Cyclists had their bikes seized for endangering the lives of road users. Photo: Dubai Police
Cyclists had their bikes seized for endangering the lives of road users. Photo: Dubai Police
Cyclists had their bikes seized for endangering the lives of road users. Photo: Dubai Police
Cyclists had their bikes seized for endangering the lives of road users. Photo: Dubai Police

Dubai police confiscate more than 9,000 bicycles in ten months


Salam Al Amir
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Police in Dubai have confiscated more than 9,000 bicycles in the last ten months in a safety push.

Brig Saif Muhair Al Mazrouei, director-general of the Dubai Police traffic department, said cyclists had their bikes seized for breaking traffic laws and endangering the lives of road users.

He said the officers had intensified their traffic patrols in the Deira and Bur Dubai areas, where many people use bicycles, in the past months.

“The aim is to reduce deaths, disabilities and injuries caused by bicycle-related accidents,” he said.

Between January and October this year, officers confiscated 9,886 bicycles of riders who were caught breaking traffic and safety rules.

“Bicycle-related accidents can be fatal, especially when cyclists are recklessly driving or riding against the flow of traffic,” he said.

“Some cyclists break traffic laws and endanger their lives and others’ lives by cycling on pavements in commercial markets and narrow alleys.”

Accidents involving bicycles can be serious, he said.

“Bicycles have minimum protection, so a simple collision could have serious consequences,” Brig Al Mazrouei said.

The senior officer said cyclists must stop at red lights, be careful near busy intersections, and always use crosswalks.

“Cyclists need to wear a properly fitted bicycle helmet and a high visibility vest, always ride in the same direction as other vehicles and never ride against traffic,” he said.

New eletronic permit for amateur cyclists in Abu Dhabi - in pictures

  • Cyclists on the Corniche in Abu Dhabi. A new permit system allows cyclists in the capital to ride over long distances in large groups.
    Cyclists on the Corniche in Abu Dhabi. A new permit system allows cyclists in the capital to ride over long distances in large groups.
  • A woman walks along a cycling track on the Corniche in Abu Dhabi. Authorities called on cyclists to adhere to public safety regulations.
    A woman walks along a cycling track on the Corniche in Abu Dhabi. Authorities called on cyclists to adhere to public safety regulations.
  • Individual cyclists do not require a licence.
    Individual cyclists do not require a licence.
  • The new measures complement various projects and rules introduced to ensure the safety of cyclists and motorists across the emirate.
    The new measures complement various projects and rules introduced to ensure the safety of cyclists and motorists across the emirate.
  • Cyclist Kevin Duell rides on a road in Abu Dhabi.
    Cyclist Kevin Duell rides on a road in Abu Dhabi.
  • People exercising along the corniche in Abu Dhabi.
    People exercising along the corniche in Abu Dhabi.
  • Cyclists near the fishing harbour in Abu Dhabi.
    Cyclists near the fishing harbour in Abu Dhabi.
UAE jiu-jitsu squad

Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)

Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)

Scorecard

Scotland 220

K Coetzer 95, J Siddique 3-49, R Mustafa 3-35

UAE 224-3 in 43,5 overs

C Suri 67, B Hameed 63 not out

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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.”

The specs

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Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

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The specs

Price, base / as tested Dh960,000
Engine 3.9L twin-turbo V8 
Transmission Seven-speed dual-clutch automatic
Power 661hp @8,000rpm
Torque 760Nm @ 3,000rpm
Fuel economy, combined 11.4L / 100k

Updated: November 24, 2021, 4:00 AM