Some Dubai private schools will be allowed to increase tuition fees by up to 6 per cent in the 2023-2024 academic year, the emirate's education regulator has said.
The Knowledge and Human Development Authority made the announcement on Friday, saying operational costs and the economic situation in the emirate were factors in the decision.
Tuition fees for Dubai's private schools had been frozen for the past three academic years in a row.
The approved fee increase takes into account the economic situation of the emirate, as well as the operational costs of running a private school
KHDA
The regulator said only schools which maintain or improve inspection ratings would be allowed to increase fees.
- Schools that maintain their inspection ratings will be eligible to raise tuition fees by up to 3 per cent.
- Schools that improve their rating from “weak” to “acceptable” and from “acceptable” to “good” can increase fees by up to 6 per cent.
- Schools that move from “good” to “very good” can increase fees by 5.25 per cent.
- Schools that improve from “very good” to “outstanding” can apply a 4.5 per cent rise.
“We have worked closely with our stakeholders to ensure the school fees framework continues to support a robust and reliable private education sector that offers families a choice of affordable and high-quality education,” said the KHDA.
“The approved fee increase takes into account the economic situation of the emirate, as well as the operational costs of running a private school while maintaining the quality of education.
“The rate by which schools can increase their fees is tied to each school’s most recent inspection rating from the Dubai Schools Inspection Bureau.
“Under the School Fees Framework, private schools that maintain the same inspection rating will be eligible to increase their fees by 3 per cent.
“Schools dropping in the annual ratings will not be eligible for any fee increase.
“Schools that improve their rating in the most recent inspections will be eligible to increase their fees according to the methodology outlined in the School Fees Framework.”
Enrolment at Dubai private schools has increased by 4.5 per cent since the last academic year, the KHDA said.
Twenty-two new schools opened in the past three years, bringing the number of private schools in Dubai to 216, the regulator said.
“The School Fees Framework emphasises the quality of education offered by schools as the foundation for any adjustments allowed in school fees,” said Mohammed Darwish, chief executive of the Permits and Compliance Sector at the KHDA.
“The framework also provides transparency for families and offers them a choice of schools that match their financial and academic requirements.
“The framework was developed to allow schools to develop long-term growth plans while sustaining their current operations to provide a high quality of education to students.
“We have worked closely with our stakeholders to ensure the school fees framework continues to support a robust and reliable private education sector that offers families a choice of affordable and high-quality education.”
School inspection results
Private school inspections are continuing in Dubai. They are carried out on in phases, covering each curriculum taught in the emirate.
Results from the first in-person inspection of 32 Indian and two Pakistani private schools in Dubai were released last week.
Seven schools improved their ratings, which would allow them to increase fees in the next academic year.
Gems Our Own Indian School and Credence High School improved from “good” to “very good”.
Reports from all schools are due to be released by June, allowing eligible schools time to assess whether to apply the tuition fee increase.
The KHDA began assessing schools in 2008 and inspections were carried out every year, until they were temporarily halted by the Covid-19 pandemic.
In 2019, the last year of in-person assessment, 176 schools were inspected, including 11 for the first time.
School group to boost teacher salaries
Dino Varkey, group chief executive for leading school operator Gems Education, welcomed the decision and said staff would benefit.
“Today's decision by KHDA to increase school fees for the academic year 2023-2024 empowers us to invest further in our teachers and facilities, the foundations of a quality education for every Gems Education student” said Mr Varkey.
“We are pleased to confirm today that we will be implementing teacher salary increases in April for our Indian curriculum schools and in September for our international schools.”
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$1,000 award for 1,000 days on madrasa portal
Daily cash awards of $1,000 dollars will sweeten the Madrasa e-learning project by tempting more pupils to an education portal to deepen their understanding of math and sciences.
School children are required to watch an educational video each day and answer a question related to it. They then enter into a raffle draw for the $1,000 prize.
“We are targeting everyone who wants to learn. This will be $1,000 for 1,000 days so there will be a winner every day for 1,000 days,” said Sara Al Nuaimi, project manager of the Madrasa e-learning platform that was launched on Tuesday by the Vice President and Ruler of Dubai, to reach Arab pupils from kindergarten to grade 12 with educational videos.
“The objective of the Madrasa is to become the number one reference for all Arab students in the world. The 5,000 videos we have online is just the beginning, we have big ambitions. Today in the Arab world there are 50 million students. We want to reach everyone who is willing to learn.”
What is Reform?
Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.
It was founded in 2018 and originally called the Brexit Party.
Many of its members previously belonged to UKIP or the mainstream Conservatives.
After Brexit took place, the party focused on the reformation of British democracy.
Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.
The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.
Tentative schedule of 2017/18 Ashes series
1st Test November 23-27, The Gabba, Brisbane
2nd Test December 2-6, Adelaide Oval, Adelaide
3rd Test Dcember 14-18, Waca, Perth
4th Test December 26-30, Melbourne Cricket Ground, Melbourne
5th Test January 4-8, Sydney Cricket Ground, Sydney
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The Matrix Resurrections
Director: Lana Wachowski
Stars: Keanu Reeves, Carrie-Anne Moss, Jessica Henwick
Rating:****
RESULTS
Time; race; prize; distance
4pm: Maiden; (D) Dh150,000; 1,200m
Winner: General Line, Xavier Ziani (jockey), Omar Daraj (trainer)
4.35pm: Maiden (T); Dh150,000; 1,600m
Winner: Travis County, Adrie de Vries, Ismail Mohammed
5.10pm: Handicap (D); Dh175,000; 1,200m
Winner: Scrutineer, Tadhg O’Shea, Ali Rashid Al Raihe
5.45pm: Maiden (D); Dh150,000; 1,600m
Winner: Yulong Warrior, Richard Mullen, Satish Seemar
6.20pm: Maiden (D); Dh150,000; 1,600m
Winner: Ejaaby, Jim Crowley, Doug Watson
6.55pm: Handicap (D); Dh160,000; 1,600m
Winner: Storyboard, Richard Mullen, Satish Seemar
7.30pm: Handicap (D); Dh150,000; 2,200m
Winner: Grand Dauphin, Gerald Mosse, Ahmed Al Shemaili
8.05pm: Handicap (T); Dh190,000; 1,800m
Winner: Good Trip, Tadhg O’Shea, Ali Rashid Al Raihe
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Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.