More Arab scientists needed: panel



DUBAI // More young people in the Arab world should be steered toward careers in science in order to advance the Middle East.

That was the consensus of a panel of experts on Wednesday at a BBC World Service debate at the American University of Sharjah.

The debate, part of the Belief in Dialogue conference organised by the British Council in partnership with the university, highlighted the importance of science and free thinking while taking note of the reasons behind the "period of decline" that panellists said took place during the past two centuries.

"I would like to talk about the last period of decline, the past 200 years ... one of the factors is loss of freedom of thinking and freedom of opinion," said Rana Dajani, an assistant professor of molecular biology at the Hashemite University in Jordan.

"Because of the government that controlled the different elements in the Middle East, Arab world and Muslim world, there was colonisation and this helped create dictatorships, which stopped people from thinking."

Dr Dajani said this filtered down to the different sectors of the community socially and scientifically, thus impeding the Islamic world from making strides in science as it had in its glory days before the 1600s.

For example, the 9th-century Muslim inventor Abbas ibn Firnas invented the world's first flying machine, and glided briefly over southern Spain. Ibn Al Shatir of Damascus had theories along the lines of those developed by the astronomer Copernicus - but the Muslim was a century earlier. The Iranian polymath Muhammad ibn Musa Al-Khwarizmi introduced the decimal point, and was a pioneer of algebra - his name provided the word "algorithm".

Nidhal Guessoum, a professor of physics at the University of Sharjah, acknowledged that in the past half-century, parts of the Arab Muslim world had fallen under autocratic rule, but said that was slowly changing. "Most of the intellectuals and scientists did not rebel against that system, but now ... there are revolutions taking place and fundamental changes to society."

Dr Guessoum said the emergence of civil society and the extraordinary power of social media had led to this change, and young people were now finding out that they no longer needed to adhere to old forms of thinking.

"Change is coming ... what we want is to change the mentality of students, not necessarily to change what they believe in but at least to challenge them to reconsider their predisposed thoughts and prejudices so that they can form their own opinion," said Dr Dajani.

Dr Guessoum said the Arab world needed more scientists.

"I spent about five years with the Ministry of Education here in the UAE reformulating and going over all the textbooks from Grade 1 to Grade 12 ... because we need more critical thinking.

"Then we realised that the teachers are not trained properly and that society is not giving science any real exposure," he said.

Dr Sheikha Al Shamsi, the school accreditation department director at the Ministry of Education, said the UAE is making strides toward more scientific thought in education, but agreed that more needed to be done.

"This is a global issue, one that is not unique to the UAE," she said. "The reforms started years ago."

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The years Ramadan fell in May

1987

1954

1921

1888

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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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What is the FNC?

The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning. 
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval. 
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
 

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.