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Higher Education and Philanthropy Potential in the GCC States: Analysis of Challenges and Opportunities for FDI and Venture Philanthropy in the MENA Region

Higher Education and Philanthropy Potential in the GCC States: Analysis of Challenges and Opportunities for FDI and Venture Philanthropy in the MENA Region
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Author(s): Henry C. Alphin Jr. (Drexel University, USA)and Jennie Lavine (Higher Colleges of Technology, UAE)
Copyright: 2016
Pages: 35
Source title: Facilitating Higher Education Growth through Fundraising and Philanthropy
Source Author(s)/Editor(s): Henry C. Alphin Jr. (Drexel University, USA), Jennie Lavine (Higher Colleges of Technology, United Arab Emirates), Stormy Stark (Pennsylvania State University, USA)and Adam Hocker (Pennsylvania State University, USA)
DOI: 10.4018/978-1-4666-9664-8.ch005

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Abstract

In this chapter we aim to discuss the opportunities for FDI and venture philanthropy in higher education for the Middle East and North Africa. The MENA region has gathered interest due to the large population and increasing governmental influence on improving higher education in general in the region, and creating partnerships with organizations to better match higher educational options and employment. The GCC plays a large role in the impetus of foreign institutes wanting to invest in the economically developing MENA region. There are many challenges to overcome, some of which are great enough to discourage FDI; but overlooking the initial challenges, there are a wealth of opportunities awaiting exploration.

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