DUBAI// Hundreds of social-care professionals are believed to be operating without a licence after a deadline to register with the government passed in July.
A resolution issued last year by the Dubai Executive Council prohibited working as a social worker, therapist or special education teacher without a licence from the Community Development Authority (CDA).
The CDA estimates there are 300 people in the emirate who need a licence, but only about 45 have applied for one.
"It is no longer an issue of 'should I get licensed'," said Dr Omar Al Muthanna, chief executive of CDA's social regulatory and licensing sector. "It is now a necessity."
With the original deadline expired, officials are trying to raise awareness among professionals.
Those who come forward now can apply for a licence without penalty, Dr Al Muthanna said. The process is free.
The requirement aims to protect vulnerable residents by making sure the people they turn to for help are qualified.
"When you're in a vulnerable state - your spouse passed away, you lost your job, your home burnt - it becomes even more important that the person you seek help from is a person who has the capacity to give you that," Dr Al Muthanna said.
Established professionals in Dubai complain about unqualified people working as psychologists or therapists.
"You have some excellent professionals from around the world who have chosen to come to the UAE to work," said Dr Raymond Hamden, a clinical and forensic psychologist. "Then what happens is these quacks and charlatans give a bad name to everybody."
Dr Roghy McCarthy said that life coaches, or people who had taken short training programmes, have applied for jobs in her psychology clinic.
"I just don't understand how they can work," she said. "How much do they know the discipline and the ethics, and to work with clients?"
In other cases, a researcher might try to practice clinically "which is quite different", said Dr Mona Al Bahar, a social worker and member of the Federal National Council. "What we see now is people with no special degrees - they deal with people in need of such services - and they may give the wrong advice."
Licensing is also crucial for special-needs teachers, said Dr Eman Gaad, dean of the faculty of education at the British University in Dubai.
"We have so many people who are special-needs educators and they have no relevant qualifications," she said. "They have some experience, but the impact on students can be damaging."
Dr Al Bahar and Dr Gaad are on the five-person committee established to review applications for the CDA licence.
Applicants should have a university diploma in a specialisation related to their profession, according to the Executive Council resolution. They must also have a clean bill of conduct and at least one year of practical experience. Recent graduates can get a licence under a scheme that provides them with one year of supervision.
Experienced professionals who lack the right degree will not necessarily be discounted.
"We will always be looking for giving value to experience," Dr Al Muthanna said. "But that doesn't mean leniency. Don't confuse it with leniency or jeopardising quality."
The committee will work closely with Emiratis who started practising at a time when relevant education was not available here, he added.
"We are considerate of that," said Dr Al Muthanna. "We may ask them to go on an interview or be tested to gauge them."
Professionals who practise without a licence could face a Dh5,000 fine.
Officials are not penalising professionals yet because they understand that proving degrees and qualifications will take time, Dr Al Muthanna said.
The two-year renewable licence will ultimately benefit legitimate, educated professionals, Dr Al Muthanna said.
"People sometimes think of licensing as barriers and obstacles, but actually it's not," he said. "It's a tool to be distinguished and help you reach out further."
To apply for a licence, professionals can call the CDA on 800-2121 or visit their office in the Sheikh Hamdan Awards Complex. They will be able to apply online from next year, Dr Al Muthanna said.
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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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2 Valtteri Bottas (Mercedes)
3 Sebastian Vettel (Ferrari)
4 Kimi Raikkonen (Ferrari)
5 Daniel Ricciardo (Red Bull)
6 Max Verstappen (Red Bull)
7 Romain Grosjean (Haas)
8 Charles Leclerc (Sauber)
9 Esteban Ocon (Force India)
10 Nico Hulkenberg (Renault)
11 Carlos Sainz (Renault)
12 Marcus Ericsson (Sauber)
13 Kevin Magnussen (Haas)
14 Sergio Perez (Force India)
15 Fernando Alonso (McLaren)
16 Brendon Hartley (Toro Rosso)
17 Pierre Gasly (Toro Rosso)
18 Stoffe Vandoorne (McLaren)
19 Sergey Sirotkin (Williams)
20 Lance Stroll (Williams)
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Stage 4
1. Dylan Groenewegen (NED) Jumbo-Visma 04:16:13
2. Gaviria (COL) UAE Team Emirates
3. Pascal Ackermann (GER) Bora-Hansgrohe
4. Sam Bennett (IRL) Deceuninck-QuickStep
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Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
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3. Reuben Kipyego(KEN) 2:08:25
4. Abel Kirui(KEN) 2:08:46
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