The Export-Import Bank of US has authorised a direct loan to UAE?s Barakah One Company. (Image source: Paul J Everett/Flickr)
The US Export-Import Bank (Ex-Im Bank) has authorised a US$2 billion direct loan to UAE?s Barakah One Company to underwrite the export of American equipment and service-expertise for the construction of a nuclear power plant in UAE
An artists impression of how the Barakah complex could look. (Image source: ENEC)
The Emirates Nuclear Energy Corporation (ENEC) has awarded contracts worth US$6bn to six global companies to supply nuclear fuel services for the UAEs first nuclear power plant in Barakah
The UAE has signed a nuclear cooperation agreement with Australia to permit the Gulf country to purchase Australian uranium as it makes the switch to nuclear power
Power and automation technology group ABB has won orders worth US$24mn from Ma?aden Aluminium Company (MAC) to execute a fast-track transmission substation project in Saudi Arabia
A US$2 billion loan to finance the construction of a power station in southern
