Education the next big boom in UAE

, Life@UAE

According the a research conducted by “Global Education Intelligence” Education sector in UAE is one of the most sought after business avenue for three simple reasons,

  • The Government of the UAE is spending approximately 24% of its total spend in this sector and the sector that is currently accounts for approximately $8Bn in market size is growing steadily because of that.
  • The foreign expatriate’s population that is approximately 90% of total UAE’s population demands and deserve world class education infrastructure and best practices and
  • The higher education in other countries is sought but students prefers to stay in highly lucrative work destination, closer to opportunities and thereby are looking for professional courses in accounting, management, medical sciences, engineering etc as well as options in higher research in clinical engineering, biomedical sciences, petrochemical and clean energy etc.

The investors interested in education sector has tremendous opportunity to join the bandwagon in tax free hassle free growth oriented economy that offers higher returns.

Primary education and play schools are the starting point for the kids and the education system starts from there to build a progressive path for the students, UAE being home to huge number of couples who are joining here to work and get married want to settle down for longer time here in this lovely dwelling place. 100% growth in UAE’s population in the last decade strongly suggesting the inflow of people coming for better future and settling down here for work.

Immediate requirement for secondary to higher secondary education is attracting many global boards opening their schools in the entire UAE, it has many Indian schools running under CBSE/ICSE Board. Only Dubai has over 200 schools out of these 20% are Indian and 20% British (English) schools, apart from these there are British (Arabic) schools-15, USA (English) schools-15, USA (Arabic) schools-15, School for children with special needs-14, French-5, German-4, Iranian-8, Pakistani-12, Phillipino-6, Australian, Swedish, Russian, Japanese, International and other national schools are also present. Growing population and continuous monitoring of the world class facilities, teacher to student ratio and class strength and harnessing and enhancing the student’s technological prowess are certain factors those are pushing the government to call for more investment in this sector.

Many foreign education institutes and curriculum are embraced here for their learning methodologies and teaching techniques, currently more than 60% schools are privately run having a strength of approximately 0.5 million children, as 80% plus non UAE population is continuously increasing, with a pool of over 40000 teachers teaching in private schools only, the demand for private schools teaching in international curricula is high.

Once passed, the college and university education has to be present around, not all the parents are sending their children away, this could be because of family/cultural systems or could be because of the socio-economic conditions and financial health. All of such parents demand better colleges with all fields of studies to be available for their kids to choose and study. Out of these 0.8 million students only 35-40% can go abroad or to their home countries but given a chance they would stay back.

The government of UAE has open arms inviting all foreign universities and higher education providers to come on which many acclaimed foreign higher education institutions are opening their branches in the free zones dedicated to education, which help these institutions to keep 100% foreign ownership and enjoy tax breaks of corporate and personal taxes.

Few of the established universities and education establishments in higher education are listed:

1

SABIS

31

Abu Dhabi Vocational Education and Training Institute

2

Edutech

32

Emirates Institute for Banking and Financial Studies

3

Taaleem

33

The Ras Al Khaimah Education Company (EDRAK) PJSC

4

Lals Group

34

Emirates Integrated Telecommunications Company

5

Emuallim

35

Abu Dhabi National Oil Company group schools

6

UniAdmission

36

Academia Management Solutions International

7

GEMS Education

37

Vocational Education and Training Institute

8

UAE University

38

Ajman University of Science and Technology

9

ALDAR Academies

39

Rochester Institute of Technology in Dubai

10

Tufts University

40

Al Ain University of Science & Technology

11

Zayed University

41

Islamic and Arabic Studies College-Dubai

12

Pearson Education

42

Emirates Telecommunications Corporation

13

S.S. Lootah Group

43

George Mason University, Ras Al Khaimah

14

Tulane University

44

Vocational Education Development Center

15

Al Hosn University

45

Dubai International Financial Centre

16

New York University

46

Sorbonne–Paris University, Abu Dhabi

17

Petroleum Institute

47

Al Khawarizmi International College

18

University of Dubai

48

American University in the Emirates

19

Abu Dhabi University

49

Dubai International Academic City

20

Al Ghurair University

50

University of Wollongong in Dubai

21

University of Jazeera

51

Fatima College of Health Science

22

University of Sharjah

52

Emirates Nuclear Energy Company

23

Innoventures Education

53

Hamdan Bin Mohammed eUniversity

24

Dubai Knowledge Village

54

American University of Sharjah

25

IQ Education Consultants

55

Emirates College of Technology

26

Emirates National Schools

56

Higher Colleges of Technology

27

Michigan State University

57

American University in Dubai

28

Addax Education Holding LLC

58

Canadian University of Dubai

29

Hult Business School, Dubai

 

30

University of KwaZulu-Natal

 

The list is not exhaustive and have huge scope and many considerable gaps to be filled.

Abu Dhabi has decided and is moving to implement one of the world’s most ambitious educational up gradation plans and has done resource allocation to bring the best in education from across the globe to citizens. This is in line with the UAE’s long-term vision of breeding a strong workforce within.

With education on top agenda, the government, in alliance with the private sector and the corporate world, has pledged an unwavering resolve to transform the region into a knowledge-based society and has charted down progressive, sustainable plans to carry this out by way of the Abu Dhabi Economic Vision 2030.

The Abu Dhabi Education Council (ADEC) is spearheading privatization of the sector which is living up to its mandate as a powerful economic enabler, one that will closely remain integrated within its commercial structure and contribute multi-folds to its GDP growth. Therein lies the colossal business potential within this ballooning industry.

Similarly More than Dh1 billion has been invested in private education in Sharjah.

Khalid bin Butti, an assistant director general at Sharjah Chamber of Commerce and Industry, said this week that there were 140 private schools worth Dh1.26bn but we need more. Mr bin Butti urged all investors in the private education sector to turn to innovative ideas that would further improve the standard of education in the emirate.

“This is an excellent opportunity to have businessmen and educators interact and share ideas on the best way to boost education, and give a brighter future to the children.” He added.

The government of Ajman maintains an open door policy, where the AUST (Ajman university of science and technology) has grown many fold since its inception in 1998, it has centers in Abu Dhabi, Sharjah etc, the Ajman government is convinced that the education investments can happen only with start from scratch approach. This strategy differs quite radically from the Ras Al-Khaimah’s for instance that has an approach of setting up campuses affiliated to already existing institutions.

Both strategies are relevant and complimentary and there is a room for all in UAE.

Educators, UAE Calling!

The writer (Adil Hossaini) is prolific blog writer and educationist from Tehran.

Leave a Reply