Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    Harris tells supporters 'never give up' and urges peaceful transfer of power    Italy's 'Libra' to arrive in Albania with just eight migrants on board    South Africa shuts border crossing with Mozambique over poll unrest    French families sue TikTok over harmful content that allegedly led to suicides    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Neymar suffers muscle tear, out for 4-6 weeks    Arab leaders and heads of state congratulate US President-elect Donald Trump    Building the future of the region's leading aviation hub Saudi Airport Exhibition 2024 to be held on Nov. 11-12    Crown Prince, Pakistan Army Chief discuss ways to enhance military cooperation    Crown Prince hails Saudi medical team that performed world's first fully robotic heart transplant    King Salman and Crown Prince congratulate Trump on winning US presidential election    Heavy Equipment and Truck Show to spotlight Tata Motors' cutting-edge mobility solutions    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Top climber falls to death after rare Himalayan feat    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ENEC launches nuke operating subsidiary
Published in The Saudi Gazette on 19 - 06 - 2016

THE Board of Directors of Nawah will govern the performance of Nawah Energy Company, ensuring that the company's senior leadership team is accountable for the safe, quality-driven and reliable operations of the power plants.
"The launch of ENEC's nuclear operating subsidiary is a significant milestone for the UAE peaceful nuclear energy program," said Khaldoon Khalifa Al Mubarak, Chairman of the Board of Directors of ENEC. "As a world-class nuclear company, Nawah will safely operate the Units 1 to 4 in Barakah; this enables a higher level of focus in our work and an increased momentum towards the safe and quality-driven construction, commissioning and operations of the four Units in Barakah," he added.
"ENEC will focus on the strategic growth of the nuclear industry across the UAE, its responsibilities as project owner of Barakah and shareholder of Nawah, as well as the safe and quality-driven delivery and commissioning of the Barakah project," said Eng. Mohamed Al Hammadi, ENEC CEO.
The Board of Directors appointed Eng. Mohammed Sahoo AlSuwaidi as the Acting CEO. Al Suwaidi brings a solid 32 years of experience drawn from a diverse career in the Oil and Gas, serving in Abu Dhabi National Oil Company (ADNOC), Group of Companies in Operations, Project Management and has served as a Board Member of the Emirates Nuclear Energy Corporation (ENEC) since its inception.
Under the direction of the Board of Directors of Nawah, HEng. Mohammed Sahoo AlSuwaidi will be responsible for driving the company's executive strategy and the development of UAE Nationals, ensuring that the management, operations, and maintenance of Barakah Units 1 to 4 are conducted in adherence to the highest standards of safety, security, quality, and to the UAE's commitment of operational transparency.
Nawah will be responsible to continue the process to obtain the approval of the Operating Licenses from the Federal Authority for Nuclear Regulation (FANR) to operate Units 1 to 4 in Barakah. In March 2015, ENEC filed the Operating License Application (OLA) for Units 1 & 2 on behalf of its operating subsidiary.
Eng. Mohammed Sahoo AlSuwaidi, Acting CEO of Nawah, said: "Nawah is a fast-growing nuclear operating company that is committed to delivering on its regulatory obligations and contribute to the growth of the UAE by generating electricity from safety-driven operations of nuclear energy plants in Barakah."
"Our vision for Nawah is to become a globally recognized leading nuclear energy utility. We will be constantly reflecting on high performance of our Emirati leaders, multinational and multicultural teams. Safety is the overriding priority and is embedded within the right values and behaviors of the organization to ensure the operation and management decisions of our plants are guided by a healthy and robust safety culture" AlSuwaidi added.
Nawah will build on the foundations already laid by ENEC towards operational readiness, drawing on international best-practice to develop and implement all aspects of management and operations to ensure that the nuclear energy plants in Barakah benefit from world-class standards in terms of safety, security, quality, reliability and transparency from the outset.
Prior to being appointed as Acting CEO of Nawah, Eng. Mohammed Sahoo AlSuwaidi held executive level positions in ADNOC. He served as Chief Executive Officer of GASCO from May 2002 until October 2012. He holds a Bachelor of Science (BSc) in Chemical Engineering from the University of Southern California (USC) in Los Angeles, USA, in 1984.


Clic here to read the story from its source.