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ENEC, KEPCO join hands for UAE’s peaceful N-power programme

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation (KEPCO) on Thursday signed a joint venture agreement for a long-term partnership and cooperation for the UAE’s peaceful nuclear energy programme. KEPCO, the prime contractor for the Barakah Nuclear Energy Plant currently under construction in the Western Region of Abu Dhabi, has been ...

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Etisalat Digital, Accenture to spur digital transformation in region

  DUBAI / EMIRATES BUSINEES Etisalat, through its newly established Etisalat Digital, signed a memorandum of understanding (MOU) with Accenture at the Gitex Technology Week 2016, to collaborate in the digital solutions arena to enable ICT and digital transformation in the region. The two parties will work together combining Etisalat Digital’s technology platforms and solutions with Accenture’s business knowledge, solutions ...

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Dubai group wraps up $2.4 bn purchase of Kuwait food firm

  DUBAI / AFP A Dubai-based investor group led by the head of property giant Emaar on Thursday completed the nearly $2.4 billion acquisition of a majority stake in Kuwaiti food company Americana, Kuwait’s stock exchange said. Emaar chairman Mohamed al-Abbar’s investment firm Adeptio and Kuwait’s Al-Khair National for Stocks and Real Estate signed the deal for a 66.8-percent stake ...

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