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Dubai’s non-oil private sector economy accelerates in June

Dubai / Emirates Business The non-oil private sector in Dubai continued to post a marked expansion of total business activity in June, with the rate of growth accelerating further to a new high since the survey began in 2010, according to Emirates NBD Dubai Economy Tracker Index. Among the three key sectors monitored, the strongest overall performance was again registered ...

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FANR certifies first group of Emirati N-reactor operators

ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s Nuclear Regulator, announced on Monday that it has certified the first group of 15 UAE National Senior Reactor Operators (SROs) and Reactor Operators (ROs) at Nawah Energy Company, the operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (Enec). The certification is part of complying with ...

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Brookfield considering bid for EDP-Energias electricity assets

Bloomberg Brookfield Asset Management Inc. and Endesa SA are among companies weighing bids for a package of EDP-Energias de Portugal SA electricity assets that could fetch about 2 billion euros ($2.3 billion), people familiar with the matter said. The Portuguese utility is expecting initial bids later this month for about 2 gigawatts of hydroelectric power projects in Spain and Portugal, ...

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