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FINANCIAL NEWS
UAE signs civil nuclear deal with UK
26 Nov 2010
(MENAFN) The UAE has signed a deal with the UK, agreeing to cooperate on civil nuclear work, and build four nuclear reactors in an effort to meet increasing energy demand, Reuters reported.
Emirates Nuclear Energy Corporation (ENEC) revealed that it had selected Credit Suisse to act as financial advisor for the mentioned project.
According to UAE officials, annual peak demand for electricity is likely to rise to more than 40,000 megawatts by 2020, reflecting cumulative annual growth of about 9 percent
UK Ambassador to Abu Dhabi, Dominic Jeremy, revealed that four agreements were signed, including one that covers cooperation on visa and consular affairs.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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