Abu Dhabi’s Khalifa University has been named as the third-best educational institution in the Arab world in the latest global university rankings.
Coming in behind Saudi Arabia’s King Abdulaziz University and its King Fahd University of Petroleum and Minerals, Khalifa University was ranked 181st in research from UK education analysts, QS Quacquarelli Symonds.
Khalifa University was found to have the highest faculty-student ratio in the Arab world and is the UAE’s best institution for research.
King Abdulaziz University improved for an eighth consecutive year to reach its highest ever rank of 106th.
Qatar University moved up 16 positions to 208th, climbing 349 places globally in terms of academic reputation.
Lebanon is home to six of the Arab world's 20 highest-ranked universities — joint highest alongside the UAE. Its top university is the American University of Beirut, in 252nd place.
Egypt is the only Arabic-speaking country on the African continent to place in the world top 500, with the American University in Cairo ranking 416th.
Arab world universities in the top 500 in 2023
106 — King Abdulaziz University
160 — King Fahd University of Petroleum and Minerals
181 — Khalifa University
208 — Qatar University
237 — King Saud University
252 — American University of Beirut
296 — United Arab Emirates University
369 — American University of Sharjah
= Sultan Qaboos University
384 — Umm Al Qura University
477 — Imam Abdulrahman bin Faisal University
Ben Sowter, Senior Vice President at QS Quacquarelli Symonds, presented the rankings in New York on Wednesday. He said the UAE was "clearly a hugely attractive higher-education destination for international faculty and students alike".
This reflected a high ratio of staff to students and strong research performance, he said.
"The UAE’s performance in this year’s rankings comes as little surprise. It follows a multi-year trend for the nation and is to be expected from an economy that has been expanding exponentially for several decades.
"Subsequently, the UAE has experienced one of the biggest higher education booms in the world as ambitious development projects have pumped vast resources into creating new and expanding universities.”
Outside the Arab world, the Massachusetts Institute of Technology (MIT) marks 11 years as the world’s best university while the University of Oxford (4th) drops two places and the University of Cambridge (2nd) gains one.
British and American universities held nine of the top 10 places, alongside Swiss institution ETH Zurich. China and Singapore were also represented in the top 20.
The highest-ranked university in Latin America was Argentina's Universidad de Buenos Aires, which came 67th. Africa's top scorer was the 237th-placed University of Cape Town in South Africa.
Top 20 world university rankings 2023
1 — Massachusetts Institute of Technology, US
2 — University of Cambridge, UK
3 — Stanford University, US
4 — University of Oxford, UK
5 — Harvard University, US
6 — Caltech, US
7 — Imperial College London, UK
8 — University College London, UK
9 — ETH Zurich, Switzerland
10 — University of Chicago, US
11 — National University of Singapore
12 — Peking University, China
13 — University of Pennsylvania, US
14 — Tsinghua University, China
15 — University of Edinburgh, UK
16 — Swiss Federal Institute of Technology Lausanne, Switzerland
16 — Princeton University, US
18 — Yale University, US
19 — Nanyang Technological University, Singapore
20 — Cornell University, US
US and Canada
In the US, 103 out of 201 universities fell in the list while 29 rose. Twenty-five universities were new entrants.
In Canada, 20 out of 31 universities dropped and McGill University (31st) became the new national leader.
Europe
Forty-eight of 90 universities fell in the list in the UK while 10 improved.
Top 10 UK university rankings 2023
2 – University of Cambridge
4 – University of Oxford
6 – Imperial College London
8 – UCL
15 – The University of Edinburgh
28 – The University of Manchester
37 – King’s College London
56 - The London School of Economics and Political Science (LSE)
61 - University of Bristol
64 – University of Warwick
ETH Zurich has remained continental Europe’s best university for 15 consecutive years.
France’s merged universities ascended in the table, with Paris Sciences et Lettres University (26th) breaking into the top 30.
Asia
More universities improved than fell in India, with all top nine institutions continuing to rise.
China has the third most-represented higher education system (71 universities) and is home to two of the world’s top 15 universities for the first time ever — Peking University (12th) and Tsinghua University (14th).
Asia’s top university is the National University of Singapore, which ranked 11th globally.
Universities in Malaysia, South Korea and Indonesia improved while those in Japan and Thailand declined.
Africa
Africa’s leader is the University of Cape Town (237th). Only five of the continent’s universities are among the top 500
Latin America
Universidad de Buenos Aires (67th) is confirmed as Latin America’s best. Hampered by low research impact scores, more of the continent’s universities fell in the rankings.
Australia
Australia retains five top 50 universities and as many universities improved as declined.
About QS Quacquarelli Symonds world university rankings
The QS index features 1,418 institutions across 100 locations. The results account for 16.4 million academic papers and 117.8 million citations received by those papers. They also reflect the expert opinions of 151,000 academic faculty and 99,000 employers.
The index uses six indicators to compile the rankings, including academic and employer reputation, citations per faculty, faculty-to-student ratio, international faculty ratio and international student ratio.
This year, the company added two performance measurements, including employment outcomes and international research network, which analyses international research collaboration and knowledge transfer.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
WandaVision
Starring: Elizabeth Olsen, Paul Bettany
Directed by: Matt Shakman
Rating: Four stars
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
Killing of Qassem Suleimani
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
UAE v IRELAND
All matches start at 10am, and will be played in Abu Dhabi
1st ODI, Friday, January 8
2nd ODI, Sunday, January 10
3rd ODI, Tuesday, January 12
4th ODI, Thursday, January 14
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Votes
Total votes: 1.8 million
Ashraf Ghani: 923,592 votes
Abdullah Abdullah: 720,841 votes
TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
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About Karol Nawrocki
• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.
• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.
• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.
• Met Donald Trump at the White House and received his backing.
Sour%20Grapes
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Thanksgiving meals to try
World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.
Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as well as festive food platters, canapes and both apple and pumpkin pies.
Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.
The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.
Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.
ESSENTIALS
The flights
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes.
Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
KILLING OF QASSEM SULEIMANI
BeIN Sports currently has the rights to show
- Champions League
- English Premier League
- Spanish Primera Liga
- Italian, French and Scottish leagues
- Wimbledon and other tennis majors
- Formula One
- Rugby Union - Six Nations and European Cups
New Zealand 21 British & Irish Lions 24
New Zealand
Penalties: Barrett (7)
British & Irish Lions
Tries: Faletau, Murray
Penalties: Farrell (4)
Conversions: Farrell
MATCH INFO
Confederations Cup Group B
Germany v Chile
Kick-off: Thursday, 10pm (UAE)
Where: Kazan Arena, Kazan
Watch live: Abu Dhabi Sports HD
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5