Two thousand extra medical workers to bring health boost for Northern Emirates


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More than 2,200 medical workers will be hired this year to address the shortage of healthcare staff in the Northern Emirates, a senior official has said. Sultan al Muezzin, who headed an FNC committee on health, labour and social affairs that made field visits to the four emirates in March, said authorities were intent on solving problems in government hospitals.

The group recently met with the finance, health and works ministries to examine possible solutions to problems, which include poor care, equipment shortages and a lack of staff. "Before, it was the Ministry of Finance that had stopped recruiting medical staff," Mr al Muezzin said. "Now it has accepted that the Ministry of Health needs more staff." The FNC committee found that chronic staff shortages brought on by low pay had resulted in substandard treatment.

Doctors, nurses, technicians and administrative staff left government health facilities in large numbers to join private hospitals, which offer more attractive salaries. The shortages were exacerbated when the Ministry of Finance stopped recruiting hospital workers as it studied the hospitals' needs. The finance ministry had agreed to lift the hiring freeze, Mr al Muezzin said, adding that the issue of pay rises was being discussed.

In Umm al Qaiwain Hospital, the only government hospital in the emirate, many staff complained to the committee about their salaries compared with their counterparts in the private sector, Mr al Muezzin said. That was the main reason doctors were leaving the hospital for private clinics. The FNC committee found that staff and salary levels at the UAQ Hospital were similar to Sheikh Khalifa Hospital in Ajman, another public institution.

Dr Abdul Younus, the Ajman hospital's general manager, said it had 94 doctors but needed 200 and had 337 nurses out of a required 594. The radiology section had 37 technicians and needed 19 more, he said. The hospital's pharmacies have had to close in the evenings because they were short 15 pharmacists. They have 23 at present. Dr Younus said he had raised all these issues with the health ministry.

His hospital is not the only one in the emirate in need of staff. Hamad Taryam, the director of Ajman Medical Zone, said a new gynaecology and paediatrics unit was nearing completion, but no doctors had been hired. Still, reports of an exodus from government hospitals may be exaggerated. Rashid Obaid al Shehhi, the director of the UAQ Hospital, said hospital records showed only five workers had resigned since the start of the year.

He said the Ministry of Health had already promised to hire more doctors, especially in the radiology department and the laboratory. ykakande@thenational.ae

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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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  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

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Started: 2018

Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker

Based: India, UAE and the UK

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