The feasibility study for the Private University Project aims to conduct a comprehensive and integrated evaluation of the economic, technical, and administrative aspects, ensuring the establishment of a leading educational institution that meets the needs of the community and contributes to enhancing the quality of higher education. The study is based on an in-depth analysis of the target market to determine the demand for academic disciplines and innovative educational programs, while considering modern trends in education and the changing requirements of the labor market. The study includes estimating the costs associated with establishing the project’s infrastructure, including the preparation of classrooms, laboratories, libraries, and sports facilities, along with calculating the operational costs and potential revenues from tuition fees and other services. The study also focuses on legal and regulatory aspects by identifying the requirements for licenses and academic program accreditations to ensure compliance with local and international standards. Additionally, the study outlines effective marketing strategies aimed at attracting students and qualified faculty members, which will enhance the proposed university’s position as a distinguished educational institution.
The Private University Project is a private educational institution aimed at offering pioneering academic programs that meet students’ aspirations and align with the ever-evolving needs of the labor market. The university seeks to provide a state-of-the-art educational environment that relies on the latest technological tools and teaching methodologies, enhancing the quality of higher education and contributing to the preparation of qualified individuals capable of driving economic and social development.<br>The university offers a wide range of academic programs, including scientific, literary, technical, and engineering disciplines, with a focus on advanced curricula that keep pace with the latest global developments. The university places special emphasis on attracting qualified and experienced faculty members, supporting scientific research, and encouraging innovation to foster academic excellence.<br>On the practical side, the university aims to develop strategic partnerships with local and international institutions to provide hands-on training opportunities for students, giving them a competitive edge in the labor market. The Private University Project represents a model of distinguished higher education that enhances the quality of educational outcomes, positioning the proposed institution at the forefront of academic options for students aspiring to a bright and promising future.
Academic programs that meet the needs of the labor market.
High-quality education with a qualified teaching staff.
Modern facilities and advanced educational technologies.
Partnerships with the labor market and training opportunities.
Diverse student activities.
Scholarships and flexible funding programs.
Locally and internationally accredited certificates.
Exchange opportunities and partnerships with global universities.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The Education Sector in the GCC Countries
Believing in the significance of the education sector and its role in national workforce localization, Mashroo3k Economic Consultancy and Market Research is pleased to present the key educational indicators in the Gulf Cooperation Council (GCC) countries—inviting investment in this vital sector:
The total number of early childhood education students (including nurseries and kindergartens) in the GCC countries reached approximately 851.5 thousand students, according to the latest available statistics.
The number of students in school education stages is estimated at 9.3 million, with 79.4% enrolled in public schools and 20.6% in private schools.
Adult education centers recorded around 181,247 learners.
The total number of higher education students is 2,206,446.
The number of early childhood education teachers is 50,647.
The number of school education teachers is approximately 727,904.
There are 5,806 operational institutions in early childhood education.
There are 32,310 operational institutions in school education.
Over recent years, GCC governments have worked to bridge the gap between education and labor market needs. They have adopted curricula aimed at increasing the share of vocational and technical education and promoted learning through digital platforms and modern technologies. Additionally, these six countries have significantly increased their spending on education to produce graduates who meet the private sector’s workforce demands.
According to the latest statistics:
Saudi Arabia allocates 18.9% of its national budget to education.
UAE spends 14.8%,
Oman allocates 12.2%,
Bahrain spends 9.8%,
Kuwait allocates 12.3%,
Qatar spends 10.5% on education.
By 2023, the private education market in GCC countries is expected to reach a value of USD 26.2 billion.
The Global Education Sector
The global education services market was valued at approximately USD 2,882.52 billion by the end of 2021. Experts projected this figure to reach USD 3,191.79 billion by the end of 2022, marking a compound annual growth rate (CAGR) of 10.7%.
Looking ahead to 2026, the market is expected to grow further to USD 4,623.90 billion, achieving a CAGR of 9.7% over the forecast period.
By the year 2030, the global value of the education industry is projected to reach USD 10 trillion.
By 2024, the value of online education worldwide is expected to hit USD 247.46 billion.
The AI-powered education market is set to grow at a compound annual growth rate (CAGR) of 36% from 2022 to 2030.
In terms of global student numbers:
In the year 2000, there were approximately 657 million students worldwide.
By 2019, this number had increased to 739 million.
For secondary education, the number of students grew from 452 million in 2000 to 601 million in 2019.
