“DUBAI (Reuters) - The United Arab Emirates is days away from awarding the largest ever energy contract in the Middle East for the development of a nuclear power plant, industry sources said on Tuesday. The contract to build at least four reactors is expected to cost the world's third-largest oil producer as much as $40 billion, consultancy Eurasia Group said in a research note published in August.
“President Nicolas Sarkozy was in the UAE in May to open a military base, and some analysts saw the visit as enhancing the French consortium's prospects of winning the contract….."France is already a major partner to UAE in the defence area and I wouldn't be surprised if they are leading in the bid now."……………..”
Cheers and Ramadan Kareem
Mohammed
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