Monday 22 July 2019

Saipem plans floating offshore wind farm in Saudi Arabia

Saipem has signed a memorandum of understanding with Plambeck Emirates, a solutions company in the field of renewables based in Abu Dhabi, and an exclusive agreement for the development and construction of a floating offshore wind farm.    The project phase


Dewa launches smart service for technical notices

Dubai Electricity and Water Authority (Dewa) has launched its Smart Response Service for electricity and water technical notifications, in line with its strategy of continuously developing its operations and services through innovation. The Smart Response Service includes several


Investcorp unit buys Swiss technology company

Investcorp Technology Partners, a leading European lower middle market technology investor, has announced the acquisition of a majority stake in Contentserv, a leading provider of Product Information Management (PIM) software, for an undisclosed consideration.   


Nasdaq Dubai welcomes $1bn DP World listing

Nasdaq Dubai today (July 18) welcomed the listing of a $1- billion Islamic bond (sukuk) and a $300-million conventional bond issued by global trade enabler DP World. DP World is the largest UAE debt issuer by value on the region’s international exchange, with sukuk and conv


Samsung begins production of 12GB chip for 5G phones

Samsung Electronics, a world leader in advanced memory technology, has begun mass producing the industry’s first 12-gigabit (GB) LPDDR5 mobile DRAM, which has been optimized for enabling 5G and AI features in future smartphones. The new mobile memory comes just five months


FL Technics starts VR training for aviation mechanics

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul service based in Lithuania, said it has begun implementing virtual reality (VR) modules for the basic training of aviation mechanics. It is a unit of Avia Solutions Group, an international, avi


Yokogawa Electric announces Centum VP R6.07

Japan-based Yokogawa Electric Corporation has announced the launch of Centum VP R6.07 - a core product in the OpreX Control and Safety System family of solutions. Centum VP R6.07 has been enhanced to enable communication with devices that support the Profinet Industrial Ethernet


Union Coop wins ISO certification for business continuity

Union Coop, the largest consumer cooperative in the UAE, said that it has received the ISO 22301:2012 certification for International Business continuity standards from ‘Bureau Veritas’ – Dubai Branch. The certification was received by Khalid Humaid Bin Diban Al


Eberhard & Co. opens its very own museum

Barbara Monti, CEO of Swiss luxury watch company Eberhard & Co., has opened the brand's very first watch museum, paying homage to a history defined by success, initiated in 1887 and marked by countless iconic creations, while simultaneously paying tribute to the town that saw the compan


Emaar to build first 3D printed home in Arabian Ranches III

Setting a new milestone in residential property development, global real estate developer Emaar Properties has announced plans to build its first 3D printed home in Dubai. This is the first step towards Emaar’s ambition to be a leading adopter of advanced construction techn

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