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Russian stocks retreat in limited trading

Bloomberg Russian equities erased earlier advance and fall during the second day of limited trading after a record long shutdown of the country’s stock market. The MOEX Russia Index was down 2.9% by 12:18 pm in Moscow after earlier rising as much as 3.3%. Gas giant Gazprom PJSC led losses after the US and the European Union reached a deal ...

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Barakah nuclear plant’s Unit 2 starts commercial operations

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Thursday the start of commercial operations of Unit 2 at the Barakah Nuclear Energy Plant. Unit 2 adds 1,400 megawatts of zero-carbon emission electricity to the national grid, bringing the total produced by Units 1 and 2 to 2,800 megawatts and further securing energy supply and advancing ...

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Dewa reveals IPO price range, intends to raise up to $2.2bn

  DUBAI / WAM Dubai Electricity and Water Authority PJSC (Dewa or “the company” or “the group), the exclusive provider of electricity and potable water in Dubai and the majority owner of Empower, the world’s largest district cooling services operator by connected capacity, announced the price range and start of the subscription period for its initial public offering (IPO or ...

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