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Technology

The chief executive of technology investment firm, Advanced Technology Investment Co, plans to spend US$6 billion-US$7 billion to build a chip manufacturing facility in Abu Dhabi according to a recent interview with Dow Jones Newswires.

As a member of the Al Shoula consortium that was awarded signalling, operation and maintenance for the Haramain High Speed Line, Invensys Rail will provide the full turn-key signalling and train control systems.

Nuqul Group has announced the selection of Oracle Corporation as its strategic vendor for Enterprise Resource Planning (ERP) systems.

ABB has signed an agreement with Kuwaits central power and water utility, to provide maintenance services related to the Doha East power station and the Shuwaikh desalination plant.

A recent Telecommunication Regulatory Authority (TRA) survey on Access and use of Information and Communications Technology (ICT) in the United Arab Emirates (UAE) revealed that 26 per cent of organisations have made online sales.

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