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Education is the second-largest sector of government spending in Saudi Arabia. [ 7 ] Saudi Arabia spends 8.8% of its gross domestic product on education, which is nearly double the global average of 4.6%. [ 8 ] Saudi Arabia is an Islamic country and therefore Islam is interwoven in every part of society, also in education. [citation needed]
The Ministry of Education (MoE) (Arabic: وزارة التعليم), before 2003 as the Ministry of Knowledge and until 1953 as the Directorate of Knowledge, is a government ministry in Saudi Arabia that is responsible for regulating primary, secondary and higher education in the country. It was established in 1926 by King Abdulaziz ibn Saud in ...
The Education and Training Evaluation Commission (ETEC) (Arabic: هيئة تقويم التعليم والتدريب), formerly known as the Education Evaluation Authority, [1] is a government organization responsible for planning, evaluation, assessment, and accreditation of educational and training systems in Saudi Arabia in coordination with the Ministry of Education.
Website. pif.gov.sa. The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$ 925 billion (£ 726.3 billion). [2] It was created in 1971 for the purpose of investing funds ...
A qualifying recognised overseas pension scheme, or QROPS is an overseas pension scheme that meets certain requirements set by HM Revenue and Customs (HMRC). A QROPS can receive transfers of British pension benefits. The QROPS programme was part of British legislation launched on 6 April 2006 as a direct result of EU human rights requirements ...
Upon returning to Saudi Arabia, Al Faiz worked as a teacher. She became head principal of the girls' section at Prince Alwaleed bin Talal’s Kingdom Schools. [5]Later, Al Faiz served as the head of ministry of education’s educational technology center, and a lecturer and head of the training board of the ministry’s administration institute from 1983 to 1988.
In 1960, "Kuliyat Al Banat" (The girl college) was launched, which was the first girl form of higher education in Saudi Arabia. [11] By 1961 there were 12 elementary schools for girls and by 1965 there were 160. By 1970, there were 357 and by 1975 there were 963, [12] and 1980 there were 1,810. [12] By 1981, the number of girls enrolled in ...
The General Organization for Social Insurance (GOSI) is a Saudi Arabian government agency concerned with social insurance in the country. GOSI is supervised by a board of eleven directors from government departments, employers and insured persons. Calculations of GOSI are based on earning of an employee (basic salary + housing allowance) of a ...