Loading ...News
UAE could award nuclear power contracts by November
The UAE could award a deal to…
.....................................................................
Related articles:
-
Paint a picture of UAE residents
Are we over-spenders? Are we impulsive buyers? Or are we ... -
The UAE has a growing obesity problem. Are you changing your lifestyle?
The results are in.
Related modules:
-
Major deals at the Dubai Airshow 2009
More than $14 billion worth of contracts have been signed ... -
Video games in the UAE
It’s one of the fastest growing industries in the country, ...
Related news:
-
Eight hundred UAE firms suspended over salary delays
Companies failed to transfer their employees’ wages through the official ... -
Foreign ownership to be allowed ‘this year’, says UAE minister
Draft law to be submitted to the Cabinet within in ...
Oct 24th, 2009
The UAE could award a deal to build nuclear reactors in the country by November this year, sources told Emirates Business. The deal could be awarded to a US-Japanese consortium, or French and South Korean bidders. The UAE plans to start producing nuclear power by 2015 as part of a $40-billion nuclear program.
“The award could take a week to 10 days,” a local source close to the deal told the paper.
A nuclear co-operation agreement between the UAE and the US came into effect in October, and according to authorities, the deal is currently in its final stages.
Previous Story Next Story
