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Nuclear Power in the Uae

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Nuclear Power Plant Design for the United Arab Emirates

The United Arab Emirates (also referred to as the UAE or the Emirates) is a relatively young country that has established a powerful world economy in a short period of time. After breaking ties from the United Kingdom just over four decades ago, the UAE has quickly developed one of the most appealing economies for foreign investment in Western Asia. The Emirates’ largest cities, Dubai and Abu Dhabi, are significant business gateways between the Middle East, Africa and Asia. Leveraging its prime geographical location and plentiful oil and natural gas reserves, the UAE has endeavored to develop its economy to the point that “today, [the Emirates] feels proud of [its] world-class and highly-ranked sea and air ports, which have strongly positioned the UAE as a main hub for trade and travel worldwide,” according to UAE Prime Minister Sheikh Mohammed. This improvement-centric mindset coupled with strategic reinvestment in infrastructure sets the United Arab Emirates on a path towards long-term global impact in many business indices.
Figure [ 1 ] http://data.worldbank.org/country/united-arab-emirates S

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Figure [ 1 ] http://data.worldbank.org/country/united-arab-emirates S

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Over the past decade foreign direct investment (FDI) has swelled around the attractive business sector of the United Arab Emirates. Since its inception in 1971, the Emirates’ economy has grown exponentially, with gross domestic product (GDP) exceeding US$377 billion in 2012. Excluding 2009 when the UAE, like most of the world, was affected by a global economic downturn, the Emirates has experienced GDP growth since 1971 (see Figure 1). The UAE’s balance of payments has followed a similar path, with the only recent deficit occurring in 2009. The record high current account surplus of $109.5 billion helped turn the

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