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Middle East

CBSE Cancels Class 12 Board Exams in Middle East Amid Security Concerns

/ Education Community

The Central Board of Secondary Education (CBSE) has cancelled the Class 12 board examinations scheduled between March and April 2026 for students appearing from several Middle Eastern countries. The decision was announced through an official circular issued on March 15 after reviewing the feasibility of conducting the exams in the region. The cancellation applies to CBSE-affiliated schools in Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. According to the board, all Class 12 examinations scheduled from March 16 to April 10, 2026, in these countries will no longer be conducted. CBSE also clarified that examinations which had earlier been postponed through circulars issued on March 1, March 3, March 5, March 7, and March 9 have now been officially cancelled. The board stated that the process for evaluating students and declaring the results will be announced separately at a later date. The circular was issued by Dr. Sanyam Bhardwaj, Controller of Examinations at CBSE, and addressed to principals of all CBSE-affiliated schools in the Middle East. Copies of the notice were also sent to Indian ambassadors in the seven affected countries, the Consul General of India in Dubai, and the Director of the CBSE Regional Office and Centre of Excellence in Dubai. Earlier in March, CBSE had initially postponed the Class 10 and Class 12 examinations scheduled for March 2 and March 3 in the Middle East region through a circular dated March 1. A subsequent notice issued on March 3 further postponed the March 5 and March 6 exams, stating that the board would review the situation and take further decisions regarding examinations scheduled from March 7 onwards. Meanwhile, the Council for the Indian School Certificate Examinations (CISCE) has also cancelled the Indian Certificate of Secondary Education (ICSE) and Indian School Certificate (ISC) examinations scheduled at all centres in the UAE. Confirming the development, CISCE Chief Executive and Secretary Dr. Joseph Emmanuel said that the results of affected students will be determined through an alternative assessment method, with detailed evaluation guidelines to be announced later. He added that the results for these students will be declared alongside those of students appearing for the exams in India. The cancellations come amid the ongoing security situation in the Middle East. The UAE government has also announced an early start to the spring break for schools and universities, placing students and staff on vacation from March 9 to March 22. Source: Indian Express  

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Saudi Arabia Leads Middle East M&A Activity in Chemicals Sector with $500 Million Deals

/ Human Resource Community

In the first quarter (Q1) of 2024, Saudi Arabia has emerged as the leader in mergers and acquisitions (M&A) in the Middle East’s chemicals sector, according to recent data from financial markets platform Dealogic. The Kingdom recorded $500 million worth of deals in the chemicals sector, highlighting its significant role in the region’s M&A landscape. Dealogic’s figures revealed that Saudi Arabia’s total M&A deal volume for Q1 2024 reached $955 million, with the chemicals sector accounting for a substantial 52.4 percent of this total. Notably, Saudi Arabia was the only country in the Middle East to exhibit activity in the chemicals sector during this period. A report from management consulting firm Kearney earlier this month indicated that chemical industry executives expect increased M&A activity, particularly driven by strategic investors such as national oil companies. “Recent deals by major players like Aramco and ADNOC underscore the region’s commitment to leveraging M&A as a key growth lever, setting the stage for a dynamic and transformative period ahead,” stated Jose Alberich, partner for the Middle East and Africa at Kearney. Beyond the chemicals sector, Dealogic’s data highlighted other targeted sectors in Saudi Arabia. The professional services sector was the second most targeted, with deals worth $160 million, accounting for 16.8 percent of the Kingdom’s total M&A volume. The technology sector followed closely with $138 million in deal value, capturing a 14.5 percent share. Additionally, the retail and insurance sectors represented 7 percent and 4.1 percent of the total, respectively. The broader Middle East M&A landscape saw a targeted deal volume of $6.21 billion in the first three months of the year. The technology sector led with 42 deals worth $1.56 billion, underscoring its growing prominence in the region. However, on a global scale, M&A activity experienced a significant decline during the same period. The number of transactions fell by 31 percent to 7,162, marking one of the quietest quarters for dealmakers in nearly two decades. This global slowdown was largely attributed to high capital costs, with Switzerland being the only major economy to cut interest rates in 2024.

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