18 Jun 2011
(MENAFN) King Abdullah City for Atomic and Renewable Energy’s scientific collaboration coordinator, Abdul Ghani bin Melaibari, said that with a cost of more than USD300 billion, through the next twenty years Saudi would construct sixteen nuclear reactors, reported Arab News.
Melaibari added that the country started planning and coordinating with companies that had experience in the field of nuclear projects, adding that international companies could also bid for the projects.
He also said that the first two reactors would be ready after ten years, followed by two reactors every year, until the number would total sixteen by the year 2030. Moreover, the reactors would cover around twenty percent of the country’s electricity needs.
It is worth noting that the cost of each reactor may reach around USD7 billion.
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more