Dubai Investments, DI, and the University of Balamand, UOB, a non-profit higher education institution based in Lebanon, have signed a memorandum of understanding, MoU, to establish an academic campus within the Dubai Investments Park, DIP.
This is the first-of-its-kind university campus within DIP and marks DI’s foray into the education sector, and the UOB campus will offer the entire spectrum of 70-plus academic under-graduate programmes and master’s degree in 55 disciplines currently on offer in its Lebanon campuses.
The academic facility will also be UOB’s first outside Lebanon, where it currently operates four campuses.
The MoU between DI and UOB aims at developing academic and educational cooperation and outlining the proposed framework for the joint initiative, and was signed by Khalid Bin Kalban, Managing Director and CEO of Dubai Investments PJSC, and Dr. Michel Ibrahim Najjar, Dean, Faculty of Engineering and Vice President for Development, Administration and Public Affairs at The University of Balamand.
The MoU comes amidst industry study which ranks the UAE as a preferential educational destination for students. UAE is ranked 15th in terms of quality of education in a World Economic Forum (WEF) list of 148 countries.
Source : WAM News Agency for United Arab Emirates
