• Sheikh Hamed bin Zayed, managing director of Abu Dhabi Investment Authority, welcomes Prof Pasi Sahlberg from the University of Melbourne to Majlis Mohamed bin Zayed at Al Bateen Palace, with moderator Dr May Laith Al Taee, vice chancellor of Emirates College for Advanced Education, in the centre. All photos: UAE Presidential Court
    Sheikh Hamed bin Zayed, managing director of Abu Dhabi Investment Authority, welcomes Prof Pasi Sahlberg from the University of Melbourne to Majlis Mohamed bin Zayed at Al Bateen Palace, with moderator Dr May Laith Al Taee, vice chancellor of Emirates College for Advanced Education, in the centre. All photos: UAE Presidential Court
  • Sheikh Hamed bin Zayed, second left, Sara Awad Issa Musallam, Minister of State for Early Education, third left, Ahmed Al Falasi, Minister of Education, right, and other dignitaries listen to Prof Sahlberg's lecture at Majlis Mohamed bin Zayed
    Sheikh Hamed bin Zayed, second left, Sara Awad Issa Musallam, Minister of State for Early Education, third left, Ahmed Al Falasi, Minister of Education, right, and other dignitaries listen to Prof Sahlberg's lecture at Majlis Mohamed bin Zayed
  • Pasi Sahlberg, professor of educational leadership at the University of Melbourne, delivers his lecture
    Pasi Sahlberg, professor of educational leadership at the University of Melbourne, delivers his lecture
  • Prof Pasi Sahlberg at Majlis Mohamed bin Zayed with moderator Dr May Laith Al Taee
    Prof Pasi Sahlberg at Majlis Mohamed bin Zayed with moderator Dr May Laith Al Taee
  • Audience members at Prof Sahlberg's presentation
    Audience members at Prof Sahlberg's presentation
  • Sheikh Hamed bin Zayed and other dignitaries during the lecture
    Sheikh Hamed bin Zayed and other dignitaries during the lecture

Majlis Mohamed bin Zayed: Digital technology has changed education landscape


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There has been a steady decline in the role of schools in children's education over the past 25 years, a leading expert said.

The changing landscape means children currently learn most knowledge and skills from media and digital technology, said Pasi Sahlberg, an author and professor of educational leadership at the University of Melbourne.

He spoke at the Majlis Mohamed bin Zayed in Abu Dhabi this week in a lecture titled Parents as Partners in Education.

Prof Sahlberg said it was crucial for parents to play an active role in their children’s education.

“Students today can acquire most of the knowledge and skills that were once exclusively taught in schools through alternative means, such as media and digital technologies," he said.

In many countries, informal learning outside traditional school hours has become an integral part of education.

"Students can increasingly earn credits for independently acquiring knowledge and skills recognised by their schools and education authorities," Prof Sahlberg said.

The change has also widened the disparity in educational outcomes between children from lower and higher-income families, he said.

New digital frontier

“Research conducted in Australia and Canada has revealed varying parental approaches to their children's use of digital media and technologies, influenced by socioeconomic circumstances," Prof Sahlberg said.

“In Australia, on average one third of parents permit their children to bring smartphones to bed every night, with this percentage rising to half in lower-income families.

"Students struggling in school are most likely to take their digital devices to bed with them every night.”

He said parents should become more involved in their child's education, rather than confiscating their digital devices.

He also said schools have put more focus on children's well-being and mental health.

“It takes a village to raise a child,” he said.

“The nature of school education is rapidly changing due to an uncertain world.

"While strengthening partnerships between parents and teachers, it is important to remember that schools alone can’t figure out what the future of schooling looks like.

"New kinds of partnerships between parents, schools and the community are needed to make sure all children everywhere have the best possible education. They must thrive and prosper in the future.”

He was speaking in the latest Majlis Mohamed bin Zayed, which regularly hosts prominent figures, including renowned authors, scientists and educators.

Paraphrasing a famous quote from former US president John F Kennedy, Prof Sahlberg said: “Ask not what your school can do for you, but what you can do for your school."

He said schools were traditionally responsible for giving children "knowledge and skills necessary for a good education and a prosperous life".

"Not long ago, schools were the primary places where youngsters acquired the knowledge required to succeed in the future," he said.

"During that era, parents played a crucial role in their children's overall education, including instilling values, shaping behaviour, promoting health and teaching various life skills for daily living.”

  • The British School Al Khubairat has long been considered one of the best in the country and its story began more than 50 years ago. Victor Besa / The National
    The British School Al Khubairat has long been considered one of the best in the country and its story began more than 50 years ago. Victor Besa / The National
  • Cranleigh has more than 150-year history in England and its Abu Dhabi site celebrates the many cultures in the country. Reem Mohammed / The National
    Cranleigh has more than 150-year history in England and its Abu Dhabi site celebrates the many cultures in the country. Reem Mohammed / The National
  • Pupils from Brighton College Abu Dhabi have gone on to study at the University of Oxford, Imperial College London, St Andrews, and Warwick University. Chris Whiteoak / The National
    Pupils from Brighton College Abu Dhabi have gone on to study at the University of Oxford, Imperial College London, St Andrews, and Warwick University. Chris Whiteoak / The National
  • Pupils at Jumeirah College have landed offers from prestigious universities, including Imperial College London, London School of Economics, the University of Oxford and University of Melbourne. Photo: Jumeirah College
    Pupils at Jumeirah College have landed offers from prestigious universities, including Imperial College London, London School of Economics, the University of Oxford and University of Melbourne. Photo: Jumeirah College
  • Jumeirah English Speaking School follows the UK curriculum and is one of the oldest schools in the emirate. The school has two branches — one in Al Safa 1 and the other in Arabian Ranches. Pawan Singh / The National
    Jumeirah English Speaking School follows the UK curriculum and is one of the oldest schools in the emirate. The school has two branches — one in Al Safa 1 and the other in Arabian Ranches. Pawan Singh / The National
  • The Swiss International Scientific School in Dubai is a bilingual international baccalaureate school that opened in 2015. Pawan Singh / The National
    The Swiss International Scientific School in Dubai is a bilingual international baccalaureate school that opened in 2015. Pawan Singh / The National
  • North London Collegiate School is one of Dubai's most expensive schools. Antonie Robertson / The National
    North London Collegiate School is one of Dubai's most expensive schools. Antonie Robertson / The National
  • The Repton School had an outstanding rating on DSIB inspection reports for six consecutive years, from 2014 up until 2020. Photo: Repton Dubai
    The Repton School had an outstanding rating on DSIB inspection reports for six consecutive years, from 2014 up until 2020. Photo: Repton Dubai
  • Dubai College is one of the oldest in the city and is often touted as one of the best in the emirate. Pawan Singh / The National
    Dubai College is one of the oldest in the city and is often touted as one of the best in the emirate. Pawan Singh / The National
  • As part of Nord Anglia Education's family, pupils have access to collaborations with MIT, The Juilliard School and Unicef. Photo: Nord Anglia International School Dubai
    As part of Nord Anglia Education's family, pupils have access to collaborations with MIT, The Juilliard School and Unicef. Photo: Nord Anglia International School Dubai
What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

Thanksgiving meals to try

World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.

Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as  well as festive food platters, canapes and both apple and pumpkin pies.

Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.

The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.

Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.

The schedule

December 5 - 23: Shooting competition, Al Dhafra Shooting Club

December 9 - 24: Handicrafts competition, from 4pm until 10pm, Heritage Souq

December 11 - 20: Dates competition, from 4pm

December 12 - 20: Sour milk competition

December 13: Falcon beauty competition

December 14 and 20: Saluki races

December 15: Arabian horse races, from 4pm

December 16 - 19: Falconry competition

December 18: Camel milk competition, from 7.30 - 9.30 am

December 20 and 21: Sheep beauty competition, from 10am

December 22: The best herd of 30 camels

Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat

Film: Raid
Dir: Rajkumar Gupta
Starring: Ajay Devgn, Ileana D'cruz and Saurabh Shukla

Verdict:  Three stars 

Teaching your child to save

Pre-school (three - five years)

You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.

Early childhood (six - eight years)

Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.

Middle childhood (nine - 11 years)

Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.

Young teens (12 - 14 years)

Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.

Teenage (15 - 18 years)

Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.

Young adulthood (19 - 22 years)

Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.

* JP Morgan Private Bank 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

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.”

The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Updated: September 23, 2023, 10:52 AM