Egypt: Economy and Education
Despite years of political turmoil and instability, the Egyptian economy is on the rise. Not only this, it has become a booming education hub for international students in the MENA region. The number of overseas students has nearly doubled in the country. Relatively low tuition fees and living expenses are the prime reasons Egypt attracts most students than other Arab countries.
Improving the quality of education can help in the diversification of the Egyptian economy. The Egyptian Government is working on inviting well-educated youth into its open, globally-driven market to stimulate the local economy.
What Attracts Foreign Students to Egypt
- A degree program may cost USD$7,000-USD$14,000 in Egypt, compared to Dubai, where students may be required to spend USD$10,000-USD$19,000 for an undergraduate course.
Apart from the low tuition fee, higher education institutions run by government freely admit non-citizens in Egypt.
- Availability of scholarship is another attraction for overseas students in Egypt.
- Low tuition, living and accommodation cost combine to become a major attraction for international students.
- Egyptian universities top the list of international educational institutions in worldwide ranking. Nine Egyptian universities found a higher ranking in the top 31 educational centres compared to other universities in the Arab world in the 2018 Times Higher Education ranking.
- The Egyptian Government enacted a new legislation to regulate international university campuses in Egypt. The law further offers tax exemptions to lure foreign providers. Foreign branch centres must teach the same programs as taught on their main campus. Additionally, foreign providers have institutional autonomy.
- Several UK, Canadian universities have partnered with Egypt to set up educational facilities to provide higher education and postgraduate courses in the country.
Egypt gives prominence to education and has set goals to be achieved by 2030. The Egyptian Government aims to develop a new generation of competent Egyptians who can compete at the global level.
Additionally, the government seeks to introduce new schools set up on the Japanese education system. Egypt also plans to restructure technical schools to provide modern and updated education.
Moreover, plans are afoot to establish research centres in the field of genetics, renewable energy, and biotechnology.
Although there are many challenges facing Egyptian education sector, there are many opportunities for positive reform. As foreign investors understand and recognize the potential in the Egyptian education market, the sector is touted to grow fast.
If you are interested to study in Egypt, get in touch with EduCav. We are happy to make your living and studying in Egypt easier. Connect with our educational consultancy today and we will guide you through the entire process of studying in Egypt.