Beirut explosion: humanitarian agencies send 43 tonnes of aid from Dubai base


Kelly Clarke
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A plane carrying 43 tonnes of medical equipment took off from Dubai on Wednesday to help Beirut's hospitals treat thousands of wounded patients.

Syringes, bandages and surgical gowns were among the supplies on board worth more than Dh2 million.

At Dubai's International Humanitarian City, 180 pallets were loaded on trucks for the cargo flight, which left from the Dubai Airport Royal Air Wing about 5.45pm.

The plane was flown free of charge on the orders of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

The aid was supplied by the World Health Organisation and International Federation of Red Cross and Red Crescent Societies in co-ordination with Ministry of Health and Prevention.

Teams worked through the night to prepare the packages at warehouses in International Humanitarian City, where dozens of aid agencies are based.

Nevien Attalla, operations manager for the WHO's Dubai centre, said the call to prepare aid packages came from its representative office in Beirut at 9pm on Tuesday.

That was only hours after the blast at the city's main port, which killed at least 135 people and wounded more than 4,000.

Ms Attalla said 23 tonnes of supplies were distributed to help hospitals treat about 2,000 patients.

“We are offering medical trauma kits and surgical kits containing things such as syringes, bandages and surgical gowns," she said.

“Overnight we doubled the quantity as more information about the situation came in."

Ten trauma kits and 10 surgical kits were due to be sent, with each kit of which contained supplies that can treat up to 100 people.

"More may be sent depending on what is needed," Ms Attalla said.

George Maina, warehouse manager for the IFRC, said it sent 20 tonnes of personal protective equipment including N95 masks, gloves and surgical caps and gowns to protect medical staff from the coronavirus.

“We loaded 94 pallets of PPE on to five trucks. That’s about 20 metric tonnes in total,” Mr Maina said.

“We were able to move quickly and our teams worked through the night to prepare the freight, which will soon reach thousands of beneficiaries in Lebanon.

“International Humanitarian City donated the flight, which will carry the items and they provided us with free transport to move the supplies to the airport.”

Reem Al Hashimy, Minister of State for International Co-operation, said the UAE would stand by its neighbours in times of need.

“The UAE’s commitment to provide various forms of support in such situations underlines our solidarity with all brotherly and friendly countries in time of crises," Ms Al Hashimy said.

"We will work to assess the situation to evaluate what further assistance we can provide.”

Under the directives of Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, the UAE is preparing to offer further support to those worst affected by the devastating blasts.

Sheikh Hamdan bin Zayed, the Ruler's Representative in Al Dhafra Region and chairman of Emirates Red Crescent, will monitor the delivery of this assistance.

It includes medicine and medical equipment, and dietary supplements for children.

The Red Crescent said the aircraft would depart at a later time.

It said the focus would be on medical supplies to help Lebanese clinics during a hugely challenging period.

A huge outpouring of sympathy and support from the UAE has been extended to Lebanon.

Khalaf Al Habtoor, founding chairman of Al Habtoor Group, has pledged a month's worth of urgent medical supplies for hospitals in the country with more than 1,000 beds.

And the Khalaf Al Habtoor Hospital at Hrar, in northern Lebanon, will open auxiliary treatment support for patients who are unable to be accommodated in Beirut hospitals.

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Directed by: Sandeep Reddy Vanga

Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa

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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.”

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Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

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