792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
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Education in UAE<br />
The United Arab Emirates (UAE) is the Gulf States located in the Middle East. UAE<br />
is primary an Islamic region and shares many of the educational procedures and<br />
traditions of the other Gulf State Countries. UAE belong to the Arab Bureau of<br />
schooling for the Gulf States which meets to discuss the Gulf State countries<br />
curriculum and procedures. United Arab Emirates (UAE) public educational spending<br />
is 27.43%, which ranks 7 th in the world in spite of the high spending on education,<br />
UAE has the lowly literacy rate out of all the Gulf States at 77.9%. Compared to the<br />
United States rate of 99%, the UAE has a long way to go to match the educational<br />
statistics of the western culture. The small overall literacy rate can be confusing due<br />
to the majority of that rate being over the age of 25. The far above the ground<br />
spending in education has paid off for the younger production, general public from<br />
15-24 have a literacy rate of 97%, far better than the overall average rate of 77.9%.<br />
Community education is free for male and female citizen children through university<br />
level. The UAE has one of the lowly student-to-teacher ratios (15; 1) in the world.<br />
Education is compulsory through the ninth grade, even if, according to the U.S.<br />
sector of State, this requirement is not enforced.<br />
5. Overviews of Business and Trade at International Level<br />
Foreign Economic Relations<br />
In 1977 the Arab Monetary Fund (AMF), based in Abu Dhabi, was established by 20<br />
Arab states to provide loans to member states, primarily for balance-of payments<br />
support. In 1981 the UAE joined with Saudi Arabia, Kuwait, Bahrain, Qatar, and<br />
Oman to form the Gulf Cooperation Council (GCC). The UAE’s closest relations<br />
within the GCC are with its major trading partner, Oman.<br />
Imports<br />
Imports totaled US$80.2 billion in 2005 and are projected to increase to US$86<br />
billion in 2006, US$94.6 billion in 2007, and US$104.1 billion in 2008. Principal<br />
imports are machinery and electrical equipment, precious stones and precious<br />
metals, and transport equipment. The principal source of UAE imports in 2005 was<br />
Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 16