Despite having a number of world class business facilities, hotels, and everything that supports a lifestyle of highest quality, UAE was lacking in one department. That is the availability of higher education facilities. For many years upper and middle class families had no other option but to send their children to study abroad, if they were interested in quality education at reasonable fees. Gradually, the trend changed, UAE government has planned and invested in many academic programs to offer a world class education system, which will match its standard of living. Initially, the focus was more on UAE nationals, though with the passage of time these opportunities will be accessible for everyone to avail.
Education Vision 2020:
Recognizing the need and importance of a sound educational system in the overall development and growth of economy, UAE government has initiated a comprehensive plan, called “Education Vision 2000″. This program is intended to provide equal academic opportunities to the citizens, improving the quality and effectiveness of curriculum and enhance learning resources, consequently building a modern education society that will lead to a knowledge driven economy. Huge funds have been allocated to education in successive budgets.
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Arab societies have always been patriarchal in nature. The prevalence of strict Islam makes them male dominated in all walks of life. Despite the modern face lift of their infrastructure and economies they have had, most Arab countries are still adamant when it comes to providing their women with equal opportunities as men. For example, in a country like UAE, which has a high level of female education, the ratio of female participation in the workforce is still very low. As per the officially made available data, about 65% of the UAE’s university students were females, but their participation in the country’s workforce was only around 15%.
This might be about to change however, if the recent trends from media and various government resources had to be believed in. With a booming economy and increased job opportunities, the UAE government was trying out its best to empower their women with higher education and job placements. This has given rise to a sudden influx of the local women applying for jobs in various professions. One could see as a result, many young and confident Arab ladies taking up responsibilities on various fronts in the UAE today. From being radiologists to TV presenters or managing online ventures, the UAE’s women are moving forward in all spheres gradually.
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The Indian FMCG industry is one of the key growth drivers of the economy. Dominated by SMEs, mostly in tier II and III cities, the sector is currently estimated at around $17.42 billion.
Significantly, the segment has grown at a time when nearly all other sectors are bleeding due to the ongoing economic turmoil. Motivated by the robust growth and increasing demand, Indian SMEs in the FMCG sector are eyeing foreign markets to expand their footprint.
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