Dubai, 4th May 2011. Kristin Thrane Hart (38 year old mother from Norway) with her 11 month old daughter Liv. Kristin started a website to help pregnant women on what to do and what to expect and other matters that is important to pregnant women and mothers. (Jeffrey E Biteng / The National)
Dubai, 4th May 2011. Kristin Thrane Hart (38 year old mother from Norway) with her 11 month old daughter Liv. Kristin started a website to help pregnant women on what to do and what to expect and other matters that is important to pregnant women and mothers. (Jeffrey E Biteng / The National)
Dubai, 4th May 2011. Kristin Thrane Hart (38 year old mother from Norway) with her 11 month old daughter Liv. Kristin started a website to help pregnant women on what to do and what to expect and other matters that is important to pregnant women and mothers. (Jeffrey E Biteng / The National)
Dubai, 4th May 2011. Kristin Thrane Hart (38 year old mother from Norway) with her 11 month old daughter Liv. Kristin started a website to help pregnant women on what to do and what to expect and othe

Baby on the way? Head off to cyberspace


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DUBAI // Two mothers are hoping to ease pregnancy woes for expatriate women across the UAE with a website that focuses on all their needs.

The website, pregnantindubai.com, was launched after a year of planning and provides information for expectant mothers through to the first few months after delivery.

"We are hoping to reach women from all cultural and economic backgrounds," said Kristin Thane Hart, 38, the community website's partner. "We want to be an information hub and a place where women can discuss and share their ideas in our forum, maybe even become friends."

Mrs Hart, from Norway, and her business partner, Anneli Idnert, from Sweden, found a gap in the market and decided to merge their skills to create the website.

"I came up with the idea when I was starting my second pregnancy," said Mrs Idnert, who is now based in Sweden but continues to work on the project. "I was trying to get information about all sorts of things ... I saw the opportunity to gather all the information so mums-to-be do not need to do so much research and are able to see what is suitable for them."

Mrs Idnert has two sons, three-year-old Matteo and 10-month-old Dante. She explained that the intention is to inspire women and give them the support they need to get through the pregnancy. From her own experience, she found that some websites did not have adequate or updated information.

"During the pregnancy, you might be tired and do not have the energy to call people so it is much easier to check things on the internet," she said.

Mrs Hart has a background in the marketing field while Mrs Idnertis an illustrator. They worked together and utilised their professional experience - as well as their young children's nap breaks - to work on the project. The women brought in a physiotherapist, midwife, dentist and doulas to provide women with worthwhile information and advice.

With two children of her own, two-year old Laila and 11-month-old Liv, Mrs Hart understands the challenges of living far from home.

"We help women think about insurance, hospitals, plan for the baby and learn about health and wellness," said Mrs Hart. "Back home in Norway, we use public health care but there are many more choices that women need to make here."

The website is not only about health and swollen feet, but is also developing a lifestyle section that will cover lighthearted subject matters like fashion for pregnant women.

"It is a new website and has only been up for four months, so we are always looking for feedback from users and contributions from experts," said Mrs Hart.

One woman who welcomes the idea of a local-based pregnancy website is 41-year-old Maria Victoria Carlos from the Philippines, who is expecting her second child.

"When I was pregnant with my first baby I would check the internet regularly," said Mrs Carlos. "It is sometimes difficult to find the services that we need because we hear so many things and it's scary because we do not know who to trust or where to go. Also, if some women still do not have health insurance, check-ups can be expensive."

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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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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