Hyundai Heavy to invest $3.1bn in R&D by 2021

From now on, the group will operate as four independent firms: Hyundai Heavy Industries, Hyundai Electric & Energy Systems, Hyundai Construction Equipment, and Hyundai Robotics
Source: New feed

Jordan: ACWA Power donates $4m PV plant to school

King?s Academy in Jordan has signed a memorandum of understanding (MoU) with ACWA Power to design, develop and construct a Solar Photovoltaic Facility (PV) on the school?s campus
Source: New feed

Robotised vehicle repair cuts costs by 25% to 30%

Italian company Symach is planning the UAE launch of Fixline, an automated bodyshop repair process that uses robotics to reduce workshop time to two days on average
Source: New feed

Saudi: Genset rental to grow by 3.7% until 2022

After a severe slowdown in the Saudi Arabian genset rental market, a steady improvement is now expected on the back of public backing of projects and industry
Source: New feed