Abdullah Al Dhaheri, 21, left, and his brother Mansour, 19, went missing on July 23 after they were swept out to sea off the coast of Oman.
Abdullah Al Dhaheri, 21, left, and his brother Mansour, 19, went missing on July 23 after they were swept out to sea off the coast of Oman.
Abdullah Al Dhaheri, 21, left, and his brother Mansour, 19, went missing on July 23 after they were swept out to sea off the coast of Oman.
Abdullah Al Dhaheri, 21, left, and his brother Mansour, 19, went missing on July 23 after they were swept out to sea off the coast of Oman.

Uncle of missing Emirati brothers headed to Oman to identify body


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DUBAI // The father of two Emiratis who were swept out to sea in rough weather in Oman in July is waiting for a forensics report to discover whether a body found at the weekend is one of his sons.

Mohammed Al Dhaheri, father of Abdullah Mohammed, 21, and Mansour Mohammed, 19, who went missing on July 23, said a relative had gone to Salalah to try to identify the body.

“I wasn’t contacted by the Omani authorities right away. They still don’t know who the body belongs to, but the boys’ uncle has gone to Oman to help out with the identification,” said Mr Al Dhaheri.

He said he expected to hear the forensic results from Oman this week.

A spokesman for the Oman News Network said: “A part of a decomposed body was found on Friday late in the afternoon off Al Dumar beach in Dhofar province. The identity of the dead person has not been confirmed yet.”

The Public Authority for Civil Defence and Ambulance said a search and rescue team in Dhofar removed the body from the water and it was taken to a police forensics laboratory.

The brothers were visiting the town of Mirbat for the Eid Al Fitr holidays and were at a beach in Dhofar, east of Salalah, when they were swept out to sea.

Abdullah may have drowned while trying to save his younger brother, according to friends who were with them.

The Emirati community rallied around the family after the incident and funeral prayers were held.

Ali Al Zaabi, a neighbour in the Asharaej neighbourhood in Al Ain, said the ordeal had been difficult for the family and the community as a whole.

“They found someone’s decomposed body and this is sad news for anyone. I pray that Al Dhaheri family can find solace and the strength and resilience to move on,” said Mr Al Zaabi.

nalremeithi@thenational.ae

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Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

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Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

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  • Submit their request
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