Police summer camps halt rise in youth crime



AJMAN // Police say they are managing to keep a lid on juvenile crime after figures showed the number of cases holding steady, compared with last year. Col Sultan Abdullah al Nuaimi, the deputy director of Ajman Police, said 245 cases of juvenile crime had been registered up to the end of July, one more than in the first seven months of 2008. "In comparison to other crime categories, you find that there is a slow growth because the police have stepped up efforts to help young people not to resort to crime, like summer camps and other awareness programmes," he said at a graduation ceremony for 120 police students at the Ajman Youth Centre.

Police recorded 99 cases relating to crimes against the person, such as assaults and bullying, said Col al Nuaimi. There were 90 financial crimes involving juveniles, aged 14 to 17, and 15 alcohol-related crimes. Most juveniles who resorted to theft did so to "raise their image status", for instance by stealing motorcycles, said Col al Nuaimi. So far this year, up to 10 juvenile offenders had gone through rehabilitation and professional training programmes in the fields of administration, computer skills and entrepreneurship.

"What is important in rehabilitation is that the full support of the family of the youth needs to be engaged," said Col al Nuaimi. "The father and mother should look to see their children reforming and prevent them from getting back to bad behaviour as they are more close to them." Col Mattar al Shamsi, the head of planning and development at Ajman Police, said "change was evident" in most youths who had gone through rehabilitation programmes. "You could see a complete change in the personality of someone who used to regard violence and crime as a solution to the daily problems radically changed to a modest, honesty and trustworthy person," he said, adding that police summer camps were open to all residents.

"The children who stay idle at home are more prone to crime and learning bad behaviour. "That is why we always encourage parents to bring their children to spend their time with us learning something." ykakande@thenational.ae

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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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Rating: 4/5
UAE v Ireland

1st ODI, UAE win by 6 wickets

2nd ODI, January 12

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4th ODI, January 16

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.”

The Word for Woman is Wilderness
Abi Andrews, Serpent’s Tail

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

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