ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate the unit is ready to receive the Operating License from …

BLOOMBERG  Standard Chartered Plc agreed to sell its Zimbabwe business to the country’s FBC Holdings Ltd as it presses ahead with plans to exit seven markets in Africa and the Middle East. The emerging markets-focussed bank will transfer 100% of its shareholding in the unit, including the custodial services business, to FBCH, as the investment holding company is known. FBCH …

DUBAI / WAM  His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No (22) of 2023 on the Board of Directors of the Dubai Real Estate Corporation. As per the Decree, the Corporation’s Board is chaired by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, with …