The eagle was tagged and released by Dubai Falcon Hospital.
The eagle was tagged and released by Dubai Falcon Hospital.
The eagle was tagged and released by Dubai Falcon Hospital.
The eagle was tagged and released by Dubai Falcon Hospital.

Endangered eagle found caught in nets in Dubai tagged and released


Gillian Duncan
  • English
  • Arabic

Avian experts in Dubai have treated and rehabilitated an endangered eagle which was found entangled in nets.

The Greater Spotted Eagle was found in the desert a month ago by an Emirati boy who brought the bird to the Dubai Falcon Hospital for help.

Vets treated wounds to the bird’s leg, before tagging and releasing it last week in a conservation area.

A satellite tracker shows the male is healthy and flying around with another spotted eagle he met soon after his release.

We get more than 250 locations and signals per day so we can know exactly where he is and what he is doing Panos Azmanis

“The boy and his family [who found it] came and donated it to the hospital one month ago,” said Dr Panos Azmanis, a falcon veterinarian at Dubai Falcon Hospital.

“It was entangled in the net and the eagle could not fly and there was a wound on the leg. The young boy wants to become a falconer. He understood he could not start falconry with this big eagle so he brought the bird to us.

“We promised to release the eagle and we gave him as a present, a small captive-bred falcon, to start learning falconry.”

Vets performed a number of tests, including X-rays and blood tests, checking for parasites, and other procedures, including an endoscopy.

Once the bird was nursed back to health, they released it in the Marmoon Desert Conservation area, near Al Qudra Lakes, tagging it first with a satellite tracker to monitor its progress.

The tracker was paid for by the Deputy Ruler of Dubai and UAE Finance Minister, Sheikh Hamdan bin Rashid and the Dubai Falcon Hospital’s managing director, Humaid Al Muhairi, said Dr Azmanis.

“Rashid is only one of the handful eagles that have been satellite tracked in the Arabian Gulf and the data will make a significant impact to the scientific community to protect the species,” said Mr Azmanis.

The bird is still in the area, which is a known habitat for the species, and is in good health, he added.

“We are tracking him daily and download data twice a day. We get more than 250 locations and signals per day so we can know exactly where he is and what he is doing,” said Mr Azmanis.

“After the release in the wild, another greater spotted eagle came to sit with him. The next day they were exploring the area together. We expect to start his migration outside UAE in March.”

Every autumn, the birds of prey migrate from their breeding ground in southern Russia and northern Kazakhstan to Europe, North Africa, the Gulf, and sometimes beyond, to north east Africa.

Research by Environment Agency Abu Dhabi suggests two separate populations may visit the UAE each year.

The department has been monitoring six greater spotted eagles to see where they go when they leave the UAE.

The data captured shows once the birds reach the Caspian Sea, they split into two directions.

One group veers to the east, while the other moves around the west coast.

One of the birds being tracked by EAD, known as 296, was tagged in late 2015, providing scientists with more than four and a half years of data.

Since then it has travelled 100,000km, visiting 10 countries.

Understanding migratory routes and resting sites is critical to the survival of the species. There are believed to be fewer than 10,000 mature individuals left across the world. The birds are classed as vulnerable to extinction by the International Union for Conservation of Nature.

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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  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
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  • Refugees will have a reduced right to public funds
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Co-founders: Joe Moufarrej and Umar Rana

Based: Dubai

Sector: Technology, real-estate

Initial investment: Dh2.5 million

Investors: Self-funded

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Thursday, February 8 v Kenya; Friday, February v Canada; Sunday, February 11 v Nepal; Monday, February 12 v Oman; Wednesday, February 14 v Namibia; Thursday, February 15 final

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What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties?
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Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

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