DUBAI // The UAE has made "dramatic" strides against sex trafficking, but needs to do more to curb labour abuses, a top US state department official has said.
It followed a call in his department's annual report for the country to be more active in investigating and prosecuting unscrupulous recruitment agents and abusive employers.
For its part, the UAE says it is implementing a plan to combat forced labour and human trafficking, and is in the process of amending its anti-trafficking laws.
Luis CdeBaca, the ambassador-at-large from the US Office to Monitor and Combat Trafficking in Persons, praised the country's "very positive and dramatic approach to sex trafficking in the last couple of years", noting the number of prosecutions had jumped from 20 to 60 in a couple of years as "a result of political will and good structures".
"We encouraged there be increased police and prosecution attention paid to the problem of labour trafficking," he said after an official visit to the UAE where he met with the foreign, labour and interior officials.
"We think that's a journey the UAE would be good to take ... we would hate to see that all of the resources are so focused on prostitution that someone who is being abused in a different sector goes unprotected."
He said domestic and construction workers were most vulnerable to labour abuse.
The annual Trafficking in Persons (TIP) report ranks 184 countries in different tiers based on their anti-trafficking efforts.
This year's report, issued in June, again put the UAE in the second tier, denoting that it does not fully meet America's anti-trafficking standards.
Two years ago the UAE was upgraded from the tier two watch list - denoting potential demotion to tier three - in recognition of the progress it had made.
The report noted that Dubai had set up a special court to hear human trafficking cases, and opened two new shelters for victims.
However, it criticised the government's inability to recognise people forced into labour as trafficked victims. It also found victims of trafficking may have been jailed, fined or deported from the Emirates.
The UAE needed to do more to prevent sex tourism by Emiratis, saying it was important for the country to "police its citizens" no matter where they travel, he said. The report criticised the country for failing to reduce the demand for prostitution within its borders, or to curb child sex tourism by UAE nationals.
He also called for legal reforms and an overhaul of the sponsorship system.
Government officials, however, said they were committed to dealing with all forms of exploitation, including labour trafficking.
Dr Saeed Al Ghufli, the coordinator of the National Committee to Combat Human Trafficking, said protection and assistance for victims was improving each year, and that the UAE was making "steady progress" on the issue.
The Ministry of Labour had "approved a work plan to combat forced labour and human trafficking", he said.
An amendment to its anti-trafficking law that would "emphasise the protection and repatriation of victims, thus bringing the law more in line with the Palermo Protocol" is with the Government for consideration.
"The UAE welcomes direct discussion and collaboration with other countries and international organisations that share the vision of stemming the tide of human trafficking," he added.
The Indian mission said that even as the UAE was taking steps to protect workers, India had also, as a labour-supplying nation, tightened its laws and clamped down on recruitment agents.
As a result, said MK Lokesh, the Indian ambassador, the number of complaints from Indian workers had fallen.
pkannan@thenational.ae
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
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Dust storm
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- Source: Can be carried from distant regions
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UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final
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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.”
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
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KILLING OF QASSEM SULEIMANI
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Light Flyweight (48kg): Alua Balkibekova (KAZ) beat Gulasal Sultonalieva (UZB) by points 4-1.
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Light Welterweight (64kg): Milana Safronova (KAZ) beat Lalbuatsaihi (IND) 3-2.
Welterweight (69kg): Valentina Khalzova (KAZ) beat Navbakhor Khamidova (UZB) 5-0
Middleweight (75kg): Pooja Rani (IND) beat Mavluda Movlonova (UZB) 5-0.
Light Heavyweight (81kg): Farida Sholtay (KAZ) beat Ruzmetova Sokhiba (UZB) 5-0.
Heavyweight (81 kg): Lazzat Kungeibayeva (KAZ) beat Anupama (IND) 3-2.