UAE: Barakah nuclear plant to generate almost 25% of electricity needs with Unit 4 start-up

The start-up of this unit marks its initial production of heat through nuclear fission, used for generating electricity by turning a turbine with steam The Barakah Nuclear Energy Plant has moved closer to generating 25 per cent of UAE’s electricity needs with the start-up of the fourth unit. The Emirates Nuclear Energy Corporation (ENEC) announced…

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New India Assurance celebrates 50th Foundation Day in Oman

Muscat: New India Assurance’s jubilant 50th Foundation Day celebrations continued with fervor as the esteemed leadership embarked on a memorable journey across Oman, embracing moments of reflection, camaraderie, and spiritual reverence. Spread over 25 countries across the world from Japan, Fiji, New Zealand, GCC to the United Kingdom, New India Assurance’s premium amounted to US$4.8 billion…

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UAE: 1,000% increase in number of private firms complying with labour accommodation rules

MoHRE issued a statement urging companies with 50 or more employees to provide accommodation for their workers through the approved systems, and to register the required data on the Ministry’s website (www.mohre.gov.ae), by accessing the Labour Accomodation System under the ‘Services’ icon, in implementation of the Ministerial Resolution No. 44 of 2022 Regarding Occupational Health and Safety…

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Byju’s rejects investors’ vote to sack CEO as invalid

Top shareholders in troubled Indian educational technology firm Byju’s, including investment giant Prosus, voted on Friday to sack its billionaire founder, a decision the once high-flying company refused to recognise. Byju’s, which is controlled by CEO Byju Raveendran, was formerly one of India’s most valuable start-ups as demand for its online learning products boomed during…

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