An Abu Dhabi hospital has performed a record number of organ transplants this month, saving the lives of several critically ill patients.
The team at Cleveland Clinic Abu Dhabi completed 10 of the complex procedures in the first three weeks of October.
The operations included two deceased donor kidney transplants and a deceased donor liver transplant, performed in a single day.
Cleveland Clinic Abu Dhabi is one of only four hospitals in the UAE permitted to perform organ transplants.
Patients who would otherwise be waiting for months or even years for a deceased donor have another lifeline with our living-related organ donation programme
Dr Luis Campos,
Cleveland Clinic Abu Dhabi
A multidisciplinary team also worked with counterparts from the US-based Cleveland Clinic to perform a living-donor liver transplant operation this month.
Dr Bashir Sankari, director of Cleveland Clinic Abu Dhabi’s transplant programme, said he was proud of the progress they had made.
“Such an achievement in successively coordinating and treating so many patients with end-stage organ disease demonstrates the robustness of our transplant programme and the confidence and trust of families in our expertise to deliver innovative and compassionate care for their loved ones,” said Dr Sankari.
“Nothing is more gratifying than seeing these patients make remarkable improvements and leave our hospital with a better quality of life.
“We owe a debt of gratitude to the donors, both living and deceased, for the enormous gift of life they have given to these patients.”
Hundreds of lives saved
Since the beginning of this year, Cleveland Clinic Abu Dhabi has performed 63 transplants in collaboration with other hospitals in the UAE and the region, and in partnership with medical teams from the US hospital.
This record number of procedures for the hospital brings the total number of transplant operations to 173 since the launch of the programme in 2017.
Cleveland Clinic Abu Dhabi has also expanded its range of treatments to include complex combined transplants and living organ donation since 2018.
The expanded programme means they can treat many more high-risk patients from across the region.
“We’ve cared for some of the youngest patients from the UAE and abroad with end-stage disease, which are much more nuanced and challenging given their age,” said Dr Luis Campos, the director of liver transplant and hepatobiliary, which covers the gallbladder and bile ducts, at Cleveland Clinic Abu Dhabi.
“Additionally, our expertise in combined transplants allows us to replace two organs in a patient suffering from multiple organ failure in a single surgery, proving more beneficial as they require lower immunosuppression doses and have a better survival rate.”
The first living-related donor transplant at Cleveland Clinic Abu Dhabi was performed in 2018, when an Emirati brother donated a part of his healthy liver to save the life of his younger sister.
The first pancreas transplant performed in the UAE took place earlier this year at Cleveland Clinic, in a combined operation that also involved a young woman receiving a new kidney.
The nation’s first combined liver and kidney transplant was also performed at the hospital earlier this year.
Dr Sankari said the team hoped to further expand their expertise.
“Our mission has always been to bring the most advanced techniques in transplantation to the region and we work closely with colleagues across the Cleveland Clinic network to exchange knowledge and research in the field to achieve that,” he said.
“These successes could also not have been possible without the hospital’s strong partnerships with government entities and other transplant centres in the region to streamline processes and enhance the experience and care for our patients.”
Deceased organ donation has been permitted in the UAE since 2016, when a federal law was introduced allowing for the procedures.
A UAE government survey from 2018 showed that 68 per cent of respondents were willing to donate their organs after their death.
Watch: Daughter donates her kidney to her father
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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.”
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
More coverage from the Future Forum
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Fight card
1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)
2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)
3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)
4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)
5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)
6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)
7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)
8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)
9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)
10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)
11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)
12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.