A year after its launch, the Zayed Centre for Research at London’s Great Ormond Street Hospital has focused its work on how to transform specialised medical research into treatments for patients with a range of diseases and conditions.
Maha Barakat, senior adviser to the Abu Dhabi Executive Office, has revealed how the work of the centre was boosted by a £60 million ($79m) grant from Sheikha Fatima bint Mubarak, wife of Sheikh Zayed, that allowed it undertake an ambitious expansion. The funding enhanced its work in regenerative stem cell research, gene therapy and immunology technologies.
Targeting rare diseases for scientific breakthroughs lies at the heart of what the hub aims to do and those pioneering applications are more broadly for advances across medicine.
"The Zayed Centre is geared towards children with rare disease and they see patients with rare disease," Ms Barakat told The National.
“The research into a rare disease can be a catalyst into discovering new ways of diagnostics and treatments for much more prevalent adult diseases. I strongly support and advocate increased funding into the study of rare and undiagnosed diseases.
“If you take the smaller prevalence diseases and start targeting them, hopefully you can have a bigger impact.”
It is something she describes as a transformative approach to research.
“So often when scientists start researching something so rare that it's never been diagnosed before, you see an abnormality and you start going through the genetics and the changes of consequence of the genes, you can actually discover a pathway that can be apparent in a much more prevalent disease – for instance, cancer in adults or obesity or diabetes or heart disease, stroke. This is why research is always so important.”
The Zayed Centre possesses another unique facet, which Ms Barakat describes as a translational medicine model.
“You go from the lab to the bedside and it’s in the same building,” she explained. “It’s all geared towards researchers doing their work and then being able to implement their findings for patients for whom there is no other treatment or no other therapy options.”
For children born with an error in their genetic code, the benefit of ground-breaking gene therapy is that defect can be edited and be essentially cured. “That really is a lifesaver,” she said. “You target the genes and then the genes fix the body.”
Regenerative medicine is another frontier. “There are certain cells in our body that are not regenerative and if you have a problem in those cells because, for example, of a congenital disease, you will suffer,” she said. “The Zayed Centre is a regenerative medicine resource and within that area they look at regenerating cells – for instance, using stem cells. They look at engineering tissue. And then you actually regenerate organs. These are all critical elements of regenerative medicine.”
The Zayed Centre hosts the largest standalone academic manufacturing unit for gene and cell therapies in the UK and one of the largest in the world, and has been part of a new effort to tackle the Covid-19 outbreak in a UK government trial. Researchers are using small doses of the manufactured virus to find the smallest possible amount that can cause an infection of Covid-19. Volunteers will then be infected and closely monitored. The virus characterisation study could then be developed to prevent the infection.
The programme is a partnership between the UK government, Imperial College London, the Royal Free London NHS Foundation Trust and hVIVO, a company that develops human challenge models for viruses.
It is all very much in keeping with the overall philosophy behind the Zayed Centre, which is one of a range of health partnerships stretching from Washington DC to Morocco for the UAE.
“The centre opened a year ago and during 2020 it has faced the pandemic that the whole world has faced," Ms Barakat said. "Over and above all the activities it was founded on, the Zayed Centre has been able to pivot and innovate and help the UK government’s emergency response with Covid, and the labs are contributing to the initiative to fast-track a vaccine.”
The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
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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.”
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HIJRA
Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy
Director: Shahad Ameen
Rating: 3/5
Results:
5pm: Maiden (PA) | Dh80,000 | 1,200 metres
Winner: Jabalini, Szczepan Mazur (jockey), Younis Kalbani (trainer)
5.30pm: UAE Arabian Derby (PA) | Prestige | Dh150,000 | 2,200m
Winner: Octave, Gerald Avranche, Abdallah Al Hammadi
6pm: Arabian Triple Crown Round 3 (PA) | Group 3 Dh300,000 | 2,200m
Winner: Harrab, Richard Mullen, Mohamed Ali
6.30pm: Emirates Championship (PA) | Group 1 | Dh1million | 2,200m
Winner: BF Mughader, Szczepan Mazur, Younis Al Kalbani
7pm: Abu Dhabi Championship (TB) | Group 3 | Dh380,000 | 2,200m
Winner: GM Hopkins, Patrick Cosgrave, Jaber Ramadhan
7.30pm: Wathba Stallions Cup (PA) | Conditions | Dh70,000 | 1,600m
Winner: AF La’Asae, Tadhg O’Shea, Ernst Oertel
More from Rashmee Roshan Lall
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
Tewellah by Nawal Zoghbi is out now.
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
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Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
UAE currency: the story behind the money in your pockets
About Takalam
Date started: early 2020
Founders: Khawla Hammad and Inas Abu Shashieh
Based: Abu Dhabi
Sector: HealthTech and wellness
Number of staff: 4
Funding to date: Bootstrapped
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