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Dubai South signs deal to attract EU SMEs to emirate

Dubai / WAM The Business Park at Dubai South has announced it has entered into a strategic partnership with the Union of European Expert Chambers, UCEE, to establish a permanent exhibition and business centre for the members of the UCEE at the Business Park. The partnership aims to encourage European SMEs to set up their business in Dubai and the ...

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Barakah One gets electricity generation licence by DoE

Abu Dhabi / WAM The Department of Energy (DoE), issued an ‘Electricity Generation Licence’ to Barakah One Company, the joint venture subsidiary company owned by the Emirates Nuclear Energy Corporation (Enec), and the Korea Electric Power Corporation (KEPCO). The licence is a key regulatory requirement before operation of the peaceful Barakah Nuclear Energy Plants in Al Dhafra, Abu Dhabi. The ...

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UBF lays groundwork for Basel III implementation

Abu Dhabi / Emirates Business The UAE Banks Federation (UBF) hosted a six-hour workshop examining the key issues around the upcoming implementation of the Basel III Accord. The event was held on Wednesday in Abu Dhabi, and the sessions have been arranged by the UBF Risk Management Committee (UBF-RMC) in association with Moody’s Analytics, with the aim to help the ...

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