Dubai, UAE - February 15, 2010 - Students leaving school at Pakistan Academic Academy. (Nicole Hill / The National)
Some schools say the inspections do not account for value for money.

Pakistani schools fail test



DUBAI // Two out of the three Pakistani-curriculum schools in Dubai do not meet the minimum standards, the emirate's schools regulator disclosed yesterday. In the same report, the regulator said not one of 20 Indian schools it inspected was awarded its highest rating. It was the first time that the Knowledge and Human Development Authority (KHDA) had inspected Indian- and Pakistani-curriculum schools, which, with almost 60,000 pupils, have about a third of the emirate's pupils. They were not included in the first round of inspections in 2009.

Lessons in Pakistani schools were "poorly planned and time is not used productively", the report said. Teachers "lack appropriate skills, qualifications and experience" and had "minimal training opportunities, poor contractual arrangements and weak management support". About seven of 10 lessons observed in Pakistani schools were judged to be unsatisfactory and serious health and safety problems were found.

A fourth Pakistani school, which is due to close this year, was not inspected. Only about one in seven Indian-curriculum schools was judged unsatisfactory. By comparison, among the schools inspected last year - which included private and public schools - one in eight was deemed to be unsatisfactory. No Indian school was ranked "outstanding", the top score awarded by inspectors. Seven achieved the second-highest mark, "good". Ten were deemed to be only "acceptable". The single Pakistani school that was not judged "unsatisfactory" was also found to be "acceptable".

Schools given an unsatisfactory rating will receive regular follow-up visits by KHDA inspectors every three months to determine if the authority's recommendations are being carried out. While school administrators generally welcomed the inspections, some said the bar was set too high for schools that were often community-based and charged low fees. "This round of inspections continues our mission to provide evidence-based data about all of our schools in Dubai so that we know where we stand," said Dr Abdulla al Karam, the director general of the authority.

Only four schools were judged to be "outstanding", all high-priced private institutions offering the British curriculum, with fees for grade 12 upwards of Dh50,000 (US$13,000). The most expensive Indian school, Dubai Modern High School, which achieved a rating of "good", charges Dh27,000. The standard of Arabic instruction, which has become a priority for the KHDA, was one of the reasons schools lost points that ultimately led to the lack of an outstanding rating.

"This year we raised the bar for all the schools in Dubai and it includes the Indian schools," said Jameela al Muhairi, the head of Dubai School Inspections Bureau. According to the report, pupils generally demonstrated a strong desire to learn, and were "highly motivated and conscientious", often excelling in English and mathematics. Results were mixed for the UAE's largest private school operator, GEMS Education, which educates nearly half the Indian and Pakistani children in Dubai. Of its six Indian schools, three were ranked "good" while the other three were "acceptable".

Richard Forbes, the director of marketing and communications for the group, said the rankings did "not entirely" portray GEMS Indian schools accurately. "The inspection system is new and we expect KHDA to iron out inconsistencies over time," he said. Rasul Syed Mirza Ghalib, the principal of the Central School, said he was happy with the way inspections were conducted. "For Indian and Pakistani schools, there were inspectors from the respective land," he said. "They know what is happening there and what is happening here. They are the right people to inspect."

However, several principals said the KHDA had set standards difficult to achieve for schools that catered to low-income families. Rafiq Rahim, the principal of Al Majd Indian School, which scored "unsatisfactory", said: "All the schools cannot be tried with a single criteria. "We are charging school fees normally from maybe 250 to 350 [dirhams per month]. Within this range of fee structure what facilities that can be provided are provided."

Tabinda al Ghizala, the principal of the Pakistani Education Academy, which ranked "unsatisfactory" said she hoped the KHDA would help schools with limited resources to make improvements. She said her school generated very little income from school fees, which ranged from Dh3,366 to Dh4,797. Mr Forbes broadly agreed. "Schools with lower fee structures cannot attract the investment they require and the KHDA needs to address this," he said.

"We do not believe subsidies are necessary, but we suggest KHDA consider introducing improvement grants for schools with acceptable performance and high parental demand." Lamiya Aslam, a mother of three pupils at Al Majd Indian School, which received an unsatisfactory rating, said she was not upset by the score because the school was affordable. "The playground is a bit small but you also have to see the fee structure," she said. "You can't have everything."

Mrs Aslam pays about Dh500 per month in fees for each of her three children. "The inspections are good but they have to keep everything in mind," she said. Mrs Aslam said she was satisfied by the teachers and their methods. It was unfair for Indian schools to be held to the same standard as more expensive ones, she added. "We are happy with the school," said Jamal Luddin, a father of two at Al Majd.

Ashu Bansar, who has two children at Dubai Modern High School, said the KHDA should limit fee increases and encourage schools to spend more on improving their quality of teaching instead of unnecessary facilities. Last year, the KHDA linked fee increases in private schools to their performance in inspections. The authority is again in talks with the Ministry of Education to decide the fees policy for the coming academic year.

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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.

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“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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Aghadan Alqak (Would I Ever Find You Again)?

Would I ever find you again
You, the heaven of my love, my yearning and madness;
You, the kiss to my soul, my cheer and
sadness?
Would your lights ever break the night of my eyes again?
Would I ever find you again?
This world is volume and you're the notion,
This world is night and you're the lifetime,
This world is eyes and you're the vision,
This world is sky and you're the moon time,
Have mercy on the heart that belongs to you.

Lyrics: Al Hadi Adam; Composer: Mohammed Abdel Wahab

Newcastle United 0 Tottenham Hotspur 2
Tottenham (Alli 61'), Davies (70')
Red card Jonjo Shelvey (Newcastle)


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