Dubai's Westminster School will remain open for its 5,000 pupils, say officials



DUBAI // A British school threatening to close its doors to 5,000 pupils has announced it will remain open with no fee increase.

Gems Education, which runs Westminster School, told the Knowledge and Human Development Authority (KHDA) last August that it intended to close the school this year, saying the inability to increase fees under the authority’s framework had made it impossible to continue.

The decision to remain open was confirmed by the KHDA today.

“Gems officials have reversed this decision,” the KHDA said.

A spokesman for Gems Education later said the school would continue to operate with the same fee structure in the new academic year, which begins this September.

The school charges about Dh10,000 a year, making it one of the most affordable options in Dubai. More than 60 per cent of the pupils travel from Sharjah and other neighbouring emirates to study there.

“We would like to acknowledge the parents and students of the school for their understanding and support over the past few months,” said a spokesman for Gems. “The passion they have displayed for their school has been extraordinary.”

Parents who paid registration fees at other Gems schools for the new year will get a refund if they continue at Westminster.

aahmed@thenational.ae

Match info

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Sterling (14'), Bernardo Silva (64')

Brief scores

Day 1

Toss England, chose to bat

England, 1st innings 357-5 (87 overs): Root 184 not out, Moeen 61 not out, Stokes 56; Philander 3-46

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Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

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Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

The specs

Engine: Twin-turbocharged 4-litre V8
Power: 542bhp
Torque: 770Nm
Transmission: Eight-speed automatic
Price: From Dh1,450,000
On sale: Now

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Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

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Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

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How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.

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Size: 450+ employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

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Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

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