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  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) announced on Saturday the initiation of the formation of its operating subsidiary, Nawah Energy Company. A wholly-owned ENEC subsidiary, Nawah has been mandated to safely operate and maintain Units 1 to 4 in Barakah in adherence to the highest standards of safety, security, quality, and to the UAE’s commitment of ...

  St Petersburg / WAM Russia’s Minister of Foreign Affairs Sergey Lavrov received Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC) and her accompanying delegation, at the ministry. The UAE delegation is currently on a visit to Russia. They discussed cooperation and the existing partnership between the UAE and Russia, which has been witnessing notable development ...

  Herat / Agencies Indian Prime Minister Narendra Modi visited Afghanistan on Saturday to inaugurate a $290 million hydroelectric dam with Afghan President Ashraf Ghani, the latest Indian investment which highlights strengthening ties between the two countries. The 42 megawatt Salma dam in western Herat province, bordering Iran, is one of two major projects carried out under India’s development partnership ...

  Singapore / AFP Chinese construction on a South China Sea islet claimed by the Philippines would prompt “actions being taken” by the United States and other nations, US Defense Secretary Ashton Carter warned on Saturday. Speaking at a security summit in Singapore, Carter said Beijing risks building a “Great Wall of self-isolation” with its military expansion in the contested ...

  Dubai / Emirates Business Dubai Now, Smart Dubai Government’s innovative app that features more than 50 smart services provided by 22 government entities, has won the ‘Best Government Mobile App of the Year’ category at the ‘.GOV Awards 2016’ held recently in Dubai. The award-winning app offers customers a set of service packages built to meet their needs and ...

  Emirates Business Gulf Medical University (GMU) established in 1998, the most sought-after private medical university in the region located at Ajman, UAE recently announced that it had started inviting applications for the upcoming academic year. As soon as the announcement was made, the Admissions Department of GMU started receiving a flood of applications for the different medical courses conducted ...

  Bloomberg Justice Secretary Michael Gove, one of the leaders of the campaign to get Britain out of the European Union, defended its assertions about the costs of membership as he was accused of running “Project Lies.” Appearing on a Sky News television special the night after Prime Minister David Cameron made the case for staying in the EU on ...

  Bloomberg German government bonds may gain next week along with the rest of the euro region’s core debt market as investors seek havens before unprecedented political events later this month. Britain’s referendum on its European Union membership and Spain’s repeat elections are approaching, and bonds from Germany, France and the Netherlands have been outperforming their peripheral peers in the ...

  Bloomberg Colombia’s economy grew at the slowest pace since 2009 in the first three months of the year as consumer confidence slumped and prices fell for the nation’s oil, coal and coffee. The weaker-than-expected result caused bond yields to drop as traders pared bets on further interest rate increases. Gross domestic product expanded 2.5 percent from the year earlier, ...

  Bloomberg For bond traders, the stalling U.S. job market means the Federal Reserve will probably lift interest rates just once this year, in December. The nation’s employers added workers at the slowest pace in almost six years in May, government data showed. The report fueled a surge in Treasuries, driving yields on two-year notes down the most since September ...