Business & Management

Global IT spending on enterprise software to witness first drop in 10 years

trme atr enterprise softwareThe global spending on enterprise software for 2020 will reach US$426bn, the first drop in 10 years, breaking an upward trajectory that began in 2009, according to data obtained by Buyshares.co.uk

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Honeywell opens facility in Saudi Arabia, supporting economic diversification

honeywell trme orme hssrmeHoneywell will open a facility for the production of gas detection devices in Saudi Arabia, in line with Saudi Vision 2030 and localisation commitments, underscoring Honeywell’s support to the In-Kingdom Total Value Add (IKTVA) programme

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GIQ Study: Accelerating Middle East energy sector towards a digital tipping point

GIQ survey trmeThe economic demand destruction triggered by the COVID-19 pandemic should propel the Middle East energy industry to accelerate its adoption of the 4th Industrial Revolution digital toolbox and embed greater operational efficiencies, according to Gulf Intelligence

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Schneider Electric and AVEVA to provide end-to-end multi-site data centre solution

pankaj sharma 20 maySchneider Electric and AVEVA have announced expanded partnership to deliver innovative solutions for the data centre market

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Moody’s: Abu Dhabi credit profile reflects strength of government's balance sheet

profits 1953616 640Total government debt in Abu Dhabi is equivalent to five per cent of the total value of the Abu Dhabi Investment Authority's (ADIA) gross assets under management, according to Moody’s report on credit developments from coronavirus

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