The University of Cambridge has been accused of entering “a Faustian pact” over plans for a £400m collaboration with the United Arab Emirates in what would be the biggest deal of its kind in the university’s history.
According to internal documents seen by the Guardian, the 10-year collaboration would help Cambridge, one of the wealthiest higher education institutions in the UK, “weather the challenges faced by universities as a result of Covid, Brexit and a constrained funding environment”.
The documents state that the UAE has pledged to commit £312m – the biggest single donation by far that the university has received – and £90m will be paid in kind through Cambridge staff time. » | Sally Weale | Wednesday, July 7, 2021
