Teen life: Exam season is a testing time for Facebookers



Now that GCSE exams are just two weeks away, everyone in our year group has taken to walking around with an expression of profound dejection on their faces. Usually sunny teachers have grown unnerving, with their dispositions now sunnier than ever. They seem to rejoice in the knowledge that a hundred or so Year 10 pupils who have spent the whole year making their lives utterly miserable will now be getting a taste of their own medicine.

I know the teachers are happy to be getting their own back, but I object to their enjoying watching others suffer, however great the parties' mutual dislike. They are role models for us impressionable minds, after all. With exams around the corner have arisen novel revision techniques. People come to school and spend the whole day fretting about how little time they have to study at home, seeing that school takes about three-quarters of the day and "it's not like we do any proper revision in school, we just listen to teachers lecturing us on the importance of good revision". Then they go home and spend the whole evening airing their concerns about how little time they have to study on Facebook. Our virtual walls are littered with comments like "Frnch exam tmrw!! I hvnt rvsed AT ALL im gng 2 fail!!!! ))=". I find it surprising that these comment-posters have made it all the way to GCSE level and cannot comprehend that if they spent a little less time on Facebook whingeing about failing and a little more time poring over French verb tables, they might not fail at all.

Facebook does have its uses, though. The more ingenious among us have figured out that since we possess a complete inability to bear to be separated from our beloved networking site for as little as a day, we are using it instead to do what our pupil co-ordinator would call Smart Revision. Students of Spanish are also holding long conversations on Facebook, but they are doing it in Spanish. I don't pretend to understand Spanish, but the only drawback is that everything seems abbreviated. And if that's how they are used to spelling Spanish words, the examiners will probably not be impressed.

Apart from being entirely unnecessary and a cruel but effective way of wreaking havoc in the lives of teenagers, GCSEs have also caused our classroom to become unbearably smelly. The sudden revelation that perhaps all those missing revision notes may be lurking in the murky depths of our lockers - which everyone only used in the first few months of the year - has dawned upon us. Students are in a locker-clearing frenzy. They wrench open the doors only to be welcomed by the delectable aroma of old gym socks and apple cores that ended up in the lockers because the dustbin was being serviced.

To add to the mix, my guitar practical exam (not a school exam) is bang in the middle of my maths and science exams, so a pleasant week I shall be having. Pieces of paper are also being distributed that announce in bold: "Plagiarism is a form of cheating. A form of cheating will not be tolerated. Plagiarism is a serious crime. Serious crimes will not be tolerated." Or something along those lines. We have been warned against the dangers of plagiarism by at least seven different teachers now. "Whatever you do, don't regurgitate sections from the text book without giving credit to the author," is the mantra every member of staff feels the need to repeat about 15 times.

"If you mention the word 'apple', you have to write 'Newton'," a certain person intoned, looking around hawk-eyedly. "Or you end up in jail. You cannot copy someone's ideas." And what is it with the rest of the world? Just when you thought that GCSEs couldn't get any worse, along comes a whole host of other events that you would much rather be doing. I have been happily informed that someone younger has got into the musical Fame, now in Dubai, and why don't I try out for another musical, Hairspray? Also, do I want to come and see Robin Hood with that someone? Grr.

Then again, you only ever appreciate musicals or movies about merry men wearing hippie clothes when you've got to concentrate on GCSEs instead. Lavanya Malhotra is a 14-year-old student in Dubai.

EMILY%20IN%20PARIS%3A%20SEASON%203
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Overview

What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.

When: From Sunday, February 2, to Wednesday, February 12.

Where: At 13 different centres across Sharjah.

Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.

Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.

INDIA'S%20TOP%20INFLUENCERS
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Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

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.”

FOOTBALL TEST

Team X 1 Team Y 0

Scorers

Red card

Man of the Match

 

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