Pets should be linked to their owners’ passports or Emirates ID



DUBAI // Rescue workers say pets should be linked to their owners’ passports or Emirates ID, so authorities can check if an animal belongs to a resident when they leave the country.

Those who attempt to abandon their animals should then feel the full force of the law, they said.

“There is a ministry procedure for importing your pets,” said Debbie Lawson of the Middle East Animal Foundation. “You fill in enough paperwork to bring an animal here but what about when you come to leave?

“Have I closed my bank account? Have I paid my Etisalat? Have I paid my Dewa bill? All the normal exit procedures – but what about where is your pet?”

The law in Dubai requires that pets are registered and given a numbered municipality tag, renewed annually.

Ms Lawson said this tag could be easily be linked to the animal owner’s Emirates ID.

Lesley Muncey, of Feline Friends, said a better framework for linking pets to their owners would make people think twice before abandoning an animal when they leave the UAE.

“There should be some recourse for people taking on pets – a link to their ID or passport so it could be monitored more,” she said.

Ms Lawson said that Government and airlines need to make relocating pets cheaper.

Costly export permits, veterinary requirements and airfare are often excuses for abandoning a pet.

“Some airlines flying to Europe charge by the kilo of the weight of the animal and crate combined,” said Ms Lawson. “A medium-sized dog would cost about Dh5,000.”

The UAE Federal Law 16 of 2007 was put in place to protect animals from abuse and negligence. Ms Lawson said the law is comprehensive but “dormant”.

“Not because people don’t complain – but because it is not implemented,” she said.

Ms Muncey would like to see the law being enforced according to international standards, like the RSPCA does in England.

newsdesk@thenational.ae

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The bio:

Favourite film:

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Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

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Favourite pastime:

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Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

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Rating: 1/5

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Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

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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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Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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