Russia yesterday signed a landmark nuclear cooperation deal with the UAE, the final piece of diplomatic paperwork needed to provide uranium from around the world to fuel Abu Dhabi's atomic energy needs until 2035.
Over the past five years Abu Dhabi has signed such treaties with the United Kingdom, the United States, France, Australia and Canada.
In August, Emirates Nuclear Energy Corporation (Enec), Abu Dhabi's nuclear builder, awarded a US$3 billion (Dh11bn) contract to companies from those countries and Russia for 15 years worth of supply for its four planned reactors.
Sergey Kirienko, director general of the Russian state nuclear energy company Rosatom, said Moscow and Abu Dhabi had similar visions in developing atomic power despite sitting on some of the world's biggest oilfields.
"Russia has lots of hydrocarbon reserves - it is a thing that unites our countries," Mr Kirienko said after signing the treaty in Abu Dhabi yesterday with Mohammed Al Hamli, the UAE Minister of Energy. "It is important that countries with fossil fuels reserves develop nuclear - it highlights the competitiveness of nuclear energy."
Russia's Tenex is supplying natural uranium and enrichment services to the UAE civil nuclear programme - the first to be launched since the 1986 Chernobyl disaster - alongside Uranium One, a company based in Canada that is 51 per cent owned by a Rosatom subsidiary.
The atomic cooperation could in theory expand to building reactors or uranium exploration, said Hamad Al Kaabi, the UAE representative to the International Atomic Energy Agency.
"The scope of this agreement allows for wide implementation," said Mr Al Kaabi, the chief negotiator in the Government's nuclear cooperation deals.
"There may be additional contracts."
Russia is notable as a fuel supplier because it is the first nation to agree to take back spent fuel from another country.
It signed a "fuel leasing" deal with Iran designed to prevent nuclear waste from being siphoned off into a weapons programme, though the plan has yet to be put into practice.
Finding suppliers who will take back radioactive waste has been a priority in the UAE nuclear programme since it was proposed in 2008. Fuel leasing would relieve the Emirates of the costly prospect of building a long-term underground storage site on its own land, or the diplomatically complex task of collaborating on a shared repository with other Arabian Gulf nations.
But it has been hard to find countries willing to brave public sentiment and take the waste back. Bob Carr, Australia's foreign minister, ruled it out while signing a cooperation deal in Abu Dhabi earlier this year.
Mr Kirienko praised the UAE's nonproliferation regime. A 2009 treaty with the US rules out enrichment or reprocessing in the Emirates.
"From this point of view the United Arab Emirates has an exceptional reputation," Mr Kirienko said. "It is the question of safety and security, and it requires experience and proven technology."
The last tranche of financing for the US$20bn nuclear plant, being built by a Korean consortium in a remote site 300 km from the capital, is awaiting approval from the Executive Council. So far the US's export import bank has committed $2bn and South Korea's export credit agency, together with a set of other banks, has lined up $10bn. Engineers began pouring concrete for the first reactor foundation at Baraka in July.
ayee@thenational.ae
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
COMPANY%20PROFILE%20
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Day 5, Abu Dhabi Test: At a glance
Moment of the day When Dilruwan Perera dismissed Yasir Shah to end Pakistan’s limp resistance, the Sri Lankans charged around the field with the fevered delirium of a side not used to winning. Trouble was, they had not. The delivery was deemed a no ball. Sri Lanka had a nervy wait, but it was merely a stay of execution for the beleaguered hosts.
Stat of the day – 5 Pakistan have lost all 10 wickets on the fifth day of a Test five times since the start of 2016. It is an alarming departure for a side who had apparently erased regular collapses from their resume. “The only thing I can say, it’s not a mitigating excuse at all, but that’s a young batting line up, obviously trying to find their way,” said Mickey Arthur, Pakistan’s coach.
The verdict Test matches in the UAE are known for speeding up on the last two days, but this was extreme. The first two innings of this Test took 11 sessions to complete. The remaining two were done in less than four. The nature of Pakistan’s capitulation at the end showed just how difficult the transition is going to be in the post Misbah-ul-Haq era.
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Company%20Profile
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Episode list:
Ep1: A recovery like no other- the unevenness of the economic recovery
Ep2: PCR and jobs - the future of work - new trends and challenges
Ep3: The recovery and global trade disruptions - globalisation post-pandemic
Ep4: Inflation- services and goods - debt risks
Ep5: Travel and tourism
UAE currency: the story behind the money in your pockets
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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JAPANESE GRAND PRIX INFO
Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday
Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
England Test squad
Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.
WIDE%20VIEW
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The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
COMPANY%20PROFILE
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
57%20Seconds
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THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
COMPANY PROFILE
Name: Lamsa
Founder: Badr Ward
Launched: 2014
Employees: 60
Based: Abu Dhabi
Sector: EdTech
Funding to date: $15 million
THE BIO
Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13
Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier
Favourite place to travel to: Any walkable city. I also love nature and wildlife
What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
