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GCC states push ahead with nuclear energy programmes
11 May 11, AME Info
The UAE is developing its own nuclear programme with a South Korean consortium contracted to build four nuclear reactors in the country. The first power plant is expected to come online in 2017, and the country eventually will meet 25% of its power requirements through nuclear energy.
UAE non-oil trade hits Dh702b in January 2011
09 May 11, Gulf News
The UAE non-oil foreign trade recorded a 22 per cent increase in January 2011, according to the UAE Federal Customs Authority
UAE economy to grow by 4-5% in 2011 - cenbank head says
04 May 11, Arabian Business
The UAE's economy is expected to grow by up to 5 percent this year and the oil producer saw no significant change in capital flows due to regional unrest, its central bank governor said on Wednesday.
China becomes second largest trading partner of the UAE, reveals Dubai Chamber study
04 May 11, AME Info
A recent Dubai Chamber of Commerce and Industry study reveals that the economic ties between the UAE and China have expanded substantially since last decade, and China has become the second largest trading partner of the UAE.
New FDI law to boost investment climate
26 Apr 11, Khaleej Times
The federal government is working on a foreign direct investment law, which is expected to be promulgated within this year, will help boost investments into the country by creating an enabling environment, Shaikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Higher Education and Scientific Research, said.
Saudi Arabia electricity demand rising
25 Apr 11, Gulf News
A Saudi expert in the use of nuclear power for peaceful purposes has said that Saudi Arabia will need ten years in order to benefit from its proposed nuclear power station.
UAE a gateway for Australia to ME - Mansouri
24 Apr 11, Khaleej Times
The UAE Minister of Economy Sultan bin Saeed Al Mansouri has emphasised the attractive investment environment of the UAE and invited Australian companies to visit the country to explore several investment opportunities in various economic sectors.
Undaunted by Japan, Jordan continues nuclear drive
18 Apr 11, Jordan Times
Despite sparking an industry-wide review of safety features, the ongoing Fukushima reactor crisis has failed to slow down the Jordanian drive for nuclear power. The programme is set to reach various milestones “according to schedule”, a senior energy official said.
Dubai's non-oil global trade nears $15bn in Jan
17 Apr 11, Arabian Business
Dubai's non-oil trade with the world reached record levels in January, hitting AED55bn ($14.9bn), a senior official announced on Sunday.
Saudi Arabia eyes nuclear power deal with China
12 Apr 11, Arabian Business
Saudi Arabia has announced plans to sign a nuclear cooperation agreement with China as part of the kingdom's long-term energy strategy
Dubai sees 30% jump in foreign investment
12 Apr 11, Khaleej Times
Dubai expects a significant jump in foreign direct investment (FDI) this year on increasing interest of companies from new markets, said Fahd Al Gergawi, Chief Executive Officer of Dubai FDI.
Nuclear and solar energy to cut Saudi oil, gas use
04 Apr 11, Gulf News
Saudi Arabia, which holds one-fifth of global oil reserves, aims to pursue renewable energy and nuclear power to help reduce by half the crude and natural gas it burns now to generate electricity.
UAE to present nuclear safety plans at global meeting
04 Apr 11, AME Info
The United Arab Emirates will present this week its plans on nuclear safety at a major, twoweek gathering that starts in Vienna. The Convention on Nuclear Safety (CNS), which entered into force on 24 October 1996, is the world's only legally binding safety framework to which States operating land-based nuclear power plants (NPP) commit themselves to maintaining a high level of safety by setting international benchmarks.
UAE's non-oil trade up 14.3%
02 Apr 11, Gulf News
The UAE's non-oil foreign trade grew 14 per cent to Dh754.4 billion in 2010, up Dh94 billion from Dh660.4 billion in 2009, according to the latest data released by the Federal Customs Authority (FCA).
Dubai economy may grow 6% in 2012 - Citibank
30 Mar 11, Arabian Business
Dubai’s economy may grow 3.5 percent to 4 percent this year and 6 percent in 2012, spurred by infrastructure spending and foreign investment
Abu Dhabi to pursue nuclear power, undeterred by Japan
28 Mar 11, Arabian Business
Abu Dhabi will build a nuclear power plant even after an earthquake and tsunami in Japan damaged generators there and released radioactive material, the head of the Gulf emirate’s utility said today.
UAE expects large increase in foreign investment in 2011
22 Mar 11, Arabian Business
The UAE's Minister of Economy has said that he expects "a large increase" in foreign direct investments into the country this year. Sultan Bin Saeed Al Mansouri said the greater inflows in foreign investment would come following legislative reforms in the UAE.
FANR signs cooperation arrangement with Korean Safeguards Regulator
16 Mar 11, AME Info
The Federal Authority for Nuclear Regulation (FANR) and the Korea Institute of Nuclear Nonproliferation and Control (KINAC) signed an agreement to cooperate in the areas of nuclear safeguards, export controls and physical protection.
UAE economy outpacing expectations, Mansouri says
14 Mar 11, Arabian Business
The UAE’s economy is growing faster than expected, the country’s Minister of Economy said in Dubai Monday. Sultan Bin Saeed Al Mansouri said economic diversification was key to growth in the world’s third largest oil exporter.
Foreign Ministry and FANR host IAEA workshop on safeguards in UAE
13 Mar 11, AME Info
More than 100 representatives from about 60 government entities, academic institutions and industry are attending a national workshop this week in Abu Dhabi on the implementation of the UAE's safeguards obligations under international agreements.
Egypt to continue nuclear tender plans
13 Mar 11, AME Info
The Egyptian cabinet has said on its Facebook page that it plans to go ahead with a tender for the construction of its first nuclear power plant despite recent political unrest, Reuters has reported. The country has said it wants to build four nuclear plants by 2025, with the first to start operating in 2019.
South Korea President Heads To UAE As $20.4B Nuclear Proj Kicks Off
10 Mar 11, Dow Jones
South Korea's president will visit the United Arab Emirates starting Saturday to mark the groundbreaking of construction on the Gulf Arab state's first nuclear power plants, awarded to South Korean firms in 2009
UAE, Australia discuss cooperation on peaceful nuclear energy
10 Mar 11, UAE Interact
Foreign Minister H.H. Sheikh Abdullah bin Zayed Al Nahyan met here yesterday with his Australian counterpart Kevin Rudd on the sidelines of the 118th GCC Ministerial Council meeting. Sheikh Abdullah said that the UAE was looking forward to its potential cooperation with Australia onnuclear energy in a way that will strengthen relations between the two countries.
Dubai to get 24% of its power from nuclear, clean coal by 2030
09 Mar 11, Arabian Business
Dubai plans to get almost a quarter of its power from nuclear and clean coal by 2030, the head of Dubai Electricity and Water Authority said.
JNRC steps up efforts as nuclear programme gains steam
07 Mar 11, Jordan Times
The Jordan Nuclear Regulatory Commission (JNRC) is ramping up regulation procedures in order to keep pace with the Kingdom’s peaceful nuclear power programme as it approaches several milestones.
Dubai's non-oil trade in 2010 surges 18% to $157bn
07 Mar 11, Arabian Business
Dubai's non-oil direct trading exchanges in the world markets increased by 18 percent in the last year, recording AED576bn ($157bn), it was announced on Monday.
Turkey, UAE investments hit $10b in 2010
04 Mar 11, Gulf News
Investments between Turkey and the UAE reached $10 billion (Dh36.78 billion) in 2010, driven by tourism, energy and construction, according to the Turkish Ambassador to the UAE.
UAE, US nuclear cooperation aims to mitigate carbon pollution
24 Feb 11, Gulf News
US Deputy Energy Secretary Daniel Poneman said nuclear cooperation between the US and the UAE aims to ultimately mitigate carbon pollution. "Nuclear energy has a very important role to in a low-carbon future," Poneman told WAM in Abu Dhabi following a meeting with UAE energy officials.
Khalifa University Signs Memorandum of Understanding to Develop and Operate the Gulf Nuclear Energy Infrastructure Institute
23 Feb 11, Press Release
Khalifa University today signed a memorandum of understanding with the Sandia National Laboratories (SNL) and the Texas Engineering Experiment Station of Texas A&M University System to Develop and Operate the Gulf Nuclear Energy Infrastructure Institute (GNEII). This agreement furthers the principles signed between the Government of the United States of America and the Government of the United Arab Emirates, concerning cooperation in peaceful uses of nuclear energy in April 2008
Saudi Arabia, France sign nuclear energy cooperation deal
22 Feb 11, Arabian Business
Saudi Arabia and France agreed to cooperate on developing nuclear energy for peaceful purposes as the world’s top oil producer seeks to meet growing demand for electricity.
Jordan reaches out to potential nuclear plant partners
22 Feb 11, Jordan Times
The Kingdom is set to invite four international energy firms to take part in the country’s peaceful nuclear programme as strategic partners.
Dubai economy grew 2.5% in first nine months of 2010
20 Feb 11, Arabian Business
Dubai's economy grew 2.5 percent in the first nine months of 2010, compared with the same period of 2009, the head of the Gulf emirate's statistics office was quoted as saying on Sunday.
Jordan, Turkey cement nuclear ties
18 Feb 11, Jordan Times
Jordan and Turkey on Thursday brought decades of cooperation into a new era by signing a nuclear cooperation agreement (NCA).
Dubai sees 30% jump in FDI on China, South America deals
16 Feb 11, Arabian Business
Dubai expects foreign direct investment to jump 30 percent this year, helped by rising confidence as its debt problems ease and an influx of South American and Chinese companies, a senior official said.
Work on UAE's first nuclear plant to commence next year
08 Feb 11, Gulf News
Construction of the UAE's first nuclear power plant is scheduled to start in the first quarter of next year after a licence is obtained and the plant is scheduled to come on stream in 2017, an official familiar with the UAE nuclear programme said on Monday.
Jordan nuclear commission set to seek private partner for first plant
08 Feb 11, AME Info
Khaled Toukan, chairman of the Jordan Atomic Energy Commission (JAEC) has announced plans to launch this month a tender for a private sector partner to help run and operate the kingdom's first nuclear power plant
UAE economic growth to top 3% in 2011 says cenbank official
07 Feb 11, Arabian Business
Economic growth is set to hit 3% on rising tourism and other sectors, a UAE central bank official said The UAE economy should grow by more than three percent this year and its banking sector is able to weather difficulties in the foreseeable future, a central bank official said on Monday.
Saudi to develop solar and nuclear power
24 Jan 11, The Financial Times
Saudi Arabia will be burning most of its oil production domestically in less than 20 years if current consumption patterns persist, a senior official has warned. In response, the authorities plan to cut reliance on fossil fuel and develop an alternative energy mix, including atomic and solar sources, as rising local demand could dramatically curtail the kingdom's ability to export oil.
Saudi set to sign nuclear power deal
24 Jan 11, AME Info
French nuclear reactor firm Areva is to sign a partnership agreement with Saudi-based Binladin Group in the nuclear and solar power industries, Reuters has reported.
Saudi signs nuclear deal in bid to cut fossil fuel use
23 Jan 11, Arabian Business
Top oil exporter Saudi Arabia wants to cut fossil fuel consumption within the next several decades, it said at an industry event where nuclear reactor maker Areva is set to sign a major agreement with a local Saudi partner.
Egypt to float tender for nuclear plants
18 Jan 11, AME Info
The Egyptian minister of electricity and energy has said that a tender is set to be floated in about two weeks for its nuclear power plants and that bidding companies will be given six months to present their offers
Korea has 'great interest' in Saudi nuclear deals bid
18 Jan 11, Arabian Business
South Korea has offered its firmest sign yet that it will line up a bid to build nuclear reactors in Saudi Arabia, one year after winning a landmark $20bn deal in the UAE.
Jordan, Japan discuss nuclear cooperation, region
13 Jan 11, Jordan Times
Prime Minister Samir Rifai on Wednesday discussed with Japanese Vice Minister for Foreign Affairs Hisashi Tokunaga means to bolster bilateral ties at various fields..
Dubai budgets for more growth
13 Jan 11, Gulf News
The Dubai Government expects to generate Dh29.9 billion in revenue against expenditure of Dh33.6 billion this year, leaving it with a Dh3.77 billion deficit, said the Department of Finance (DoF).