A man has been arrested after approaching Queen Elizabeth II's coffin in what police in London have described as a disturbance.
The incident happened at about 10pm on Friday as mourners, who have faced a 16-hour wait to pay their respects while the monarch lies in state, filed passed her coffin at Westminster Hall.
Parliamentary authorities said someone left the queue and tried to approach the coffin on its platform.
Metropolitan Police force a man was detained on suspicion of committing a public order offence.
A woman told Sky News that a man pushed her 7-year-old daughter out of the way during the incident.
“The police had him within two seconds," Tracey Holland said.
The UK Parliament is aware of the incident. "A member of the public moved out of the queue and towards the catafalque," a parliament representative said.
“They have now been removed from the hall and the queue restarted with minimal disruption.”
On Saturday, King Charles III was due to meet officials at Buckingham Palace.
In the morning he received the First Sea Lord, Chief of the Air Staff, Chief of the General Staff, Chief of the Defence Staff, Vice Chief of Defence Staff and the Commander of United Kingdom Strategic Command.
He then surprised queuing crowds in London, with his son William, and shook hands of well-wishers.
He was later expected to receive the governors general of the realms for a reception and lunch at Buckingham Palace followed by a meeting with prime ministers of the realms.
On Saturday evening, the queen's eight grandchildren will hold a vigil around her coffin.
Prince William, who after his grandmother’s death is now the heir to the throne, will stand at the head of the coffin and Prince Harry at the foot. Both princes, who are military veterans, will be in uniform.
King Charles III, Princess Anne, Prince Andrew and Prince Edward stood vigil around the flag draped coffin for 15 minutes on Friday.
Before the vigil, Prince Edward said the royal family was "overwhelmed by the tide of emotion that has engulfed us and the sheer number of people who have gone out of their way to express their own love, admiration and respect [for] our dear mama".
On Friday, the mourners included former England football captain David Beckham, who queued for almost 12 hours to pay his respects.
Wearing a white shirt and black tie, he bowed briefly to the coffin before moving out of Westminster Hall.
“We have been lucky as a nation to have had someone who has led us the way her majesty has led us, for the amount of time, with kindness, with caring and always reassurance,” he said.
The lying in state is due to continue until Monday morning, when the queen's coffin will be taken to nearby Westminster Abbey for a state funeral, the finale to 10 days of national mourning for Britain's longest-reigning monarch.
The queen died aged 96 in Balmoral, Scotland, on September 8 after 70 years on the throne.
Hundreds of heads of state, royals and political leaders from around the world are flying to London to attend the funeral, including US President Joe Biden and Japanese Emperor Naruhito and Empress Masako.
After the service at the abbey, the queen’s coffin will be taken through the historic heart of London on a horse-drawn gun carriage.
It will then be taken in a hearse to Windsor, where the queen will be interred alongside her husband, Prince Philip, who died last year.
Hundreds of troops from the British army, air force and navy took part in an early morning rehearsal on Saturday for the final procession.
As troops lined The Long Walk, a picturesque path leading to Windsor Castle, the thumping of drums echoed as marching bands walked in front of a hearse.
London police said the funeral would be the largest single policing event the force had handled, passing even the 2012 Summer Olympics and the queen's platinum jubilee in June.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
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The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
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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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