«of education»:

EFG Hermes Unveils $300 Million Saudi Education Fund & Acquires Britus Education Portfolio of 7 Schools with 12،000 Student Capacity in KSA & GCC

EFG Hermes، an EFG Holding company، and the leading Investment Bank in MENA، announced today that its private equity arm has launched a USD 300mn Saudi Education Fund (“SEF”) with the target of building an institutional world-class K-12 operator in the Kingdom of Saudi Arabia. SEF aims to capitalize on the clear market opportunity that is evidenced by the growing student population in private schools، which is expected to more than double in line with Saudi’s 2030 vision targets and the critical need for strong operators to cater to such growing demand.EFG Hermes also announced that SEF has entered into definitive agreements with GFH Financial Group (“GFH”)، a leading and dynamic financial group in the GCC، to acquire a portfolio...


World Bank: The deterioration of the quality of education in Yemen

The World Bank said the last eight years of conflict in Yemen have deteriorated the quality of education and caused students to drop out, according to the views of most Yemenis interviewed over the past four years.The World Bank added in its new report, “Voices from Yemen,” which is the result of four years of interviews and qualitative data collection, that high-quality education represents a problem in Yemen and that families face great difficulties in sending their children to school.According to the report, all respondents expressed their belief that the quality of education has deteriorated significantly, with most schools operating on an emergency schedule, resulting in part-time and often discontinuous lessons.He noted that interviews with families, school principals, and senior...


The collapse of the value of the local currency in the liberated areas triggers a wave of strikes in the education sector

 The wave of strikes taking place in the education sector in the liberated areas highlights one of the repercussions of the collapse of the value of the local currency over the past years and the large difference between its value today and what it was before the outbreak of war in 2015. Since last Sunday, five government universities in the liberated areas have been witnessing a comprehensive strike, in protest against the refusal to implement their demands to improve the living conditions of their members, in implementation of a joint statement announced by the unions of the universities of Aden, Lahj, Abyan, and Shabwa, and the University of Taiz joined them.Teaching unions at public universities expressed, in their statement, their dissatisfaction...


Torn books... Education between the anvil of private shops and the hammer of government mediocrity

The number of students in the capital, Aden, has increased from private to public schools, due to the inability of parents to bear the expensive and increasing costs of the former.The conditions of many middle-income families have worsened due to the continuing collapse of the Yemeni riyal against foreign currencies and the continued rise in prices in the south, which has led to a disruption in the financial budget of families, especially those with a number of children, forcing them to transfer their children to government schools.Despite the quality of education in private schools and the modern educational process with modern technological means and luxurious classes that provide electricity and services, their exorbitant fees have become an obstacle for families...


Sana'a.. Houthi blackout on the revenues and expenses of the Education Support Fund

 For the fourth year in a row since the decision to establish it in September 2019 with the aim of supporting teachers and students and supporting literacy and adult education programs, ambiguity surrounds the fate of the revenues of the Education Support Fund run in Sanaa by the Houthi militia - the Iranian arm in Yemen. Representatives of the Sana'a Parliament, during its session held on Sunday, August 20, 2023, demanded the Ministry of Education - run by the Houthi militia - for a detailed report on the work of the Teacher Support Fund, the fate and size of its revenues, and the aspects and size of its expenses.In an attempt to evade the Fund's obligations towards teachers in Sana'a, the...


Ibn Habtoor attends a parliamentary session to apologize for not attending the Houthi Minister of Education

 After multiple summons by the Sana'a parliament for those appointed to ministerial positions in the illegitimate government formed by the Houthi group, the appointed prime minister, Abdul Aziz bin Habtoor, attended with some ministers and many deputy ministers. The absence of the Houthi ministers was noticeable in the Houthi parliament session last Saturday, while the most striking was Bin Habtoor's keenness to apologize for the failure to attend the appointed Minister of Education, Yahya al-Houthi, the brother of the leader of the coup group, to the exclusion of other ministers who did not attend the session.Ibn Habtoor sought an excuse for Yahya al-Houthi, being assigned tasks outside the capital, Sanaa, without mentioning the nature or location of the tasks, and was...