Dubai / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) has announced contracts with UAE- based companies totaling more than US$ 3 billion (AED 11 billion) for the construction of the country’s first nuclear energy plant. More than 1,400 UAE-based companies have now been contracted for the delivery of products and services for the Barakah plant, currently under construction ...

  Dubai / Emirates Business Dubai Land Department (DLD) has announced the launch of a new e-system, which aims to contribute to its sustained efforts to provide sophisticated services to its customers in easy and convenient ways. The new online portal (which ties into the Oqoodi system) has been developed by both the Technical Affairs Department and the Real Estate ...

  Ritika Sharma / Emirates Business The days of interns standing near copying machines and doing trivial jobs assisting their seniors seem to be on their way out in the UAE’s corporate sector, as more businesses endeavour to create well-rounded intern experiences. Reports state that interns from year 2015-2017 will form around 25 percent of mainstream corporate workforce in the ...

  Sharjah / Emirates Business The supreme culinary talents of Sharjah Ladies Club (SLC) chefs have been recognised with a plethora of awards at the 5th East Coast Culinary Competition, which took place at Miramar, Al Aqah Beach Resort, Fujairah, recently. A total of eight SLC chefs were honoured at the gourmet-themed event, which was endorsed by World Association of ...

  Shi Zhiqin SPECIAL TO EMIRATES BUSINESS In the last week of May the “Old World” met at Japan’s G7 summit. In just a few months time, in September 2016, the “New World” will be meeting at China’s G20 summit. Between those two global summits, Britain will decide on its future in or out of the EU, the eurozone will ...

  The deadly Orlando incident,once again, sheds light on genuine challenges lone wolf terrorists, who act in isolation from the main mastermind, pose to security agencies around the world. At certain points, the law enforcement authorities find it difficult to pursue suspects without sufficient evidence out of fear they would infringe on civil rights. Yet, Orlando demonstrates beyond reasonable doubt ...

  Mark Gilbert Once upon a time, the euro had aspirations to challenge the dollar’s status as the world’s reserve currency of choice. Instead, the common European currency is losing favor as a store of value. And as European banks scale back their trading activities, the euro’s role on the global stage is likely to diminish further. Almost a decade ...

  Helen Clark SPECIAL TO EMIRATES BUSINESS I’m late to the story here, but Singapore and Australia signed a large defense deal in May and expanded their free trade agreement, the SAFTA, first signed in 2003, the first for Australia since a 1983 deal with New Zealand. Australia and Singapore have had a generally strong friendship, and one better than ...

  Geneva / AFP   The UN’s human rights chief voiced alarm on Monday at the increasing detention of migrants in Europe, including unaccompanied children, amid widespread anti-migrant rhetoric across the continent. As Europe faces its biggest migration crisis since the aftermath of World War II, UN rights chief Zeid Ra’ad Al Hussein said he had sent staff members to assess ...

  Nairobi / AFP Eritrea on Monday accused arch-rival Ethiopia of attacking its heavily militarised border, but officials in Addis Ababa said they had no knowledge of the reported fighting. Ethiopia on Sunday “unleashed an attack against Eritrea on the Tsorona Central Front,” Eritrea’s ministry of information said in a statement. Ethiopian government spokesman Getachew Redda said there were “no ...