• Ramadan decorations go up in Sustainable City, Dubai. Chris Whiteoak / The National
    Ramadan decorations go up in Sustainable City, Dubai. Chris Whiteoak / The National
  • Morning prayers on the first day of Ramadan in the UAE at the Al Salam Masjid in Al Barsha, Dubai. Antonie Robertson / The National
    Morning prayers on the first day of Ramadan in the UAE at the Al Salam Masjid in Al Barsha, Dubai. Antonie Robertson / The National
  • Worshippers pray at the Al Salam Masjid in Al Barsha, Dubai, on the first day of Ramadan. Antonie Robertson / The National
    Worshippers pray at the Al Salam Masjid in Al Barsha, Dubai, on the first day of Ramadan. Antonie Robertson / The National
  • Morning prayers take place on the first day of Ramadan at the Al Salam Masjid in Al Barsha, Dubai, UAE. Antonie Robertson / The National
    Morning prayers take place on the first day of Ramadan at the Al Salam Masjid in Al Barsha, Dubai, UAE. Antonie Robertson / The National
  • The sun sets over a mosque on the last evening before Ramadan in Dubai. Chris Whiteoak / The National
    The sun sets over a mosque on the last evening before Ramadan in Dubai. Chris Whiteoak / The National
  • A gentleman puts up Ramadan lights in Sustainable City, Dubai. Chris Whiteoak / The National
    A gentleman puts up Ramadan lights in Sustainable City, Dubai. Chris Whiteoak / The National
  • Ramadan decorations at Mall of the Emirates in Dubai. Pawan Singh / The National
    Ramadan decorations at Mall of the Emirates in Dubai. Pawan Singh / The National
  • Burj Khalifa, the world's tallest tower, is silhouetted in the background of a mosque's minaret in Dubai in the United Arab Emirates, ahead of Ramadan. AFP
    Burj Khalifa, the world's tallest tower, is silhouetted in the background of a mosque's minaret in Dubai in the United Arab Emirates, ahead of Ramadan. AFP
  • Ramadan decorations at Mall of the Emirates in Dubai. Pawan Singh / The National
    Ramadan decorations at Mall of the Emirates in Dubai. Pawan Singh / The National
  • People shopping for Ramadan at Mall of the Emirates in Dubai. Pawan Singh / The National
    People shopping for Ramadan at Mall of the Emirates in Dubai. Pawan Singh / The National
  • Emirati youths walk past a large lit decoration in the shape of a crescent moon bearing calligraphic text in Arabic reading "Ramadan Mubarak", at the City Walk district of Dubai at the start of the first night of the Muslim holy fasting month of Ramadan. AFP
    Emirati youths walk past a large lit decoration in the shape of a crescent moon bearing calligraphic text in Arabic reading "Ramadan Mubarak", at the City Walk district of Dubai at the start of the first night of the Muslim holy fasting month of Ramadan. AFP
  • A view of a decoration showing a crescent moon inlaid inside a five-pointed star bearing calligraphic text in Arabic reading "Ramadan Mubarak", placed along a fence in the City Walk district of Dubai, with the Burj Khalikfa skyscraper in the background. AFP
    A view of a decoration showing a crescent moon inlaid inside a five-pointed star bearing calligraphic text in Arabic reading "Ramadan Mubarak", placed along a fence in the City Walk district of Dubai, with the Burj Khalikfa skyscraper in the background. AFP
  • A vendor sets up a display at a spice shop at a market in Dubai in the UAE for Ramadan. AFP
    A vendor sets up a display at a spice shop at a market in Dubai in the UAE for Ramadan. AFP
  • A vendor sets up a display at a spice shop at a market in Dubai in the UAE for Ramadan. AFP
    A vendor sets up a display at a spice shop at a market in Dubai in the UAE for Ramadan. AFP
  • People shop at a supermarket in Dubai in the UAE shop to prepare for Ramadan. AFP
    People shop at a supermarket in Dubai in the UAE shop to prepare for Ramadan. AFP
  • A view of decorations shaped as animals put in place in the Seef district of Dubai for Ramadan. AFP
    A view of decorations shaped as animals put in place in the Seef district of Dubai for Ramadan. AFP
  • Ramadan decorations outside a house in Dubai. April 13, 2021. Chris Whiteoak / The National
    Ramadan decorations outside a house in Dubai. April 13, 2021. Chris Whiteoak / The National
  • A cannon is fired at Sheikh Zayed Grand Mosque, Abu Dhabi, to mark the beginning of iftar in 2021. Victor Besa / The National
    A cannon is fired at Sheikh Zayed Grand Mosque, Abu Dhabi, to mark the beginning of iftar in 2021. Victor Besa / The National
  • A cannon is loaded in preparation of firing to notify the end of the fast near the Burj Khalifa in Dubai on the first day of Ramadan, April 13, 2021. Chris Whiteoak / The National
    A cannon is loaded in preparation of firing to notify the end of the fast near the Burj Khalifa in Dubai on the first day of Ramadan, April 13, 2021. Chris Whiteoak / The National
  • A man prepares a cannon to fire near the Burj Khalifa in Dubai on the first day of Ramadan to break the fast. Tuesday, April 13, 2021. Chris Whiteoak / The National
    A man prepares a cannon to fire near the Burj Khalifa in Dubai on the first day of Ramadan to break the fast. Tuesday, April 13, 2021. Chris Whiteoak / The National
  • A cannon fires near the Burj Khalifa in Dubai on the first day of Ramadan to break the fast. Tuesday, April 13, 2021. Chris Whiteoak / The National
    A cannon fires near the Burj Khalifa in Dubai on the first day of Ramadan to break the fast. Tuesday, April 13, 2021. Chris Whiteoak / The National
  • Evening prayer at the end of the first day of fasting of the holy month of Ramadan in the UAE at the Al Farooq Omar Bin Al Khattab Mosque. Antonie Robertson / The National
    Evening prayer at the end of the first day of fasting of the holy month of Ramadan in the UAE at the Al Farooq Omar Bin Al Khattab Mosque. Antonie Robertson / The National

13 tips to help drivers stay safe on the roads during Ramadan


  • English
  • Arabic

A road safety expert urged motorists to take extra care behind the wheel during Ramadan.

Thomas Edelmann, the founder of Road Safety UAE, issued a 13-step guide to steering clear of accidents during the holy month.

Using data compiled from more than 6,000 insurance claims during previous Ramadans, the campaign group found the peak time for accidents is between 2pm and 5pm, in the run-up to iftar, as drivers rush home to break their fast, and in the busy morning period between 8am and 10am.

"Just before sunset is a particularly problematic time, in part because people are at their most hungry, and also because motorists are rushing towards their iftar appointments," said Mr Edelmann.

A combination of fasting and high temperatures can result in dehydration and low blood sugar which has an adverse effect on concentration, vision and reaction, according to Mr Edelmann.

A rise in injuries and fatalities resulting from road accidents is traditionally reported during Ramadan.

Police warn the public to extra vigilant during the period, by ensuring they take their time and do not tailgate.

Motorists aged over 40 and male motorists are the most likely to be involved in a crash, the Road Safety UAE study concluded.

So how can you avoid getting involved in an accident this Ramadan? Here are 10 salient pieces of advice from the team at Road Safety UAE.

13 road safety tips for Ramadan

  1. Be aware of your own potential limitations
  2. Watch out for other traffic participants potentially suffering from hunger or fatigue
  3. Expect the unexpected – we must all drive defensively
  4. Plan for possible delays and add a time buffer
  5. Always wear your seat belt
  6. If you are male and over 40, be extra careful
  7. Approach signals carefully at iftar time even when the light is green, and do not jump red lights
  8. Keep a sufficient distance between their vehicle and do not tailgate
  9. Plan your schedules properly and leave early to avoid the need for rushing or speeding
  10. Around sunset prior to iftar, be very cautious or stay off the roads at sundown if you can avoid it
  11. Use your lights during dusk, before iftar
  12. Avoid fatigue and get enough sleep, and pull over immediately if you becoming drowsy
  13. If you are a 'weaker' user of the roads (pedestrian, cyclist or motorcyclist), watch out for potentially irrational behaviour of other traffic participants

In pictures: Ramadan 2021 around the Gulf

  • A member of the Moon-sighting committee looks through a telescope near Riyadh, Saudi Arabia, to look for the new crescent moon that will mark the beginning Ramadan the following day. Reuters
    A member of the Moon-sighting committee looks through a telescope near Riyadh, Saudi Arabia, to look for the new crescent moon that will mark the beginning Ramadan the following day. Reuters
  • A member of the Moon-sighting committee looks through binoculars, near Riyadh, Saudi Arabia. Reuters
    A member of the Moon-sighting committee looks through binoculars, near Riyadh, Saudi Arabia. Reuters
  • Muslims pray during the first dawn prayers of Ramadan, around the Kaaba, the sacred cube-shaped building at the centre of the Grand Mosque in Makkah, Saudi Arabia. AP Photo
    Muslims pray during the first dawn prayers of Ramadan, around the Kaaba, the sacred cube-shaped building at the centre of the Grand Mosque in Makkah, Saudi Arabia. AP Photo
  • Workers disinfect the ground as Muslim pilgrims walk round the Kaaba, during the Umrah pilgrimage, in Makkah, Saudi Arabia. AP Photo
    Workers disinfect the ground as Muslim pilgrims walk round the Kaaba, during the Umrah pilgrimage, in Makkah, Saudi Arabia. AP Photo
  • A vendor puts up stars and crescent moon decorations in his shop at a market in Kuwait City, Kuwait, the day before the start of Ramadan. AFP
    A vendor puts up stars and crescent moon decorations in his shop at a market in Kuwait City, Kuwait, the day before the start of Ramadan. AFP
  • A vendor decorates his shop with lanterns, at a market in Kuwait City, the day before the start of the holy month. AFP
    A vendor decorates his shop with lanterns, at a market in Kuwait City, the day before the start of the holy month. AFP
  • Decorations in the shape of a crescent moon inlaid within a five-pointed star bearing Arabic text reading Ramadan Mubarak – Blessed Ramadan – at the City Walk district of Dubai, with the Burj Khalifa in the background. AFP
    Decorations in the shape of a crescent moon inlaid within a five-pointed star bearing Arabic text reading Ramadan Mubarak – Blessed Ramadan – at the City Walk district of Dubai, with the Burj Khalifa in the background. AFP
  • A customer inspects the produce at a spice shop in Dubai, ahead of the holy month. AFP
    A customer inspects the produce at a spice shop in Dubai, ahead of the holy month. AFP
  • Ramadan lights illuminate the Corniche in Abu Dhabi. Victor Besa / The National
    Ramadan lights illuminate the Corniche in Abu Dhabi. Victor Besa / The National
  • A vendor sells fresh produce at Al Mawaleh market in Oman's capital Muscat, ahead of Ramadan. AFP
    A vendor sells fresh produce at Al Mawaleh market in Oman's capital Muscat, ahead of Ramadan. AFP

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.”

Shipping%20and%20banking%20
%3Cp%3EThe%20sixth%20sanctions%20package%20will%20also%20see%20European%20insurers%20banned%20from%20covering%20Russian%20shipping%2C%20more%20individuals%20added%20to%20the%20EU's%20sanctions%20list%20and%20Russia's%20Sberbank%20cut%20off%20from%20international%20payments%20system%20Swift.%3C%2Fp%3E%0A
Results

5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m; Winner: Mcmanaman, Sam Hitchcock (jockey), Doug Watson (trainer)

6.05pm: Handicap (TB) Dh87,500 (T) 1,400m; Winner: Bawaasil, Sam Hitchcott, Doug Watson

6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m; Winner: Bochart, Fabrice Veron, Satish Seemar

7.15pm: Handicap (TB) Dh105,000 (T) 1,200m; Winner: Mutaraffa, Antonio Fresu, Musabah Al Muhairi

7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m; Winner: Rare Ninja, Royston Ffrench, Salem bin Ghadayer

8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m; Winner: Alfareeq, Antonio Fresu, Musabah Al Muhairi

9pm: Handicap (TB) Dh105,000 (T) 2,410m; Winner: Good Tidings, Antonio Fresu, Musabah Al Muhairi

9.35pm: Handicap (TB) Dh92,500 (T) 2,000m; Winner: Zorion, Abdul Aziz Al Balushi, Helal Al Alawi

 

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%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups.