A saw-scaled viper echis carinatus in a defensive position.
A saw-scaled viper echis carinatus in a defensive position.
A saw-scaled viper echis carinatus in a defensive position.
A saw-scaled viper echis carinatus in a defensive position.

Sailor bitten by rare snake


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RAS AL KHAIMAH // Reg Furlong learned an important lesson on Saturday night about snakes: stay away, especially if you don't know anything about them. He also learned that if you are bitten by a poisonous snake, quick treatment is not a sure thing. A saw-scaled viper bit Mr Furlong, 61, at the Ras al Khaimah Sailing Club, where he is commodore. He is being treated at Saif Hospital for kidney problems attributed to the venomous bite on his finger, but his wife said he was turned away from two hospitals because they could not treat snake bites.

Mr Furlong's wife, Jo, told the story: "It was about 6pm on Saturday and we were just preparing to go home from the sailing club. Someone said, 'There's a snake in the storeroom'. So they all go in to have a look at it. It's a tiny little thing, 25cm wrapped around. I said, 'I think it's poisonous'. Reg said, 'Don't be silly. They don't have poisonous snakes here'. "So we said, 'Let's just put it in a bucket and put it outside'. Reg came out a minute later and said he was bitten.

"We drove to RAK Hospital and they said, 'We don't do snake bites'. Saqr Hospital says, 'We don't do snake bites, Saif does'." The family considered transferring him to Dubai, but were told that the American Hospital also could not treat snake bites and that Rashid Hospital, known forits snake treatment units, does not have a dialysis machine. A doctor at Saqr Hospital said yesterday that snake bites can be treated there, but that Saif Hospital is a better bet.

Mrs Furlong brought the snake with her to the hospital, trapped in a covered bucket, so it could be identified. A spokesman for Civil Defence said officers killed it with a fire extinguisher. There are two types of saw-scaled vipers in the UAE: echis carinatus, found around gravel planes and common throughout the UAE, and echis omanensis, which prefer mountains and wadis. "The saw-scaled viper is the most dangerous snake in Arabia," said Drew Gardner, a biology professor at Zayed University and an authority on snakes.

"They have a fairly powerful haemotoxic venom. It destroys the coagulation of the blood and untreated it can lead to kidney failure and death. They are not particularly aggressive and rub their scales together as a warning, which makes a loud hissing." Mr Gardner stressed that snakes should not be approached or provoked, even if they appear to be dead. People also ought not kill them: "Snakes have a role in the environment and they are part of nature here. They should not just kill snakes because they are there."

Mrs Furlong said her husband's condition will remain uncertain for at least a week. He will require three or four dialysis treatments, she said. She expressed concern about people's inability to identify the snake or know that it was dangerous. "We wouldn't have gone anywhere near this snake if we'd had any idea," she said. @Email:azacharias@thenational.ae

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
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  • A targeted global asset freeze and travel ban on Iranian individuals and entities
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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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7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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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

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About Okadoc

Date started: Okadoc, 2018

Founder/CEO: Fodhil Benturquia

Based: Dubai, UAE

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Size: (employees/revenue) 40 staff; undisclosed revenues recording “double-digit” monthly growth

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