Sheikh Salem bin Sultan Al Qasimi is a man on a mission to save the honeybee.
The avid beekeeper, who has been interested in the insects since he was a child, has set up numerous companies over the past few decades in the beekeeping industry.
But he has now consolidated them into one, called OneHive, which he hopes will become a global ambassador in the project to save bees from extinction.
“My interest started when I was young,” Sheikh Salem, who is also the chairman of Ras Al Khaimah International Airport, told The National.
Our main focus is to educate the young generations about the importance of bees and their survival and how we can sustain them
Sheikh Salem bin Sultan
“I liked bees and had a passion for them. My father used to bring hives from the mountains for food. So the connection started there and later on I got into this industry.”
His company produces and sells honey produced from the nectar of the sidr tree, wildflowers, ghaf tree and even mangroves.
But its primary purpose is to ensure the survival of the bee species.
“Our main focus is to educate the young generations about the importance of bees and their survival and how we can sustain them, especially with the challenges we have in the area with the hot weather, the scarcity of water and all these things,” he said at Abu Dhabi Agriculture and Food Security Week, where his company is exhibiting.
“So this is very important how we can produce more bees, sustain them and produce our own local honey to have as a food security product here in the UAE.”
Bees are critically important pollinators, carrying pollen from one plant to another, thereby helping fertilise plants so they can produce fruit and seeds.
Bees pollinate 70 of the 100 fruit, vegetable and nut crop species that feed 90 per cent of the world’s population. If they die, so would the plants they pollinate.
And if this happens, experts say the world would lose half the vegetables and fruits that are available today.
But over the past few decades the world has recorded massive declines in the numbers of honeybees, with one global study earlier this year estimating a quarter of all bee species known to science – which is about 20,000 – have not been seen, despite improved and expanded monitoring programmes.
Another study by researchers at the University of Ottawa and University College London found that the likelihood of a bee being at any given place in Europe or North America has declined by a third since the 1970s.
OneHive put several initiatives in place to help ensure bees’ survival here, including creating a bee reserve near Hatta with more than 8,000 sidr trees.
It has also created an educational garden, OneHive Honeybee Garden and Discovery Centre in Hatta, to teach people about the importance of the species.
It is starting to build partnerships with local companies too to broaden its reach, with Dubai Airports roped in recently. The partnership seeks to build an educational centre to further raise awareness of the plight of the honeybee.
And it is also working with producers to save bees that are no longer needed after the short honey production season.
“What happens here in the UAE is a lot of bees are brought in. They are purchased outside of the UAE, in Egypt, for instance,” said Shadi Zakhour, the company’s managing director.
“It becomes a really commercial practice, where they bring the bees in for the season for maybe one month and then they let the bees die. This is something we are really against. We have created a buyback programme.
"We purchase the bees from the beekeepers after the season ends. So it gives us the opportunity to save some bees. It also helps our production to sustain them. No one wants to sustain them over the hot months. Bees are like us, they need protein and carbohydrates and if they can’t get that in the environment, they die.”
Sheikh Salem said about 50 per cent of the beekeepers only operate for the season. Out of that number, OneHive buys about 30 per cent of the bees which would have otherwise been allowed to die. It relocates them to cooler areas where the company looks after them to ensure their survival.
“We have to care about bees,” he said.
“If they disappear from Earth, life will follow and disappear after four years. That means it is a big impact on our life, our sustainability, our culture, our health, our food system, our security.”
Hatta bee farm - in pictures
About Tenderd
Started: May 2018
Founder: Arjun Mohan
Based: Dubai
Size: 23 employees
Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital
Nancy 9 (Hassa Beek)
Nancy Ajram
(In2Musica)
The finalists
Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho
Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson
Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)
Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)
Club of the Year: Bayern Munich, Liverpool, Real Madrid
Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)
Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola
One in nine do not have enough to eat
Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.
One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.
The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.
Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.
It is currently estimated that one in nine people globally do not have enough to eat.
On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.
Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.
MATCH INFO
Manchester City 3 (Silva 8' &15, Foden 33')
Birmginahm City 0
Man of the match Bernado Silva (Manchester City)
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 years Ramadan fell in May
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Tightening the screw on rogue recruiters
The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.
Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.
A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.
The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.
The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.
Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.
Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment
But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.
KILLING OF QASSEM SULEIMANI
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
It
Director: Andres Muschietti
Starring: Bill Skarsgard, Jaeden Lieberher, Sophia Lillis, Chosen Jacobs, Jeremy Ray Taylor
Three stars