• Albania. Courtesy Yves Alarie / Unsplash
    Albania. Courtesy Yves Alarie / Unsplash
  • Béjaïa, Algeria. Unsplash/ Walid Amghar
    Béjaïa, Algeria. Unsplash/ Walid Amghar
  • Armenia. Unsplash
    Armenia. Unsplash
  • Australia
    Australia
  • Austria. Joss Woodhead / Unsplash
    Austria. Joss Woodhead / Unsplash
  • Baku, Azerbaijan. Unsplash/ Lloyd Alozie
    Baku, Azerbaijan. Unsplash/ Lloyd Alozie
  • Manama, Bahrain. Charles Adrien Fournier / Unsplash
    Manama, Bahrain. Charles Adrien Fournier / Unsplash
  • National Library of Belarus, Minsk. Unsplash/ Eugene Krasnaok
    National Library of Belarus, Minsk. Unsplash/ Eugene Krasnaok
  • Bruges, Belgium. Olivier Depaep / Unsplash
    Bruges, Belgium. Olivier Depaep / Unsplash
  • Višegrad, Bosnia and Herzegovina. Unsplash/ Luka Korica
    Višegrad, Bosnia and Herzegovina. Unsplash/ Luka Korica
  • Rio de Janeiro, Brazil. Unsplash/ Agustin Diaz Gargiulo
    Rio de Janeiro, Brazil. Unsplash/ Agustin Diaz Gargiulo
  • Plovdiv, Bulgaria. Courtesy Deniz Fuchidzhiev / Unsplash
    Plovdiv, Bulgaria. Courtesy Deniz Fuchidzhiev / Unsplash
  • Angkor Wat, Krong Siem Reap, Cambodia. Unsplash/ James Dickson
    Angkor Wat, Krong Siem Reap, Cambodia. Unsplash/ James Dickson
  • Toronto, Canada. Alex Shutin / Unsplash
    Toronto, Canada. Alex Shutin / Unsplash
  • China
    China
  • Comoros. Photo: Michael Runkel /Robert Harding World Imagery / Corbis
    Comoros. Photo: Michael Runkel /Robert Harding World Imagery / Corbis
  • Croatia is welcoming travellers who are fully vaccinated against Covid-19. Unsplash
    Croatia is welcoming travellers who are fully vaccinated against Covid-19. Unsplash
  • Cyprus. Unsplash
    Cyprus. Unsplash
  • Prague. Czech Republic. Courtesy Lachlan Gowen / Unsplash
    Prague. Czech Republic. Courtesy Lachlan Gowen / Unsplash
  • Copenhagen, Denmark. REUTERS/Jacob Gronholt-Pedersen
    Copenhagen, Denmark. REUTERS/Jacob Gronholt-Pedersen
  • Finland Photo: Kakslauttanen Arctic Resort
    Finland Photo: Kakslauttanen Arctic Resort
  • Germany
    Germany
  • Greece. Courtesy Responsible Travel
    Greece. Courtesy Responsible Travel
  • Hong Kong
    Hong Kong
  • Budapest, Hungary. Ervin Lukacs / Unsplash
    Budapest, Hungary. Ervin Lukacs / Unsplash
  • Ireland is on the Abu Dhabi Green List again. Unsplash/Jason Murphy
    Ireland is on the Abu Dhabi Green List again. Unsplash/Jason Murphy
  • Italy. Photographer: Giuseppe Aresu/Bloomberg
    Italy. Photographer: Giuseppe Aresu/Bloomberg
  • Japan. Photo: iStockphoto.com
    Japan. Photo: iStockphoto.com
  • Jordan is welcoming travellers and is on the Abu Dhabi green list.
    Jordan is welcoming travellers and is on the Abu Dhabi green list.
  • Kuwait is on the Abu Dhabi Green List but entry for travellers remains severely restricted.. Photograph by Michele Nastasi
    Kuwait is on the Abu Dhabi Green List but entry for travellers remains severely restricted.. Photograph by Michele Nastasi
  • Kyrgyzstan. Photo: William Harbidge
    Kyrgyzstan. Photo: William Harbidge
  • Luxembourg. Photo: Airbnb
    Luxembourg. Photo: Airbnb
  • Maldives. Photo: Angsana Velavaru
    Maldives. Photo: Angsana Velavaru
  • Malta has been added back to the UAE Green List from August 18. Courtesy Unsplash/ Ference Hovarth
    Malta has been added back to the UAE Green List from August 18. Courtesy Unsplash/ Ference Hovarth
  • Mauritius. Courtesy Mauritius Tourism Promotion Authority
    Mauritius. Courtesy Mauritius Tourism Promotion Authority
  • Moldova. Courtesy Unsplash
    Moldova. Courtesy Unsplash
  • Monaco. Photo: Rosemary Behan
    Monaco. Photo: Rosemary Behan
  • Yangon, Myanmar. Unsplash/ Alexander Schimmeck
    Yangon, Myanmar. Unsplash/ Alexander Schimmeck
  • Rotterdam, The Netherlands.. Unsplash
    Rotterdam, The Netherlands.. Unsplash
  • New Zealand
    New Zealand
  • Norway's Pulpit Rock. Photo: Andreas Gruhle / visitnorway.com / Innovation Norway
    Norway's Pulpit Rock. Photo: Andreas Gruhle / visitnorway.com / Innovation Norway
  • Oman
    Oman
  • Gdansk, Poland. Courtesy Andrea Anastakis
    Gdansk, Poland. Courtesy Andrea Anastakis
  • Portugal. Photo: Bloomberg
    Portugal. Photo: Bloomberg
  • Qatar. Photo: Four Seasons
    Qatar. Photo: Four Seasons
  • Peles Castle, Romania. Courtesy Majkl Velner
    Peles Castle, Romania. Courtesy Majkl Velner
  • San Marino
    San Marino
  • Saudi Arabia
    Saudi Arabia
  • Karadordev Park in Belgrade, Serbia. Courtesy Dusan Pokusevski
    Karadordev Park in Belgrade, Serbia. Courtesy Dusan Pokusevski
  • Praslin, Seychelles. Tommaso Nervegna / Unsplash
    Praslin, Seychelles. Tommaso Nervegna / Unsplash
  • South Korea. Unsplash
    South Korea. Unsplash
  • Slovakia
    Slovakia
  • Lake Bled in Slovenia.
    Lake Bled in Slovenia.
  • Singapore
    Singapore
  • Travellers from Sweden can fly quarantine free to Abu Dhabi. Courtesy Unsplash/Anatoliy Gromov
    Travellers from Sweden can fly quarantine free to Abu Dhabi. Courtesy Unsplash/Anatoliy Gromov
  • Switzerland
    Switzerland
  • Taiwan
    Taiwan
  • Tajikistan
    Tajikistan
  • Istanbul, Turkey. Unsplash/ Meriç Dağlı
    Istanbul, Turkey. Unsplash/ Meriç Dağlı
  • Turkmenistan
    Turkmenistan
  • Ukraine. Courtesy Kate Nesmieian
    Ukraine. Courtesy Kate Nesmieian

Can I travel to the 23 new destinations added to Abu Dhabi's green list?


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Abu Dhabi has updated its green list, with 22 new countries and destinations added to the list last week, and one more added on Sunday. This means there are now 56 destinations from where residents can travel without having to quarantine upon their return.

The Department of Culture and Tourism's website has been updated to reflect the changes, the latest of which come into effect after midnight on Monday.

Indonesia is the latest addition to the list and no destinations were removed in the most recent update. Last week, Abu Dhabi authorities also removed the requirement to quarantine on arrival for vaccinated travellers from all international destinations.

All travellers must take a PCR test before flying and on arrival, but only non-vaccinated travellers from non-green list countries will need to wear an electronic wrist tracker and isolate.

The updated Abu Dhabi green list

All the destinations on the Abu Dhabi green list:

  • Albania
  • Armenia
  • Australia
  • Austria
  • Bahrain
  • Belgium
  • Bhutan
  • Brunei
  • Bulgaria
  • Canada
  • China
  • Comoros
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Finland
  • Germany
  • Greece
  • Hong Kong (SAR)
  • Hungary
  • Italy
  • Indonesia
  • Japan
  • Jordan
  • Kuwait
  • Kyrgyzstan
  • Luxembourg
  • Maldives
  • Malta
  • Mauritius
  • Moldova
  • Monaco
  • Netherlands
  • New Zealand
  • Norway
  • Oman
  • Poland
  • Portugal
  • Qatar
  • Republic of Ireland
  • Romania
  • San Marino
  • Saudi Arabia
  • Serbia
  • Seychelles
  • Singapore
  • Slovakia
  • Slovenia
  • South Korea
  • Sweden
  • Switzerland
  • Taiwan, Province of China
  • Tajikistan
  • Turkmenistan
  • Ukraine

Can I travel to the new places added to the green list?

Not all of the new additions on Abu Dhabi's green list are open for tourism. Travellers should check individual destination requirements for the most recent regulations as these can change regularly.

From the new countries and places added in the most recent update, travel is open to some destinations, with restrictions in place, while others remain closed for leisure travel.

Bhutan's borders are currently closed to foreign nationals and Comoros is open, but not for leisure travel.

Croatia is one new addition to the list that's a good holiday option. The country is welcoming vaccinated and unvaccinated travellers, and tourists who can present a valid certificate for full vaccination against Covid-19 have no further testing or quarantine requirements on arrival.

Croatia is open for travellers from the UAE. Photo: Assaf Pinchuk
Croatia is open for travellers from the UAE. Photo: Assaf Pinchuk

Unvaccinated travellers can fly to Croatia with a negative PCR test taken no more than 48 hours before travel. All visitors must have pre-booked accommodation or own property in the country before flying. Travellers who do not show a negative PCR test or proof of vaccination will have to be tested on arrival and must self-isolate until a negative Covid-19 PCR test result is received, or for a period of 10 days if a test is not possible.

Cyprus is another option for holidays. Despite the Emirates being listed as 'red' by Cypriot authorities, the country is open to travellers from the UAE. All visitors must apply for a flight pass online to get clearance before departure.

Vaccinated travellers with a certificate proving they have received the final dose of any vaccine approved by the WHO or the European Medicines Agency at least 14 days before travel can fly to Cyprus with no further testing requirements. Unvaccinated travellers can also visit, so long as they submit negative Covid-19 test results taken no more than 72 hours before departure.

Denmark is open to travellers from some destinations, but currently lists the UAE as orange. This means non-citizens or residents flying to Denmark must have a compelling reason for travel, which does not include tourism. The same rule applies for vaccinated and unvaccinated travellers.

Finland has reopened to vaccinated travellers from all destinations. Tourists planning to visit the Nordic country must have received all doses of an approved Covid-19 vaccine, which includes Sinopharm. The Fin Entry service has to be completed before travel, where information on what vaccine has been taken and when must be provided. Unvaccinated travellers can only visit Finland if they have an "essential reason" to do so, or are Finnish citizens or residents.

Finland has reopened to vaccinated travellers from all destinations. Photo: Rosemary Behan
Finland has reopened to vaccinated travellers from all destinations. Photo: Rosemary Behan

Holiday haven Greece is welcoming travellers from the UAE. The Mediterranean country is part of a vaccine corridor with the UAE and fully vaccinated travellers do not need to present a PCR test. Immunisation must have been achieved at least 14 days before flying to Greece. All travellers must also complete this form.

Non-vaccinated travellers can also fly to Greece so long as they take a Covid-19 PCR test within 72 hours before departure, or can present proof of recovery from Covid-19. There will also be on-arrival testing for unvaccinated travellers, but children under 12 are exempt.

Travel to Italy is open from the UAE for passengers travelling on Covid-tested flights, authorised by the Ministry of Health. This includes flights to Rome, Milan, Venice and Bologna from Dubai and Abu Dhabi.

Before departure, tourists must complete a digital passenger locator form, and register online for an on-arrival swab test, at their own expense. A Covid-19 PCR test must be taken no more than 48 hours before travel. Travellers cannot fly to Italy if they have been in India, Bangladesh or Sri Lanka in the previous 14 days. Once in Italy, a green certificate is needed to attend concerts, fairs, sports contests and to access some other public areas.

Deprived of their preferred food source - the bananas, peanuts and other goodies brought in by the tourists now kept away by the coronavirus - hungry monkeys on the resort island of Bali have taken to raiding villagers’ homes in the search for something tasty. AP Photo / Firdia Lisnawati
Deprived of their preferred food source - the bananas, peanuts and other goodies brought in by the tourists now kept away by the coronavirus - hungry monkeys on the resort island of Bali have taken to raiding villagers’ homes in the search for something tasty. AP Photo / Firdia Lisnawati

Indonesia was added to the Abu Dhabi green list on August 6, however international travel to the world's largest archipelago remains restricted. Bali, the country's holiday hotspot, had previously said it would reopen to tourists this year, but these plans have been postponed owing to rising Covid-19 cases on the island.

Japan is not yet open to travellers from the UAE.

Kyrgyzstan is welcoming travellers from some destinations, including the UAE. All travellers, including citizens of Kyrgyzstan, must present a printed copy of a negative Covid-19 PCR test result issued no more than 72 hours before departure or have a vaccination certificate showing both doses of a jab have been taken.

Any travellers that need a visa to visit Kyrgyzstan can obtain an e-visa before travelling. Most leisure and tourist places in the central Asian country have reopened, but a curfew in Bishkek remains in place from 11pm to 7am daily.

Luxembourg is closed for travellers from the UAE until at least September 30, 2021.

The Maldives is back on Abu Dhabi green list from September 1. Photo: One&Only Reethi Rah
The Maldives is back on Abu Dhabi green list from September 1. Photo: One&Only Reethi Rah

The Maldives is welcoming travellers and the holiday hot spot is already seeing an increase in popularity with visitors from the UAE. To head to the islands, you'll need a confirmed hotel reservation for the duration of your stay.

Vaccinated tourists can stay at any registered tourist facility in the Maldives, and accepted vaccinations include Sinopharm. Travellers who are not yet immunised can still fly to the Maldives, but will be restricted to staying on the following islands:

  • Dhigurah
  • Felidhoo
  • Hangnaameedhoo
  • Maafushi
  • Maalhos
  • Mathiveri
  • Thoddoo
  • Rasdhoo
  • Ukulhas

All travellers need to complete an entry form before flying, which can be found here. PCR testing is also required before travelling to the Maldives, with the test to must be taken no more than 96 hours before departure.

The luxury playground that is Monaco has reopened to vaccinated travellers, with no quarantine on arrival. The French territory is accepting visitors with vaccines recognised by the European Medicines Agency, this does not include Sinopharm. Unvaccinated travellers cannot fly to Monaco for tourism purposes at this time.

Norway is another choice for travellers looking to head north, so long as they are fully vaccinated. The Norwegian Institute of Public Health has approved only EMA-listed vaccines, which means travellers who have received the Pfizer, AstraZeneca, Johnson & Johnson and Moderna vaccines are accepted for entry, but those who have received doses from Sinopharm are not. Unvaccinated tourists cannot fly to Norway from the UAE at this time.

A surfer rides a wave in Unstad, northern Norway. The Nordic nation has reopened to vaccinated travellers. AFP
A surfer rides a wave in Unstad, northern Norway. The Nordic nation has reopened to vaccinated travellers. AFP

After a long wait, Oman is reopening to travellers on September 1. Visitors must have received both doses of a recognised vaccine at least 14 days before travelling to the sultanate. Eight vaccines are accepted, including Sinopharm.

Travellers must have a pre-departure PCR test and valid health insurance to cover medical expenses in Oman for a period of one month. Citizens from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE are exempt from insurance requirements.

All arriving passengers, including Omani citizens, must download and preregister on the Tarassud+ platform before flying. This is also where people can upload their vaccine certificates and required Covid-19 PCR certificates. For more information on travel to Oman, including visiting the sultanate via its land borders, you can see our handy information guide here.

Qatar is open to fully vaccinated visitors with no quarantine requirements. Travellers must have had all doses of an approved vaccine at least 14 days before travelling. Qatar only partially accepts the Sinopharm doses for travel, and anyone flying to Doha with this vaccine will be given an additional antibody test upon arrival. If this proves positive, there will be no quarantine, but if it is negative, travellers will have to follow the rules for unvaccinated visitors, which includes hotel quarantine.

Children under 12 are exempt from vaccine and quarantine rules, but anyone travelling with unvaccinated children aged between 12 and 17 will have to undergo hotel quarantine for a period of between five and 10 days, depending on where you are flying from.

A negative PCR test before departure is required for everyone travelling to Qatar and it must have been taken no more than 72 hours on arrival.

Portugal is open to travellers from some destinations, but it is not currently accepting visitors from the UAE unless for essential reasons. Sadly, this does not include holidays or leisure travel.

The tiny San Marino is open to travellers via its border with Italy, and anyone who is allowed to enter Italy can enter. However, if you've been in any other country in the 14 days preceding, you'll have to show a negative PCR test taken in the past 48 hours, or proof of vaccination. More information is available from Visit San Marino.

Once in the republic, you'll be encouraged to wear your mask both indoors and outdoors and gatherings of more than 20 people are forbidden.

Fully vaccinated travellers can fly to Slovakia, as the country has opened to visitors who are inoculated no matter where they are flying from. Travellers must have had both doses of an EU-approved vaccine, this doe not include Sinopharm. Vaccine certificates from countries outside Europe are accepted as proof, but they must be in either Slovak, Czech or English.

The UAE is not on Slovakia's approved list of countries, so vaccinated travellers also need to show a negative PCR test taken no more than 72 hours before travel. All tourists flying to Slovakia must complete this form, and fill in an electronic form, which can be found here, before arriving into the country.

Slovenia is the ideal antidote to months spent indoors and has reopened to vaccinated and unvaccinated travellers. Photo: Unsplash
Slovenia is the ideal antidote to months spent indoors and has reopened to vaccinated and unvaccinated travellers. Photo: Unsplash

Slovenia is open to vaccinated and unvaccinated travellers. The Adriatic country recognises eight vaccines, including Sinopharm, and no PCR test is required for immunised travellers. Unvaccinated visitors must have a negative PCR test taken no more than 72 hours before travel and the certificate must be presented in English and have a QR code.

All travellers arriving by air or sea must fill in a digital passenger locator form before entry to Slovenia is allowed, this can be found here.

Tajikistan is open to some travellers including citizens and residents of the UAE, subject to entry requirements. To fly to Dushanbe you'll need a negative result from a Rapid Covid-19 PCR test taken 72 hours before departure, and visitors will need to have a "Fit to fly" sticker on their passport. This is issued after taking a Rapid test. Children under 3 are exempt from testing requirements. Covid-19 screening and testing is being conducted on arrival in Tajikistan, and once in the country, visitors must isolate for three days.

If Turkmenistan's addition to the green list excited you, you'll probably have to wait a little longer to visit as the country is currently only open to citizens, diplomats and residents. Transit passengers are also unable to fly via Turkmenistan at this time.

UAE travel corridors

The UAE's travel corridor with Bahrain means that fully vaccinated travellers who got their last dose at least 28 days before travel can avoid quarantine. Getty Images
The UAE's travel corridor with Bahrain means that fully vaccinated travellers who got their last dose at least 28 days before travel can avoid quarantine. Getty Images

The UAE's travel corridors with Bahrain, Serbia, Greece and the Seychelles remain in place.

Fully vaccinated travellers who received their last dose of an approved vaccine at least 28 days before travel can fly to and from these destinations without any quarantine on each side.

All four of the destinations are also included in the updated green list, so there's no quarantine for anyone in Abu Dhabi. However, there may be travel restrictions on the other side for unvaccinated travellers.




What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
GRAN%20TURISMO
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Neill%20Blomkamp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20David%20Harbour%2C%20Orlando%20Bloom%2C%20Archie%20Madekwe%2C%20Darren%20Barnet%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
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

On Instagram: @WithHopeUAE

Although social media can be harmful to our mental health, paradoxically, one of the antidotes comes with the many social-media accounts devoted to normalising mental-health struggles. With Hope UAE is one of them.
The group, which has about 3,600 followers, was started three years ago by five Emirati women to address the stigma surrounding the subject. Via Instagram, the group recently began featuring personal accounts by Emiratis. The posts are written under the hashtag #mymindmatters, along with a black-and-white photo of the subject holding the group’s signature red balloon.
“Depression is ugly,” says one of the users, Amani. “It paints everything around me and everything in me.”
Saaed, meanwhile, faces the daunting task of caring for four family members with psychological disorders. “I’ve had no support and no resources here to help me,” he says. “It has been, and still is, a one-man battle against the demons of fractured minds.”
In addition to With Hope UAE’s frank social-media presence, the group holds talks and workshops in Dubai. “Change takes time,” Reem Al Ali, vice chairman and a founding member of With Hope UAE, told The National earlier this year. “It won’t happen overnight, and it will take persistent and passionate people to bring about this change.”

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

If you go

The flights

Emirates flies from Dubai to Seattle from Dh5,555 return, including taxes. Portland is a 260 km drive from Seattle and Emirates offers codeshare flights to Portland with its partner Alaska Airlines.

The car

Hertz (www.hertz.ae) offers compact car rental from about $300 per week, including taxes. Emirates Skywards members can earn points on their car hire through Hertz.

Parks and accommodation

For information on Crater Lake National Park, visit www.nps.gov/crla/index.htm . Because of the altitude, large parts of the park are closed in winter due to snow. While the park’s summer season is May 22-October 31, typically, the full loop of the Rim Drive is only possible from late July until the end of October. Entry costs $25 per car for a day. For accommodation, see www.travelcraterlake.com. For information on Umpqua Hot Springs, see www.fs.usda.gov and https://soakoregon.com/umpqua-hot-springs/. For Bend, see https://www.visitbend.com/.

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.”

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

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%3Cp%3EThe%20Zayed%20Centre%20for%20Research%20is%20a%20partnership%20between%20Great%20Ormond%20Street%20Hospital%2C%20University%20College%20London%20and%20Great%20Ormond%20Street%20Hospital%20Children%E2%80%99s%20Charity%20and%20was%20made%20possible%20thanks%20to%20a%20generous%20%C2%A360%20million%20gift%20in%202014%20from%20Sheikha%20Fatima%20bint%20Mubarak%2C%20Chairwoman%20of%20the%20General%20Women's%20Union%2C%20President%20of%20the%20Supreme%20Council%20for%20Motherhood%20and%20Childhood%2C%20and%20Supreme%20Chairwoman%20of%20the%20Family%20Development%20Foundation.%3C%2Fp%3E%0A
Stree

Producer: Maddock Films, Jio Movies
Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5

Results

Stage 7:

1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29

2. Sam Bennett (IRL) Deceuninck-QuickStep - same time

3. Phil Bauhaus (GER) Bahrain Victorious

4. Michael Morkov (DEN) Deceuninck-QuickStep

5. Cees Bol (NED) Team DSM

General Classification:

1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28

2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35

3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02

4. Chris Harper (AUS) Jumbo-Visma - 0:01:42

5. Neilson Powless (USA) EF Education-Nippo - 0:01:45