• Shoppers pack goods into long-life bags at the checkout. Abu Dhabi's authorities opted for a total ban instead of a charge per bag.
    Shoppers pack goods into long-life bags at the checkout. Abu Dhabi's authorities opted for a total ban instead of a charge per bag.
  • Shaikha Salem Al Dhaheri, centre, white mask, secretary general of Environment Agency Abu Dhabi, visits Lulu Supermarket in Mushrif Mall on the first day of a ban on plastic shopping bags. All photos: Chris Whiteoak / The National
    Shaikha Salem Al Dhaheri, centre, white mask, secretary general of Environment Agency Abu Dhabi, visits Lulu Supermarket in Mushrif Mall on the first day of a ban on plastic shopping bags. All photos: Chris Whiteoak / The National
  • Long-life shopping bags made of jute and cotton on display at Lulu in Mushrif Mall, Abu Dhabi.
    Long-life shopping bags made of jute and cotton on display at Lulu in Mushrif Mall, Abu Dhabi.
  • Signs at Spinneys on Abu Dhabi's Muroor Road inform the public that from June 1, 2022, shops cannot stock single-use plastic bags.
    Signs at Spinneys on Abu Dhabi's Muroor Road inform the public that from June 1, 2022, shops cannot stock single-use plastic bags.
  • Shoppers are encouraged to bring their own but can also buy long-life bags in shops.
    Shoppers are encouraged to bring their own but can also buy long-life bags in shops.
  • Exceptions to the ban include plastic packaging used to wrap meats and thin poly bags for vegetables and grains.
    Exceptions to the ban include plastic packaging used to wrap meats and thin poly bags for vegetables and grains.
  • Supermarket staff pose for a photo with trolleys full of long-life bags.
    Supermarket staff pose for a photo with trolleys full of long-life bags.

Abu Dhabi reduces number of single-use plastic bags by half a million per day


Anjana Sankar
  • English
  • Arabic

Abu Dhabi has reduced the use of single-use plastic bags in retail stores by 87 million since the emirate introduced a ban on June 1.

The Environment Agency Abu Dhabi said the reduction is equivalent to half a million bags a day, with the overall use of single-use plastic bags down by more than 90 per cent.

Abu Dhabi banned single-use plastic bags to protect the environment and address the high rate of plastic bag use across the UAE, which is almost four times the global average.

According to figures issued by the World Government Summit in February 2019, 11 billion plastic bags are used in the Emirates each year.

Estimates suggest around 13 million tonnes of plastic enter the world’s oceans each year globally.

The agency said people have since switched to more sustainable reusable bags with a lower environmental footprint.

Routine inspections conducted by various governmental organisations revealed that more than 80 per cent of outlets are offering environment-friendly options or charging a fee for reusable plastic shopping bags.

Dr Shaikha Al Dhaheri, secretary general of the agency, said the reduction in the consumption of single-use plastics will also reduce emissions and will help the waste sector divert 80 per cent of municipal solid waste in Abu Dhabi away from landfills.

“The single-use plastic policy in Abu Dhabi addresses the issue of plastic pollutants that leak into the environment and cause damage," she said.

"We are exploring the use of sustainable solutions to solve this challenge in a manner that fully supports the government’s long-term vision for a greener future.”

The agency has also distributed a guide, in Arabic and English, entitled Becoming Free of Single-Use Products: A Guide for Abu Dhabi Government to all government agencies detailing ways to implement the commitment contained in the single-use plastic policy.

The EAD held 15 awareness sessions since June, targeting different categories of youth and public, and private sector institutions, as well as in the industrial and commercial sectors to raise awareness.

It has also introduced an app called Baadr — named after the Arabic word for "initiate" — that aims to educate, encourage and reward users looking to shift to a more environmentally friendly way of living.

The agency said it is also partnering with 30 private and public entities to develop a recovery system to collect and recover about 8,000 tonnes of plastic bottles over the next five years, which will go directly to the emirate’s recycling sector.

In 2022, more than 30 million plastic bottles were recovered, compared with 7.25 million bottles in 2021, and more than 10 tonnes of plastic is being collected weekly, equal to approximately 850,000 bottles.

How to recycle plastic bottles to earn free bus rides in Abu Dhabi

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Sector: Generative AI
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Name: Kumulus Water
 
Started: 2021
 
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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.”

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NINE WINLESS GAMES

Arsenal 2-2 Crystal Palace (Oct 27, PL)

Liverpool 5-5 Arsenal  (Oct 30, EFL)

Arsenal 1-1 Wolves (Nov 02, PL)

Vitoria Guimaraes 1-1 Arsenal  (Nov 6, Europa)

Leicester 2-0 Arsenal (Nov 9, PL)

Arsenal 2-2 Southampton (Nov 23, PL)

Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)

Norwich 2-2 Arsenal (Dec 01, PL)

Arsenal 1-2 Brighton (Dec 05, PL)

Updated: November 27, 2022, 12:45 PM