Visitors at the Health and Fitness Fun Day at Adnec last year. Courtesy of Actvet
Visitors at the Health and Fitness Fun Day at Adnec last year. Courtesy of Actvet

Health and fitness fun for everyone



The event

It’s a chance to begin a healthier lifestyle. The Health and Fitness Fun Day, run by the Abu Dhabi Centre for Technical and Vocational Education and Training (Actvet), is a free two-day event held at the Abu Dhabi National Exhibition Centre (Adnec) on Sunday and Monday.

More than 80 exhibitors will showcase health and fitness products in addition to conducting workshops and -demonstrations.

Have fun

That’s the message from the Actvet deputy director general Mubarak Al Shamsi. “That is very important,” he explains. “This is not a health day but really a fun day with lots of activities for the whole family. I think everyone can go there and find something to enjoy or benefit from.”

Al Shamsi says the annual festival, back for its second edition, increased its Adnec floor space by 30 per cent to accommodate the growing number of exhibitors, which grew this year from 75 to 86. “This is clear evidence of the success of the festival,” he says. “It is proof the festival is welcomed by the greater community.”

The activities

Take your pick, since there is something for everyone. The activities are divided in streams dedicated to youth and adults. The former will have a wide range of activities to choose from including the climbing wall, bicycle challenges and self-defence -demonstrations.

Those wanting mental activities can go over to the golf-putting challenge or play games of chess. The older set will have a chance to undergo a series of voluntary free health checks.

The event will be a good time to examine diabetes and cholesterol levels as well as receive check-ups for glaucoma. Experts will also be available to consult on a wide range of treatments for asthma and respiratory allergies and the benefits of Chinese medicine. But not every adult activity is that serious, with massage and reflexology treatments also available. Foodies will also benefit from seeing local favourite dishes given a healthier spin courtesy of cooking demonstrations by leading Emirati chefs. Nutritionists will also be on hand to help you launch your new diet with tailor-made healthy eating plans.

The message

Despite the activities on offer, Al Shamsi hopes the festival can act as a turning point for local families. “The whole point of it all is to send that message that we all have to look after our health,” he says. “We want to encourage everyone to exercise and eat better and, at the same time, come out and have a fun day with the whole family.”

The venue

Adnec is destined to be a hive of activity with the event hosted in Halls 3 and 4 in addition to the atrium. On Sunday, doors will be open to all from 10am to 8pm. While women will be only admitted the following day from 9am to 12pm, the general public can join in from 12pm until 8pm.

• For more details, go www.healthfitness.ae

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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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3. Tom Dumoulin (NED) Jumbo-Visma, at 14s

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5. Joao Almeida (POR) UAE-Team Emirates, at 22s

6. Mikkel Bjerg (DEN) UAE-Team Emirates, at 24s

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2. Filippo Ganna (ITA) Ineos Grenadiers, at 7s

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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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'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

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The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

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Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

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Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.