Rockwell Automation acquires Emulate3D

Abu Dhabi, UAE — Rockwell Automation has acquired Emulate3D, an innovative engineering software developer whose products digitally simulate and emulate industrial automation systems. By using accurate simulation models to improve systems planning and decision-making, followed by emulation trials that test the control system before installation, Emulate3D’s software enables customers to […]

Marc affirms AAIS rating on Fortune Premiere’s RM3.0 billion Sukuk Murabahah

MARC has affirmed its rating of AAIS on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable. The rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Fortune Premiere is a wholly-owned funding vehicle of IOI Properties Group Berhad […]

Mid East power show to host global tech breakthroughs as GCC prioritises smart grids and renewables

Dubai, UAE — Middle East Electricity, the world’s largest power industry trade platform, will host the global launch of breakthrough automated transmission and distribution (T&D) technology for its 2019 showing at Dubai World Trade Centre (DWTC) from March 5-7. ETAP, the US-headquartered power technology giant, says it will use the […]