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ENEC, KHNP sign support services pact for Barakah nuclear plant

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) and Korea Hydro & Nuclear Power (KHNP) have signed an Operating Support Services Agreement (OSSA) at a ceremony held at ENEC’s headquarters in Abu Dhabi in the presence of senior management representatives from both companies. Under the agreement, KHNP will dispatch experienced and qualified nuclear plant personnel to the ...

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Bank of Sharjah H1 profit reaches AED176 million

  SHARJAH / WAM The Bank of Sharjah on Sunday announced its financial results for the six months ended June 30, 2016. During the period, the bank continued to adopt a very conservative credit policy and reduced expensive deposits while maintaining high levels of liquidity and a considerably low loan to deposit ratio. Net profit for the first half of 2016 ...

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UAE’s EGA named among top ‘rapidly globalising companies’

  ABU DHABI / WAM Emirates Global Aluminium (EGA), one of the world’s leading aluminium producers, has been named one of the top rapidly globalising companies in the Boston Consulting Group (BCG) 2016 Global Challengers report. This is EGA’s second citing, having also been included in the 2014 edition of the BCG Global Challengers report which focuses on the innovative business ...

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