Crash in Oil prices puts Saudi Higher Education in crisis

By Study International Staff. For many years, oil has been big business in Saudi Arabia, since the Kingdom is home to 18 percent of the world’s proven petroleum reserves and ranks as the substance’s largest global exporter.
But over the past 18 months, falling prices of oil have turned the region from one of the world’s wealthiest countries and providers of student scholarships, into one of the most struggling competitors within the global marketplace. More...