E-cigarette smokers may also face ban



ABU DHABI // If it does not contain tobacco, should it still be prohibited under the UAE's new anti-tobacco laws? That is what local proponents of so-called "electronic cigarettes" are asking as they wait for the haze to lift over the forthcoming federal anti-smoking policy.
Dr Wedad al Maidour, the head of the country's Tobacco Control Committee, said the answer should come in March, though she doubted e-cigarette users would be immune from the rules that ban people from lighting up in public. "There is nicotine in these e-cigarettes still," she said of the battery-powered devices, which resemble the real thing but deliver a hit of liquid nicotine without burning tar, carbon monoxide or other cigarette additives.
"The device is new to the market and there is not enough study that proves it is safe. We'll sit together with the different authorities and I think in two months a decision can be submitted." Dr Maidour said a recent ruling in the US allowing imports should have no bearing in the UAE, which stopped e-cigarette shipments several months ago. She said she was aware that pharmacies and local vendors were still selling the products illegally.
The provisions of the federal tobacco ban will require restaurants, hotels, cafes, malls and other public places to provide ventilated smoking areas. Deb Myrtle, from Dubai, worried that as a user of e-cigarettes she, too, would be relegated to those smoking zones and risk exposure to the very chemicals she wants to avoid. "Why would I want to be lumped together with smokers in some awful, disgusting, smelly area with people blowing tobacco at us?" said the British housewife, aged 50.
"We're not smoking. The stuff that comes out, that vapour has none of the 4,000 chemicals, 69 of which are carcinogenic and found in [real] cigarettes." Before ordering her £50 (Dh300) electronic cigarette kit from the UK last year, Mrs Myrtle smoked a packet a day for more than 30 years. She described herself now as "a social smoker", lighting up only a few times a month, and believes her health has improved. She has also reduced her use of the e-cigarette.
"I'm sleeping better, I have more energy, I don't cough as much," she said, adding that she has openly used the device in cafes and restaurants. "I had a couple of waiters come up to me, saying it's no smoking and I bang it on the table [to show there is no ash] and put the end on my hand to demonstrate it doesn't burn." Still, e-cigarettes have come under fire not just by the US Food and Drug Administration (FDA), which has cited safety concerns, but also by the World Health Organisation, which clarified in April that it did not support the product as a smoking cessation aid.
Both agencies called for more testing. Mohammed Elwan, who sells the Cigarti brand of e-cigarettes in Dubai, has seen incoming shipments held up by Dubai Customs for several months. He said he had stopped selling the products to UAE consumers after the ban started being enforced. He hopes the Government will reverse its decision, however, so he can continue supplying kits to clients in the GCC. He previously sold about 500 units every two months in the UAE, but if the new tobacco law treats his customers as regular smokers, it could kill his business. He estimated that he also exported about 10,000 units a month, mostly to western countries.
"The point is not to look at e-cigarettes as a 100 per cent solution or promote it as a medicine, but we say this is a much better alternative for you and even the environment," Mr Elwan said. Redha Salman, the director of public health and safety at Dubai Municipality, said that anyone caught selling the products within the Emirates should recognise they are breaking the law. "This is settled. It's a banned item and we don't allow this to be sold commercially," he said yesterday.
"Tobacco is one thing, and then you have the other thing, which is the emitted pollutants and the emissions from it. We don't have proof that it's harmless." A French physician practising in the capital said he smoked up to three packs of Marlboro Reds every day for more than 20 years. The 43-year-old said he had not touched tobacco after buying an e-cigarette kit in the UAE a year ago. "I began with a high level of nicotine and after two months, I went down and now the nicotine [in the cartridge] is very low," he said.
A previous effort 10 years ago to quit smoking with a nicotine patch failed, he said, because the patch could not satisfy the psychological "ritual" of holding and puffing on a cigarette. "I can say it worked for me because I don't consider myself a smoker anymore," he said. @Email:mkwong@thenational.ae

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.”

The biog

Fast facts on Neil Armstrong’s personal life:

  • Armstrong was born on August 5, 1930, in Wapakoneta, Ohio
  • He earned his private pilot’s license when he was 16 – he could fly before he could drive
  • There was tragedy in his married life: Neil and Janet Armstrong’s daughter Karen died at the age of two in 1962 after suffering a brain tumour. She was the couple’s only daughter. Their two sons, Rick and Mark, consulted on the film
  • After Armstrong departed Nasa, he bought a farm in the town of Lebanon, Ohio, in 1971 – its airstrip allowed him to tap back into his love of flying
  • In 1994, Janet divorced Neil after 38 years of marriage. Two years earlier, Neil met Carol Knight, who became his second wife in 1994 
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

FA Cup quarter-final draw

The matches will be played across the weekend of 21 and 22 March

Sheffield United v Arsenal

Newcastle v Manchester City

Norwich v Derby/Manchester United

Leicester City v Chelsea

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Results

57kg quarter-finals

Zakaria Eljamari (UAE) beat Hamed Al Matari (YEM) by points 3-0.

60kg quarter-finals

Ibrahim Bilal (UAE) beat Hyan Aljmyah (SYR) RSC round 2.

63.5kg quarter-finals

Nouredine Samir (UAE) beat Shamlan A Othman (KUW) by points 3-0.

67kg quarter-finals

Mohammed Mardi (UAE) beat Ahmad Ondash (LBN) by points 2-1.

71kg quarter-finals

Ahmad Bahman (UAE) defeated Lalthasanga Lelhchhun (IND) by points 3-0.

Amine El Moatassime (UAE) beat Seyed Kaveh Safakhaneh (IRI) by points 3-0.

81kg quarter-finals

Ilyass Habibali (UAE) beat Ahmad Hilal (PLE) by points 3-0

The%20specs
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MATCH INFO

Brescia 1 (Skrinia og, 76)

Inter Milan 2 (Martinez 33, Lukaku 63)

 

The Uefa Awards winners

Uefa Men's Player of the Year: Virgil van Dijk (Liverpool)

Uefa Women's Player of the Year: Lucy Bronze (Lyon)

Best players of the 2018/19 Uefa Champions League

Goalkeeper: Alisson (Liverpool)

Defender: Virgil van Dijk (Liverpool)

Midfielder: Frenkie de Jong (Ajax)

Forward: Lionel Messi (Barcelona)

Uefa President's Award: Eric Cantona

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

Meydan race card

6.30pm: Baniyas (PA) Group 2 Dh125,000 (Dirt) 1,400m
7.05pm: Maiden (TB) Dh165,000 (D) 1,200m​​​​​​​
7.40pm: Maiden (TB) Dh165,000 (D) 1,400m​​​​​​​
8.15pm: Handicap (TB) Dh170,000 (D) 1,900m​​​​​​​
8.50pm: Rated Conditions (TB) Dh240,000 (D) 1,600m​​​​​​​
9.25pm: Handicap (TB) Dh175,000 (D)1,200m
10pm: Handicap (TB) Dh165,000 (D) 1,400m

6 UNDERGROUND

Director: Michael Bay

Stars: Ryan Reynolds, Adria Arjona, Dave Franco

2.5 / 5 stars