Despite oversupply, UAE education sector offers opportunities.

The UAE education is experiencing oversupply of schools which will force the low-performing institutions out of the market while the medium and high-end schools will see consolidation, industry executives and experts said during a panel discussion on Wednesday.

Despite the oversupply in the market, they believe opportunities still existing for new players who can offer quality education at competitive prices.

"There is certainly oversupply in the market. Hence, there will be competition among new entrants," said Dino Varkey, CEO, Gems Education.

He noted that the local market is more mature and growing at normal rate despite some global softening and macro headwinds on the local market. "We had seen up to 11 percent growth in previous years, but now we are growing at 3.5 percent, which is more mature rate and it is faster than the growth in population," said Varkey during a panel discussion hosted by HSBC Bank Middle East in Dubai.

Raza Khan, CEO, Al Najah...