Abu Dhabi, February 17, 2018: Four dugongs, 3 males and 1 female, have been found washed ashore on Abu Dhabi’s Saadiyat Public Beach in recent weeks, in what may be the biggest single die-off of one of Abu Dhabi’s most vulnerable species. In addition, another dead dugong, an expecting mother with a fully-developed calf was discovered last week. Abu Dhabi Environment Agency
One of the dugongs that washed up on Saadiyat public beach. Abu Dhabi is home to the world’s second largest population of dugongs, with about 3,000 found mostly in the waters around Bu Tinah Island. AShow more

Five dugongs wash up on Saadiyat beach in 'harsh blow' for the species



Five dugongs, including a pregnant mother with a fully-developed calf, have washed up on Saadiyat beach over the past few weeks in what may be the single biggest fatality of one of Abu Dhabi’s most vulnerable species, according to the Environment Agency Abu Dhabi.

The dugongs probably died by drowning after getting tangled in a illegal drift fishing net known as hiyali, according to the EAD, which has dispatched a team of experts to investigate the deaths and intensify monitoring in critical areas.

“This discovery is a harsh blow to one of Abu Dhabi’s most vulnerable species and it may be the biggest single die-off of dugongs recorded in a decade,” said Dr Shaikha Al Dhaheri, executive director of the terrestrial and marine biodiversity at EAD. “It once again affirms the vulnerability of these iconic species to human threats and the pressing need for fishermen to end irresponsible fishing practices.”

Abu Dhabi is home to the world’s second-largest population of dugongs, with about 3,000 found mostly in the waters around Bu Tinah Island, part of the Marawah Marine Biosphere Reserve. Dugongs, their foraging habitats and their migratory routes in the UAE have been protected under Federal Law No 23 and No 24 since 1999. The UAE is also a signatory to the UN Convention on the Conservation of Migratory Species making it an international commitment to protect dugongs.

“EAD’s research has demonstrated that the majority of commercial and recreational fishermen are fully aware of the laws prohibiting the use of illegal nets and the protected status of dugongs in the UAE,” said Dr Al Dhaheri. “However, in spite of the regulations in place and the awareness being raised, many fishermen continue to use hiyali nets, because it is a particularly lucrative method of fishing.”

Commercial and recreational fishermen caught using illegal and banned fishing gear and methods face fines of up to Dh50,000 and/or an imprisonment term of not less than three months, while second-time offenders can receive fines of up to Dh100,000 and/or an imprisonment term of not less than one year.

“We will continue to prioritise the protection of dugong habitats and we will carry on ensuring that Abu Dhabi’s waters are managed in a way that protects all marine species, in partnership with the Critical Infrastructure and Coastal Protection Authority,” said Dr Al Dhaheri. “However, as the late Sheikh Zayed bin Sultan Al Nahyan, Founder of the UAE, stressed, environmental protection is not a matter only for government officials. It is an issue that should concern us all. And so, we call on all fishermen to fish in a responsible way.

“In order to minimise mortality of dugongs during the winter season, we have already intensified our monitoring of critical areas within and outside marine protected areas and we have continued to meet regularly with fishermen calling on them not to use the illegal hiyali net, not to leave fishing nets unattended and to report the locations of any abandoned fishing nets to EAD.”

The EAD has investigated 153 dugong deaths since 1999, when it began monitoring the local population. The most common cause of death was suffocation from entanglement in illegal or abandoned fishing nets. Other causes of death  included habitat loss, marine pollution and collisions with speeding boats. Most of the deaths were reported during the winter season, which coincides with an increase in the level of fishing activity.

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Read more: 

Abu Dhabi is taking vital steps to secure our maritime resources

Dugong saved from fishing nets off coast of Abu Dhabi

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Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

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COMPANY PROFILE

Name: Xpanceo

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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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