DOHA // When the Qatar Foundation was choosing the elements of its future science and technology park a couple years ago, Dr Tidu Maini urged the planners to include a robotic surgery centre.
He pointed out that the new technologies minimise the physical damage to the patient and improve the effectiveness of a variety of procedures. A surgeon performing a heart bypass, for example, no longer needs to open the patient's chest and cut through rib bones.
"Now you just make a few small holes and go in," Dr Maini, the head of Qatar Science and Technology Park, said during a recent interview. "The hand is clumsy and big, where as these tools are smooth and very dexterous."
More importantly, while robotic surgery centres have been popping up all over the West, none had appeared in the Middle East and North Africa.
"The question is where are the big breakthroughs going to happen in the future, and it's in robotic surgery," said Dr Maini. With help from leading robotic surgeons at the Imperial College of London, Qatar Foundation launched the Qatar Robotic Surgery Centre (QRSC) earlier this year. Some 15 doctors from across the Gulf attended the centre's inaugural training session in the centre's sleek headquarters in April.
Robotic-assisted surgery leads to fewer mistakes and a greater surgical success rate, particularly as the technology improves. The question is whether the doctors who attended the training will implement the procedures they learned once they return home.
A research paper published earlier this year by the QRSC lead researcher Dr Julien Nahed highlights the low use of robot-assisted surgery in the GCC. Only a few hospitals, including Doha's Hamad Medical Centre, have embraced the new technology, mostly due to the considerable expense and a lack of training.
"We're very optimistic," Dr Nahed said. "Uptake will take some time, but we have the technology and the training to make real advances in Qatar and beyond."
Further training sessions of up to a week are planned for the autumn, with a range of programmes including general surgery, urology, gynaecology and cardio-thoracic surgery. The centre hopes to train as many as 300 surgeons each year.
"Once the surgeon gets the confidence and understands how to manipulate the machines he will begin to do more procedures," said Dr Nahed.
The centre will bring in international experts for certain sessions, but overall training will be led by surgeons from Hamad. "They have the experience and they have the responsibility to train people in the country and the region," said Dr Tidu.
QRSC's research, meanwhile, is focused on image-guided surgery and improving surgical education. Right now, technology researchers are looking at better instrumentation to facilitate the use of robotic systems. Building a better robot is better left to the engineers.
"The temptation very early on is to fiddle with the robotics part of it, but we've kept away from that," said Dr Maini. "Where we come in is to couple the robotics with instrumentation that gives you an advantage in terms of better surgical procedures."
Researchers are working on a miniature magnetic resonance imaging device that can be attached to one of the robotic arms and provide real-time images of the surgery. "During a cardiac procedure you can't see what's happening behind the heart, but as you take certain steps you want to know what's going on," said Dr Maini. "This tool would allow us to do that."
To improve education, the centre is developing a comprehensive skills assessment system and, in partnership with the American University in Beirut and Texas A&M-Qatar, a more sensitive robotic surgery simulator. The main objective is to get surgeons across the Gulf to learn, embrace and implement these methods. After that, the ideas and reach of the centre will move beyond the region.
"There's no point in developing a wonderful widget which nobody can use," said Dr Maini. He urged the researchers and trainers of the centre to "cut your teeth on something local and then you use the momentum to carry you forward".
QRSC has four full-time staff as of mid-June, but that number is set to increase. Research projects will begin after Ramadan. In October, QRSC plans to launch an internship programme to give talented students hands on research experience. Finally, the centre has begun gathering the brightest Qatari surgeons and scientists into a national network on surgical technology.
Within a few years, Dr Maini sees QRSC vastly improving the quality of surgeons, and surgery, across the region. "There will be a tremendous impact and I think it will happen automatically," he said. "New technology has a faster uptake here than in traditional countries like England or France."
@Email:dlepeska@thenational.ae
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.”
Race 3
Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars
COMPANY%20PROFILE
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Mission%3A%20Impossible%20-%20Dead%20Reckoning%20Part%20One
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Christopher%20McQuarrie%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tom%20Cruise%2C%20Hayley%20Atwell%2C%20Pom%20Klementieff%2C%20Simon%20Pegg%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5