From aquaponic agriculture and solar-powered "rain-making" panels to energy saving eco-homes – the latest environmental projects at Sharjah Research, Technology and Innovation Park offer a glimpse into the future of the UAE.
Water and environmental technologies are two of the six key research projects attracting collaborations between scientists, researchers and students from the American University of Sharjah.
Transport, construction, big data and renewable technologies are other key areas of research, but it is the park's farm and eco-estate that are attracting the most attention.
We have a fully indoor growing area of vertical farms to allow us to grow crops year round, even at the height of summer
Anshu Santosh, a farm manager from India at the park, specialises in managing sustainable agriculture.
“We mainly grow lettuce, leafy greens, tomatoes, chillies and beetroot,” she said.
“We have a fully indoor growing area of vertical farms to allow us to grow crops year round, even at the height of summer.
“Strawberries and tomatoes flourish in the grow beds, with special lights used to replicate the role of sunlight so the photosynthesis process can happen. The temperature is controlled by air conditioning, all powered by solar.”
Aquaponics is a more sustainable way of farming, using fish waste to fertilise crops without using soil.
The fish release waste that drains into a swirl filter tank. The water rotates and deposits sediment. The clean water then re-circulates back to the plants.
The process allows natural bacteria to convert the ammonia from the fish waste into nitrates to add nutrients to the plants.
“We do not add anything artificial like potassium, nitrogen phosphate or other chemicals you may see with conventional soil-based farming,” said Ms Santosh, who supplies markets and online stores with the farm’s produce.
“The water is re-circulated. It is not thrown away, so the process requires much less. The fish and plants grow together.”
Cooling pads on the wall control the temperature and humidity to help the plants grow in a controlled environment during summer.
Solar panels generate energy to the aquaponic system to ensure the entire process is environmentally sound.
Produce grown in the farm uses 90 per cent less water than traditional agriculture and has a 40 per cent smaller energy footprint.
Merlin Rainmaker panels, a solar-powered desalination and purification tool, are also on the farm.
The three square-metre sheets provide clean, drinkable water without the need for expensive filters, membranes or chemicals.
The system moves pure water by gravity or pump into a feeder pipe at the top of the unit. From there it drains along a solar evaporator, where it is evenly dispersed.
Solar energy heats the water to create condensation and droplets of naturally purified, desalinated water run into a collection point.
The process eliminates all bacteria and pathogens to prevent water-borne diseases.
As the rainmaker only uses the Sun's energy and has no moving parts or electronics, it is easy to operate with minimal maintenance costs.
Meanwhile, homes made from fibre-reinforced polymer are covered in vines or Bermuda grass and resemble something from science fiction.
Inside, the domes are cool in summer and warm in winter because of the natural insulation provided by nature.
They are surrounded by a series of bio-spheres where agriculture is reaping rich rewards, without the chemicals, soil and irrigation of conventional farming.
An indoor chamber with special grow lights, powered by solar and wind, is another of the farm's agricultural attractions.
“In the summer, we find it difficult to cultivate crops in the aquaponic chamber as it is too hot and humid,” said Ms Santosh.
“That is where the indoor vertical farms come in.
"The liveable domes are used year round and remain cool even at the height of summer with minimal use of air conditioning.
“Even that is powered by the wind and solar. All these ideas could be used on a larger scale in the UAE in the future to reduce our environmental impact.”
Since 2016, the site has attracted academics and scientists to develop innovative solutions to the world’s most pressing environmental concerns.
It ties in with the UAE's pledge to slash carbon emissions by a quarter before 2030 and it rubber stamps the nation's commitment to meet the objectives of the Paris agreement on climate change.
Many of the latest projects born in the Emirates and further afield will be on show during Abu Dhabi Sustainability Week, an online conference that begins on January 19.
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.”
Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
The details
Heard It in a Past Life
Maggie Rogers
(Capital Records)
3/5
2019 Asian Cup final
Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Racecard
6.30pm: Mazrat Al Ruwayah Group Two (PA) US$55,000 (Dirt) 1,600m
7.05pm: Meydan Trophy (TB) $100,000 (Turf) 1,900m
7.40pm: Handicap (TB) $135,000 (D) 1,200m
8.15pm: Balanchine Group Two (TB) $250,000 (T) 1,800m
8.50pm: Handicap (TB) $135,000 (T) 1,000m
9.25pm: Firebreak Stakes Group Three (TB) $200,000 (D) 1,600m
10pm: Handicap (TB) $175,000 (T) 2,410m
The National selections: 6.30pm: RM Lam Tara, 7.05pm: Al Mukhtar Star, 7.40pm: Bochart, 8.15pm: Magic Lily, 8.50pm: Roulston Scar, 9.25pm: Quip, 10pm: Jalmoud
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- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
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Price, base / as tested: Dh283,080 / Dh318,465
Engine: 2.0-litre inline four-cylinder
Transmission: Eight-speed automatic
Power: 295hp @ 5,500rpm
Torque: 400Nm @ 1,500rpm
Fuel economy, combined: 7.2L / 100km