3 reasons edtech’s next big opportunity is in the Persian Gulf

By Nicholas Franco. The oil-rich countries of the Persian Gulf are trying to diversify their economies fast — Lamborghini fast — and that spells opportunity for edtech companies. That is precisely why I found myself in Dubai last December representing ConnectEDU at an educational technology conference.
Consider the United Arab Emirates (UAE), where unemployment among UAE nationals is trending north of 12%, and 70% of the employed population works in the public sector. Remove oil revenues from the equation and the model gets dicey quickly (images of Tahrir Square come to mind). More...