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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

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UAE’s nuclear authority takes stock of cooperation agreements

    • Federal Authority for Nuclear Regulation’s Board of Management also approved MoU with the Ports, Customs and Free Zone Corporation.

    • The board was also briefed on the latest updates of the four units of the Barakah Nuclear Power Plant.

    ABU DHABI: The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) discussed the conclusion and extension of various cooperation agreements with local and international stakeholders on Sunday.

    This includes extending the cooperation agreement between FANR and the International Commission on Radiological Protection (ICRP), a statement by the FANR said.

    Building on a longstanding collaboration initiated in 2013, the agreement aims to further strengthen cooperation in radiological protection activities through joint technical meetings, joint research and development projects, scientific visits as well as educational events.

    The board also approved an MoU with the Ports, Customs and Free Zone Corporation, the Department of Planning and Development (Trakhees), of the Dubai Government.

    The cooperation establishes a framework for FANR’s access to information in the Trakhees Commercial Licence System about activities of the companies established or operating in Dubai, which carry out activities under the regulatory control and oversight of FANR.

    The framework also includes planned cooperation activities in licensing, outreach, research studies.

    The board was briefed on the latest updates of the four units of the Barakah Nuclear Power Plant (BNNP), including highlights on FANR’s regulatory oversight and inspection program at Unit 1 and Unit 2 of the Barakah Nuclear Power Plant, as well as updates on the inspection and testing plan for Unit 2 which was licensed for operation in March 2021.

    FANR currently conducts around-the-clock inspections, using its resident inspectors at the Barakah Nuclear Power Plant and deploying other inspectors to ensure the testing processes are carried out according to the regulatory requirements.

    Also discussed was FANR’s participation in international projects to support its regulatory function such as the Degradation and Ageing Programme (CODAP) of the Nuclear Energy Agency of the Organisation for Economic Cooperation and Development.

    The project is an event database that collects information on nuclear power plant operations to ensure its safety. The results of the project support reactor regulation as well as research and development programs.