Delays in regulating drifting, the motorsport in which young drivers perform dangerous stunts in supercharged saloon cars and four-wheel drive vehicles, are putting lives at risk, motoring officials have warned.
In the past year, the federal Government and motorsport clubs have been trying to devise rules for the sport but some federal officials complain too little progress has been made.
Lack of regulation means drivers would continue to take the sport to public streets, they said.
Competitions are immensely popular among Emiratis and regularly take place in car parks, on public roads and in the desert, with little or no safety precautions.
In unsupervised events drivers rarely wear helmets even though cars crash regularly, and ambulances and firemen are often not there to treat the wounded and douse engines, which regularly overheat and explode.
"Hundreds of these guys have died in the streets and out in the desert," said Mohammed al Darmaki, the general manager of the Al Ain Sportplex, a club where drifting events are held regularly.
"If we don't do anything, these drivers will do dangerous things without any supervision or regulation. I spoke with the police about reckless driving and racing, and they told me that people are doing this out in the desert and that they're dying out there because there aren't ambulance crews or anything like that to help them."
Peter Lanz, the director of motorsport events at Emirates Motor Sports Federation, which governs motorsport in the country, said: "In my opinion, the process is moving in a half-acceptable way. If I had the choice, I'd have this under control by the end of the year."
The relevant official at the Al Ain Traffic Police and Patrols department could not be reached for comment.
The federation has created a national system of rules and regulations for motorsports such as drag racing, bike racing and autocross, and Mr Lanz said there should be more of a concerted push to do the same for drifting.
He said drifters should be licensed by the local representative of the Fédération Internationale de l'Automobile (FIA), the global governing body of motorsports, while the Emirates Motor Sports Federation should co-ordinate with emergency services and motorsport clubs for drifting events.
"The faster these guys are under the regulatory umbrella, the better it is for them," Mr Lanz said.
"It's a safety issue first, and if these events aren't properly sanctioned and if anything bad happens during one, it will reflect poorly on motorsport."
Regulation would make it easier for the federation to co-ordinate with police to penalise reckless drivers, which Mr Lanz said would be a deterrent to dangerous driving.
If competitors were caught driving dangerously on roads, for example, they could have their professional licences revoked and be banned from events.
"Officials and competitors should be registered, and that goes for any event, not just drifting," Mr Lanz said. "Our main goal here is to get all these events sanctioned and all competitors licensed."
He said part of the reason it had taken so long to draw up regulations was that drifting in the Gulf is different from that in other countries, performed mainly in four-wheel drive vehicles instead of saloon cars.
Other clubs in Abu Dhabi, Umm al Qaiwain and Ras al Khaimah have been holding their own unsanctioned competitions.
Mr Darmaki said competitions at the Sportplex are attended by ambulances, fire engines and police to ensure safety.
"By doing this it will encourage them to do it here, in the safety of the Sportplex, instead of on the roads where they might hurt themselves and other people," he said.
Mr Darmaki said the Government had not made enough of an effort to sit down with Sportplex officials to write regulations.
"What we need from the Government and the Abu Dhabi Sport Council is help with improving and formalising this thing, to get it in motion for these drivers," Mr Darmaki said.
"We need them to sit with us and get the safety regulations and rules in place. But without all these people, it will go slowly."
hnaylor@thenational.ae
England v South Africa Test series:
First Test: at Lord's, England won by 211 runs
Second Test: at Trent Bridge, South Africa won by 340 runs
Third Test: at The Oval, July 27-31
Fourth Test: at Old Trafford, August 4-8
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9.30pm Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
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.”
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
england euro squad
Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)
Defenders: John Stones (Man City), Luke Shaw (Man Utd), Harry Maguire (Man Utd), Trent Alexander-Arnold (Liverpool), Kyle Walker (Man City), Tyrone Mings (Aston Villa), Reece James (Chelsea), Conor Coady (Wolves), Ben Chilwell (Chelsea), Kieran Trippier (Atletico Madrid)
Midfielders: Mason Mount (Chelsea), Declan Rice (West Ham), Jordan Henderson (Liverpool), Jude Bellingham (Borussia Dortmund), Kalvin Phillips (Leeds)
Forwards: Harry Kane (Tottenham), Marcus Rashford (Man Utd), Raheem Sterling (Man City), Dominic Calvert-Lewin (Everton), Phil Foden (Man City), Jack Grealish (Aston Villa), Jadon Sancho (Borussia Dortmund), Bukayo Saka (Arsenal)
Match info
Arsenal 0
Manchester City 2
Sterling (14'), Bernardo Silva (64')
Juliot Vinolia’s checklist for adopting alternate-day fasting
- Don’t do it more than once in three days
- Don’t go under 700 calories on fasting days
- Ensure there is sufficient water intake, as the body can go in dehydration mode
- Ensure there is enough roughage (fibre) in the food on fasting days as well
- Do not binge on processed or fatty foods on non-fasting days
- Complement fasting with plant-based foods, fruits, vegetables, seafood. Cut out processed meats and processed carbohydrates
- Manage your sleep
- People with existing gastric or mental health issues should avoid fasting
- Do not fast for prolonged periods without supervision by a qualified expert
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
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