Madaares to Offer Improved Standard of Education for the Region

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The Founders Committee of Madaares announced its attention to form a new privately run company to enhance standards of education in the UAE and the region, through a series of new primary and secondary schools offering rigorous curricula, modern facilities, and convenient locations. The company, which has a capital outlay of 500 million dirhams, aims to boost both the standard and quality of education and plans to open 14 schools over the next five years and up to 20 by 2014.

With a clear commitment to the educational needs of the region, Madaares will build and manage schools, drawing on global expertise to deliver the optimum educational solutions for the region.

Nasser Hassan Al-Shaikh the Chairman of the Madaares Founders Committee commented, “Youth is at the heart of this region’s development and it is imperative that high quality educational opportunities exist to support the growth that the region is experiencing. Today, whilst we have several quality schools available, demand far outstrips supply and there is an urgent need for more standardized, world-class education.”

Based on research, Madaares estimates that since 1999 up to the end of 2004 the number of students in the UAE has increased by more than 74,000 and that whilst an excess of 100 new schools have been opened, there is still a significant shortfall. Al-Shaikh continued.

“The key objective of Madaares is to provide quality, accessible education. Anyone with a child in the UAE, particularly in Dubai, will appreciate how challenging it can be to find a space in a quality nearby school, and it can be even more difficult in other countries. Madaares will actively support the community by building schools within residential areas, ensuring a reliably high standard of education and convenient locations for parents.”

Madaares schools will be fully funded through private investment and operating profit. Processes for the new schools are already underway including curriculum selection with the first schools opening in 2007. Al-Shaikh concluded, “Education is paramount to the creation and ongoing success of any knowledge economy and prosperous modern day society - as such it should be placed at the top of the developmental agenda.”

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Carmen Karam

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