ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 09:26 UAE time

YOUR DIRECTORY /

| Share |

Saudi hikes student allowance by 50%

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 16 November 2008
ALLOWANCE BOOST: King Abdullah (pictured) said the allowance given to Saudi students studying abroad had been increased by 50 percent. (Getty Images)
ALLOWANCE BOOST: King Abdullah (pictured) said the allowance given to Saudi students studying abroad had been increased by 50 percent. (Getty Images)

Saudi Arabia has increased the allowance given to its students studying at university abroad by 50 percent, King Abdullah said on Friday.

The king made the announcement while visiting a group of Saudi students studying in the United States, prior to attending the Group of 20 summit on the global financial crisis in Washington, Saudi daily Arab News reported on Sunday.

More than 40,000 Saudi students currently attend university in Europe, America and Asia, according to Arab News.

Story continues below ↓
advertisement

The Saudi Gazette reported the increase amounted to 2 billion riyals ($533 million) and every student would receive $1,875 each plus health insurance, paid tuitions, and one round-trip ticket once a year to the Kingdom.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

TOP IN MIDDLE EAST EDUCATION

  1. 35% say Arabic, Islamic studies key for UAE schools
  2. UAE private schools set for talks on shake-up move
  3. Private schools lose top ranking over lack of Arabic classes
  4. 116 Kuwaiti pupils catch swine flu since start of term
  5. DIC eyes tie-up with top IT firms to train Emiratis

TOP MIDDLE EAST BUSINESS STORIES

  1. Merger technical talks to conclude in a month - Emaar
  2. OPEC chief calls for climate talks compensation
  3. Emirates NBD launches bank’s new brand identity
  4. Qatar to sign $25bn mega railway deal on Sunday - report
  5. Dubai replaces head of DIFC

ALSO IN MIDDLE EAST EDUCATION

  1. Tougher checks proposed for foreign teachers
  2. $5.34bn plan to build 3,200 new Saudi schools
  3. Dubai business leaders set up group for education
  4. ABB seals $120m deal to power Saudi uni for women
  5. Unnatural selection

LATEST MIDDLE EAST BUSINESS NEWS

  1. Travel & Hospitality: Gulf Air denies safety risk after Saudia near miss
  2. Healthcare: Saudi confirms four pilgrims die of swine flu
  3. Education: Tougher checks proposed for foreign teachers
  4. Energy: OPEC chief calls for climate talks compensation
  5. Sport: Westwood extends lead after Race to Dubai's Day 3

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Education


Tell us your story

CURRENT ISSUE


 

READER COMMENTS

  1. The Roubini Vs Rogers debate 02
    22 Nov ' 09 at 06:30
    What's not to understand.It's 1930s Hoover-Roosevelt liquidation.Are you really naive enough to believe that Andrew Mellon's...   More  »
  2. RTA to lease out last batch of retail outlets available on Red Line 02
    21 Nov ' 09 at 22:46
    Raj, actually they withdraw their bid, 5 weeks before 09/09/09, and have been sold out to Bakemart...just a month ago...   More  »
  3. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 21:55
    For all the weepers out there,have a lollipop it will cheer you up,since you all are acting like a kid, praying for holidays,   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM

JOBS

SPECIAL REPORTS

SURVEYS & REPORTS

PROPERTY