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Al Jaber lays out future direction of sustainable economic growth

Abu Dhabi / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, chaired Tuesday’s virtual meeting of the Industrial Coordination Council with the participation of Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology, and members of the Council. The meeting included discussions on how to empower the industrial sector, strengthen the UAE’s competitive ...

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Brent oil climbs but demand clouds linger

Bloomberg Oil edged higher, recovering from its biggest loss in almost two weeks even as a resurgent coronavirus looms over the demand outlook. Futures in London were up 1.3% near $42 a barrel, snapping a sharp decline from Monday alongside the European markets. Brent also recovered from technical support, moving away from their 100-day moving average on Tuesday. That’s despite ...

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Barakah Unit 1 power capacity reaches 50%

Abu Dhabi / WAM Nawah Energy Company (Nawah) the Joint Venture nuclear operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (Enec), and Korea Electric Power Corporation (Kepco), announced on Tuesday that the reactor of Unit 1 of the Barakah Nuclear Energy Plant has achieved 50% of its electricity production capacity. The milestone achievement was announced on the sidelines ...

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