Rodger Iradukunda feels privileged to be starting life as a student at NYU Abu Dhabi after being educated in Zambia, where he lived as a refugee after fleeing the Rwandan genocide of 1994. Deepthi Unnikrishnan / The National
Rodger Iradukunda feels privileged to be starting life as a student at NYU Abu Dhabi after being educated in Zambia, where he lived as a refugee after fleeing the Rwandan genocide of 1994. Deepthi Unnikrishnan / The National
Rodger Iradukunda feels privileged to be starting life as a student at NYU Abu Dhabi after being educated in Zambia, where he lived as a refugee after fleeing the Rwandan genocide of 1994. Deepthi Unnikrishnan / The National
Rodger Iradukunda feels privileged to be starting life as a student at NYU Abu Dhabi after being educated in Zambia, where he lived as a refugee after fleeing the Rwandan genocide of 1994. Deepthi Unn

NYU Abu Dhabi provides hope for Rwandan genocide survivor


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ABU DHABI // Of all the students from around the world who have started at New York University Abu Dhabi this week, perhaps Rodger Iradukunda has had the toughest mission to get here.

For the 20-year-old Rwandan was just a baby when his family managed to escape the genocide in his home country by seeking asylum in Zambia.

The horror of 1994, when up to 1 million Tutsi and moderate Hutus were killed by members of the Hutu majority, is something that his father does not talk about.

Mr Iradukunda believes he is Hutu, but his father has told him not to worry about what he is.

“My parents tell us only bits and pieces, but when the war started my mum was at home with us and my dad at work,” he said. “They both had to leave and said to meet at the Congolese border, that’s when it started.”

From there, they fled to Zambia, where the family remained as refugees for years. After completing his schooling in Zambia, where he attended one of the country’s best prep schools and received top marks, he faced a struggle to find the funding to go to university.

He began preparing to apply to universities abroad to continue his studies but, unlike his friends with similar marks, he did not benefit from a government-sponsored scholarship.

“Zambians are very nice, my friends never made me feel like an outsider. Yes, my last name was odd, but they didn’t make a deal out of it,” Mr Iradukunda said.

Being a refugee meant that he could not get a scholarship from the Zambian government regardless of his grades, because the funding is reserved for nationals.

He applied for scholarships to universities in the US but received rejections and no financial assistance. He was left without an option to study abroad.

“I was so sad, for so long I couldn’t even watch American movies because it kept making me think I could have been that person,” he said.

Despite the setback, eventually he began to apply for university places again.

After being informed about NYUAD by a US embassy adviser, he took a chance and sent off an application.

The decision came shortly afterwards in an email inviting Mr Iradukunda to attend one of the universities’ candidate weekends, where they invite potential students for a weekend before making a final decision.

“When I received the email inviting me to come [to NYUAD], I was so excited. It was nice, but I knew I couldn’t afford it. But then I read to the bottom and it said in one line, ‘all expenses paid for’. It was a dream, I had never been treated like this,” Mr Iradukunda said.

However, his dreams were far from being realised. The first obstacle was that he did not have a passport. He requested that his candidate weekend invitation be postponed to give him some time to prepare travel documents.

He was aware that he would not be granted travel documents because the UN had invoked a “cessation clause” to Rwandan refugee status.

Mr Iradukunda had to plead to the local UN office to make an exception for him. But shortly after receiving the document he found out that the UAE does not recognise travel documents.

“It was like God didn’t want me to go, it was so disheartening. It’s one thing not to be able to go because of grades, but because of bureaucracy and governments.

“NYU told me they can’t do anything more and I became pessimistic,” Mr Iradukunda said.

His parents, however, decided to get in touch with the Rwandan government for the first time in almost two decades. They sent an application for his passport, asked that Mr Iradukunda’s uncle follow-it up and hoped for the best.

When news came that his passport was issued the day before the third and final candidate weekend for the year, Mr Iradukunda emailed NYU and a ticket was booked. He was on a flight four hours after receiving his passport.

“It was a dream. I had already missed two days, I didn’t sleep, I was there for less than 24 hours but it was amazing,” he said.

Shortly afterwards, he received the news of his acceptance into NYUAD on a scholarship and that he would start in autumn this year.

“Everything happens for a reason. Now I am here with so much diversity. Everyone here has a last name that is weird so it’s nice to feel like I’m a part of it,” he said.

“Growing up I felt like the odd one out. But now NYUAD, it’s so diverse that no one cares about your last name.” he said.

nalwasmi@thenational.ae

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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.”

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The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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