Middle East Going Nuclear

Resource Investing News

    While China may be home the most civilian nuclear plants currently under construction, many countries in the Middle East are looking to develop nuclear power projects. In the most recent nuclear power developments out of the Middle East, the United Arab Emirates (UAE), the world’s third largest oil exporter, signed a $40 billion …

 

 

While China may be home the most civilian nuclear plants currently under construction, many countries in the Middle East are looking to develop nuclear power projects.

In the most recent nuclear power developments out of the Middle East, the United Arab Emirates (UAE), the world’s third largest oil exporter, signed a $40 billion agreement with a South Korean consortium headed by state-owned KEPCO on Sunday. The deal involves help constructing and operating four nuclear reactors capable of producing 5,600 MW of electricity.

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