Residents urged to donate used electronics to charity



DUBAI // If you have a new mobile phone and you're about to throw away the old one, think again.

That is the message from the organisers of a new campaign to collect unwanted electronic items and distribute them to the needy.

The campaign, called Pass It On, began in Dubai yesterday and runs until January 1.

Anyone living in the Green Community can off-load old electronics as well as other unwanted household items. They can be dropped off at a collection point in the community's Market Mall.

The campaign is organised by Eros Group, a Dubai-based distributor of several big-name brands of electronic products and household appliances, and Emirates Environmental Group, which has been campaigning on the issue for years.

"These really are buds that are sprouting," said Habiba al Marashi, who founded and chairs the Dubai-based environmental organisation.

"What we see today should be the norm. I would like to see every entity bringing products into the UAE being responsible enough to look at what happens to those products at the end of their life cycle."

Electronic waste contains toxic substances such as beryllium, cadmium and lithium, pollutants that can leak into the ground and contaminate groundwater sources if the unwanted goods are dumped in a local landfill. There are no statistics on how much e-waste is generated in the UAE, or how much of it is sent to landfills, but EEG believes there is cause for concern.

"We have been saying e-waste is a huge problem for the past five years," Mrs al Marashi said.

She encouraged providers to offer more repair services for broken items as a way to minimise waste. Recycling electronic products should also become the norm, she said.

"For some people, these are wonderful raw materials," she said.

In the UAE, mobile phones appear to contribute most to e-waste. Niranjan Gidwani, the deputy chief executive of the Eros Group, said mobile phones were changed on average up to two and a half times a year.

"The UAE has around 4.8 million residents, but you have almost double the number of mobile phone subscribers," Mr Gidwani said.

Any electronics collected in the coming days will be handled by Take My Junk UAE, a charity that collects unwanted items and distributes them to the needy free of charge. Faisal Khan, the organisation's founder, said he hopes to collect and re-distribute as many as three truckloads of old computers, televisions and other unwanted items.

"Our main objective is nothing should end up on the kerb," he said.

"Dubai is a very busy city, it is a very on-the-road life. People do not have the time to gather their unwanted things and wait for buyers," he said. "They just put their stuff outside until the garbage truck takes it."

While some have plenty, he said, others lack the means to buy even simple products.

"If you are making Dh1,000 per month, you cannot really afford to buy anything of quality and use it," he said. "We find labourers who do not have the money to buy a pair of jeans."

Unwanted items that cannot be reused will be handed over to the Green Foundation, a company that exports electronic items to the UK.

In the UAE, Dubai-based EnviroServe can recycle the full range of electronic items, but because of the high transport and logistics costs of serving households the company deals mainly with private companies, focusing on office equipment.

Pass It On runs at the Market Mall in the Green Community until January 1. For larger items, people can call Take My Junk UAE on 050 179 4045.

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  • 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
  • NBA-spec basketball court with auditorium
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  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
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Fourth-round clashes for British players

- Andy Murray (1) v Benoit Paire, Centre Court (not before 4pm)

- Johanna Konta (6) v Caroline Garcia (21), Court 1 (4pm)

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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
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Sector: Water technology 
 
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The full list of 2020 Brit Award nominees (winners in bold):

British group

Coldplay

Foals

Bring me the Horizon

D-Block Europe

Bastille

British Female

Mabel

Freya Ridings

FKA Twigs

Charli xcx

Mahalia​

British male

Harry Styles

Lewis Capaldi

Dave

Michael Kiwanuka

Stormzy​

Best new artist

Aitch

Lewis Capaldi

Dave

Mabel

Sam Fender

Best song

Ed Sheeran and Justin Bieber - I Don’t Care

Mabel - Don’t Call Me Up

Calvin Harrison and Rag’n’Bone Man - Giant

Dave - Location

Mark Ronson feat. Miley Cyrus - Nothing Breaks Like A Heart

AJ Tracey - Ladbroke Grove

Lewis Capaldi - Someone you Loved

Tom Walker - Just You and I

Sam Smith and Normani - Dancing with a Stranger

Stormzy - Vossi Bop

International female

Ariana Grande

Billie Eilish

Camila Cabello

Lana Del Rey

Lizzo

International male

Bruce Springsteen

Burna Boy

Tyler, The Creator

Dermot Kennedy

Post Malone

Best album

Stormzy - Heavy is the Head

Michael Kiwanuka - Kiwanuka

Lewis Capaldi - Divinely Uninspired to a Hellish Extent

Dave - Psychodrama

Harry Styles - Fine Line

Rising star

Celeste

Joy Crookes

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

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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.”