Emirati pupils need more help to pass an English-language exam needed for university admissions.
The Federal National Council on Tuesday heard pupils talented in many other subjects found the Emirates Standardised Test (Emsat) difficult.
Emsat is a national system of standardised computer-based tests that pupils in Grade 12 need to take for admissions to UAE's public and private universities.
The exam assesses preparedness for tertiary education and it is also required for scholarship and post-graduate studies.
Universities in the UAE teach in English.
FNC member Adnan Al Hammadi, said the number of Emirati pupils admitted to UAE universities had dropped from 16,000 in 2017 to 12,000 last year, with the poor scores in tests playing a role in this reduction.
He suggested some pupils could prepare for the test while doing National Service.
“There should be more preparation courses, instead of waiting [for them to fail] and then doing support sessions," said Mr Al Hammadi.
“Why not make use of the time they spend in National Service to train them for Emsat?”
The Minister of Education, Hussain Al Hammadi, said pupils had access to online learning platforms while doing their service.
“There are volunteer teachers who assist in tutoring as well," said Mr Al Hammadi. "But we cannot hold classrooms on site [as the member suggested] because they have to undergo a certain training schedule at National Service.”
The FNC member also called for more testing centres across the country to improve access.
But Mr Al Hammadi said there were examination halls at 56 private and public universities and 200 training centres. The minister said seating capacity was reduced because of social-distancing measures adopted during the pandemic.
"They had to limit the capacity by 50 per cent,” he said. "But we have come a long way. Before we were only relying on public universities.”
Concerns about Emsat were also raised by FNC member Sabreen Al Yamahi, who said she knew of a pupil who scored high in several subjects but could not pass the English test.
She said many bright young Emiratis "are sitting at home not able to enrol in university because of this exam".
She said they enjoy high qualifications in many other subjects and should not be deprived of higher education because of the English language.
Mrs Al Yamahi also raised concerns about reduced Islamic and Quran classes at some UAE schools.
She said some had become "summarised" – meaning they had been cut back because of Covid-19 pressures on learning times.
"This could lead our children to extremism as they start to look for information elsewhere and end up learning from non-credible online sources," she said. She said the Quran recitation subject has also been cancelled at public schools.
“Studying the Quran is very important. It strengthens the memory, builds the character, improves fluency and eloquence. I wish that the ministry would focus on this subject.”
The Education Minister said the subject was still being taught through virtual classrooms. "We have 70,000 pupils learning tilawah [Quran recitation] online."
He said that the UAE’s Islamic studies curriculum is balanced and strong and has gained the praise of education officials worldwide.
“We’ve even had requests from other countries, such as Spain, to translate it to their native languages and teach it there,” he said.
But he admitted that the content might have been "summarised" of late because of the pandemic.
Another member, Naama Al Mansouri, suggested Islamic studies could be held more than once a week. “And in some schools they cancelled the sinaa’ [local values] subject,” she said.
She said the subjects were important to the upbringing of young Emiratis.
Mr Al Hammadi said some subjects were limited because of Covid-19 but he said everything would be back to normal once the pandemic was over.
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.”
Bio
Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind.
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.
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