FILE PHOTO Inspectors found three more dead dugongs in Al Dhafra to the west of the capital, along with more than 2,000 metres of nylon fishing nets abandoned by fishermen in the water.. Wam
FILE PHOTO Inspectors found three more dead dugongs in Al Dhafra to the west of the capital, along with more than 2,000 metres of nylon fishing nets abandoned by fishermen in the water.. Wam

Seven in 10 nets used by fishermen are illegal and endanger rare marine wildlife



Seven out of 10 nets used by local fisherman are illegal, with the potential to kill marine wildlife, a snap inspection by environment inspectors has uncovered.

Officers from the Environment Agency Abu Dhabi swooped on locations used by  commercial and recreational fishing boats after the discovery of five dead dugongs, including a pregnant female, on Saadiyat Public Beach last month.

The inspectors, who arrived unannounced, uncovered widespread use of hiyali nets, which are banned under federal law and are easily lost at sea, ensnaring wildlife.

They also found 225 private and commercial fishing boats, which the agency describes as being “out of service”.

The agency took what it says were “extensive and unannounced inspections” after the drowning deaths of the protected species, in what is believed to be the worst incident of its kind in the UAE.

Working with maritime inspectors from the Critical Infrastructure and Coastal Protection Authority, teams covered about 7,000 kilometres, or 14 per cent of the Abu Dhabi coastline, in just 36 hours.

They found three more dead dugongs in Al Dhafra to the west of the capital, and more than 2,000 metres of nylon fishing nets abandoned by fishermen in the water.

At least 10 fishing nets, known as gargoor, that did not meet legal requirements were confiscated, with four offences lodged for using nylon nets and unlicensed recreational fishing boats.

Dr Shaikha Al Dhaheri, executive director of terrestrial and marine biodiversity at the agency, called for “immediate and deterrent action" against offenders.

"In spite of strict recreational and commercial fishing rules and regulations in the emirate, effective management of our marine reserves and the great efforts made by other relevant authorities,  the use of illegal and banned fishing gear and methods is still causing the death of dugongs, dolphins and turtles and other marine species,” Dr Al Dhaheri said.

She has called the dugong deaths on Saadiyat “a harsh blow to one of Abu Dhabi’s most vulnerable species”.

________________

Read more:

Five dugongs wash up on Saadiyat beach in 'harsh blow' for the species 

Call for coordinated effort among Gulf countries to save dugong

________________

Hiyali are drift nets that hang vertically in the water, using weights, and can be up to seven metres long. They are banned in many territorial waters around the world because of their destructive impact on fish stocks and marine animals.

Fish become entangled in the mesh, as do other wildlife like sharks, dolphins, and even seabirds.

In the UAE they are used to catch kingfish and Indian mackerel, local species of mackerel with consumers but declining in numbers because of overfishing. The season lasts from January to May, coinciding with the dugong fatalities.

According to Fadel Obaid, of the Umm Al Quwain fishing association, the nets need at least a kilometre of sea to work well.

“In Abu Dhabi there’s a strong possibility the net will draw near islands,” he said. “This can cause problems as it drifts with the tide.”

Laws on net use should be clear, said Mr Obaid.

“It’s very important to clarify these things because there are those who fish for a hobby and those who depend on God and the sea for a living.”

Arabella Willing, resident marine biologist and head of conservation at the Park Hyatt, Abu Dhabi performed post mortem examinations on the Saadiyat dugongs.

She described the banned drift nets as: "problematic and dangerous to wildlife” adding that she hoped greater awareness of the problem would promote “a general community feeling of taking care of the environment and being more mindful".

At least ten fishing nets of a traditional domed design known as gargoor did not meet legal requirements and were confiscated during the inspections, with four violation reports issued for using nylon nets and unlicensed recreational fishing boats.

Those convicted face hefty fines and prison sentences. For first offenders this is up to Dh50,000 with the possibility of a minimum three months behind bars. This rises to a maximum of Dh100,000 and a minimum of one year in prison for subsequent offences.

The areas inspected included the Eastern Mangrove Marina to Ras Haniora in Al Taweelah, the canals and khors around Al Saadiyat and Ras Ghurab Islands, Al Sadar Port, Al Bahya and Al Shilila areas.

A second group of inspectors covered the Al Dhafra region, including Al Radeem, Al Mugharah, Al Mirfa, Khor Al Bazam and Al Haramiyah.

The third group started from Al Sila Port covering Al Hamra, Shuweihat, Al Silaa, Doha Al Nakheel and Doha Tolab up to Ras Ghamis.

The UAE is home to an estimated 3,000 dugongs, the world’s second largest population.

The aquatic mammals are protected under Federal Laws No 23 and No 24, and the UAE is a signatory to the UN Convention on the Conservation of Migratory Species making it an international commitment to protect dugongs.

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UAE rugby in numbers

5 - Year sponsorship deal between Hesco and Jebel Ali Dragons

700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams

Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams

Dh1.8m - Dubai Hurricanes' overall budget for next season

Dh2.8m - Dubai Exiles’ overall budget for next season

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Rating: 3.5/5

Key facilities
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4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
How to volunteer

The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

UAE currency: the story behind the money in your pockets
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Stars: Toni Collette, Bella Heathcote, David Wenham, Omari Hardwick   

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Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

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.”

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
The biog

Age: 30

Position: Senior lab superintendent at Emirates Global Aluminium

Education: Bachelor of science in chemical engineering, post graduate degree in light metal reduction technology

Favourite part of job: The challenge, because it is challenging

Favourite quote: “Be the change you wish to see in the world,” Gandi

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

Points Classification after Stage 1

1. Geraint Thomas (Britain / Team Sky) 20

2. Stefan Kueng (Switzerland / BMC Racing) 17

3. Vasil Kiryienka (Belarus / Team Sky) 15

4. Tony Martin (Germany / Katusha) 13

5. Matteo Trentin (Italy / Quick-Step) 11

6. Chris Froome (Britain / Team Sky) 10

7. Jos van Emden (Netherlands / LottoNL) 9

8. Michal Kwiatkowski (Poland / Team Sky) 8

9. Marcel Kittel (Germany / Quick-Step) 7

10. Edvald Boasson Hagen (Norway / Dimension Data) 6

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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
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