NUCLEAR-

UAE + MBRSC launch nuclear safety system at nuclear facilities: The UAE’s Federal Authority for Nuclear Regulation has launched the Intelligent Operational Nuclear Safety (IONS) system in partnership with the Mohammed Bin Rashid Space Centre to enhance safety and resilience against climate change at the Barakah Nuclear Power Plant, Wam reported. IONS uses AI to monitor climate indicators — sea levels, air quality, earthquakes, and others — to estimate and predict their severity and impact on nuclear facilities.

DECARBONIZATION-

Bapco Energies launches new subsidiary: Bahrain's state-owned energy investment firm Bapco Energies unveiled a new subsidiary dedicated to building and investing in energy projects, according to a statement. The subsidiary, named BeVentures, will support Bapco in its transition to a low-carbon economy through transformative energy investments. It will also seek developing other energy ventures, according to the statement.

And ushers in a new CEO: Areije Al Shakar (Linkedin) — the first Bahraini and female in the GCC to obtain a Kauffman Fellowship in Venture Capital — was tapped as CEO of the new subsidiary. She previously served as Head of Innovation at Bahrain Development Bank and Fund Manager and Director at Al Waha Venture Capital Fund of Funds among other positions.

DIPLOMACY-

UAE + Chile eye sectors for cooperation on renewables: UAE Economy Minister Abdullah bin Touq Al Marri met with his Chilean counterpart Nicolás Grau to discuss bolstering economic ties after the UAE and Chile signed an economic partnership earlier this week, Wam reports. The discussions focused on collaborating in the sectors of renewable energy, tech, and agriculture.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • UAE’s AGSI achieves net zero emissions: Arabian Gulf Steel Industries (AGSI) has achieved net zero emissions at its steel plant in Abu Dhabi. AGSI is the UAE's largest steel recycling company, producing 600k metric tons of steel bars annually from locally sourced scrap. (Wam)
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