GCC report fuels fears of rising inflation in UAE

I read an article this morning  in the National by Tom Arnold which reports on families paying more in the UAE than in any of the Arabian Gulf states for a British or Indian education, petrol and household utilities. The figures are from the Cost of Living GCC Report.

Key points concerning education costs are:

  • The cost of living report found the average cost of a British curriculum education was Dh50,675 compared with Dh13,751 in Bahrain, the lowest in the GCC.
  • The average Indian education cost Dh22,000, more than twice as high as Qatar in second place with Dh10,400.

The story goes further into detail about housing costs and other factors which will challenge HR Departments in bringing and retaining quality educators. As I stated in my December 30, 2013 piece on “Recruiting and Retaining Educators” the cost of living is starting to have an adverse effect on the education sector.

For the complete article on The National go to: http://shar.es/9FR2v

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