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Knowledge economy gets big boost
US technology and IT firms to expand their presence in the Dubai Silicon Oasis
UAE’s IT spending to cross US$1.83 billion by 2013
UAE's ATIC makes bid to acquire Singapore's Chartered Semiconductor Manufacturing
Classes start for first students at Masdar Institute of Science and Technology
Dubai Institute of Technology, Fraunhofer agree set up Intellectual Capital Framework
UAE ranks first among Arab countries on internet users rate, first worldwide on mobile telephone call cost
TRA, EIAST sign MoU on UAE National Astronomical Telescope
Two new ground satellite will be built out in the desert
TechnoPark signs agreement with Daedeok Innopolis in South Korea
UAE's first earth observation satellite to launch in late 2008
UAE to spend US$15b on ICT by 2011
UAE IT services market consolidates with high demand for value-added services
DuBiotech's Dh250m research laboratory to open in December
Abu Dhabi based company PAL Technology unveils latest generation humanoid Robot Reem B

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THE ECONOMY - TECHNOLOGY SECTOR


Knowledge economy gets big boost
Posted on 04/01/2010

It is extremely important to create opportunities for research and acquire know-how to develop a knowledge economy, said a senior scientist on the eve of the launch of the region's biggest research complex. Dubai Biotechnology and Research Park (DuBiotech) recently announced the Nucleotide Laboratory Complex, the biggest in the Middle East, is now operational and ready for companies to move in. Dr Marco Baccantio, executive director of DuBiotech, said since Dubai is strategically placed, ...  >>MORE



US technology and IT firms to expand their presence in the Dubai Silicon Oasis
Posted on 21/12/2009

Dubai Silicon Oasis (DSO), the region's premier integrated innovations hub for high-technology industries, yesterday announced a high-level official delegation held discussions with a number of US-based technology and IT companies seeking to set up presence in the Middle East. The companies represented diverse technology segments including consumer Internet, digital media, enterprise software, IT infrastructure, and circuit design. The delegation was in the US as part of DSO's participation ...  >>MORE



UAE’s IT spending to cross US$1.83 billion by 2013
Posted on 27/10/2009

Spending in IT services in the UAE is expected to post a compound annual growth rate of 12.4 per cent between 2008 and 2013, and to surpass US$ 1.828 billion by the end of that period, forecasts the global market intelligence firm Information Data Corporation or IDC. IT services market in the UAE was worth US$1.02 billion last year (2008), representing a 29.1 per cent year-on-year increase even during the peak recession period, reveals the just-released ‘IT Services Forecast' report from the ...  >>MORE



UAE's ATIC makes bid to acquire Singapore's Chartered Semiconductor Manufacturing
Posted on 08/09/2009

Advanced Technology Investment Company LLC (ATIC) of Abu Dhabi and Chartered Semiconductor Manufacturing (Chartered) of Singapore today announced a definitive agreement whereby ATIC would acquire Chartered, one of the world's top dedicated semiconductor foundries, for US$1.8 billion (S$2.5 billion). ATIC is offering S$2.68 for each Chartered ordinary share. The total value of the deal is about US$3.9 billion, including debt and convertible redeemable preference shares of approximately US$2.2 ...  >>MORE



Classes start for first students at Masdar Institute of Science and Technology
Posted on 07/09/2009

Classes start for first students at Masdar Institute of Science and Technology Masdar Institute of Science and Technology, the world's first graduate academic institution dedicated to the research of alternative energy, environmental technologies and sustainability, has commenced with classes for the inaugural intake of graduate students. Lectures began today for the 92 pioneering students who were selected from more than 1,200 applicants from 82 countries worldwide. The new students, who ...  >>MORE



Dubai Institute of Technology, Fraunhofer agree set up Intellectual Capital Framework
Posted on 27/07/2009

Dubai Institute of Technology (DIT), the Research and Development arm of Economic Zones World (EZW), in partnership with Fraunhofer IPK, the leading German applied research organisation, announced the establishment of a framework for Intellectual Capital within the science and technology park. The agreement, signed by Hamad Al Hashemi, Managing Director, Dubai Institute of Technology and Prof. Dr.-Ing. Kai Mertins, Director at Fraunhofer IPK, will accelerate the progress of knowledge ...  >>MORE



UAE ranks first among Arab countries on internet users rate, first worldwide on mobile telephone call cost
Posted on 09/03/2009

The UAE ranked first among Arab countries inn internet users rate, international internet bandwidth rate, the importance of ICT to government vision of the future, personal computers rate, ICT use and government efficiency; e-government readiness index, government prioritisation of ICT, laws relating to ICT, and the number of telephone lines, according to The Global Information Technology Report 2007 - 2008, released by the World Economic Forum based on the estimates of the International ...  >>MORE



TRA, EIAST sign MoU on UAE National Astronomical Telescope
Posted on 19/02/2009

The UAE Telecommunications Regulatory Authority (TRA) and Emirates Institution for Advanced Science '&' Technology (EIAST) signed yesterday a Memorandum of Understanding (MoU), whereby the TRA will sponsor the establishment of a National Astronomical Telescope for the UAE (Emirates Telescope Project) under the technical and scientific supervision of the EIAST that will coordinate with all relevant parties. The signing ceremony took place at the TRA offices in Abu Dhabi. by Mohamed Nasser Al ...  >>MORE



Two new ground satellite will be built out in the desert
Posted on 07/10/2008

Two satellite tracking ground stations are to be built in the desert next year to service the UAE's first satellite communication systems. One of the sites is about 40km from the city centre of Abu Dhabi, while the other is located near Al Ain. Combined, the sites will cover 15,000 square metres and house technical and administrative buildings, and large antennae to keep track of the satellites, reports Clarke Bond, the British engineering and management consultancy company appointed as the ...  >>MORE



TechnoPark signs agreement with Daedeok Innopolis in South Korea
Posted on 25/09/2008

TechnoPark, the science and technology facilitator of Economics Zones World signed a Memorandum of Understanding with Daedeok Innopolis, the hub of South Korea's science and technology sector focusing on the exchange of skills and professional know-how including one-stop support services, incubating and management. As per the agreement, the two parties will exchange information and knowledge on best practice models with respect to the effective planning, development and operation of science ...  >>MORE



UAE's first earth observation satellite to launch in late 2008
Posted on 24/09/2008

The Emirates Institute for Advanced Science and Technology (EIAST), has announced that DubaiSat-1, the country's first remote sensing/Earth Observation satellite, is all set to launch. The UAE's first earth observation satellite was developed by SatrecI in South Korea with in-depth participation by UAE engineers from the EIAST and is "space ready" according to an official in Dubai. Dubai Sat-1 will provide the UAE with its first dedicated Eye in the Sky, and now awaits its launch later this ...  >>MORE



UAE to spend US$15b on ICT by 2011
Posted on 21/09/2008

The UAE is currently spending US$11.4 billion on Information and Communications Technology (ICT), and that figure is set to rise to US$14.8 billion by 2011, according to research conducted by economic and financial analysts Global Insight. The country has been a leader in the Middle East when it comes to spending on ICT, according to the researcher. Of the overall industry, IT spend alone in the UAE will reach US$2.3 billion in 2012, with a continuous annual growth of 23.9 per cent, ...  >>MORE



UAE IT services market consolidates with high demand for value-added services
Posted on 15/09/2008

The IT services market in the United Arab Emirates has been growing substantially faster than expected, as demand has been shifting from infrastructural investment toward more strategic projects. According to a recent IDC study, IT services spending in UAE skyrocketed by 41.0 percent year-on-year in 2007 to nearly US$791 million. In coming years, IDC expects IT services spending in UAE to continue to expand rapidly, fueled by a strong economy, a maturing IT market, skilled-labor shortages, ...  >>MORE



DuBiotech's Dh250m research laboratory to open in December
Posted on 03/09/2008

Dubai Biotechnology and Research Park (DuBiotech) announced on Tuesday that its Dh250 million research laboratory will be up and running in December. Comprising about 250,000 square feet, the research lab will be able to accommodate 100 companies, depending on the company's requirements. The science and business park for life sciences industry, launched in 2005, currently has 42 companies who have set up offices in the free zone, and many more are in the pipeline, officials said. Rudaina ...  >>MORE



Abu Dhabi based company PAL Technology unveils latest generation humanoid Robot Reem B
Posted on 13/06/2008

HH General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces attended yesterday launch of Reem B, a prototype for the development of one of the most sophisticated humanoid service robots in the world. The launch event which was organised by Pal Technology on Reem Island in Abu Dhabi, was also attended by HH General Sheikh Saif bin Zayed Al Nahyan, Minister of Interior. Reem B is the next generation prototype of a humanoid ...  >>MORE

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