A water treatment plant with wetlands in Oman, nets that promote sustainable fishing and an online education programme have been identified by Expo 2020 Dubai as local solutions to the world’s biggest challenges.
The Expo’s Global Best Practice Programme has identified 20 projects as part of its Untold Stories project.
The 20 will come together under one umbrella at next year's event to trigger new ideas and inspire change.
"These 20 selected projects are already having a real, positive impact on people’s lives, at a time when millions face significant challenges," said Reem Al Hashimy, Minister of State for International Co-operation and director general of Expo 2020 Dubai Bureau.
These 20 selected projects are already having a real, positive impact on people's lives, at a time when millions face significant challenges
"Projects under the programme will benefit from a unique platform that will bring together change-makers from around the world, facilitating knowledge transfer, global collaboration and inspiring concrete action."
The projects have changed the lives of students, teachers, nurses, villagers and fishermen, and could be replicated anywhere in the world.
They include the Nimr water treatment plant in Oman, one of the world’s largest environment-friendly programmes.
Then there is the UAE’s Alef Education, which uses artificial intelligence to help pupils learn at their own pace, and a British battery-powered technology that uses underwater lights to protect fish species.
The programme is part of the Expo's commitment to promote critical projects from which millions around the world can learn more about co-operation and sharing of knowledge.
It also reflects the UAE’s effort to drive positive change globally.
Aishah Al Yammahi, a board adviser with Alef Education, said the technology company was proud to take part in the Expo.
"Expo 2020 Dubai represents a melting pot of the latest cutting-edge technologies and innovations from around the world," Ms Al Yammahi said.
The digital platform has helped more than 60,000 pupils in 200 schools in the UAE and three schools in the US by using individual instruction to improve learning.
Also among the 20 projects, SafetyNet Technologies in Britain has designed underwater lights known as Pisces to aid more selective fishing.
When attached to nets, the lights help to reduce accidental catches and protect fish stock by targeting specific species.
This is based on research that specific types of light can directly affect the catch.
Nets are lit with one of six colours a fisherman can select. The lights are already used by fisheries in Europe.
In south Oman, a wetland has been created around the Nimr water treatment plant, where desert temperatures can soar to 50°C.
Plants were locally sourced and reproduced in a nursery on site with the treated water for irrigation.
The wetland is also attracting more than 100 native and migratory birds to the site.
In another project, waste is being converted into compost. The Soil programme in Haiti provides 6,500 people with toilets as part of a scheme to provide affordable household sanitation services.
More than 510 tonnes of waste has been converted into agricultural grade compost and there are plans to launch bigger projects to serve thousands of households.
This is the second phase of the Expo initiative.
Last year, 25 locally based programmes were picked by the Dubai organisers to address the UN’s sustainable development goals for a better future.
Launched in 2018, the initiative follows a mandate of the Bureau International des Expositions, the expo organisers, to promote solutions that can be expanded for greater global impact.
"At their core, Expos are educational events that share knowledge and disseminate the latest and most useful innovations for the benefit of all,” said Dimitri Kerkentzes, secretary general of the bureau.
“We are delighted to witness the growth of the Best Practice Area at Expo 2020 Dubai and look forward to seeing its continued development as we drive forward in solidarity towards a brighter future.”
A call for proposals had received 1,175 submissions from 141 countries.
The Expo hopes to spark new ideas, improve collaboration and inspire further change by bringing the initiatives under one umbrella.
The programme will be an integral part of the World Expo, which will run from October 1, 2021 to March 2022.
There will be themed weeks, and international day events to highlight climate change, health, inequality and environmental degradation.
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IPL 2018 FINAL
Sunrisers Hyderabad 178-6 (20 ovs)
Chennai Super Kings 181-2 (18.3 ovs)
Chennai win by eight wickets
Brown/Black belt finals
3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA
Schedule:
Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore
Global Fungi Facts
• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
The Facility’s Versatility
Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket
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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