Motorists caught breaking the speed limit by 80kph paid more than Dh12 million. Pawan Singh / The National
Motorists caught breaking the speed limit by 80kph paid more than Dh12 million. Pawan Singh / The National
Motorists caught breaking the speed limit by 80kph paid more than Dh12 million. Pawan Singh / The National
Motorists caught breaking the speed limit by 80kph paid more than Dh12 million. Pawan Singh / The National

Dubai 'super speeders' paid Dh53 million in traffic fines last year


Salam Al Amir
  • English
  • Arabic

Drivers caught breaking the speed limits on Dubai's roads by more than 60kph last year paid a total of Dh53.9 million ($14.6 million) in traffic fines.

Dubai Police reported 24,837 such speeding offences in 2022, of which 4,322 were motorists who exceeded speed limits by 80kph.

Each of the worst offenders had to pay a fine of Dh3,000, had 23 points added to their licences and had their vehicles confiscated for 60 days.

Exceeding maximum speed limits is one of the most serious violations because it can cause or contribute to major accidents, said Maj Gen Saif Al Mazroui, director of the General Department of Traffic at Dubai Police.

There is no excuse for a driver who over speeds by more than 60 or 80 kilometres
Major General Saif Al Mazroui,
director of the General Department of Traffic at Dubai Police

A total of 20,515 drivers exceeded the speed limit by 60kph. Each was fined Dh2,000, received 12 traffic points and faced a 30-day vehicle confiscation.

"Committing traffic violations happens, but there is a big difference between a violation committed by mistake due to inattention or lack of focus, and a violation that reflects reckless behaviour committed deliberately," Maj Gen Al Mazroui said.

Speed limits are determined following careful studies that take into account several factors, including traffic density and the nature of the road.

“Everyone must be aware that adherence to speed limits is crucial to ensuring safety and the additional margin to speed limit cuts off all excuses of lack of focus,” he said.

“Lack of focus makes a driver exceed the speed limit by one or two kilometres but there is no excuse for a driver who over speeds by more than 60 or 80 kilometres.”

The risk of high-speed driving intensifies when combined with other factors, such as using a mobile phone while behind the wheel.

“In such situations, the driver lacks adequate time to react and address any unforeseen emergencies that may arise in their path," Maj Gen Al Mazroui said.

“Moreover, if a car crash is imminent due to excessive speed and insufficient spacing between vehicles, the driver may be compelled to make a sudden evasive manoeuvre.”

He said this sudden action could lead to an even more significant accident and endanger the lives of the driver, and others.

"This violation is also a major cause of many traffic accidents and reflect the undisciplined behaviour of those who do it," he said.

The department dealt with 2,319 such offences last year. Motorists were punished with a Dh2,000 fine, 23 traffic points and 60 days of car confiscation and impoundment.

Law-breaking behaviour included recklessly weaving between cars at high speeds, abruptly stopping in front of other vehicles, street racing, road rage and aggression.

“We do not tolerate these behaviours, because they pose risk to those who do them and to other road users," Maj Gen Al Mazroui said.

He said that while most drivers abided by the law, the department was focused on raising public awareness about the dangers of reckless driving.

"There is a still a minority of drivers who require deterrence to improve overall road safety for everyone," he said.

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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UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match

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THE SPECS

Engine: 2.0-litre 4-cylinder turbo

Power: 275hp at 6,600rpm

Torque: 353Nm from 1,450-4,700rpm

Transmission: 8-speed dual-clutch auto

Top speed: 250kph

Fuel consumption: 6.8L/100km

On sale: Now

Price: Dh146,999

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Company%20profile
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The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

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Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

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The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Updated: May 04, 2023, 2:35 PM