I am writing with regards to the report on private schools (Adec announces weak private schools banned from registering new pupils, May 30). I am happy that these schools will now have to face the reality of their performance.
I am especially concerned about the types of teachers that many schools hire because I feel that they select teachers according to whomever will accept the lowest wage. This is not a good way to select teachers for our schools.
Last week, I received an offer letter from one school but I was told that I would only be able to begin in September.
Before I could even consider the offer, the school told me that they will give the job to someone else. Given my qualifications, I can only assume that they found someone that would perform the tasks for a lower wage.
Marinna Anca, Dubai
Al Ain English, Global and Sunflower? Good and affordable options for schooling are decreasing.
Rolleareu Pretorius, Dubai
Bring back paper bags
I agree with the views of your readers regarding plastic bags (People should pay Dh1 for plastic bags in the UAE, says Green Sheikh, May 30).
Can we also do something about recycling plastic bottles please?
Leeson Shauna, Dubai
Supermarkets or grocery store staff get upset if customers insist on carrying their own bags for vegetables.
Prachiti Talathi, Dubai
Can supermarkets please use recycled paper bags for fruit and vegetables? Those plastic ones need to go.
Louise Halmkan Slantenburg, Dubai
It make me so angry when I see people putting just one item in a bag and then getting another to put just one item in.
Louise Millington, Abu Dhabi
We always pay at shops for paper or plastic bags when we do our shopping.
Mohammed Suhail, Dubai
The wild population of camels is down 50 per cent due to plastic bags.
Rjj Saraiva, Dubai
Does that mean that, instead of chewing gum, we will be given plastic bags in lieu of change the shops don’t have?
Simon Buckerfield, Dubai
I find over-packaging a huge problem. Bring back the brown paper bag.
Margaret Duce, Abu Dhabi
Brown paper bags are not as biodegradable as people think. The tax is a step forward.
Jane Rutherford, Abu Dhabi
The meaning of Ramadan
Ramadan is all about spirituality (The true meaning of the holy month, May 28). It is the month of fasting and recitation of the Holy Quran that was revealed during this auspicious month – the month of Tahajjud (night prayers) and Qiyam Al Lail (night vigils), Taraweeh prayers, Sadaqah (charity), Zakat Ul Fitr (alms giving) and so on. Also, it is the month of social activities among Muslims. During this time, the lifestyle of Muslims undergoes a dramatic change, with the nights wearing a festive look. The whole pattern of private and public life is transformed along with timings for schools, universities and the workplace in the Islamic world. The spiritual fervour of Ramadan supersedes all other activities throughout the year. No one can explain the happiness unless he seeks the blessings of this holy month day and night.
A Muslim, while fasting, experiences the aesthetic pleasure of Almighty Allah’s proximity and the joy of divine blessings. The feeling thus instils the willpower in the believers to lead a life of contentment, filled with Allah’s remembrance and ever responsive to his divine commandments.
A Muslim who fasts experiences feelings of great spirituality and a profound sense of exaltation. He is sure of himself and is confident of moving towards perfection, because he consciously musters all his senses to direct his willpower to serve and please his creator.
Fasting is not confined to one’s inner self alone, but it also has its social effects in influencing the community as an integrated whole. A fasting community enjoys all the benefits resulting from obedience to the Almighty. It is a society almost free of crime, jealousy, gossip and hatred.
A society that asserts its supremacy over the materialistic world and feels proud of its adherence to spiritual values. It is among the wonderful aspects of Islam. We wish all Muslims around the globe a blessed Ramadan.
Samaoen Osman, South Africa
KEY HIGHLIGHTS
Healthcare spending to double to $2.2 trillion rupees
Launched a 641billion-rupee federal health scheme
Allotted 200 billion rupees for the recapitalisation of state-run banks
Around 1.75 trillion rupees allotted for privatisation and stake sales in state-owned assets
ESSENTIALS
The flights
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes.
Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
SUZUME
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MATCH INFO
Manchester United v Brighton, Sunday, 6pm UAE
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Abu Dhabi racecard
5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m
Schedule:
Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore
The biog
Name: Samar Frost
Born: Abu Dhabi
Hobbies: Singing, music and socialising with friends
Favourite singer: Adele
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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.”
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
TO%20CATCH%20A%20KILLER
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The biog
Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
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