Sunday 11 December 2011

gulfnews : Education is big business

The business of education in the Gulf Cooperation Council (GCC) is growing fast and also getting more expensive.

Parents of 1.36 million expatriate students in the region shell out about $5.2 billion (Dh19 billion) in tuition fees through 4,400 private schools every year. However, this is a fraction of the region's education system, where 6.3 million students are enrolled every year in 35,000 schools, dominated by the public institutions, according to the latest report by research organisation Booz and Company.

"Private-school enrolment is expected to grow significantly in the GCC countries in the next decade, but governments and investors must overcome several key challenges in order to capitalise on the opportunities this will present," the report says.

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