A new species of moth has been discovered on Jebel Hafeet in Al Ain.
It was spotted by wildlife researcher Huw Roberts and has been named Eretmocera hafeetensis after the mountain it was found on.
It is part of the Scythrididae family of moths and is distinguished by a unique “X” marking.
Details about the unique find have been published in the journal, Nota Lepidopterologica, with the discovery highlighting the rich biodiversity of Jebel Hafeet, which is home to some of the UAE’s rarest plants and engendered animals.
Mr Roberts, who has been studying the flora and fauna of the UAE for the past two decades, first spotted the moth on the mountain in 2010.
X marks the spot
“The X shape made me convinced it was different,” Mr Roberts told The National. "But I knew that it needed a detailed examination to be sure it was a new species."
The painstaking work to identify it as a new species continued since that first encounter. Mr Roberts undertook several field visits to a western part of the mountain known as Ain Al Waal, where most of the sightings of the moth were made.
There he took photographs, studied them at home and sent specimens to Sweden for further study. Working with another expert, Bengt Bengtsson, they finally identified it as a new species before jointly writing the journal article.
The moth has a metallic brown-colour with pale markings. It can be identified by an X-shape across the two forewings, a feature more prominent on females.
A nature hotspot
The find further underlines the rich biodiversity of the UAE and particularly on Jebel Hafeet. Not only is it Abu Dhabi’s highest peak at about 1,200 metres but on its slopes are trees, plants, birds and animals such as the red fox, Blanford’s fox, Brandt’s hedgehog, bats, hares, the Arabian tahr and the rock hyrax.
“Mountains are attractive for many species," said Mr Roberts. "With Jebel Hafeet, there is always a chance of finding interesting species, partly because Jebel Hafeet is isolated from the rest of the Hajar Mountains by about 40km," he said.
“Also, it is quite different climatically [less rain] and geologically [different rocks], which influence what plants that grow and which animals are present.”
In recognition of the importance of the area, Abu Dhabi established the Jebel Hafeet national park to protect the unique mountain environment.
Part of the Ain Al Waal site lies inside the park. The moth has been seen mostly at Ain Al Waal and a site close to it known as Ain Al Fayda but it could be found elsewhere on the mountain or anywhere with the right conditions.
Moths and their caterpillars are crucial for healthy ecosystems as they are part of the food chain for other species such as bats, birds, small mammals and amphibians. They also pollinate flowers.
Mr Roberts, who has been based in Al Ain for about 20 years, is also working on a larger wildlife project at Ain Al Waal. He has focused on an area measuring 900 metres by 700 metres between the mountain and a road that provides a barrier between it and a new residential development.
The location has trees and plants while several wadis feed into this area, with water pools used by Arabian tahr. Mr Roberts has, so far, documented close to about 850 species of fauna in this area and he plans to publish the results soon.
“It surprised me there were so many species in such a small area,” said Mr Roberts, whose work has been previously aided by a grant from the Mohamed bin Zayed Species Conservation Fund.
“The species change with the seasons,” he said. “Spring, with its flowering plants, is the best time of year to see a variety of wildlife species."
Mr Roberts said it was important to try to keep these and similar species-rich areas safe for future generations.
“Many of the species in this area could easily be lost quickly if it is not actively protected,” he said.
“Just in the past ten years, things have changed. There are many people living nearby now. The area is a biodiversity hotspot just a few metres away from a large housing estate.”
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
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.”
TOURNAMENT INFO
Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri
Fixtures
Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am
Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am
Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am
Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight
Russia's Muslim Heartlands
Dominic Rubin, Oxford
Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
UAE currency: the story behind the money in your pockets
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