VOL. XLIV

No 39

24-September-2001

UAE

Fujairah痴 Union Water AndElectricity Company Established

Fujairah痴 Union Water andElectricity Company (UWEC) was officially established on 16 September with acapital of Dh1.5bn ($408mn) to construct, operate and manage a newdesalination/power plant in the emirate with a capacity of 100mn gallons/day ofwater and 656mw of electricity (MEES, 2July). The capital of the company will be provided by UAE President ShaikhZayid bin Sultan Al Nuhayyan. According to...