• Wildlife officer Lindy Thomas poses with koalas and their joeys produced by artificial insemination at Currumbin Wildlife Sanctuary, Gold Coast, Australia. Reuters
    Wildlife officer Lindy Thomas poses with koalas and their joeys produced by artificial insemination at Currumbin Wildlife Sanctuary, Gold Coast, Australia. Reuters
  • A young koala looks through eucalyptus leaves at a zoo in Duisburg, Germany. AP
    A young koala looks through eucalyptus leaves at a zoo in Duisburg, Germany. AP
  • An injured koala is looked at by a vet after it was treated for burns at a makeshift field hospital on Kangaroo Island, Australia. AFP
    An injured koala is looked at by a vet after it was treated for burns at a makeshift field hospital on Kangaroo Island, Australia. AFP
  • A dehydrated and injured koala receives treatment at the Port Macquarie Koala Hospital in Port Macquarie, Australia. AFP
    A dehydrated and injured koala receives treatment at the Port Macquarie Koala Hospital in Port Macquarie, Australia. AFP
  • The rare white baby koala born at the Australia Zoo in Queensland clings to her mother. Australia Zoo / AFP
    The rare white baby koala born at the Australia Zoo in Queensland clings to her mother. Australia Zoo / AFP
  • A koala who lost an eye and had her left hind leg amputated after being hit by a car resides at the Koala Hospital in Port Macquarie, Australia. AFP
    A koala who lost an eye and had her left hind leg amputated after being hit by a car resides at the Koala Hospital in Port Macquarie, Australia. AFP
  • A baby koala eats at the Sydney Zoo in Sydney, Australia. Getty Images
    A baby koala eats at the Sydney Zoo in Sydney, Australia. Getty Images
  • A koala eats eucalyptus at the Pairi Daiza Wildlife Park, a zoo and botanical garden in Brugelette, Belgium. Reuters
    A koala eats eucalyptus at the Pairi Daiza Wildlife Park, a zoo and botanical garden in Brugelette, Belgium. Reuters
  • Cuddle a koala at the Currumbin Wildlife Sanctuary. Photo: Barberstock
    Cuddle a koala at the Currumbin Wildlife Sanctuary. Photo: Barberstock

Koalas declared 'endangered' in eastern Australia


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Koalas were officially declared endangered in eastern Australia on Friday, as they fall prey to disease, lost habitat and other threats.

Federal Environment Minister Sussan Ley changed their conservation status across the country’s east coast — in Queensland, New South Wales and the Australian Capital Territory — on a recommendation from the government’s Threatened Species Scientific Committee.

The marsupials had earlier been listed as a vulnerable species.

Many koalas in Australia suffer from chlamydia. Populations in New South Wales have fallen by between 33 and 61 per cent since 2001. In 2020, a parliamentary inquiry warned the species might become extinct before 2050 without urgent intervention.

The number of koalas in Queensland has fallen by half since 2001, as a result of drought, fires and deforestation. Some are also killed by dogs and run over on roads.

  • Clinical Director Cheyne Flanagan, Rebecca Turner and Judy Brady treat a koala named Peter from Lake Innes Nature Reserve for severe burns at the Port Macquarie Koala Hospital. All photos by Nathan Edwards / Getty Images
    Clinical Director Cheyne Flanagan, Rebecca Turner and Judy Brady treat a koala named Peter from Lake Innes Nature Reserve for severe burns at the Port Macquarie Koala Hospital. All photos by Nathan Edwards / Getty Images
  • A koala named Rose from Thrumster recovers from burns at the Port Macquarie Koala Hospital=
    A koala named Rose from Thrumster recovers from burns at the Port Macquarie Koala Hospital=
  • The burns on the feet of koala named Kate from Bellangry State Forest
    The burns on the feet of koala named Kate from Bellangry State Forest
  • Clinical Director Cheyne Flanagan (L) and Barbara Barrett treating a rescued koala for burns
    Clinical Director Cheyne Flanagan (L) and Barbara Barrett treating a rescued koala for burns
  • A koala named Frizzle from Taree is treated for burnt paws
    A koala named Frizzle from Taree is treated for burnt paws
  • A koala is given oxygen while vets care for her burns
    A koala is given oxygen while vets care for her burns

“Koalas have gone from no-listing to vulnerable to endangered within a decade. That is a shockingly fast decline,” said Stuart Blanch, a conservation scientist with the World Wildlife Fund-Australia.

“Today’s decision is welcome, but it won’t stop koalas from sliding towards extinction unless it’s accompanied by stronger laws and landholder incentives to protect their forest homes,” he said.

The Australian Koala Foundation estimates that there are less than 100,000 Koalas left in the wild — possibly as few as 43,000.

Summer bushfires in 2019-20 — known as the Black Summer fires — killed at least 6,400 of the animals, as rescuers worked desperately to save them and treat their injuries.

“There have been many pressures on the koala. The Black Summer fires, of course, was a tipping point. But we know the koala is vulnerable to climate change and to disease,” Ms Ley said.

She said the government was trying to protect the koala population through vaccines to prevent and treat chlamydia, the use of drones to study them and the restoration of their habitat.

The government says listing koalas as endangered will highlight and help address the threats facing them, while conservation groups argue that more has to be done to prevent their extinction.

The Australian Koala Foundation has called for legislation to protect the animals and curb land clearing and mining projects that are wrecking their habitats. It says koalas also are in danger across Victoria and South Australia.

Deborah Tabart, chair of the foundation, said the designation of koalas as endangered was “nothing but a token gesture”.

“Behind all the photo opportunities and political rhetoric, they [the federal government] continue to approve the destruction of koala habitat,” Ms Tabart said.

Itcan profile

Founders: Mansour Althani and Abdullah Althani

Based: Business Bay, with offices in Saudi Arabia, Egypt and India

Sector: Technology, digital marketing and e-commerce

Size: 70 employees 

Revenue: On track to make Dh100 million in revenue this year since its 2015 launch

Funding: Self-funded to date

 

ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

Film: Raid
Dir: Rajkumar Gupta
Starring: Ajay Devgn, Ileana D'cruz and Saurabh Shukla

Verdict:  Three stars 

Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000

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.”

Ads on social media can 'normalise' drugs

A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.

The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

Tell-tale signs of burnout

- loss of confidence and appetite

- irritability and emotional outbursts

- sadness

- persistent physical ailments such as headaches, frequent infections and fatigue

- substance abuse, such as smoking or drinking more

- impaired judgement

- excessive and continuous worrying

- irregular sleep patterns

 

Tips to help overcome burnout

Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’

Do activities that you want to do as well as things you have to do

Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones

Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation

Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.

The%20specs
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SCORES IN BRIEF

New Zealand 153 and 56 for 1 in 22.4 overs at close
Pakistan 227
(Babar 62, Asad 43, Boult 4-54, De Grandhomme 2-30, Patel 2-64)

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The five types of long-term residential visas

Obed Suhail of ServiceMarket, an online home services marketplace, outlines the five types of long-term residential visas:

Investors:

A 10-year residency visa can be obtained by investors who invest Dh10 million, out of which 60 per cent should not be in real estate. It can be a public investment through a deposit or in a business. Those who invest Dh5 million or more in property are eligible for a five-year residency visa. The invested amount should be completely owned by the investors, not loaned, and retained for at least three years.

Entrepreneurs:

A five-year multiple entry visa is available to entrepreneurs with a previous project worth Dh0.5m or those with the approval of an accredited business incubator in the UAE.  

Specialists

Expats with specialised talents, including doctors, specialists, scientists, inventors, and creative individuals working in the field of culture and art are eligible for a 10-year visa, given that they have a valid employment contract in one of these fields in the country.

Outstanding students:

A five-year visa will be granted to outstanding students who have a grade of 95 per cent or higher in a secondary school, or those who graduate with a GPA of 3.75 from a university. 

Retirees:

Expats who are at least 55 years old can obtain a five-year retirement visa if they invest Dh2m in property, have savings of Dh1m or more, or have a monthly income of at least Dh20,000.

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

Updated: February 11, 2022, 3:38 PM