The world's smallest baby is believed to have been born weighing the same as an apple.
A San Diego hospital on Wednesday revealed the birth of the girl and said she is believed to be the world's tiniest surviving micro-preemie, who weighed just 8.6 ounces (245 grams) when she was born in December.
The girl was born 23 weeks and three days into her mother's 40-week pregnancy. Doctors told her father after the birth that he would have about an hour with his daughter before she died.
"But that hour turned into two hours, which turned into a day, which turned into a week," the mother said in a video released by Sharp Mary Birch Hospital for Women & Newborns.
I kept telling them she's not going to survive, she's only 23 weeks
More than five months have passed, and she has gone home as a healthy infant, weighing 5 pounds (2 kilograms).
The baby's family gave permission to share the story but wanted to stay anonymous, the hospital said. They allowed the girl to go by the name that nurses called her: "Saybie."
Her ranking as the world's smallest baby ever to survive is according to the Tiniest Baby Registry maintained by the University of Iowa.
Dr Edward Bell, a professor of pediatrics at the University of Iowa, said Saybie had the lowest medically confirmed birth weight submitted to the registry.
But "we cannot rule out even smaller infants who have not been reported to the Registry," he said in an email to The Associated Press.
The hospital said the girl officially weighed 7 grams less than the previous tiniest baby, who was born in Germany in 2015.
In the video produced by the hospital, the mother described the birth as the scariest day of her life.
She said she was taken to the hospital after not feeling well and was told she had preeclampsia, a serious condition that causes skyrocketing blood pressure, and that the baby needed to be delivered quickly.
"I kept telling them she's not going to survive, she's only 23 weeks," the mother said.
But she did. The tiny girl slowly gained weight in the neonatal intensive care unit.
A pink sign by her crib read "Tiny but Mighty."
Other signs kept track of her weight and cheered her on as the girl, whose birth weight compared to that of a hamster, gained pounds over the months.
"You could barely see her in the bed she was so tiny," nurse Emma Wiest said in the video.
It shows photos of Saybie wearing a mint bow with white polka dots that covered her entire head, her tiny eyes peering out from under it.
Nurses put a tiny graduation cap on her when she left the unit.
The girl faces enormous challenges as a micro-preemie, who is an infant born before 28 weeks of gestation. Micro-preemies can experience vision and hearing problems, developmental issues and a host of other complications.
Many do not survive the first year, said Michelle Kling of the March of Dimes, a nonprofit that works to improve the health of mothers and babies.
So far Saybie has beaten the odds.
"She's a miracle, that's for sure," said Kim Norby, another nurse featured in the video.
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Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
Rating: 3.5/5
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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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Company name: Play:Date
Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund
Teams
India (playing XI): Virat Kohli (c), Ajinkya Rahane, Rohit Sharma, Mayank Agarwal, Cheteshwar Pujara, Hanuma Vihari, Ravichandran Ashwin, Ravindra Jadeja, Wriddhiman Saha (wk), Ishant Sharma, Mohammed Shami
South Africa (squad): Faf du Plessis (c), Temba Bavuma, Theunis de Bruyn, Quinton de Kock, Dean Elgar, Zubayr Hamza, Keshav Maharaj, Aiden Markram, Senuran Muthusamy, Lungi Ngidi, Anrich Nortje, Vernon Philander, Dane Piedt, Kagiso Rabada, Rudi Second
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Sharlene Teo, Pan Macmillan
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
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