Saudi Basic Industries Corporation (Sabic) has opened its state-of-the-art Sabic Technology Center (STC) in Shanghai, built with an initial investment of $100 million.
The centre, one of Sabic’s 17 Sabic global R&D cente
IBM recently revealed a list of innovations that will mark the era of cognitive systems when computers will, in their own way, see, smell, touch, taste and hear, changing the way people work, live and interact during the next five years.
Saudi Basic Industries Corporation (Sabic) is the only company from the GCC region to make it to the list of world’s top innovation spenders since 2008, ranking 416th out of the 1,000-strong list, said a report.
This is a ma
Masdar, Abu Dhabi’s renewable energy company, and Siemens have signed the detailed agreements on their long term Strategic Partnership, which was first announced in October 2010.
“Today the partnership of Siemens and Masdar has reached a s
The commercial private sector in the region should be encouraged to become more active in investing in Research and Development, an expert said.
‘As part of their drive to diversify their economic base and build knowledge-based economies,
A state-of-the-art Nucleotide Laboratory Complex has been inaugurated at Dubai Biotechnology and Research Park (DuBiotech), the leading business park dedicated to the life sciences industry and a member of Tecom Investments.
Masdar, Abu Dhabi’s renewable energy initiative, and Siemens have signed an agreement establishing a long term strategic partnership, which will also see Siemens setting up its Middle East headquarters in Masdar City.
Siemens will implemen
Bahrain is set to establish a first-of-its-kind Nanotechnological Centre, which would supply ready-to-use products in the GCC that would be used in several areas such as medicine, motor transport and construction.
The centre aims to create
Bahrain is "falling short" in its capacity for domestic research and development, Economic Development Board (EDB) chief executive Shaikh Mohammed bin Essa Al Khalifa has said.
He said without a stronger Bahraini research and development a
Dubai Biotechnology and Research Park (DuBiotech), a member of Tecom Investments, has started operations at its new four-storey nucleotide laboratory complex.
DuBiotech said the complex is now ready for companies to move in.