Sharjah Police issued 5,605 fines against motorists who failed to buckle up in the past nine months. Pawan Singh / The National
Sharjah Police issued 5,605 fines against motorists who failed to buckle up in the past nine months. Pawan Singh / The National
Sharjah Police issued 5,605 fines against motorists who failed to buckle up in the past nine months. Pawan Singh / The National
Sharjah Police issued 5,605 fines against motorists who failed to buckle up in the past nine months. Pawan Singh / The National

Seat belt offences in Sharjah down by 66 per cent during pandemic restrictions


Salam Al Amir
  • English
  • Arabic

The number of seat belt offences in Sharjah fell by 66 per cent in the first nine months of this year compared to the same period in 2019, police said.

The drop reflected a decline in the amount of traffic on the roads because of movement restrictions imposed to limit the spread of coronavirus.

Residents across the UAE stuck to stay-home orders to help stem the spread of contagion for more than two months.

Sharjah Police issued 5,605 fines in the period to motorists who failed to buckle up. The authorities handed out 16,397 fines to drivers during the first nine months of 2019.

The dangers of not wearing a seat belt.
The dangers of not wearing a seat belt.

A federal law passed in 2017 requires all passengers to wear a seat belt while travelling in a car.

Drivers who do not wear seat belts and fail to ask passengers to do the same face a Dh400 fine and four black points on their licence.

Between January and September, 1,071 passengers in Sharjah were fined for not fastening their seat belts compared to 4,974 in 2019.

“A significant decline of 78.5 per cent was also seen this year in the number of passengers found not buckling up,” said Capt Saud Al Shaibah, head of Awareness at Sharjah Police’s Traffic and Patrol Department.

“The department reached out to the public through an online campaign with messages aimed at raising their awareness about the importance of fastening their seat belts and how that helps to save lives.”

In January to June this year, Abu Dhabi police officers fined 22,162 drivers for failing to buckle up or not ensuring everyone in their car wore seat belts.

“Using seat belts reduces fatalities and severity of injuries in cases of traffic accidents,” Abu Dhabi Police said.

Maj Gen Mohammed Saif Al Zafeen, assistant chief of Dubai Police, said seat belts reduce the death risk to front-seat passengers by 50 per cent and between 25 and 75 per cent for those in the back.

“Severity of injuries also fell by 80 per cent for those involved in a traffic accident if they used seat belts,” he said.

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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.”