A campaign to end gender-based violence has been launched by the Dubai Foundation for Women and Children.
The sixth Violence Against Women campaign will begin on Wednesday to coincide with the International Day of Violence Against Women, also known as Orange Day, and will run until December 10.
This year, there will be a focus on women’s mental health and well-being during the Covid-19 pandemic.
We live in a country that values the status of women and recognises the importance of their role in building society
Experts will also shed light on how a poor work-life balance could create additional stress, resulting in emotional, mental or other types of abuse of women by people around them.
To raise awareness, the foundation will light up its buildings in orange for the first week of the campaign, hold a series of online lectures, share awareness tips and release podcasts on their social media accounts with the hashtag #NewNormal.
Last year, landmarks across the Emirates such as Burj Khalifa, the General Women's Union and Adnoc in Abu Dhabi were lit up orange in a show of solidarity.
“We live in a country that values the status of women and recognises the importance of their role in building society, and our wise leadership has placed women in the highest leadership positions in the country,” said Sheikha Al Mansouri, acting director general of the foundation.
“In this context, we launched the sixth campaign to highlight the importance of women's issues, how to deal with them and educate the public on how to support women in their lives.
"We are proud of the great support we receive from our beloved country and our leaders, and we also invite all members of the community to contribute to support this campaign by participating in these events and spreading awareness to as many members of the community as possible."
In a recent legal overhaul of personal and family law in the UAE, a number of amendments seeking to protect the rights of women were made.
‘Honour crimes’, where a male relative can get a lighter sentence for assaulting a female relative under the excuse of ‘protecting honour’, will be treated as any other assault.
There will be tougher punishments for men who subject women to harassment of any kind.
The punishment for the rape of a minor or someone with limited mental capacity will be execution.
In 2018, 1,027 cases of abuse were reported across the Emirates by the foundation.
In 72 per cent of cases, husbands were reported as being the abusers. Every single case involved verbal abuse and 7 per cent of the cases also reported sexual abuse.
Financial abuse was also cited in 58 per cent of the domestic violence cases.
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Messi (27’, 32’, 87’)
Leganes 1
El Zhar (68’)
The Vines - In Miracle Land
Two stars
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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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.”
ODI FIXTURE SCHEDULE
First ODI, October 22
Wankhede Stadium, Mumbai
Second ODI, October 25
Maharashtra Cricket Association Stadium, Pune
Third ODI, October 29
Venue TBC
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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