We often hear the word "integrity" as a characteristic that everyone should possess.
However, many of us don't stop and think about the exact meaning of this word, or how to apply it in our lives.
It's hard to define integrity because it's a somewhat subjective term. In his 1996 book Integrity, the Yale University law professor Stephen Carter states that possessing integrity requires three steps.
The first step is to slow down and discern what is right and what is wrong. Mr Carter notes that this step is often lost in a world increasingly concerned with speed. Second, a person should act on what has been discerned. Third, acting is not enough - a person should say openly that they are acting on their understanding of right from wrong, showing that the person is unashamed of acting on their moral reasoning.
Mr Carter's notion of integrity agrees with Islamic teachings, which commands us to do what's right and be proud of it. Having integrity is an important part of our religion. The Arabic word for integrity, nazahah, means doing the right thing regardless of the situation. People who hold this characteristic abstain from doing wicked acts.
Integrity is a concept that should be included in every part of our lives. We should practise integrity in everything we do or say - not just at home or when we're at the mosque.
One of the most important areas that requires integrity is in education, since it's the foundation of our intellectual standards. Education is the first step towards living our lives and working for the benefit of our society. Therefore, we, as Emiratis, should act with integrity during every part of our learning process.
Unfortunately, many students don't think about integrity when they go to their schools or universities. In reality, we have corruption - the opposite of integrity - among some students. Corruption, according to Mr Carter, is "getting away with things we know to be wrong". This means that we do some wrong things even though we know in our hearts that we shouldn't.
Many students know that they are doing something wrong - cheating - but they still do it to get their grades. Some cheat on their exams by taking a peek at their classmates' answers. Other students apparently pay money for specialists to do their assignments and projects for them. They make excuses, saying that they can cheat just a little, just once, to help their friends.
All of this is cheating, the worst form of educational corruption.
If everyone followed the same path in attaining an education and having an undeserved degree, then our collective actions would have a devastating impact on our society. Imagine if a doctor bought his medical degree and then went to work in our hospitals. What kind of medical malpractice mistakes would we face?
The negative behaviour among some students can have a huge impact on our society. Because of it, we could have new graduates who are not actually capable of working. In addition, this practice makes it hard to differentiate between those who deserve a new position and those who don't. It also makes it tough for employers to determine who is the right person for the right job. As a result, cheating negatively affects our lives.
This is a serious problem that needs to be addressed. Parents should teach their children to practise integrity in every part of their lives, at home and at school. They should demand that their children behave in a manner that agrees with their words. Students should start practicing integrity in everything they do and accept that cheating won't help them learn anything.
Let's all promise to try to lead a life of integrity - our society would benefit from it.
Ayesha Almazroui is a student majoring in journalism in the College of Communication and Media Sciences at Zayed University
Our Time Has Come
Alyssa Ayres, Oxford University Press
Killing of Qassem Suleimani
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'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
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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.”
Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi
Yadoo’s House Restaurant & Cafe
For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.
Golden Dallah
For the cappuccino, luqaimat and aseeda.
Al Mrzab Restaurant
For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.
Al Derwaza
For the fish hubul, regag bread, biryani and special seafood soup.
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Director: Amith Krishnan
Rating: 3.5/5
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Business Insights
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
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Price: From Dh250,000 (estimated)
The view from The National
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
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Citadel: Honey Bunny first episode
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Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
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