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Khalifa University Soars In Global Rankings, Solidifying UAE’s Academic Excellence

by THEFUTURE.TEAM

January 30, 2025

Abu Dhabi’s Khalifa University of Science and Technology continues to make waves on the global academic stage, securing top spots in the latest Times Higher Education (THE) World University Rankings by Subject for 2025. The university’s engineering program has climbed into the prestigious 126-150 range, while its Computer Science and Physical Sciences programs have both made impressive strides, now positioned within the 176-200 band. These results mark a major milestone for the institution, reaffirming its position as a key player in the UAE’s rapidly advancing educational landscape.

Khalifa University’s commitment to academic excellence is evident not only in its impressive subject rankings but also in its rapid ascent in global university rankings. For the first time, its Computer Science program has broken into the 176-200 range, while Physical Sciences also saw an uplift. Prof. Ebrahim Al Hajri, President of Khalifa University, expressed the institution’s pride in these results, saying, “This recognition validates our dedication to excelling across all academic disciplines, aligning with the UAE’s broader vision to lead globally in education and research.”

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The university’s remarkable rise doesn’t stop there. In 2024, Khalifa University was ranked 27th globally in the THE Young University Rankings, a leap of 22 positions from the previous year, making it the top-ranked university in the MENA region. These rankings, which assess universities aged 50 years or younger, highlight Khalifa’s fast-growing influence and its ability to compete with global academic heavyweights.

Khalifa University’s ascent in the Asia University Rankings for 2024 is equally noteworthy, having moved up five spots to claim the 40th position in Asia and the number one spot in the UAE. Furthermore, it ranks second among Arab universities in this category. The institution’s growth reflects its continuous efforts to enhance its academic offerings and foster an environment of innovation and collaboration. The university boasts three highly regarded colleges—the College of Engineering and Physical Sciences, the College of Computing and Mathematical Sciences, and the College of Medicine and Health Sciences—alongside 12 Core Research Centres, all of which contribute to its expanding academic footprint.

In a further testament to its excellence, Khalifa University’s Petroleum Engineering department was ranked 8th globally in the 2023 QS World University Rankings by Subject for Engineering and Technology. The department is known for its forward-thinking curriculum that combines the fundamentals of petroleum engineering with a focus on the business processes critical to field development and operations. Additionally, Khalifa’s Electrical and Electronics Engineering program ranks 99th globally, securing its place among the top 100.

As Khalifa University continues to break new ground, it solidifies its role as a key institution shaping the future of higher education, not only in the UAE but on the global stage.

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Bending Spoons Buys Miro As SaaS Valuations Continue To Reset

by THEFUTURE.TEAM

September 10, 2026

Bending Spoons is buying Miro for $1.36 billion in cash, implying an equity value of $1.79 billion. That is about 90% below the workplace collaboration company’s $17.5 billion valuation in late 2021.

From Digital Whiteboard To AI Workspace

Founded in 2011 as RealtimeBoard, Miro began as a digital whiteboarding tool for remote teams. Demand surged during the pandemic, helping the company expand from about five million users to roughly 30 million between 2020 and 2022.

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Miro later added more than 250 integrations and partnerships with Atlassian, Cisco, Microsoft and Zoom. Today, it describes itself as an “AI innovation workspace,” offering AI assistants, prototyping tools and integrations with GitHub, Jira and Slack.

Growth Slowed After The Pandemic

Miro now has more than four million paying customers and 100 million total users, with about $600 million in annual recurring revenue. Businesses and enterprises generate roughly 90% of revenue, while the company has about $435 million in net cash and is profitable.

Its valuation decline reflects a broader reset in SaaS markets. As pandemic-driven demand faded, companies cut software spending and consolidated overlapping tools, increasing pressure on stand-alone collaboration platforms competing with broader ecosystems from companies such as Microsoft, Canva and Figma.

Bending Spoons Targets Mature Software

Miro has also reduced its workforce since reaching about 1,200 employees in 2022, cutting 119 positions in February 2023 and another 275 in October 2024, according to its CEO.

The acquisition fits Bending Spoons’ broader strategy of buying established software companies whose valuations have fallen but whose recurring revenue and user bases remain substantial. It previously agreed to acquire Airtable for $1.28 billion after the company had been valued above $11 billion in 2021.

For Bending Spoons, the strategy is a bet on durable revenue and profitability rather than the rapid-growth expectations that drove software valuations during the pandemic.