Friday 25 September 2020 - 6:54:50 am
Decrees
2020 Sep 24 Thu, 11:10:44 am

Abu Dhabi Executive Council issues Resolution transferring ownership of ENEC to ADQ

ABU DHABI, 24th September, 2020 (WAM) -- 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...