- Home
- Middle East
- UAE
- Abu Dhabi Executive Council issues Resolution transferring ownership of ENEC to ADQ
Abu Dhabi Executive Council Issues Resolution Transferring Ownership Of ENEC To ADQ
Faizan Hashmi Published September 24, 2020 | 12:15 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 24th Sep, 2020) Abu Dhabi Executive Council has issued a resolution transferring ownership of the Emirates Nuclear Energy Corporation, ENEC, to ADQ.
Transferring ENEC’s ownership shall not affect licensing, permissions, exceptions and approvals from Federal and local government entities regarding ENEC, nor any of its affiliated companies, the Abu Dhabi Executive Council said in a statement.
In addition, the resolution shall not affect the obligations and responsibilities of ENEC, nor any of its affiliated companies, including Abu Dhabi government’s obligations towards the ENEC, including contracts, agreements and warranties approved prior to the issuance of this resolution.
The resolution allows ADQ the right to transfer ENEC to a public joint stock company, wholly owned by ADQ or any of its wholly owned affiliated companies.
Related Topics
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago