SHARJAH // The internet is cutting the amount of time young Emiratis spend with their families, academics at the American University of Sharjah say.
And Abu Dhabi Police have warned parents about the dangers of internet cafes.
About a fifth of nationals aged between 18 and 40 said they spent less time with their families than before they had internet access.
That breaks down to 19 per cent of those aged 18 to 25; 20 per cent of those aged 26 to 32; and 22 per cent of those aged 33 to 40.
In comparison, only one in 25, or 4 per cent, of westerners aged 18 to 25 said the internet had cut into family time.
Dr Ilhem Allagui, the lead researcher, emphasised that the greatest changes were among people under 40.
"The younger one is, the more likely internet use is to have a deleterious effect on the time that one spends with family," she said.
"No Emirati over the age of 40 reported that they spend less time with their family since they began to use the internet."
The study's release came as police launched a campaign this week on the dangers of internet cafes.
"Adolescents are curious and search for secrets, and the web is full of secrets," said Lt Col Mubarak bin Mahirom, the director of Abu Dhabi community police.
"No matter how much we enforce control on the systems, it is no substitute for co-ordination and cooperation between the family, schools, and the telecommunication establishments in advising the youth."
While the study found the internet had an effect on family relationships, the same was not true of friendships, with two thirds (68 per cent) saying the internet allowed them to spend more time with friends.
The project has just been awarded a Dh200,000 grant by the National Research Foundation after being funded by the university for its first two years.
It also looked into social-network use, finding that Twitter still lags its rival Facebook in popularity. While 200,000 UAE residents have Twitter accounts, only 30,000 are active users.
But that could change. Dr Matt Duffy, an assistant professor of communication at Zayed University, sees Twitter taking the lead, certainly among Emiratis.
"Far more of my students are on Twitter than Facebook," Dr Duffy said. "They tell me it's because Twitter is a public network and Facebook is private. On Twitter, the female students feel safer following and having conversations with males if they're in public.
"I converse with some of my students via Twitter but don't follow many of them because they use the site more for socialising than for disseminating and sharing news, which is my primary use."
And three-quarters (76 per cent) use the internet in English, perhaps because of the lack of Arabic content. Only 6 per cent go exclusively to Arabic sites, and 16 per cent use English and Arabic.
The result, says Dr Mouawiya Al Awad, the head of Zayed University's institute of social and economic research, is a generation gap, especially among the wealthier families.
"One of the things we see on television or in supermarkets for example is competitions to know what Emirati words are and their meanings," Dr Al Awad said. "The younger generation is unable to identify these. The dialect is being lost."
Online shopping, or e-commerce, was an issue of great concern to respondents, with half (49 per cent) claiming to feel "extremely or very concerned" about the security of such transactions, and a quarter (26 per cent) "somewhat concerned".
Dr Maurice Danaher, the assistant professor in the college of information technology at Zayed University, agreed people in the region were more reluctant to do business through the internet than those in the West.
"One survey showed that only 32 per cent of internet users in the Mena [Middle East and North Africa] region purchase goods and services online, compared with 62 per cent in the UK," Dr Danaher said.
"Further, it found that the highest percentage of Mena online shoppers was in the GCC countries."
Like Dr Allagui, he believes this is down to a general lack of trust.
Dr Duffy said the country's "mall culture" might play its part, although its lack of a door-to-door postal service is also a challenge.
"Amazon.com ships goods for free or very cheap in other countries because of the established postal system. I think delivery here would be an issue," he said.
"Going to the mall is such a part of our lives here in the UAE. Why would we want to buy something at home and miss out on an opportunity to go to the mall?"
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Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
THE CARD
2pm: Maiden Dh 60,000 (Dirt) 1,400m
2.30pm: Handicap Dh 76,000 (D) 1,400m
3pm: Handicap Dh 64,000 (D) 1,200m
3.30pm: Shadwell Farm Conditions Dh 100,000 (D) 1,000m
4pm: Maiden Dh 60,000 (D) 1,000m
4.30pm: Handicap 64,000 (D) 1,950m
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
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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.”