The region's first nuclear power plant will provide 25 per cent of the UAE's electricity needs in the future.
That's according to Christer Viktorsson, Director General at the Federal Authority for Nuclear Regulation (FANR), who spoke to Dubai Eye 103.8's Business Breakfast.
The country’s nuclear regulator issued the operating licence for Unit 1 of the facility, located at Barakah in Abu Dhabi’s Al Dhafra region on Sunday.
New Zealand concludes FTA with India with aim to double trade
New Zealand and India said on Monday they had concluded talks on a free trade deal that would help to double bilateral trade over the next five years.
Mubadala partners with Actis to invest over $350 million in Rezolv Energy
Mubadala Investment Company has committed around €300 million (around $351.5 million) to partner with leading growth market sustainable infrastructure investor Actis in Rezolv Energy, a rapidly scaling independent renewable energy platform in Central and Eastern Europe.
World Bank approves $700 million for Pakistan's economic stability
The World Bank said it has approved $700 million in financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.
China's ByteDance signs deal to form joint venture to operate TikTok US app
TikTok's Chinese owner, ByteDance, has said it has signed agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors on Thursday.
India reviewing allegations of antitrust breaches by IndiGo
India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.
