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The UAE will commission its first nuclear power plant in 2017, the country's oil minister said on Tuesday.
"The objective is for nuclear energy to eventually account for 25 percent of the UAE's power requirements," Mohammed al-Hamli told an industry event.
In December the UAE awarded a South Korean group a deal to build and operate four nuclear reactors.
The South Korean consortium won a $40bn deal to build and operate four nuclear reactors for the UAE, beating US and French rivals to one of the Middle East's biggest ever energy contracts.
Under the deal, the first nuclear plant in the Gulf Arab region is scheduled to start supplying power to the UAE grid in 2017. (Reuters)
Given that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonI often live with embarrassment, with respect to foreign nationals, by being a “crude American.” I want to marry a man in the Islamic world because one... more
Friday, 25 May 2012 10:20 AM - Rouillie WilkersonTaking religion based decisions in such matters is wrong. It sends wrong signals and sets up bad precedence. What next? Will they stop serving beef in... more
Friday, 25 May 2012 12:15 PM - Skand BhargavaVery happy to hear the Olympics will go to a deserving host. more
Friday, 25 May 2012 1:56 PM - Not Currupt"All savvy European buyers, will wait to evaluate the impending changes to the property investor law!" True. But pointless as this is targeting the "not... more
Friday, 25 May 2012 12:15 PM - TelcoguyGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulInstead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - FahdI often live with embarrassment, with respect to foreign nationals, by being a “crude American.” I want to marry a man in the Islamic world because one... more
Friday, 25 May 2012 10:20 AM - Rouillie WilkersonLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - Gregthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - Baffy
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