GulfBase Live Support
Leave a message and our representative will contact you soon
23/12/2014 06:38 AST
Energy demand in the UAE is growing at an annual rate of about 9 per cent — three times the global average — making nuclear energy a growing necessity in the country’s energy portfolio.
Dr Abdul Majid Mahjoub, director general of Arab Atomic Energy (AAE), said the time has come for Arab countries to focus on nuclear energy.
“Arab countries continue to depend on fossil fuels to meet their energy needs. There is an excellent opportunity to build infrastructure for nuclear reactors, which will have massive impact in the development of the region,” he said.
He said the contribution of nuclear energy should increase. “Nuclear energy is just 11.9 per cent of the total world energy output at the moment. It should increase. There are more than 400 nuclear reactors in 31 countries.”
He said there has been a slowdown in the nuclear energy, especially after the Chernobyl and Fukushima nuclear disasters. “It is picking up again and on track.”
Gulf News
05/04/2018
Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa
Arab News
05/04/2018
In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.
A massiv
Arab News
05/04/2018
Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices
The National
05/04/2018
Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re
Times of Oman
05/04/2018
Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i
The Peninsula