What's new

Saudi Arabia cuts funding for students abroad

I don't really want KSA to fall. Too many bad elements in the country. If the Sheikhs fall, it would make Libya, Syria, and Afghanistan look like secular Switzerland. Imagine all those extremists that go to other countries, suddenly reigning supreme in their own country.
Best course of action would be the current mindsets in government (specially the inexperienced and aggressive Prince Mohammad) to be sidelined and a more intelligent group in the sheikdom to grab control of the country (in a peaceful manner). I don't wish civil war on my worst enemy.
They don't have to be Iran's best friend, but I'd be happy, even if it is something close to Turkey. Turkey isn't our BFF, but they aren't obsessed with burning the region just to get at Iran. We have political conflicts in certain areas, we sometimes lash out at each other, but at the same time, we have visa free travels, healthy tourism from Iran side, and a decent business from both sides.
You are talking about the aftermath of falling already. Keep on going......:-)
Terror scholarships won't be touched as they're the pillar of Saudi educational system.

You don't know what you are talking about my Romanian friend. Keep yourself to yourself please. You are too far away to worry about the Middle East.

They have put themselves in a catch-22 situation. If they continue on their current course of action, they will go bankrupt as per IMF. And if they reduce their oil production and increase the oil price, Iran and Russia will benefit more since these two will not reduce their oil production and will reap the benefits. Essentially they have checkmated themselves.

You always use bigger words than what you can comprehend. A 50+ years old Farsi who got nothing serious to do in life but to troll on a forum. We are going to get bankrupt, we are selling our oil fields to be able to eat, we are going get whatever disaster out there.

You are right, all of that is true. It will happen in the next 1-2 years. Prepare for your party with a big fucking fire to jump on and say " Marg Bar Tazian":victory:.
 
.
I don't really want KSA to fall. Too many bad elements in the country. If the Sheikhs fall, it would make Libya, Syria, and Afghanistan look like secular Switzerland. Imagine all those extremists that go to other countries, suddenly reigning supreme in their own country.

Best course of action would be the current mindsets in government (specially the inexperienced and aggressive Prince Mohammad) to be sidelined and a more intelligent group in the sheikdom to grab control of the country (in a peaceful manner). I don't wish civil war on my worst enemy.

They don't have to be Iran's best friend, but I'd be happy, even if it is something close to Turkey. Turkey isn't our BFF, but they aren't obsessed with burning the region just to get at Iran. We have political conflicts in certain areas, we sometimes lash out at each other, but at the same time, we have visa free travels, healthy tourism from Iran side, and a decent business from both sides.
Agreed if Saudi Arabia implodes, the radicals will gain power & will have access to cutting edge military equipment , it would be a disaster for the entire region !!!
 
.
Aren't Iran and Russia in the same boat? Low energy prices are not good for these countries either.

In the long term this is probably good for Saudi.

If the monarchy cannot continue to bribe the people then the chips will fall where it will. The radicals may try to take over but there are a lot more western educated people in Saudi today than a generation ago...who is to sAy they will just hand over their country to the radicals?

If long term low energy prices force the youth to work, trade and negotiate to earn a living, it will change the character of the nation for the better and better for the rest of the world too!
 
.
Rather than cutting, Saudi government should develop a system whereby they regularly examine the performance of Saudi students in their respective fields. Saudis should focus on training their students abroad and bringing them home and building a huge local resource base for training and educating their next workforce to world class quality--so that local innovation is propelled.

Lots of Saudi students I know just have fun when studying here... @Full Moon
 
.
Rather than cutting, Saudi government should develop a system whereby they regularly examine the performance of Saudi students in their respective fields. Saudis should focus on training their students abroad and bringing them home and building a huge local resource base for training and educating their next workforce to world class quality--so that local innovation is propelled.

Lots of Saudi students I know just have fun when studying here... @Full Moon
I have noticed that too - plus most of them are " language" or "business" students - hardly any in hard STEM fields. Some are in engineering but not too many. I have never met a Saudi medical student in America...

This is why drop in oil is good for Saudi, it forces young people to have to work and take hard courses, learn science and do business without a lot of money, learn to negotiate and deal with different kinds of people, it will change the character if the country. What do you think @Full Moon ? Am I misled?
 
.
@AUz @Sky lord

This Iranian guy is just trolling as his country is exporting refugees. Iranians come to Dubai and Kuwait looking for jobs and better life away from the poor management of their regime. Generally, we have no shortage of Saudi doctors or engineers (by the standards of a developing country like ours). The economy is just bigger than the population just like in many GCC countries. Hence, we have over 8 million expats. Studying abroad or in-country is both free and open to a great percentage of high school graduates. Studying abroad maximizes the global exposure in the eye of the student. That seems to be the ultimate goal behind it.
 
.
Aren't Iran and Russia in the same boat? Low energy prices are not good for these countries either.

Not really. Iran has a diversified economy, the Oil revenues towards government budgets are around 25%.

Of course if oil is higher in prices this percentage will rise, but oil has usually maintained a lower than 50% share in revenues.

@AUz @Sky lord

This Iranian guy is just trolling as his country is exporting refugees.

Is he? Or are you?

He posted Saudis cutting funds to support the scholarship funds of overseas students. And posted IMF predictions, that are shared by various economists.

Another Iranian member posted how the Military Operations in Yemen have nothing to show as results. Also a post that summarizes intelligence reports and operation review of many nations around the world.

I don't see trolling, just someone with thin skin.
 
.
@AUz @Sky lord

This Iranian guy is just trolling as his country is exporting refugees. Iranians come to Dubai and Kuwait looking for jobs and better life away from the poor management of their regime. Generally, we have no shortage of Saudi doctors or engineers (by the standards of a developing country like ours). The economy is just bigger than the population just like in many GCC countries. Hence, we have over 8 million expats. Studying abroad or in-country is both free and open to a great percentage of high school graduates. Studying abroad maximizes the global exposure in the eye of the student. That seems to be the ultimate goal behind it.

It's not some Iranian guy trolling it's IMF .... moreover I hope such a thing doesn't happen as far as it could put power in the hands of more extremist lovers ...

Saudi Arabia could be bankrupt within five years, IMF predicts
IMF Says Saudi Arabia Could Be Bankrupt By 2020
 
.
Aren't Iran and Russia in the same boat? Low energy prices are not good for these countries either.

Iran and Russia are in a different situation. Both could easier handle pain because of past experiences. Iran had 8 years of war and we have had sanctions for years with sanctions for few years ago even more strict. This has allowed us to better manage difficulties and not huge subsidies to take away from people to create discontent.

Of course there is the diversity of the economy plus local industry but we won't dwell on this. Instead I want to mention another thing which helps. The elections in Iran. Now outsiders can claim this is fake it whatever but the previous is not important here. What's important is the public perceives it as impactful so they participate. The best effect of elections (which we have almost every 2 years) is that it lets of steam. The people get involved, a few people move around, politicians blame each other, people take sides, victors get celebrate, losers get angry and protest, and by the end of it, if nothing else, it has been a good distraction. That's why regional countries suddenly explode into civil war butbit hasn't happened in Iran. It doesn't pile up.
 
.
I have noticed that too - plus most of them are " language" or "business" students - hardly any in hard STEM fields. Some are in engineering but not too many. I have never met a Saudi medical student in America...

This is why drop in oil is good for Saudi, it forces young people to have to work and take hard courses, learn science and do business without a lot of money, learn to negotiate and deal with different kinds of people, it will change the character if the country. What do you think @Full Moon ? Am I misled?

Skylord, the "language" students aren't there for language. They are studying for English tests like TOEFL etc...hence they all say "Oh I'm studying English here for now" lol..

But yeah, many of them are business majors..which is fine since management is a very important factor in modern civilization.

I know couple of Saudis/Qataris who are doing engineering btw. Good for them!
 
.
The government has been forced to tighten the rules of the $6 billion King Abdullah Scholarship Fund, limiting it to those attending one of the top 100 universities globally, or studying a program rated in the top 50 in its field.

The fund has been mired in corruption since the day it was launched and many alleged it to be a paid holiday fund rather than an educational fund...with students drawing hundreds and thousands of dollars to study rubbish...at shoddy universities..many low grade universities just accepted mass enrollment of Saudis to benefit from the scholarship funds...

@AUz @Sky lord

This Iranian guy is just trolling as his country is exporting refugees. Iranians come to Dubai and Kuwait looking for jobs and better life away from the poor management of their regime. Generally, we have no shortage of Saudi doctors or engineers (by the standards of a developing country like ours). The economy is just bigger than the population just like in many GCC countries. Hence, we have over 8 million expats. Studying abroad or in-country is both free and open to a great percentage of high school graduates. Studying abroad maximizes the global exposure in the eye of the student. That seems to be the ultimate goal behind it.




You cannot ignore the role of shoddy hiring on purpose by business owners too...because they can get away with expats doing a lot of abuse...and dont forget the cash cow..selling visas...since govt started the crack down..many of these shoddy business are going bust..

Kind Salman is on course, industrial production is already booming for 2016 supported by more transparent regulating + drop in commodity prices.

http://www.arabnews.com/featured/news/864846


RIYADH: The vision of Custodian of the Two Holy Mosques King Salman for the nation has seen considerable changes to domestic and foreign policy during his first year in power, including economic restructuring to deal with falling oil prices and efforts to tackle terrorism and bring peace to the volatile Middle East.

These were the sentiments expressed by Crown Prince Mohammed bin Naif, Deputy Crown Prince Mohammed bin Salman and Grand Mufti Abdul Aziz Al-Asheikh on Wednesday, according to SPA.
The crown prince said that King Salman’s statesmanship has seen the Kingdom become a destination for global political and business leaders. This has been because his approach continues to follow the precepts of the Qur’an, he said.
The king has focused on fighting extremism and terrorism to ensure the safety of the Kingdom’s citizens and those in neighboring countries. This includes efforts to counter the attempts by some countries to destabilize the region for their own ends, he said.
The crown prince said that on the domestic front, the king has taken decisive action, which includes restructuring state agencies, particularly those of the Council of Ministers.
He has removed many non-performing councils and bodies, and formed the Council of Political and Security Affairs and the Council of Economic Affairs and Development, which would oversee all changes and projects.
In addition, he launched Operation Decisive Storm to help the Yemeni people regain their land from Houthi rebels, and formed the Islamic Military Council, with its headquarters in Riyadh, to unite nations across the world against terrorist groups.
There has also been major revision of economic priorities, with several measures to account for the drop in oil prices. These changes were reflected in the country’s 2016 budget, which still focuses on supporting the needs of the nation’s citizens, he said.
The Council of Economic Affairs and Development has taken several measures to carry out the vision of the king, including looking at ways to diversify sources of income and reducing the country’s dependence on oil, said the crown prince.
Deputy Crown Prince Mohammed bin Salman said: “We can describe this year as the one of decisiveness and achievements. “At the national level, the royal orders contributed to the restructuring of the state’s agencies, particularly those of the Council of Ministers and the consequent cancelation of many councils and bodies, and the formation of the Council of Political and Security Affairs and the Council of Economic Affairs and Development.
“The Kingdom has become, during the past year, a destination for many of the leaders of the world, confirming its weight and excellent location on the world map.”
The deputy crown prince said King Salman’s response to the legitimate government of Yemen with the participation of many Arab and Islamic countries to regain its authority on Yemeni territory and fight against militias, has contributed to the return of the legitimate government to Yemen.
“The king’s call for the fight against terrorism and countering it by the formation of the Islamic Military Alliance under the command of Saudi Arabia and the establishment of a center for joint operations in Riyadh to coordinate and support military operations in the fight against terrorism and develop necessary programs mechanisms to support those efforts was welcomed by many of the sisterly and friendly countries,” he said.
With regard to the economic and development aspects, the deputy crown prince said: “The government continued, due to the king’s directives, in setting the economic priorities as well as the necessary initiatives and programs to support various development projects, taking into account the effects of lower oil prices on the state’s general budget and addressing them, in a way not affecting the needs of the country and its citizens.”
The grand mufti said King Salman has shown himself to be a decisive leader with a vision at a time when there is volatility across the Middle East; including having to deal with some countries that have a “greedy agenda” and want to take over the Kingdom.
He said that these nations not only endanger the Kingdom but all Muslims because Saudi Arabia is the home to Islam’s holiest sites. “Muslim pilgrims come here from all over the world because it is one of the holiest places in Islam. Maintaining the safety of our country is a religious duty.”
He also praised King Salman for his “wise decision” to launch Operation Decisive Storm to help the Yemeni people against the Houthis’ aggression. In addition, he welcomed the formation of the Islamic Military Alliance to fight terrorism.
“One of the important domestic accomplishments of King Salman has been the restructuring of the country institutions and councils.” He also commended the king for various measures to improve education and other aspects of the country.
The grand mufti described the king as a decisive man who has made great accomplishments. “He has a strong will-power and wisdom to make the right decisions at the right time,” he said.
He described the decision to launch Operation Decisive Storm as a wise one, “because it aims to restore legitimacy in Yemen and stop the Houthi aggression against its people.”
The grand mufti said the operation succeeded in its aims.
“King Salman’s reign is full of promising successes and accomplishments, and we pray for the long life of Custodian of the Two Holy Mosques King Salman,” Al-Asheikh said.
 
.
It's not some Iranian guy trolling it's IMF .... moreover I hope such a thing doesn't happen as far as it could put power in the hands of more extremist lovers ...

Saudi Arabia could be bankrupt within five years, IMF predicts
IMF Says Saudi Arabia Could Be Bankrupt By 2020

That is the thing. He goes around and posts one-liners against Iran but when some one posts real data from reputable sources, then he starts crying. Typical of this bunch.

The fund has been mired in corruption since the day it was launched and many alleged it to be a paid holiday fund rather than an educational fund...with students drawing hundreds and thousands of dollars to study rubbish...at shoddy universities..many low grade universities just accepted mass enrollment of Saudis to benefit from the scholarship funds...

Most of what we have seen in North America is they are studying English, "Business" and "Marketing" sort of subjects at shoddy institutes, funded by generous amounts of money allowing them to keep girl friends and attend various sorts of parties regularly. It is not like they are doing postdoc in quantum physics or studying black holes.
 
.
That is the thing. He goes around and posts one-liners against Iran but when some one posts real data from reputable sources, then he starts crying. Typical of this bunch.
.

IMF, Western Press and everything else in between has a habit of spreading rumors..the western news papers now a days represent a sick confused mind...Saudi Arabia is going no where in bankruptcy..IMF and World Bank has been passing such stupid predictions about several countries since many decades..

You cannot compares a country with $100B in frozen assess with one having over $600B of liquid cash..plus Saudi have several sources of income...other than Oil!
 
.
IMF, Western Press and everything else in between has a habit of spreading rumors..the western news papers now a days represent a sick confused mind...Saudi Arabia is going no where in bankruptcy..IMF and World Bank has been passing such stupid predictions about several countries since many decades..

You cannot compares a country with $100B in frozen assess with one having over $600B of liquid cash..plus Saudi have several sources of income...other than Oil!

Not at all. Propaganda is an offensive tactic used on enemies. Saudi Arabia is an ally of West. And IMF is not a news agency. It is an international organization, with Saudi Arabia being a member of it. The IMF report has not been denied or objected to by Saudis.

The reports are correct. Saudis are burning through their savings at a monumental rate. It is just a matter of time when those savings run out since Saudis depend on import for everything from cars to food to babysitters which is being paid by this savings. On top of that, now they have to spend lots and lots more on security and their wars. Their situation is dire: Is Saudi Arabia approaching an economic breaking point? - The Globe and Mail
 
.
@AUz @Sky lord

I have met many Saudi (and GCC) students back when I was an engineering student here in the US. Most of them study engineering, political science, and business. Although you will find other majors as well. The reason why many of them take English courses before starting their major is because Saudi school education is entirely in Arabic. For a Saudi student to enter an international school in KSA, you need a special permission. Although I did hear that they will start teaching English in public schools.

The problem is once these students graduate and go back to KSA, many companies won't hire them because the saudi bosses have a hard time dealing with saudi personnel under them, unlike the foreigners who don't complain as much. Unemployment among the youth is high because of this. The Saudi government eventually had to put quotas to force companies to hire a certain amount of saudis. I myself used to live in KSA for years, and even though the amount of saudis working in different jobs has increased (including women), most of the jobs, especially the important ones, are still occupied by foreigners.
 
.

Pakistan Affairs Latest Posts

Back
Top Bottom