Vocational Training Center aims to train individuals in the professional skills necessary for the labor market through qualified trainers. This project helps improve technical capabilities, meet the employment needs of vital sectors, reduce the unemployment rate, and promote economic and social development. The project provides the necessary equipment and facilities for training in addition to intensive training programs that qualify young people for their careers.
Vocational Training Centre aims to train individuals in the professional skills necessary for the labor market through qualified trainers. This project helps improve technical capabilities, meet the employment needs of vital sectors, reduce the unemployment rate, and promote economic and social development. The project provides the necessary equipment and facilities for training in addition to intensive training programs that qualify young people for their careers.
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Executive Summary
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Education in the GCC Countries Due to believing in the importance of the education sector and its role in localizing national labor, Mashroo3k for Economic Consulting and Market Research has decided to present to you the key indicators of the education sector in the GCC countries, urging investment in this vital sector:
In recent years, governments in the GCC countries have taken steps to bridge the gap between education and the labor market. They have adopted some curriculums to increase the share of vocational and technical education and encouraged learning through modern media and technologies. In this context, these six countries have increased their spending on education in order to have graduated generations meeting the private sector’s need for a workforce.
Global Education Sector The volume of the global market of educational services reached USD 2882.52 billion at the end of 2021. The global experts expect to reach USD 3191.79 billion by the end of 2022, with a compound annual growth rate of 10.7%. By 2026, the market value will hit USD 4623.90 billion, with a compound annual growth rate of 9.7% over the forecast period.