DUBAI // Sharing information on threats to flights would be more effective than banning people from some countries taking electronic devices on planes, officials and safety experts at a summit said.
Ruben Morales, general manager of corporate safety at Hong Kong Airlines, said the US ban on devices for flights from 10 Middle East airports was futile.
“We are in a highly connected world now so if there is a person who wants to trigger an explosive device in an airplane flying to the UK or US, they’ll look for other ways,” Mr Morales said.
“They will look at the weakest point in the system and it could be any other airport. Sharing information will enhance security instead of targeting specific airlines or airports.”
The US ban stopped passengers from Abu Dhabi and Dubai, Riyadh and Jeddah in Saudi Arabia, Qatar, Turkey, Jordan, Morocco, Egypt and Kuwait, carrying laptops, tablet computers, game consoles in cabins.
A later ban by the UK did not include the UAE and Qatar.
Mr Morales said the US and UK should also share with aviation authorities of the regional countries any of their technology that can help to avoid threats to commercial flights.
“If there is intelligence that there is a real threat and there is technology in place in other airports like in the US or the UK, why don’t they share this information with the civil aviation authorities in the Gulf countries to put this technology in place?” said Mr Morales.
“If there is a screening technology in other airports to detect a bomb or some device that can cause an explosion, then instead of introducing a ban let’s introduce the technology to detect the threat.
“If there is solid intelligence of a security threat then the Americans and British should share the technology with other countries so they are able to detect threats as well.”
Khaled Al Arif, Dubai Civil Aviation Authority’s executive director of safety, said such a ban should have come from the International Civil Aviation Organisation, not from the US and the UK.
“Such regulations will come from the ICAO after proper research and not from individual countries based on particular airlines,” Mr Al Arif told the World Aviation Safety Summit in Dubai on Wednesday.
The organisation is a UN agency that sets global aviation safety and security standards that are usually adopted by its 191 member countries.
Mr Al Arif said that the banned countries should also have been given time before the rules were enforced.
“There should have been a time frame for countries to prepare,” he said. “A regulation adopted today and implemented at the same time, that is unfair.”
Business travellers and residents said that if the ban extended beyond October, it would affect travel to the US and UK on Arabian Gulf carriers.
“The Abu Dhabi and Dubai airports and safety systems are world class, and they have special intelligence systems,” said Murali Krishna Putta of Enoc Aviation. “But there could be a 10 per cent drop in the long run if this continues.”
Emirates has made devices available on loan to first and business class passengers. Etihad Airways has also offered its premium passengers iPads in response to the ban.
“Now it will all depend on how the airlines continue to react” said Yusuf Sadiq, safety manager with an infrastructure company. “This ban is transparent – it’s purely a political and business move.”
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Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
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Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
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What it means to be a conservationist
Who is Enric Sala?
Enric Sala is an expert on marine conservation and is currently the National Geographic Society's Explorer-in-Residence. His love of the sea started with his childhood in Spain, inspired by the example of the legendary diver Jacques Cousteau. He has been a university professor of Oceanography in the US, as well as working at the Spanish National Council for Scientific Research and is a member of the World Economic Forum’s Global Future Council on Biodiversity and the Bio-Economy. He has dedicated his life to protecting life in the oceans. Enric describes himself as a flexitarian who only eats meat occasionally.
What is biodiversity?
According to the United Nations Environment Programme, all life on earth – including in its forests and oceans – forms a “rich tapestry of interconnecting and interdependent forces”. Biodiversity on earth today is the product of four billion years of evolution and consists of many millions of distinct biological species. The term ‘biodiversity’ is relatively new, popularised since the 1980s and coinciding with an understanding of the growing threats to the natural world including habitat loss, pollution and climate change. The loss of biodiversity itself is dangerous because it contributes to clean, consistent water flows, food security, protection from floods and storms and a stable climate. The natural world can be an ally in combating global climate change but to do so it must be protected. Nations are working to achieve this, including setting targets to be reached by 2020 for the protection of the natural state of 17 per cent of the land and 10 per cent of the oceans. However, these are well short of what is needed, according to experts, with half the land needed to be in a natural state to help avert disaster.
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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.”
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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