When you ask an expert what the main driver errors are on the roads of the UAE, they don't have to think for very long: speeding, talking on mobile phones, tailgating at high speeds and failing to check mirrors were just some of the problems rattled off by driving instructors who spoke to The National this week.
Careless and erratic driving directly translates into accidents and deaths. Although the number of accidents fell in both Abu Dhabi and Dubai last year, there were still more than 100 people killed in Dubai in the first 11 months of 2012.
In Abu Dhabi, more than 150 people died in the first 10 months of last year.
The capital recently launched its first road safety campaign of the year, which will focus on pedestrians, as this group made up one third of its road deaths last year.
But opinion, among both experts and drivers, was divided on whether the driving habits in the UAE are worse than those seen in other countries.
Weng Valenzuela has been a driving instructor in the UAE for the last seven years and "the worst thing" she spots on the country's roads is speeding.
"Usually in a 60kph limit they do 80kph or 90kph, which is dangerous," said the 52-year-old from the Philippines.
But she would still rather get behind a wheel in the UAE than take to the roads in her home country. "In the Philippines, I went there for a vacation and I was afraid to drive because they drive too close together. I'm not used to it anymore," she said.
Fellow instructor and Filipina Joseline Simpelo, who has been teaching people to negotiate Abu Dhabi's roads since 1990, believes the opposite.
"The driving is worse here because the cars here are speeding. In my country, you cannot speed as there is a lot of congestion. The thing here is that the road is very wide - four or five lanes - that's why people have room to speed," she said.
"They are aggressive drivers. They are showing off that they have a new car, like 'I have a Lamborghini', this sort of thing."
The 54-year-old also believes the multicultural nature of society in the UAE has an impact. "Every nationality, they think they are better than everyone at driving, they compete with each other," she said.
Safety consultant Dr Robert Lee Reams, from the United States, has been working in the Middle East for 25 years and said people still do not adhere to safe driving practices.
"One of the number one problems is that this particular environment is so fluid - you have a lot of people coming and a lot of people going. A lot of people are coming with bad habits," he said.
"When people's lives are on the line, everyone needs to become more caring and a little more understanding. Here, I would say people are just focusing on 'I have to get from point A to point B - I don't care what I do to get there."
Andreea Barbu, 28, from France, has been living in Abu Dhabi for 18 months and is not a fan of the driving she witnesses on the emirate's roads. "I think driving here is very dangerous," she said.
"People are not paying attention to anybody. On the motorway, people are in the wrong lanes. It's very difficult to get used to that. People drive fast in the slow lane and slow in the fast lane.
"What shocked me was that children are everywhere in the car. They are not in their seats, they are playing everywhere."
Mansour Mohammad, from Australia, has lived in the UAE for 10 years and describes the driving as "very challenging and dangerous". "Every road here is a highway," the 38-year-old Dubai-based civil engineer said.
"People here don't do signals and they don't abide by the rules. They just swerve into the lanes without giving indications."
However, Egyptian Hatem Younig, who lives in Abu Dhabi, has a very different view. "I find driving here perfect compared with Egypt," the 56-year-old electronic archiving expert said.
"The standard of driving needs some improvement from the youngest, with regards to speeding and changing lanes, but I think the driving standard here is better than Egypt - 100 per cent."
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Favourite subjects in school: Mathematics and science
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Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
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.”
Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars
MATCH INFO
Everton 2 (Tosun 9', Doucoure 93')
Rotherham United 1 (Olosunde 56')
Man of the Match Olosunde (Rotherham)
ICC Awards for 2021
MEN
Cricketer of the Year – Shaheen Afridi (Pakistan)
T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)
ODI Cricketer of the Year – Babar Azam (Pakistan)
Test Cricketer of the Year – Joe Root (England)
WOMEN
Cricketer of the Year – Smriti Mandhana (India)
ODI Cricketer of the Year – Lizelle Lee (South Africa)
T20 Cricketer of the Year – Tammy Beaumont (England)