DUBAI // An order from Sheikh Mohammed bin Rashid to exempt drivers guilty of minor traffic offences from having their vehicles impounded will allow authorities to concentrate on more reckless motorists, experts say.
On Wednesday, Sheikh Mohammed, Vice President and Ruler of Dubai, ordered authorities not to impound the cars of motorists if they did not have a history of major traffic violations.
He also ordered the release of vehicles that had completed half of the impound period.
Maj Gen Abdullah Al Marri, chief of Dubai Police, said the initiative is aimed at encouraging motorists to keep a clean driving record.
Minor offences include expired registration, licence and insurance or faulty tyres. Reckless driving, road racing, and jumping traffic lights do not fall under the exemptions.
Michael Dreznes, executive vice president of the International Road Federation, backed the new car impound rules.
“Having a car impounded is a harsh penalty and not a realistic penalty for a minor infraction by a first-time offender,” he said
“However, for unpaid fines, repeat offenders or major offences such as reckless driving impounding a car is justified and the fear of losing their cars may make motorists obey the rules.”
Vehicles are seized for speeding, reckless driving, jumping signals, not renewing registration, accumulating traffic fines, maximising black points on a driver’s licence, and abandonment.
However, not everyone believes impounding is an effective deterrent, said Kamui Mahtani, 28, a Dubai resident from Japan.
“If the police impound a wealthy motorist’s car, he can get into another,” he said.
“But exempting drivers who have committed minor offences is generally a great initiative, especially for poor people who rely on their cars to get around.”
Saif binAdhed, an Emirati motorsport enthusiast whose car was impounded twice, agreed the new rules would benefit those with minor offences and limited income.
“I view Sheikh Mohammed’s orders as a kind gesture,” Mr binAdhed said. “I expect people to appreciate it and they’ll have more respect for the traffic rules.
“But I know a friend who pays Dh30,000 in fines every year, so, from his perspective, I don’t think impounding a car is an effective deterrent when you can ‘bail’ it out.”
Community service, he said, will be a better measure against reckless driving, whether one is wealthy or of low income.
Last February, Sheikh Mohammed ordered a group of men arrested for bad driving to perform community service by cleaning the city's streets for four hours a day, for 30 days.
“Unless the community service is a tough assignment, losing a car will most likely be a better deterrent to stop the offender from making the mistake again,” Mr Dreznes said.
“It could be that the community service is a more harsh and a more effective punishment for certain individuals. In that case, a judge would be allowed to determine which penalty should be enforced.”
While the new car impound rules seek to reduce the number of Dubai-registered vehicles taken off the road, they highlights the need to change the UAE’s driving culture, Thomas Edelmann, founder of Road Safety UAE, said.
“Reckless drivers might not be hit by financial penalties as much as they are affected by performing community service as a penalty. Sheikh Mohammed’s approach is a very creative and effective way to communicate to traffic violators.”
rruiz@thenational.ae
OPTA'S PREDICTED TABLE
1. Liverpool 101 points
2. Manchester City 80
3. Leicester 67
4. Chelsea 63
5. Manchester United 61
6. Tottenham 58
7. Wolves 56
8. Arsenal 56
9. Sheffield United 55
10. Everton 50
11. Burnley 49
12. Crystal Palace 49
13. Newcastle 46
14. Southampton 44
15. West Ham 39
16. Brighton 37
17. Watford 36
18. Bournemouth 36
19. Aston Villa 32
20. Norwich City 29
Indoor cricket in a nutshell
Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
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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.”
A MINECRAFT MOVIE
Director: Jared Hess
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Rating: 3/5
Fire and Fury
By Michael Wolff,
Henry Holt
The biog
Family: He is the youngest of five brothers, of whom two are dentists.
Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
Where he works: Liberty Dental Clinic
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5