Number of Saudi students in US reaches 111,000

Updated 18 May 2014
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Number of Saudi students in US reaches 111,000

The number of Saudi students in the United States has reached 111,000 this year, up from 10,000 in 2007 while the number of Saudi students studying medicine in the States is over 600.
The Department of Commerce in the US said that international students have contributed to revive the US economy with $22.7 billion in 2011. “The number of Saudi students increased by 50 percent in 2011 alone,” local media said.
Saudi students can go for higher studies abroad through enrolling in the King Abdullah Foreign Scholarship Program that allows access to the best world universities to pursue disciplines which lead to bachelors, masters and doctorate degrees and medical fellowships.
The countries where Saudi students are sent to study are selected on the excellence of their educational programs and are subject to periodic reviews. Currently, students accepted in the program are sent to the USA, Canada, the United Kingdom, Ireland, France, Spain, Italy, Australia, Germany, the Netherlands, Poland, New Zealand, Austria, Hungary, the Czech Republic, Singapore, South Korea, Japan, the People’s Republic of China, Malaysia, India and South Africa, according to the Ministry of Higher Education’s website.
However, the most preferred destination for Saudi students is the US owing to the excellent academic programs in their universities. Accordingly, the Saudi government has raised the financial allocations of the education sector by 21 percent from the amount it had allocated in 2012. Education spending accounted for 25 percent of the Kingdom’s public spending for the year 2013.
“The Saudi government is interested in sending its students to the best universities in the world. American universities represent a top priority for the Saudi government in spite of the high costs of living. In view of this, the Kingdom has allocated SR10 billion to send Saudi students to the US,” Farooq Al-Kateeb, a former professor of economics at the King Abdul Aziz University and financial analyst told Arab News.
“Saudi students in the US play a big role in reviving the US universities which are currently facing a financial crisis.


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
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Green light for crown prince-led Saudi privatization program

  • The Privatization Program is one of 12 key elements of the Saudi Arabia’s Vision 2030
  • The program is aimed at increasing job opportunities for Saudi nationals

RIYADH: Saudi Arabia’s Council of Economic and Development Affairs on Tuesday approved the Privatization Program that is one of 12 key elements of the Kingdom’s Vision 2030. 

The program is aimed at increasing job opportunities for Saudi nationals, attracting the latest technologies and innovations, and supporting economic development.

It encourages both local and foreign investment in order to enhance the role of the private sector, with government entities adopting a regulatory and supervisory role. The aim is to increase the private sector’s contribution to GDP from 40 percent to 65 percent by 2030. 

The program will aim to reach its objectives through encouraging the private sector to invest in establishing new schools, universities and health centers, while the government pursues its organizational and supervisory role in health and education.

The privatization program aims to benefit from previous success stories, with the private sector’s collaboration in the development of infrastructure, and its involvement on a large scale in sectors such as energy, water, transport, telecommunications, petrochemicals and finance.

The program sets out a series of objectives in three areas: Developing a general legal framework for policies related to privatization; establishing organizational foundations and dedicated institutions to execute the policies; and setting a timescale for their delivery. 

The Council of Economic and Development Affairs is headed by Crown Prince Mohammed bin Salman.