• Parents see off their children off to classes for the first time since March in August 2020. Chris Whiteoak / The National
    Parents see off their children off to classes for the first time since March in August 2020. Chris Whiteoak / The National
  • Naividh Pillai, aged 3, looks a little bewildered as he arrives for his first day at Gems Wellington Academy with sister Alaikha and parents Meera and Deepesh. Antonie Robertson / The National
    Naividh Pillai, aged 3, looks a little bewildered as he arrives for his first day at Gems Wellington Academy with sister Alaikha and parents Meera and Deepesh. Antonie Robertson / The National
  • Gems Wellington Academy in Al Khail opens for the start of the school year. Antonie Robertson/The National
    Gems Wellington Academy in Al Khail opens for the start of the school year. Antonie Robertson/The National
  • Gems Wellington Academy in Al Khail opens for the start of the school year. Thermal monitors at the entrance scan people for signs of fever or high temperature. Antonie Robertson/The National
    Gems Wellington Academy in Al Khail opens for the start of the school year. Thermal monitors at the entrance scan people for signs of fever or high temperature. Antonie Robertson/The National
  • Gems Wellington Academy in Al Khail opens for the start of the school year. Antonie Robertson / The National
    Gems Wellington Academy in Al Khail opens for the start of the school year. Antonie Robertson / The National
  • A pupil wearing a colourful face shield arrives at Horizon International School in Dubai on Sunday. Chris Whiteoak / The National
    A pupil wearing a colourful face shield arrives at Horizon International School in Dubai on Sunday. Chris Whiteoak / The National
  • A mother helps her son sanitise his hands as he arrives at Horizon school. Chris Whiteoak / The National
    A mother helps her son sanitise his hands as he arrives at Horizon school. Chris Whiteoak / The National
  • Children arrive for school at Horizon International School in Dubai. Chris Whiteoak / The National
    Children arrive for school at Horizon International School in Dubai. Chris Whiteoak / The National
  • Children arrive for school at Horizon International School in Dubai. Chris Whiteoak / The National
    Children arrive for school at Horizon International School in Dubai. Chris Whiteoak / The National
  • A pupil gets her temperature checked at the entrance of Al Mizhar American Academy. Shruti Jain for The National
    A pupil gets her temperature checked at the entrance of Al Mizhar American Academy. Shruti Jain for The National
  • Pupils return to Al Mizhar American Academy in Dubai. Shruti Jain for The National
    Pupils return to Al Mizhar American Academy in Dubai. Shruti Jain for The National
  • A staff member assists a pupil as Al Mizhar American Academy. Shruti Jain for The National
    A staff member assists a pupil as Al Mizhar American Academy. Shruti Jain for The National
  • Tarryn Patel, a homeroom teacher from South Africa, attends to her grade 1 pupil at Al Mizhar American Academy. Shruti Jain for The National
    Tarryn Patel, a homeroom teacher from South Africa, attends to her grade 1 pupil at Al Mizhar American Academy. Shruti Jain for The National
  • Pupils are spaced apart at the cafetaria at Al Mizhar American Academy. Shruti Jain for The National
    Pupils are spaced apart at the cafetaria at Al Mizhar American Academy. Shruti Jain for The National

Back to school: Parents and pupils excited at return of in-person lessons


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The first day back at school is typically marked by teary goodbyes, as nervous pupils cling to their parents and refuse to let go.

But this year there were few tears, as pupils aged three to 18, walked back happily into classrooms albeit metres apart and in neat socially-distanced queues.

Hundreds of thousands of pupils started returning to schools in the UAE today after months of distance learning.

Schools closed in March to curb the spread of Covid-19, while parents stepped in to help children navigate distance learning.

Abu Dhabi and Sharjah are to stagger the return to classes, while in Dubai all schools can open from Sunday.

About 200 pupils returned for in-person classes at American Academy for Girls in Al Mizhar, Dubai.

Shaikha Amiri, an Emirati mother of a six-year-old, said her daughter was excited to be back.

"My daughter has been studying online since March and I thought she needed face-to-face classes," said Ms Amiri.

"When she was studying remotely, it was difficult as I had to spend a lot of time teaching my child."

Ghada Eid, an Egyptian stay-at-home mother at the same school, said: "My five-year-old daughter is in kindergarten and is excited to be back at school.

My daughter hasn't seen any of her friends
since March and is so happy to be in the classroom

"She hasn’t seen any of her friends since March so she is happy to be in the classroom.

"Being in school for in-person lessons is important, especially at this age as the children want to interact."

It was also a busy morning at Horizon International School in Dubai. The school has about 1,100 pupils enrolled in foundation, primary and secondary, of which ninety-two per cent will be re-joining campus in phases this week. Isaam Shibany said his daughter Layla, a foundation stage two pupil, had been eager to return to classroom learning.

"I think she’s had enough of staying at home," he said. "We do trust the process the school has taken to keep the children and staff safe."

More than 800 pupils have chosen to return to school over e-learning at Brighton College Abu Dhabi – this is about 76 per cent of the pupils who were eligible to return.

Abu Dhabi, United Arab Emirates, August 30, 2020. Children return to school on Sunday after months off due to the Covid-19 pandemic at the Brighton College, Abu Dhabi. -- Stephen Haw and sons, Hugo, nine and Hector, seven. Victor Besa /The National Section: NA Reporter: Haneen Dajani
Abu Dhabi, United Arab Emirates, August 30, 2020. Children return to school on Sunday after months off due to the Covid-19 pandemic at the Brighton College, Abu Dhabi. -- Stephen Haw and sons, Hugo, nine and Hector, seven. Victor Besa /The National Section: NA Reporter: Haneen Dajani

Stephen Haw, a father of four, whose sons were allowed to return to school, said it was "an absolute relief, I’ve got balloons out, we are having a party".

The 42-year-old Briton dropped his son Hugo, 9, and Hector, 7, to Brighton College Abu Dhabi on Sunday.

“It’s way better than e-learning,” said Hugo. "[but] I am not OK with this mask, it makes me sweat like crazy."

His younger brother Hector was as excited to be back.

"I am going to have fun, say hi to my friends and ask my teacher questions," said Hector.

He said he "hated" e-learning because it was "stressful and really hard".

Also at Brighton, Anna Ascher, a mother of four, said she had to buy a treadmill to let her children release their energy during the stay-at-home period.

"Each had a slot of at least 20 minutes and it had to be on speed six and above, just walking was not enough," said the 46-year-old housewife from New Zealand.

Only two of her sons Johnny, 9, and Tommy, 5, were able to return to school on Sunday. Her 11-year-old and three-year-old had to continue studying from home for now.

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

What is Folia?

Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.

Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."

Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.

In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love". 

There are also plans to take Folia to several more locations throughout the Middle East and Europe.

While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

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.”

The Cairo Statement

 1: Commit to countering all types of terrorism and extremism in all their manifestations

2: Denounce violence and the rhetoric of hatred

3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC  

4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.

5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.

6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security

Recent winners

2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.