Mariam Al Ali, 22, electrical engineer for Mubadala’s satellite company, Yahsat. Ms Al Ali also volunteers as a mentor to young Emirati students as part of Mubadala’s various education programmes. Courtesy Yahsat
Mariam Al Ali, 22, electrical engineer for Mubadala’s satellite company, Yahsat. Ms Al Ali also volunteers as a mentor to young Emirati students as part of Mubadala’s various education programmes. Courtesy Yahsat
Mariam Al Ali, 22, electrical engineer for Mubadala’s satellite company, Yahsat. Ms Al Ali also volunteers as a mentor to young Emirati students as part of Mubadala’s various education programmes. Courtesy Yahsat
Mariam Al Ali, 22, electrical engineer for Mubadala’s satellite company, Yahsat. Ms Al Ali also volunteers as a mentor to young Emirati students as part of Mubadala’s various education programmes. Cou

Mubadala shaping future by guiding young Emiratis into science and engineering careers


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ABU DHABI // If it weren’t for the early intervention of Mubadala, Mariam Al Ali may have never become the electrical engineer she is today, working for a pioneering satellite company.

As a teenager, Ms Al Ali imagined herself as being self-employed in the arts in the future, maybe as a graphic designer. The thought of becoming an engineer never crossed her mind, until one day Mubadala, the Abu Dhabi investment and development company, offered her and other promising Emirati high school pupils a chance to travel to Singapore to tour its Global Foundaries.

“Before that, I had no idea what engineers were,” said Ms Al Ali. “Once I went to Singapore and saw what they did, I was really interested in it.”

The trip nudged her towards considering a career in a science, technology, engineering and maths (Stem) field and, as she approached graduation, Mubadala granted another opportunity that would change her life’s trajectory. She was offered the chance to be sent to university in the United States, as long as she agreed to enter a bachelor’s programme focused on a Stem subject.

Four years later, Ms Al Ali returned to the UAE armed with a bachelor’s degree in electrical engineering, ready to give back to the company that invested so much in her potential. She now works for Mubadala’s satellite operator, Yahsat, and volunteers as a mentor to Emirati students.

Ms Al Ali’s full circle was strictly by design, said Fatima Al Marzouqi, head of Mubadala’s education and training division.

“We target the new generation and we develop them to focus on stem and prepare them for sectors other than oil and gas,” said Ms Al Marzouqi. “We need to educate them, engage them, make them aware about these existing sectors and their need in order to get them inspired and interested to join this workforce.”

Mubadala, in partnership with Abu Dhabi Education Council, has awarded 80 scholarships to support Emirati students’ pursuit of an undergraduate degree in a Stem subject. But that is just one of a number of ways it is taking an active role in cultivating a culture of science, technology, engineering and maths among young Emiratis.

Working with Adec, the company has helped steer the public school curriculum towards more Stem subjects and deliver after-school programmes.

Each year, about 30,000 pupils from public and private schools take part in Mubadala-sponsored science programmes like lema in which children participate in workshops and stage shows to learn concepts in a “very fun way,” said Ms Al Marzouqi.

Mubadala also enlisted other aerospace, engineering and manufacturing partners such as Boeing, Airbus, BAE Systems and Lockheed Martin to offer programming to middle, high school pupils, university students and recent graduates.

For example, in The Little Engineer programme, Mubadala, Airbus and Adec stage aeronautics workshops for 250 pupils between the ages of 13 to 16, with a select few also chosen to get a first-hand look at the assembly of an Airbus A380.

“It’s just so different, it’s such a break from outside the classroom, and it’s really making them see how science works in our everyday lives,” public school teacher Jacinta Bradley said during a recent workshop. “The girls are talking about they will go down these career paths, be engineers, which is a lovely to see the turnaround.”

Once they enter university, students have the opportunity to spend a semester overseas interning with one of Mubadala’s business partners.

Recent Emirati graduates employed in the UAE’s aerospace industry can also take part in a professional bridge programme, such as the Space Fundamentals training offered by Mubadala, Lockheed Martin and the UAE Space Agency. The two-month programme took young Emirati professionals, including Ms Al Ali, to Florida, Colorado, and Washington DC where they saw how American satellites are built and launched, shadowing veteran engineers.

“There are numerous opportunities for our youth in the space industry and we are committed to providing them a platform to learn and grow,” said Mona Al Muhairi, chief human capital officer for Yahsat.

Ms Al Marzouqi said she believes Abu Dhabi is now “on track” in terms of promoting stem among youngsters.

“I can see a lot of people starting to be interested in this ... and I believe the family and the teacher have a big role,” she said. “They have to take them to museums, boot camps, encourage their kids. We help, we facilitate but the families have to play a big role.”

rpennington@thenational.ae

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Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EMascotte%20Health%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EMiami%2C%20US%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Bora%20Hamamcioglu%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EOnline%20veterinary%20service%20provider%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%241.2%20million%20raised%20in%20seed%20funding%3C%2Fp%3E%0A
F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

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.”

SCHEDULE

Thursday, December 6
08.00-15.00 Technical scrutineering
15.00-17.00 Extra free practice

Friday, December 7
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 1
15.30 BRM F1 qualifying

Saturday, December 8
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 2
15.30 Grand Prix of Abu Dhabi

The biog

Mission to Seafarers is one of the largest port-based welfare operators in the world.

It provided services to around 200 ports across 50 countries.

They also provide port chaplains to help them deliver professional welfare services.

Teachers' pay - what you need to know

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

Super Rugby play-offs

Quarter-finals

  • Hurricanes 35, ACT 16
  • Crusaders 17, Highlanders 0
  • Lions 23, Sharks 21
  • Chiefs 17, Stormers 11

Semi-finals

Saturday, July 29

  • Crusaders v Chiefs, 12.35pm (UAE)
  • Lions v Hurricanes, 4.30pm
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.