confidence, and the risk of an outbreak in a failed state with a ruined economy and healthcare system are even graver.

Those living in refugee camps further afield fare no better, such as in neighbouring Lebanon or in overcrowded neighborhoods of Gaza living under siege in a tiny strip of territory. The potential for an infection spreading like wildfire is extremely high and very deadly due to the absence of proper care.

Then there are the refugees who have to endure the racism of demagogues, both in the Middle East and abroad. The pandemic has already seen Donald Trump refer to coronavirus as the “Chinese virus” and imply that preventing migrants from entering the country would protect everyone from infection. In Europe, far-right politicians have spread conspiracy theories about refugees and migrants bringing the pandemic to Western shores – a racist accusation against the world’s most vulnerable. Some of those most vulnerable people live in notoriously awful conditions in refugee camps in Europe, such as the Moria camp in Greece, where, once again, the pandemic taking hold could be disastrous.

Protecting refugees, who have already lost everything, is paramount – not only because it would help curb the spread of the virus, but also because it is the decent thing to do. The public health emergency that the world is enduring at the moment will last for quite some time, and it depends upon everyone doing their part to “flatten the curve” – i.e. curb infection rates – and helping the most vulnerable in our societies.

Governments must take measures to provide health care and support for the most vulnerable among us and, in conflict zones, to establish ceasefires that allow aid and assistance to reach everybody in need. As individuals, we can perhaps provide for the more vulnerable closer to home, whether that is an elderly neighbour who cannot shop for groceries or a family whose parents have lost their jobs because of the pandemic. And, when social isolation frustrates us, we must remember we are lucky to have the facility to self-isolate in the first place.

The time is now to start building the societies that will emerge out of this pandemic. Perhaps, cooped up in isolation, we will grow kinder to others, no matter the colour of their skin or their mother tongue.

Kareem Shaheen is a former Middle East correspondent based in Canada

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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.”

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if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg