Beijing / Bloomberg Honeywell International is working with China’s state-owned aircraft maker Comac to certify its planes, including the country’s first homegrown single-aisle jet that aims to challenge Boeing Co. and Airbus Group SE’s control of the market. “It will be just as efficient and just as safe as predicted and as we’re saying, especially certified to Western — whether ...

Abu Dhabi / WAM Blue Bolt Limited, a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) has acquired a 36% stake in Fenix Power Peru, a thermoelectric power generation company in Lima, as part of a consortium transaction valued at US$786 million. The Peruvian investment fund SIGMA holds 13% of Fenix. Fenix Power is a power generation company which ...

Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) on Tuesday announced the successful completion of Cold Hydrostatic Testing (CHT) at Unit 1 in Barakah. An event held in regard to the testing — a crucial step in preparing the plant for commercial operations — was attended by HE Matar Al Neyadi, Under Secretary of the UAE Ministry ...