UAE Secures $2Bn Ex-Im Bank Loan To Buy US Nuclear Equipment
Ex-Im Bank has underwritten the purchase of US technology for the first of four large nuclear plants in the UAE. Tthe loan is a key milestone in concluding financing for the first of four plants. These are due to come on-line from 2017.
By David Knott
The Export-Import Bank of the United States (Ex-Im Bank) announced on 7 September the authorization of a $2bn direct loan to the UAE’s...