Why not as a student ask to transfer to AFT in the UK, the sister school of Ayla. It's JAA approved, well run, has great instructors and you'll get MCC. The cost at the current exchange rate is almost the same as a CARC CPL/IR.
I think your chances of employment in the middle east would be better with a JAA Frozen ATPL Licence and will be recognised by Gulf Air and Bahrain authority!