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Dubai Future Foundation and Dubai Holding plans to invest $272m (AED1bn) over five years to advance research and development, and entrepreneurship
Source: New feed

Out of Aldar?s total debt of $1.6bn (AED6bn), bank loans fund $871m (AED3.2bn) ? $490m (AED1.8bn) of which is now being refinanced, its CEO has said
Source: New feed

Autodesk stops offering perpetual licenses and suites and introduces Collections, a one-package subscription offering for all its industry-specific products. The AEC Collection has 22 products. 

Source: New feed

Qatar’s ongoing infrastructure projects underway in the lead up to the 2022 FIFA World Cup, is the motivation for QNCC to build a fifth cement plant
Source: New feed

In a major step toward providing a common set of equipment data across mixed fleets, the telematics standard in development by the Association of Equipment Manufacturers has received approval on July 21 from the International Organization for Standardization (ISO) as a global standard.

Source: New feed

31,000 Saudi and foreign employees at Saudi Oger claimed their salaries have been delayed for several months
Source: New feed

Clean energy firm NextEra’s $18.4-billion bid for Oncor is on heels of failed Hawaii utility deal.
Source: New feed

The project at Dubai Safari Park includes building a 1,000-seat theatre, a clean energy production garden, and an interactive garden for children
Source: New feed

The consortium has been awarded an EPC contract for the 1,792MW combined cycle gas turbine Power Station 5 (PS 5) plant, it has been announced
Source: New feed

Smashing!, which has an annual turnover of $2.7m, will be integrated into Farnek Group company, Hitches & Glitches
Source: New feed