Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

UAE’s Al Hammadi is Chairman of Board of Directors of World Nuclear Association

Mohamed Ibrahim Al Hammadi.
  • The position sets Al Hammadi on track to take over as the Chairman of WNA in 2024
  • The WNA supports the development of nuclear energy programmes worldwide

Abu Dhabi, UAE – Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of Emirates Nuclear Energy Corporation (ENEC), has been selected as the Chair Elect of the World Nuclear Association (WNA) Board of Directors.

The position sets Al Hammadi on track to take over as the Chairman of WNA in 2024.

The WNA, headquartered in London, supports the development of nuclear energy programmes worldwide, and its members are responsible for 70 percent of the world’s nuclear energy generation.

The members appoint a general manager and elect a board of directors of 20 members, where the board performs its duties related to managing the association and setting its policies and strategic objectives.

Al Hammadi was elected as a member of the Board of Directors of WNA in April 2022.

Al Hammadi’s appointment is seen as an acknowledgment of the UAE’s continued commitment to collaborate with the international nuclear energy community, by sharing best practices, knowledge and lessons learned.

The UAE has become a global benchmark for nuclear energy projects, with the Barakah Nuclear Energy Plant widely recognised as one of the most advanced nuclear plants in the world, delivered to the highest standards of safety, quality and transparency. Barakah is a successful case study for other nations looking to diversify their energy portfolio during a time of international energy crises. With three units operating commercially, Barakah is delivering energy security, and contributing to achieving the UAE’s Net Zero strategy by 2050.

Al Hammadi is also President of the World Association of Nuclear Operators (WANO) after being voted in by members in October 2022 during the WANO Biennial General Meeting (BGM) in Prague, Czech Republic.