A new survey found up to 62 per cent of people living in the UAE may be overweight. AP
A new survey found up to 62 per cent of people living in the UAE may be overweight. AP
A new survey found up to 62 per cent of people living in the UAE may be overweight. AP
A new survey found up to 62 per cent of people living in the UAE may be overweight. AP

Six in 10 people in UAE overweight, with Pakistani residents topping the scales, new study finds


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A new study has found up to 62 per cent of people living in the UAE may be overweight.

Research showed men were more likely to be overweight than women and that Pakistani residents were more overweight than other nationalities.

The survey, carried out by the Oman Insurance Company, looked at more than 3,000 customers responding to an online health-risk assessment.

Significantly, 43 per cent of those found to be overweight still "felt good about themselves", compared with 53 per cent considered to have a normal body mass index.

Dr Sapna Chandran, head of clinical governance at the insurance firm, said the findings were undoubtedly “unnerving” to health professionals.

“It was not expected that customers were OK with their weight,” she said. “They were happy with it and weren’t interested in joining the gym or in any weight-loss programme.

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“When we told them that they needed to exercise to prevent medical complications later on in life, they responded by saying 'but we don’t have any problems now'."

Obesity within the UAE is seen an increasingly common problem. Poor diet and a lack of exercise has seen rates of Type 2 diabetes soar across the country.

In 2016, diabetes was the seventh most common cause of premature death in the Emirates, rising from 11th in 2005.

And data from the World Obesity Federation suggests 15 per cent of people below the age of 20 in the UAE will be obese by 2025.

The World Health Organisation expects this to include nearly half a million school-age children.

Experts consider a person to be overweight if their BMI is between 25 and 30. Those with a BMI of 30 and above are deemed obese.

The research by the Oman Insurance Company also found different nationalities appeared to be more overweight than others.

Their study found 70 per cent of Pakistanis were overweight, compared with 66 per cent of Indians and 54 per cent of Filipinos.

Only 37 per cent of those found to be overweight said they had already taken steps to address the problem.

Dr Mohammed Al Hadad, head of bariatric and metabolic surgery at Healthpoint, an Abu Dhabi-based health-care provider, said worldwide obesity rates were increasing, but that the highest rates were in the GCC.

“The figures are very scary and require immediate action on all levels,” he said. “Obesity is a chronic disease and must be tackled during childhood.”

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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