GCC To Spend $150bn On Education – Report

By Mary Sophia. The number of students in the GCC region is expected to grow at a 3% annually between 2013 and 2020 to reach 13.7 million, a new study says. The GCC is expected to experience a recurring spend of $150 billion in its education sector over the next few years, according to a report by Alpen Capital. 
Buoyed by a growing population of both locals and expats, the total number of schools in the region is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from 2013 to 2020. More...