• The sea turtles were rescued from beaches that surround the Barakah Nuclear Energy Plant.
    The sea turtles were rescued from beaches that surround the Barakah Nuclear Energy Plant.
  • The 17 rehabilitated turtles entered the waters in the Al Dhafra region.
    The 17 rehabilitated turtles entered the waters in the Al Dhafra region.
  • The release was a joint venture with Nawah and Environment Agency – Abu Dhabi.
    The release was a joint venture with Nawah and Environment Agency – Abu Dhabi.
  • The vast majority of turtles are brought to the “intensive care” centre, which sits 18 metres under sea level in the basement of the Burj Al Arab hotel, by regular beachgoers. Jaime Puebla / The National
    The vast majority of turtles are brought to the “intensive care” centre, which sits 18 metres under sea level in the basement of the Burj Al Arab hotel, by regular beachgoers. Jaime Puebla / The National
  • Baby turtles are released into the ocean in Bali, Indonesia on Tuesday, July 6, 2021. Dozens of newly hatched Lekang turtles were released during a campaign to save the endangered sea turtles. (AP Photo / Firdia Lisnawati)
    Baby turtles are released into the ocean in Bali, Indonesia on Tuesday, July 6, 2021. Dozens of newly hatched Lekang turtles were released during a campaign to save the endangered sea turtles. (AP Photo / Firdia Lisnawati)
  • A baby hawksbill turtle makes its way into the sea at Saadiyat beach. Insun Woo/NYUAD
    A baby hawksbill turtle makes its way into the sea at Saadiyat beach. Insun Woo/NYUAD

Seventeen sea turtles return to water in Abu Dhabi after rehabilitation


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A batch of sea turtles rescued from beaches that surround the Barakah Nuclear Energy Plant in Abu Dhabi has been released back into the wild.

The 17 marine reptiles entered the water in Al Dhafra after being rescued and rehabilitated by environmental volunteers from Nawah Energy Company.

Teams from Nawah regularly conduct checks of the beaches that surround the nuclear plant, as many turtles tend to be washed ashore with injuries caused by environmental hazards such as plastic pollution.

The release was a joint venture with the Abu Dhabi environment agency.

The release was a joint venture with Nawah and Environment Agency – Abu Dhabi.
The release was a joint venture with Nawah and Environment Agency – Abu Dhabi.

Since June this year, the agency has taken part in three turtle release programmes.

The first event involved the release of 150 creatures, and in the second a large group of previously rescued turtles were released at the beach of the Saadiyat Rotana hotel in celebration of World Sea Turtle Day.

During one of the earlier releases, one of the turtles, affectionately named Al Hudayriat, was fitted with a satellite tracking device so marine specialists could monitor its feeding and nesting habits.

The Agency plans on releasing more than 150 turtles in the coming months, with some tagged with satellites to enable their migration patterns and behaviour to be monitored.

Ahmed Al Hashmi, from the environment agency’s terrestrial and marine biodiversity division, said several energy organisations have placed “environmental activities at the top of their agenda”.

Throughout the partnership, Nawah’s team had shown its “utmost devotion to the preservation of the environment”, he said.

“This has primarily been reflected in the great lengths they have gone to in rescuing distressed turtles, and joining us in releasing them back into the wild so they can thrive once again.”

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Grand slam winners since July 2003

Who has won major titles since Wimbledon 2003 when Roger Federer won his first grand slam

Roger Federer 19 (8 Wimbledon, 5 Australian Open, 5 US Open, 1 French Open)

Rafael Nadal 16 (10 French Open, 3 US Open, 2 Wimbledon, 1 Australian Open)

Novak Djokovic 12 (6 Australian Open, 3 Wimbledon, 2 US Open, 1 French Open)

Andy Murray 3 (2 Wimbledon, 1 US Open)

Stan Wawrinka 3 (1 Australian Open, 1 French Open, 1 US Open)

Andy Roddick 1 (1 US Open) 

Gaston Gaudio 1 (1 French Open)

Marat Safin 1 (1 Australian Open)

Juan Martin del Potro 1 (1 US Open)

Marin Cilic 1 (1 US Open)

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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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Family: mother, three sisters, three brothers and a two-year-old daughter

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Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

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What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm

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It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.

The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.

But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.

At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.

The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.

After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.

Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.

And the number of women in leadership roles has risen to 34 per cent globally, WEF said.

At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.

And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.

* Agence France Presse

Updated: August 01, 2021, 10:22 AM