Business & Management

Federal budget 2020: UAE allocates 14 per cent to infra and economic resources

Federal budgetThe UAE has approved a zero-deficit federal budget of US$16.6bn (AED61.354bn), its highest ever, for 2020 fiscal year

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Bentley Systems announces acquisitions of Citilabs and Orbit Geospatial Technologies

BS diigtal cities offeringsAt the Year in Infrastructure conference in Singapore, Bentley Systems, Incorporated has announced the acquisition of global mobility simulation (CUBE) and analytics (Streetlytics) software provider Citilabs and global provider of 3D and mobile mapping software Orbit Geospatial Technologies (Orbit GT)

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UAE to witness 2.4 per cent economic growth in 2019: Central Bank

UAE Central BankReal economic growth in the UAE exhibited year-on-year (Y-o-Y) growth of 2.2 per cent in the second quarter (Q2) of 2019, lower than in the previous quarter, said the Central Bank of the UAE estimating that the national economy is expected to grow 2.4 per cent during the year, driven by faster growth in the non-oil sector, according to a report.

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Barakah One, KEPCO to explore new nuclear energy projects

BOC and KEPCO sign MoUEmirates Nuclear Energy Corporation (ENEC) subsidiary Barakah One Company (BOC) has signed a memorandum of understanding (MoU) with Korea Electric Power Corporation (KEPCO)

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DEMILEC launches spray foam insulation products for Middle East market

price chopper2Demilec, Inc, a subsidiary of Huntsman Corporation and one of North America's leading manufacturers of open- and closed-cell spray polyurethane foam (SPF) insulation and coatings, has launched several spray foam insulation products for the Middle East market

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