Education gets costlier in Dubai

April 9, 2012

School


Dubai, April 9: Dubai’s private schools received the green signal on Sunday to increase fees as the Knowledge and Human Development Authority (KHDA) announced a new school fees framework.


Fee increases for the new academic year will range between three to six per cent this year based on an educational cost index (ECI), which will be announced regularly by the Dubai Statistics Centre (DSC), and the school inspection report issued by the Dubai School Inspection Bureau (DSIB).


‘Outstanding’ schools will be allowed to increase their fees at double the rate of the ECI, which will amount to six per cent for the new academic year.


‘Good’ schools can increase fees by one and half times, which amounts to 4.5 per cent. ‘Unsatisfactory’ and ‘acceptable’ schools will be allowed to increase fees at three per cent. The DSIB classifies schools into outstanding, good, acceptable and unsatisfactory following an inspection cycle. Fee increases were tied to school inspection results in 2008 as increases were directly linked with the quality of education at schools.


Fee increase requests by most schools have been stalled since 2010 as the Dubai Executive Council had ordered a freeze on school fees. However, a few education operators were given a nod to increase fees over the last three years.


Taking into account the school inspection results, the new rules are aimed at regularising fee increases and tying them with the quality of education in Dubai’s private schools.


Mohammed Darwish, chief of Regulations and Compliance Commission at KHDA, said: “The framework prioritises the interests of students and parents and encourages investment in the education sector by allowing schools to develop long-term growth plans, as well as motivating existing schools to improve the quality of education they offer.”


While the new regulations are being developed after taking feedback from students, parents and schools, the increase comes as a surprise to many parents.


“Every parent wants the best for their child and these schools know about it very well. The fee hikes are something we can’t avoid and we can’t help but feel exploited,” said a parent who did not wish to be named.


In addition to the existing fee increases, ‘outstanding’ and ‘good’ schools can apply for exceptions to meet additional cost of investments in educational infrastructure. Admission and registration costs will also be regulated with the new rules.


The Department of Economic Development, Department of Finance, Dubai Chamber of Commerce, Dubai Real Estate Corporation, Dubai Statistics Centre, Dubai Executive Council and KHDA worked on developing the framework, which will be a medium to long-term solution to review fee increase applications by schools.


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Agencies
July 5,2020

Iraq’s deputy parliament speaker Hassan Karim al-Kaabi on Saturday described the move as provocative and in violation of international law.

Kaabi also called on the Iraqi government to take swift measures to halt such actions.

The Embassy’s move to fire in a residential area in the heart of Baghdad is an unacceptable act and another challenge for the Arab country, adding to the mass of its provocations and illegal actions in Iraq, he noted.

According to Iraqi media, the US tested a patriot missile system inside Baghdad’s heavily fortified Green Zone.

Anti-US sentiments have been running high in Iraq since Washington assassinated top Iranian commander Qassem Soleimani and the second-in-command of the Iraqi popular mobilization units, Abu Mahdi al-Muhandis, in January.

Following the attack, Iraqi lawmakers unanimously approved a bill on January 5, demanding the withdrawal of all foreign troops.

Baghdad and Washington are currently in talks over the withdrawal of American troops. Iraqi resistance groups have vowed to take up arms against US forces if Washington fails to comply with the parliamentary order.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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News Network
May 4,2020

Dubai, May 4: An Indian salesman in the UAE has won a whopping 10 million dirhams at an Abu Dhabi draw, a media report said.

Dileep Kumar Ellikkottil Parameswaran, from Kerala’s Thrissur, works with an auto spare parts company in Ajman and earns 5,000 dirhams (USD 1,361) a month, Gulf News reported on Sunday.

Parameswaran, who won the 10 million dirhams (USD 2.7 million) prize at the Big Ticket draw in Abu Dhabi, will spend a big part of the money to repay a loan of 700,000 dirhams (USD 190,574 ), according to the report.

He said that a good part of the prize money will be spent on the education of his two children.

Parameswaran, who has been a resident of the UAE for 17 years, lives in Ajman along with his family.

Big Ticket is the largest and longest-running monthly raffle draw for cash prizes and dream luxury cars in Abu Dhabi.

A live monthly draw is organized at the Abu Dhabi International Airport on 3rd of each month.

Tickets are sold for 500 dirhams (USD 136).

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