Pupils pre-pandemic return for the first day of school in the UAE. The National
Pupils pre-pandemic return for the first day of school in the UAE. The National
Pupils pre-pandemic return for the first day of school in the UAE. The National
Pupils pre-pandemic return for the first day of school in the UAE. The National


Back to school safely is a priority


The National
  • English
  • Arabic

August 28, 2023

For many families in the UAE, this past week may well have involved a number of packed activities: from wrapping up holidays, to shopping for uniforms, stationery and getting school bags ready for the first day of the new academic term.

After what has hopefully been a rejuvenating break for pupils, parents and teaching staff, the first days back after summer usually involve households re-learning to cross familiar obstacles: waking the children up earlier than they've been used to for several weeks, feeding them breakfast and leaving the house on time to ensure they make it to the school bus. Or if parents are dropping them off in private vehicles, making it to school on time, via roads that are packed with several thousands of other commuters facing similar time constraints.

As school runs merge with the office rush hour, particularly on a Monday, road safety reminders are not out of place. A well-timed initiative by the Federal Traffic Council has sought to make August 28 an Accident Free Day. Factoring in the morning stress of the first day of back to school, the traffic campaign states that if drivers sign an online pledge to not break traffic regulations, they can have "black points" erased.

This is a strong incentive for drivers and a worthy initiative for safer roads. All it needs is for drivers to follow the best practices: avoid speeding, maintain safe distances and be cautious while changing lanes and overtaking. There are other road safety tips that experts have given The National; following them is to everyone's benefit. There is no excuse for past fatal accidents – that have involved school buses and pupils – to ever be repeated. Or for speeding vehicles causing inadvertent yet devastating losses to parents.

In time for the new school term – or school year, depending on the curriculum – Dubai has launched a high-tech bus equipped with smart safety measures, including surveillance cameras and alert systems that would ensure no child is left on board. Abu Dhabi already has school buses equipped with cameras.

As pupils, teaching staff and parents once again find their routines, it is noteworthy that this will be the first year after 2019 to be totally free of Covid-19 restrictions. Pupils will not have to wear masks or face any hindrances, unlike the years of remote learning that were stressful for a number of reasons. According to the UN, by April 2020, close to 1.6 billion children and youth were out of school. That pupils have done well in their GCSE, despite the disruptions caused by the pandemic, is a testament to the strength of the UAE's education system, including its institutions, and the resilience of pupils.

Educators will do well to gently remind the pupils headed back to classrooms that they are among the privileged. In 2018, about 258 million children and youth were still out of school. By 2030, the UN estimates 84 million children will be out of school if measures aren't taken to educate every child, correcting global setbacks, including those caused by the pandemic.

Even as the right to a quality education remains one of the key UN Sustainable Development Goals, millions of young people around the world are not going to be sitting at the school desks they deserve to be at. As in the case of the Palestinian children of the Ain Al Hilweh refugee camp in Lebanon, or the Afghan girls and women that The National has recently written about, not everyone is fortunate enough to be educated. As tens of thousands of pupils in the UAE head back to school for the new term on Monday morning or later this week, it is an important perspective to keep in mind – one that might propel countless young people to give their best at school.

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The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Results

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m; Winner: Reem Baynounah, Fernando Jara (jockey), Mohamed Daggash (trainer)

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m; Winner: AF Afham, Tadhg O’Shea, Ernst Oertel

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Ghallieah, Sebastien Martino, Jean-Claude Pecout

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Yas Xmnsor, Saif Al Balushi, Khalifa Al Neyadi

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m; Winner: Somoud, Adrie de Vries, Jean de Roualle

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m; Winner: Haqeeqy, Dane O’Neill, John Hyde.

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The Baghdad Clock

Shahad Al Rawi, Oneworld

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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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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

UAE currency: the story behind the money in your pockets
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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

HOW TO WATCH

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UAE currency: the story behind the money in your pockets
SERIE A FIXTURES

Saturday Spezia v Lazio (6pm), Juventus v Torino (9pm), Inter Milan v Bologna (7.45pm)

Sunday Verona v Cagliari (3.30pm), Parma v Benevento, AS Roma v Sassuolo, Udinese v Atalanta (all 6pm), Crotone v Napoli (9pm), Sampdoria v AC Milan (11.45pm)

Monday Fiorentina v Genoa (11.45pm)

While you're here
Our legal advisor

Rasmi Ragy is a senior counsel at Charles Russell Speechlys, a law firm headquartered in London with offices in Europe, the Middle East and Hong Kong.

Experience: Prosecutor in Egypt with more than 40 years experience across the GCC.

Education: Ain Shams University, Egypt, in 1978.

Updated: August 28, 2023, 5:31 AM