March, 2020

• 3 March

  Fanr oversees loading of nuclear fuel assemblies into Barakah plant’s unit 1

  

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (Fanr), announced that it has overseen loading of the nuclear fuel assemblies into the Unit 1 of Barakah Nuclear Power Plant to ensure it is completed according to the regulatory requirements. In a statement, the authority affirmed that its inspection activities indicated the fuel load has been safely completed. “Fanr ...

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• 3 March

  Mubadala investing in Alphabet-owned Waymo

  Abu Dhabi / WAM Mubadala Investment Company (Mubadala) on Tuesday announced that it has joined Silver Lake and other investors including the Canada Pension Plan Investment Board, Magna International, and Andreessen Horowitz as part of a consortium to invest a total of $2.25bn in Waymo, the self-driving technology company owned by Alphabet, the parent company of Google. Waleed Al Mokarrab ...

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• 3 March

  Sheikh Mohamed’s phone call to China president ‘sent positive signal to world’

  

  ABU DHABI / WAM A phone call from His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Chinese President, Xi Jinping, last week has sent a “positive signal to the international community,” according to a Chinese diplomat. “It has sent to the international community a positive ...

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• 3 March

  UAE becomes Arab world’s first nuclear energy nation

  

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), announced on Tuesday that, following the successful completion of fuel assembly loading into Unit 1, the UAE has officially become a peaceful nuclear energy operating nation. The UAE has also become the first country in the Arab World to achieve this status, joining a limited group of countries worldwide that ...

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• 3 March

  G-7 says ‘closely monitoring’ virus and ready to take action

  

  Bloomberg Group of Seven (G-7) finance chiefs said they are ready to act to shelter their economies from the spreading coronavirus, though they stopped short of spelling out what specific measures they would put into place. “We, G-7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (Covid-19) and its impact on markets ...

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• 3 March

  UAE’s GDP set to rise to AED1.5trn in 2020

  ABU DHABI / WAM The UAE’s gross domestic product (GDP), in constant prices, is projected to grow to AED1.501 trillion in 2020 from AED1.464 trillion in 2019 and AED1.442 trillion in 2018, said Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, and Chairman of the Federal Tax Authority. Al Tayer was answering a question from a member of ...

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• 3 March

  UAE cabinet reviews procedures, plans to prevent Covid-19 spread

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet on Tuesday and was briefed on the latest developments and preventive measures taken by all concerned national authorities to protect the community from the new coronavirus (Covid-19). The cabinet reviewed all procedures and ...

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• 3 March

  Middle East Energy focuses on latest breakthroughs, solutions

  

  DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, on Tuesday opened the 45th edition of Middle East Energy, previously known as Middle East Electricity, the global energy platform running until March 5 at Dubai World Trade Centre. Touring the exhibition, HH Sheikh Ahmed explored the latest technology breakthroughs and solutions being ...

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• 3 March

  Khalifa University wins award for maximum patents filed in UAE

  

  ABU DHABI / WAM The Khalifa University of Science and Technology has once again validated its status as a pioneering research-intensive higher education institution, driving innovation in new technologies, after winning two top recognitions at the Abu Dhabi Awards for Intellectual Property. It was presented with the ‘Top University with Filed Patents’ award that was received by Dr. Steve Griffiths, ...

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• 3 March

  ADFD welcomes visiting delegation from Malawi

  

  ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD) has welcomed a visiting high-level delegation from Malawi, led by Ralph Pachalo Jooma, Malawi’s Minister of Transport and Public Works, at the Fund’s headquarters in Abu Dhabi. During the meeting, the two sides discussed strengthening synergies and explored joint efforts to further finance development ...

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