DUBAI // A university aims to train both the old and a new generation of hospitality and tourism staff when it opens its doors next month in the Ras al Khaimah free trade zone.
Emirates MCC University would fill “a gap in the market” said its chairman, Tissan Thachankary. He hoped the institute would draw lower and middle-class students who might not otherwise be able to afford university.
Thanks to the low cost of launching in RAK, undergraduate and postgraduate students will pay just Dh20,000 a year. Those studying for a diploma will pay Dh18,000. The rival Vatel International Business School of Hotel and Tourism Management, also in RAK, charges Dh25,000 a year for undergraduates and Dh29,000 for postgraduates.
Whether staff worked “behind the curtain or in front”, better training and qualifications would benefit everyone, said Mr Thachankary. Hotels would have better locally trained staff and extra qualifications would help staff move to better jobs.
He expected many students would already have jobs in tourism, from housekeeping to management. Their work would give them practical credits towards their qualifications. “Eighty per cent of learning happens in the workplace, not in universities, so work integrated learning has to be part of our education. There are many experienced people with a lot of knowledge working in the industry but without any kind of certification, which they need for mobility.”
The university, accredited by the Indira Gandhi National Open University (IGNOU) in India, is part of the Munnar Catering College in Kerala. Students will have a chance to gain international experience during work placements in hotels there.
Although the MCC’s rival already works with local hotels such as the Hilton and Cove Rotana, Mr Thachankary said he had no worries about attracting students locally and from India. He said the reputation of IGNOU as well as the many jobs and better pay in the UAE made the project feasible.
“RAK is an upcoming destination so it makes sense for us to be part of that,” he said.
Youssouf Taher, the assistant head of human resources at the Cove Rotana, said there was a need for locally trained staff across the board.
“The students would have a very strong knowledge of the culture and the standards that the people living in the country are looking for,” he said.
Elena Shevchenko, who teaches tourism management at the St Petersburg University of Engineering and Economy, which has a branch campus in Dubai’s Knowledge Village, bemoaned the shortage of staff with UAE experience.
“People working here really need to be trained here,” she said. “Many have been trained in Europe, where it’s very different. It’s much more about developing personal relationships in the UAE.”
Middlesex University Dubai, a branch of the UK university, offers an international tourism bachelor’s degree. The three-year course has 80 students.
The university’s director, Raed Awamleh, said demand had dwindled, perhaps because the global economic slowdown had hit tourism hard. He also suggested these kinds of programmes were more popular with the more industry-focused vocational colleges.
He said: “The programme has been growing consistently. However, over the past two years, the rate of growth has, on average, been lower than in other areas, such as psychology or media.”
Universities do not need federal accreditation to open in the RAK free trade zone, although some have chosen to do so, and unlike in Dubai, there is no regulatory authority.
mswan@thenational.ae
Successful campuses
Indian universities in the Emirates have had mixed fortunes. Manipal, at Dubai International Academic City, launched in 2000 and now has more than 1,600 students, making it one of Dubai’s biggest and most successful campuses.
Likewise, BITS, Pilani – Dubai (BPD) is the branch campus of its Indian counterpart. Also established in 2000 and specialising in engineering, it now has about 1,700 students.
The University of Pune has grown steadily since it opened in RAK in 2009, and plans to expand further still.
Others, though, have floundered, often because their links with their home campuses are somewhat tenuous.
In Dubai, the University Quality Assurance International Board (UQAIB) issues licences for universities. One of its conditions is that branch universities have to show that their courses, lecturers and entry requirements are as good in Dubai as at the home campus. Where the links are loose or unclear, that can be difficult.
Last year, the Mahatma Gandhi University (MGU) had to move its 300 students from Dubai Knowledge Village to Ras al Khaimah after UQAIB found it did not meet these requirements. The Universal Empire Institute of Medical Sciences also moved last year after trouble with UQAIB.
The RAK Free Trade Zone has no equivalent regulator, with universities accredited by the Ministry of Higher Education and Scientific Research automatically being granted licences.
* Melanie Swan
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
FROM%20THE%20ASHES
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Syria squad
Goalkeepers: Ibrahim Alma, Mahmoud Al Youssef, Ahmad Madania.
Defenders: Ahmad Al Salih, Moayad Ajan, Jehad Al Baour, Omar Midani, Amro Jenyat, Hussein Jwayed, Nadim Sabagh, Abdul Malek Anezan.
Midfielders: Mahmoud Al Mawas, Mohammed Osman, Osama Omari, Tamer Haj Mohamad, Ahmad Ashkar, Youssef Kalfa, Zaher Midani, Khaled Al Mobayed, Fahd Youssef.
Forwards: Omar Khribin, Omar Al Somah, Mardik Mardikian.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Directors: Ramin Bahrani, Debbie Allen, Hanelle Culpepper, Guillermo Navarro
Writers: Walter Mosley
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The specs
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Best average: 16.36 – Andrew Tye
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Best strike-rate: 12.83 – Andrew Tye
Best strike-rate in an innings: 1.50 – Suresh Raina (for Chennai Super Kings against Rajasthan Royals in 2011)
Most runs conceded in an innings: 70 – Basil Thampi (for Sunrisers Hyderabad against Royal Challengers Bangalore in 2018)
Most hat-tricks: 3 – Amit Mishra
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$1,000 award for 1,000 days on madrasa portal
Daily cash awards of $1,000 dollars will sweeten the Madrasa e-learning project by tempting more pupils to an education portal to deepen their understanding of math and sciences.
School children are required to watch an educational video each day and answer a question related to it. They then enter into a raffle draw for the $1,000 prize.
“We are targeting everyone who wants to learn. This will be $1,000 for 1,000 days so there will be a winner every day for 1,000 days,” said Sara Al Nuaimi, project manager of the Madrasa e-learning platform that was launched on Tuesday by the Vice President and Ruler of Dubai, to reach Arab pupils from kindergarten to grade 12 with educational videos.
“The objective of the Madrasa is to become the number one reference for all Arab students in the world. The 5,000 videos we have online is just the beginning, we have big ambitions. Today in the Arab world there are 50 million students. We want to reach everyone who is willing to learn.”
The specs
Engine: 3.0-litre 6-cyl turbo
Power: 374hp at 5,500-6,500rpm
Torque: 500Nm from 1,900-5,000rpm
Transmission: 8-speed auto
Fuel consumption: 8.5L/100km
Price: from Dh285,000
On sale: from January 2022
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Ponti
Sharlene Teo, Pan Macmillan
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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