The use of gargoors, a type of traditional fishing cage, is banned in Abu Dhabi. Kamran Jebreili / AP Photo
The use of gargoors, a type of traditional fishing cage, is banned in Abu Dhabi. Kamran Jebreili / AP Photo
The use of gargoors, a type of traditional fishing cage, is banned in Abu Dhabi. Kamran Jebreili / AP Photo
The use of gargoors, a type of traditional fishing cage, is banned in Abu Dhabi. Kamran Jebreili / AP Photo

Percentage of fish sustainably caught in Abu Dhabi has surged since 2018


Gillian Duncan
  • English
  • Arabic

The number of fish sustainably caught in Abu Dhabi’s waters has surged over the past three years.

An index measuring sustainable exploitation ― which is the amount of fishing that does not have a negative impact on marine ecosystems – rose from 8.9 per cent in 2018 to 62.3 per cent in 2021, Environment Agency - Abu Dhabi said on Monday.

The statistics show recoveries in average mature stocks of some of the most threatened species, such as hammour, which increased from 15.8 per cent in 2020 to 20.5 per cent over the same period.

It means at least 70 per cent of the emirate’s fish stock could recover sustainably by 2030 if current fishing practices and conservation efforts continue.

Sheikh Hamdan bin Zayed, Ruler's Representative in Al Dhafra Region and chairman of the EAD, said the fishing sector in the emirate of Abu Dhabi was under pressure due to the over-exploitation of fisheries and their severe depletion.

"This required the implementation of a set of international procedures and standards for the management of fisheries in Abu Dhabi, which today, has succeeded in achieving remarkable results," said Sheikh Hamdan, paying tribute to all involved from fishermen to the Minstry of Climate Change and Environment.

“The measures taken ... will contribute to enabling fish stocks to recover on the long run, allowing at least 70 per cent of our fisheries' resources to recover sustainably by 2030," he said.

Abu Dhabi authorities in 2019 introduced measures to prevent the overfishing of species such as hammour. Stephen Lock / The National
Abu Dhabi authorities in 2019 introduced measures to prevent the overfishing of species such as hammour. Stephen Lock / The National

The indicator was calculated in 2021 by evaluating 32 species, which represents 98.6 per cent of landings that year.

The percentage of fish old enough to spawn, allowing for the renewal of the population, also increased.

The recovery follows a string of rules introduced by the EAD to save stocks, after a 2019 report highlighted how overzealous fishing practices had wiped out some species and pushed other populations to the brink of collapse.

The EAD survey revealed drops in fish populations of some 200 species due to overfishing, suggesting hammour, sheri and farsh were being fished between three and five times the sustainable limits.

Authorities swung into action and that year banned gargoor nets ― a traditional fishing cage blamed for decimating the stock of hammour and farsh. These stocks at one point declined to just 10 per cent of their adult stock size compared to levels in 1978.

The EAD also banned encircling nets, established marine reserves, implemented seasonal fishing bans, set out minimum catch sizes and also ran awareness campaigns for local fishermen.

"We must preserve the fishing heritage passed on from our ancestors for our future generations, so that they can enjoy the goodness of our land and our cultural and natural heritage," said Sheikh Hamdan.

"We must preserve the fishing heritage passed on from our ancestors for our future generations."

UAE sustainability projects - in pictures

  • The UAE is known for protecting the environment. Here Environment Agency Abu Dhabi staff release a tagged flamingo as part of Abu Dhabi Birdathon initiative. Courtesy Environment Agency Abu Dhabi
    The UAE is known for protecting the environment. Here Environment Agency Abu Dhabi staff release a tagged flamingo as part of Abu Dhabi Birdathon initiative. Courtesy Environment Agency Abu Dhabi
  • Umbrella Thorn Acacia trees are among the UAE's rich flora. Silvia Razgova / The National
    Umbrella Thorn Acacia trees are among the UAE's rich flora. Silvia Razgova / The National
  • Abu Dhabi has the second-largest dugong population in the world. Environment Agency Abu Dhabi
    Abu Dhabi has the second-largest dugong population in the world. Environment Agency Abu Dhabi
  • Love of nature is part of life here. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, with a sea turtles he helped release into the wild. Instagram/ @faz3
    Love of nature is part of life here. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, with a sea turtles he helped release into the wild. Instagram/ @faz3
  • Abu Dhabi's environment agency is working to protect Hawksbill and Green turtles which live in the emirate's waters. Courtesy TDIC
    Abu Dhabi's environment agency is working to protect Hawksbill and Green turtles which live in the emirate's waters. Courtesy TDIC
  • A cheetah at Al Ain Zoo, Al Ain. The zoo was founded by the Late President, Sheikh Zayed. Chris Whiteoak / The National
    A cheetah at Al Ain Zoo, Al Ain. The zoo was founded by the Late President, Sheikh Zayed. Chris Whiteoak / The National
  • An Arabian sand gazelle at the Mleiha Archaeological Centre in Sharjah. Chris Whiteoak / The National
    An Arabian sand gazelle at the Mleiha Archaeological Centre in Sharjah. Chris Whiteoak / The National
  • The UAE is also embracing clean energy. This computer-generated image shows what phase four of Dubai's Mohammed Bin Rashid Solar Park, currently under construction in Dubai. Image courtesy of Acwa Power
    The UAE is also embracing clean energy. This computer-generated image shows what phase four of Dubai's Mohammed Bin Rashid Solar Park, currently under construction in Dubai. Image courtesy of Acwa Power
  • Nuclear energy is also important. The first reactor at Barakah nuclear plant reached 100 per cent power in December 2020.
    Nuclear energy is also important. The first reactor at Barakah nuclear plant reached 100 per cent power in December 2020.
  • Abu Dhabi's new Midfield Terminal has won a coveted three-pearl rating under Abu Dhabi's Estidama, Arabic for sustainability, system. Courtesy KPF
    Abu Dhabi's new Midfield Terminal has won a coveted three-pearl rating under Abu Dhabi's Estidama, Arabic for sustainability, system. Courtesy KPF
  • A breeding programme run by Environment Agency Abu Dhabi helped bring Arabian Oryx back from the brink of extinction. Courtesy: EAD
    A breeding programme run by Environment Agency Abu Dhabi helped bring Arabian Oryx back from the brink of extinction. Courtesy: EAD
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Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

The Specs

Engine 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp (542bhp in GTS model)

Torque: 730Nm

Price: Dh649,000 (Dh549,000 for GTS) 

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Why seagrass matters
  • Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
  • Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
  • Biodiversity: Support species like sea turtles, dugongs, and seabirds
  • Coastal protection: Reduce erosion and improve water quality
Women’s T20 World Cup Asia Qualifier

ICC Academy, November 22-28

UAE fixtures
Nov 22, v Malaysia
Nov 23, v Hong Kong
Nov 25, v Bhutan
Nov 26, v Kuwait
Nov 28, v Nepal

ICC T20I rankings
14. Nepal
17. UAE
25. Hong Kong
34. Kuwait
35. Malaysia
44. Bhutan 

UAE squad
Chaya Mughal (captain), Natasha Cherriath, Samaira Dharnidharka, Kavisha Egodage, Mahika Gaur, Priyanjali Jain, Suraksha Kotte, Vaishnave Mahesh, Judit Peter, Esha Rohit, Theertha Satish, Chamani Seneviratne, Khushi Sharma, Subha Venkataraman

Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

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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.”

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

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UAE currency: the story behind the money in your pockets
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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Uefa Champions League last 16, second leg
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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Updated: March 21, 2022, 12:30 PM