Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), management board reviewed the 2020 Operational Plan blueprint that details key activities supporting the Authority’s mission to regulate the nuclear industry in the UAE. The Board learned about latest updates of the FANR ongoing review of the Operating License Application for Units 1 and 2 at the Barakah Nuclear ...

Bloomberg SoftBank Vision Fund is joining a $300 million investment in Cloudminds, helping the Chinese robotics and artificial intelligence startup ramp up production capacity with the goal of tripling its revenue this year. Cloudminds, which last raised money in 2017 at a $440 million valuation, aims to sell half a million of its robots this year to Chinese customers from ...

Bloomberg Alibaba Group Holding Ltd may get its cheapest dollar-denominated syndicated loan ever as it negotiates with banks to amend terms of its existing $4 billion borrowing. The Chinese Internet giant wants to cut the interest margin of the facility that it signed in May 2016 by 25 basis points to 85 basis points over Libor, said people familiar with ...