DUBAI // "Am I Driving Safely? If Not, Please Call [this company's number]".
It is plastered on the back of almost every minibus barrelling down Sheikh Zayed Road, and every lorry hauling its load across the country.
If commercial vehicles flout the rules of the road, the stickers - usually bright orange - offer motorists recourse, a means to complain to companies about reckless chauffeurs or drivers who park illegally. That is the theory.
But after a personal run-in with an errant driver, even Dubai's top traffic policeman has questioned the value of the ubiquitous warning stickers.
The National recently called 10 of these numbers, chosen at random, to test their effectiveness - not to report offences, but simply to test how they handled a purely theoretical complaint about their drivers.
The responses included "Do you want to buy curtains? Which curtains, sir?", and "Menu?" One small university in Ras al Khaimah said it directed all complaints about its minivans to the school's dean. One call went unanswered, despite multiple attempts.
In one case, calls about a white Toyota Hiace lorry, owned by a Chinese restaurant in Dubai, were handled by employees who seemed particularly confused about the purpose of our call. Asked about the restaurant's policy regarding its delivery drivers, the responses ranged from "Menu?" to "No, no driver here".
Calls about a red minivan operated by Aramex, the courier company, were met by an automated answering service offering three menu options, none of which involved lodging complaints. After connecting with the operator, the caller was then placed on hold for two minutes, connected to an "operational team leader", and then, following another brief period on hold, to a "fleet operations supervisor".
"Until now I don't think we have received a reckless [driving] complaint," said Bashir Ahmed, Aramex's operational team leader, who helps oversee the company's fleet of 250 vehicles. "But when the courier is going for a delivery, and he's parked behind someone's car, it might be for two or three minutes. [In such a situation] we apologise to the person who complained and we take action. And we take action and warn them. Definitely it doesn't happen continuously."
He added that "we don't fire" drivers.
Dubai authorities last year called for a ban on minivans for transporting passengers after a spate of fatal accidents involving them. Traffic police referred to them as "ticking time bombs", because of their unusually high accident rates. Still, there are no laws in Dubai requiring commercial vehicles to carry warning labels with easily identifiable contact numbers.
Maj Gen Mohammad Zaif al Zafein, the director of the traffic department at Dubai Police, said it was important for people to call the numbers if they felt someone was driving dangerously, even though it might sometimes prove futile.
"Whenever you call, there is no response, nobody answers. I tried it myself once, and it took so long, and nobody answered," he said. "Try it yourself. Maybe it differs from one company to another. Maybe. Once I tried it and I didn't get an answer; the phone kept ringing and ringing.
"I want to encourage the public to call this number. I think it would act to promote safety on our roads."
Not every call that The National placed was futile.
Tarwada Cargo Transport, a shipping company in Dubai, explained how it used sophisticated GPS tracking devices to monitor its fleet of about five cars and 50 large lorries.
"If we find the driver has created a problem, we try to sort it out within the company, but if not, then we inform the authorities," said Jitander Singh, the company's operations manager.
"It [the system] saves money on fines, which will benefit us, and it also avoids accidents." Jocelyn Viernes, an employee at Globaleye, an insurance broker, said the company's lorry had only ever received one complaint.
"He called and said, 'Your driver just won't go to the other lane. I'm flashing him.' So we took his details," she said.
"When the driver came back in, we asked him about it. He was actually driving in the centre lane. The guy was flashing him unnecessarily, when in reality he was quite free to overtake our driver on either side. We weren't quite sure what the problem was."
hnaylor@thenational.ae
match details
Wales v Hungary
Cardiff City Stadium, kick-off 11.45pm
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Killing of Qassem Suleimani
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
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The specs: 2018 Maxus T60
Price, base / as tested: Dh48,000
Engine: 2.4-litre four-cylinder
Power: 136hp @ 1,600rpm
Torque: 360Nm @ 1,600 rpm
Transmission: Five-speed manual
Fuel consumption, combined: 9.1L / 100km
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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Unresolved crisis
Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.
Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.
The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.
RESULT
Bayern Munich 5 Eintrracht Frankfurt 2
Bayern: Goretzka (17'), Müller (41'), Lewandowski (46'), Davies (61'), Hinteregger (74' og)
Frankfurt: Hinteregger (52', 55')
The specs
Engine: 3.0-litre flat-six twin-turbocharged
Transmission: eight-speed PDK automatic
Power: 445bhp
Torque: 530Nm
Price: Dh474,600
On Sale: Now