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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Foreign-Controlled Firms In Cyprus Punch Above Their Weight With More Than 40,000 Jobs

by THEFUTURE.TEAM

October 8, 2026

Foreign-controlled enterprises may represent only a modest slice of Cyprus’ business landscape, but their economic footprint is anything but small. In 2024, these firms accounted for 10% of employment in the country and generated €4.76 billion in value added, according to Eurostat.

A Small Group With Outsized Economic Impact

Eurostat’s data show that 681 foreign-controlled enterprises were operating in Cyprus across industry, construction and market services last year, employing 40,187 people. Together, they produced €4.76 billion in value added, underscoring the importance of internationally owned businesses to the Cypriot economy.

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That contribution is notable precisely because of the limited number of companies involved. In structural terms, foreign-controlled firms remain a small part of the market. In economic terms, they are major employers and significant value creators.

How Cyprus Compares Across The European Union

Across the European Union, 364,308 foreign-controlled enterprises employed 25.64 million people in 2024 and generated €2.68 trillion in value added. Although they made up just 1% of all market producer enterprises, they accounted for 16% of employment and 24% of total value added.

Most of these firms were controlled by institutional units from other EU countries, which made up 59% of the total. The remaining 41% were controlled from outside the bloc.

Cyprus sits near the middle of the pack on employment share. Foreign-controlled enterprises accounted for 10% of jobs in the country, the same as Italy and above Greece, where the figure stood at 8%.

Where Foreign Ownership Matters Most

Luxembourg recorded the highest share of foreign-controlled enterprises among EU member states, with such companies making up 28% of all enterprises. Estonia followed at 12%. In every other member state, the share was 5% or less, ranging from 0.3% in Poland and Italy to 5% in Croatia.

The contribution of foreign-controlled businesses to national output also varied sharply across the bloc. Ireland led with foreign-controlled enterprises responsible for 72% of value added, followed by Luxembourg at 62% and Slovakia at 50%.

At the lower end, foreign-controlled enterprises accounted for 15% of value added in France and 18% in both Italy and Germany.

Cyprus Versus Greece

Cyprus’ 681 foreign-controlled enterprises generated €4.76 billion in value added, according to Eurostat’s table covering industry, construction and market services. By comparison, Greece had 4,548 foreign-controlled enterprises employing 281,558 people and generating €22.31 billion in value added.

The contrast illustrates a broader pattern across Europe: foreign-controlled firms often represent a small share of the total business population, yet their role in jobs, investment and economic output is disproportionate to their numbers.

The Broader Policy Lesson

For policymakers, the data reinforce a familiar but important point. Economies that attract and retain foreign-controlled firms gain more than corporate presence alone; they secure employment, capital deployment and productivity gains that can ripple through the wider business ecosystem.

In Cyprus, that dynamic is especially clear. Fewer than 700 foreign-controlled enterprises employ more than 40,000 people and contribute billions to the economy, showing how global capital can shape a small open economy far beyond its numerical footprint.

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