Agents in Dubai learn to detect weapon materials


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DUBAI // Customs agents and Civil Defence officers have received specialist training in how to find weapons of mass destruction (WMDs) and materials that could be used in their manufacture. The two-day course focused on dual-use technology, and formed part of an effort to support legitimate trade while controlling the spread of nuclear, biological and chemical weapons, according to a Dubai Customs official.

"Dubai Customs has developed a programme for controlling export and materials of dual usage," said Mohammed al Mari, the director of customs cargo operations. The course, which is first of its kind in the Middle East, would help to ensure the programme was carried out efficiently, Mr Mari said. Mohammed Foolad, a WMD expert with Dubai Customs, said the course raised awareness among officers of materials that were known to be used in making WMDs, and others that could be used to manufacture legal products as well as weapons and explosives.

Officers were taught how to detect and identify a variety of mineral, chemical, biological and nuclear substances. They also learnt international codes used to identify different materials, and how transport and freight systems work. "Dubai Customs has not neglected its customers and investors, as we have published a booklet to raise awareness among companies and corporations about the export regulations," Mr Mari said.

"The guide also helps to protect customers and investors [by] preventing the export of dual-use items or dealing with suspicious companies, which may lead to international prosecution," he added. During an interview with The National earlier this year, Mohammed al Mehairi, the head of the Federal Customs Authority, said effective use of data analysis and advanced training for officers was vital to control dual-use material such as fertilizers, which could be used to make explosives and other weapons, as well as the movement of goods that could be used to build nuclear reactors and other facilities associated with WMDs.

"With these facilities you need special kinds of steel, special fabrications, but when criminals are smuggling these items they don't disclose their purpose. The trick is to analyse the data you have and target [operations]," he said. "We have had some success at this." In March, prosecutors in Dubai announced that a man would go on trial for attempting to deal in zirconium, a metal used to build nuclear reactors.

The trial, now underway, is expected to hear testimony from an expert in nuclear issues this morning. The trade in dual-use material and technology is controlled in the UAE by Federal Law No 12 of 2007. @Email:gmcclenaghan@thenational.ae

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UAE currency: the story behind the money in your pockets
How to register as a donor

1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

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.”

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

UAE currency: the story behind the money in your pockets
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