Construction products being tested for fire resistance and safety at Emirates Safety Lab. Credit: Dubai Civil Defence
Construction products being tested for fire resistance and safety at Emirates Safety Lab. Credit: Dubai Civil Defence
Construction products being tested for fire resistance and safety at Emirates Safety Lab. Credit: Dubai Civil Defence
Construction products being tested for fire resistance and safety at Emirates Safety Lab. Credit: Dubai Civil Defence

New lab in Dubai to test building materials for fire safety


Ali Al Shouk
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  • Arabic

Building material suppliers and contractors will need to get their products tested for fire safety at a new government laboratory.

Dubai Civil Defence said their Emirates Safety Lab will issue safety certificates to suppliers to ensure their construction materials are up to standards.

The lab has been testing materials and products since April. Without the safety certificate, authorities in the emirate will not issue approvals for construction work.

Brig Ali Hassan Al Mutawa, assistant director general of Dubai Civil Defence for Fire and Rescue Affairs, said everything from doors, cladding, electrical cables, paints, water sprinklers and smoke detectors should be tested before they are cleared to be installed in towers, houses and warehouses.

“The aim is to use the best fire-resistant materials, whether it is a door or cladding. The safety certificates will help to protect lives and properties," he told The National at the Big 5 construction exhibition at Dubai World Trade Centre.

The laboratory has been testing materials and products since April. Photo: Dubai Civil Defence
The laboratory has been testing materials and products since April. Photo: Dubai Civil Defence

“Suppliers can easily get their products tested.”

The lab offers 90 different tests and issues 600 types of certificates.

“The lab has obtained international accreditation. Products from Europe, Saudi Arabia and Egypt have been certified after testing," he said.

Brig Al Mutawa said the data on past fires would help the lab to develop and make sure that construction products are of good quality

He said buildings under construction in Dubai should have an advanced fire system to contain the blaze before firefighters reach the scene.

“More than 95 per cent of buildings in Dubai have smart fire alarm systems. We aim to prevent fires by reducing the response time to zero, but fire-resistant products and safety systems should be used to control the blaze before the firefighters get to work,” he said.

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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Updated: December 09, 2022, 10:24 AM