Under a proposal, young drivers would have to acquire a certain amount of experience before taking a final test to gain a full driving licence.
Under a proposal, young drivers would have to acquire a certain amount of experience before taking a final test to gain a full driving licence.

Tighter rules proposed for young drivers



DUBAI // A nationwide system requiring young drivers to start with a provisional licence and work their way up to full driving privileges has been proposed by the Roads and Transport Authority (RTA). Drivers aged 18 to 24 would improve their skills and get into fewer accidents under the system, said Ali al Jasim, the director of the RTA licensing department.

"Restrictions are more important than deciding what age they should be allowed to drive," Mr al Jasim said. Under a provisional licence, young drivers would not be allowed to have high-powered cars and would be banned from motorways. They would also be required to have a qualified, experienced driver beside them at all times. Only after gaining a certain amount of experience would they be allowed to sit for a final test to gain a full driving licence. "We have studied these initiatives and we have recommended them to the relevant authorities," Mr al Jasim said.

"It is a matter of unifying it across the roads. We are discussing with the police across the country." The proposal also calls for follow-up testing to ensure that newly licensed drivers are meeting certain standards. Such a programme, coupled with stronger enforcement on the streets, would improve driving in the Emirates, Mr al Jasim said. "Once a person gets the driving licence, he is a different person," he said. "You need a post-licensing programme to make sure he behaves properly and according to the rules and regulations."

The US-based Insurance Institute for Highway Safety says a graduated licensing system such as the one proposed by the RTA can help young drivers mature more quickly. Similar systems are used in New Zealand and parts of Australia, the US and Canada. Some US states have a three-stage system. In the first stage, young drivers receive a provisional licence and cannot drive unless they are accompanied by a licensed adult.

After passing the first test, they receive an intermediate licence that grants limited driving privileges. They cannot drive in high-risk situations, such as on motorways or at night, without supervision. A licence with full privileges is issued only after they have progressed through the first two phases. Even then, during the first six to 12 months, there are restrictions on unsupervised night driving.

And if young drivers break any rules, their licence can be suspended. Major Gen Mohammed al Zafein, the director of the Dubai Police traffic department, suggested last week that the minimum age for obtaining a licence should be lowered from 18 to 16, but only after a driver has received at least 100 hours of practical training. Currently, drivers must be at least 18 to obtain a licence, but training and testing requirements vary across the emirates.

Gen al Zafein said the change would help solve the problem of untrained, underage teenagers getting behind the wheel illegally. But Mr al Jasim said the focus should be on those who had already obtained their licence. A lower age limit would only work if the laws were heavily enforced, he said. "We do not want to open files for people who are 16 years old without having restrictions on the streets and programmes starting in the home and educational institutions."

He said young drivers should be made aware of the consequences of driving from an early age. "It should start with their parents," Mr al Jasim suggested. Several countries allow 16-year-olds to drive, but the laws would need to be heavily enforced if the UAE were to allow driving at that age. "The lower you go [in age], the more enforcement there should be," he said. Meanwhile, the RTA licensing department will soon begin new measures for issuing licences. Motorists will have to sit for a new theory test before they take practical lessons. The move, which will bring the test in line with several European countries, will be the first of its kind in the region.

Currently, the RTA requires at least 20 hours of practical lessons with a simple theory test before people begin to drive. The new theory test is expected to be in place during the first half of 2010, Mr al Jasim said. @Email:eharnan@thenational.ae

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Rating: 3/5

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Personalities on the Plate: The Lives and Minds of Animals We Eat

Barbara J King, University of Chicago Press 

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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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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