Date: Monday, January 22, 2018
The University of Pennsylvania (UPenn) recently published an article written by Saqer Al Nuaimi, a Grade 12 student at the International School of Choueifat ─ Al Ain (ISC-Al Ain) in the U.A.E., on its online portal Knowledge@Wharton High School (KWHS). KWKS is part of the global Knowledge@Wharton network of online business journals at UPenn’s Wharton School. With more than 70,000 registered users, KWHS features hundreds of business journal articles, videos, and lesson plans to help introduce high school students to business concepts, personal finance, and college.
In his essay, Saqer discusses the implementation of the first-ever value-added tax (VAT) laws in the U.A.E. and Saudi Arabia as of January 2018. Saqer provides an overview of the spending habits of citizens in the U.A.E. before the recent taxation law and describes the changing attitudes in the country in light of the recent financial awareness. “A new mindset is also on the horizon,” he writes. “While most of us have been accustomed to government pampering and munificence through things like free health care, education, land, and housing loans, people are now starting to understand that a more appropriate, give and take relationship in the long run is more sustainable for our society.”
To read the full article, click here.
Saqer began writing his essay in October 2017 after attending the KWHS Global Young Leaders Academy at Wharton to explore his interest in business and economics. Under the supervision of his economics teacher at ISC-Al Ain, Saqer was able to finalize the article and send it to KWHS to be published. “The economics program at ISC-Al Ain is one of its kind across many other schools in the country,” he says, “It equips students, from a relatively young age, with the economic background they need to progress in a dynamic and fluctuating world.”
Saqer has been accepted to the University of Pennsylvania’s College of Arts & Sciences, where he plans to pursue a major in politics, philosophy, and economics. We wish him all the best in his future plans and career.