KSA to Lead MENA Education Sector

According to our latest research report “Saudi Arabia Education Forecast to 2013”, the equation industry in Saudi Arabia is the biggest in GCC and is growing at one of the fastest rates among the prominent education hubs in the Middle East. The country provides the most suitable environment for its education industry to grow and prosper. The number of universities has grown manifold and a similar trend has been witnessed in the number of student enrollments in the higher learning public institutions. In coming years, the technical education enrollments are anticipated to grow rapidly, sustaining the Kingdom’s leadership in the MENA region.

 

The report has acknowledged that the budget allocation for education and manpower development has reached SR 137.6 Billion in FY 2010 from just SR 96.7 Billion in FY 2007. The sector has been consistently capturing more than 25% share of the total budget expenditure which is among the highest in the world. It is expected that a significant budget share will go in the development of higher education infrastructure which will uplift education industry outlook.

 

In addition, it has been found that there were only 124 researchers and engineers/million population in the Arab region. The ratio was almost the same for Saudi Arabia. While in developing nations, this ratio was around 313 researchers and engineers/million population. As a result, the country needs many skilled workers in a short notice of time and foreign universities can contribute a lot in this regard.

 

“Saudi Arabia Education Forecast to 2013” provides an extensive research and objective analysis of the education sector in Saudi Arabia. The report facilitates information and statistics at the elementary, intermediate, secondary and higher education levels, mainly focusing on the potential student enrollments, requirement of staff and colleges during 2010-2013. The regulatory environment analysis and potentials of E-learning market have been included to provide a complete understanding of the education sector, required for making informed business decisions.      

For more information visit: http://www.rncos.com/Report/IM266.htm