Middle East Economic Survey

VOL. LIII

No 39

27-Sep-2010

UAE

Credit Suisse Appointed Financial Advisor For UAE Nuclear Program

Credit Suisse has been appointed financial advisor to the Emirates Nuclear Energy Corporation (ENEC) as the UAE proceeds to develop nuclear power generation capacity over the next 10 years. The bank is expected to focus primarily on project risk assessment. The UAEs first 1.4gw nuclear reactor is set to become operational by 2017, with three others targeted for completion...