Middle East Economic Survey

VOL. LIV

No 46

14-Nov-2011

UAE

UAE Outlines Financing And Fuel Intentions For $20Bn Nuclear Program

The United Arab Emirates is aiming to decide on a financing structure for its $20bn nuclear program and to reach a purchase agreement for uranium by next year as it continues to move forward with its power capacity expansion. According to company spokesman Fahd al-Qahtani, state-owned Emirates Nuclear Energy Corporation (ENEC) the firm tasked with developing UAEs...