Maha al Shamisi, a graduate of Al Ain Women's College, wants the chance to teach.
Maha al Shamisi, a graduate of Al Ain Women's College, wants the chance to teach.
Maha al Shamisi, a graduate of Al Ain Women's College, wants the chance to teach.
Maha al Shamisi, a graduate of Al Ain Women's College, wants the chance to teach.

Teaching candidates ready - and waiting


Daniel Bardsley
  • English
  • Arabic

ABU DHABI // Maha al Shamisi describes working in a government school as her "dream" job. But, eight months since she graduated from Al Ain Women's College with a bachelor's degree in education, she remains unemployed.

Instead of spending the working week using the skills she learned at college to educate the new generation of UAE nationals, the 35-year-old Emirati spends much of her time at home. Having heard of the experiences of other Emiratis with education degrees, Miss al Shamisi did not even apply for a job with the Abu Dhabi Education Council. She felt the system was stacked against her from the start. "All my friends before me [applied for teaching jobs] and each one didn't get anything," she said.

"My friends didn't get jobs even though they went through two interviews. So I thought, 'Why bother? Why do this if they will not hire me'?" During her course, Miss al Shamisi, who spent time studying medicine before deciding to enrol in teaching instead, worked in a government school. However, she sees little hope of being able to repeat the experience as an employee rather than a trainee. "[It is] our dream, we'd like to work in a government school, especially in a model school, because we had our training there," she said.

"But unfortunately, there's no chance for us now that they have their experiment in Al Ain where they're bringing in native English speakers. "You can say they're taking our jobs. There's no chance for us to work." Eight students graduated in Miss al Shamisi's class last year. Five of them, she said, now have jobs - but none in teaching. Michael O'Brien, the associate academic dean for education at the Higher Colleges of Technology, believes that the government cannot afford to leave these kind of hurdles in the path of Emiratis who want to teach.

"We have to make sure they're employed in a timely fashion so they don't get disenchanted and get jobs elsewhere," he said. "Some go off to other avenues in the private sector. They can earn much higher salaries by doing that rather than staying in teaching. "I believe if we have a process where they get employed as quickly as possible, we have a good chance of keeping them in the career." He said the Ministry of Education was expected to centralise its recruitment process, but it had not yet done so. As a result, much hiring was done by education zones at the emirate level - a slower process.

Often, zones have filled their quota of new recruits with expatriate Arab teachers by the time the Emirati students graduate, according to Mr O'Brien. Expatriate government school teachers typically earn between Dh7,000 (US$1,900) and Dh8,000 a month, far less than Emiratis, who are paid between Dh17,000 and Dh19,000. However, the difficulties some former HCT students have had in finding teaching jobs are not replicated at all institutions.

Dr Peggy Blackwell, the dean of the college of education at Zayed University, said she did not think her students had encountered "problems like that at all". "We did recruitment fairs last year with Adec and the Ministry of Education. My understanding is that the students who wanted to work, got jobs," she said. "They seemed to be very pleased with the students when they interviewed them." An Adec spokeswoman said Emirati teachers were not being squeezed out by native English speakers. She said Adec was looking to recruit more than 1,000 teachers as part of a 10-year strategic plan, so there were hundreds of places left for native Arabic speakers, including Emiratis, even after the 456 native English speakers were recruited.

"Adec has proactively sought out Emirati graduates as teachers by going to universities for recruitment," she said. "We don't know why they would feel like they're having difficulty because we're doing proactive Emiratisation." Adec was not hiring expatriate Arabs because they were cheaper than Emiratis, the spokeswoman added. Indicating Adec's enthusiasm for recruiting Emiratis, she said the organisation had signed a memorandum of understanding with Abu Dhabi Emiratisation Council to promote the hiring of UAE nationals.

No one at the Ministry of Education was available for comment. dbardsley@thenational.ae

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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Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

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