People join in celebration and show off their decorated cars during the Spirit of Union Parade at Yas Island in 2011. Silvia Razgova/The National
People join in celebration and show off their decorated cars during the Spirit of Union Parade at Yas Island in 2011. Silvia Razgova/The National

No excuses for National Day, UAE car decorators warned



ABU DHABI // Radical transformations of vehicles for National Day will carry fines of Dh2,000 and 12 black points on your driving licence.

The rules are the same for all the emirates and Maj Marwan Al Mansoori, of Ras Al Khaimah police, said: “We are on standby; our vehicles will be on the street for 24 hours a day. There are no excuses for National Day, rules are rules.”

The Ministry of Interior has issued guidelines for car decorations.

It is forbidden to change a vehicle’s colour, add noisy accessories, obscure licence plates and cover the windscreen or driver’s side window.

Drivers cannot carry more than the permitted number of people. Passengers cannot stick any body part out of the vehicle’s windows or sunroof.

Drivers are not permitted to stop on the road, at bus stops or taxi stands, or to stop in the middle of the road “to spray paint on others”.

Police across the country have pledged to uphold the laws and as well as impounding offending vehicles they will issue a Dh2,000 fine and 12 black points.

“We hope that everyone will respect each other, that nobody will do anything wrong against other people,” said Maj Marwan.

“Everyone is happy in the country on National Day and it’s our job to make sure that everyone is safe.”

Laws were well enforced last year in the capital, but the same was not true in RAK, where parades on the Corniche  lasted three days. Motorists obscured licence plates and windscreens with flags, Teddy bears, ribbons and decals of the Rulers in national colours. Little enforcement was observed.

RAK police did not reveal how many cars were fined or confiscated last year, though Dubai police said they issued 1,300 fines and impounded 99 cars.

Strong regulations have now been introduced to control festivities as the scale of National Day celebrations has grown over the past five years. Three figure fines are not enough to stop people who will spend thousands on their vehicles.

Mohammed Saeed, from the north-coast town of Al Jeer in RAK, suspects that his brother Badr has already started planning for next week.

Badr’s nickname is “Safeer Julfar” – the ambassador of Julfar – an old name for medieval RAK.

Part of his reputation as ambassador lies with his skills at festooning his vehicle on national holidays with an unparalleled creativity that showcases his love for the country.

Badr spent Dh4,000 on vehicle decorations last year.

“He put something special,” said Mr Saeed, 32. “Full decoration. Maybe this year he will do more.”

Badr always does his best to follow National Day regulations but the high penalties introduced last year did not dissuade the dedicated, including many off-duty police officers.

Thayeb Abdullah, a police officer, said last year that his Dh200 fine was “nothing” compared with the Dh2,000 he spent on his car.

“If he says to me, ‘Pay Dh1,000’ I pay but I will not take it off because that’s my day, that’s my country, you know. I don’t care,” he said on National Day last year.

Cars covered with flags can already be seen on roads, even though police have warned motorists not to decorate their cars too soon. Decorations are only permitted from November 30 until December 3.

Parade dates and times will be announced later.

Parade-goers across the country last year were subject to young men running between vehicles and spraying drivers and children with foam and silly string. There were reports of young men spraying people in the eyes and into car windows. Police said this will not be tolerated.

"In my opinion, it's not OK," said Mr Saeed. "It's not a way to celebrate. Celebrate with the flag. Celebrate with the open window so children can say 'Hi'."

azacharias@thenational.ae

Results

5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m; Winner: Mcmanaman, Sam Hitchcock (jockey), Doug Watson (trainer)

6.05pm: Handicap (TB) Dh87,500 (T) 1,400m; Winner: Bawaasil, Sam Hitchcott, Doug Watson

6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m; Winner: Bochart, Fabrice Veron, Satish Seemar

7.15pm: Handicap (TB) Dh105,000 (T) 1,200m; Winner: Mutaraffa, Antonio Fresu, Musabah Al Muhairi

7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m; Winner: Rare Ninja, Royston Ffrench, Salem bin Ghadayer

8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m; Winner: Alfareeq, Antonio Fresu, Musabah Al Muhairi

9pm: Handicap (TB) Dh105,000 (T) 2,410m; Winner: Good Tidings, Antonio Fresu, Musabah Al Muhairi

9.35pm: Handicap (TB) Dh92,500 (T) 2,000m; Winner: Zorion, Abdul Aziz Al Balushi, Helal Al Alawi

 

CHINESE GRAND PRIX STARTING GRID

1st row
Sebastian Vettel (Ferrari)
Kimi Raikkonen (Ferrari)

2nd row
Valtteri Bottas (Mercedes-GP)
Lewis Hamilton (Mercedes-GP)

3rd row
Max Verstappen (Red Bull Racing)
Daniel Ricciardo (Red Bull Racing)

4th row
Nico Hulkenberg (Renault)
Sergio Perez (Force India)

5th row
Carlos Sainz Jr (Renault)
Romain Grosjean (Haas)

6th row
Kevin Magnussen (Haas)
Esteban Ocon (Force India)

7th row
Fernando Alonso (McLaren)
Stoffel Vandoorne (McLaren)

8th row
Brendon Hartley (Toro Rosso)
Sergey Sirotkin (Williams)

9th row
Pierre Gasly (Toro Rosso)
Lance Stroll (Williams)

10th row
Charles Leclerc (Sauber)
arcus Ericsson (Sauber)

RESULTS

1.45pm: Maiden Dh75,000 1,200m
Winner: Lady Parma, Richard Mullen (jockey), Satish Seemar (trainer).
2.15pm: Maiden Dh75,000 1,200m
Winner: Tabernas, Connor Beasley, Ahmed bin Harmash.
2.45pm: Handicap Dh95,000 1,200m
Winner: Night Castle, Connor Beasley, Satish Seemar.
3.15pm: Handicap Dh120,000 1,400m
Winner: Mystique Moon, Sam Hitchcott, Doug Watson.
3.45pm: Handicap Dh80,000 1,400m
Winner: Mutawakked, Szczepan Mazur, Musabah Al Muhairi.
4.15pm: Handicap Dh90,000 1,800m
Winner: Tafaakhor, Sandro Paiva, Ali Rashid Al Raihe.
4.45pm: Handicap Dh80,000 1,950m
Winner: Cranesbill, Fabrice Veron, Erwan Charpy.

COMPANY PROFILE

Company name: Co Chocolat

Started: 2017

Founders: Iman and Luchie Suguitan

Based: Dubai, UAE

Industry: Food

Funding: $1 million-plus

Investors: Fahad bin Juma, self-funding, family and friends

MATCH INFO

Watford 1 (Deulofeu 80' p)

Chelsea 2 (Abraham 5', Pulisic 55')

The specs

Price, base / as tested Dh960,000
Engine 3.9L twin-turbo V8
Transmission Seven-speed dual-clutch automatic
Power 661hp @8,000rpm
Torque 760Nm @ 3,000rpm
Fuel economy, combined 11.4L / 100k

EXPATS

Director: Lulu Wang

Stars: Nicole Kidman, Sarayu Blue, Ji-young Yoo, Brian Tee, Jack Huston

Rating: 4/5

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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T20 World Cup Qualifier, Muscat

UAE FIXTURES

Friday February 18: v Ireland

Saturday February 19: v Germany

Monday February 21: v Philippines

Tuesday February 22: semi-finals

Thursday February 24: final 


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