Help for sexual assault now a phone call away



Sexual abuse has for years been a taboo subject in the Middle East. Increasingly, however, the issue is being brought out into the open with officials encouraging victims to come forward with their ordeals, and press charges against their assailants.

Over the last few years, several police initiatives have been launched to protect the identity of callers who report sexual abuse in the UAE. And now, Dubai Police have dedicated a new hot-line where the public can anonymously report cases.

We hope this protection will increase the number of reported cases - in survey after survey, women especially, but victims in general, say they shy away from reporting for fear they themselves will be unfairly judged. But we also hope this measure becomes only one aspect of a far bigger campaign.

The Ministry of Interior's Social Support Department says they deal with such cases with strict confidence. Aman, a hotline for Abu Dhabi police, and Al Ameen, in Dubai, were set up for similar purposes. Yet it is not clear how the new service announced at the weekend will be different. Residents should be made aware of what service to call for what complaint.

Confidentiality is of course the most promising aspect of this new hotline. Anonymous reporting should always be permitted, especially in cases that involve family members. Child abuse, for example, is often carried out by family members and reporting such cases to the police remains socially unacceptable and dangerous. The new service, if follow-up investigations are handled discretely, could empower those who would otherwise be afraid to report abuse.

And while care should be taken to identify malicious false reporting, all cases deserve to be investigated seriously. Child abuse cases, in particular, are often falsely reported during family disputes such as divorce proceedings and custody battles. But the recognition of such trends should not be at the expense of protecting real victims. Officers, equipped with interviewing skills and evidence gathering techniques, should follow up any allegation of abuse with vigour.

Anonymous reporting is certainly a step in the right direction, but what's needed most critically is to ensure that the legal system protects victims - rather than prosecutes them. Until this happens, no amount of 24-hour hotlines will ensure justice for victims of this heinous crime.

Prophets of Rage

(Fantasy Records)

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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Our family matters legal consultant

 

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

COMPANY PROFILE
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 
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

'The Batman'

Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

The specs

Engine: 2.9-litre, V6 twin-turbo

Transmission: seven-speed PDK dual clutch automatic

Power: 375bhp

Torque: 520Nm

Price: Dh332,800

On sale: now

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Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

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Leap of Faith

Michael J Mazarr

Public Affairs

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